Terravec
The computed 12-month bankruptcy probability of Terravec is 2.8% (moderate). The 2024 annual accounts show equity of €35k and a net result of €33k. Its solvency ranks better than 81% of 11116 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €35k |
| Net result | €33k |
| Better than sector | 81% |
| Active | 3 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 68.5% | 40.9% | |
| Net result | €33k | €11k | |
| Equity | €35k | €34k | |
| Gross operating margin | €47k | €35k | |
| Total assets | €50k | €94k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €46k |
| Net profit | €33k |
| Cash flow | €34k |
| Staff costs | - |
| Income taxes | €9k |
| Dividends | - |
| Total assets | €50k |
| Equity | €35k |
| Debt | €16k |
| of which ≤ 1y | €14k |
| of which > 1y | €2k |
| Working capital | €28k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 3.04 |
| Quick ratio | 3.04 |
| Working capital ratio | 55.8% |
| Solvency | 68.5% |
| Debt / equity | 0.46 |
| Long-term debt ratio | 0.06 |
| Interest coverage | 16.57 |
| Gross margin | - |
| Net margin | - |
| ROA | 64.6% |
| ROE | 94.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €50k |
| Fixed assets | 21/28 | €9k |
| Tangible fixed assets | 22/27 | €9k |
| Current assets | 29/58 | €42k |
| Amounts receivable within one year | 40/41 | €29k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €50k |
| Equity | 10/15 | €35k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €33k |
| Amounts payable | 17/49 | €16k |
| Amounts payable after one year | 17 | €2k |
| Amounts payable within one year | 42/48 | €14k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €47k |
| Operating result | 9901 | €44k |
| Financial income | 75 | €415 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €42k |
| Income taxes | 67/77 | €9k |
| Net result for the period | 9904 | €33k |
| Result to be appropriated | 9905 | €33k |
-
Current01-07-2026 → present
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 25-05-2023 |
| Status | Active |
| Postal code | 1850 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0052/00M000 | Flanders | 909 m² | 1 · 184 m² | 8.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
28-07-2026 Act object · General meeting · Officer appointment · Mandate compensation
- Act object: Benoemingen · Terravec BV
- Publication: 28/07/2026 · Terravec BV
- Filing: 20/07/2029 · Terravec BV
- General meeting: 25/06/2026 · Terravec BV
- Officer appointment: role: niet-statutaire bestuurder, term: onbepaalde duur, start_date: 2026-07-01 · VANESSA VERCAUTEREN
- Mandate compensation: onbezoldigd · VANESSA VERCAUTEREN
Technical details
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}| Legal nameNL | Terravec |