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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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TERRA HUY from Sint-Niklaas, company number BE0834383508, closed financial year 2025 with a result of € 232,696 after tax. For that financial year TERRA HUY recorded a gross margin of € 443,534 and equity of € 496,868. Compared with financial year 2024, the result moved from € 106,151 to € 232,696. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 496,868
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 232,696
▲ 119% vs 2024
Profit after tax over the fiscal year.
€ 16,017
▲ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
86 % of the profit went to the shareholders, mostly to STARIUS (50 % of the shares). That is where the money ends up.
Debts at end 2025
€ 1.4 million
Loans from banks and other lenders, long and short.
€ 2,559
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,655
▼ 36% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 394,272 | € 467,484 | € 368,218 | € 443,534 | ▲ 20% |
| Profit after taxes | € 116,866 | € 168,693 | € 106,151 | € 232,696 | ▲ 119% |
| Equity | € 1,392,900 | € 1,461,593 | € 464,172 | € 496,868 | ▲ 7% |
| Total debts | € 1,832,977 | € 1,566,858 | € 1,630,973 | € 1,818,200 | ▲ 11% |
| Cash | € 211,668 | € 27,700 | € 10,226 | € 16,017 | ▲ 57% |
| Land & buildings | € 2,819,718 | € 2,629,517 | € 1,616,736 | € 1,541,263 | ▼ 5% |
| Retained profit | € 1,277,900 | € 1,346,593 | € 436,003 | € 468,698 | ▲ 7% |
| Dividend | € 0 | € 100,000 | € 0 | € 200,000 | |
| Bank debt | € 1,660,000 | € 1,350,000 | € 1,350,000 | € 1,350,000 | |
| Balance sheet total | € 3,225,877 | € 3,028,451 | € 2,095,145 | € 2,315,067 | ▲ 10% |
Key figures of TERRA HUY, 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 HUY?
What happened at TERRA HUY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 232,696 (▲ 119% vs 2024). Source: NBB ↗
- Carl Seys became a director. NBB
- Kris De Saegher became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 116,866 profit in 2022 to € 232,696 profit in 2025.
Paid € 197,219 in corporate taxes since 2022.
Best year ever: 2025, with € 232,696 profit.
Paid out € 300,000 in dividends to the owners in total.
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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 STARIUS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERRA HUYBehind TERRA HUY are Carl Seys and Kris De Saegher. The shares are held by STARIUS (50%).
Directors
According to the 2025 annual accounts
Carl Seys
Director
Also active at: Jacobs, VIVENTA, C&J Laboratories Belgium, STARIUS CLASSICS, CANARY, STARIUS, BERNARD, VitaSol +1 more
since 2023
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Driegaaienstraat 192+
9100 Sint-Niklaas
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
- 0834.383.508
- VAT number
- BE 0834.383.508
- Registered office
- Driegaaienstraat 192+, 9100 Sint-Niklaas
- Names & denominations
- TERRA HUY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2011
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van holdings
Handel in elektriciteit
Holdings