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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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TERRA from Hasselt, company number BE0879600057, closed financial year 2025 with a result of € 743,677 after tax. For that financial year TERRA recorded revenue of € 2.1 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 946,199 to € 743,677. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 3.9 million
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 743,677
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 93,592
▲ 130% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 2.8 million
▲ € 2.4 million vs 2024
Loans from banks and other lenders, long and short.
€ 4,770
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 2 days on average.
€ 270,716
▲ 252% 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 | € 12,693,306 | € -276,895 | € 5,045,976 | € 2,056,178 | ▼ 59% |
| Profit after taxes | € 2,146,280 | € -277,008 | € 946,199 | € 743,677 | ▼ 21% |
| Equity | € 5,498,112 | € 5,221,103 | € 6,167,302 | € 3,910,978 | ▼ 37% |
| Total debts | € 2,613,852 | € 2,998,934 | € 509,200 | € 3,079,856 | ▲ € 2.6 million |
| Cash | € 346,563 | € 59,339 | € 40,765 | € 93,592 | ▲ 130% |
| Retained profit | € 5,436,112 | € 5,159,103 | € 6,105,302 | € 3,848,978 | ▼ 37% |
| Dividend | € 0 | € 0 | € 0 | € 3,000,000 | |
| Bank debt | € 0 | € 0 | € 365,000 | € 2,795,000 | ▲ € 2.4 million |
| Balance sheet total | € 8,111,964 | € 8,220,038 | € 6,676,502 | € 6,990,835 | ▲ 5% |
Key figures of 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 July 2027.
What happened to TERRA?
What happened at TERRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tdevelopment BV stepped down as director. NBB
- PVMA BV stepped down as director. NBB
- Ciril NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 743,677 (▼ 21% vs 2024). Source: NBB ↗
- MaLiBe BV stepped down as director. NBB
- MaLiBe BV became a director. NBB
- Tdevelopment BV became a director. NBB
- PVMA BV became a director. NBB
In short
From € 2.1 million profit in 2022 to € 743,677 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.1 million profit.
Paid out € 3 million in dividends to the owners in total.
A new publication or filing at TERRA? We notify you, reason included.
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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
The stake of CIRIL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERRAThe shares are held by CIRIL (100%). It owns 50% of Netestad Immo NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Johan Van den Broeck
Also active at: VANDENBRIELE, A.E.W., DEHOLI, CIRIL, DEMOCO, DEMOCO GROUP, AEW Security, Demtec Services +2 more
since 2023 · until 2025
Director · represented by Pieter Vanhout
Also active at: Craeyenhof, CIRIL, DOK DEVELOPMENT, S3H, DEMCOR, DEMOCO GROUP, BONNEFANT, Trias BEL Souverain - T +10 more
since 2021 · until 2027
Director · represented by Thibaud Demot
Also active at: VANDENBRIELE, A.E.W., DEHOLI, HERK&RED, CIRIL, DEMOCO, DEMOCO GROUP, AEW Security +7 more
since 2023 · until 2029
Director · represented by Philip Demot
Also active at: Craeyenhof, DOK DEVELOPMENT, S3H, BONNEFANT, Trias BEL Souverain - T, DAM 71, Herkenrode Development, Craeyenhof Properties +12 more
since 2021 · until 2027
Shareholders
100%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Herkenrodesingel 4B
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →Craeyenhof same network
HERK&RED same network
€ 1.7 million revenue · 2025
CIRIL same network
€ 22 million revenue · 2025
DEMOCO same network
€ 188.3 million revenue · 2025
DOK DEVELOPMENT same network
€ 687,000 revenue · 2025
+39 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.600.057
- VAT number
- BE 0879.600.057
- Registered office
- Herkenrodesingel 4B, 3500 Hasselt
- Names & denominations
- TERRA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2006
- Peppol
- Active · Active since 15 Jan 2026