What does TGV-AGRO do?

TGV-AGRO is a farm in Gingelom. Private Limited, started on 20 May 2005, 1 establishment.

What is the address of TGV-AGRO?

The registered office of TGV-AGRO is located at Truilingenstraat 85 box B, 3891 Gingelom.

Is TGV-AGRO still active?

Yes. According to the CBE (31 October 2026) TGV-AGRO is active, legal situation “Normale toestand”, started on 20 May 2005.

Is TGV-AGRO registered on Peppol?

Yes, TGV-AGRO is registered on the Peppol network with ID 0208:0873934465.

What is the enterprise number of TGV-AGRO?

The enterprise number of TGV-AGRO is BE0873934465.

When was TGV-AGRO founded?

TGV-AGRO was founded on 20 May 2005.

Who are the directors of TGV-AGRO?

According to the 2026 annual accounts, the directors of TGV-AGRO are: Wesley Terwinghe, JEAN-LUC VANVAL, Heidi Billen, Luc Terwinghe.

Is TGV-AGRO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 May 2005; 5 annual accounts filed, latest fiscal year 2026; 4 directors known from the annual account.

How much profit did TGV-AGRO make in 2026?

TGV-AGRO posted a profit after taxes of € 4,861 in financial year 2026.

What is the revenue of TGV-AGRO?

As a small company, TGV-AGRO is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 111,624.

How much does an employee at TGV-AGRO earn?

The average wage cost per full-time employee at TGV-AGRO was € 41,800 in 2025: staff costs of € 41,798 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

TGV-AGRO (Private Limited) - Gingelom - BE0873934465

Dossier TGV-AGRO, printed on 31 October 2026 from databakkes.be/en/0873934465/tgv-agro. 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 57 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

TGV-AGRO from Gingelom, company number BE0873934465, closed financial year 2026 with a result of € 4,861 after tax. For that financial year TGV-AGRO recorded a gross margin of € 111,624 and equity of € 51,599. Compared with financial year 2025, the result moved from € 97,575 to € 4,861. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 21, 2026.

What it is worth Growing

€ 51,599

▲ 10% vs 2025

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

Profit Healthy

€ 4,861

▼ 95% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 13,176

▼ 74% vs 2025

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

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 33,049.

People and assets in 2026

Wage cost

€ 52,277

▲ 25% vs 2025

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 382,868

▲ € 347,815 vs 2025

Of which on lease € 382,868.

Debts at end 2026

Bank debt ≈ 7 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.

