Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 11.4 million
▲ 7% vs 2024
Profit
Growing€ 196,292
▲ 578% vs 2024
Debts
Low€ 54.9 million
▼ 9% vs 2024
TERRA2 from Kortemark, company number BE0445949778, closed financial year 2025 with a result of € 196,292 after tax. For that financial year TERRA2 recorded revenue of € 11.4 million and equity of € 44.1 million. Compared with financial year 2024, the result moved from € 28,947 to € 196,292. Profitable, and profit is growing. 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 4, 2026.
What happened at TERRA2?
What happened at TERRA2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 196,292 (▲ 578% vs 2024). Source: NBB ↗
- De Beide Vlaanderen NV became a director. NBB
- New establishment in Gent. KBO
- New establishment in Kortemark. KBO
- New establishment in Brugge. KBO
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2021 to € 196,292 profit in 2025.
Paid € 1.4 million in corporate taxes since 2021.
Best year ever: 2022, with € 15.7 million profit.
Pays suppliers within 6 days on average.
A new publication or filing at TERRA2? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind TERRA2 is De Beide Vlaanderen NV. It owns 100% of Vlasmeers², 100% of Wolveld² and 50% of Leffinge Land itself.
Directors
According to the 2025 annual accounts
Director · represented by Wim Verhaeghe
Also active at: WOLVELD², STATIEHUIS, VLASMEERS² +3 more
since 2021
Establishments
Establishment units
Physical locations of this company
Den Triangel 2
8610 Kortemark
Vijfwegenstraat 61
8800 Roeselare
Active since 17 January 1992
Gustaaf Callierlaan 74 box 1
9000 Gent
Active since 1 January 2006
Leopold II-laan 24
8000 Brugge
Active since 1 January 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
De Beide Vlaanderen same network
€ 4.6 million revenue · 2025
WOLVELD² same network
€ 0 revenue · 2025
KLARIBO
€ 75,048 gross margin · 2025
STATIEHUIS same network
€ 426,102 revenue · 2025
VLASMEERS² same network
€ -2,805 gross margin · 2025
+5 more
Details
- Company number
- 0445.949.778
- VAT number
- BE 0445.949.778
- Registered office
- Den Triangel 2, 8610 Kortemark
- Names & denominations
- TERRA2
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1991
- Peppol
- Active · Active since 6 Jun 2025
- Activities · NACE
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