Financials
Financial year 2025
TERRA ELEC from Tubize, company number BE0810856949, closed financial year 2025 with a result of € 37,711 after tax. For that financial year TERRA ELEC recorded a gross margin of € 3.3 million and equity of € 183,864. Compared with financial year 2024, the result moved from € -639,700 to € 37,711. 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 June 12, 2026.
€ 183,864
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,711
▲ still € 639,700 loss in 2024
Profit after tax over the fiscal year.
€ 288,032
▲ 87% 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 € 177,664.
People and assets in 2025
50.5
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 2% vs 2024
€ 62,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,164
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 205,156
▼ 42% vs 2024
Loans from banks and other lenders, long and short.
€ 1.1 million
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 331,461
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,124,264 | € 2,429,698 | € 2,587,147 | € 3,326,345 | ▲ 29% |
| Profit after taxes | € 18,385 | € -16,570 | € -639,700 | € 37,711 | ▲ € 677,411 |
| Equity | € 802,424 | € 785,854 | € 146,153 | € 183,864 | ▲ 26% |
| Total debts | € 2,101,888 | € 1,786,506 | € 2,670,737 | € 2,444,237 | ▼ 8% |
| Cash | € 197,513 | € 235,462 | € 154,181 | € 288,032 | ▲ 87% |
| Retained profit | € 796,224 | € 779,654 | € 139,953 | € 177,664 | ▲ 27% |
| Bank debt | € 248,974 | € 126,581 | € 351,422 | € 205,156 | ▼ 42% |
| Balance sheet total | € 2,904,312 | € 2,572,359 | € 2,816,890 | € 2,628,101 | ▼ 7% |
| Employees (FTE) | 37.8 | 41.3 | 49 | 50.5 | ▲ 1.5 |
Key figures of TERRA ELEC, 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 ELEC?
What happened at TERRA ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,711. Source: NBB ↗
- Elise De Jonghe D'Ardoye became a director. NBB
- Domenico Ranieri became a director. NBB
- New establishment in Tubize. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,385 profit in 2022 to € 37,711 profit in 2025.
Paid € 50,618 in corporate taxes since 2022.
Best year ever: 2025, with € 37,711 profit.
On average € 65,900 of value added per employee in 2025.
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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 SODEMAIM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERRA ELECBehind TERRA ELEC are Elise De Jonghe D'Ardoye and Domenico Ranieri. The shares are held by SODEMAIM (80.7%).
Directors
According to the 2025 annual accounts
Elise De Jonghe D'Ardoye
Director
since 2023
Domenico Ranieri
Director
since 2021
Shareholders
80.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Zénobe Gramme 1
1480 Tubize
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0810.856.949
- VAT number
- BE 0810.856.949
- Registered office
- Avenue Zénobe Gramme 1, 1480 Tubize
- Names & denominations
- TERRA ELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2009
- Peppol
- Active · Active since 20 Aug 2025
- Contact
- [email protected]
- Activities · NACE
Algemene elektrotechnische installatiewerken