Financials
Financial year 2025
TER VLIET from Wervik, company number BE0811779538, closed financial year 2025 with a result of € 102,475 after tax. For that financial year TER VLIET recorded a gross margin of € 200,908 and equity of € 484,551. Compared with financial year 2024, the result moved from € 97,975 to € 102,475. Profitable, and profit is growing. 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 July 17, 2026.
€ 484,551
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 102,475
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 189,510
▲ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3,400 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 31,819
▲ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 969
▼ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 107,490
▼ 32% vs 2024
€ 11,674 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 12,302
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,463
▲ 129% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 131,417 | € 278,528 | € 209,940 | € 200,908 | ▼ 4% |
| Profit after taxes | € 83,369 | € 160,681 | € 97,975 | € 102,475 | ▲ 5% |
| Equity | € 129,852 | € 289,701 | € 385,476 | € 484,551 | ▲ 26% |
| Total debts | € 223,398 | € 154,125 | € 193,434 | € 158,771 | ▼ 18% |
| Cash | € 46,416 | € 72,012 | € 100,026 | € 189,510 | ▲ 89% |
| Land & buildings | € 218,322 | € 216,906 | € 335,726 | € 324,344 | ▼ 3% |
| Retained profit | € 117,452 | € 277,301 | € 373,076 | € 472,151 | ▲ 27% |
| Dividend | € 36,022 | € 833 | € 2,200 | € 3,400 | ▲ 55% |
| Bank debt | € 148,473 | € 129,690 | € 157,386 | € 107,490 | ▼ 32% |
| Balance sheet total | € 353,250 | € 443,825 | € 578,910 | € 643,322 | ▲ 11% |
By gross margin, TER VLIET ranks 1st of 4 companies with main activity “Overige technische testen en toetsen” in Wervik that publish figures (fiscal year 2025).
Key figures of TER VLIET, 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.
Ask about TER VLIET the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to TER VLIET?
What happened at TER VLIET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 102,475 (▲ 5% vs 2024). Source: NBB ↗
- New establishment in Wervik. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 83,369 profit in 2022 to € 102,475 profit in 2025.
Paid € 184,331 in corporate taxes since 2022.
Best year ever: 2023, with € 160,681 profit.
Paid out € 42,455 in dividends to the owners in total.
Management
Behind TER VLIET is BART MASQUELIN.
Directors
According to the 2025 annual accounts
BART MASQUELIN
Director
Establishments
Establishment units
Physical locations of this company
Kruisekestraat 197 box 101
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Wervik
Same main activity (Overige technische testen en toetsen), 4 active companies in Wervik, largest first.
€ 134,679 gross margin · 2025
RENAAT GOEMAERE MANAGMENTVENNOOTSCHAP
€ 20,547 gross margin · 2025
€ 11,585 gross margin · 2024
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MASQUELIN Bart Jan Jozef(Oprichter-Vennoot) 100%
Details
- Company number
- 0811.779.538
- VAT number
- BE 0811.779.538
- Registered office
- Kruisekestraat 197 bus 101, 8940 Wervik
- Names & denominations
- TER VLIET · Epc Buro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2009
- Peppol
- Active · Active since 5 Feb 2025
- Activities · NACE
Overige technische testen en toetsen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering