TERRA MIA
ActiveThe computed 12-month bankruptcy probability of TERRA MIA is 1.9% (moderate). The 2025 annual accounts show equity of €12k and a net result of €1k. Equity is shrinking by ~17.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 33% of 13091 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-40
Solvency36▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.71 in 2024; short-term debt: 88.9% and cash: 23.2% of total assets), and 89.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
30 d late
2022
52 d late
2021
26 d late
2020
30 d late
2019
104 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1k▼ 94.6%
2024 · €25k
2018: €-29k
2019: €-12k
2020: €55k
2021: €17k
2022: €-75k
2023: €-24k
2024: €25k
2018 → 2025
Working capital
€-31k▲ 7.1%
2024 · €-33k
2018: €-89k
2019: €-74k
2020: €1k
2021: €46k
2022: €-15k
2023: €-30k
2024: €-33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€51k▼ 59.6%€22k▼ 57.3%€11k▼ 49.6%€12k▲ 12.0%
Operating result€20k-€-71k€-21k▲ 69.9%€25k€4k▼ 86.0%
Net result€17k-€-75k€-24k▲ 67.7%€25k€1k▼ 94.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€44k▼ 2.8%
Current assets
€71k▼ 11.4%
Equity and liabilities €115k
Equity
€12k▲ 12.0%
Debt
€102k▼ 10.3%
The debt ratio falls from 91.2% to 89.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €42k
Cash flow
€9k▼
2024 · €41k
Solvency
10.7%▲
2024 · 8.8%
Current ratio
0.70▼
2024 · 0.71
Quick ratio
0.47▲
2024 · 0.44
Debt / equity
8.32▼
2024 · 10.40
ROE
10.7%▼
2024 · 223.3%
ROA
1.2%▼
2024 · 19.6%
Interest coverage
3.99▼
2024 · 17.31
Debt
€102k▼
2024 · €114k
Debt ≤ 1 year
€102k▼
2024 · €113k
Income taxes
€126▼
2024 · €297
Staff costs
€262k=
2024 · €262k
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€125k€115k▼
Fixed assets21/28€45k€44k▼
Intangible fixed assets21€2k€0▼
Tangible fixed assets22/27€42k€43k▲
Plant, machinery and equipment23€22k€23k▲
Furniture and vehicles24€20k€20k▼
Financial fixed assets28€910€910=
Current assets29/58€80k€71k▼
Stocks and contracts in progress3€30k€23k▼
Stocks30/36€30k€23k▼
Amounts receivable within one year40/41€32k€18k▼
Trade receivables40€25k€1k▼
Other amounts receivable41€7k€17k▲
Cash at bank and in hand54/58€16k€27k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€125k€115k▼
Equity10/15€11k€12k▲
Contributions10/11€7k€7k=
Reserves13€749€749=
Distributable reserves133€749€749=
Profit (loss) carried forward14€3k€4k▲
Amounts payable17/49€114k€102k▼
Amounts payable within one year42/48€113k€102k▼
Current portion of amounts payable after more than one year42€6k€3k▼
Financial debts43€2k€4k▲
Credit institutions430/8€2k€4k▲
Trade debts44€34k€35k▲
Suppliers440/4€34k€35k▲
Advances received on contracts in progress46€682€0▼
Taxes, remuneration and social security45€63k€57k▼
Taxes450/3€14k€12k▼
Remuneration and social security454/9€49k€45k▼
Other amounts payable47/48€8k€3k▼
Accrued charges and deferred income492/3€650€439▼
Income statement
Code20242025
Non-recurring operating income76A€21k€0▼
Remuneration, social security and pensions62€262k€262k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€8k▼
Other operating charges640/8€9k€4k▼
Non-recurring operating charges66A€1k€548▼
Gross operating margin9900€314k€278k▼
Operating profit (loss)9901€25k€4k▼
Financial income75/76B€2k€813▼
Recurring financial income75€2k€813▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€25k€1k▼
Income taxes67/77€297€126▼
Profit (loss) for the period9904€25k€1k▼
Profit (loss) for the period to be appropriated9905€25k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€4k▼
Profit (loss) brought forward from the previous period14P€1k€3k▲
Transfer from equity791/2€1k€0▼
Profit to be distributed694/7€24k€0▼
Return on contributions (dividend)694€24k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
31-12
Financial
Weakest financial yearnet €-75k ▼537%
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.02
Current ratio from 0.50 to 1.02; short-term debt falls from €147k to €73k.
31-12
Financial
Equity above €100kEq €109k ▲103%
Equity rises from €54k to €109k.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 104 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sambreville · 2 establishment units 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.
Rue du Tram(VEL) 85060 SambrevilleGround area
2,195 m²
Building footprint
190 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
LA GIARA
since 20052.149.184.359
Avenue Président Roosevelt(TAM) 130, 5060 Sambreville
since 20172.260.714.662
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92129E0218/00Y006 | Wallonia | 2,007 m² | 1 · 136 m² | - |
| 92121A0945/00P003 | Wallonia | 188 m² | 1 · 54 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSambreville2.149.184.359
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Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 7,655 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2005
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.
Contact details
1 entryPhone:071/76.04.47