TERRACHIARA
ActiveFor TERRACHIARA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €78k and a net result of €23k. Equity is growing by ~48.6% per year across the filed fiscal years. Its solvency ranks better than 72% of 15228 sector peers (fiscal year 2023). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability93▲+4
Solvency90▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
65.1%
Return on assets
19%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline20-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-11-2025, 485 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
485 d late
2022
195 d late
2021
61 d late
2020
66 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€78k▲ 41.3%
2022 · €55k
2018: €-7k
2019: €17k
2020: €25k
2021: €39k
2022: €55k
2018 → 2023
Total assets
€120k▲ 18.9%
2022 · €101k
2018: €69k
2019: €89k
2020: €96k
2021: €86k
2022: €101k
2018 → 2023
Net result
€23k▲ 42.4%
2022 · €16k
2018: €13k
2019: €24k
2020: €9k
2021: €14k
2022: €16k
2018 → 2023
Working capital
€78k▲ 58.3%
2022 · €49k
2018: €-10k
2019: €7k
2020: €20k
2021: €29k
2022: €49k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€17k-€25k▲ 50.9%€39k▲ 54.6%€55k▲ 40.9%€78k▲ 41.3%
Operating result€40k-€13k▼ 66.0%€20k▲ 44.7%€24k▲ 22.9%€31k▲ 27.7%
Net result€24k-€9k▼ 64.7%€14k▲ 61.9%€16k▲ 15.8%€23k▲ 42.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed three years in a row; 2023 is 28% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €120k
Fixed assets
€991▼ 85.1%
Current assets
€119k▲ 26.2%
Equity and liabilities €120k
Equity
€78k▲ 41.3%
Debt
€42k▼ 8.2%
The debt ratio falls from 45.3% to 34.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2022 · €29k
Cash flow
€29k▲
2022 · €21k
Solvency
65.1%▲
2022 · 54.7%
Current ratio
2.86▲
2022 · 2.08
Quick ratio
2.72▲
2022 · 1.84
Debt / equity
0.54▼
2022 · 0.83
ROE
29.2%▲
2022 · 29.0%
ROA
19.0%▲
2022 · 15.9%
Interest coverage
320.81▲
2022 · 55.66
Debt
€42k▼
2022 · €46k
Debt ≤ 1 year
€42k▼
2022 · €46k
Income taxes
€8k▼
2022 · €8k
Staff costs
€32k▲
2022 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€101k€120k▲
Fixed assets21/28€7k€991▼
Tangible fixed assets22/27€6k€0▼
Furniture and vehicles24€6k€0▼
Financial fixed assets28€991€991=
Current assets29/58€94k€119k▲
Stocks and contracts in progress3€11k€6k▼
Stocks30/36€11k€6k▼
Amounts receivable within one year40/41€22k€80k▲
Trade receivables40€22k€61k▲
Other amounts receivable41€156€19k▲
Cash at bank and in hand54/58€61k€33k▼
Deferred charges and accrued income490/1€455€1k▲
Equity and liabilities
Total equity and liabilities10/49€101k€120k▲
Equity10/15€55k€78k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€60k€60k=
Distributable reserves133€60k€60k=
Profit (loss) carried forward14€-23k€-540▲
Amounts payable17/49€46k€42k▼
Amounts payable within one year42/48€46k€42k▼
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45€21k€23k▲
Taxes450/3€17k€23k▲
Remuneration and social security454/9€4k€268▼
Other amounts payable47/48€16k-
Accrued charges and deferred income492/3€263€263=
Income statement
Code20222023
Non-recurring operating income76A€799€2k▲
Remuneration, social security and pensions62€31k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€958€4k▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€63k€72k▲
Operating profit (loss)9901€24k€31k▲
Financial income75/76B€245-
Recurring financial income75€245-
Financial charges65/66B€516€113▼
Recurring financial charges65€516€113▼
Profit (loss) for the period before taxes9903€24k€31k▲
Income taxes67/77€8k€8k▼
Profit (loss) for the period9904€16k€23k▲
Profit (loss) for the period to be appropriated9905€16k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-540▲
Profit (loss) brought forward from the previous period14P€-29k€-23k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 485 days late
2024
11-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 195 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 66 days late
2020
31-12
Financial
Weakest financial yearnet €9k ▼64.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Highest result since 2018net €24k ▲81.6%
Operating result €40k, net result €24k, both a record.
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 45 days late
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 74 days late
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 52 days late
2015
25-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Neerleest 131020 BrusselGround area
2.2 ha
Building footprint
5,395 m²
Volume, LiDAR
28,115 m³
2 parcels, Brussels, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Bergensesteenweg 181, 1600 Sint-Pieters-Leeuw
since 19892.046.344.959
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0175/00V003 | Flanders | 2.1 ha | 1 · 5,304 m² | 7.7 m · 2 fl. |
| 21819C0189/00T002 | Brussels | 224 m² | 1 · 90 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
STAR - SOUVENIRS
BE 0478.395.684
Brussel · Eq €79k
T.P.L. BELGIUM
BE 0464.858.642
Lommel · Eq €78k
SERCOLAB
BE 0431.052.360
Antwerpen · Eq €78k
TINKO
BE 0825.587.685
Zedelgem · Eq €79k
PRIVATE CONSULT
BE 0846.927.685
Brasschaat · Eq €80k
Of 1,170 companies in sector 46499 we hold annual accounts for 743. 465 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-1989
Fiscal year end31-12
Activities, NACEBEL
46499Wholesale of other household goods
47789Other retail sale of new goods
51478
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:fisclaw@skynet.be
Phone:02/3721962
Fax:02/3723887