Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
99 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Terranova Hydrogen from Aalst, company number BE0800365311, closed financial year 2025 with a result of € -903 after tax. For that financial year Terranova Hydrogen recorded a gross margin of € -4,896 and equity of € 274,348. Compared with financial year 2024, the result moved from € -9,326 to € -903. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 274,348
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -903
▲ 90 % less loss than in 2024
Profit after tax over the fiscal year.
€ 36,021
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -25,652.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13,859
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -15,209 | € -10,422 | € -4,896 | ▲ € 5,527 |
| Profit after taxes | € -15,424 | € -9,326 | € -903 | ▲ € 8,423 |
| Equity | € 284,576 | € 275,251 | € 274,348 | |
| Total debts | € 11,095 | € 18,358 | € 13,890 | ▼ 24% |
| Cash | € 44,055 | € 292,984 | € 36,021 | ▼ 88% |
| Retained profit | € -15,424 | € -24,749 | € -25,652 | ▼ € 903 |
| Balance sheet total | € 295,672 | € 293,608 | € 288,237 | ▼ 2% |
Key figures of Terranova Hydrogen, 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 Terranova Hydrogen?
What happened at Terranova Hydrogen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Niels Hubert stepped down as director. NBB
- Anne Smet stepped down as director. NBB
- Johan Desmet stepped down as director. NBB
- Frans Rutten stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 903. Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
- Niels Hubert became a director. NBB
In short
From € 15,424 loss in 2023 to € 903 loss in 2025.
Paid € 953 in corporate taxes since 2023.
A new publication or filing at Terranova Hydrogen? 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 Luminus, TERRANOVA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Terranova HydrogenThe shares are held by Luminus (33.3%) and TERRANOVA (33.3%).
Directors
According to the 2025 annual accounts
Niels Hubert
Director
since 2023 · until 2029
Anne Smet
Director
since 2023 · until 2029
Johan Desmet
Director
since 2023 · until 2029
Frans Rutten
Director
since 2023 · until 2029
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tragel 60
9308 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 99 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.365.311
- VAT number
- BE 0800.365.311
- Registered office
- Tragel 60, 9308 Aalst
- Names & denominations
- Terranova Hydrogen
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2023
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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