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TERRANIVEAU

Active Private limited companyfounded 2005active for 21 yearsRue Winston-Churchill 424, 4020 LiègeKBO/BCE: BE 0874.668.497

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €36,708 (2025)
€36,708▲ 7.4%
lowest -€25,957 (2009)
€9,525▼ 71.1%
peak €38,567 (2008)
€21,321▲ 80.8%
€56,200▲ 1.7%
peak 1.8 FTE (2009)
-not published
Board3 names since 2022
2 directors and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Result from €32,968 to €9,525Equity from €11,796 to €21,321Cash from €170 to €1,739

Key points

from the 2025 annual accounts

Turnover

≈ €260,000 estimated

The micro format states no turnover.

Debts

€56,200 72% of the balance sheet
Suppliers 22%Taxes and wages 9%Other 68%

Filings

21 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

Eight of the last ten came late. The 2022 accounts came latest: 415 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,820 companies had the same profile as TERRANIVEAU has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.8%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,820 companies, not a prediction for TERRANIVEAU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 22-04-2024
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0874668497
Registered office moved from Blegny to Liège New registered office: rue Winston Churchill 424, 4020 Liège · Previous registered office: Rue Richelette 48 à 4670 Blégny · Resignation: (manager) · General meeting of 11-04-2024 · Gazette deed
Registered office moved within Blegny New registered office: Rue Richelette 48 à 4670 Blégny · Previous registered office: Rue des Brasseurs 9, 4670 Blégny · General meeting of 01-01-2016 · Gazette deed
First establishment Rue Winston-Churchill 424, Liège
All 30 events

Comparable companies

same main activity, similar in size and age
Company
TERRANIVEAU Liège €77,521 €36,708 27.5% -
Laurent GERON Blegny €88,287 €39,088 74.8% -
Chris Jardins Brussels €72,661 €35,847 2.4% -
K.V.G. CONSTRUCT Asse €73,515 €43,800 84.8% -
AMPI Bruges €92,303 €34,648 83.6% -
FRANCE-Valdor Hotton €69,137 €34,981 19.7% -
GHB Herentals €93,704 €36,303 44.3% -

These companies have the same main activity as TERRANIVEAU: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €69,100 and €93,700, founded between 2003 and 2008.

Official details

Source: KBO
Status
Active since 24-06-2005Normal situation
Activity
General construction of residential buildingsNACE 41001and 8 others
Establishment unit
2.147.843.9774020 Liège, since 08-07-2005
Financial year end
31 December
Peppol
Reachable since 16-01-2026
Company details

Annual accounts 2025

€77,521▲ 15.6%
Employeeson 31-12-2025
1
Filing
Filed on 30-08-2026
Financials

Insights on TERRANIVEAU

TERRANIVEAU files the micro format. That format states no turnover. The gross margin rose from €25,085 in 2006 to €36,708 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TERRANIVEAU

What is the company number of TERRANIVEAU?
The company number of TERRANIVEAU is 0874.668.497. The VAT number is the same number with BE in front: BE 0874.668.497.
Where is TERRANIVEAU based?
The registered office is at Rue Winston-Churchill 424, 4020 Liège.Company details
What does TERRANIVEAU do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of TERRANIVEAU?
TERRANIVEAU is a private limited company (BV).
When was TERRANIVEAU founded?
TERRANIVEAU was founded on 24-06-2005.
Is TERRANIVEAU still active?
Yes, TERRANIVEAU is an active enterprise in the KBO register.
How many employees does TERRANIVEAU have?
TERRANIVEAU had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TERRANIVEAU?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €36,708 and 164 comparable companies (NACE 41001). It probably lies between €140,000 and €460,000.
Is TERRANIVEAU profitable?
In financial year 2025, TERRANIVEAU made a profit of €9,525.
Where can I find the annual accounts of TERRANIVEAU?
TERRANIVEAU filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TERRANIVEAU due?
TERRANIVEAU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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