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TERRANOVA

Active
Public limited companyfounded 2011active for 15 yearsScheldedijk 30, 2070 Beveren-Kruibeke-Zwijndrecht, Belgium49 active companies are registered at this addressKBO/BCE: BE 0834.141.008

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TERRANOVA has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338,800 and a net result of €451,285. Equity has been shrinking by about 5.5% per year since 2018. Its solvency ranks better than 15% of 107 sector peers (NACE 39, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
TERRANOVAActiveChecked score 83/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 25-02-2011 Normal situation
Legal form
Public limited company
Registered office
Scheldedijk 30, 2070 Beveren-Kruibeke-Zwijndrecht
Activity
Remediation activities and other waste management service activities NACE 39000
Establishment units
2.199.654.449 2070 Beveren-Kruibeke-Zwijndrecht, since 25-02-2011
2.240.602.307 9940 Evergem, since 20-12-2011
Financial year end
31 December
Peppol
Reachable since 03-11-2025
Company details

Board and ownership

Board
and 2 other directors
Auditor
EY Bedrijfsrevisoren BV
Shareholders
and 5 other shareholders
Holdings
Shares in 1 company Terranova Hydrogen
Board & ownership

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€28.8m
▼ 19.2%
Profit
€451,285
▲ 12×
Equity
€338,800
=
Total assets
€22.6m
▲ 16.3%
2025 accounts filed 36 days before the deadline
Filed on 25-06-2026at the National Bank
Financials
Score breakdownraises riskLiquidity: current ratio 1.08, cash €484,551, halvedEquity €338,800 (1.5% of total assets)Sector: Remediation activities and other waste management service activities (NACE 39)lowers riskSize: turnover €28.8m, total assets €22.6mShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 22% of all companies
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 26-1
equity 1.5% of total assets
Liquidity 9-16
short-term debt 79.5% · cash 2.1%
Profitability 60+4
return on assets 2.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (6 companies, NACE 39, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.2 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.08 (1.05 in 2024), below the usual 1.5. Short-term debt is 79.5% and cash 2.1% of total assets. 98.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 12% of them on solvency, 8% on liquidity, 45% on profitability and 22% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €28.8m, total assets €22.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.08, cash €484,551, halved
NBB · annual accounts
raises risk · Equity €338,800 (1.5% of total assets)
NBB · annual accounts
raises risk · Sector: Remediation activities and other waste management service activities (NACE 39)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 107 sector peers (2025).
NBB · sector comparison
Position among 107 sector peers
Solvency
better than 15%
← weakest strongest →
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
38 days early
2023
44 days early
2022
55 days early
2021
41 days early
2020
38 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 39), the median for financial year 2024 was 9 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €38,572 to €451,285 ▲ 12× View
  • Caution: Lower solvency than 85% of companies in remediationsector median 35.5% · 107 companies 1.5% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €4.4m View
  • Positive: 6 profitable years in a rowprofit 2025: €451,285 6 years View

Documents

Annual accounts at the NBB

All 15 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about TERRANOVA

What is the company number of TERRANOVA?
The company number of TERRANOVA is 0834.141.008. The VAT number is the same number with BE in front: BE 0834.141.008.
Where is TERRANOVA based?
The registered office is at Scheldedijk 30, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
What does TERRANOVA do?
According to the KBO register, the main activity is remediation activities and other waste management service activities (NACE 39000).
What is the legal form of TERRANOVA?
The legal form of TERRANOVA is Public limited company (NV).
When was TERRANOVA founded?
TERRANOVA was founded on 25-02-2011.
Is TERRANOVA still active?
Yes, TERRANOVA is an active enterprise in the KBO register.
What is the turnover of TERRANOVA?
The turnover of TERRANOVA was €28.8m in financial year 2025, according to the filed annual accounts.Financials
Is TERRANOVA profitable?
In financial year 2025, TERRANOVA made a profit of €451,285.
Where can I find the annual accounts of TERRANOVA?
TERRANOVA filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of TERRANOVA due?
TERRANOVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to TERRANOVA

Comparable companies

These companies have the same main activity as TERRANOVA: remediation activities and other waste management service activities (NACE 39000). They are comparable in size and age: total assets between €5.5m and €105m, founded between 1984 and 2012.

CompanyTotal assetsTurnover
TERRANOVA Beveren-Kruibeke-Zwijndrecht€22.6m€28.8m
GRCT Herenthout€13.7m€26.2m
ENTREPRISES SWENNEN Villers-le-Bouillet€12.0m€5.7m
DUFERCO WALLONIE La Louvière€105.1m€15.1m
Belgische Asbestverwijdering Herentals€5.5m€5.2m
DEME ENVIRONNEMENT Farciennes€77.1m€36.1m
BELGOPROCESS Dessel€68.1m€118.4m
Full comparison

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