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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
TERRA MARIS from Zele, company number BE0459961429, closed financial year 2025 with a result of € -108,484 after tax. For that financial year TERRA MARIS recorded a gross margin of € -47,281 and equity of € 2 million. Compared with financial year 2024, the result moved from € 135,073 to € -108,484. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 2 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -108,484
▼ still € 135,073 profit in 2024
Profit after tax over the fiscal year.
€ 319,758
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
People and assets in 2025
€ 61,984
▲ € 61,540 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 61
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,300
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 238,549 | € -63,674 | € 163,416 | € -47,281 | ▼ € 210,697 |
| Profit after taxes | € 162,238 | € -68,482 | € 135,073 | € -108,484 | ▼ € 243,557 |
| Equity | € 2,376,537 | € 1,930,055 | € 2,065,128 | € 1,956,644 | ▼ 5% |
| Total debts | € 53,021 | € 398,022 | € 526,347 | € 23,446 | ▼ 96% |
| Cash | € 1,489,890 | € 1,091,209 | € 282,447 | € 319,758 | ▲ 13% |
| Land & buildings | € 634,739 | € 634,739 | € 562,298 | € 551,086 | ▼ 2% |
| Retained profit | € 2,364,082 | € 1,917,600 | € 2,052,673 | € 1,944,188 | ▼ 5% |
| Dividend | € 0 | € 378,000 | € 0 | € 0 | |
| Balance sheet total | € 2,429,558 | € 2,328,078 | € 2,591,475 | € 1,980,090 | ▼ 24% |
Key figures of TERRA MARIS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to TERRA MARIS?
What happened at TERRA MARIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 108,484 (▼ € 243,557 vs 2024). Source: NBB ↗
- New establishment in Zele. KBO
- Start of the company according to the CBE. KBO
- Geert Frans Van Vreckem became a director. NBB
In short
From € 162,238 profit in 2022 to € 108,484 loss in 2025.
Paid € 105,757 in corporate taxes since 2022.
Best year ever: 2022, with € 162,238 profit.
Paid out € 378,000 in dividends to the owners in total.
Management
Behind TERRA MARIS is Geert Frans Van Vreckem.
Directors
According to the 2025 annual accounts
Geert Frans Van Vreckem
Director
since 1997
Establishments
Establishment units
Physical locations of this company
Dokter Armand Rubbensstraat 2
9240 Zele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.961.429
- VAT number
- BE 0459.961.429
- Registered office
- Dokter Armand Rubbensstraat 2, 9240 Zele
- Names & denominations
- TERRA MARIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 1997
- Peppol
- Not registered