TerraKava

Active

Private limited companyfounded 20241 yr activeDe Schrans 36, 2235 Hulshout, BelgiumKBO/BCE: BE 1016.015.216

The computed 12-month bankruptcy probability of TerraKava is 2.5% (moderate). The 2025 annual accounts show negative equity (€-44k) and a net result of €-49k. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

15 / 100

Critical

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency39

Growth-

Stability67

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.74), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

-13.1%

Return on assets

-14.6%

Age of the figures

8 mo

Negative equity

Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2025

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

on the day

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-44k

Total assets

€335k

Net result

€-49k

Working capital

€-12k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €335k

89.7%

10%

Fixed assets €301k

Current assets €34k

Key figures and ratios

2025 value

EBITDA

€8k

Cash flow

€-4k

Solvency

-13.1%

Current ratio

0.74

Quick ratio

0.74

Debt / equity

-8.64

ROE

111.4%

ROA

-14.6%

Interest coverage

0.65

Debt

€379k

Debt ≤ 1 year

€47k

Debt > 1 year

€333k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€335k

Fixed assets21/28€301k

Tangible fixed assets22/27€301k

Land and buildings22€301k

Current assets29/58€34k

Amounts receivable within one year40/41€5k

Other amounts receivable41€5k

Cash at bank and in hand54/58€29k

Equity and liabilities

Total equity and liabilities10/49€335k

Equity10/15€-44k

Contributions10/11€5k

Profit (loss) carried forward14€-49k

Amounts payable17/49€379k

Amounts payable after more than one year17€333k

Financial debts170/4€333k

Amounts payable within one year42/48€47k

Current portion of amounts payable after more than one year42€9k

Trade debts44€616

Suppliers440/4€616

Other amounts payable47/48€37k

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k

Other operating charges640/8€5k

Gross operating margin9900€13k

Operating profit (loss)9901€-37k

Financial charges65/66B€12k

Recurring financial charges65€12k

Profit (loss) for the period before taxes9903€-49k

Profit (loss) for the period9904€-49k

Profit (loss) for the period to be appropriated9905€-49k

Appropriation of the result

Profit (loss) to be appropriated9906€-49k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

31-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

0 of 1 act read

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, Hulshout · 1 establishment unit since 2024

exact location from the address register On OpenStreetMap

Ground area

1,190 m²

Building footprint

189 m²

Volume, LiDAR

1,376 m³

Parcel 13015B0427/00C000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

TerraKava

De Schrans 36, 2235 HulshoutReal estate activities

since 20242.368.636.763

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13015B0427/00C000	Flanders	1,190 m²	1 · 189 m²	10.7 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-11-2024

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.