Active · per the CBE, 1 October 2026

Terravec

BE0802122989

Rechtspersoon Private limited company 1 establishment

Terravec is an electrical contractor in Grimbergen. Private Limited, started on 25 May 2023, 1 establishment.

Wezelstraat 28, 1850 Grimbergen

Behind the company: Gaël Boëzec.

Active for

3 year, 4 months

Financials

Financial year 2025

Terravec from Grimbergen, company number BE0802122989, closed financial year 2025 with a result of € 22,995 after tax. For that financial year Terravec recorded a gross margin of € 38,551 and equity of € 57,564. Compared with financial year 2024, the result moved from € 32,569 to € 22,995. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.

What it is worth Growing

€ 57,564

▲ 67% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 22,995

▼ 29% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,614

▲ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 55,564.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 5,956

▼ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 4,445

▼ 28% vs 2024

€ 1,179 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 4,174

▲ 69% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
20242025Change 2024 → 2025
Gross margin € 47,345 € 38,551 ▼ 19%
Profit after taxes € 32,569 € 22,995 ▼ 29%
Equity € 34,569 € 57,564 ▲ 67%
Total debts € 15,880 € 13,325 ▼ 16%
Cash € 7,628 € 9,614 ▲ 26%
Retained profit € 32,569 € 55,564 ▲ 71%
Bank debt € 6,168 € 4,445 ▼ 28%
Balance sheet total € 50,449 € 70,889 ▲ 41%

Key figures of Terravec, 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 Terravec?

What happened at Terravec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 22,995 (▼ 29% vs 2024). filed late Source: NBB ↗
  • New establishment in Grimbergen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 32,569 profit in 2024 to € 22,995 profit in 2025.

Paid € 16,217 in corporate taxes since 2024.

Best year ever: 2024, with € 32,569 profit.

Management

Gaël Boëzec
Terravec

Behind Terravec is Gaël Boëzec.

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Directors

According to the 2025 annual accounts

Gaël Boëzec

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Wezelstraat 28

1850 Grimbergen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0802.122.989
VAT number
BE 0802.122.989
Registered office
Wezelstraat 28, 1850 Grimbergen
Names & denominations
Terravec
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
25 May 2023
Peppol
Active · Active since 30 Oct 2025
Activities · NACE

Algemene elektrotechnische installatiewerken

Schilderen van gebouwen

Overige bouwinstallatie

Stukadoorswerk

Sanitaire werkzaamheden

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Overige bouwinstallatie, n.e.g.

Frequently asked questions

What does Terravec do?
Terravec is an electrical contractor in Grimbergen. Private Limited, started on 25 May 2023, 1 establishment.
What is the address of Terravec?
The registered office of Terravec is located at Wezelstraat 28, 1850 Grimbergen.
Is Terravec still active?
Yes. According to the CBE (1 October 2026) Terravec is active, legal situation “Normale toestand”, started on 25 May 2023.
Is Terravec registered on Peppol?
Yes, Terravec is registered on the Peppol network with ID 0208:0802122989.
What is the enterprise number of Terravec?
The enterprise number of Terravec is BE0802122989.
When was Terravec founded?
Terravec was founded on 25 May 2023.