Financials
Financial year 2025
Terco+ from Balen, company number BE0543947195, closed financial year 2025 with a result of € 259 after tax. For that financial year Terco+ recorded a gross margin of € 123,098 and equity of € 166,941. Compared with financial year 2024, the result moved from € 2,031 to € 259. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 166,941
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 259
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 73,446
▼ 22% 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 € 160,741.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 84,110
▲ 4% vs 2024
€ 84,100 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.
€ 797
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 266,247
▼ 11% vs 2024
€ 33,469 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 35,654
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,837
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 134,389 | € 123,252 | € 123,103 | € 123,098 | |
| Profit after taxes | € 12,230 | € 2,162 | € 2,031 | € 259 | ▼ 87% |
| Equity | € 211,971 | € 164,651 | € 166,682 | € 166,941 | |
| Total debts | € 551,955 | € 462,778 | € 425,297 | € 361,284 | ▼ 15% |
| Cash | € 140,514 | € 141,981 | € 94,100 | € 73,446 | ▼ 22% |
| Land & buildings | € 478,878 | € 453,909 | € 425,032 | € 396,155 | ▼ 7% |
| Retained profit | € 205,771 | € 158,451 | € 160,482 | € 160,741 | |
| Dividend | € 86,129 | € 49,481 | € 0 | € 0 | |
| Bank debt | € 360,723 | € 328,667 | € 299,238 | € 266,247 | ▼ 11% |
| Balance sheet total | € 763,925 | € 627,430 | € 591,979 | € 528,225 | ▼ 11% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of Terco+, 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 Terco+?
What happened at Terco+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 259 (▼ 87% vs 2024). Source: NBB ↗
- BEMACO BV became a director. NBB
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,230 profit in 2022 to € 259 profit in 2025.
Paid € 11,520 in corporate taxes since 2022.
Best year ever: 2022, with € 12,230 profit.
On average € 123,100 of value added per employee in 2025.
Management
Behind Terco+ is BEMACO BV.
Directors
According to the 2025 annual accounts
Director · represented by Benny Nuyts
since 2017
Establishments
Establishment units
Physical locations of this company
Poeierstraat 3
2490 Balen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0543.947.195
- VAT number
- BE 0543.947.195
- Registered office
- Poeierstraat 3, 2490 Balen
- Names & denominations
- Terco+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2014
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Schrijnwerk