Bankrupt · Opening faillissement (CBE)

TERRAGAME HOLDING

BE0700541225

Rechtspersoon Public limited company 2 establishments

Route de Saussin,Spy 45, 5190 Jemeppe-sur-Sambre

Start date

31 July 2018

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Shrinking team NBB

    FTE fell two years in a row, from 7 to 4.4.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

TERRAGAME HOLDING from Jemeppe-sur-Sambre, company number BE0700541225, closed financial year 2023 with a result of € -414,850 after tax. For that financial year TERRAGAME HOLDING recorded a gross margin of € 61,655 and equity of € 1.5 million. Compared with financial year 2022, the result moved from € -896,573 to € -414,850. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2024.

What it is worth Healthy

€ 1.5 million

▼ 22% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -414,850

▲ 54 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 8,208

▼ 94% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -2.2 million.

People and assets in 2023

Full-time equivalents

4.4

▼ 1.6 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 225,554

▼ 28% vs 2022

€ 51,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 189

▼ 50% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 4 years to go

€ 99,263

€ 23,303 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 79,769

▲ € 66,527 vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 78,199

▲ 49% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 14,851 € 198,361 € 61,655 ▼ 69%
Profit after taxes € -359,220 € -896,573 € -414,850 ▲ € 481,723
Equity € 2,778,357 € 1,881,783 € 1,466,933 ▼ 22%
Total debts € 72,168 € 65,768 € 257,380 ▲ 291%
Cash € 77,736 € 141,227 € 8,208 ▼ 94%
Retained profit € -856,645 € -1,753,219 € -2,168,069 ▼ € 414,850
Bank debt € 0 € 0 € 99,263
Balance sheet total € 2,850,525 € 1,947,552 € 1,724,314 ▼ 11%
Employees (FTE) 7 6 4.4 ▼ 1.6

Key figures of TERRAGAME HOLDING, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to TERRAGAME HOLDING?

What happened at TERRAGAME HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

TERRAGAME HOLDING is active according to the CBE. Legal situation: Opening faillissement.

  • PIERRE-EDOUARD STERIN stepped down as director. NBB
  • WALLIMAGE SA stepped down as director. NBB
  • ISMAEL BHIRI stepped down as director. NBB
  • SOPHIAN BHIRI stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 414,850. Source: NBB ↗
  • PIERRE-EDOUARD STERIN became a director. NBB
  • WALLIMAGE SA became a director. NBB
  • ISMAEL BHIRI became a director. NBB

In short

From € 359,220 loss in 2021 to € 414,850 loss in 2023.

Paid € 6,910 in corporate taxes since 2021.

On average € 14,000 of value added per employee in 2023.

Management

B.A.D. 21 19.9%
SOCARIS 5.8%

The stake of B.A.D. 21, SOCARIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TERRAGAME HOLDING

The shares are held by B.A.D. 21 (19.9%) and SOCARIS (5.8%). It owns 67% of TERRAGAME WATERLOO and TERRAGAME itself.

Directors

According to the 2023 annual accounts

since 2020 · until 2026

WALLIMAGE SA

Director · represented by Vincent WATTIEZ

Also active at: NEUROMEDIA SOFTWARE, "SWARMS ENTERTAINMENT", FISHING CACTUS

since 2020 · until 2026

ISMAEL BHIRI

Director

since 2020 · until 2026

SOPHIAN BHIRI

Director

since 2020 · until 2026

Shareholders

B.A.D. 21

19.9%

SOCARIS

5.8%

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Route de Saussin,Spy 45

5190 Jemeppe-sur-Sambre

2.280.514.144

Rue de Tillier, March. 21

5380 Fernelmont

Active since 31 July 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0700.541.225
VAT number
BE 0700.541.225
Registered office
Route de Saussin,Spy 45, 5190 Jemeppe-sur-Sambre
Names & denominations
TERRAGAME HOLDING
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
31 July 2018
Peppol
Not registered

Frequently asked questions

What is the address of TERRAGAME HOLDING?
The registered office of TERRAGAME HOLDING is located at Route de Saussin,Spy 45, 5190 Jemeppe-sur-Sambre.
Is TERRAGAME HOLDING still active?
No. The CBE lists TERRAGAME HOLDING with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is TERRAGAME HOLDING registered on Peppol?
No, TERRAGAME HOLDING is currently not registered on the Peppol network.
What is the enterprise number of TERRAGAME HOLDING?
The enterprise number of TERRAGAME HOLDING is BE0700541225.
When was TERRAGAME HOLDING founded?
TERRAGAME HOLDING was founded on 31 July 2018.
Who owns TERRAGAME HOLDING?
The shares are held by B.A.D. 21 (19.9%) and SOCARIS (5.8%). It owns 67% of TERRAGAME WATERLOO and TERRAGAME itself.