TERRIMMO

Active

Public limited companyfounded 200521 yrs activeKalverstraat 1, 2440 Geel, BelgiumKBO/BCE: BE 0872.658.322

Summary

TERRIMMO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€681,676) and a net result of -€163,204. Equity is shrinking by ~17.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch Report Compare

TERRIMMOActiveChecked score 52/100

Risk analysis Report Compare

What they do

Activity not known

How big

€4.4mtotal assets 2025

Equity: -€681,676
Loss: -€163,204

Financially healthy?

52 Fair Checked score 2025

Bankruptcy chance 12 m: 0.5%

Who decides

Largest shareholder: CARINO · 50%
Holdings: 1

Accounts filed 27 d late0 of 14 deeds read

Why 52Capped at 59: negative equity- Negative equity -€681,676- Liquidity: current ratio 0.01, cash €24,704- No establishment unit in the KBO+ Size: total assets €4.4mShow the evidence

Checked score

Score 2025

52 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 7% of its sector peers (no NACE code, small)

Performance against the sector, not lower risk

Negative equity caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 9-4

equity -15.6% of total assets

Liquidity 1+1

short-term debt 112.8% · cash 0.6%

Profitability 19=

return on assets -3.7%

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● 0.0% vs 11-2024 01-2025: 0.8%▲ +9.1% vs 12-2024 02-2025: 0.9%▲ +1.9% vs 01-2025 03-2025: 0.8%▼ -0.6% vs 02-2025 04-2025: 0.8%▼ -2.9% vs 03-2025 05-2025: 0.9%▲ +7.0% vs 04-2025 06-2025: 1.1%▲ +19.4% vs 05-2025 07-2025: 1.1%● 0.0% vs 06-2025 08-2025: 1.1%● 0.0% vs 07-2025 09-2025: 1.1%● 0.0% vs 08-2025 10-2025: 1.1%● 0.0% vs 09-2025 11-2025: 1.1%● 0.0% vs 10-2025 12-2025: 1.1%● 0.0% vs 11-2025 01-2026: 1.2%▲ +9.4% vs 12-2025 02-2026: 1.2%▲ +1.8% vs 01-2026 03-2026: 1.2%▲ +0.3% vs 02-2026 04-2026: 1.1%▼ -9.5% vs 03-2026 05-2026: 1.1%▲ +2.4% vs 04-2026 06-2026: 1.2%▲ +11.7% vs 05-2026 07-2026: 1.2%● 0.0% vs 06-2026 08-2026: 1.8%▲ +50.9% vs 07-2026highest value 09-2026: 0.5%▼ -74.3% vs 08-2026lowest value 10-2026: 0.5%● 0.0% vs 09-2026lowest value

Size: total assets €4.4m lowers the probability for this profile
Negative equity -€681,676 raises the probability
Liquidity: current ratio 0.01, cash €24,704 raises the probability
No establishment unit in the KBO raises the probability

No credit on open account

Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 112.8% and cash: 0.6% of total assets), and equity is negative.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, small). Better than this share of them on solvency 3%, liquidity 5%, profitability 11%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

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

−lowers risk+raises risk○neutral

Size: total assets €4.4m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Negative equity -€681,676

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Liquidity: current ratio 0.01, cash €24,704

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

No establishment unit in the KBO

In the bankruptcy model this factor raises the probability.

KBO · seat and establishments

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€681,676

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 filings

Deviation from the deadline

2025

27 d late

2024

66 d early

2023

76 d late

2022

30 d late

2021

74 d late

2020

40 d late

2019

53 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 33 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 (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 30 August (4 of the last 5 filed years within 47 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