TERRAPAC

Active

Private limited company (pre-2019)founded 2017active for 9 yearsClos Albert Perikel(THI) 2, 6230 Pont-à-Celles, BelgiumKBO/BCE: BE 0682.477.944

Summary

The computed 12-month bankruptcy probability of TERRAPAC is 2.6% (moderate). The 2024 annual accounts show equity of €38,847 and a net result of -€17,108. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 1,117 sector peers (NACE 71, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

TERRAPACActiveChecked score 50/100

Risk analysis Report Compare

Activity

Urban planning and landscape architecture

NACE 71113

1 site

Size

€82,015total assets 2024

Equity: €38,847
Loss: -€17,108

Financial health

50 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 2.6%

Structure

2025 accounts not filed, 91 days past the deadline4 deeds in the Belgian Official Gazette

Why 50raises riskFigures for financial year 2024 (filed 04-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 65 days late; 3 of the last 3 lateFounded in 2017lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2024

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 20% of its sector peers (NACE 71, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 72-7

equity 47.4% of total assets

Liquidity 32-48

short-term debt 52.6% · cash 6.6%

Profitability 0=

return on assets -20.9%

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,820 companies, NACE 71, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.2 percentage points vs 08-2025 10-2025: 1.0%▲ +0.4 percentage points vs 09-2025 11-2025: 1.1%▲ +0.1 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.4 percentage points vs 07-2026 09-2026: 1.8%▲ +0.3 percentage points vs 08-2026 10-2026: 2.6%▲ +0.8 percentage points vs 09-2026highest value

Credit of up to €1,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.11, compared with 1.39 in 2023, below the usual 1.5; short-term debt: 52.6% and cash: 6.6% of total assets), and 52.6% of the assets are financed with debt and provisions.

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 71, micro): better than 45% on solvency, 13% on liquidity, 4% on profitability and 16% on growth.

The bankruptcy probability was computed on 29-10-2026 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.

lowers riskraises risk

Figures for financial year 2024 (filed 04-10-2025)

NBB · annual accounts

Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)

KBO

1 financial year not filed after the legal deadline; last filed accounts filed 65 days late; 3 of the last 3 late

NBB · filings

Founded in 2017

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year -€17,108

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.

NBB · 7 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline30-10-2026 today

2024 accounts filed 65 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-10-2025, 65 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 · 7 filings

Deviation from the deadline

2025

not filed

2024

65 days late

2023

48 days late

2022

66 days late

2021

55 days late

2020

61 days late

2019

24 days late

← before the deadline after the deadline →

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

This company filed its last 6 accounts on average 53 days after the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

04-10-2025 Annual accounts filedfinancial year 2024 · full…
17-09-2024 Annual accounts filedfinancial year 2023 · full…
31-12-2023 Weakest financial yearnet -€40,736

Key points

Risk: 2025 accounts not fileddeadline was 31-07-2026 91 days past the deadline View
Caution: Among the weakest 18% on net resultsector median €35,791 · 1,121 companies -€17,108 View
Caution: 2 loss-making years in a rowloss financial year 2024 -€17,108 View
Known shareholdersaccounts at 31-12-2024 100% View

By topic

Financials

Financial year: 2024
Total assets: €82,015
Loss: -€17,108
Solvency: 47.4%

Total assets▼ 21.0%

Net result

20182024

Go to Financials

Board & ownership

Known shareholders: 100%

Go to Board & ownership

Timeline

Events: 10
Since: 2019

05-10-2023Annual accounts filed
31-12-2022Highest result from 2018 to 2024
24-09-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Urban planning and landscape architectureNACE 71113
Founded: 03-10-2017
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about TERRAPAC

What is the company number of TERRAPAC?: 0682.477.944. In Belgium the VAT number is the company number with BE in front: BE 0682.477.944.
Where is TERRAPAC based?: The registered office is at Clos Albert Perikel(THI) 2, 6230 Pont-à-Celles.Company details
What does TERRAPAC do?: According to the KBO register, the main activity is urban planning and landscape architecture (NACE 71113).
What is the legal form of TERRAPAC?: Private limited company (pre-2019) (BVBA).
When was TERRAPAC founded?: On 03-10-2017.
Is TERRAPAC still active?: Yes, TERRAPAC is an active enterprise in the KBO register.
How many employees does TERRAPAC have?: On average 0.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of TERRAPAC?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TERRAPAC profitable?: In financial year 2024, TERRAPAC made a loss of €17,108.
Where can I find the annual accounts of TERRAPAC?: TERRAPAC filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.