Financials
- Financial year
- 2025
- Total assets
- €385,919
- Profit
- €792
- Solvency
- 37.7%
Total assets▼ 33.9%
Net result
20182025
TERRACA
ActiveSummary
TERRACA has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145,371 and a net result of €792. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 40% of 423 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Cutting, shaping and finishing of stone
NACE 23700Freight transport by road NACE 49410
1 site
Size
€385,919total assets 2025
- Staff
- 2 FTE
- Equity
- €145,371
- Profit
- €792
Turnover not published (abbreviated or micro format)
Structure
2025 accounts filed 13 days late1 of 4 deeds summarised
Why 90raises riskLiquidity: current ratio 1.34, cash €11,604lowers riskSector: Manufacture of other non-metallic mineral products (NACE 23)Size: total assets €385,919Figures for financial year 2025 (filed 13-08-2026)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 23, micro)
Financial strength · tick = 2024
Average
Solvency
63+13
equity 37.7% of total assets
Liquidity
26-3
short-term debt 54.5% · cash 3.0%
Profitability
69+11
return on assets 0.2%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.1 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025highest value
07-2025: 0.6%▼ -0.2 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.7%▲ +0.1 percentage points vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.4%▼ -0.3 percentage points vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.1%▼ -0.6 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.34, compared with 1.66 in 2024, below the usual 1.5; short-term debt: 54.5% and cash: 3% of total assets), and 62.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, micro): better than 40% on solvency, 15% on liquidity, 42% on profitability and 38% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
13 days late
2024
34 days early
2023
1 day early
2022
41 days early
2021
61 days late
2020
13 days late
2019
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 23) for financial year 2024 is 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2018
- Next accounts
- by 31-07-2027
- 27-06-2024Registered office
- 20-06-2023Annual accounts filed
- 31-12-2022Highest result from 2018 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Cutting, shaping and finishing of stoneNACE 23700
- Founded
- 05-04-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about TERRACA
- What is the company number of TERRACA?
- 0651.594.431. In Belgium the VAT number is the company number with BE in front: BE 0651.594.431.
- Where is TERRACA based?
- The registered office is at Woestijnepark 12, 9880 Aalter.Company details
- What does TERRACA do?
- According to the KBO register, the main activity is cutting, shaping and finishing of stone (NACE 23700).
- What is the legal form of TERRACA?
- Private limited company (BV).
- When was TERRACA founded?
- On 05-04-2016.
- Is TERRACA still active?
- Yes, TERRACA is an active enterprise in the KBO register.
- How many employees does TERRACA have?
- On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TERRACA?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is TERRACA profitable?
- In financial year 2025, TERRACA made a profit of €792.
- Where can I find the annual accounts of TERRACA?
- TERRACA filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TERRACA due?
- By 31-07-2027, for financial year 2026.Timeline
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