Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 33.6 to 9.9.
Financials
Financial year 2025
Terram Sud from La Louvière, company number BE0729642116, closed financial year 2025 with a result of € -964 after tax. For that financial year Terram Sud recorded a gross margin of € 951,475 and equity of € 440,826. Compared with financial year 2024, the result moved from € 56,934 to € -964. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 440,826
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -964
▼ still € 56,934 profit in 2024
Profit after tax over the fiscal year.
€ 59,153
▲ 145% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 190,826.
People and assets in 2025
9.9
▼ 16.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 610,921
▼ 61% vs 2024
€ 61,700 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.
€ 301,822
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,448
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,965
▼ 96% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,652,867 | - | - | - | |
| Gross margin | € 2,155,779 | € 2,292,483 | € 2,079,826 | € 951,475 | ▼ 54% |
| Profit after taxes | € 43,918 | € 27,126 | € 56,934 | € -964 | ▼ € 57,899 |
| Equity | € 357,730 | € 384,856 | € 441,790 | € 440,826 | |
| Total debts | € 1,249,048 | € 2,675,470 | € 4,971,437 | € 1,968,110 | ▼ 60% |
| Cash | € 172,662 | € 109,502 | € 24,133 | € 59,153 | ▲ 145% |
| Retained profit | € 107,730 | € 134,856 | € 191,790 | € 190,826 | ▼ 1% |
| Bank debt | € 55,375 | € 8,081 | € 0 | € 0 | |
| Balance sheet total | € 1,607,744 | € 3,061,986 | € 5,413,228 | € 2,408,936 | ▼ 55% |
| Employees (FTE) | 35 | 33.6 | 26.4 | 9.9 | ▼ 16.5 |
Key figures of Terram Sud, 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 Terram Sud?
What happened at Terram Sud in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Indel Invest SRL stepped down as director. NBB
- Bouw Georges Tanghe SA stepped down as director. NBB
- Ibeco SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 964 (▼ € 57,899 vs 2024). Source: NBB ↗
- Indel Invest SRL became a director. NBB
- Bouw Georges Tanghe SA became a director. NBB
- Ibeco SRL became a director. NBB
- New establishment in Charleroi. KBO
In short
From € 43,918 profit in 2022 to € 964 loss in 2025.
Paid € 75,948 in corporate taxes since 2022.
Best year ever: 2024, with € 56,934 profit.
On average € 96,100 of value added per employee in 2025.
A new publication or filing at Terram Sud? We notify you, reason included.
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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
The stake of JACOPS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Terram SudThe shares are held by JACOPS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Stephanie Valcke
Also active at: Bouw Georges Tanghe, JACOPS, JACOPS SUD, CAPPAL, BLS, PROGEST IMMO, JAGERSHOF, LETSGO CITY +17 more
since 2025 · until 2031
Director · represented by Rita Tanghe
Also active at: JACOPS, JACOPS SUD, CAPPAL, PROGEST IMMO, JAGERSHOF, Civitas Projects, Civitas, STIV +2 more
since 2025 · until 2031
Director · represented by Ivan Bossuyt
Also active at: JACOPS, JACOPS SUD, CAPPAL, BLS, PROGEST IMMO, LETSGO CITY, Infrasoft, STIV +7 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Jean-Baptiste Vifquain(S-B) 16
7110 La Louvière
Rue Louis Bleriot 15
6041 Charleroi
Active since 1 July 2019
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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
terram-sud.be
Registered
2018-10-02
Website info
Features
Security
Details
- Company number
- 0729.642.116
- VAT number
- BE 0729.642.116
- Registered office
- Rue Jean-Baptiste Vifquain(S-B) 16, 7110 La Louvière
- Names & denominations
- Terram Sud
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2019
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- terram-sud.be
- Activities · NACE
Algemene elektrotechnische installatiewerken