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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Tellus Growing Media Baltics from Grobbendonk, company number BE0800375011, closed financial year 2025 with a result of € 5.3 million after tax. Compared with financial year 2024, the result moved from € 3.5 million to € 5.3 million. 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 July 6, 2026.
€ 2.9 million
▲ € 2.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.3 million
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 854,293
▲ € 772,466 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3 million paid out
56 % of the profit went to the shareholders, mostly to Tellus Growing Media Solutions (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 17.6 million
▼ 7% vs 2024
€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 112
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4 days on average.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Profit after taxes | € 3,468,413 | € 5,334,110 | ▲ 54% |
| Equity | € 568,413 | € 2,902,523 | ▲ € 2.3 million |
| Total debts | € 19,211,429 | € 17,688,941 | ▼ 8% |
| Cash | € 81,827 | € 854,293 | ▲ € 772,466 |
| Retained profit | € 468,413 | € 2,802,523 | ▲ € 2.3 million |
| Dividend | € 3,000,000 | € 3,000,000 | |
| Bank debt | € 19,011,865 | € 17,647,150 | ▼ 7% |
| Balance sheet total | € 19,779,842 | € 20,591,463 | ▲ 4% |
Key figures of Tellus Growing Media Baltics, fiscal years 2024 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 Tellus Growing Media Baltics?
What happened at Tellus Growing Media Baltics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IMMODEC NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.3 million (▲ 54% vs 2024). Source: NBB ↗
- New establishment in Grobbendonk. KBO
- Start of the company according to the CBE. KBO
- IMMODEC NV became a director. NBB
In short
From € 3.5 million profit in 2024 to € 5.3 million profit in 2025.
Best year ever: 2025, with € 5.3 million profit.
Paid out € 6 million in dividends to the owners in total.
Pays suppliers within 4 days on average.
Management
The stake of Tellus Growing Media Solutions comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Tellus Growing Media BalticsBehind Tellus Growing Media Baltics is TELLUS GROWING MEDIA SOLUTIONS. The shares are held by Tellus Growing Media Solutions (100%). It owns 100% of HAWITA BALTIC SIA itself.
Directors
According to the 2025 annual accounts
TELLUS GROWING MEDIA SOLUTIONS
Chairman of the board · represented by Koen Feyaerts
Also active at: VAN ISRAEL, Tellus Lanaken
Managing director · represented by Tom De Ceuster
Also active at: DE CEUSTER MESTSTOFFEN, GROVEN IMMO, The Pots Company, Tellus Growing Media Solutions
since 2023 · until 2029
Shareholders
Participations
HAWITA BALTIC SIA
100%
Establishments
Establishment units
Physical locations of this company
Bannerlaan 75
2280 Grobbendonk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →STEENBEEK
€ 1.3 million revenue · 2025
GROVEN IMMO same network
€ -5,835 gross margin · 2025
GROUP DE CEUSTER
€ 5 million revenue · 2025
Tellus Lanaken same network
€ -63,168 gross margin · 2025
Tellus Growing Media Solutions same network
€ 1.7 million revenue · 2025
+2 more
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0800.375.011
- VAT number
- BE 0800.375.011
- Registered office
- Bannerlaan 75, 2280 Grobbendonk
- Names & denominations
- Tellus Growing Media Baltics · TGM Baltics
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2023
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- groupdc.be
- Activities · NACE
Activiteiten van holdings
Holdings