Warning lights
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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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Terra Nuova from Waimes, company number BE0465293756, closed financial year 2025 with a result of € 2,862 after tax. For that financial year Terra Nuova recorded a gross margin of € 120,417 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 16,134 to € 2,862. 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 29, 2026.
€ 2.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,862
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 1,901
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.8 million.
People and assets in 2025
0.1
Average over the fiscal year, from the social balance sheet.
€ 1,484
▼ 94% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 46,790
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 718,476
▼ 18% vs 2024
€ 138,333 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 59,646
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 464,137
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 | € 163,285 | € 232,255 | € 221,136 | € 120,417 | ▼ 46% |
| Profit after taxes | € 22,478 | € 101,442 | € 16,134 | € 2,862 | ▼ 82% |
| Equity | € 2,322,466 | € 2,423,908 | € 2,440,042 | € 2,442,904 | |
| Total debts | € 1,093,750 | € 1,206,793 | € 1,513,019 | € 1,415,960 | ▼ 6% |
| Cash | € 260,407 | € 23,576 | € 1,727 | € 1,901 | ▲ 10% |
| Land & buildings | € 1,358,084 | € 1,586,537 | € 1,512,198 | € 1,451,976 | ▼ 4% |
| Retained profit | € 1,640,288 | € 1,741,731 | € 1,757,865 | € 1,760,727 | |
| Bank debt | € 893,106 | € 1,070,271 | € 877,771 | € 718,476 | ▼ 18% |
| Balance sheet total | € 3,847,291 | € 4,050,636 | € 3,961,622 | € 3,866,356 | ▼ 2% |
| Employees (FTE) | - | - | - | 0.1 |
Key figures of Terra Nuova, 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 Terra Nuova?
What happened at Terra Nuova in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,862 (▼ 82% vs 2024). Source: NBB ↗
- David Defays became a director. NBB
- New establishment in Vielsalm. KBO
- New establishment in Vielsalm. KBO
- New establishment in Waimes. KBO
- New establishment in Stavelot. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,478 profit in 2022 to € 2,862 profit in 2025.
Paid € 469,760 in corporate taxes since 2022.
Best year ever: 2023, with € 101,442 profit.
Management
Behind Terra Nuova is David Defays. The shares are held by Marc Defays and FAJA VEST.
Establishments
Establishment units
Physical locations of this company
Rue de l'Auneux,Thirimont 34
4950 Waimes
Avenue des Démineurs 8
4970 Stavelot
Active since 26 February 1999
Rue Jean-Bertholet 6
6690 Vielsalm
Active since 1 May 2014
Fraiture 10
6690 Vielsalm
Active since 1 May 2020
Rue de l'Auneux,Thirimont 32/34
4950 Waimes
Active since 1 January 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.293.756
- VAT number
- BE 0465.293.756
- Registered office
- Rue de l'Auneux,Thirimont 34, 4950 Waimes
- Names & denominations
- Terra Nuova
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 1999
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van eetgelegenheden met volledige bediening
Gites, vakantiewoningen en -appartementen
Algemene reiniging van gebouwen
Eetgelegenheden met volledige bediening