Skip to content

TerraSync

Active
Private limited companyfounded 2024active for 2 yearsPastorijstraat 2, 3440 Zoutleeuw, BelgiumKBO/BCE: BE 1015.239.117
Summary

The computed 12-month bankruptcy probability of TerraSync is 3.6% (moderate). The 2024 annual accounts show equity of €12,623 and a net result of €12,573. Its solvency ranks better than 74% of 35,975 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Site preparation
NACE 43120
1 site
Size
€18,538total assets 2024
Equity
€12,623
Profit
€12,573
Turnover not published (micro format)
Financial health
51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.6%
Structure
Accounts filed 5 days late
Why 51raises riskFounded in 2024Figures for financial year 2024 (filed 05-08-2025)Size: total assets €18,5381 financial year not filed after the legal deadline; latest accounts 5 days lateShow the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 68% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 93
equity 68.1% of total assets
Liquidity 46
short-term debt 31.9% · cash 7.4%
Profitability 100
return on assets 67.8%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,581 companies, NACE 43, micro)
Last 24 months 11-2025: 1.4%lowest value 12-2025: 1.4%● unchanged vs 11-2025lowest value 01-2026: 1.5%▲ +0.1 percentage points vs 12-2025 02-2026: 1.7%▲ +0.2 percentage points vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.2 percentage points vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.1%▲ +0.1 percentage points vs 06-2026 08-2026: 2.4%▲ +0.3 percentage points vs 07-2026 09-2026: 2.5%▲ +0.1 percentage points vs 08-2026 10-2026: 3.6%▲ +1.1 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 3.13, above the usual 1.5; short-term debt: 31.9% and cash: 7.4% of total assets), and 31.9% 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 43, micro): better than 74% on solvency, 36% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 19-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
raises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 05-08-2025)
NBB · annual accounts
raises risk · Size: total assets €18,538
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 5 days late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 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 · 1 filing
Deviation from the deadline
2024
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 5 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. IncorporationAppointment: Marie HUBAUT (director) ·…

Key points

  • Caution: Among the weakest 19% on equitysector median €58,306 · 35,992 companies €12,623 View
  • Total assets 2024first financial year filed €18,538 View
  • Active since 2024founded 17-10-2024 2 years View

By topic

Financials

Financial year
2024
Total assets
€18,538
Profit
€12,573
Solvency
68.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Site preparationNACE 43120
Founded
17-10-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.