TERAELEC
The computed 12-month bankruptcy probability of TERAELEC is 1.7% (moderate). The 2024 annual accounts show equity of €18k and a net result of €-18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 36383 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €18k |
| Net result | €-18k |
| Better than sector | 16% |
| Active | 10 yrs |
Fragile profile, watch profitability in particular.
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 | 13.0% | 46.6% | |
| Net result | €-18k | €9k | |
| Equity | €18k | €58k | |
| Gross operating margin | €44k | €38k | |
| Staff costs | €48k | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | €132k |
| EBITDA | €-6k | €26k | €43k | €49k |
| Net profit | €-18k | €12k | €39k | €37k |
| Cash flow | €-8k | €20k | €43k | €38k |
| Staff costs | €48k | €51k | €36k | €10k |
| Income taxes | €-1k | €5k | - | €8k |
| Dividends | - | - | - | - |
| Total assets | €136k | €169k | €171k | €53k |
| Equity | €18k | €36k | €62k | €23k |
| Debt | €118k | €133k | €108k | €30k |
| of which ≤ 1y | €112k | €133k | €108k | €30k |
| of which > 1y | €6k | - | - | - |
| Working capital | €-554 | €18k | €42k | €23k |
| Employees (FTE) | - | 1.0 | 1.2 | 2.0 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.00 | 1.13 | 1.39 | 1.76 |
| Quick ratio | 0.90 | 1.05 | 1.30 | 1.76 |
| Working capital ratio | -0.4% | 10.4% | 24.8% | 42.9% |
| Solvency | 13.0% | 21.1% | 36.5% | 43.3% |
| Debt / equity | 6.69 | 3.74 | 1.74 | 1.31 |
| Long-term debt ratio | 0.34 | - | - | - |
| Interest coverage | -1.84 | 35.97 | 65.72 | 14.43 |
| Gross margin | - | - | - | 44.1% |
| Net margin | - | - | - | 28.3% |
| ROA | -13.2% | 7.3% | 23.1% | 70.4% |
| ROE | -101.8% | 34.4% | 63.1% | 162.7% |
| EBITDA margin | - | - | - | 36.8% |
| Days sales outstanding | - | - | - | 44d |
| Days payable outstanding | - | - | - | 53d |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €136k | €169k | €171k | €53k |
| Fixed assets | 21/28 | €24k | €18k | €20k | €208 |
| Tangible fixed assets | 22/27 | €19k | €13k | €18k | €208 |
| Financial fixed assets | 28 | €5k | €5k | €2k | - |
| Current assets | 29/58 | €112k | €151k | €151k | €53k |
| Stocks & contracts in progress | 3 | €10k | €11k | €10k | - |
| Amounts receivable within one year | 40/41 | €94k | €110k | €70k | €16k |
| Cash & bank | 54/58 | €7k | €30k | €70k | €37k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €136k | €169k | €171k | €53k |
| Equity | 10/15 | €18k | €36k | €62k | €23k |
| Contributions / capital | 10/11 | €19k | €19k | €6k | €6k |
| Accumulated profits (losses) | 14 | €-965 | €17k | €56k | €17k |
| Amounts payable | 17/49 | €118k | €133k | €108k | €30k |
| Amounts payable after one year | 17 | €6k | - | - | - |
| Amounts payable within one year | 42/48 | €112k | €133k | €108k | €30k |
| Trade debts payable within one year | 44 | €95k | €85k | €93k | €11k |
| Income statement | |||||
| Turnover | 70 | - | - | - | €132k |
| Gross operating margin | 9900 | €44k | €77k | €85k | €58k |
| Operating result | 9901 | €-16k | €18k | €40k | €48k |
| Financial income | 75 | €473 | €148 | €83 | €40 |
| Financial charges | 65 | €3k | €720 | €661 | €3k |
| Result before taxes | 9903 | €-19k | €18k | €39k | €45k |
| Income taxes | 67/77 | €-1k | €5k | - | €8k |
| Net result for the period | 9904 | €-18k | €12k | €39k | €37k |
| Result to be appropriated | 9905 | €-18k | €12k | €39k | €37k |
-
Butera AlessandraDirectorState Gazette act 25001012 (02-01-2025)Current03-09-2024 → present
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 06-07-2016 |
| Status | Active |
| Postal code | 4800 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63043B0818/00A000 | Wallonia | 1.3 ha | 1 · 1,518 m² | 16.7 m · 5 fl. |
| 63076B0611/00S000 | Wallonia | 586 m² | 1 · 124 m² | 9.8 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-01-2025 Butera Alessandra appointed as director
- Butera Alessandra, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Butera Alessandra",
"address": "rue Pierre Lemarchand 122 4801 Stembert",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": "2024-09-03",
"evidence_quote": "Nommer Madame Butera Alessandra domicili\u00E9 rue Pierre Lemarchand 122 \u00E0 4801 Stembert, administratrice en date du 03/09/2024 \u00E0 titre gratuit.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Verviers",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-01-02",
"filing_date": "2024-12-18",
"act_kind_objet": "Nomination"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-09-03",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0658.756.494",
"name_full": "TERAELEC",
"legal_form": "SPRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "BUTERA ALESSANDRA",
"org_rep_person_name": null,
"person_role_at_subject": "Nouvel administratrice"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}13-11-2023 Registered office moved within VERVIERS
- RUE LEJEUNE 2 RDC 4800 VERVIERS → RUE VICTOR BESME 35/10-4800 VERVIERS
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "RUE VICTOR BESME 35/10-4800 VERVIERS",
"city": "VERVIERS",
"region": "waals_gewest",
"street": "RUE VICTOR BESME",
"country": "BE",
"postcode": "4800",
"box_number": "10",
"street_number": "35",
"locality_suffix": null
},
"old_address": {
"raw": "RUE LEJEUNE 2 RDC 4800 VERVIERS",
"city": "VERVIERS",
"region": "waals_gewest",
"street": "RUE LEJEUNE",
"country": "BE",
"postcode": "4800",
"box_number": "RDC",
"street_number": "2",
"locality_suffix": null
},
"effective_date": "2023-05-02",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-11-13",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": "2023-05-02",
"unanimous": null
},
"subject_company": {
"kbo": "0658.756.494",
"name_full": "TERAELEC",
"legal_form": "SPRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "BUTERA GIOVANNI",
"org_rep_person_name": null,
"person_role_at_subject": "GERANT"
},
"co_filed_documents": [
"Mod DOC 19 01"
]
}| Legal nameFR | TERAELEC |