TERRA PROJECTS
ActiveSummary
TERRA PROJECTS has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €288,358 and a net result of €24,199. Equity is growing by about 43% per year across the filed financial years. Its solvency ranks better than 94% of 17,033 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La constitution et la gestion d'un patrimoine immobilier et la location financement de biens immeubles aux tiers,l'acquisition par l'achat…” (deed in French)
Text of the purpose (deed in French)
“La constitution et la gestion d'un patrimoine immobilier et la location financement de biens immeubles aux tiers,l'acquisition par l'achat ou autrement,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immobiliers,ainsi que toutes opérations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens immobiliers”
- Name clauseThe name the company operates under according to its articles.
- Terra Projects
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d'administration peut déplacer siège en Belgique pour autant que déplacement n'impose pas modification langue…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, en cas vacance place par décès,démission ou autre cause et pour autant qu'administrateurs…” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, inscrites registre actions nominatives avec mentions requises Code des sociétés et des associations” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of December at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs,émoluments,mode de liquidation, nomination met fin aux pouvoirs de l'organe d'administration” (deed in French)