Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
Financials
Financial year 2024
IL Terra & Projects from Lierde, company number BE0737992727, closed financial year 2024 with a result of € -47,688 after tax. For that financial year IL Terra & Projects recorded a gross margin of € -2,585 and equity of € 33,060. Compared with financial year 2023, the result moved from € -7,790 to € -47,688. The company made a loss. The buffer shrank hard: equity is 59 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2024.
€ 33,060
▼ 59% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,688
▼ 512 % more loss than in 2023
Profit after tax over the fiscal year.
€ 265
▼ 82% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28,060.
Debts at end 2024
€ 575,000
Loans from banks and other lenders, long and short.
€ 141
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 19,985 | € -2,585 | ▼ € 22,570 |
| Profit after taxes | € -7,790 | € -47,688 | ▼ € 39,897 |
| Equity | € 80,747 | € 33,060 | ▼ 59% |
| Total debts | € 793,729 | € 828,212 | ▲ 4% |
| Cash | € 1,470 | € 265 | ▼ 82% |
| Retained profit | € 75,747 | € 28,060 | ▼ 63% |
| Bank debt | € 575,000 | € 575,000 | |
| Balance sheet total | € 874,477 | € 861,272 | ▼ 2% |
Key figures of IL Terra & Projects, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to IL Terra & Projects?
What happened at IL Terra & Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 47,688. Source: NBB ↗
- Ines Eeman became a director. NBB
- Erik Leurs stepped down as director. NBB
- New establishment in Lierde. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,790 loss in 2023 to € 47,688 loss in 2024.
Management
Behind IL Terra & Projects are Lesley De Ville and Ines Eeman. The same people are also behind IL DESIGN & PROJECTS. Ines Eeman is also behind Orva Land, A-ID ARCHITECTEN and ARCHITECTENBURO EEMAN INES.
Directors
According to the 2024 annual accounts
Ines Eeman
Manager
Also active at: IL DESIGN & PROJECTS, Orva Land, A-ID ARCHITECTEN, ARCHITECTENBURO EEMAN INES
since 2024
· until 2024
Establishments
Establishment units
Physical locations of this company
Langestraat 17
9570 Lierde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0737.992.727
- VAT number
- BE 0737.992.727
- Registered office
- Langestraat 17, 9570 Lierde
- Names & denominations
- IL Terra & Projects
- Enterprise type
- Rechtspersoon
- Legal form
- General partnership
- Legal situation
- Normale toestand
- Start date
- 24 November 2019
- Peppol
- Active · Active since 20 Nov 2020