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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
TERRA MIA from Mouscron, company number BE0859845018, closed financial year 2025 with a result of € -69,081 after tax. For that financial year TERRA MIA recorded a gross margin of € -6,751 and equity of € -1.9 million. Compared with financial year 2024, the result moved from € -196,110 to € -69,081. The company made a loss. 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 August 27, 2026.
€ -1.9 million
▼ € 69,081 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -69,081
▲ 65 % less loss than in 2024
Profit after tax over the fiscal year.
€ 44,832
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 698,964
€ 280,631 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 527,277
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 537,759
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,209 | € -707 | € -678 | € -6,751 | ▼ € 6,073 |
| Profit after taxes | € -1,238 | € -725 | € -196,110 | € -69,081 | ▲ € 127,029 |
| Equity | € -1,600,559 | € -1,601,284 | € -1,797,394 | € -1,866,475 | ▼ € 69,081 |
| Total debts | € 1,711,299 | € 1,711,358 | € 1,903,903 | € 1,972,359 | ▲ 4% |
| Cash | € 23,795 | € 41,129 | € 45,457 | € 44,832 | ▼ 1% |
| Retained profit | € -2,100,559 | € -2,101,284 | € -2,297,394 | € -2,366,475 | ▼ € 69,081 |
| Bank debt | € 698,964 | € 698,964 | € 698,964 | € 698,964 | |
| Balance sheet total | € 110,740 | € 110,073 | € 106,509 | € 105,884 | ▼ 1% |
Key figures of TERRA MIA, 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 MIA?
What happened at TERRA MIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TERRA MIA is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 69,081. filed late Source: NBB ↗
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,238 loss in 2022 to € 69,081 loss in 2025.
Paid € 21,828 in corporate taxes since 2022.
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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 MIA is Thomas Goethals. Thomas Goethals is also behind Gifar, MAVAN, Himmovar, BIVERMA and ORION - MARKE.
Directors
According to the 2025 annual accounts
Thomas Goethals
Liquidator
Also active at: Gifar, MAVAN, Himmovar, BIVERMA, ORION - MARKE, D & D Furniture, HUIS D'HAENENS, LES JARDINS D'ADRIENNE +3 more
Establishments
Establishment units
Physical locations of this company
Jules Vantieghemstraat(D) 33
7711 Mouscron
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.845.018
- VAT number
- BE 0859.845.018
- Registered office
- Jules Vantieghemstraat(D) 33, 7711 Mouscron
- Names & denominations
- TERRA MIA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 30 July 2003
- Peppol
- Active · Active since 13 Mar 2026