TerraSaeva
ActiveSummary
TerraSaeva has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €270k and a net result of €87k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 9.68 against 8.69 in 2024; short-term debt: 8.6% and cash: 34.6% of total assets), and 9.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.5%
Return on assets
29.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
51 d early
2024
41 d early
2023
48 d early
2022
56 d early
2021
51 d early
2020
40 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€270k▲ 25.7%
2024 · €215k
2018: €70k
2019: €74k▲ +6.0% vs 2018
2020: €80k▲ +8.0% vs 2019
2021: €51k▼ -36.9% vs 2020lowest in 8 years
2022: €85k▲ +68.4% vs 2021
2023: €166k▲ +95.3% vs 2022
2024: €215k▲ +29.6% vs 2023
2025: €270k▲ +25.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€299k▲ 25.2%
2024 · €238k
2018: €100k
2019: €97k▼ -3.1% vs 2018
2020: €97k▼ -0.2% vs 2019lowest in 8 years
2021: €100k▲ +3.9% vs 2020
2022: €109k▲ +9.2% vs 2021
2023: €209k▲ +90.8% vs 2022
2024: €238k▲ +14.2% vs 2023
2025: €299k▲ +25.2% vs 2024highest in 8 years
2018 → 2025
Net result
€87k▲ 12.4%
2024 · €78k
2018: €22k
2019: €4k▼ -80.9% vs 2018lowest in 8 years
2020: €12k▲ +178% vs 2019
2021: €18k▲ +57.4% vs 2020
2022: €35k▲ +87.6% vs 2021
2023: €110k▲ +217% vs 2022highest in 8 years
2024: €78k▼ -29.2% vs 2023
2025: €87k▲ +12.4% vs 2024
2018 → 2025
Working capital
€224k▲ 33.8%
2024 · €168k
2018: €68k
2019: €74k▲ +7.9% vs 2018
2020: €79k▲ +7.0% vs 2019
2021: €48k▼ -38.5% vs 2020lowest in 8 years
2022: €78k▲ +60.0% vs 2021
2023: €156k▲ +101% vs 2022
2024: €168k▲ +7.4% vs 2023
2025: €224k▲ +33.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€51k-€85k▲ 68.4%€166k▲ 95.3%€215k▲ 29.6%€270k▲ 25.7%
2021: €51klowest in 5 years
2022: €85k▲ +68.4% vs 2021
2023: €166k▲ +95.3% vs 2022
2024: €215k▲ +29.6% vs 2023
2025: €270k▲ +25.7% vs 2024highest in 5 years
Operating result€27k-€50k▲ 81.8%€153k▲ 206%€99k▼ 35.3%€112k▲ 13.0%
2021: €27klowest in 5 years
2022: €50k▲ +81.8% vs 2021
2023: €153k▲ +206% vs 2022highest in 5 years
2024: €99k▼ -35.3% vs 2023
2025: €112k▲ +13.0% vs 2024
Net result€18k-€35k▲ 87.6%€110k▲ 217%€78k▼ 29.2%€87k▲ 12.4%
2021: €18klowest in 5 years
2022: €35k▲ +87.6% vs 2021
2023: €110k▲ +217% vs 2022highest in 5 years
2024: €78k▼ -29.2% vs 2023
2025: €87k▲ +12.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €299k
Fixed assets
€49k ▼ 1.2%
Current assets
€250k ▲ 32.0%
Equity and liabilities €299k
Equity
€270k ▲ 25.7%
Debt
€28k ▲ 20.8%
Debt's share of the balance-sheet total falls from 9.8% to 9.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€115k▲
2024 · €102k
Cash flow
€90k▲
2024 · €80k
Current ratio
9.68▲
2024 · 8.69
Debt to equity
0.10▼
2024 · 0.11
ROE
32.3%▼
2024 · 36.0%
ROA
29.2%▼
2024 · 32.5%
Interest coverage
63.07▼
2024 · 88.58
Debt ≤ 1 year
€26k▲
2024 · €22k
Income taxes
€23k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€238k€299k▲
Fixed assets21/28€49k€49k▼
Tangible fixed assets22/27€10k€10k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€8k€8k▲
Financial fixed assets28€39k€39k=
Current assets29/58€189k€250k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€36k€38k▲
Trade receivables40€35k€37k▲
Other amounts receivable41€1k€969▼
Current investments50/53-€100k
Cash at bank and in hand54/58€151k€103k▼
Deferred charges and accrued income490/1€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€238k€299k▲
Equity10/15€215k€270k▲
Contributions10/11€19k€19k=
Reserves13€197k€252k▲
Distributable reserves133€197k€252k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€23k€28k▲
Amounts payable within one year42/48€22k€26k▲
Financial debts43€1k€380▼
Credit institutions430/8€1k€380▼
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€11k€10k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€1k€848▼
Gross operating margin9900€103k€116k▲
Operating profit (loss)9901€99k€112k▲
Financial income75/76B€2k€5▼
Recurring financial income75€2k€5▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€100k€110k▲
Income taxes67/77€22k€23k▲
Profit (loss) for the period9904€78k€87k▲
Profit (loss) for the period to be appropriated9905€78k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€87k▲
Transfer from equity791/2-€31k
Transfer to equity691/2€49k€86k▲
To other reserves6921€49k€86k▲
Profit to be distributed694/7€28k€32k▲
Return on contributions (dividend)694€27k€31k▲
Directors or managers695€1k€1k=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €496 | €1k | €2k | €3k | €3k | ▲ 9.7% |
| Other operating charges640/8 | €1k | €1k | €695 | €1k | €848 | ▼ 31.3% |
