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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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
yara tertre sa/nv from Saint-Ghislain, company number BE0403045490, closed financial year 2025 with a result of € -43.2 million after tax. For that financial year yara tertre sa/nv recorded revenue of € 308.5 million and equity of € 127.1 million. Compared with financial year 2024, the result moved from € 3.8 million to € -43.2 million. 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 June 4, 2026.
€ 127.1 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43.2 million
▼ still € 3.8 million profit in 2024
Profit after tax over the fiscal year.
€ 1,200
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -260.6 million.
People and assets in 2025
288.8
▼ 21.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 33.3 million
▼ 3% vs 2024
€ 115,300 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 31.8 million
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 9.4 million
▲ 76% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 722,167,044 | € 292,766,391 | € 292,021,047 | € 308,482,672 | ▲ 6% |
| Profit after taxes | € -25,285,598 | € -230,310,740 | € 3,806,004 | € -43,181,918 | ▼ € 47 million |
| Equity | € 396,998,209 | € 166,469,094 | € 170,264,833 | € 127,074,233 | ▼ 25% |
| Total debts | € 68,237,822 | € 54,005,214 | € 64,581,680 | € 76,001,346 | ▲ 18% |
| Cash | € 1,200 | € 1,200 | € 1,200 | € 1,200 | |
| Land & buildings | € 2,579,741 | € 2,108,199 | € 1,480,062 | € 1,250,315 | ▼ 16% |
| Retained profit | € 9,134,506 | € -221,176,234 | € -217,370,230 | € -260,552,148 | ▼ € 43.2 million |
| Balance sheet total | € 517,994,554 | € 272,014,318 | € 312,810,590 | € 277,727,787 | ▼ 11% |
| Employees (FTE) | 314.2 | 319.2 | 310.7 | 288.8 | ▼ 21.9 |
Key figures of yara tertre sa/nv, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to yara tertre sa/nv?
What happened at yara tertre sa/nv in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank DE VOGELAERE stepped down as director. NBB
- Christiaan RIJKSEN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 43.2 million (▼ € 47 million vs 2024). Source: NBB ↗
- Frank DE VOGELAERE became a director. NBB
- Christiaan RIJKSEN became a director. NBB
- New establishment in Saint-Ghislain. KBO
- Start of the company according to the CBE. KBO
In short
From € 25.3 million loss in 2022 to € 43.2 million loss in 2025.
Paid € 4.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.8 million profit.
Pays suppliers within 43 days on average.
Management
The shares are held by YARA BELGIUM SA (100%) and YARA NEDERLAND BV. It owns 100% of BATTAILLE SA, 99.4% of SGA SA (ex Cobelaz), 50% of SECO SA and 49% of CETPROBEL SA itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2024 · until 2030
Shareholders
100%
YARA NEDERLAND BV
Participations
Establishments
Establishment units
Physical locations of this company
Rue de la Carbo(T) 10
7333 Saint-Ghislain
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BATTAILLE same network
€ 13.4 million revenue · 2025
SOCIETE DE GESTION D'ACTIFS same network
€ 169,500 revenue · 2025
OFP Fonds de Pension YARA Tertre
A.S.B.L. CAISSE D'ENTRAIDE EMPLOYES YARA TERTRE
Groupe TVA YARA Belgique
+1 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
- 0403.045.490
- VAT number
- BE 0403.045.490
- Registered office
- Rue de la Carbo(T) 10, 7333 Saint-Ghislain
- Names & denominations
- yara tertre sa/nv
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1926
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
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