Financials
Financial year 2025
TERRACENCE from Merelbeke-Melle, company number BE0633725546, closed financial year 2025 with a result of € 1 million after tax. For that financial year TERRACENCE recorded a gross margin of € 1.4 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 1 million to € 1 million. 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 December 11, 2025.
€ 1.9 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 50,048
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 650,000 paid out
62 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 61,334
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36,087
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,911
▲ 46% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 927,212 | € 1,383,476 | € 1,299,569 | € 1,383,318 | ▲ 6% |
| Profit after taxes | € 751,228 | € 1,111,961 | € 1,035,365 | € 1,045,947 | ▲ 1% |
| Equity | € 2,022,024 | € 2,533,984 | € 1,469,349 | € 1,865,296 | ▲ 27% |
| Total debts | € 661,093 | € 782,504 | € 472,046 | € 439,809 | ▼ 7% |
| Cash | € 141,717 | € 748,039 | € 678,640 | € 50,048 | ▼ 93% |
| Retained profit | € 2,003,424 | € 2,515,384 | € 1,450,749 | € 1,846,696 | ▲ 27% |
| Dividend | € 600,000 | € 600,000 | € 2,100,000 | € 650,000 | ▼ 69% |
| Bank debt | € 60,318 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,683,117 | € 3,316,488 | € 1,941,396 | € 2,305,105 | ▲ 19% |
Key figures of TERRACENCE, 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 December 2026.
What happened to TERRACENCE?
What happened at TERRACENCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▲ 1% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Serge Colle became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 751,228 profit in 2022 to € 1 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
Paid out € 4 million in dividends to the owners in total.
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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
Behind TERRACENCE is Serge Colle. Serge Colle is also behind BXVentures Studios.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Hollebeekpark 6A
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0633.725.546
- VAT number
- BE 0633.725.546
- Registered office
- Hollebeekpark 6A, 9820 Merelbeke-Melle
- Names & denominations
- TERRACENCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2015
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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