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Terrah Projects

Active
Private limited companyfounded 2020active for 6 yearsBergensesteenweg 99, 1500 Halle, BelgiumKBO/BCE: BE 0744.896.355
Summary

The annual accounts of Terrah Projects for financial year 2025 show a net loss of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €24,978 and a net result of -€200,267. Equity is shrinking by about 30% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 14% of 8,558 sector peers (NACE 73, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

History

Terrah Projects was incorporated on 10 March 2020 as a private limited company.1 Total assets rose from €851,062 in 2021 to €2.8m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Weakest financial yearnet -€200,267
Net result drops to -€200,267, the lowest in the series.
31-12
Financial Liquidity triplescurrent ratio 16.74
Current ratio from 5.52 to 16.74; short-term debt falls from €386,531 to €119,435.
28-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
2024
31-12
Financial Back to profitnet €189,100
Net result €189,100 after 2 loss-making years.
31-12
Financial Liquidity more than 12 timescurrent ratio 5.52
Current ratio from 0.45 to 5.52; short-term debt falls from €1.7m to €386,531.
31-12
Financial Equity above €200,000equity €225,245 ▲523%
Equity rises from €36,145 to €225,245.
30-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 30 days late
2023
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
2022
23-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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