Tri-Terra
ActiveSummary
Tri-Terra has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €641k and a net result of €12k. Equity is growing by ~16.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-53
Solvency76▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.64 against 4.57 in 2024; short-term debt: 4.3% and cash: 8.9% of total assets), and 48.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.1%
Return on assets
1%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
53 d early
2024
27 d early
2023
9 d early
2022
34 d early
2021
3 d early
2020
32 d early
2019
1 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€641k▲ 2.0%
2024 · €629k
2019: €316k
2020: €311k▼ -1.6% vs 2019lowest in 7 years
2021: €381k▲ +22.5% vs 2020
2022: €440k▲ +15.5% vs 2021
2023: €344k▼ -21.9% vs 2022
2024: €629k▲ +82.8% vs 2023
2025: €641k▲ +2.0% vs 2024highest in 7 years
2019 → 2025
Total assets
€1.26M▼ 0.4%
2024 · €1.26M
2019: €819k
2020: €797k▼ -2.7% vs 2019lowest in 7 years
2021: €1.28M▲ +60.0% vs 2020
2022: €1.04M▼ -18.4% vs 2021
2023: €1.44M▲ +37.9% vs 2022highest in 7 years
2024: €1.26M▼ -12.2% vs 2023
2025: €1.26M▼ -0.4% vs 2024
2019 → 2025
Net result
€12k▼ 95.7%
2024 · €285k
2019: €-6k
2020: €-5k▲ +17.4% vs 2019
2021: €70k▲ +1487% vs 2020
2022: €59k▼ -15.7% vs 2021
2023: €-96k▼ -263% vs 2022lowest in 7 years
2024: €285k▲ +396% vs 2023highest in 7 years
2025: €12k▼ -95.7% vs 2024
2019 → 2025
Working capital
€144k▲ 4.8%
2024 · €138k
2019: €618k
2020: €631k▲ +2.0% vs 2019
2021: €828k▲ +31.2% vs 2020highest in 7 years
2022: €440k▼ -46.8% vs 2021
2023: €-143k▼ -132% vs 2022lowest in 7 years
2024: €138k▲ +196% vs 2023
2025: €144k▲ +4.8% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€381k-€440k▲ 15.5%€344k▼ 21.9%€629k▲ 82.8%€641k▲ 2.0%
2021: €381k
2022: €440k▲ +15.5% vs 2021
2023: €344k▼ -21.9% vs 2022lowest in 5 years
2024: €629k▲ +82.8% vs 2023
2025: €641k▲ +2.0% vs 2024highest in 5 years
Operating result€103k-€85k▼ 16.7%€-63k€374k€45k▼ 87.9%
2021: €103k
2022: €85k▼ -16.7% vs 2021
2023: €-63k▼ -174% vs 2022lowest in 5 years
2024: €374k▲ +694% vs 2023highest in 5 years
2025: €45k▼ -87.9% vs 2024
Net result€70k-€59k▼ 15.7%€-96k€285k€12k▼ 95.7%
2021: €70k
2022: €59k▼ -15.7% vs 2021
2023: €-96k▼ -263% vs 2022lowest in 5 years
2024: €285k▲ +396% vs 2023highest in 5 years
2025: €12k▼ -95.7% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.26M
Fixed assets
€1.06M ▼ 2.5%
Current assets
€199k ▲ 12.8%
Equity and liabilities €1.26M
Equity
€641k ▲ 2.0%
Debt
€614k ▼ 2.8%
Debt's share of the balance-sheet total falls from 50.1% to 48.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▼
2024 · €401k
Cash flow
€40k▼
2024 · €312k
Current ratio
3.64▼
2024 · 4.57
Quick ratio
2.35▲
2024 · 2.21
Debt to equity
0.96▼
2024 · 1.00
ROE
1.9%▼
2024 · 45.3%
ROA
1.0%▼
2024 · 22.6%
Interest coverage
2.94▼
2024 · 15.40
Debt ≤ 1 year
€55k▲
2024 · €39k
Debt > 1 year
€560k▼
2024 · €593k
Income taxes
€8k▼
2024 · €63k
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 · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.26M€1.26M▼
Fixed assets21/28€1.08M€1.06M▼
Tangible fixed assets22/27€1.08M€1.06M▼
Land and buildings22€1.08M€1.06M▼
Current assets29/58€176k€199k▲
Stocks and contracts in progress3€91k€71k▼
Stocks30/36€91k€71k▼
Amounts receivable within one year40/41€7k€15k▲
Other amounts receivable41€7k€15k▲
Cash at bank and in hand54/58€77k€112k▲
Deferred charges and accrued income490/1€881€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.26M▼
Equity10/15€629k€641k▲
Contributions10/11€300k€300k=
Reserves13€329k€341k▲
Distributable reserves133€329k€341k▲
Amounts payable17/49€632k€614k▼
Amounts payable after more than one year17€593k€560k▼
Financial debts170/4€503k€470k▼
Other amounts payable178/9€90k€90k=
Amounts payable within one year42/48€39k€55k▲
Current portion of amounts payable after more than one year42€32k€33k▲
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Other amounts payable47/48€4k€13k▲
Accrued charges and deferred income492/3€126€9▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k=
Other operating charges640/8€5k€5k▲
Gross operating margin9900€406k€78k▼
Operating profit (loss)9901€374k€45k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€26k€25k▼
Recurring financial charges65€26k€25k▼
Profit (loss) for the period before taxes9903€348k€20k▼
Income taxes67/77€63k€8k▼
Profit (loss) for the period9904€285k€12k▼
Profit (loss) for the period to be appropriated9905€285k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€285k€12k▼
Transfer from equity791/2€0-
Transfer to equity691/2€285k€12k▼
