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 31 % of short-term debt in 2025; threshold 65 %.
-
Figures corrected NBB
Corrected annual account filed for 2023.
-
Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Terramax from Bilzen-Hoeselt, company number BE0764657829, closed financial year 2025 with a result of € 146,364 after tax. For that financial year Terramax recorded a gross margin of € 603,576 and equity of € 334,962. Compared with financial year 2024, the result moved from € -306,425 to € 146,364. 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 June 8, 2026.
€ 334,962
▲ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,364
▲ still € 306,425 loss in 2024
Profit after tax over the fiscal year.
€ 333,770
▲ € 287,486 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 € 284,962.
People and assets in 2025
4
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 340,245
▲ 37% vs 2024
€ 85,100 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.
€ 132,436
▼ 29% vs 2024
Of which on lease € 75,701.
Debts at end 2025
€ 1.7 million
▲ 1% vs 2024
€ 50,292 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.9 million
▲ 104% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,485
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 197,609 | € 791,747 | € 125,266 | € 603,576 | ▲ € 478,310 |
| Profit after taxes | € 52,282 | € 435,381 | € -306,425 | € 146,364 | ▲ € 452,789 |
| Equity | € 104,641 | € 495,023 | € 188,598 | € 334,962 | ▲ 78% |
| Total debts | € 2,831,449 | € 3,649,984 | € 4,646,017 | € 7,113,266 | ▲ 53% |
| Cash | € 2,608 | € 10,289 | € 46,284 | € 333,770 | ▲ € 287,486 |
| Retained profit | € 54,641 | € 445,023 | € 138,598 | € 284,962 | ▲ 106% |
| Dividend | € 0 | € 45,000 | € 0 | € 0 | |
| Bank debt | € 1,560,326 | € 1,726,115 | € 1,710,005 | € 1,727,046 | ▲ 1% |
| Balance sheet total | € 2,936,090 | € 4,145,007 | € 4,834,615 | € 7,448,228 | ▲ 54% |
| Employees (FTE) | 0.8 | 0.8 | 3 | 4 | ▲ 1 |
Key figures of Terramax, 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 Terramax?
What happened at Terramax in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 146,364. Source: NBB ↗
- New establishment in Hasselt. KBO
- D&A CommV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 52,282 profit in 2022 to € 146,364 profit in 2025.
Paid € 155,756 in corporate taxes since 2022.
Best year ever: 2023, with € 435,381 profit.
On average € 150,900 of value added per employee in 2025.
A new publication or filing at Terramax? We notify you, reason included.
Follow TerramaxDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 Terramax is D&A CommV. D&A CommV is also behind Guanxi-Invest, Ladderfabriek Petry, Industry Parts Limburg, BieseGek and Petry Techniek.
Directors
According to the 2025 annual accounts
Director · represented by Ivo Palmaers
Also active at: Guanxi-Invest, Ladderfabriek Petry, Industry Parts Limburg, BieseGek, Petry Techniek, GEVA, Immo Palmaers, Palmaers Vakhandel +8 more
since 2021
Establishments
Establishment units
Physical locations of this company
Tongersestraat 94
3740 Bilzen-Hoeselt
Gouverneur Verwilghensingel 38
3500 Hasselt
Active since 4 March 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Guanxi-Invest same network
€ 288,180 gross margin · 2025
BieseGek same network
€ -1,914 gross margin · 2025
Immo Palmaers same network
€ 1.1 million gross margin · 2025
Palmaers Vakhandel same network
€ 10.7 million revenue · 2025
PALMAERS VERHUUR same network
€ 2 million gross margin · 2025
+7 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
- 0764.657.829
- VAT number
- BE 0764.657.829
- Registered office
- Tongersestraat 94, 3740 Bilzen-Hoeselt
- Names & denominations
- Terramax
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2021
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
Reparatie en onderhoud van machines
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.