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 34 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 2.8 to 1.8.
Financials
Financial year 2025
TERATO from Hulshout, company number BE0474945850, closed financial year 2025 with a result of € 10,426 after tax. For that financial year TERATO recorded a gross margin of € 178,713 and equity of € 579,957. Compared with financial year 2024, the result moved from € 43,131 to € 10,426. 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 24, 2026.
€ 579,957
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,426
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 26,691
▼ 79% 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 € 561,357.
People and assets in 2025
1.8
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 103,367
▼ 1% vs 2024
€ 57,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,182
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 106,381
▲ € 91,290 vs 2024
€ 4,491 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 94,223
▲ € 72,817 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,015
▲ 142% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 222,480 | € 154,983 | € 202,891 | € 178,713 | ▼ 12% |
| Profit after taxes | € 18,109 | € -55,447 | € 43,131 | € 10,426 | ▼ 76% |
| Equity | € 581,847 | € 526,400 | € 569,531 | € 579,957 | ▲ 2% |
| Total debts | € 335,778 | € 328,744 | € 190,021 | € 359,631 | ▲ 89% |
| Cash | € 43,587 | € 92,864 | € 128,433 | € 26,691 | ▼ 79% |
| Retained profit | € 563,247 | € 507,800 | € 550,931 | € 561,357 | ▲ 2% |
| Bank debt | € 0 | € 19,605 | € 15,091 | € 106,381 | ▲ € 91,290 |
| Balance sheet total | € 917,626 | € 855,145 | € 759,553 | € 939,588 | ▲ 24% |
| Employees (FTE) | 2.5 | 2.8 | 2.1 | 1.8 | ▼ 0.3 |
Key figures of TERATO, 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 TERATO?
What happened at TERATO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,426 (▼ 76% vs 2024). Source: NBB ↗
- Dave Dils became a director. NBB
- New establishment in Hulshout. KBO
- Start of the company according to the CBE. KBO
- August Dils became a director. NBB
In short
From € 18,109 profit in 2022 to € 10,426 profit in 2025.
Paid € 6,778 in corporate taxes since 2022.
Best year ever: 2024, with € 43,131 profit.
On average € 99,300 of value added per employee in 2025.
Management
Behind TERATO are August Dils and Dave Dils.
Directors
According to the 2025 annual accounts
August Dils
Director
since 2001
Dave Dils
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Vaartstraat 79
2235 Hulshout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.945.850
- VAT number
- BE 0474.945.850
- Registered office
- Vaartstraat 79, 2235 Hulshout
- Names & denominations
- TERATO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2001
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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