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Complete company report
Generated 15-08-2026
Active BE 0732.760.170Private limited company

TERRANOVA HOLDING

· 6 yrs active
Conclusion Checked

The KBO register records legal situation 050 for TERRANOVA HOLDING (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-11k) and a net result of €-1k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-11k
Net result €-1k
Active 6 yrs
Board 1
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health0Profitability65Solvency33Growth58Stability0
31 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 65
Solvency 33
Growth 58
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
23 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 2 historical bankruptcy publications (+20)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags1 events
Address struck
Health barometer FY 2021 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 26-07-2022 with the NBB · fiscal year 2021 · micro
€-20k€-15k€-10k€-5k€0Operating result 2020: €-16k€-16kNet result 2020: €-16k€-16kOperating result 2021: €-1k€-1kNet result 2021: €-1k€-1k20202021
Operating resultNet result
Net profit
€-1k
+91.1% 20-21
Total assets
€7k
+857.9% 20-21
Equity
€-11k
-15.1% 20-21
Working capital
€-11k
-15.1% 20-21
Debt
€18k
+77.2% 20-21
Debt ≤ 1y
€18k
+77.2% 20-21
Current ratio
0.40
+440.6% 20-21
Quick ratio
0.40
+440.6% 20-21
Show 4 other metrics
Solvency
-151.0%
+88.0% 20-21
Debt / equity
-1.66
- 20-21
ROE
13.1%
-92.3% 20-21
ROA
-19.8%
+99.1% 20-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue-
EBITDA-
Net profit€-1k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€7k
Equity€-11k
Debt€18k
of which ≤ 1y€18k
of which > 1y-
Working capital€-11k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.40
Quick ratio0.40
Working capital ratio-151.0%
Solvency-151.0%
Debt / equity-1.66
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-19.8%
ROE13.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (15 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€7k
Current assets 29/58€7k
Amounts receivable within one year 40/41€4k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7k
Equity 10/15€-11k
Contributions / capital 10/11€6k
Accumulated profits (losses) 14€-17k
Amounts payable 17/49€18k
Amounts payable within one year 42/48€18k
Income statement
Gross operating margin 9900€-658
Operating result 9901€-1k
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • LINDEN AUBRY
    Director
    State Gazette act 25047004 (10-04-2025)
    Current
    27-12-2024 → present
Former directors (2)
  • ACHAK Yassine
    Director
    State Gazette act 22061277 (20-05-2022)
    Former
    12-05-2022 → 27-12-2024
    2 events
    • 27-12-2024 Resigned· Director
    • 12-05-2022 Appointed· Director
  • Silvio TERRANOVA
    Director
    State Gazette act 22061277 (20-05-2022)
    Former
    - → 01-04-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator HUGUES DE SCHAETZEN VAN BRIENEN
AVENUE LOUISE 349, 1050 IXELLES
 15-09-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation22-08-2019
StatusActive
Postal code-
First BS signal 19-09-2025
Latest BS signal 22-07-2026
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21522B0623/00L000 Brussels 2,442 m² 1 · 406 m² 19.8 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
22-07-2026
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL TERRANOVA HOLDING RUE DE LA COLONNE 1A, 1080 MOLENBEEK-SAINT- JEAN. déclarée le 15 septembre 2025 · event 03-07-2026
2025
19-09-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL TERRANOVA HOLDING RUE DE LA COLONNE 1A, 1080 MOLENBEEK-SAINT-JEAN · event 15-09-2025
25-07-2025
KBO administration Address struck
10-04-2025
State Gazette act Capital & shares
2022
26-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
20-05-2022
State Gazette act Capital & shares
2021
15-11-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
Lifecycle & Insolvency Signals3 events
22-07-2026
Bankruptcy Bankruptcy closure (insufficient assets)
Date: 03-07-2026 · Tribunal de l’entreprise francophone de Bruxelles · SRL TERRANOVA HOLDING RUE DE LA COLONNE 1A, 1080 MOLENBEEK-SAINT- JEAN. déclarée le 15 septembre 2025 · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 2 further earlier events in this file, covering 25-07-2025 to 03-07-2026.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-07-25 · KBO administration · Address struck2025-09-19 · Bankruptcy · Opening2026-07-22 · Bankruptcy · Bankruptcy closure (insufficient assets)
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 8 acts read

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
Capital history · 2
10-04-2025
Capital change
20-05-2022
Capital change
All acts · 2 updated 1 year ago
2025
10-04-2025 Transaction in capital or shares Capital & shares
Technical details 
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2025-04-03",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-12-27"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0732.760.170",
    "name_full": "TERRANOVA HOLDING",
    "legal_form": "SRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 0.0,
      "kind": "person",
      "name": "ACHAK YASSINE",
      "role": null,
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "LINDEN AUBRY",
      "role": null,
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
2022
20-05-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
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    {
      "kind": "share_transfer",
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      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
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          "rrn": null,
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          "name": "ACHAK Yassine",
          "share_class": "sociale aandelen",
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10000,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
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  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-05-20",
    "filing_date": "2022-05-12",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2022-04-01",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0732.760.170",
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    "legal_form": "BV",
    "_kbo_filled_from_list": true,
    "is_foreign_registered": false
  },
  "publication_proxy": {
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    "org_name": null,
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    "org_rep_person_name": null,
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "ACHAK Yassine",
      "role": "aandeelhouder",
      "n_shares": 10000,
      "share_class": "sociale aandelen"
    }
  ],
  "share_classes_after": [
    {
      "n_shares": 10000,
      "class_name": "sociale aandelen",
      "capital_share_eur": null,
      "voting_rights_per_share": null
    }
  ]
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR TERRANOVA HOLDING
Registration history
  1. 25-07-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative