Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TERRA SELECTION from Ukkel, company number BE0805081687, closed financial year 2025 with a result of € 875 after tax. For that financial year TERRA SELECTION recorded a gross margin of € 4,986 and equity of € -43,240. Compared with financial year 2024, the result moved from € -49,114 to € 875. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ -43,240
▲ € 875 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 875
▲ still € 49,114 loss in 2024
Profit after tax over the fiscal year.
€ 4,912
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -48,240.
Debts at end 2025
€ 39,577
▼ 6% vs 2024
€ 5,032 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 43,313
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,655
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -24,707 | € 4,986 | ▲ € 29,693 |
| Profit after taxes | € -49,114 | € 875 | ▲ € 49,989 |
| Equity | € -44,114 | € -43,240 | ▲ € 875 |
| Total debts | € 78,902 | € 84,545 | ▲ 7% |
| Cash | € 6,997 | € 4,912 | ▼ 30% |
| Retained profit | € -49,114 | € -48,240 | ▲ € 875 |
| Bank debt | € 42,058 | € 39,577 | ▼ 6% |
| Balance sheet total | € 34,788 | € 41,305 | ▲ 19% |
Key figures of TERRA SELECTION, 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 TERRA SELECTION?
What happened at TERRA SELECTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 875. Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,114 loss in 2024 to € 875 profit in 2025.
Paid € 63 in corporate taxes since 2024.
Best year ever: 2025, with € 875 profit.
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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
Behind TERRA SELECTION are Domenico PAGLIA and Andrea TEGLIA. Domenico PAGLIA is also behind FGA IMMO.
Directors
According to the 2025 annual accounts
Andrea TEGLIA
Director
Establishments
Establishment units
Physical locations of this company
Sint-Jobsesteenweg 361
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0805.081.687
- VAT number
- BE 0805.081.687
- Registered office
- Sint-Jobsesteenweg 361, 1180 Ukkel
- Names & denominations
- TERRA SELECTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 August 2023
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Groothandel in dranken, algemeen assortiment
Groothandel in andere voedingsmiddelen, neg
Niet-gespecialiseerde groothandel in diepgevroren voedingsmiddelen