TERRATEC
ActiveTERRATEC has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+29
Solvency98▲+32
Growth32=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.09 in 2024), and 42.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
57.7%
Return on assets
6.6%
Age of the figures
8 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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
10 d early
2023
30 d early
2022
47 d early
2021
4 d late
2020
15 d early
2019
26 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 13.0%
2024 · €26k
2018: €42k
2019: €50k
2020: €111k
2021: €137k
2022: €143k
2023: €144k
2024: €26k
2018 → 2025
Total assets
€51k▼ 18.5%
2024 · €62k
2018: €392k
2019: €418k
2020: €1.28M
2021: €470k
2022: €217k
2023: €200k
2024: €62k
2018 → 2025
Net result
€3k▲ 125%
2024 · €2k
2018: €9k
2019: €9k
2020: €61k
2021: €26k
2022: €7k
2023: €1k
2024: €2k
2018 → 2025
Working capital
€23k▲ 590%
2024 · €3k
2018: €91k
2019: €69k
2020: €88k
2021: €85k
2022: €111k
2023: €107k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€137k-€143k▲ 5.0%€144k▲ 0.7%€26k▼ 82.1%€29k▲ 13.0%
Operating result€32k-€4k▼ 89.0%€2k▼ 31.2%€3k▲ 36.1%€5k▲ 44.7%
Net result€26k-€7k▼ 73.9%€1k▼ 84.1%€2k▲ 39.7%€3k▲ 125%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€6k▼ 73.4%
Current assets
€45k▲ 12.8%
Equity and liabilities €51k
Equity
€29k▲ 13.0%
Debt
€21k▼ 40.9%
The debt ratio falls from 58.3% to 42.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€12k▼
2024 · €21k
Cash flow
€11k▼
2024 · €19k
Solvency
57.7%▲
2024 · 41.7%
Current ratio
2.09▲
2024 · 1.09
Quick ratio
2.09▲
2024 · 1.09
Debt / equity
0.73▼
2024 · 1.40
ROE
11.5%▲
2024 · 5.8%
ROA
6.6%▲
2024 · 2.4%
Interest coverage
52.24▼
2024 · 82.56
Debt
€21k▼
2024 · €36k
Debt ≤ 1 year
€21k▼
2024 · €36k
Income taxes
€1k▼
2024 · €2k
Staff costs
€31k▼
2024 · €128k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€62k€51k▼
Fixed assets21/28€23k€6k▼
Tangible fixed assets22/27€22k€5k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€18k€3k▼
Financial fixed assets28€872€872=
Current assets29/58€40k€45k▲
Amounts receivable within one year40/41€36k€44k▲
Trade receivables40€0-
Other amounts receivable41€36k€44k▲
Cash at bank and in hand54/58€3k€347▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€62k€51k▼
Equity10/15€26k€29k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€6k€10k▲
Amounts payable17/49€36k€21k▼
Amounts payable within one year42/48€36k€21k▼
Trade debts44€24k€20k▼
Suppliers440/4€24k€20k▼
Taxes, remuneration and social security45€9k€1k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€7k€0▼
Other amounts payable47/48€4k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€128k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€7k▼
Other operating charges640/8€1k€716▼
Gross operating margin9900€150k€43k▼
Operating profit (loss)9901€3k€5k▲
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€250€230▼
Recurring financial charges65€250€230▼
Profit (loss) for the period before taxes9903€3k€5k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€2k€3k▲
Profit (loss) for the period to be appropriated9905€2k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€126k€10k▼
Profit (loss) brought forward from the previous period14P€125k€6k▼
Profit to be distributed694/7€120k€0▼
Return on contributions (dividend)694€120k€0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €1k ▼84.1%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €61k ▲562%
Operating result €81k, net result €61k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲121%
3 profitable years in a row build equity to €111k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 69 days late
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 73 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-06-2024
DV MANAGEMENT: Resigned as Statutaire bestuurder
26-06-2024
DE SCHEPPER UNITED nv: Appointed as Permanent representative
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Luipegem(BOR) 772880 BornemGround area
1,585 m²
Building footprint
783 m²
Volume, LiDAR
5,575 m³
Parcel 12362H0236/00L002, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TERRATEC
since 20232.352.367.091
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12362H0236/00L002 | Flanders | 1,585 m² | 1 · 783 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,739 EUR awarded · 1,739 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 123 EUR | 123 EUR |
| 2023 | 1 | 416 EUR | 416 EUR |
| 2022 | 1 | 1,200 EUR | 1,200 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 12,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
46140Agents in the wholesale of industrial machinery, ships and aircraft
46879Wholesale trade
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.