Financials
Financial year 2025
Decoratiewerken Karel Terrie from Kortrijk, company number BE0464305445, closed financial year 2025 with a result of € 77,051 after tax. For that financial year Decoratiewerken Karel Terrie recorded a gross margin of € 114,108 and equity of € 220,198. Compared with financial year 2023, the result moved from € 58,540 to € 77,051. 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 January 30, 2026.
€ 220,198
▲ 90% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,051
▲ 32% vs 2023
Profit after tax over the fiscal year.
€ 63,428
▲ 72% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 18,000 paid out
23 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,392
▲ € 22,910 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,598
▲ € 13,153 vs 2023
€ 6,664 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 21,818
▲ 20% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,819
▼ 54% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 47,536 | € 88,747 | € 114,108 | ▲ 29% |
| Profit after taxes | € 36,385 | € 58,540 | € 77,051 | ▲ 32% |
| Equity | € 75,397 | € 115,938 | € 220,198 | ▲ 90% |
| Total debts | € 51,841 | € 66,399 | € 67,235 | ▲ 1% |
| Cash | € 8,234 | € 36,843 | € 63,428 | ▲ 72% |
| Retained profit | € 66,713 | € 107,254 | € 209,654 | ▲ 95% |
| Dividend | € 18,000 | € 18,000 | € 18,000 | |
| Bank debt | € 5,782 | € 444 | € 13,598 | ▲ € 13,153 |
| Balance sheet total | € 127,238 | € 183,128 | € 287,908 | ▲ 57% |
Key figures of Decoratiewerken Karel Terrie, 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 January 2027.
What happened to Decoratiewerken Karel Terrie?
What happened at Decoratiewerken Karel Terrie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 77,051 (▲ 32% vs 2023). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Karel Terrie became a director. NBB
In short
From € 36,385 profit in 2022 to € 77,051 profit in 2025.
Paid € 56,202 in corporate taxes since 2022.
Best year ever: 2025, with € 77,051 profit.
Paid out € 54,000 in dividends to the owners in total.
A new publication or filing at Decoratiewerken Karel Terrie? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Decoratiewerken Karel Terrie is Karel Terrie.
Directors
According to the 2025 annual accounts
Karel Terrie
Director
since 1998
Establishments
Establishment units
Physical locations of this company
Spinnerijkaai(Kor) 15
8500 Kortrijk
Beeklaan(Kor) 20
8500 Kortrijk
Active since 22 October 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.305.445
- VAT number
- BE 0464.305.445
- Registered office
- Spinnerijkaai(Kor) 15, 8500 Kortrijk
- Names & denominations
- Decoratiewerken Karel Terrie
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1998
- Peppol
- Active · Active since 11 Jul 2025
- Activities · NACE
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