Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 17.2 to 15.
-
Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TRI - TERRE from Herstal, company number BE0427618560, closed financial year 2025 with a result of € -738,229 after tax. For that financial year TRI - TERRE recorded a gross margin of € 700,583 and equity of € 818,943. Compared with financial year 2024, the result moved from € -331,103 to € -738,229. The company made a loss. The buffer shrank hard: equity is 51 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 818,943
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -738,229
▼ 123 % more loss than in 2024
Profit after tax over the fiscal year.
€ 59,141
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 385,206.
People and assets in 2025
15
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 670,564
▲ 2% vs 2024
€ 44,700 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.
€ 670,180
▼ 14% vs 2024
Of which on lease € 667,455.
Debts at end 2025
€ 749,599
▼ 14% vs 2024
€ 143,539 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.6 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 113,438
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 709,072 | € 984,567 | € 693,206 | € 700,583 | ▲ 1% |
| Profit after taxes | € -226,151 | € -176,915 | € -331,103 | € -738,229 | ▼ € 407,126 |
| Equity | € 2,066,614 | € 2,009,203 | € 1,675,315 | € 818,943 | ▼ 51% |
| Total debts | € 3,615,861 | € 1,949,381 | € 2,716,279 | € 2,496,252 | ▼ 8% |
| Cash | € 572,867 | € 676,008 | € 307,829 | € 59,141 | ▼ 81% |
| Land & buildings | € 135,311 | € 153,883 | € 218,569 | € 201,475 | ▼ 8% |
| Retained profit | € 1,631,453 | € 1,454,538 | € 1,123,435 | € 385,206 | ▼ 66% |
| Bank debt | € 974,370 | € 967,028 | € 874,277 | € 749,599 | ▼ 14% |
| Balance sheet total | € 5,682,475 | € 3,958,584 | € 4,391,594 | € 3,315,196 | ▼ 25% |
| Employees (FTE) | 17.9 | 17.2 | 15.9 | 15 | ▼ 0.9 |
Key figures of TRI - 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 TRI - TERRE?
What happened at TRI - 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 € 738,229. filed late Source: NBB ↗
- François MALAISE stepped down as director. NBB
- William WAUTERS stepped down as director. NBB
- Luc DETHIER stepped down as director. NBB
- Samuel HEURION stepped down as director. NBB
- Nadji SITTOUT stepped down as director. NBB
- New establishment in Herstal. KBO
- François MALAISE became a director. NBB
In short
From € 226,151 loss in 2022 to € 738,229 loss in 2025.
Paid € 812 in corporate taxes since 2022.
On average € 46,700 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 23.1% of Récol'Terre sces itself.
Directors
According to the 2025 annual accounts
François MALAISE
Director
Also active at: TERRE asbl, PAN-TERRE, RECOL'TERRE, IMMOTERRE, BatiTerre, Groupe Terre asbl, TerTex
since 2020 · until 2026
since 2020 · until 2026
Luc DETHIER
Director
since 2020 · until 2026
since 2020 · until 2026
Nadji SITTOUT
Director
since 2020 · until 2026
Shareholders
Participations
23.1%
Establishments
Establishment units
Physical locations of this company
Rue de Milmort 690
4040 Herstal
Parc Ind. des Hauts Sarts, 4e av 45
4040 Herstal
Active since 18 November 1985
Rue de Hermée 175
4040 Herstal
Active since 1 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →TERRE asbl same network
€ 14.2 million revenue · 2025
PAN-TERRE same network
€ 599,618 gross margin · 2025
RECOL'TERRE same network
€ 2.5 million gross margin · 2025
IMMOTERRE same network
€ 27,321 gross margin · 2025
UNITE TVA CONSORTIUM TERRE
+5 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
- 0427.618.560
- VAT number
- BE 0427.618.560
- Registered office
- Rue de Milmort 690, 4040 Herstal
- Names & denominations
- TRI - TERRE
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 28 June 1985
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Overige maatschappelijke dienstverlening zonder huisvesting, n.e.g.
Andere vormen van maatschappelijke dienstverlening zonder huisvesting, neg
Terugwinning van materialen uit afval
Recycling van niet-metaalafval
Terugwinning van inerte afvalstoffen