What does TERCOMAT do?

TERCOMAT is a demolition contractor in Hamois. Private Limited, started on 22 August 2014, 1 establishment.

What is the address of TERCOMAT?

The registered office of TERCOMAT is located at Rue de Francesse, Natoye 17, 5360 Hamois.

Is TERCOMAT still active?

Yes. According to the CBE (30 October 2026) TERCOMAT is active, legal situation “Normale toestand”, started on 22 August 2014.

Is TERCOMAT registered on Peppol?

Yes, TERCOMAT is registered on the Peppol network with ID 0208:0559985354.

What is the enterprise number of TERCOMAT?

The enterprise number of TERCOMAT is BE0559985354.

When was TERCOMAT founded?

TERCOMAT was founded on 22 August 2014.

Who are the directors of TERCOMAT?

According to the 2025 annual accounts, the directors of TERCOMAT are: Mathieu LARBI.

Is TERCOMAT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 August 2014; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did TERCOMAT make in 2025?

TERCOMAT recorded a loss after taxes of € 26,970 in financial year 2025.

What is the revenue of TERCOMAT?

As a small company, TERCOMAT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 32,096.

TERCOMAT (Private Limited) - Hamois - BE0559985354

Dossier TERCOMAT, printed on 30 October 2026 from databakkes.be/en/0559985354/tercomat. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TERCOMAT from Hamois, company number BE0559985354, closed financial year 2025 with a result of € -26,970 after tax. For that financial year TERCOMAT recorded a gross margin of € 32,096 and equity of € 231,886. Compared with financial year 2024, the result moved from € 17,721 to € -26,970. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.

What it is worth Healthy

€ 231,886

▼ 10% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -26,970

▼ still € 17,721 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 85,380

▼ 30% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 211,426.

People and assets in 2025

Vehicles and equipment

€ 75,960

▼ 13% vs 2024

Of which on lease € 52,159.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 100,845

