Terranovis

Active

Private limited companyfounded 1995active for 31 yearsPatersstraat 100, 2300 Turnhout, Belgium128 active companies are registered at this addressKBO/BCE: BE 0455.925.140

Summary

The computed 12-month bankruptcy probability of Terranovis is 12.1% (high). The 2025 annual accounts show negative equity (-€213,091) and a net result of -€427,078. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 11,207 sector peers (NACE 68, financial year 2025). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Risk analysisFollow Report Compare

TerranovisActiveChecked score 27/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased residential real estate, excluding social housing

NACE 68201

1 site

Size

€412,435total assets 2025

Staff: 1 FTE
Equity: -€213,091
Loss: -€427,078

Turnover not published (abbreviated or micro format)

Financial health

27 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 12.1%

Structure

Largest shareholder: Pendium · 40%

Prinsen Kevin Maria JosephusDirector
85 InvestmentsDirector
International & Domestic Housing SolutionsDirector

2025 accounts filed 63 days late4 of 6 deeds summarised

Why 27raises riskLoss of €427,078 (financial year 2025)Negative equity -€213,091Last filed accounts filed 63 days late; 3 of the last 3 lateEx-officio strike-off in the KBOShow the evidence

Checked score

Score 2025

27 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 7% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0-55

equity -51.7% of total assets

Liquidity 23-8

short-term debt 56.5% · cash 1.3%

Profitability 0-89

return on assets -103.6%

Bankruptcy probability, 12 months

12.1% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,621 companies, NACE 68, micro)

Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024lowest value 02-2025: 4.1%▲ +3.2 percentage points vs 01-2025 03-2025: 4.0%▼ -0.1 percentage points vs 02-2025 04-2025: 3.8%▼ -0.2 percentage points vs 03-2025 05-2025: 4.0%▲ +0.2 percentage points vs 04-2025 06-2025: 3.8%▼ -0.2 percentage points vs 05-2025 07-2025: 4.4%▲ +0.6 percentage points vs 06-2025 08-2025: 5.2%▲ +0.8 percentage points vs 07-2025 09-2025: 6.0%▲ +0.8 percentage points vs 08-2025 10-2025: 7.9%▲ +1.9 percentage points vs 09-2025 11-2025: 8.2%▲ +0.3 percentage points vs 10-2025 12-2025: 8.2%● unchanged vs 11-2025 01-2026: 8.1%▼ -0.1 percentage points vs 12-2025 02-2026: 8.1%● unchanged vs 01-2026 03-2026: 8.0%▼ -0.1 percentage points vs 02-2026 04-2026: 7.8%▼ -0.2 percentage points vs 03-2026 05-2026: 7.5%▼ -0.3 percentage points vs 04-2026 06-2026: 7.4%▼ -0.1 percentage points vs 05-2026 07-2026: 7.7%▲ +0.3 percentage points vs 06-2026 08-2026: 9.2%▲ +1.5 percentage points vs 07-2026 09-2026: 9.8%▲ +0.6 percentage points vs 08-2026 10-2026: 12.1%▲ +2.3 percentage points vs 09-2026highest value

No credit on open account

Liquidity ample (current ratio 1.69, compared with 1.66 in 2024, above the usual 1.5; short-term debt: 56.5% and cash: 1.3% of total assets), but equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 5% on solvency, 18% on liquidity, 4% on profitability and 3% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

raises risk

Loss of €427,078 (financial year 2025)

NBB · annual accounts

Negative equity -€213,091

NBB · annual accounts

Last filed accounts filed 63 days late; 3 of the last 3 late

NBB · filings

Ex-officio strike-off in the KBO

KBO publications

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€213,091

2025 accounts filed 63 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-10-2026, 63 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

63 days late

2024

69 days late

2023

40 days late

2022

70 days late

2021

30 days late

2020

52 days late

2019

74 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 57 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Administrative warnings in the KBO publications

2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

Address struckAddress strikeout annulled

Searched, nothing found (1)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 October (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

02-10-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Weakest financial yearnet -€427,078
08-10-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€213,091 View
Caution: From profit to loss in 2025after €113,064 in 2024 -€427,078 View
Caution: Among the weakest 5% on solvencysector median 30.8% · 11,207 companies -51.7% View
Caution: Latest accounts filed lateafter the legal deadline 63 days View

By topic

Financials

Financial year: 2025
Total assets: €412,435
Loss: -€427,078
Solvency: -51.7%

Total assets▼ 42.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Largest shareholder: Pendium · 40%

Prinsen Kevin Maria JosephusDirector
85 InvestmentsDirector
International & Domestic Housing SolutionsDirector

Go to Board & ownership

Timeline

Events: 41
Since: 1997
Next accounts: by 31-07-2027

29-01-2025Registered office
31-12-2024Equity above €200,000
13-11-2024Resignation: Kevin Prinsen (statutory director)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Renting and operating of own or leased residential…NACE 68201
Founded: 07-09-1995
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 10

Annual meeting: Second Tuesday of June at 20:00
Purpose: “Het beheer van een onroerend of roerend vermogen en de huurfinanciering van roerende en…” (deed in Dutch)

Go to Articles of association

Key facts about Terranovis

What is the company number of Terranovis?: 0455.925.140. In Belgium the VAT number is the company number with BE in front: BE 0455.925.140.
Where is Terranovis based?: The registered office is at Patersstraat 100, 2300 Turnhout.Company details
What does Terranovis do?: According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of Terranovis?: Private limited company (BV).
When was Terranovis founded?: On 07-09-1995.
Is Terranovis still active?: Yes, Terranovis is an active enterprise in the KBO register.
How many employees does Terranovis have?: On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Terranovis?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Terranovis profitable?: In financial year 2025, Terranovis made a loss of €427,078.
Where can I find the annual accounts of Terranovis?: Terranovis filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Terranovis due?: By 31-07-2027, for financial year 2026.Timeline