What does TERWINGEN do?

TERWINGEN is an electrical contractor in Lanaken. Private Limited, started on 10 April 1987, 1 establishment.

What is the address of TERWINGEN?

The registered office of TERWINGEN is located at Europark 131, 3620 Lanaken.

Is TERWINGEN still active?

Yes. According to the CBE (29 October 2026) TERWINGEN is active, legal situation “Normale toestand”, started on 10 April 1987.

Is TERWINGEN registered on Peppol?

Yes, TERWINGEN is registered on the Peppol network with ID 0208:0430956845.

What is the enterprise number of TERWINGEN?

The enterprise number of TERWINGEN is BE0430956845.

When was TERWINGEN founded?

TERWINGEN was founded on 10 April 1987.

Who are the directors of TERWINGEN?

According to the 2025 annual accounts, the directors of TERWINGEN are: Peter Terwingen.

Is TERWINGEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 April 1987; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did TERWINGEN make in 2025?

TERWINGEN posted a profit after taxes of € 16,865 in financial year 2025.

What is the revenue of TERWINGEN?

As a small company, TERWINGEN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 49,307.

TERWINGEN (Private Limited) - Lanaken - BE0430956845

Dossier TERWINGEN, printed on 29 October 2026 from databakkes.be/en/0430956845/terwingen. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TERWINGEN from Lanaken, company number BE0430956845, closed financial year 2025 with a result of € 16,865 after tax. For that financial year TERWINGEN recorded a gross margin of € 49,307 and equity of € 131,828. Compared with financial year 2024, the result moved from € 26,403 to € 16,865. 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 June 30, 2026.

What it is worth Growing

€ 131,828

▲ 15% vs 2024

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

Profit Healthy

€ 16,865

▼ 36% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 25,399

▲ 47% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 61,828.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 84 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 84

▼ 57% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 6,526

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 36,750

▼ 16% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 5,843

▼ 22% vs 2024

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

Taxes and wages

€ 11,051

▲ 79% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 66,355 Gross margin 2022: € 66,355 First fiscal year in the series	€ 37,748 Gross margin 2023: € 37,748 ▼ 43% vs 2022 (€ 66,355) Unfavourable step	€ 41,764 Gross margin 2024: € 41,764 ▲ 11% vs 2023 (€ 37,748) Favourable step	€ 49,307 Gross margin 2025: € 49,307 ▲ 18% vs 2024 (€ 41,764) Favourable step	▲ 18%
Profit after taxes	€ 20,129 Profit after taxes 2022: € 20,129 First fiscal year in the series	€ 13,790 Profit after taxes 2023: € 13,790 ▼ 31% vs 2022 (€ 20,129) Unfavourable step	€ 26,403 Profit after taxes 2024: € 26,403 ▲ 91% vs 2023 (€ 13,790) Favourable step	€ 16,865 Profit after taxes 2025: € 16,865 ▼ 36% vs 2024 (€ 26,403) Unfavourable step	▼ 36%
Equity	€ 74,770 Equity 2022: € 74,770 First fiscal year in the series	€ 88,560 Equity 2023: € 88,560 ▲ 18% vs 2022 (€ 74,770) Favourable step	€ 114,963 Equity 2024: € 114,963 ▲ 30% vs 2023 (€ 88,560) Favourable step	€ 131,828 Equity 2025: € 131,828 ▲ 15% vs 2024 (€ 114,963) Favourable step	▲ 15%
Total debts	€ 86,071 Total debts 2022: € 86,071 First fiscal year in the series	€ 71,432 Total debts 2023: € 71,432 ▼ 17% vs 2022 (€ 86,071) Favourable step	€ 59,695 Total debts 2024: € 59,695 ▼ 16% vs 2023 (€ 71,432) Favourable step	€ 54,804 Total debts 2025: € 54,804 ▼ 8% vs 2024 (€ 59,695) Favourable step	▼ 8%
Cash	€ 3,129 Cash 2022: € 3,129 First fiscal year in the series	€ 12,308 Cash 2023: € 12,308 ▲ 293% vs 2022 (€ 3,129) Favourable step	€ 17,311 Cash 2024: € 17,311 ▲ 41% vs 2023 (€ 12,308) Favourable step	€ 25,399 Cash 2025: € 25,399 ▲ 47% vs 2024 (€ 17,311) Favourable step	▲ 47%
Land & buildings	€ 116,988 Land & buildings 2022: € 116,988 First fiscal year in the series	€ 103,241 Land & buildings 2023: € 103,241 ▼ 12% vs 2022 (€ 116,988) Unchanged	€ 106,001 Land & buildings 2024: € 106,001 ▲ 3% vs 2023 (€ 103,241) Unchanged	€ 100,601 Land & buildings 2025: € 100,601 ▼ 5% vs 2024 (€ 106,001) Unchanged	▼ 5%
Retained profit	€ -10,230 Retained profit 2022: € -10,230 First fiscal year in the series	€ 8,560 Retained profit 2023: € 8,560 ▲ € 18,790 vs 2022 (€ -10,230) Favourable step	€ 39,963 Retained profit 2024: € 39,963 ▲ € 31,403 vs 2023 (€ 8,560) Favourable step	€ 61,828 Retained profit 2025: € 61,828 ▲ 55% vs 2024 (€ 39,963) Favourable step	▲ 55%
Bank debt	€ 70,250 Bank debt 2022: € 70,250 First fiscal year in the series	€ 57,250 Bank debt 2023: € 57,250 ▼ 19% vs 2022 (€ 70,250) Favourable step	€ 43,750 Bank debt 2024: € 43,750 ▼ 24% vs 2023 (€ 57,250) Favourable step	€ 36,750 Bank debt 2025: € 36,750 ▼ 16% vs 2024 (€ 43,750) Favourable step	▼ 16%
Balance sheet total	€ 160,841 Balance sheet total 2022: € 160,841 First fiscal year in the series	€ 159,992 Balance sheet total 2023: € 159,992 ▼ 1% vs 2022 (€ 160,841) Unchanged	€ 174,658 Balance sheet total 2024: € 174,658 ▲ 9% vs 2023 (€ 159,992) Unchanged	€ 186,632 Balance sheet total 2025: € 186,632 ▲ 7% vs 2024 (€ 174,658) Unchanged	▲ 7%

Key figures of TERWINGEN, 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 TERWINGEN?

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

Jun 30, 2026 New annual accounts for financial year 2025: profit of € 16,865 (▼ 36% vs 2024). Source: NBB ↗
2023 Peter Terwingen became a director. NBB
May 27, 1987 New establishment in Lanaken. KBO
Apr 10, 1987 Start of the company according to the CBE. KBO

In short

From € 20,129 profit in 2022 to € 16,865 profit in 2025.

Paid € 11,878 in corporate taxes since 2022.

Best year ever: 2024, with € 26,403 profit.

Original PDFs at the National Bank ↗

Management

Peter Terwingen

TERWINGEN

Behind TERWINGEN is Peter Terwingen.

Directors

According to the 2025 annual accounts

Peter Terwingen

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Europark 131

3620 Lanaken

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0430.956.845

VAT number

BE 0430.956.845

Registered office

Europark 131, 3620 Lanaken

Names & denominations

TERWINGEN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 April 1987

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

TERWINGEN

Financials

What happened to TERWINGEN?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions