Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
Brussels Health and Education Center TERRANOVA from Brussel, company number BE0867122491, closed financial year 2025 with a result of € 98,770 after tax. For that financial year Brussels Health and Education Center TERRANOVA recorded revenue of € 129,799 and equity of € -449,657. Compared with financial year 2024, the result moved from € 30,331 to € 98,770. Profitable, and profit is growing. 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 March 17, 2026.
€ -449,657
▲ € 93,113 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98,770
▲ 226% vs 2024
Profit after tax over the fiscal year.
€ 349,090
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 2,911
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 992,947
▼ 7% vs 2024
€ 75,034 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 112,361
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 103,715 | € 112,363 | € 117,046 | € 129,799 | ▲ 11% |
| Gross margin | € 137,545 | € 119,091 | € 117,777 | € 191,674 | ▲ 63% |
| Profit after taxes | € 36,585 | € 23,737 | € 30,331 | € 98,770 | ▲ 226% |
| Equity | € -585,525 | € -567,444 | € -542,770 | € -449,657 | ▲ € 93,113 |
| Total debts | € 1,628,753 | € 1,484,096 | € 1,396,377 | € 1,313,292 | ▼ 6% |
| Cash | € 446,477 | € 364,311 | € 342,522 | € 349,090 | ▲ 2% |
| Land & buildings | € 570,518 | € 528,653 | € 486,788 | € 464,579 | ▼ 5% |
| Retained profit | € -681,696 | € -657,959 | € -627,628 | € -528,857 | ▲ € 98,770 |
| Bank debt | € 1,200,448 | € 1,134,096 | € 1,064,968 | € 992,947 | ▼ 7% |
| Balance sheet total | € 1,043,228 | € 916,651 | € 853,606 | € 863,635 | ▲ 1% |
Key figures of Brussels Health and Education Center TERRANOVA, 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 Brussels Health and Education Center TERRANOVA?
What happened at Brussels Health and Education Center TERRANOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lieve Timmermans stepped down as director. NBB
- Karen Van Wassenhove stepped down as director. NBB
- Alexandre Deschuymere stepped down as director. NBB
- Greet Raspoet stepped down as director. NBB
- Herman Huybrechts stepped down as director. NBB
- Véronique Vande Gucht stepped down as director. NBB
- Jean-Luc Demeere stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 98,770 (▲ 226% vs 2024). Source: NBB ↗
In short
From € 36,585 profit in 2022 to € 98,770 profit in 2025.
Best year ever: 2025, with € 98,770 profit.
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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
Directors
According to the 2025 annual accounts
Karen Van Wassenhove
Director
since 2025 · until 2028
Alexandre Deschuymere
Chairman of the board
Also active at: ASBL EPHEC-GALILEE, Gezondheidsinstellingen Brussel Bruxelles Institutions de Santé
since 2025 · until 2028
since 2025 · until 2028
Herman Huybrechts
Director
since 2025 · until 2028
since 2025 · until 2029
Véronique Vande Gucht
Director
since 2025 · until 2028
Jean-Luc Demeere
Director
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Blekerijstraat 23-29 box 1
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0867.122.491
- VAT number
- BE 0867.122.491
- Registered office
- Blekerijstraat 23-29 bus 1, 1000 Brussel
- Names & denominations
- Brussels Health and Education Center TERRANOVA · TERRANOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 8 September 2004
- Peppol
- Active · Active since 1 Apr 2025