To other reserves6921€285k€12k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €170k | €28k | €28k | = |
| Other operating charges640/8 | - | €980 | €5k | €5k | €5k | ▲ 3.1% |
| Gross operating margin9900 | €104k | €86k | €112k | €406k | €78k | ▼ 80.8% |
| Operating profit (loss)9901 | €103k | €85k | €-63k | €374k | €45k | ▼ 87.9% |
| Financial income75/76B | - | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | - | €1 | - |
| Financial charges65/66B | - | €6k | €33k | €26k | €25k | ▼ 5.2% |
| Recurring financial charges65 | €16k | €6k | €33k | €26k | €25k | ▼ 5.2% |
| Profit (loss) for the period before taxes9903 | €86k | €79k | €-96k | €348k | €20k | ▼ 94.1% |
| Income taxes67/77 | €16k | €20k | €0 | €63k | €8k | ▼ 87.2% |
| Profit (loss) for the period9904 | €70k | €59k | €-96k | €285k | €12k | ▼ 95.7% |
| Profit (loss) for the period to be appropriated9905 | €70k | €59k | €-96k | €285k | €12k | ▼ 95.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.28M | €1.04M | €1.44M | €1.26M | €1.26M | ▼ 0.4% |
| Fixed assets21/28 | - | - | €1.11M | €1.08M | €1.06M | ▼ 2.5% |
| Tangible fixed assets22/27 | - | - | €1.11M | €1.08M | €1.06M | ▼ 2.5% |
| Land and buildings22 | - | - | €1.11M | €1.08M | €1.06M | ▼ 2.5% |
| Current assets29/58 | €1.28M | €1.04M | €324k | €176k | €199k | ▲ 12.8% |
| Stocks and contracts in progress3 | €734k | €430k | €234k | €91k | €71k | ▼ 22.2% |
| Stocks30/36 | - | €430k | €234k | €91k | €71k | ▼ 22.2% |
| Amounts receivable within one year40/41 | €77k | €18k | €18k | €7k | €15k | ▲ 98.5% |
| Other amounts receivable41 | - | €18k | €18k | €7k | €15k | ▲ 98.5% |
| Cash at bank and in hand54/58 | €465k | €593k | €71k | €77k | €112k | ▲ 45.1% |
| Deferred charges and accrued income490/1 | - | €73 | €786 | €881 | €2k | ▲ 73.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.28M | €1.04M | €1.44M | €1.26M | €1.26M | ▼ 0.4% |
| Equity10/15 | €381k | €440k | €344k | €629k | €641k | ▲ 2.0% |
| Contributions10/11 | - | €300k | €300k | €300k | €300k | = |
| Reserves13 | €81k | €140k | €44k | €329k | €341k | ▲ 3.8% |
| Non-distributable reserves130/1 | - | €1k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1k | €0 | - | - | - |
| Distributable reserves133 | - | €139k | €44k | €329k | €341k | ▲ 3.8% |
| Amounts payable17/49 | €895k | €601k | €1.09M | €632k | €614k | ▼ 2.8% |
| Amounts payable after more than one year17 | €447k | €0 | €625k | €593k | €560k | ▼ 5.6% |
| Financial debts170/4 | - | - | €535k | €503k | €470k | ▼ 6.6% |
| Other amounts payable178/9 | - | €0 | €90k | €90k | €90k | = |
| Amounts payable within one year42/48 | €448k | €601k | €467k | €39k | €55k | ▲ 41.3% |
| Current portion of amounts payable after more than one year42 | - | €157k | €31k | €32k | €33k | ▲ 4.1% |
| Trade debts44 | €5k | €4k | €4k | €3k | €8k | ▲ 177% |
| Suppliers440/4 | - | €4k | €4k | €3k | €8k | ▲ 177% |
| Taxes, remuneration and social security45 | - | €8k | €0 | - | - | - |
| Taxes450/3 | - | €8k | €0 | - | - | - |
| Other amounts payable47/48 | - | €432k | €432k | €4k | €13k | ▲ 257% |
| Accrued charges and deferred income492/3 | - | - | - | €126 | €9 | ▼ 92.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70k | €59k | €-96k | €285k | €12k | ▼ 95.7% |
| + Depreciation and write-downs630 | - | - | €170k | €28k | €28k | = |
| Operating cash flow (approximation) | €70k | €59k | €74k | €312k | €40k | ▼ 87.2% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €128k | €-521k | €6k | €35k | ▲ 515% |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €285k
Net result €285k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 4.57
Current ratio from 0.69 to 4.57; short-term debt falls from €467k to €39k.
31-12
Financial
Equity above €500kEq €629k ▲82.8%
Equity rises from €344k to €629k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-96k
Net result drops to €-96k, the lowest in the series; recovery starts the following year.
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €70k
Net result €70k after 2 loss-making years.
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brugge · 1 establishment unit since 2016
Ground area
3,161 m²
Building footprint
196 m²
Volume, LiDAR
1,909 m³
Parcel 31029B0401/00A002, Flanders · tallest building 15.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Tri-Terra
since 20162.257.179.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029B0401/00A002 | Flanders | 3,161 m² | 1 · 196 m² | 15.4 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded19-09-2016
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.