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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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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 31 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
107 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
TERRE & FEU from Ukkel, company number BE0402948490, closed financial year 2024 with a result of € -186 after tax. For that financial year TERRE & FEU recorded a gross margin of € 41,948 and equity of € -63,319. Compared with financial year 2023, the result moved from € -39,209 to € -186. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ -63,319
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -186
▲ 100 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,818
▼ 84% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -659,445.
People and assets in 2024
€ 2,285
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 672,700
▼ 4% vs 2023
Loans from banks and other lenders, long and short.
€ 29,512
▼ 71% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -10,563 | € -23,219 | € 41,762 | € 41,948 | |
| Profit after taxes | € -72,460 | € -82,626 | € -39,209 | € -186 | ▲ € 39,023 |
| Equity | € 58,702 | € -23,924 | € -63,133 | € -63,319 | |
| Total debts | € 1,119,525 | € 1,173,881 | € 1,220,847 | € 1,172,369 | ▼ 4% |
| Cash | € 5,873 | € 3,966 | € 11,131 | € 1,818 | ▼ 84% |
| Land & buildings | € 678,467 | € 652,043 | € 625,620 | € 599,196 | ▼ 4% |
| Retained profit | € -537,424 | € -620,050 | € -659,259 | € -659,445 | |
| Bank debt | € 704,067 | € 700,452 | € 701,318 | € 672,700 | ▼ 4% |
| Balance sheet total | € 1,272,433 | € 1,244,163 | € 1,251,920 | € 1,203,256 | ▼ 4% |
Key figures of TERRE & FEU, fiscal years 2021 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 31 July 2026.
What happened to TERRE & FEU?
What happened at TERRE & FEU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TONY ZAKHIA BOUTROS NAKHLE stepped down as director. NBB
- Denis LEDDET stepped down as director. NBB
- Dominique LEDDET stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 186. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Sint-Jans-Molenbeek. KBO
In short
From € 72,460 loss in 2021 to € 186 loss in 2024.
Paid € 1,078 in corporate taxes since 2021.
Management
Directors
According to the 2024 annual accounts
TONY ZAKHIA BOUTROS NAKHLE
Director
· until 2028
· until 2028
· until 2028
Establishments
Establishment units
Physical locations of this company
Kersbeeklaan 308
1180 Ukkel
Edingenstraat 18/20
1080 Sint-Jans-Molenbeek
Active since 1 February 1952
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 107 companies are registered at this address.
All companies at this address →qabirim
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+102 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.948.490
- VAT number
- BE 0402.948.490
- Registered office
- Kersbeeklaan 308, 1180 Ukkel
- Names & denominations
- TERRE & FEU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1952
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- codume.com [email protected] 02/5106030