TIERRA
Bankruptcy closedSummary
TIERRA was declared bankrupt on 14-02-2023 (Ondernemingsrechtbank Gent, afdeling Ieper); the bankruptcy was closed by liquidation by judgment of 04-11-2025, published in the Belgian State Gazette on 12-11-2025. The 2022 annual accounts show negative equity (-€5,827) and a net result of -€2,220.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 31-01-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
on the day
2021
365 d late
2020
730 d late
2019
48 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 286 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
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Financials · fiscal year 2022, micro schema
Equity
-€5,827▼ 61.6%
2021 · -€3,607
Total assets
€177▼ 67.4%
2021 · €542
Net result
-€2,220▲ 2.2%
2021 · -€2,270
Working capital
-€5,827▼ 60.9%
2021 · -€3,622
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result-€707--€2,270-€2,220▲ 2.2%
Net result-€1,037--€2,270-€2,220▲ 2.2%
Equity-€1,337--€1,337=-€3,607▼ 170%-€5,827▼ 61.6%
Total assets€542-€542=€542=€177▼ 67.4%
Debt€1,879-€1,879=€4,149▲ 121%€6,004▲ 44.7%
Working capital-€1,352--€1,352=-€3,622▼ 168%-€5,827▼ 60.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,220 in 2022 against €2,270 in 2021; the loss shrinks.
Key figures and ratios
Debt ≤ 1 year
€6,004▲
2021 · €4,149
Ratios withheld: a balance sheet total of €177 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €916 | €460 | ▼ 49.8% |
| Gross operating margin9900 | - | - | -€1,354 | -€1,761 | ▼ 30.1% |
| Operating profit (loss)9901 | -€707 | - | -€2,270 | -€2,220 | ▲ 2.2% |
| Recurring financial charges65 | €330 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,037 | - | -€2,270 | -€2,220 | ▲ 2.2% |
| Profit (loss) for the period9904 | -€1,037 | - | -€2,270 | -€2,220 | ▲ 2.2% |
| Profit (loss) for the period to be appropriated9905 | -€1,037 | - | -€2,270 | -€2,220 | ▲ 2.2% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €542 | €542 | €542 | €177 | ▼ 67.4% |
| Fixed assets21/28 | €15 | €15 | €15 | - | - |
| Financial fixed assets28 | €15 | €15 | €15 | - | - |
| Current assets29/58 | €527 | €527 | €527 | €177 | ▼ 66.4% |
| Amounts receivable within one year40/41 | €350 | €350 | €350 | - | - |
| Other amounts receivable41 | - | €350 | €350 | - | - |
| Cash at bank and in hand54/58 | €177 | €177 | €177 | €177 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €542 | €542 | €542 | €177 | ▼ 67.4% |
| Equity10/15 | -€1,337 | -€1,337 | -€3,607 | -€5,827 | ▼ 61.6% |
| Contributions10/11 | €6,400 | €6,400 | €6,400 | €6,400 | = |
| Reserves13 | €20,750 | €20,750 | €20,750 | €20,750 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | = |
| Tax-exempt reserves132 | - | €18,750 | €18,750 | €18,750 | = |
| Profit (loss) carried forward14 | -€28,487 | -€28,487 | -€30,757 | -€32,977 | ▼ 7.2% |
| Amounts payable17/49 | €1,879 | €1,879 | €4,149 | €6,004 | ▲ 44.7% |
| Amounts payable within one year42/48 | €1,879 | €1,879 | €4,149 | €6,004 | ▲ 44.7% |
| Other amounts payable47/48 | - | €1,879 | €4,149 | €6,004 | ▲ 44.7% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,037 | - | -€2,270 | -€2,220 | ▲ 2.2% |
| Operating cash flow (approximation) | -€1,037 | - | -€2,270 | -€2,220 | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - |
| Change in cash | - | €0 | €0 | €0 | - |
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
12-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Ieper · event 04-11-2025
2023
28-12
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Ieper · event 19-12-2023
03-07
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Ieper · event 27-06-2023
20-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 14-02-2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 365 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 730 days late
2021
30-06
Financial
Weakest financial yearnet -€2,270
Net result drops to -€2,270, the lowest in the series.
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Show earlier events
2016
12-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
29-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
10-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Ieper · 1 establishment unit since 2005
Ground area
793 m²
Building footprint
176 m²
Volume, LiDAR
833 m³
Parcel 33003B0689/00H004, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tierra
since 20052.147.773.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003B0689/00H004 | Flanders | 793 m² | 1 · 176 m² | 8.5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MAGALI MULLEBROUCK DIKSMUIDSEWEG 89,
8900 IEPER |
14-02-2023 → 04-11-2025 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-04-2005
Fiscal year end30-06
Contact
Phone
057/486128Ieper
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 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.