▼ 18% vs 2024

€ 23,231 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 10,291

▲ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 142

▼ 98% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 80,653 Gross margin 2021: € 80,653 First fiscal year in the series	€ 188,642 Gross margin 2023: € 188,642 ▲ 134% vs 2021 (€ 80,653) Favourable step	€ 82,621 Gross margin 2024: € 82,621 ▼ 56% vs 2023 (€ 188,642) Unfavourable step	€ 32,096 Gross margin 2025: € 32,096 ▼ 61% vs 2024 (€ 82,621) Unfavourable step	▼ 61%
Profit after taxes	€ 42,465 Profit after taxes 2021: € 42,465 First fiscal year in the series	€ 120,284 Profit after taxes 2023: € 120,284 ▲ 183% vs 2021 (€ 42,465) Favourable step	€ 17,721 Profit after taxes 2024: € 17,721 ▼ 85% vs 2023 (€ 120,284) Unfavourable step	€ -26,970 Profit after taxes 2025: € -26,970 ▼ € 44,691 vs 2024 (€ 17,721) Unfavourable step	▼ € 44,691
Equity	€ 136,451 Equity 2021: € 136,451 First fiscal year in the series	€ 249,135 Equity 2023: € 249,135 ▲ 83% vs 2021 (€ 136,451) Favourable step	€ 258,856 Equity 2024: € 258,856 ▲ 4% vs 2023 (€ 249,135) Favourable step	€ 231,886 Equity 2025: € 231,886 ▼ 10% vs 2024 (€ 258,856) Unfavourable step	▼ 10%
Total debts	€ 161,763 Total debts 2021: € 161,763 First fiscal year in the series	€ 238,729 Total debts 2023: € 238,729 ▲ 48% vs 2021 (€ 161,763) Unfavourable step	€ 222,926 Total debts 2024: € 222,926 ▼ 7% vs 2023 (€ 238,729) Favourable step	€ 194,967 Total debts 2025: € 194,967 ▼ 13% vs 2024 (€ 222,926) Favourable step	▼ 13%
Cash	€ 61,250 Cash 2021: € 61,250 First fiscal year in the series	€ 51,294 Cash 2023: € 51,294 ▼ 16% vs 2021 (€ 61,250) Unfavourable step	€ 121,541 Cash 2024: € 121,541 ▲ 137% vs 2023 (€ 51,294) Favourable step	€ 85,380 Cash 2025: € 85,380 ▼ 30% vs 2024 (€ 121,541) Unfavourable step	▼ 30%
Land & buildings	€ 117,584 Land & buildings 2021: € 117,584 First fiscal year in the series	€ 106,352 Land & buildings 2023: € 106,352 ▼ 10% vs 2021 (€ 117,584) Unchanged	€ 95,152 Land & buildings 2024: € 95,152 ▼ 11% vs 2023 (€ 106,352) Unchanged	€ 83,952 Land & buildings 2025: € 83,952 ▼ 12% vs 2024 (€ 95,152) Unchanged	▼ 12%
Retained profit	€ 130,251 Retained profit 2021: € 130,251 First fiscal year in the series	€ 228,675 Retained profit 2023: € 228,675 ▲ 76% vs 2021 (€ 130,251) Favourable step	€ 238,396 Retained profit 2024: € 238,396 ▲ 4% vs 2023 (€ 228,675) Favourable step	€ 211,426 Retained profit 2025: € 211,426 ▼ 11% vs 2024 (€ 238,396) Unfavourable step	▼ 11%
Dividend	€ 5,000 Dividend 2021: € 5,000 First fiscal year in the series	€ 20,000 Dividend 2023: € 20,000 ▲ 300% vs 2021 (€ 5,000) Unchanged	€ 8,000 Dividend 2024: € 8,000 ▼ 60% vs 2023 (€ 20,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 8,000) Unchanged	▼ 100%
Bank debt	€ 127,120 Bank debt 2021: € 127,120 First fiscal year in the series	€ 154,440 Bank debt 2023: € 154,440 ▲ 21% vs 2021 (€ 127,120) Unfavourable step	€ 123,521 Bank debt 2024: € 123,521 ▼ 20% vs 2023 (€ 154,440) Favourable step	€ 100,845 Bank debt 2025: € 100,845 ▼ 18% vs 2024 (€ 123,521) Favourable step	▼ 18%
Balance sheet total	€ 303,214 Balance sheet total 2021: € 303,214 First fiscal year in the series	€ 495,238 Balance sheet total 2023: € 495,238 ▲ 63% vs 2021 (€ 303,214) Unchanged	€ 488,131 Balance sheet total 2024: € 488,131 ▼ 1% vs 2023 (€ 495,238) Unchanged	€ 432,102 Balance sheet total 2025: € 432,102 ▼ 11% vs 2024 (€ 488,131) Unchanged	▼ 11%

Key figures of TERCOMAT, 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 January 2027.

What happened to TERCOMAT?

What happened at TERCOMAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 29, 2026 New annual accounts for financial year 2025: loss of € 26,970 (▼ € 44,691 vs 2024). Source: NBB ↗
Aug 22, 2014 New establishment in Hamois. KBO
Aug 22, 2014 Start of the company according to the CBE. KBO

In short

From € 42,465 profit in 2021 to € 26,970 loss in 2025.

Paid € 34,011 in corporate taxes since 2021.

Best year ever: 2023, with € 120,284 profit.

Paid out € 33,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Mathieu LARBI

TERCOMAT

Behind TERCOMAT is Mathieu LARBI.

Directors

According to the 2025 annual accounts

Mathieu LARBI

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Francesse, Natoye 17

5360 Hamois

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0559.985.354

VAT number

BE 0559.985.354

Registered office

Rue de Francesse, Natoye 17, 5360 Hamois

Names & denominations

TERCOMAT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 August 2014

Peppol

Active · Active since 25 Nov 2025

Activities · NACE

Slopen

Bouwrijp maken van terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

TERCOMAT

Financials

What happened to TERCOMAT?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions