Financials
Financial year 2025
TerraShield from Sint-Gillis-Waas, company number BE0768349371, closed financial year 2025 with a result of € -13,144 after tax. For that financial year TerraShield recorded a gross margin of € -3,967 and equity of € 18,493. Compared with financial year 2024, the result moved from € 27,534 to € -13,144. 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 August 31, 2026.
€ 18,493
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,144
▼ still € 27,534 profit in 2024
Profit after tax over the fiscal year.
€ 29,410
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16,493.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,379
▼ 24% 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.
€ 17,640
▲ 198% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,735
▼ 47% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 2,579 | € 47,489 | € -3,967 | ▼ € 51,456 |
| Profit after taxes | € -1,579 | € 27,534 | € -13,144 | ▼ € 40,677 |
| Equity | € 4,103 | € 31,637 | € 18,493 | ▼ 42% |
| Total debts | € 11,817 | € 13,829 | € 37,741 | ▲ 173% |
| Cash | € 5,630 | € 31,620 | € 29,410 | ▼ 7% |
| Land & buildings | € 1,047 | € 726 | € 405 | ▼ 44% |
| Retained profit | € 2,103 | € 29,637 | € 16,493 | ▼ 44% |
| Bank debt | € 350 | € 0 | € 0 | |
| Balance sheet total | € 15,920 | € 45,466 | € 56,234 | ▲ 24% |
Key figures of TerraShield, fiscal years 2023 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 TerraShield?
What happened at TerraShield in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,144 (▼ € 40,677 vs 2024). filed late Source: NBB ↗
- New establishment in Lokeren. KBO
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,579 loss in 2023 to € 13,144 loss in 2025.
Paid € 14,586 in corporate taxes since 2023.
Best year ever: 2024, with € 27,534 profit.
Management
Behind TerraShield is Luc Geerinck.
Directors
According to the 2025 annual accounts
Luc Geerinck
Director
Establishments
Establishment units
Physical locations of this company
Potterstraat(SP) 182
9170 Sint-Gillis-Waas
Louis Herbertstraat 29
9160 Lokeren
Active since 12 May 2021
Beertenstraat 9/B
9160 Lokeren
Active since 1 February 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
GOOGLE - Google LLC, US
DNS
GoDaddy DNS
Website info
Features
Security
Details
- Company number
- 0768.349.371
- VAT number
- BE 0768.349.371
- Registered office
- Potterstraat(SP) 182, 9170 Sint-Gillis-Waas
- Names & denominations
- TerraShield
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2021
- Peppol
- Active · Active since 17 Mar 2026
- Contact
- terrashield.be [email protected]
- Activities · NACE
Schrijnwerk
Groothandel in hout
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Textielveredeling
Ontwikkeling van residentiële bouwprojecten
Algemene elektrotechnische installatiewerken
Grafisch ontwerp en visuele communicatie
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
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