LA TERRE
The computed 12-month bankruptcy probability of LA TERRE is 1.8% (moderate). The 2025 annual accounts show equity of €45k and a net result of €6k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 3462 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €45k |
| Net result | €6k |
| Better than sector | 95% |
| Active | 8 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 89.3% | 29.8% | |
| Net result | €6k | €11k | |
| Equity | €45k | €90k | |
| Gross operating margin | €56k | €260k | |
| Staff costs | €44k | €250k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | - | €8k | €10k | €12k |
| Net profit | €6k | €879 | €5k | €4k |
| Cash flow | - | €5k | €10k | €9k |
| Staff costs | €44k | €18k | - | - |
| Income taxes | €5k | €1k | - | €3k |
| Dividends | - | - | - | - |
| Total assets | €50k | €54k | €45k | €38k |
| Equity | €45k | €39k | €38k | €33k |
| Debt | €5k | €15k | €6k | €5k |
| of which ≤ 1y | €5k | €15k | €6k | €5k |
| of which > 1y | - | - | - | - |
| Working capital | €45k | €39k | €34k | €25k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 9.33 | 3.70 | 6.48 | 5.75 |
| Quick ratio | 8.75 | 3.34 | 6.29 | 5.75 |
| Working capital ratio | 89.3% | 73.0% | 76.3% | 63.9% |
| Solvency | 89.3% | 73.0% | 86.1% | 86.6% |
| Debt / equity | 0.12 | 0.37 | 0.16 | 0.16 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | - | 7.92 | 26.92 | 29.29 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 11.2% | 1.6% | 11.7% | 11.5% |
| ROE | 12.5% | 2.2% | 13.5% | 13.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €50k | €54k | €45k | €38k |
| Fixed assets | 21/28 | - | - | €4k | €9k |
| Tangible fixed assets | 22/27 | - | - | €4k | €9k |
| Current assets | 29/58 | €50k | €54k | €40k | €30k |
| Stocks & contracts in progress | 3 | €3k | €5k | €1k | - |
| Amounts receivable within one year | 40/41 | €14k | €14k | €14k | - |
| Cash & bank | 54/58 | €33k | €35k | €25k | €19k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €50k | €54k | €45k | €38k |
| Equity | 10/15 | €45k | €39k | €38k | €33k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k |
| Reserves | 13 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €31k | €25k | €24k | €19k |
| Amounts payable | 17/49 | €5k | €15k | €6k | €5k |
| Amounts payable within one year | 42/48 | €5k | €15k | €6k | €5k |
| Trade debts payable within one year | 44 | €2k | €1k | €1k | €344 |
| Income statement | |||||
| Gross operating margin | 9900 | €56k | €27k | €11k | €13k |
| Operating result | 9901 | €11k | €3k | €6k | €8k |
| Financial charges | 65 | €768 | €968 | €370 | €411 |
| Result before taxes | 9903 | €11k | €2k | €5k | €7k |
| Income taxes | 67/77 | €5k | €1k | - | €3k |
| Net result for the period | 9904 | €6k | €879 | €5k | €4k |
| Result to be appropriated | 9905 | €6k | €879 | €5k | €4k |
Former directors (1)
-
Mesut ErdemManagerState Gazette act 22078957 (04-07-2022)Former- → 01-06-2022
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 20-11-2017 |
| Status | Active |
| Postal code | 6031 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52047B0157/00P002 | Wallonia | 234 m² | 1 · 118 m² | 13.1 m · 4 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-07-2022 All shares are now held by a single shareholder
Technical details
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"act_meta": {
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"filing_date": "2022-06-24",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
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"underlying_resolution_date": "2022-06-01"
},
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"subject_company": {
"kbo": "0684.818.317",
"name_full": "LA TERRE",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
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"co_filed_documents": [],
"shareholders_after": [
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}| Legal nameFR | LA TERRE |