Skip to content

TERRAMIA

Active
Private limited companyfounded 20206 yrs activeZuidlaan 52, 1000 Brussel, BelgiumKBO/BCE: BE 0744.947.627
Summary

The computed 12-month bankruptcy probability of TERRAMIA is 5.2% (elevated). The 2024 annual accounts show equity of €5,560. Equity is shrinking by ~14.9% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
TERRAMIAActive
Risk analysis ReportCompare

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2023
Profitability-
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
98.4%
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 23-09-2025, 54 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
54 d late
2023
30 d late
2022
4 d early
2021
6 d early
2020
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

On 11 March 2020, TERRAMIA was incorporated as a Private limited company.1 Total assets went from EUR 9,307 in 2020 to EUR 5,652 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€5,560=
2023 · €5,560
Total assets
€5,652=
2023 · €5,652
Net result
-€762▲ 64.7%
2022 · -€2,156
Working capital
€5,560=
2023 · €5,560
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€6,199--€721-€355▲ 50.8%-€492▼ 38.6%
Net result€6,199--€722-€2,156▼ 199%-€762▲ 64.7%
Equity€9,199-€8,478▼ 7.8%€6,322▼ 25.4%€5,560▼ 12.0%€5,560=
Total assets€9,307-€8,922▼ 4.1%€6,414▼ 28.1%€5,652▼ 11.9%€5,652=
Debt€107-€445▲ 314%€92▼ 79.3%€92=€92=
Working capital€9,199-€8,478▼ 7.8%€6,322▼ 25.4%€5,560▼ 12.0%€5,560=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,500€0€2,500€5,000Operating result 2020: €6,199€6,199Net result 2020: €6,199€6,199Operating result 2021: -€721-€721Net result 2021: -€722-€722Operating result 2022: -€355-€355Net result 2022: -€2,156-€2,156Operating result 2023: -€492-€492Net result 2023: -€762-€76220202021202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€355-€355Net result 2022: -€2,156-€2,160Operating result 2023: -€492-€492Net result 2023: -€762-€762202220232024
The operating result stays negative: a loss of €492 in 2023 against €355 in 2022; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €5,652
Equity €5,560 =
Debt €92 =
Debt's share of the balance-sheet total stays at 1.6%.
Key figures and ratios
2024 value · change against 2023
Current ratio
61.49=
2023 · 61.49
Debt to equity
0.02=
2023 · 0.02
Debt ≤ 1 year
€92=
2023 · €92
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 22 lines
Balance sheet Code20232024
Assets
Total assets20/58€5,652€5,652=
Current assets29/58€5,652€5,652=
Amounts receivable within one year40/41€241€241=
Other amounts receivable41€241€241=
Cash at bank and in hand54/58€5,411€5,411=
Equity and liabilities
Total equity and liabilities10/49€5,652€5,652=
Equity10/15€5,560€5,560=
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€2,560€2,560=
Amounts payable17/49€92€92=
Amounts payable within one year42/48€92€92=
Other amounts payable47/48€92€92=
Income statement Code20232024
Other operating charges640/8€386-
Gross operating margin9900-€106-
Operating profit (loss)9901-€492-
Financial charges65/66B€270-
Recurring financial charges65€270-
Profit (loss) for the period before taxes9903-€762-
Profit (loss) for the period9904-€762-
Profit (loss) for the period to be appropriated9905-€762-
Appropriation of the result
Profit (loss) to be appropriated9906€2,560€2,560=
Profit (loss) brought forward from the previous period14P€3,322€2,560▼

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

Line20202021202220232024Change
Other operating charges640/8-€3€355€386--
Gross operating margin9900€6,547-€718--€106--
Operating profit (loss)9901€6,199-€721-€355-€492--
Financial charges65/66B-€0€246€270--
Recurring financial charges65-€0€246€270--
Profit (loss) for the period before taxes9903€6,199-€722-€601-€762--
Income taxes67/77--€1,555---
Profit (loss) for the period9904€6,199-€722-€2,156-€762--
Profit (loss) for the period to be appropriated9905€6,199-€722-€2,156-€762--
Line20202021202220232024Change
Assets
Total assets20/58€9,307€8,922€6,414€5,652€5,652=
Current assets29/58€9,307€8,922€6,414€5,652€5,652=
Amounts receivable within one year40/41€234€241€241€241€241=
Other amounts receivable41-€241€241€241€241=
Cash at bank and in hand54/58€9,073€8,682€6,173€5,411€5,411=
Equity and liabilities
Total equity and liabilities10/49€9,307€8,922€6,414€5,652€5,652=
Equity10/15€9,199€8,478€6,322€5,560€5,560=
Contributions10/11-€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14€6,199€5,478€3,322€2,560€2,560=
Amounts payable17/49€107€445€92€92€92=
Amounts payable within one year42/48€107€445€92€92€92=
Trade debts44-€92----
Suppliers440/4-€92----
Other amounts payable47/48-€352€92€92€92=
Line20202021202220232024Change
Profit (loss) for the period9904€6,199-€722-€2,156-€762--
Operating cash flow (approximation)€6,199-€722-€2,156-€762--
Change in cash--€391-€2,509-€762€0▲ 100%

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
23-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€2,156
Net result drops to -€2,156, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 69.77
Current ratio from 20.07 to 69.77; short-term debt falls from €445 to €92.
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel
exact location from the address register On OpenStreetMap
Ground area
144 m²
Building footprint
144 m²
Volume, LiDAR
2,714 m³
Parcel 21810L2203/00G002, Brussels · tallest building 22.2 m, ±7 floors. Linked by address, not a title deed.
54 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21810L2203/00G002 Brussels 144 m² 1 · 144 m² 22.1 m · 7 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.

Company details

Identification
Legal formPrivate limited company
Founded11-03-2020
Fiscal year end31-12
Contact
E-mail AHMED.ELMOULAT1030@GMAIL.COM
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

We would like to set cookies. That happens only with your consent. What we measure