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 (€-6k) and a net result of €-2k.
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 →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-6k▼ 61.6%
2021 · €-4k
2019: €-1k
2020: €-1k
2021: €-4k
2019 → 2022
Total assets
€177▼ 67.4%
2021 · €542
2019: €542
2020: €542
2021: €542
2019 → 2022
Net result
€-2k▲ 2.2%
2021 · €-2k
2019: €-1k
2021: €-2k
2019 → 2022
Working capital
€-6k▼ 60.9%
2021 · €-4k
2019: €-1k
2020: €-1k
2021: €-4k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-1k-€-1k=€-4k▼ 170%€-6k▼ 61.6%
Operating result€-707-€-2k€-2k▲ 2.2%
Net result€-1k-€-2k€-2k▲ 2.2%
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 €2k in 2022 against €2k in 2021; the loss shrinks.
Key figures and ratios
Debt
€6k▲
2021 · €4k
Debt ≤ 1 year
€6k▲
2021 · €4k
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.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 26 lines
Balance sheet
Code20212022
Assets
Total assets20/58€542€177▼
Fixed assets21/28€15-
Financial fixed assets28€15-
Current assets29/58€527€177▼
Amounts receivable within one year40/41€350-
Other amounts receivable41€350-
Cash at bank and in hand54/58€177€177=
Equity and liabilities
Total equity and liabilities10/49€542€177▼
Equity10/15€-4k€-6k▼
Contributions10/11€6k€6k=
Reserves13€21k€21k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€-31k€-33k▼
Amounts payable17/49€4k€6k▲
Amounts payable within one year42/48€4k€6k▲
Other amounts payable47/48€4k€6k▲
Income statement
Code20212022
Other operating charges640/8€916€460▼
Gross operating margin9900€-1k€-2k▼
Operating profit (loss)9901€-2k€-2k▲
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-33k▼
Profit (loss) brought forward from the previous period14P€-28k€-31k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Ieper · TIERRA BV BIKSCHOTESTRAAT 4, 8904-- IEPER · event 04-11-2025
2023
20-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · TIERRA BV BIKSCHOTE- STRAAT 4, 8904 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 €-2k
Net result drops to €-2k, 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
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.
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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bikschotestraat 48904 IeperGround 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.
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
Methodology
via registered seat: 1
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 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-04-2005
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:057/486128