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TERRACORRECT

Active
Private limited companyfounded 2014active for 11 yearsVliegveld 31, 8560 Wevelgem, BelgiumKBO/BCE: BE 0567.547.790
Summary

The computed 12-month bankruptcy probability of TERRACORRECT is 1.5% (moderate). The 2025 annual accounts show equity of €533,811 and a net result of €114,712, of which €136,533 non-recurring income. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 39% of 255 sector peers (NACE 38, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

History

On 3 November 2014, TERRACORRECT was incorporated.1 In 2025 the registered office moved to Wevelgem.2 Total assets went from €1.1m in 2019 to €2.0m in 2025 and headcount from 1.8 to 2.8 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-09-2025
  3. 3National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-10-2026
2025
21-10
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
17-09
Gazette deed Registered office
Registered-office move · Power of attorney4 facts ▸
  • Registered-office move, Vliegveld 31, 8560 Wevelgem
  • Board meeting, 08-07-2025
  • Power of attorney, Niels PEERS
  • Power of attorney, Dieter BONTE
31-03
Financial Equity above €500,000equity €533,811 ▲27.4%
A profit in every financial year since 2019 builds equity to €533,811.
2024
29-10
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
31-03
Financial Weakest financial yearnet €19,860 ▼84%
Net result drops to €19,860, the lowest in the series; recovery starts the following year.
2023
13-10
NBB filing Annual accounts filed
financial year 2023 · micro format
31-03
Financial Highest result from 2019 to 2025net €124,183 ▲45%
Net result €124,183, the highest in the series.
2022
28-10
NBB filing Annual accounts filed
financial year 2022 · micro format
31-03
Financial Equity above €200,000equity €275,056 ▲45.2%
A profit in every financial year since 2019 builds equity to €275,056.
2021
27-04
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
30-09
Financial Equity above €150,000equity €189,435 ▲78.7%
A profit in every financial year since 2019 builds equity to €189,435.
30-04
NBB filing Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
29-03
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
29-03
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
03-04
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
2016
01-04
NBB filing Annual accounts filed
financial year 2015 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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