TERRADIZE BELGIUM

Active

Private limited company (pre-2019)founded 2013active for 12 yearsRiddersstraat 14, 1050 Elsene, Belgium17 active companies are registered at this addressKBO/BCE: BE 0542.864.161

Summary

The computed 12-month bankruptcy probability of TERRADIZE BELGIUM is 7.0% (elevated). For TERRADIZE BELGIUM, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€38,603) and a net result of -€2,361. Equity is shrinking by about 15% per year across the filed financial years. The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

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TERRADIZE BELGIUMActive

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Activity

Activity not known1 site

Size

€2.5mtotal assets 2022

Equity: -€38,603
Loss: -€2,361

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 7.0%

2022 figures too old to score

Structure

Holdings: 1

Accounts 809 days overdue0 of 3 deeds read

Signalsraises riskFigures for financial year 2022 (filed 12-08-2023)Liquidity: current ratio 0.00, cash €100No filing in 24 months (latest 12-08-2023)Two or more financial years not filedlowers riskSize: total assets €2.5mneutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2020

Weak

Solvency 23-1

equity -1.5% of total assets

Liquidity 9-41

short-term debt 75.1% · cash 0.0%

Profitability 37=

return on assets -0.1%

Bankruptcy probability, 12 months

7.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.1%lowest value 12-2024: 3.9%▲ +0.8 percentage points vs 11-2024 01-2025: 5.1%▲ +1.2 percentage points vs 12-2024 02-2025: 5.1%● unchanged vs 01-2025 03-2025: 5.1%● unchanged vs 02-2025 04-2025: 4.9%▼ -0.2 percentage points vs 03-2025 05-2025: 4.8%▼ -0.1 percentage points vs 04-2025 06-2025: 4.8%● unchanged vs 05-2025 07-2025: 4.8%● unchanged vs 06-2025 08-2025: 5.2%▲ +0.4 percentage points vs 07-2025 09-2025: 6.6%▲ +1.4 percentage points vs 08-2025 10-2025: 6.6%● unchanged vs 09-2025 11-2025: 6.6%● unchanged vs 10-2025 12-2025: 6.6%● unchanged vs 11-2025 01-2026: 6.6%● unchanged vs 12-2025 02-2026: 6.6%● unchanged vs 01-2026 03-2026: 6.6%● unchanged vs 02-2026 04-2026: 7.7%▲ +1.1 percentage points vs 03-2026highest value 05-2026: 7.7%● unchanged vs 04-2026highest value 06-2026: 7.7%● unchanged vs 05-2026highest value 07-2026: 7.7%● unchanged vs 06-2026highest value 08-2026: 7.4%▼ -0.3 percentage points vs 07-2026 09-2026: 7.0%▼ -0.4 percentage points vs 08-2026 10-2026: 7.0%● unchanged vs 09-2026

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Signals

Six signals.

lowers riskraises riskneutral

Figures for financial year 2022 (filed 12-08-2023)

NBB · annual accounts

Liquidity: current ratio 0.00, cash €100

NBB · annual accounts

Size: total assets €2.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

No filing in 24 months (latest 12-08-2023)

NBB · filings

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 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 · 8 filings

Position against the passed deadline

31-12-2023 year end31-07-2024 deadline18-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 10-08-2023, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 8 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

10 days late

2020

19 days late

2019

59 days late

2018

29 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 4 accounts on average 29 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage