TERRE asbl

Active

Non-profit associationfounded 196363 yrs activeRue de Milmort 690, 4040 Herstal, BelgiumKBO/BCE: BE 0407.214.809

Summary

The annual accounts of TERRE asbl for fiscal year 2025 show a net loss of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €693,405 and a net result of -€2.8m. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 233 sector peers (fiscal year 2025). The company has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch Report Compare

TERRE asblActiveChecked score 40/100

Risk analysis Report Compare

What they do

Materials recovery from waste

NACE 38210NACE 38329NACE 46772

#1 oldest company in the province of Liège, Waste collection and treatment sector35 sites

How big

€14.2mturnover 2025

Staff: 244.1 FTE
Equity: €693,405
Loss: -€2.8m

Financially healthy?

40 Weak Checked score 2025

Bankruptcy chance 12 m: 0.2%

Who decides

Board: 11 members
Holdings: 5

Accounts filed 55 d late1 of 22 deeds read

Why 40- Multiple establishment units- Higher-failure-rate region- Higher-failure-rate sector- Persistent losses- Weak solvency vs sector+ Lower-risk legal form+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2025

40 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-10

Solvency33▼-26

Growth39▼-2

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €25,000 at 30 days only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.71 against 1.1 in 2024; short-term debt: 79.9% and cash: 7% of total assets), and 92.2% of the assets are financed with debt.

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Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 38

Relative position

BE, all sectors

reference

Waste collection, recovery and disposal activities (NACE 38)

about 10% more bankruptcies

← fewer bankruptcies more bankruptcies →

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€2.8m

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 233 sector peers (2025).

NBB · sector comparison

Position among 233 sector peers

Solvency

better than 18%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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 filings

Deviation from the deadline

2025

55 d late

2024

28 d late

2023

9 d early

2022

14 d early

2021

26 d early

2020

22 d early

2019

19 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 23 July (4 of the last 5 filed years within 36 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

24-09-26 Annual accounts filedfiscal year 2025 · abbreviated…
07-08-26 Resignations: Kelly Castillo-Morillo, Déborah Delmotte and…Appointments: Ludovic Ferez, Cath Simon…
31-12-25 Weakest financial yearnet -€2.8m

Key points

Risk: 3 loss-making years in a rowloss fiscal year 2025 -€2.8m View
Caution: Result fell in 2025from -€954,625 to -€2.8m ▼ 198% View
Caution: Among the weakest 5% on net resultsector median €34,116 · 234 companies -€2.8m View
Board changedlatest change 30-06-2026 · 11 in office 12 joined · 4 left View
Active since 1963founded 25-04-1963 63 years View
Wallonia-Brussels supportpaid 2023 - 2025 €447,434 View