Financials
Financial year 2025
TERRAGO from Tienen, company number BE0465612965, closed financial year 2025 with a result of € 24,978 after tax. For that financial year TERRAGO recorded a gross margin of € 165,786 and equity of € 566,632. Compared with financial year 2024, the result moved from € 8,543 to € 24,978. 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 April 30, 2026.
€ 566,632
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,978
▲ 192% vs 2024
Profit after tax over the fiscal year.
€ 105,794
▲ 194% 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 € 550,101.
People and assets in 2025
€ 228,635
▼ 35% vs 2024
Of which on lease € 55,054.
Debts at end 2025
€ 2,897
▼ 98% vs 2024
Loans from banks and other lenders, long and short.
€ 106,423
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,963
▲ € 18,835 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,817 | € 257,923 | € 140,148 | € 165,786 | ▲ 18% |
| Profit after taxes | € 14,023 | € 118,533 | € 8,543 | € 24,978 | ▲ 192% |
| Equity | € 414,577 | € 533,110 | € 541,653 | € 566,632 | ▲ 5% |
| Total debts | € 116,353 | € 480,656 | € 359,128 | € 133,699 | ▼ 63% |
| Cash | € 117,564 | € 76,399 | € 35,991 | € 105,794 | ▲ 194% |
| Land & buildings | € 186,425 | € 186,425 | € 186,425 | € 186,425 | |
| Retained profit | € 398,046 | € 516,580 | € 525,123 | € 550,101 | ▲ 5% |
| Bank debt | € 0 | € 294,598 | € 119,515 | € 2,897 | ▼ 98% |
| Balance sheet total | € 556,074 | € 1,013,766 | € 900,781 | € 700,331 | ▼ 22% |
Key figures of TERRAGO, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to TERRAGO?
What happened at TERRAGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,978 (▲ 192% vs 2024). Source: NBB ↗
- New establishment in Hannut. KBO
- New establishment in Holsbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,023 profit in 2021 to € 24,978 profit in 2025.
Paid € 19,970 in corporate taxes since 2021.
Best year ever: 2023, with € 118,533 profit.
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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
The stake of GROEP GODTS, GODTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERRAGOBehind TERRAGO is Groep Godts BV. The shares are held by GROEP GODTS (75%) and GODTS (25%).
Directors
According to the 2025 annual accounts
Director · represented by Patrick Godts
Owns 20.5% via GODTS
Also active at: ZANDGROEVEN GODTS, GODTS, Hardenne Luc Epinçage, TRANSPORT GODTS, LIZAGRO
Shareholders
75%
GODTS · holding of Groep Godts BV
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Esperantolaan 18
3300 Tienen
Horebeekstraat 4
3220 Holsbeek
Active since 21 May 1999
Ruelle Gohette 1
4280 Hannut
Active since 1 October 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →GODTS same network
€ 24.2 million revenue · 2025
CARRIERE OUFFET same network
€ 40,128 gross margin · 2024
GROEP GODTS same network
€ 191,727 revenue · 2024
REMIGO
€ 546,031 gross margin · 2024
TRANSPORT GODTS same network
€ 1.5 million gross margin · 2024
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.612.965
- VAT number
- BE 0465.612.965
- Registered office
- Esperantolaan 18, 3300 Tienen
- Names & denominations
- TERRAGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 1999
- Peppol
- Active · Active since 27 Aug 2026
- Activities · NACE
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