TERRA SELECTION
The computed 12-month bankruptcy probability of TERRA SELECTION is 6.6% (elevated). The 2024 annual accounts show negative equity (€-44k) and a net result of €-49k. Its solvency ranks better than 8% of 3307 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-44k |
| Net result | €-49k |
| Better than sector | 8% |
| Active | 2 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -126.8% | 25.2% | |
| Net result | €-49k | €4k | |
| Equity | €-44k | €22k | |
| Gross operating margin | €-25k | €18k | |
| Staff costs | €21k | €27k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-46k |
| Net profit | €-49k |
| Cash flow | €-48k |
| Staff costs | €21k |
| Income taxes | - |
| Dividends | - |
| Total assets | €35k |
| Equity | €-44k |
| Debt | €79k |
| of which ≤ 1y | €50k |
| of which > 1y | €29k |
| Working capital | €-17k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.65 |
| Quick ratio | 0.40 |
| Working capital ratio | -50.1% |
| Solvency | -126.8% |
| Debt / equity | -1.79 |
| Long-term debt ratio | -0.66 |
| Interest coverage | -23.17 |
| Gross margin | - |
| Net margin | - |
| ROA | -141.2% |
| ROE | 111.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €35k |
| Fixed assets | 21/28 | €2k |
| Intangible fixed assets | 21 | €2k |
| Financial fixed assets | 28 | €125 |
| Current assets | 29/58 | €32k |
| Stocks & contracts in progress | 3 | €12k |
| Amounts receivable within one year | 40/41 | €13k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €35k |
| Equity | 10/15 | €-44k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-49k |
| Amounts payable | 17/49 | €79k |
| Amounts payable after one year | 17 | €29k |
| Amounts payable within one year | 42/48 | €50k |
| Trade debts payable within one year | 44 | €34k |
| Income statement | ||
| Gross operating margin | 9900 | €-25k |
| Operating result | 9901 | €-47k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-49k |
| Net result for the period | 9904 | €-49k |
| Result to be appropriated | 9905 | €-49k |
| NACE primary | Non-specialised wholesale(46392) |
| Legal form | Private limited company(610) |
| Incorporation | 24-08-2023 |
| Status | Active |
| Postal code | 1180 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0284/00W003 | Brussels | 190 m² | 1 · 60 m² | 11.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-07-2024 Registered office moved to UCCLE
- Chaussée de Saint Job 361 1180 UCCLE
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Chauss\u00E9e de Saint Job 361\n1180 UCCLE",
"city": "UCCLE",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Chauss\u00E9e de Saint Job",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "361",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2024-07-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
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"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
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}
],
"notary": {
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},
"act_meta": {
"language": "fr",
"pub_date": "2024-07-03",
"filing_date": "2024-06-25",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": null,
"unanimous": null
},
"subject_company": {
"kbo": "0805.081.687",
"name_full": "TERRA SELECTION",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Domenico Paglia",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 03/07/2024 - Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | TERRA SELECTION |