VH2 TERRA

Active

Private limited companyfounded 20232 yrs activeLegeweg 14, 8490 Jabbeke, BelgiumKBO/BCE: BE 1001.318.429

The computed 12-month bankruptcy probability of VH2 TERRA is 2.3% (moderate). The 2025 annual accounts show equity of €335k and a net result of €194k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

89 / 100

Excellent▲ +69 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+100

Solvency67▲+41

Growth78

Stability82

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days only on tighter terms

Liquidity ample (current ratio 1.54 against 1.19 in 2024), but 65% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

35%

Return on assets

20.3%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-04-2026, 108 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

108 d early

2024

14 d early

← before the deadline after the deadline →

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 months

Position in the running window

14-09-2026 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

Financials · fiscal year 2025, micro schema

Equity

€335k▲ 202%

2024 · €111k

2024: €111k

2024 → 2025

Total assets

€959k▲ 37.1%

2024 · €699k

2024: €699k

2024 → 2025

Net result

€194k

2024 · €-9k

2024: €-9k

2024 → 2025

Working capital

€335k▲ 202%

2024 · €111k

2024: €111k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€111k-€335k▲ 202%

Operating result€-9k-€272k

Net result€-9k-€194k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €272k after a loss of €9k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €959k

35.0%

65.0%

Equity €335k▲ 202%

Debt €623k▲ 6.0%

The debt ratio falls from 84.1% to 65.0%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€272k▲

2024 · €-6k

Cash flow

€194k▲

2024 · €-6k

Solvency

35.0%▲

2024 · 15.9%

Current ratio

1.54▲

2024 · 1.19

Quick ratio

0.95▲

2024 · 0.05

Debt / equity

1.86▼

2024 · 5.30

ROE

57.9%▲

2024 · -8.1%

ROA

20.3%▲

2024 · -1.3%

Interest coverage

16.57▲

2024 · -113.67

Debt

€623k▲

2024 · €588k

Debt ≤ 1 year

€623k▲

2024 · €588k

Income taxes

€62k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€699k€959k▲

Current assets29/58€699k€959k▲

Stocks and contracts in progress3€672k€366k▼

Stocks30/36€672k€366k▼

Amounts receivable within one year40/41€3k€38k▲

Trade receivables40-€52

Other amounts receivable41€3k€38k▲

Cash at bank and in hand54/58€24k€555k▲

Equity and liabilities

Total equity and liabilities10/49€699k€959k▲

Equity10/15€111k€335k▲

Contributions10/11€120k€150k▲

Reserves13-€185k

Distributable reserves133-€185k

Profit (loss) carried forward14€-9k€0▲

Amounts payable17/49€588k€623k▲

Amounts payable within one year42/48€588k€623k▲

Trade debts44€43k€0▼

Suppliers440/4€43k€0▼

Taxes, remuneration and social security45-€62k

Taxes450/3-€62k

Other amounts payable47/48€545k€562k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€0▼

Other operating charges640/8€371€313▼

Gross operating margin9900€-5k€272k▲

Operating profit (loss)9901€-9k€272k▲

Financial income75/76B-€544

Recurring financial income75-€544

Financial charges65/66B€50€16k▲

Recurring financial charges65€50€16k▲

Profit (loss) for the period before taxes9903€-9k€256k▲

Income taxes67/77-€62k

Profit (loss) for the period9904€-9k€194k▲

Profit (loss) for the period to be appropriated9905€-9k€194k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€185k▲

Profit (loss) brought forward from the previous period14P-€-9k

Transfer to equity691/2-€185k

To other reserves6921-€185k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €194k

Net result €194k after one loss-making year.

31-12

Financial Equity above €200kEq €335k ▲202%

Equity rises from €111k to €335k.

17-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

Financial 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, Jabbeke · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Legeweg 148490 Jabbeke

Ground area

7,163 m²

Building footprint

267 m²

Parcel 31035C0727/00K000, Flanders. Linked by address, not a title deed.

1 establishment unit

VH2 TERRA

Legeweg 14, 8490 JabbekeReal estate activities

since 20232.350.958.910

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31035C0727/00K000	Flanders	7,163 m²	1 · 267 m²	-

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.

Structure & network

Connections & network

3 connected companies

Shared address / shareholder

Network connections

GREEN MOBILITY GROUP

Shared address

→

VH2 BUILD

Shared address

→

Vicest Invest

Shared address

→

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded17-10-2023

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.