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TERRAPOLIS

Active
Private limited companyfounded 20178 years activeLouis De Baerdemaekerstraat(HIN) 89, 2880 Bornem, BelgiumKBO/BCE: BE 0684.969.854
Summary

The computed 12-month bankruptcy probability of TERRAPOLIS is 8.3% (elevated). The 2024 annual accounts show equity of €18,012 and a net result of -€525. Equity is shrinking by ~4.3% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€18,012total assets 2024
Equity
€18,012
Loss
-€525
Turnover not published (abridged schema)
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.3%
Structure
Accounts 68 days overdue0 of 2 deeds read
Why 33- 1 financial year not filed after the legal deadline; latest accounts 330 days late; 1 of the last 3 late- Figures for FY 2024 (filed 26-06-2026)- No main activity registered+ Size: total assets €18,012Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 36% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Average
Solvency 100=
equity 100.0% of total assets
Liquidity 4-49
cash 1.7%
Profitability 30+29
return on assets -2.9%
Bankruptcy probability, 12 months
8.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024lowest value 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.8%▲ +0.2 percentage points vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025 05-2025: 2.0%▲ +0.1 percentage points vs 04-2025 06-2025: 1.9%▼ -0.1 percentage points vs 05-2025 07-2025: 2.0%▲ +0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.7 percentage points vs 07-2025 09-2025: 3.1%▲ +0.4 percentage points vs 08-2025 10-2025: 5.1%▲ +2.0 percentage points vs 09-2025 11-2025: 5.2%▲ +0.1 percentage points vs 10-2025 12-2025: 5.3%▲ +0.1 percentage points vs 11-2025 01-2026: 6.8%▲ +1.5 percentage points vs 12-2025 02-2026: 6.8%● unchanged vs 01-2026 03-2026: 6.9%▲ +0.1 percentage points vs 02-2026 04-2026: 6.5%▼ -0.4 percentage points vs 03-2026 05-2026: 6.5%● unchanged vs 04-2026 06-2026: 6.4%▼ -0.1 percentage points vs 05-2026 07-2026: 3.8%▼ -2.6 percentage points vs 06-2026 08-2026: 4.6%▲ +0.8 percentage points vs 07-2026 09-2026: 5.2%▲ +0.6 percentage points vs 08-2026 10-2026: 8.3%▲ +3.1 percentage points vs 09-2026highest value
Credit up to €500 at 30 days only on tighter terms
cash: 1.7% of total assets, and 0% of the assets are financed with debt.
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 (no NACE code, micro): better than 81% on solvency, 7% on liquidity, 21% on profitability and 35% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Five signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 330 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 26-06-2026)
NBB · annual accounts
lowers risk · Size: total assets €18,012
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2026, 330 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
330 days late
2023
37 days early
2022
7 days late
2021
16 days late
2020
27 days late
2019
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 58 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: 5 loss-making years in a rowloss fiscal year 2024 -€525 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Total assets 20246 fiscal years filed €18,012 View

By topic

Financials

Fiscal year
2024
Total assets
€18,012
Loss
-€525
Solvency
100.0%
Total assets▼ 4.4%
Net result
20182024
Go to Financials

Timeline

Events
9
Since
2019
  1. 16-08-2022Annual accounts filed
  2. 31-12-2021Liquidity times 29
  3. 27-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
24-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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