Active · per the CBE, 30 October 2026

CO-TERRE

BE0423184076

Rechtspersoon Cooperative company 2 establishments

CO-TERRE is a joiner in Herstal. Cooperative, started on 19 November 1982, 2 establishments.

Prolongement de l'Abbaye 25, 4040 Herstal

Active for

43 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Shrinking team NBB

    FTE fell two years in a row, from 15.7 to 12.8.

Financials

Financial year 2025

CO-TERRE from Herstal, company number BE0423184076, closed financial year 2025 with a result of € -72,212 after tax. For that financial year CO-TERRE recorded a gross margin of € 705,667 and equity of € 332,718. Compared with financial year 2024, the result moved from € 40,523 to € -72,212. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.

What it is worth Healthy

€ 332,718

▼ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -72,212

▼ still € 40,523 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 184,213

▼ 3% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 7,718.

People and assets in 2025

Full-time equivalents

12.8

▼ 2.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 644,703

▼ 16% vs 2024

€ 50,400 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.

Vehicles and equipment

€ 166,697

▲ 19% vs 2024

Of which on lease € 143,791.

Debts at end 2025

Bank debt ≈ 7 years to go

€ 813,619

▼ 4% vs 2024

€ 114,934 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 309,302

▲ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 124,688

▼ 23% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 700,944 € 784,352 € 954,208 € 705,667 ▼ 26%
Profit after taxes € 65,530 € 33,202 € 40,523 € -72,212 ▼ € 112,735
Equity € 331,205 € 364,406 € 404,930 € 332,718 ▼ 18%
Total debts € 367,022 € 653,304 € 1,259,777 € 1,250,304 ▼ 1%
Cash € 186,069 € 283,254 € 189,109 € 184,213 ▼ 3%
Retained profit € 6,205 € 39,406 € 79,930 € 7,718 ▼ 90%
Bank debt € 67,306 € 139,793 € 848,120 € 813,619 ▼ 4%
Balance sheet total € 698,226 € 1,017,710 € 1,664,706 € 1,583,022 ▼ 5%
Employees (FTE) 13.4 15.7 15.5 12.8 ▼ 2.7

Key figures of CO-TERRE, 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 CO-TERRE?

What happened at CO-TERRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 72,212 (▼ € 112,735 vs 2024). filed late Source: NBB ↗
  • Yves HODEIGE stepped down as director. NBB
  • Lucas Lehance stepped down as director. NBB
  • Didier FRANSOLET stepped down as director. NBB
  • François MALAISE stepped down as director. NBB
  • William WAUTERS stepped down as director. NBB
  • Charles-Antoine Kervyn stepped down as director. NBB
  • Yves HODEIGE became a director. NBB

In short

From € 65,530 profit in 2022 to € 72,212 loss in 2025.

Paid € 32,744 in corporate taxes since 2022.

Best year ever: 2022, with € 65,530 profit.

On average € 55,100 of value added per employee in 2025.

Management

The shares are held by GROUPE TERRE (100%), TERRE (0%) and FLEUR SERVICE SOCIAL (0%). It owns 100% of LES PLASTIQUES MANUFACTURES itself.

Directors

According to the 2025 annual accounts

Yves HODEIGE

Managing director

since 2020 · until 2026

Lucas Lehance

Director

since 2020 · until 2026

Didier FRANSOLET

Director

since 2020 · until 2026

François MALAISE

Chairman of the board

Also active at: Fleur Service social asbl, BatiTerre

since 2020 · until 2026

William WAUTERS

Andere functie

Also active at: TESS GEIE

since 2020 · until 2026

Charles-Antoine Kervyn

Director

Also active at: Les Plastiques Manufacturés

since 2020 · until 2026

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Prolongement de l'Abbaye 25

4040 Herstal

2.111.195.694

Rue Paul Henrard 10

6010 Charleroi

Active since 4 May 1990

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
0423.184.076
VAT number
BE 0423.184.076
Registered office
Prolongement de l'Abbaye 25, 4040 Herstal
Names & denominations
CO-TERRE
Enterprise type
Rechtspersoon
Legal form
Cooperative company
Legal situation
Normale toestand
Start date
19 November 1982
Peppol
Active · Active since 8 Jan 2026
Activities · NACE

Schrijnwerk

Verspanend bewerken van metalen

Installatie van isolatie

Reparatie en onderhoud van machines

Detailhandel in tweedehandskleding

Groothandel in andere consumentenartikelen, neg

Isolatiewerkzaamheden

Frequently asked questions

What does CO-TERRE do?
CO-TERRE is a joiner in Herstal. Cooperative, started on 19 November 1982, 2 establishments.
What is the address of CO-TERRE?
The registered office of CO-TERRE is located at Prolongement de l'Abbaye 25, 4040 Herstal.
Is CO-TERRE still active?
Yes. According to the CBE (30 October 2026) CO-TERRE is active, legal situation “Normale toestand”, started on 19 November 1982.
Is CO-TERRE registered on Peppol?
Yes, CO-TERRE is registered on the Peppol network with ID 0208:0423184076.
What is the enterprise number of CO-TERRE?
The enterprise number of CO-TERRE is BE0423184076.
When was CO-TERRE founded?
CO-TERRE was founded on 19 November 1982.