Financials
- Financial year
- 2024
- Total assets
- €370
- Loss
- -€2,855
- Solvency
- -4052.4%
Total assets▼ 24.4%
Net result
20192024
Terre N Mer
ActiveSummary
The computed 12-month bankruptcy probability of Terre N Mer is 10.6% (high). For Terre N Mer, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€14,981) and a net result of -€2,855. Equity is shrinking by about 9% per year across the filed financial years. The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
“De vorming en het beheer in de ruimste zin van het woord van een…” (deed in Dutch)
From the articles, 12 activitiesNo NACE code in the KBO yet1 site
Size
€370total assets 2024
- Equity
- -€14,981
- Loss
- -€2,855
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 10.6%
2024 figures too old to score
Structure
- SWITTEN StijnDirector
2025 accounts not filed, 268 days past the deadline2 of 3 deeds summarised
Signalsraises riskFigures for financial year 2024 (filed 20-01-2025)1 change of registered office in 24 monthsNo main activity registeredAnnual accounts not filedlowers riskSize: total assets €370neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: High
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Weak
Solvency
0=
equity -4052.4% of total assets
Liquidity
50=
short-term debt 4152.4% · cash 100.0%
Profitability
0=
return on assets -772.2%
Bankruptcy probability, 12 months
10.6%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 1.0%▲ +0.1 percentage points vs 11-2024
01-2025: 1.1%▲ +0.1 percentage points vs 12-2024
02-2025: 0.8%▼ -0.3 percentage points vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025lowest value
08-2025: 0.8%● unchanged vs 07-2025lowest value
09-2025: 0.9%▲ +0.1 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 1.0%▲ +0.1 percentage points vs 11-2025
01-2026: 1.1%▲ +0.1 percentage points vs 12-2025
02-2026: 1.7%▲ +0.6 percentage points vs 01-2026
03-2026: 1.8%▲ +0.1 percentage points vs 02-2026
04-2026: 2.2%▲ +0.4 percentage points vs 03-2026
05-2026: 2.4%▲ +0.2 percentage points vs 04-2026
06-2026: 3.1%▲ +0.7 percentage points vs 05-2026
07-2026: 5.1%▲ +2.0 percentage points vs 06-2026
08-2026: 10.7%▲ +5.6 percentage points vs 07-2026
09-2026: 11.0%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 10.6%▼ -0.4 percentage points vs 09-2026
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 268 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 year end31-01-2026 deadline26-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 20-01-2025, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
11 days early
2023
13 days early
2022
14 days early
2021
20 days early
2020
17 days early
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Resignation: CUSTERS Johannes Gerardus (director)Name change · Amendment of…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€2,855
Key points
- Risk: 2025 accounts not fileddeadline was 31-01-2026 268 days past the deadline View
- Risk: Negative equityfinancial year 2024: debts exceed assets -€14,981 View
- Risk: 4 loss-making years in a rowloss financial year 2024 -€2,855 View
- Caution: A director leftlatest change 06-07-2026 · 1 in office 1 left View
By topic
Board & ownership
- Board
- 1 member
- SWITTEN StijnDirector
Timeline
- Events
- 29
- Since
- 2001
- 18-01-2024Annual accounts filed
- 30-11-2023Resignations: SWITTEN Stijn (manager) and CUSTERS Johannes…
- 17-01-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 20-08-1999
- Year ends
- 30-06
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 27
- Who signs
- Each director alone
- Annual meeting
- Second Tuesday of December at 14:00
- Purpose
- “De vorming en het beheer in de ruimste zin van het woord van een patrimonium van roerende…” (deed in Dutch)
Key facts about Terre N Mer
- What is the company number of Terre N Mer?
- 0466.725.693. In Belgium the VAT number is the company number with BE in front: BE 0466.725.693.
- Where is Terre N Mer based?
- The registered office is at Lucas Munichstraat 47, 9000 Gent.Company details
- What is the legal form of Terre N Mer?
- Private limited company (BV).
- When was Terre N Mer founded?
- On 20-08-1999.
- Is Terre N Mer still active?
- Yes, Terre N Mer is an active enterprise in the KBO register.
- What is the turnover of Terre N Mer?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Terre N Mer profitable?
- In financial year 2024, Terre N Mer made a loss of €2,855.
- Where can I find the annual accounts of Terre N Mer?
- Terre N Mer filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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