Turnover
≈ €180,000 estimated
The micro format states no turnover.
Terratec
Lifetime
2 annual accounts with figures on one time axispeak €31,272 (2024)
€18,993▼ 39.3%
peak €14,037 (2024)
€2,804▼ 80.0%
peak €19,841 (2025)
€19,841▲ 16.5%
€90,819▼ 3.4%
Board1 name since 2023
1 director
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €31,272 to €18,993Result from €14,037 to €2,804Equity from €17,037 to €19,841Cash from €36,285 to €11,897
Key points
from the 2025 annual accountsDebts
€90,819 82% of the balance sheet
Financial debts 21%Suppliers 48%Taxes and wages 4%Other 28%
Of this, €64,790 falls due within a year.
Starting capital
€3,000 100 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,545 companies had the same profile as Terratec has now. Each dot stands for 7 companies, two years later.
94.9%
were still trading
1.3%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,545 companies, not a prediction for Terratec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
- 33 sharesdeed of 30-10-2023
- 33 sharesdeed of 30-10-2023
- 34 sharesdeed of 30-10-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1001677131
Incorporation
Founding capital of €3,000, 100 shares · Founders: , and · Appointment: (director) · published on 30-10-2023 · Gazette deed
First establishment
Ketegemstraat 11, Herzele
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Terratec Herzele | €110,660 | €18,993 | 17.9% | - |
| Deschamps Fabrice Aalter | €105,782 | €19,637 | 50.0% | - |
| Tom Smet Waasmunster | €119,025 | €24,414 | 29.9% | - |
| CEYHUN ELECTRICS Lievegem | €84,637 | €16,379 | 34.5% | - |
| Jm-Tech Lokeren | €85,089 | €15,629 | 49.6% | - |
| DMS-Company Dendermonde | €78,934 | €14,656 | 14.2% | - |
| B&S Zele | €110,128 | €17,219 | 33.6% | - |
These companies have the same main activity as Terratec: site preparation (NACE 43120). They are comparable in size and age: total assets between €78,900 and €119,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 26-10-2023Normal situation
- Activity
- Site preparationNACE 43120and 5 others
- Establishment unit
- 2.352.845.9559552 Herzele, since 26-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €110,660▼ 0.4%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on Terratec
The 2025 annual accounts show equity of €19,841 and a net result of €2,804. Its solvency ranks better than 20% of 37,240 sector peers (NACE 43, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Terratec
- What is the company number of Terratec?
- The company number of Terratec is 1001.677.131. The VAT number is the same number with BE in front: BE 1001.677.131.
- Where is Terratec based?
- The registered office is at Ketegemstraat 11, 9552 Herzele.Company details
- What does Terratec do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of Terratec?
- Terratec is a private limited company (BV).
- When was Terratec founded?
- Terratec was founded on 26-10-2023.
- Is Terratec still active?
- Yes, Terratec is an active enterprise in the KBO register.
- What is the turnover of Terratec?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €18,993 and 32 comparable companies (NACE 43120). It probably lies between €76,000 and €250,000. It is a rough estimate.Financials
- Is Terratec profitable?
- In financial year 2025, Terratec made a profit of €2,804.
- Where can I find the annual accounts of Terratec?
- Terratec filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Terratec due?
- Terratec must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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