Terragé
ActiveSummary
The computed 12-month bankruptcy probability of Terragé is 2.5% (moderate). The annual accounts of Terragé for fiscal year 2024 show a net loss of 66% of total assets and of 69% of the equity at the start of that year. The 2024 annual accounts show equity of €3,245 and a net result of -€7,356. Its solvency ranks better than 29% of 8969 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,206 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,206 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66 | €407 | ▲ 521% |
| Other operating charges640/8 | €103 | €234 | ▲ 127% |
| Gross operating margin9900 | €6,776 | -€6,777 | ▼ 200% |
| Operating profit (loss)9901 | €6,607 | -€7,418 | ▼ 212% |
| Financial income75/76B | €188 | €126 | ▼ 33.1% |
| Recurring financial income75 | €188 | €126 | ▼ 33.1% |
| Financial charges65/66B | €67 | €74 | ▲ 11.0% |
| Recurring financial charges65 | €67 | €74 | ▲ 11.0% |
| Profit (loss) for the period before taxes9903 | €6,728 | -€7,367 | ▼ 209% |
| Income taxes67/77 | €1,727 | -€11 | ▼ 101% |
| Profit (loss) for the period9904 | €5,001 | -€7,356 | ▼ 247% |
| Profit (loss) for the period to be appropriated9905 | €5,001 | -€7,356 | ▼ 247% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €24,911 | €11,193 | ▼ 55.1% |
| Fixed assets21/28 | €1,157 | €749 | ▼ 35.2% |
| Tangible fixed assets22/27 | €1,157 | €749 | ▼ 35.2% |
| Furniture and vehicles24 | €1,157 | €749 | ▼ 35.2% |
| Current assets29/58 | €23,754 | €10,443 | ▼ 56.0% |
| Amounts receivable within one year40/41 | €20,331 | €9,360 | ▼ 54.0% |
| Trade receivables40 | €17,173 | €3,138 | ▼ 81.7% |
| Other amounts receivable41 | €3,158 | €6,222 | ▲ 97.0% |
| Cash at bank and in hand54/58 | €2,195 | €592 | ▼ 73.0% |
| Deferred charges and accrued income490/1 | €1,229 | €491 | ▼ 60.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €24,911 | €11,193 | ▼ 55.1% |
| Equity10/15 | €10,601 | €3,245 | ▼ 69.4% |
| Contributions10/11 | €5,600 | €5,600 | = |
| Profit (loss) carried forward14 | €5,001 | -€2,355 | ▼ 147% |
| Amounts payable17/49 | €14,310 | €7,947 | ▼ 44.5% |
| Amounts payable within one year42/48 | €14,310 | €7,947 | ▼ 44.5% |
| Trade debts44 | €9,884 | €1,032 | ▼ 89.6% |
| Suppliers440/4 | €9,884 | €1,032 | ▼ 89.6% |
| Taxes, remuneration and social security45 | €4,426 | €2,576 | ▼ 41.8% |
| Taxes450/3 | €4,426 | €2,576 | ▼ 41.8% |
| Other amounts payable47/48 | - | €4,339 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,001 | -€7,356 | ▼ 247% |
| + Depreciation and write-downs630 | €66 | €407 | ▲ 521% |
| Operating cash flow (approximation) | €5,067 | -€6,949 | ▼ 237% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€1,602 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B2076/00C000 | Flanders | 96 m² | 1 · 90 m² | 20.4 m · 6 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.