TERRATECH
ActiveTERRATECH has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €24k. Equity is shrinking by ~16% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 9% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency3▼-30
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.38 in 2024), and 96.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
3.9%
Return on assets
24%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7687 sector peers (2025).
NBB · sector comparisonPosition among 7687 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
27 d late
2023
21 d early
2022
28 d early
2021
31 d late
2020
31 d late
2019
69 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▲ 98.9%
2024 · €12k
2018: €-5k
2019: €-5k
2020: €-2k
2021: €-6k
2022: €-4k
2023: €-5k
2024: €12k
2018 → 2025
Working capital
€-53k▲ 36.3%
2024 · €-83k
2018: €-9k
2019: €-14k
2020: €-17k
2021: €-23k
2022: €-27k
2023: €-32k
2024: €-83k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-22k-€-26k▼ 18.4%€-32k▼ 19.3%€-20k▲ 37.5%€4k
Operating result€-6k-€-4k▲ 29.3%€-5k▼ 23.8%€12k€24k▲ 98.8%
Net result€-6k-€-4k▲ 33.0%€-5k▼ 24.1%€12k€24k▲ 98.9%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 99% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€56k▼ 10.3%
Current assets
€42k▼ 18.1%
Equity and liabilities €98k
Equity
€4k
Debt
€94k
Debt finances 96.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€30k▲
2024 · €14k
Cash flow
€30k▲
2024 · €13k
Solvency
3.9%▲
2024 · -17.3%
Current ratio
0.44▲
2024 · 0.38
Quick ratio
0.44▲
2024 · 0.38
Debt / equity
24.65▲
2024 · -6.77
ROE
615.6%▲
2024 · -60.0%
ROA
24.0%▲
2024 · 10.4%
Interest coverage
446.84▲
2024 · 352.56
Debt
€94k▼
2024 · €133k
Debt ≤ 1 year
€94k▼
2024 · €133k
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€114k€98k▼
Fixed assets21/28€63k€56k▼
Tangible fixed assets22/27€63k€56k▼
Furniture and vehicles24€63k€56k▼
Current assets29/58€51k€42k▼
Amounts receivable within one year40/41€40k€38k▼
Trade receivables40€19k€32k▲
Other amounts receivable41€21k€6k▼
Cash at bank and in hand54/58€11k€3k▼
Deferred charges and accrued income490/1€155€156▲
Equity and liabilities
Total equity and liabilities10/49€114k€98k▼
Equity10/15€-20k€4k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-39k€-16k▲
Amounts payable17/49€133k€94k▼
Amounts payable within one year42/48€133k€94k▼
Trade debts44€8k€44k▲
Suppliers440/4€8k€44k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€126k€51k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Other operating charges640/8€487€400▼
Gross operating margin9900€14k€30k▲
Operating profit (loss)9901€12k€24k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€38€67▲
Recurring financial charges65€38€67▲
Profit (loss) for the period before taxes9903€12k€24k▲
Profit (loss) for the period9904€12k€24k▲
Profit (loss) for the period to be appropriated9905€12k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-16k▲
Profit (loss) brought forward from the previous period14P€-51k€-39k▲
The notes to these accounts (5 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €24k ▲98.9%
Operating result €24k, net result €24k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 6 loss-making years.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Enghien · 1 establishment unit since 2007
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.
Wachthuisdreef(P.E.) 1327850 EnghienGround area
3,485 m²
Building footprint
207 m²
Volume, LiDAR
1,395 m³
Parcel 55033A0339/00M005, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TERRATECH
since 20072.160.774.869
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55033A0339/00M005 | Wallonia | 3,485 m² | 1 · 207 m² | 9.5 m · 2 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.
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Of 8,397 companies in sector 43120 we hold annual accounts for 3,204. 801 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2007
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.