TERRIMMO
ActiveSummary
TERRIMMO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €328,971 and a net result of €1,532. Equity is growing by ~3.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+10
Solvency74▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.03 in 2023; short-term debt: 51.5% and cash: 0.1% of total assets), and 51.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
64 d early
2023
30 d late
2022
53 d early
2021
73 d early
2020
64 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 45 days before 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 (2)
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. Usually files around 8 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€328,971▲ 0.5%
2023 · €327,439
Total assets
€677,915▼ 3.2%
2023 · €700,276
Net result
€1,532▲ 296%
2023 · €386
Working capital
-€348,023▲ 3.7%
2023 · -€361,232
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
Line20202021202220232024
Operating result-€3,742▲ 56.5%€9,628€13,014▲ 35.2%€3,055▼ 76.5%€3,339▲ 9.3%
Net result€239,066€6,206▼ 97.4%€10,421▲ 67.9%€386▼ 96.3%€1,532▲ 296%
Equity€310,425▲ 335%€316,631▲ 2.0%€327,052▲ 3.3%€327,439▲ 0.1%€328,971▲ 0.5%
Total assets€870,614▲ 39.8%€624,765▼ 28.2%€623,441▼ 0.2%€700,276▲ 12.3%€677,915▼ 3.2%
Debt€560,189▲ 1.6%€308,134▼ 45.0%€296,388▼ 3.8%€372,837▲ 25.8%€348,944▼ 6.4%
Working capital-€301,070▲ 45.2%-€282,658▲ 6.1%-€290,350▼ 2.7%-€361,232▼ 24.4%-€348,023▲ 3.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €677,915
Fixed assets
€676,994 ▼ 1.7%
Current assets
€922 ▼ 92.1%
Equity and liabilities €677,915
Equity
€328,971 ▲ 0.5%
Debt
€348,944 ▼ 6.4%
Debt's share of the balance-sheet total falls from 53.2% to 51.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16,815▲
2023 · €12,903
Cash flow
€15,008▲
2023 · €10,235
Current ratio
0.00▼
2023 · 0.03
Debt to equity
1.06▼
2023 · 1.14
ROE
0.5%▲
2023 · 0.1%
ROA
0.2%▲
2023 · 0.1%
Interest coverage
6.77▲
2023 · 4.82
Debt ≤ 1 year
€348,944▼
2023 · €372,837
Income taxes
€1▲
2023 · €1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,889 | €12,206 | €7,486 | €9,849 | €13,476 | ▲ 36.8% |
| Other operating charges640/8 | - | €4,068 | €4,263 | €3,764 | €3,903 | ▲ 3.7% |
| Gross operating margin9900 | €15,750 | €25,903 | €24,764 | €16,667 | €20,717 | ▲ 24.3% |
| Operating profit (loss)9901 | -€3,742 | €9,628 | €13,014 | €3,055 | €3,339 | ▲ 9.3% |
| Financial income75/76B | - | €17 | - | €12 | €680 | ▲ 5,811% |
| Recurring financial income75 | €248,469 | €17 | - | €12 | €680 | ▲ 5,811% |
| Financial charges65/66B | - | €3,439 | €2,593 | €2,679 | €2,485 | ▼ 7.2% |
| Recurring financial charges65 | €5,661 | €3,439 | €2,593 | €2,679 | €2,485 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €239,066 | €6,206 | €10,421 | €387 | €1,534 | ▲ 296% |
| Income taxes67/77 | - | - | - | €1 | €1 | ▲ 68.4% |
| Profit (loss) for the period9904 | €239,066 | €6,206 | €10,421 | €386 | €1,532 | ▲ 296% |
| Profit (loss) for the period to be appropriated9905 | €239,066 | €6,206 | €10,421 | €386 | €1,532 | ▲ 296% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €870,614 | €624,765 | €623,441 | €700,276 | €677,915 | ▼ 3.2% |
| Fixed assets21/28 | €611,495 | €599,289 | €617,402 | €688,671 | €676,994 | ▼ 1.7% |
| Tangible fixed assets22/27 | €172,333 | €160,127 | €178,240 | €249,509 | €237,832 | ▼ 4.7% |
| Land and buildings22 | - | €156,693 | €175,940 | €248,341 | €237,798 | ▼ 4.2% |
| Plant, machinery and equipment23 | - | €3,434 | €2,300 | €1,167 | €34 | ▼ 97.1% |
| Financial fixed assets28 | €439,162 | €439,162 | €439,162 | €439,162 | €439,162 | = |
| Current assets29/58 | €259,119 | €25,476 | €6,039 | €11,605 | €922 | ▼ 92.1% |
| Amounts receivable within one year40/41 | €248,469 | - | - | €8,410 | - | - |
| Trade receivables40 | - | - | - | €8,410 | - | - |
| Cash at bank and in hand54/58 | €982 | €14,197 | €1,205 | €3,195 | €922 | ▼ 71.2% |
| Deferred charges and accrued income490/1 | - | €11,279 | €4,834 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €870,614 | €624,765 | €623,441 | €700,276 | €677,915 | ▼ 3.2% |
| Equity10/15 | €310,425 | €316,631 | €327,052 | €327,439 | €328,971 | ▲ 0.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €248,425 | €254,631 | €265,052 | €265,439 | €266,971 | ▲ 0.6% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | €248,431 | €258,852 | €259,239 | €260,771 | ▲ 0.6% |
| Amounts payable17/49 | €560,189 | €308,134 | €296,388 | €372,837 | €348,944 | ▼ 6.4% |
| Amounts payable within one year42/48 | €560,189 | €308,134 | €296,388 | €372,837 | €348,944 | ▼ 6.4% |
| Trade debts44 | €3,965 | - | €149 | €7,815 | €1,977 | ▼ 74.7% |
| Suppliers440/4 | - | - | €149 | €7,815 | €1,977 | ▼ 74.7% |
| Taxes, remuneration and social security45 | - | - | €9 | - | - | - |
| Taxes450/3 | - | - | €9 | - | - | - |
| Other amounts payable47/48 | - | €308,134 | €296,230 | €365,022 | €346,967 | ▼ 4.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €239,066 | €6,206 | €10,421 | €386 | €1,532 | ▲ 296% |
| + Depreciation and write-downs630 | €15,889 | €12,206 | €7,486 | €9,849 | €13,476 | ▲ 36.8% |
| Operating cash flow (approximation) | €254,955 | €18,412 | €17,908 | €10,235 | €15,008 | ▲ 46.6% |
| Investment in fixed assets (approximation) | - | €0 | -€25,599 | -€81,117 | -€1,799 | ▲ 97.8% |
| Change in cash | - | €13,215 | -€12,992 | €1,990 | -€2,273 | ▼ 214% |
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
Next filing, fiscal year 2026, expected by
2026
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €239,066
Net result €239,066 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €310,425 ▲335%
Equity rises from €71,359 to €310,425.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€16,792
Net result drops to -€16,792, the lowest in the series; recovery starts the following year.
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Brasschaat · 1 establishment unit since 1988
Ground area
4,757 m²
Building footprint
276 m²
Volume, LiDAR
1,718 m³
Parcel 11322E0294/00G000, Flanders · tallest building 16.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TERRIMMO
since 19882.040.507.836
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0294/00G000 | Flanders | 4,757 m² | 1 · 276 m² | 16.7 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2024 annual accounts of TERRIMMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded21-09-1988
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435367375
Also
9925:BE0435367375
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.