Active · per the CBE, 30 September 2026

TERVAETE

BE0450668235

Rechtspersoon Public limited company 1 establishment

TERVAETE is a farm in Etterbeek. Public Limited, started on 4 August 1993, 1 establishment.

Tervatestraat 46, 1040 Etterbeek

Active for

33 year, 1 month

Warning lights

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

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Figures corrected NBB

    Corrected annual account filed for 2022.

Financials

Financial year 2025

TERVAETE from Etterbeek, company number BE0450668235, closed financial year 2025 with a result of € 1,188 after tax. For that financial year TERVAETE recorded a gross margin of € 17,351 and equity of € -26,738. Compared with financial year 2024, the result moved from € 2,758 to € 1,188. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.

What it is worth Caution

€ -26,738

▲ € 1,188 vs 2024

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

Profit Healthy

€ 1,188

▼ 57% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 18,764

▼ 11% 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 € -88,738.

People and assets in 2025

Vehicles and equipment

€ 693

▼ 86% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 years to go

€ 95,040

▼ 10% vs 2024

€ 8,919 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 2,105

▼ 24% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 59,384 € 57,079 € 45,223 -
Gross margin € 39,055 € 27,227 € 22,246 € 17,351 ▼ 22%
Profit after taxes € 21,527 € 5,103 € 2,758 € 1,188 ▼ 57%
Equity € -35,787 € -30,684 € -27,926 € -26,738 ▲ € 1,188
Total debts € 147,920 € 127,398 € 111,061 € 97,654 ▼ 12%
Cash € 38,391 € 33,811 € 21,147 € 18,764 ▼ 11%
Land & buildings € 39,413 € 40,513 € 50,347 € 47,374 ▼ 6%
Retained profit € -97,787 € -92,684 € -89,926 € -88,738 ▲ € 1,188
Bank debt € 135,280 € 120,711 € 105,846 € 95,040 ▼ 10%
Balance sheet total € 112,133 € 96,714 € 83,135 € 70,916 ▼ 15%

Key figures of TERVAETE, 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 TERVAETE?

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

  • New annual accounts for financial year 2025: profit of € 1,188 (▼ 57% vs 2024). Source: NBB ↗
  • New establishment in Yvoir. KBO
  • Start of the company according to the CBE. KBO

In short

From € 21,527 profit in 2022 to € 1,188 profit in 2025.

Paid € 8,495 in corporate taxes since 2022.

Best year ever: 2022, with € 21,527 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Tervatestraat 46

1040 Etterbeek

2.063.213.952

Blocqmont 5 box C

5530 Yvoir

Active since 24 August 1993

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
0450.668.235
VAT number
BE 0450.668.235
Registered office
Tervatestraat 46, 1040 Etterbeek
Names & denominations
TERVAETE
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
4 August 1993
Peppol
Active · Active since 17 Jul 2026
Activities · NACE

Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden

Projectontwikkeling voor woningbouw

Ontwikkeling van residentiële bouwprojecten

Frequently asked questions

What does TERVAETE do?
TERVAETE is a farm in Etterbeek. Public Limited, started on 4 August 1993, 1 establishment.
What is the address of TERVAETE?
The registered office of TERVAETE is located at Tervatestraat 46, 1040 Etterbeek.
Is TERVAETE still active?
Yes. According to the CBE (30 September 2026) TERVAETE is active, legal situation “Normale toestand”, started on 4 August 1993.
Is TERVAETE registered on Peppol?
Yes, TERVAETE is registered on the Peppol network with ID 0208:0450668235.
What is the enterprise number of TERVAETE?
The enterprise number of TERVAETE is BE0450668235.
When was TERVAETE founded?
TERVAETE was founded on 4 August 1993.