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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TD TERRAIN INVEST from Elsene, company number BE0466000569, closed financial year 2025 with a result of € -222,919 after tax. For that financial year TD TERRAIN INVEST recorded a gross margin of € -39,078 and equity of € -9 million. Compared with financial year 2024, the result moved from € -217,481 to € -222,919. The company made a loss. 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 October 12, 2026.
€ -9 million
▼ € 222,919 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -222,919
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
€ 350,883
▲ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 559,365
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,645
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 | € -49,017 | € -16,465 | € -57,224 | € -39,078 | ▲ € 18,146 |
| Profit after taxes | € -188,302 | € -166,468 | € -217,481 | € -222,919 | ▼ € 5,439 |
| Equity | € -8,387,256 | € -8,553,724 | € -8,771,205 | € -8,994,124 | ▼ € 222,919 |
| Total debts | € 10,156,436 | € 10,268,543 | € 10,389,650 | € 10,501,138 | ▲ 1% |
| Cash | € 120,551 | € 300,429 | € 179,690 | € 350,883 | ▲ 95% |
| Retained profit | € -8,405,848 | € -8,572,316 | € -8,789,797 | € -9,012,716 | ▼ € 222,919 |
| Balance sheet total | € 1,769,180 | € 1,714,819 | € 1,618,446 | € 1,507,014 | ▼ 7% |
Key figures of TD TERRAIN INVEST, 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 TD TERRAIN INVEST?
What happened at TD TERRAIN INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 222,919. filed late Source: NBB ↗
- Prime Retail Consultants N.V. stepped down as director. NBB
- Prowinko België Holding bv became a director. NBB
- Prime Retail Consultants N.V. became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 188,302 loss in 2022 to € 222,919 loss in 2025.
Management
The stake of KABEG, PRIME RETAIL CONSULTANTS, PRIME RETAIL SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TD TERRAIN INVESTBehind TD TERRAIN INVEST is Prowinko België Holding bv. The shares are held by KABEG (37.5%), PRIME RETAIL CONSULTANTS (12.5%) and PRIME RETAIL SERVICES (10%).
Directors
According to the 2025 annual accounts
Director · represented by Max Armand Bernard Vorst
Also active at: POG VvP2, Boneff, MASERGY, QUINTO SERVICES, ESTIA, QUINTA VAN VYVE, AGRICOLES IMPORT & EXPORT AG, RUGBIMMO +20 more
since 2005
Director · represented by Philip van Perlstein
Also active at: POG VvP2, Boneff, MASERGY, QUINTO SERVICES, ESTIA, QUINTA VAN VYVE, AGRICOLES IMPORT & EXPORT AG, EDELVALK +20 more
since 2005 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 32 box 15
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
Louiseville
Belgische Uitvoervereniging
Les Maitres Imprimeurs de Belgique
SFPIM International
+33 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
- 0466.000.569
- VAT number
- BE 0466.000.569
- Registered office
- Louizalaan 32 bus 15, 1050 Elsene
- Names & denominations
- TD TERRAIN INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 1999
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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