Financials
Financial year 2025
BEL TERRA from Waregem, company number BE0867591160, closed financial year 2025 with a result of € 2,345 after tax. For that financial year BEL TERRA recorded a gross margin of € 64,236 and equity of € 843,011. Compared with financial year 2024, the result moved from € -33,991 to € 2,345. 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 March 20, 2026.
€ 843,011
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,345
▲ still € 33,991 loss in 2024
Profit after tax over the fiscal year.
€ 52,823
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3,011.
People and assets in 2025
€ 2,166
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,022
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 500
▼ 50% 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 | |
|---|---|---|---|---|---|
| Revenue | € 369,184 | - | - | - | |
| Gross margin | € 96,944 | € 58,083 | € 27,042 | € 64,236 | ▲ 138% |
| Profit after taxes | € 38,926 | € -1,687 | € -33,991 | € 2,345 | ▲ € 36,336 |
| Equity | € 876,343 | € 874,656 | € 840,665 | € 843,011 | |
| Total debts | € 960,340 | € 895,185 | € 809,917 | € 771,828 | ▼ 5% |
| Cash | € 102,108 | € 74,843 | € 46,438 | € 52,823 | ▲ 14% |
| Land & buildings | € 1,670,984 | € 1,625,169 | € 1,575,460 | € 1,525,581 | ▼ 3% |
| Retained profit | € 36,343 | € 34,656 | € 665 | € 3,011 | ▲ € 2,345 |
| Balance sheet total | € 1,836,683 | € 1,769,841 | € 1,650,582 | € 1,614,838 | ▼ 2% |
Key figures of BEL TERRA, 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 March 2027.
What happened to BEL TERRA?
What happened at BEL TERRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,345. Source: NBB ↗
- Godelieve Tanghe became a director. NBB
- Eddy Demey became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,926 profit in 2022 to € 2,345 profit in 2025.
Best year ever: 2022, with € 38,926 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
Behind BEL TERRA are Godelieve Tanghe and Eddy Demey.
Directors
According to the 2025 annual accounts
Godelieve Tanghe
Director
since 2020
Eddy Demey
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Hippodroomstraat 66
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
PREVIDER-AS, NL
Website info
Features
Security
Network
Details
- Company number
- 0867.591.160
- VAT number
- BE 0867.591.160
- Registered office
- Hippodroomstraat 66, 8790 Waregem
- Names & denominations
- BEL TERRA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2004
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- belterra.be
- Activities · NACE
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