| Gross operating margin9900 | €29k | €52k | €156k | €103k | €116k | ▲ 12.4% |
| Operating profit (loss)9901 | €27k | €50k | €153k | €99k | €112k | ▲ 13.0% |
| Financial income75/76B | €0 | €75 | €50 | €2k | €5 | ▼ 99.7% |
| Recurring financial income75 | €0 | €75 | €50 | €2k | €5 | ▼ 99.7% |
| Financial charges65/66B | €241 | €366 | €464 | €1k | €2k | ▲ 58.6% |
| Recurring financial charges65 | €241 | €366 | €464 | €1k | €2k | ▲ 58.6% |
| Profit (loss) for the period before taxes9903 | €27k | €50k | €153k | €100k | €110k | ▲ 10.4% |
| Income taxes67/77 | €9k | €15k | €43k | €22k | €23k | ▲ 3.2% |
| Profit (loss) for the period9904 | €18k | €35k | €110k | €78k | €87k | ▲ 12.4% |
| Profit (loss) for the period to be appropriated9905 | €18k | €35k | €110k | €78k | €87k | ▲ 12.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100k | €109k | €209k | €238k | €299k | ▲ 25.2% |
| Fixed assets21/28 | €2k | €8k | €11k | €49k | €49k | ▼ 1.2% |
| Tangible fixed assets22/27 | €2k | €8k | €11k | €10k | €10k | ▼ 5.8% |
| Plant, machinery and equipment23 | €824 | €335 | €3k | €2k | €2k | ▼ 27.0% |
| Furniture and vehicles24 | €1k | €8k | €8k | €8k | €8k | ▲ 0.3% |
| Financial fixed assets28 | - | - | - | €39k | €39k | = |
| Current assets29/58 | €98k | €102k | €198k | €189k | €250k | ▲ 32.0% |
| Amounts receivable after more than one year29 | - | - | €37k | €0 | - | - |
| Other amounts receivable291 | - | - | €37k | €0 | - | - |
| Amounts receivable within one year40/41 | €13k | €17k | €61k | €36k | €38k | ▲ 5.7% |
| Trade receivables40 | €12k | €15k | €60k | €35k | €37k | ▲ 6.9% |
| Other amounts receivable41 | €1k | €2k | €1k | €1k | €969 | ▼ 25.5% |
| Current investments50/53 | - | - | - | - | €100k | - |
| Cash at bank and in hand54/58 | €83k | €83k | €98k | €151k | €103k | ▼ 31.7% |
| Deferred charges and accrued income490/1 | €1k | €2k | €2k | €2k | €8k | ▲ 369% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100k | €109k | €209k | €238k | €299k | ▲ 25.2% |
| Equity10/15 | €51k | €85k | €166k | €215k | €270k | ▲ 25.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €32k | €66k | €147k | €197k | €252k | ▲ 28.1% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €30k | €65k | €147k | €197k | €252k | ▲ 28.1% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €50k | €24k | €43k | €23k | €28k | ▲ 20.8% |
| Amounts payable within one year42/48 | €50k | €24k | €42k | €22k | €26k | ▲ 18.6% |
| Financial debts43 | - | - | €1k | €1k | €380 | ▼ 67.0% |
| Credit institutions430/8 | - | - | €1k | €1k | €380 | ▼ 67.0% |
| Trade debts44 | €2k | €5k | €6k | €2k | €6k | ▲ 159% |
| Suppliers440/4 | €2k | €5k | €6k | €2k | €6k | ▲ 159% |
| Taxes, remuneration and social security45 | €18k | €11k | €25k | €7k | €9k | ▲ 28.4% |
| Taxes450/3 | €18k | €11k | €25k | €7k | €9k | ▲ 28.4% |
| Other amounts payable47/48 | €29k | €8k | €9k | €11k | €10k | ▼ 11.3% |
| Accrued charges and deferred income492/3 | €203 | €484 | €785 | €2k | €2k | ▲ 51.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €35k | €110k | €78k | €87k | ▲ 12.4% |
| + Depreciation and write-downs630 | €496 | €1k | €2k | €3k | €3k | ▲ 9.7% |
| Operating cash flow (approximation) | €19k | €36k | €112k | €80k | €90k | ▲ 12.3% |
| Investment in fixed assets (approximation) | - | €-7k | €-5k | €-41k | €-2k | ▲ 94.3% |
| Change in cash | - | €-749 | €16k | €53k | €-48k | ▼ 190% |
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
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €215k ▲29.6%
7 profitable years in a row build equity to €215k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €110k ▲217%
Operating result €153k, net result €110k, both a record.
31-12
Financial
Equity above €150kEq €166k ▲95.3%
6 profitable years in a row build equity to €166k.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 4.24
Current ratio from 1.98 to 4.24; short-term debt falls from €50k to €24k.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €4k ▼80.9%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2016
Ground area
460 m²
Building footprint
111 m²
Volume, LiDAR
651 m³
Parcel 11602E0104/00R000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TerraSaeva
since 20162.249.913.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0104/00R000 | Flanders | 460 m² | 1 · 111 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
73300Public relations and communication consultancy
82100Office administrative and support services
Contact
E-mail
kenny.willems@skynet.be
Phone
0496 57 48 13
Scores and ratios are computed by Checked and are not a credit decision.