TERRANEST
ActiveSummary
TERRANEST has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €5k. Its solvency ranks better than 65% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▼-2
Solvency98▼-2
Growth52
Track record82
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.55 against 4.89 in 2024; short-term debt: 27.1% and cash: 59% of total assets), and 27.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.9%
Return on assets
23.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 46.8%
2024 · €10k
2024: €10k
2025: €15k▲ +46.8% vs 2024
2024 → 2025
Total assets
€21k▲ 60.1%
2024 · €13k
2024: €13k
2025: €21k▲ +60.1% vs 2024
2024 → 2025
Net result
€5k▼ 45.3%
2024 · €9k
2024: €9k
2025: €5k▼ -45.3% vs 2024
2024 → 2025
Working capital
€14k▲ 38.7%
2024 · €10k
2024: €10k
2025: €14k▲ +38.7% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€10k-€15k▲ 46.8%
2024: €10k
2025: €15k▲ +46.8% vs 2024
Operating result€11k-€7k▼ 38.9%
2024: €11k
2025: €7k▼ -38.9% vs 2024
Net result€9k-€5k▼ 45.3%
2024: €9k
2025: €5k▼ -45.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€844
Current assets
€20k
Equity and liabilities €21k
Equity
€15k ▲ 46.8%
Debt
€6k ▲ 112%
Debt's share of the balance-sheet total rises from 20.5% to 27.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k
Cash flow
€5k
Current ratio
3.55▼
2024 · 4.89
Debt to equity
0.37▲
2024 · 0.26
ROE
31.9%▼
2024 · 85.6%
ROA
23.3%▼
2024 · 68.1%
Interest coverage
11.48
Debt ≤ 1 year
€6k▲
2024 · €3k
Income taxes
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€21k▲
Fixed assets21/28-€844
Tangible fixed assets22/27-€844
Furniture and vehicles24-€844
Current assets29/58€13k€20k▲
Amounts receivable within one year40/41€6k€5k▼
Trade receivables40€6k€5k▼
Other amounts receivable41€439€455▲
Cash at bank and in hand54/58€5k€12k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€13k€21k▲
Equity10/15€10k€15k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€9k€14k▲
Amounts payable17/49€3k€6k▲
Amounts payable within one year42/48€3k€6k▲
Trade debts44€420€2k▲
Suppliers440/4€420€2k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48-€233
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€345
Other operating charges640/8€27€153▲
Gross operating margin9900€11k€7k▼
Operating profit (loss)9901€11k€7k▼
Financial income75/76B-€16
Recurring financial income75-€16
Financial charges65/66B€230€637▲
Recurring financial charges65€230€637▲
Profit (loss) for the period before taxes9903€11k€6k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€9k€5k▼
Profit (loss) for the period to be appropriated9905€9k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€14k▲
Profit (loss) brought forward from the previous period14P-€9k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €345 | - |
| Other operating charges640/8 | €27 | €153 | ▲ 462% |
| Gross operating margin9900 | €11k | €7k | ▼ 34.7% |
| Operating profit (loss)9901 | €11k | €7k | ▼ 38.9% |
| Financial income75/76B | - | €16 | - |
| Recurring financial income75 | - | €16 | - |
| Financial charges65/66B | €230 | €637 | ▲ 177% |
| Recurring financial charges65 | €230 | €637 | ▲ 177% |
| Profit (loss) for the period before taxes9903 | €11k | €6k | ▼ 43.2% |
| Income taxes67/77 | €2k | €1k | ▼ 34.8% |
| Profit (loss) for the period9904 | €9k | €5k | ▼ 45.3% |
| Profit (loss) for the period to be appropriated9905 | €9k | €5k | ▼ 45.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €13k | €21k | ▲ 60.1% |
| Fixed assets21/28 | - | €844 | - |
| Tangible fixed assets22/27 | - | €844 | - |
| Furniture and vehicles24 | - | €844 | - |
| Current assets29/58 | €13k | €20k | ▲ 53.7% |
| Amounts receivable within one year40/41 | €6k | €5k | ▼ 15.2% |
| Trade receivables40 | €6k | €5k | ▼ 16.7% |
| Other amounts receivable41 | €439 | €455 | ▲ 3.7% |
| Cash at bank and in hand54/58 | €5k | €12k | ▲ 157% |
| Deferred charges and accrued income490/1 | €2k | €3k | ▲ 19.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €13k | €21k | ▲ 60.1% |
| Equity10/15 | €10k | €15k | ▲ 46.8% |
| Contributions10/11 | €2k | €2k | = |
| Profit (loss) carried forward14 | €9k | €14k | ▲ 54.7% |
| Amounts payable17/49 | €3k | €6k | ▲ 112% |
| Amounts payable within one year42/48 | €3k | €6k | ▲ 112% |
| Trade debts44 | €420 | €2k | ▲ 307% |
| Suppliers440/4 | €420 | €2k | ▲ 307% |
| Taxes, remuneration and social security45 | €2k | €4k | ▲ 65.2% |
| Taxes450/3 | €2k | €4k | ▲ 65.2% |
| Other amounts payable47/48 | - | €233 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €5k | ▼ 45.3% |
| + Depreciation and write-downs630 | - | €345 | - |
| Operating cash flow (approximation) | €9k | €5k | ▼ 41.4% |
| Change in cash | - | €8k | - |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 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, Braives · 1 establishment unit since 2024
Ground area
1,538 m²
Building footprint
177 m²
Volume, LiDAR
1,638 m³
Parcel 64015A1139/00A000, Wallonia · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TERRANEST
since 20242.364.602.949
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64015A1139/00A000 | Wallonia | 1,538 m² | 1 · 177 m² | 13.0 m · 3 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
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 11,781 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
Founded20-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
55203Holiday cottages, homes and apartments
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
Contact
E-mail
feltzadeliln@gmail.com
Phone
+32499223215
Scores and ratios are computed by Checked and are not a credit decision.