Financials
Financial year 2025
TERZETTO from Balen, company number BE0689730178, closed financial year 2025 with a result of € 1,266 after tax. For that financial year TERZETTO recorded a gross margin of € 562,268 and equity of € 8,766. Compared with financial year 2024, the result moved from € 15,878 to € 1,266. The company is profitable. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 5, 2026.
€ 8,766
▼ 94% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,266
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 163,161
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 130,119 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
6.3
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 485,306
▼ 16% vs 2024
€ 77,000 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.
€ 107,766
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 344,655
▼ 7% vs 2024
€ 53,548 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 464,155
Supplier invoices still open on the last day of the fiscal year.
€ 26,151
▼ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 550,141 | € 580,510 | € 702,128 | € 562,268 | ▼ 20% |
| Profit after taxes | € 27,220 | € 62,735 | € 15,878 | € 1,266 | ▼ 92% |
| Equity | € 59,007 | € 121,741 | € 137,619 | € 8,766 | ▼ 94% |
| Total debts | € 718,285 | € 921,831 | € 875,210 | € 880,356 | ▲ 1% |
| Cash | € 507,028 | € 512,547 | € 312,294 | € 163,161 | ▼ 48% |
| Land & buildings | - | - | € 263,588 | € 278,394 | ▲ 6% |
| Retained profit | € 51,507 | € 114,241 | € 130,119 | € 1,266 | ▼ 99% |
| Dividend | € 0 | € 0 | € 0 | € 130,119 | |
| Bank debt | € 60,633 | € 199,392 | € 369,597 | € 344,655 | ▼ 7% |
| Balance sheet total | € 777,292 | € 1,043,572 | € 1,012,829 | € 889,122 | ▼ 12% |
| Employees (FTE) | 6.9 | 7 | 8.2 | 6.3 | ▼ 1.9 |
Key figures of TERZETTO, 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 TERZETTO?
What happened at TERZETTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,266 (▼ 92% vs 2024). Source: NBB ↗
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,220 profit in 2022 to € 1,266 profit in 2025.
Paid € 69,337 in corporate taxes since 2022.
Best year ever: 2023, with € 62,735 profit.
On average € 89,200 of value added per employee in 2025.
Management
The stake of GREENFIELD CONSULTANTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERZETTOBehind TERZETTO are HRXpertise and Greenfield Consultants. The shares are held by GREENFIELD CONSULTANTS (16.7%).
Directors
According to the 2025 annual accounts
Director · represented by Kim Broeckx
Director · represented by Yves Beliën
Shareholders
16.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hamsestraat 1 box 2
2491 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0689.730.178
- VAT number
- BE 0689.730.178
- Registered office
- Hamsestraat 1 bus 2, 2491 Balen
- Names & denominations
- TERZETTO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2018
- Peppol
- Active · Active since 28 Jan 2026
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