Financials
Financial year 2025
TERRAS - DECOR from Zulte, company number BE0418096031, closed financial year 2025 with a result of € 56,404 after tax. For that financial year TERRAS - DECOR recorded a gross margin of € 750,977 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 166,165 to € 56,404. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 1.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,404
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 201,656
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.6 million.
People and assets in 2025
9.2
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 549,610
▲ 8% vs 2024
€ 59,700 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.
€ 132,632
▼ 37% vs 2024
Of which on lease € 13,878.
Debts at end 2025
€ 23,880
▼ 69% vs 2024
Loans from banks and other lenders, long and short.
€ 131,458
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,328
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 614,919 | € 1,064,558 | € 876,892 | € 750,977 | ▼ 14% |
| Profit after taxes | € 28,176 | € 128,615 | € 166,165 | € 56,404 | ▼ 66% |
| Equity | € 1,573,941 | € 1,702,557 | € 1,868,721 | € 1,925,125 | ▲ 3% |
| Total debts | € 997,851 | € 607,797 | € 468,045 | € 396,915 | ▼ 15% |
| Cash | € 741,323 | € 360,829 | € 130,296 | € 201,656 | ▲ 55% |
| Retained profit | € 1,228,951 | € 1,357,567 | € 1,523,731 | € 1,580,135 | ▲ 4% |
| Bank debt | € 217,518 | € 133,591 | € 76,489 | € 23,880 | ▼ 69% |
| Balance sheet total | € 2,571,792 | € 2,310,354 | € 2,336,767 | € 2,322,040 | ▼ 1% |
| Employees (FTE) | 9.6 | 9 | 8.8 | 9.2 | ▲ 0.4 |
Key figures of TERRAS - DECOR, 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 TERRAS - DECOR?
What happened at TERRAS - DECOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Inter-Decor NV stepped down as director. NBB
- Pascal Verbeke stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 56,404 (▼ 66% vs 2024). Source: NBB ↗
- Inter-Decor NV became a director. NBB
- Pascal Verbeke became a director. NBB
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,176 profit in 2022 to € 56,404 profit in 2025.
Paid € 118,961 in corporate taxes since 2022.
Best year ever: 2024, with € 166,165 profit.
On average € 81,600 of value added per employee in 2025.
Management
The stake of Inter-Decor comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERRAS - DECORThe shares are held by Inter-Decor (37.4%).
Directors
According to the 2025 annual accounts
Managing director · represented by Anja Goemaere
since 2024 · until 2030
since 2024 · until 2030
Shareholders
37.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Staatsbaan 278
9870 Zulte
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HOASTED, NL
Website info
Features
Security
Details
- Company number
- 0418.096.031
- VAT number
- BE 0418.096.031
- Registered office
- Staatsbaan 278, 9870 Zulte
- Names & denominations
- TERRAS - DECOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 1978
- Peppol
- Active · Active since 7 Oct 2025
- Contact
- terrasdecor.be
- Activities · NACE
Vervaardiging van metalen deuren en vensters
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden