TERRAVENTURAS
Open bankruptcyA bankruptcy procedure is open for TERRAVENTURAS according to publications in the Belgian State Gazette; curator: ISABELLE BERREWAERTS.
Summary
The 2021 annual accounts show equity of €10,775 and a net result of €6,047.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Liège division
- Declared bankrupt
- 4 July 2025
- Supervising judge
- Jean-Marc Wouters
- Official Gazette
- 10-07-2025 (pdf) ↗search the document for 2025/130771
Curator
- Isabelle BerrewaertsPlace Puissant 13, 4171 Poulseuri.berrewaerts@dbavocats.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
80 d late
2019
278 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 130 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€10,775▲ 128%
2020 · €4,728
Total assets
€13,192▲ 82.8%
2020 · €7,217
Net result
€6,047▲ 14.7%
2020 · €5,274
Working capital
€11,380▲ 113%
2020 · €5,333
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€17,037-€12,952€7,313▼ 43.5%€6,047▼ 17.3%
Net result-€21,210-€12,158€5,274▼ 56.6%€6,047▲ 14.7%
Equity-€12,704--€546▲ 95.7%€4,728€10,775▲ 128%
Total assets€15,639-€575▼ 96.3%€7,217▲ 1,155%€13,192▲ 82.8%
Debt€28,343-€1,121▼ 96.0%€2,489▲ 122%€2,417▼ 2.9%
Working capital-€12,793--€546▲ 95.7%€5,333€11,380▲ 113%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 17% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €13,192
Equity
€10,775 ▲ 128%
Debt
€2,417 ▼ 2.9%
Debt's share of the balance-sheet total falls from 34.5% to 18.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
7.28▲
2020 · 3.83
Debt to equity
0.22
ROE
56.1%▼
2020 · 111.5%
ROA
45.8%▼
2020 · 73.1%
Debt ≤ 1 year
€1,812▼
2020 · €1,884
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | €95 | - | - | - |
| Gross operating margin9900 | -€1,177 | €13,047 | €7,313 | €6,047 | ▼ 17.3% |
| Operating profit (loss)9901 | -€17,037 | €12,952 | €7,313 | €6,047 | ▼ 17.3% |
| Financial charges65/66B | - | €794 | - | - | - |
| Recurring financial charges65 | €4,069 | €794 | €155 | - | - |
| Profit (loss) for the period before taxes9903 | -€21,106 | €12,158 | €7,158 | €6,047 | ▼ 15.5% |
| Income taxes67/77 | €104 | - | €1,884 | - | - |
| Profit (loss) for the period9904 | -€21,210 | €12,158 | €5,274 | €6,047 | ▲ 14.7% |
| Profit (loss) for the period to be appropriated9905 | -€21,210 | €12,158 | €5,274 | €6,047 | ▲ 14.7% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €15,639 | €575 | €7,217 | €13,192 | ▲ 82.8% |
| Fixed assets21/28 | €89 | - | - | - | - |
| Financial fixed assets28 | €89 | - | - | - | - |
| Current assets29/58 | €15,550 | €575 | €7,217 | €13,192 | ▲ 82.8% |
| Amounts receivable within one year40/41 | - | - | €6,797 | €6,192 | ▼ 8.9% |
| Trade receivables40 | - | - | - | €6,192 | - |
| Cash at bank and in hand54/58 | €15,550 | €575 | €420 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €7,000 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €15,639 | €575 | €7,217 | €13,192 | ▲ 82.8% |
| Equity10/15 | -€12,704 | -€546 | €4,728 | €10,775 | ▲ 128% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Capital10 | - | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - |
| Profit (loss) carried forward14 | -€31,304 | -€19,146 | -€13,872 | -€7,825 | ▲ 43.6% |
| Amounts payable17/49 | €28,343 | €1,121 | €2,489 | €2,417 | ▼ 2.9% |
| Amounts payable within one year42/48 | €28,343 | €1,121 | €1,884 | €1,812 | ▼ 3.8% |
| Trade debts44 | - | €98 | - | €348 | - |
| Suppliers440/4 | - | €98 | - | €348 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,464 | - |
| Taxes450/3 | - | - | - | €1,464 | - |
| Other amounts payable47/48 | - | €1,023 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €605 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,210 | €12,158 | €5,274 | €6,047 | ▲ 14.7% |
| Operating cash flow (approximation) | -€21,210 | €12,158 | €5,274 | €6,047 | ▲ 14.7% |
| Change in cash | - | -€14,975 | -€155 | - | - |
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
2025
10-07
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 04-07-2025
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 80 days late
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 278 days late
2020
31-12
Financial
Liquidity times 7current ratio 3.83
Current ratio from 0.51 to 3.83.
2019
31-12
Financial
Back to profitnet €12,158
Net result €12,158 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 182 days late
2017
09-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 221 days late
2016
27-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 271 days late
01-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 610 days late
2013
30-12
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 152 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sprimont
Ground area
219 m²
Building footprint
58 m²
Volume, LiDAR
207 m³
Parcel 62100M0167/00Y003, Wallonia · tallest building 4.3 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62100M0167/00Y003 | Wallonia | 219 m² | 1 · 58 m² | 4.2 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ISABELLE BERREWAERTS PLACE PUISSANT 13,
4171 POULSEUR |
04-07-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-11-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.