TERRAQUIST
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
57 d early
2024
50 d early
2023
35 d early
2022
2 d early
2021
2 d late
2020
3 d late
2019
294 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 22 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)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.6m▲ 99.7%
2024 · €819,052
Total assets
€8.2m▲ 11.0%
2024 · €7.4m
Net result
€816,642▲ 1,813%
2024 · €42,698
Working capital
-€5.5m▲ 15.7%
2024 · -€6.5m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242024
Operating result-€1,292▲ 8.6%-€217▲ 83.2%-€3,137▼ 1,346%€43,190-€242-
Net result-€1,388▲ 5.3%-€350▲ 74.8%-€3,522▼ 906%€42,698€816,642-
Equity€780,226▼ 0.2%€779,876=€776,354▼ 0.5%€819,052▲ 5.5%€1.6m-
Total assets€7.4m=€7.4m=€7.4m=€7.4m▲ 0.1%€8.2m-
Debt€6.6m=€6.6m=€6.6m▲ 0.1%€6.6m▼ 0.5%€6.5m-
Working capital-€6.6m=-€6.6m=-€6.6m=-€6.5m▲ 0.6%-€5.5m-
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2024 as the grey bar beneath
Assets €8.2m
Fixed assets
€7.2m ▼ 2.9%
Current assets
€1.0m ▲ 8,824%
Equity and liabilities €8.2m
Equity
€1.6m ▲ 99.7%
Debt
€6.5m ▼ 0.1%
Debt's share of the balance-sheet total falls from 88.9% to 80.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.16▲
2024 · 0.00
Debt to equity
4.00▼
2024 · 8.00
ROE
49.9%▲
2024 · 5.2%
ROA
10.0%▲
2024 · 0.6%
Debt ≤ 1 year
€6.5m▼
2024 · €6.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €1,588 | €966 | €242 | - |
| Non-recurring operating charges66A | €360 | - | - | - | - | - |
| Gross operating margin9900 | -€932 | -€217 | -€1,549 | €44,156 | €0 | - |
| Operating profit (loss)9901 | -€1,292 | -€217 | -€3,137 | €43,190 | -€242 | - |
| Financial income75/76B | - | - | - | - | €817,010 | - |
| Recurring financial income75 | - | - | - | - | €817,010 | - |
| Non-recurring financial income76B | - | - | - | - | €817,010 | - |
| Financial charges65/66B | €97 | €133 | €384 | €492 | €126 | - |
| Recurring financial charges65 | €97 | €133 | €384 | €492 | €126 | - |
| Profit (loss) for the period before taxes9903 | -€1,388 | -€350 | -€3,522 | €42,698 | €816,642 | - |
| Profit (loss) for the period9904 | -€1,388 | -€350 | -€3,522 | €42,698 | €816,642 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,388 | -€350 | -€3,522 | €42,698 | €816,642 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.4m | €7.4m | €7.4m | €7.4m | €8.2m | - |
| Fixed assets21/28 | €7.4m | €7.4m | €7.4m | €7.4m | €7.2m | - |
| Financial fixed assets28 | €7.4m | €7.4m | €7.4m | €7.4m | €7.2m | - |
| Current assets29/58 | €377 | €326 | €2,002 | €11,559 | €1.0m | - |
| Amounts receivable within one year40/41 | - | - | €1,210 | €0 | €1.0m | - |
| Trade receivables40 | - | - | €1,210 | €0 | - | - |
| Other amounts receivable41 | - | - | - | - | €1.0m | - |
| Cash at bank and in hand54/58 | €160 | €326 | €792 | €11,559 | €2,550 | - |
| Deferred charges and accrued income490/1 | €217 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.4m | €7.4m | €7.4m | €7.4m | €8.2m | - |
| Equity10/15 | €780,226 | €779,876 | €776,354 | €819,052 | €1.6m | - |
| Contributions10/11 | €700,000 | €700,000 | €700,000 | €700,000 | €700,000 | - |
| Capital10 | €700,000 | €700,000 | €700,000 | €700,000 | €700,000 | - |
| Issued capital100 | €700,000 | €700,000 | €700,000 | €700,000 | €700,000 | - |
| Reserves13 | €21,000 | €21,000 | €21,000 | €21,000 | €21,000 | - |
| Non-distributable reserves130/1 | €21,000 | €21,000 | €21,000 | €21,000 | €21,000 | - |
| Legal reserve130 | €21,000 | €21,000 | €21,000 | €21,000 | €21,000 | - |
| Profit (loss) carried forward14 | €59,226 | €58,876 | €55,354 | €98,052 | €914,694 | - |
| Amounts payable17/49 | €6.6m | €6.6m | €6.6m | €6.6m | €6.5m | - |
| Amounts payable within one year42/48 | €6.6m | €6.6m | €6.6m | €6.6m | €6.5m | - |
| Trade debts44 | €1,292 | - | €2,477 | €0 | €968 | - |
| Suppliers440/4 | €1,292 | - | €2,477 | €0 | €968 | - |
| Taxes, remuneration and social security45 | - | - | - | €8,831 | €0 | - |
| Taxes450/3 | - | - | - | €8,831 | €0 | - |
| Other amounts payable47/48 | €6.6m | €6.6m | €6.6m | €6.5m | €6.5m | - |
| Accrued charges and deferred income492/3 | €9 | - | €720 | €726 | €0 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,388 | -€350 | -€3,522 | €42,698 | €816,642 | - |
| Operating cash flow (approximation) | -€1,388 | -€350 | -€3,522 | €42,698 | €816,642 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €166 | €466 | €10,767 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €816,642 ▲1,813%
Net result €816,642, the highest in the series.
31-12
Financial
Equity above €1mEq €1.6m ▲99.7%
2 profitable years in a row build equity to €1.6m.
30-09
Financial
Back to profitnet €42,698
Net result €42,698 after 6 loss-making years.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 294 days late
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
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.
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Structure & network
Owners and holdings
2 holdings · 4 subsidiaries in the treeOwners 0
The accounts to 30-09-2024 list no shareholders, and no other source names one.
Holdings 2
-
60.49%
-
60.49%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
According to the annual accounts to 30-09-2024 of TERRAQUIST and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.