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Terralux

Active
Private limited companyfounded 20242 yrs activeBoeierstraat 53, 9000 Gent, BelgiumKBO/BCE: BE 1012.300.710
Summary

The computed 12-month bankruptcy probability of Terralux is 3.3% (moderate). The 2024 annual accounts show equity of €2,825 and a net result of €825. Its solvency ranks better than 44% of 5897 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability82
Solvency61
Growth-
Track record67
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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 2024
Solvency, return and age of the figures
Solvency
36.1%
Return on assets
10.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
60 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 60 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

Terralux was incorporated on 7 August 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€2,825
Total assets
€7,836
Net result
€825
Working capital
€2,825

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

Balance-sheet composition
Equity and liabilities €7,836
Equity €2,825
Debt €5,011
Debt finances 63.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€2,747
Cash flow
€2,386
Current ratio
1.56
Debt to equity
1.77
ROE
29.2%
ROA
10.5%
Interest coverage
19.46
Debt ≤ 1 year
€5,011
Income taxes
€220

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,276 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet Code2024
Assets
Total assets20/58€7,836
Current assets29/58€7,836
Amounts receivable within one year40/41€6,158
Trade receivables40€4,147
Other amounts receivable41€2,011
Cash at bank and in hand54/58€1,678
Equity and liabilities
Total equity and liabilities10/49€7,836
Equity10/15€2,825
Contributions10/11€2,000
Profit (loss) carried forward14€825
Amounts payable17/49€5,011
Amounts payable within one year42/48€5,011
Trade debts44€4,117
Suppliers440/4€4,117
Taxes, remuneration and social security45€894
Taxes450/3€894
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,561
Other operating charges640/8€141
Gross operating margin9900€2,888
Operating profit (loss)9901€1,186
Financial charges65/66B€141
Recurring financial charges65€141
Profit (loss) for the period before taxes9903€1,045
Income taxes67/77€220
Profit (loss) for the period9904€825
Profit (loss) for the period to be appropriated9905€825
Appropriation of the result
Profit (loss) to be appropriated9906€825

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,561
Other operating charges640/8€141
Gross operating margin9900€2,888
Operating profit (loss)9901€1,186
Financial charges65/66B€141
Recurring financial charges65€141
Profit (loss) for the period before taxes9903€1,045
Income taxes67/77€220
Profit (loss) for the period9904€825
Profit (loss) for the period to be appropriated9905€825
Line2024
Assets
Total assets20/58€7,836
Current assets29/58€7,836
Amounts receivable within one year40/41€6,158
Trade receivables40€4,147
Other amounts receivable41€2,011
Cash at bank and in hand54/58€1,678
Equity and liabilities
Total equity and liabilities10/49€7,836
Equity10/15€2,825
Contributions10/11€2,000
Profit (loss) carried forward14€825
Amounts payable17/49€5,011
Amounts payable within one year42/48€5,011
Trade debts44€4,117
Suppliers440/4€4,117
Taxes, remuneration and social security45€894
Taxes450/3€894
Line2024
Profit (loss) for the period9904€825
+ Depreciation and write-downs630€1,561
Operating cash flow (approximation)€2,386

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
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.

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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, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,266 m²
Building footprint
599 m²
Volume, LiDAR
3,645 m³
Parcel 44813T0121/00D000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Terralux
Boeierstraat 53, 9000 GentSpecialised construction activities
since 20242.362.429.060
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44813T0121/00D000 Flanders 2,266 m² 1 · 599 m² 6.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 1,125 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
43990Other specialised construction activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.