What is the address of HOLDCO TER ELST?

The registered office of HOLDCO TER ELST is located at Terelststraat 310, 2650 Edegem.

Is HOLDCO TER ELST still active?

Yes. According to the CBE (29 October 2026) HOLDCO TER ELST is active, legal situation “Normale toestand”, started on 16 June 2011.

Is HOLDCO TER ELST registered on Peppol?

No, HOLDCO TER ELST is currently not registered on the Peppol network.

What is the enterprise number of HOLDCO TER ELST?

The enterprise number of HOLDCO TER ELST is BE0837055461.

When was HOLDCO TER ELST founded?

HOLDCO TER ELST was founded on 16 June 2011.

Who are the directors of HOLDCO TER ELST?

According to the 2025 annual accounts, the directors of HOLDCO TER ELST are: Nuno Vertessen, VACHRO BV, Cedco BV.

Is HOLDCO TER ELST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 June 2011; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did HOLDCO TER ELST make in 2025?

HOLDCO TER ELST recorded a loss after taxes of € 74,303 in financial year 2025.

What is the revenue of HOLDCO TER ELST?

As a small company, HOLDCO TER ELST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 25,976.

HOLDCO TER ELST (Public Limited) - Edegem - BE0837055461

Dossier HOLDCO TER ELST, printed on 29 October 2026 from databakkes.be/en/0837055461/holdco-ter-elst. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

HOLDCO TER ELST from Edegem, company number BE0837055461, closed financial year 2025 with a result of € -74,303 after tax. For that financial year HOLDCO TER ELST recorded a gross margin of € 25,976 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 129,553 to € -74,303. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Healthy

€ 1.4 million

▼ 5% vs 2024

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

Loss Caution

€ -74,303

▼ still € 129,553 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 21,920

▲ 92% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 673,439.

Debts at end 2025

Bank debt ≈ 17 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.4 million

€ 195,758 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.

Owed to suppliers

€ 2,620

▼ 28% vs 2024

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

Taxes

€ 4,000

▼ 6% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -4,828 Gross margin 2022: € -4,828 First fiscal year in the series	€ -2,569 Gross margin 2023: € -2,569 ▲ € 2,259 vs 2022 (€ -4,828) Favourable step	€ -3,520 Gross margin 2024: € -3,520 ▼ € 951 vs 2023 (€ -2,569) Unfavourable step	€ 25,976 Gross margin 2025: € 25,976 ▲ € 29,495 vs 2024 (€ -3,520) Favourable step	▲ € 29,495
Profit after taxes	€ 225,095 Profit after taxes 2022: € 225,095 First fiscal year in the series	€ 375,060 Profit after taxes 2023: € 375,060 ▲ 67% vs 2022 (€ 225,095) Favourable step	€ 129,553 Profit after taxes 2024: € 129,553 ▼ 65% vs 2023 (€ 375,060) Unfavourable step	€ -74,303 Profit after taxes 2025: € -74,303 ▼ € 203,856 vs 2024 (€ 129,553) Unfavourable step	▼ € 203,856
Equity	€ 943,795 Equity 2022: € 943,795 First fiscal year in the series	€ 1,318,856 Equity 2023: € 1,318,856 ▲ 40% vs 2022 (€ 943,795) Favourable step	€ 1,448,408 Equity 2024: € 1,448,408 ▲ 10% vs 2023 (€ 1,318,856) Favourable step	€ 1,374,105 Equity 2025: € 1,374,105 ▼ 5% vs 2024 (€ 1,448,408) Unfavourable step	▼ 5%
Total debts	€ 4,338,701 Total debts 2022: € 4,338,701 First fiscal year in the series	€ 3,627,380 Total debts 2023: € 3,627,380 ▼ 16% vs 2022 (€ 4,338,701) Favourable step	€ 3,494,127 Total debts 2024: € 3,494,127 ▼ 4% vs 2023 (€ 3,627,380) Favourable step	€ 3,578,912 Total debts 2025: € 3,578,912 ▲ 2% vs 2024 (€ 3,494,127) Unfavourable step	▲ 2%
Cash	€ 22,497 Cash 2022: € 22,497 First fiscal year in the series	€ 8,505 Cash 2023: € 8,505 ▼ 62% vs 2022 (€ 22,497) Unfavourable step	€ 11,438 Cash 2024: € 11,438 ▲ 34% vs 2023 (€ 8,505) Favourable step	€ 21,920 Cash 2025: € 21,920 ▲ 92% vs 2024 (€ 11,438) Favourable step	▲ 92%
Retained profit	€ 243,128 Retained profit 2022: € 243,128 First fiscal year in the series	€ 618,189 Retained profit 2023: € 618,189 ▲ 154% vs 2022 (€ 243,128) Favourable step	€ 747,742 Retained profit 2024: € 747,742 ▲ 21% vs 2023 (€ 618,189) Favourable step	€ 673,439 Retained profit 2025: € 673,439 ▼ 10% vs 2024 (€ 747,742) Unfavourable step	▼ 10%
Bank debt	€ 3,980,000 Bank debt 2022: € 3,980,000 First fiscal year in the series	€ 3,623,682 Bank debt 2023: € 3,623,682 ▼ 9% vs 2022 (€ 3,980,000) Favourable step	€ 3,436,453 Bank debt 2024: € 3,436,453 ▼ 5% vs 2023 (€ 3,623,682) Favourable step	€ 3,421,001 Bank debt 2025: € 3,421,001 Unchanged (€ 3,436,453) Favourable step
Balance sheet total	€ 5,282,497 Balance sheet total 2022: € 5,282,497 First fiscal year in the series	€ 4,946,235 Balance sheet total 2023: € 4,946,235 ▼ 6% vs 2022 (€ 5,282,497) Unchanged	€ 4,942,536 Balance sheet total 2024: € 4,942,536 Unchanged (€ 4,946,235) Unchanged	€ 4,953,017 Balance sheet total 2025: € 4,953,017 Unchanged (€ 4,942,536) Unchanged

Key figures of HOLDCO TER ELST, 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 HOLDCO TER ELST?

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

2031 Nuno Vertessen stepped down as director. NBB
2031 VACHRO BV stepped down as director. NBB
2029 Cedco BV stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: loss of € 74,303 (▼ € 203,856 vs 2024). Source: NBB ↗
2025 Cedco BV became a director. NBB
2025 Nuno Vertessen became a director. NBB
2025 VACHRO BV became a director. NBB
Jun 17, 2011 New establishment in Edegem. KBO

In short

From € 225,095 profit in 2022 to € 74,303 loss in 2025.

Best year ever: 2023, with € 375,060 profit.

Original PDFs at the National Bank ↗

Management

INSIGHT STRATEGIES 48.3%

PEGASE 16%

VACHRO 10.1%

The stake of INSIGHT STRATEGIES, PEGASE, VACHRO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

HOLDCO TER ELST

Recreatie en Congreshotel Ter Elst 100%

The shares are held by INSIGHT STRATEGIES (48.3%), PEGASE (16%) and VACHRO (10.1%). It owns 100% of Recreatie en Congreshotel Ter Elst itself.