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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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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TERBASSENWEI from Koekelare, company number BE0406109306, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year TERBASSENWEI recorded a gross margin of € 3 million and equity of € 67.2 million. Compared with financial year 2024, the result moved from € 7.3 million to € 1.7 million. The company is profitable. 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 17, 2026.
€ 67.2 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 463,151
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 28.8 million
▲ 7% vs 2024
€ 5.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 273,267
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 124,538
▼ 56% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,402,009 | € 3,757,497 | € 10,053,210 | € 2,986,105 | ▼ 70% |
| Profit after taxes | € 1,483,517 | € 2,669,788 | € 7,306,948 | € 1,702,521 | ▼ 77% |
| Equity | € 61,492,563 | € 64,162,351 | € 71,469,299 | € 67,171,820 | ▼ 6% |
| Total debts | € 32,161,873 | € 30,847,100 | € 27,723,048 | € 29,422,090 | ▲ 6% |
| Cash | € 712,091 | € 1,480,677 | € 481,566 | € 463,151 | ▼ 4% |
| Land & buildings | € 36,199,298 | € 36,757,635 | € 37,879,692 | € 40,314,930 | ▲ 6% |
| Retained profit | € 61,427,563 | € 64,097,351 | € 71,404,299 | € 67,106,820 | ▼ 6% |
| Dividend | € 0 | € 0 | € 0 | € 6,000,000 | |
| Bank debt | € 31,688,186 | € 30,132,457 | € 26,893,187 | € 28,785,601 | ▲ 7% |
| Balance sheet total | € 94,171,216 | € 95,531,320 | € 101,291,579 | € 98,599,948 | ▼ 3% |
Key figures of TERBASSENWEI, 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 TERBASSENWEI?
What happened at TERBASSENWEI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pollet Medical Group nv stepped down as director. NBB
- Smardix bv stepped down as director. NBB
- Jacques Pollet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 77% vs 2024). Source: NBB ↗
- Pollet Medical Group nv became a director. NBB
- Smardix bv became a director. NBB
- Jacques Pollet became a director. NBB
- New establishment in Koekelare. KBO
In short
From € 1.5 million profit in 2022 to € 1.7 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 7.3 million profit.
Paid out € 6 million in dividends to the owners in total.
Management
The stake of POLLET WATER GROUP, POLLET GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERBASSENWEIThe shares are held by POLLET WATER GROUP (100%) and POLLET GROUP (100%). It owns 100% of Terbassenwei Ireland Ltd, 100% of Terbassenwei Italia srl, 100% of Terbassenwei Nederland bv, 100% of Neas, 100% of TBW Swiss and 100% of TBW Czech itself.
Directors
According to the 2025 annual accounts
Director · represented by Sofie POLLET
Also active at: STERIMA, HEMOTECH BELUX, Sterima Medical & Logistic Services Liège, Integrated Service Solutions Hospitals
since 2024 · until 2030
Managing director · represented by Dimitri TAILLIEU
Also active at: STERIMA, EURAQUA-EUROPE, UNIMID, PPG Belgium, ALTRANS, POLLET GROUP, MICRON, SUKO +14 more
since 2024 · until 2030
since 2024 · until 2030
Shareholders
100%
100%
Establishments
Establishment units
Physical locations of this company
Brouwerijstraat 14
8680 Koekelare
Noordomstraat -
8680 Koekelare
Active since 20 February 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →UNIMID same network
€ -249,093 gross margin · 2025
PPG Belgium same network
€ 33.4 million revenue · 2025
ALTRANS same network
€ 824,938 gross margin · 2025
POLLET GROUP same network
€ 7.8 million revenue · 2025
BAYARD EUROPE
€ 1.4 million gross margin · 2025
+12 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
- 0406.109.306
- VAT number
- BE 0406.109.306
- Registered office
- Brouwerijstraat 14, 8680 Koekelare
- Names & denominations
- TERBASSENWEI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 1969
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed