Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
TER WAERT from Bilzen-Hoeselt, company number BE0668441945, closed financial year 2026 with a result of € 66,185 after tax. For that financial year TER WAERT recorded a gross margin of € 273,410 and equity of € 144,343. Compared with financial year 2025, the result moved from € 66,250 to € 66,185. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.
€ 144,343
▼ 48% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,185
Profit after tax over the fiscal year.
€ 14,386
▼ 64% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 197,466 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 1,689
▼ 36% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.2 million
▲ 93% vs 2025
€ 159,525 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 446,826
▲ 29% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 3,061
▼ 87% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 143,745 | € 160,929 | € 186,098 | € 273,410 | ▲ 47% |
| Profit after taxes | € 56,168 | € 54,949 | € 66,250 | € 66,185 | |
| Equity | € 112,989 | € 167,937 | € 275,624 | € 144,343 | ▼ 48% |
| Total debts | € 731,326 | € 997,170 | € 1,060,325 | € 1,731,579 | ▲ 63% |
| Cash | € 49,479 | € 5,096 | € 40,269 | € 14,386 | ▼ 64% |
| Land & buildings | € 700,801 | € 1,014,010 | € 1,022,213 | € 1,415,644 | ▲ 38% |
| Retained profit | € 94,389 | € 149,337 | € 202,326 | € 71,045 | ▼ 65% |
| Dividend | € 1,615 | € 0 | € 13,261 | € 197,466 | ▲ € 184,205 |
| Bank debt | € 164,163 | € 745,136 | € 629,114 | € 1,212,076 | ▲ 93% |
| Balance sheet total | € 844,315 | € 1,165,108 | € 1,335,949 | € 1,875,922 | ▲ 40% |
Key figures of TER WAERT, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to TER WAERT?
What happened at TER WAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 66,185. Source: NBB ↗
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,168 profit in 2023 to € 66,185 profit in 2026.
Paid € 56,877 in corporate taxes since 2023.
Best year ever: 2025, with € 66,250 profit.
Paid out € 212,342 in dividends to the owners in total.
Management
Behind TER WAERT is Tristan Menten. Tristan Menten is also behind MARTRIS, Menten Truck Service, TRUCK CENTER FREDERIX, VEXTRA HOLDING and VOLUMEX.
Directors
According to the 2026 annual accounts
Tristan Menten
Director
Also active at: MARTRIS, Menten Truck Service, TRUCK CENTER FREDERIX, VEXTRA HOLDING, VOLUMEX
Establishments
Establishment units
Physical locations of this company
Gansterenstraat 43
3730 Bilzen-Hoeselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.441.945
- VAT number
- BE 0668.441.945
- Registered office
- Gansterenstraat 43, 3730 Bilzen-Hoeselt
- Names & denominations
- TER WAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2016
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van holdings
Activiteiten van hoofdkantoren
Holdings