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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Terra Houthulst from Gent, company number BE0778849325, closed financial year 2025 with a result of € -23,075 after tax. For that financial year Terra Houthulst recorded a gross margin of € -2,401 and equity of € 6,157. Compared with financial year 2024, the result moved from € -30,024 to € -23,075. The company made a loss. The buffer shrank hard: equity is 79 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 6,157
▼ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,075
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,696
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -133,843.
Debts at end 2025
€ 612,500
▲ 38% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,606 | € -3,542 | € -1,000 | € -2,401 | ▼ € 1,401 |
| Profit after taxes | € -46,841 | € -33,904 | € -30,024 | € -23,075 | ▲ € 6,949 |
| Equity | € 83,159 | € 59,255 | € 29,231 | € 6,157 | ▼ 79% |
| Total debts | € 563,292 | € 572,659 | € 595,126 | € 612,500 | ▲ 3% |
| Cash | € 8,348 | € 4,089 | € 1,940 | € 1,696 | ▼ 13% |
| Land & buildings | € 637,550 | € 627,826 | € 622,393 | € 616,960 | ▼ 1% |
| Retained profit | € -46,841 | € -80,745 | € -110,769 | € -133,843 | ▼ € 23,075 |
| Bank debt | € 443,905 | € 444,500 | € 444,500 | € 612,500 | ▲ 38% |
| Balance sheet total | € 646,451 | € 631,914 | € 624,357 | € 618,657 | ▼ 1% |
Key figures of Terra Houthulst, 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 Houthulst?
What happened at Terra Houthulst in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,075. Source: NBB ↗
- Tupparello BV became a director. NBB
- M & M Consultancy BV stepped down as director. NBB
- WGS BV became a director. NBB
- Torvan BV stepped down as director. NBB
- M & M Consultancy BV became a director. NBB
- Gisa Vastgoed BV stepped down as director. NBB
- Torvan BV became a director. NBB
In short
From € 46,841 loss in 2022 to € 23,075 loss in 2025.
Management
The stake of AETERRA, GISA VASTGOED, TORVAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Terra HouthulstBehind Terra Houthulst are Tupparello BV and WGS BV. The shares are held by AETERRA (100%), GISA VASTGOED (50%) and TORVAN (35%).
Directors
According to the 2025 annual accounts
Director · represented by Meert Mathias
Also active at: Ret Square, EASY WORK STAY, AETERRA, AETERRA SERVICES, RUBANO, AETERRA CONSTRUCT, AETERRA LAND, Nodge +5 more
since 2026
Director · represented by Carl Maes
Also active at: Ret Square, AETERRA, AETERRA SERVICES, RUBANO, AETERRA CONSTRUCT, AETERRA LAND
since 2025
Director · represented by Wouter Torney
Also active at: RenTerra, RenProjects, RenCo Houthulst, RenCo Koksijde, NESTIFY
since 2023 · until 2025
Director · represented by Mathias Meert
Also active at: Ret Square, CHILLAX, EASY WORK STAY, AETERRA, AETERRA SERVICES, RUBANO, AETERRA CONSTRUCT, AETERRA LAND +4 more
since 2025 · until 2026
Director · represented by Gino Lippens
Also active at: Briek & Korneel, RenTerra, RenProjects, RenCo Houthulst, RenCo Koksijde, RenImmo
since 2021 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moutstraat 124
9000 Gent
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 →Ret Square same network
€ 225,474 gross margin · 2025
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€ 4.3 million revenue · 2025
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€ 43.6 million revenue · 2025
Young Mobility Services
€ 725,419 gross margin · 2025
AETERRA same network
€ -26,651 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
- 0778.849.325
- VAT number
- BE 0778.849.325
- Registered office
- Moutstraat 124, 9000 Gent
- Names & denominations
- Terra Houthulst
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2021
- Peppol
- Active · Active since 27 Jan 2026