Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TERRA MATER from Gent, company number BE0744440653, closed financial year 2025 with a result of € 3,153 after tax. For that financial year TERRA MATER recorded a gross margin of € 312,264 and equity of € 41,184. Compared with financial year 2024, the result moved from € 768 to € 3,153. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 41,184
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,153
▲ € 2,385 vs 2024
Profit after tax over the fiscal year.
€ 21,984
▲ 103% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 11,184.
People and assets in 2025
€ 70,927
▼ 35% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,212
▼ 25% 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.
€ 74,377
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,739
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,363 | € 57,507 | € 344,181 | € 312,264 | ▼ 9% |
| Profit after taxes | € 1,442 | € 1,409 | € 768 | € 3,153 | ▲ € 2,385 |
| Equity | € 35,853 | € 37,262 | € 38,031 | € 41,184 | ▲ 8% |
| Total debts | € 861,628 | € 1,885,414 | € 2,724,687 | € 3,126,120 | ▲ 15% |
| Cash | € 16,568 | € 29,676 | € 10,839 | € 21,984 | ▲ 103% |
| Retained profit | € 5,853 | € 7,262 | € 8,031 | € 11,184 | ▲ 39% |
| Balance sheet total | € 897,481 | € 1,922,677 | € 2,762,718 | € 3,167,304 | ▲ 15% |
Key figures of TERRA MATER, 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 TERRA MATER?
What happened at TERRA MATER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,153 (▲ € 2,385 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- MINERVA BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- GHENT TRANSPORT & STORAGE NV became a director. NBB
- Alfons Maes became a director. NBB
In short
From € 1,442 profit in 2022 to € 3,153 profit in 2025.
Paid € 1,757 in corporate taxes since 2022.
Best year ever: 2025, with € 3,153 profit.
Management
The stake of GHENT TRANSPORT AND STORAGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERRA MATERBehind TERRA MATER are GHENT TRANSPORT & STORAGE NV, Alfons Maes and MINERVA BV. The shares are held by GHENT TRANSPORT AND STORAGE (33.3%).
Directors
According to the 2025 annual accounts
since 2020
Alfons Maes
Director
since 2020
Director · represented by Kapil Shyam Lokare
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Skaldenstraat 121 box B2
9042 Gent
Skaldenstraat 121 C2
9042 Gent
Active since 25 February 2020
James Cookstraat 10
9042 Gent
Active since 1 August 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →G&P QUALITY MANAGEMENT
€ 394,417 gross margin · 2025
GHENT WAREHOUSING SYSTEMS
€ 3.7 million gross margin · 2025
EASYHOST
€ 795,839 gross margin · 2025
MCSyncro
€ 18.4 million revenue · 2025
BROSE GENT
€ 64 million revenue · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.440.653
- VAT number
- BE 0744.440.653
- Registered office
- Skaldenstraat 121 bus B2, 9042 Gent
- Names & denominations
- TERRA MATER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2020
- Peppol
- Active · Active since 20 Nov 2025
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