€ 378,586

▲ € 349,442 vs 2025

€ 52,275 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 105,890

▲ 87% vs 2025

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

Taxes and wages

€ 12,535

▲ 33% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 136,476 Gross margin 2023: € 136,476 First fiscal year in the series	€ 81,006 Gross margin 2024: € 81,006 ▼ 41% vs 2023 (€ 136,476) Unfavourable step	€ 161,863 Gross margin 2025: € 161,863 ▲ 100% vs 2024 (€ 81,006) Favourable step	€ 111,624 Gross margin 2026: € 111,624 ▼ 31% vs 2025 (€ 161,863) Unfavourable step	▼ 31%
Profit after taxes	€ 37,224 Profit after taxes 2023: € 37,224 First fiscal year in the series	€ 11,396 Profit after taxes 2024: € 11,396 ▼ 69% vs 2023 (€ 37,224) Unfavourable step	€ 97,575 Profit after taxes 2025: € 97,575 ▲ € 86,179 vs 2024 (€ 11,396) Favourable step	€ 4,861 Profit after taxes 2026: € 4,861 ▼ 95% vs 2025 (€ 97,575) Unfavourable step	▼ 95%
Equity	€ -62,234 Equity 2023: € -62,234 First fiscal year in the series	€ -50,838 Equity 2024: € -50,838 ▲ € 11,396 vs 2023 (€ -62,234) Favourable step	€ 46,738 Equity 2025: € 46,738 ▲ € 97,575 vs 2024 (€ -50,838) Favourable step	€ 51,599 Equity 2026: € 51,599 ▲ 10% vs 2025 (€ 46,738) Favourable step	▲ 10%
Total debts	€ 328,431 Total debts 2023: € 328,431 First fiscal year in the series	€ 347,364 Total debts 2024: € 347,364 ▲ 6% vs 2023 (€ 328,431) Unfavourable step	€ 261,525 Total debts 2025: € 261,525 ▼ 25% vs 2024 (€ 347,364) Favourable step	€ 585,537 Total debts 2026: € 585,537 ▲ 124% vs 2025 (€ 261,525) Unfavourable step	▲ 124%
Cash	€ 40,293 Cash 2023: € 40,293 First fiscal year in the series	€ 73,394 Cash 2024: € 73,394 ▲ 82% vs 2023 (€ 40,293) Favourable step	€ 50,239 Cash 2025: € 50,239 ▼ 32% vs 2024 (€ 73,394) Unfavourable step	€ 13,176 Cash 2026: € 13,176 ▼ 74% vs 2025 (€ 50,239) Unfavourable step	▼ 74%
Land & buildings	€ 115,829 Land & buildings 2023: € 115,829 First fiscal year in the series	€ 104,976 Land & buildings 2024: € 104,976 ▼ 9% vs 2023 (€ 115,829) Unchanged	€ 94,122 Land & buildings 2025: € 94,122 ▼ 10% vs 2024 (€ 104,976) Unchanged	€ 83,268 Land & buildings 2026: € 83,268 ▼ 12% vs 2025 (€ 94,122) Unchanged	▼ 12%
Retained profit	€ -80,784 Retained profit 2023: € -80,784 First fiscal year in the series	€ -69,388 Retained profit 2024: € -69,388 ▲ € 11,396 vs 2023 (€ -80,784) Favourable step	€ 28,188 Retained profit 2025: € 28,188 ▲ € 97,575 vs 2024 (€ -69,388) Favourable step	€ 33,049 Retained profit 2026: € 33,049 ▲ 17% vs 2025 (€ 28,188) Favourable step	▲ 17%
Bank debt	€ 94,985 Bank debt 2023: € 94,985 First fiscal year in the series	€ 9,533 Bank debt 2024: € 9,533 ▼ 90% vs 2023 (€ 94,985) Favourable step	€ 29,144 Bank debt 2025: € 29,144 ▲ 206% vs 2024 (€ 9,533) Unfavourable step	€ 378,586 Bank debt 2026: € 378,586 ▲ € 349,442 vs 2025 (€ 29,144) Unfavourable step	▲ € 349,442
Balance sheet total	€ 266,197 Balance sheet total 2023: € 266,197 First fiscal year in the series	€ 296,526 Balance sheet total 2024: € 296,526 ▲ 11% vs 2023 (€ 266,197) Unchanged	€ 308,263 Balance sheet total 2025: € 308,263 ▲ 4% vs 2024 (€ 296,526) Unchanged	€ 637,136 Balance sheet total 2026: € 637,136 ▲ 107% vs 2025 (€ 308,263) Unchanged	▲ 107%
Employees (FTE)	-	0.8 Employees (FTE) 2024: 0.8 First fiscal year in the series	1 Employees (FTE) 2025: 1 ▲ 0.2 vs 2024 (0.8) Unchanged	-

Key figures of TGV-AGRO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to TGV-AGRO?

What happened at TGV-AGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 21, 2026 New annual accounts for financial year 2026: profit of € 4,861 (▼ 95% vs 2025). Source: NBB ↗
May 20, 2005 New establishment in Gingelom. KBO
May 20, 2005 Start of the company according to the CBE. KBO

In short

From € 37,224 profit in 2023 to € 4,861 profit in 2026.

Best year ever: 2025, with € 97,575 profit.

On average € 161,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Wesley Terwinghe JEAN-LUC VANVAL Heidi Billen Luc Terwinghe

TGV-AGRO

Behind TGV-AGRO are Wesley Terwinghe, JEAN-LUC VANVAL, Heidi Billen and Luc Terwinghe.

Directors

According to the 2026 annual accounts

Wesley Terwinghe

Director

JEAN-LUC VANVAL

Director

Heidi Billen

Director

Luc Terwinghe

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Truilingenstraat 85 box B

3891 Gingelom

2.147.121.328

Truilingenstraat 85 B

3891 Gingelom

Active since 20 May 2005

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0873.934.465

VAT number

BE 0873.934.465

Registered office

Truilingenstraat 85 bus B, 3891 Gingelom

Names & denominations

TGV-AGRO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 May 2005

Peppol

Active · Active since 19 Jun 2025

Activities · NACE

Ondersteunende activiteiten in verband met de teelt van gewassen

Goederenvervoer over de weg

Landschapsverzorging

Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken

View on CBE Public ↗ Annual accounts (NBB) ↗

TGV-AGRO

Warning lights

Financials

What happened to TGV-AGRO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions