What does TERRIZON do?

TERRIZON is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 27 December 2006, 1 establishment.

What is the address of TERRIZON?

The registered office of TERRIZON is located at Hoog Mosscher(Kor) 81 box 5, 8500 Kortrijk.

Is TERRIZON still active?

Yes. According to the CBE (29 October 2026) TERRIZON is active, legal situation “Normale toestand”, started on 27 December 2006.

Is TERRIZON registered on Peppol?

Yes, TERRIZON is registered on the Peppol network with ID 0208:0885960287.

What is the enterprise number of TERRIZON?

The enterprise number of TERRIZON is BE0885960287.

When was TERRIZON founded?

TERRIZON was founded on 27 December 2006.

Who are the directors of TERRIZON?

According to the 2025 annual accounts, the directors of TERRIZON are: Carine Stadsbader, Caroline Despriet, Laurades BV.

Is TERRIZON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 December 2006; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did TERRIZON make in 2025?

TERRIZON recorded a loss after taxes of € 1,525,351 in financial year 2025.

What is the revenue of TERRIZON?

As a small company, TERRIZON is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 929,696.

TERRIZON (Public Limited) - Kortrijk - BE0885960287

Dossier TERRIZON, printed on 29 October 2026 from databakkes.be/en/0885960287/terrizon. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TERRIZON from Kortrijk, company number BE0885960287, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year TERRIZON recorded a gross margin of € 929,696 and equity of € 20.5 million. Compared with financial year 2023, the result moved from € 124,843 to € -1.5 million. The company made a loss. 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 April 27, 2026.

What it is worth Healthy

€ 20.5 million

▼ 7% vs 2023

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

Loss Caution

€ -1.5 million

▼ still € 124,843 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 86,305

▼ 79% vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 13.9 million.

People and assets in 2025

Vehicles and equipment

€ 17,166

▼ 68% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 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.

€ 3.1 million

▼ 16% vs 2023

€ 465,722 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 191,073

▲ 170% vs 2023

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

Taxes

€ 18,013

▲ € 14,010 vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2025	Change 2023 → 2025
Gross margin	€ 1,333,813 Gross margin 2021: € 1,333,813 First fiscal year in the series	€ 521,605 Gross margin 2022: € 521,605 ▼ 61% vs 2021 (€ 1,333,813) Unfavourable step	€ 289,926 Gross margin 2023: € 289,926 ▼ 44% vs 2022 (€ 521,605) Unfavourable step	€ 929,696 Gross margin 2025: € 929,696 ▲ 221% vs 2023 (€ 289,926) Favourable step	▲ 221%
Profit after taxes	€ 362,074 Profit after taxes 2021: € 362,074 First fiscal year in the series	€ 63,143 Profit after taxes 2022: € 63,143 ▼ 83% vs 2021 (€ 362,074) Unfavourable step	€ 124,843 Profit after taxes 2023: € 124,843 ▲ 98% vs 2022 (€ 63,143) Favourable step	€ -1,525,351 Profit after taxes 2025: € -1,525,351 ▼ € 1.7 million vs 2023 (€ 124,843) Unfavourable step	▼ € 1.7 million
Equity	€ 21,872,941 Equity 2021: € 21,872,941 First fiscal year in the series	€ 21,936,084 Equity 2022: € 21,936,084 Unchanged (€ 21,872,941) Favourable step	€ 22,060,927 Equity 2023: € 22,060,927 ▲ 1% vs 2022 (€ 21,936,084) Favourable step	€ 20,535,576 Equity 2025: € 20,535,576 ▼ 7% vs 2023 (€ 22,060,927) Unfavourable step	▼ 7%
Total debts	€ 2,424,453 Total debts 2021: € 2,424,453 First fiscal year in the series	€ 2,028,936 Total debts 2022: € 2,028,936 ▼ 16% vs 2021 (€ 2,424,453) Favourable step	€ 4,074,427 Total debts 2023: € 4,074,427 ▲ 101% vs 2022 (€ 2,028,936) Unfavourable step	€ 3,818,368 Total debts 2025: € 3,818,368 ▼ 6% vs 2023 (€ 4,074,427) Favourable step	▼ 6%
Cash	€ 860,368 Cash 2021: € 860,368 First fiscal year in the series	€ 450,499 Cash 2022: € 450,499 ▼ 48% vs 2021 (€ 860,368) Unfavourable step	€ 420,883 Cash 2023: € 420,883 ▼ 7% vs 2022 (€ 450,499) Unfavourable step	€ 86,305 Cash 2025: € 86,305 ▼ 79% vs 2023 (€ 420,883) Unfavourable step	▼ 79%
Land & buildings	€ 3,175,540 Land & buildings 2021: € 3,175,540 First fiscal year in the series	€ 3,108,514 Land & buildings 2022: € 3,108,514 ▼ 2% vs 2021 (€ 3,175,540) Unchanged	€ 3,041,488 Land & buildings 2023: € 3,041,488 ▼ 2% vs 2022 (€ 3,108,514) Unchanged	€ 2,955,825 Land & buildings 2025: € 2,955,825 ▼ 3% vs 2023 (€ 3,041,488) Unchanged	▼ 3%
Retained profit	€ 15,272,207 Retained profit 2021: € 15,272,207 First fiscal year in the series	€ 15,335,350 Retained profit 2022: € 15,335,350 Unchanged (€ 15,272,207) Favourable step	€ 15,460,193 Retained profit 2023: € 15,460,193 ▲ 1% vs 2022 (€ 15,335,350) Favourable step	€ 13,934,842 Retained profit 2025: € 13,934,842 ▼ 10% vs 2023 (€ 15,460,193) Unfavourable step	▼ 10%
Dividend	€ 666,667 Dividend 2021: € 666,667 First fiscal year in the series	€ 0 Dividend 2022: € 0 ▼ 100% vs 2021 (€ 666,667) Unchanged	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 1,916,624 Bank debt 2021: € 1,916,624 First fiscal year in the series	€ 1,575,818 Bank debt 2022: € 1,575,818 ▼ 18% vs 2021 (€ 1,916,624) Favourable step	€ 3,660,219 Bank debt 2023: € 3,660,219 ▲ 132% vs 2022 (€ 1,575,818) Unfavourable step	€ 3,060,833 Bank debt 2025: € 3,060,833 ▼ 16% vs 2023 (€ 3,660,219) Favourable step	▼ 16%
Balance sheet total	€ 24,297,394 Balance sheet total 2021: € 24,297,394 First fiscal year in the series	€ 23,965,020 Balance sheet total 2022: € 23,965,020 ▼ 1% vs 2021 (€ 24,297,394) Unchanged	€ 26,135,353 Balance sheet total 2023: € 26,135,353 ▲ 9% vs 2022 (€ 23,965,020) Unchanged	€ 24,353,944 Balance sheet total 2025: € 24,353,944 ▼ 7% vs 2023 (€ 26,135,353) Unchanged	▼ 7%

Key figures of TERRIZON, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to TERRIZON?

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

2029 Caroline Despriet stepped down as director. NBB
2029 Laurades BV stepped down as director. NBB
Apr 27, 2026 New annual accounts for financial year 2025: loss of € 1.5 million (▼ € 1.7 million vs 2023). Source: NBB ↗
2025 Carine Stadsbader stepped down as director. NBB
2024 Laurades BV became a director. NBB
2023 Carine Stadsbader became a director. NBB
2023 Caroline Despriet became a director. NBB
Dec 27, 2006 New establishment in Kortrijk. KBO

In short

From € 362,074 profit in 2021 to € 1.5 million loss in 2025.

Paid € 8,791 in corporate taxes since 2021.

Best year ever: 2021, with € 362,074 profit.

Paid out € 666,667 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

TERRIZON

Imstad 60%

Jan Turpin Invest 30%

Jan Turpin Construct 30%

It owns 60% of Imstad, 30% of Jan Turpin Invest and 30% of Jan Turpin Construct itself.

Directors

According to the 2025 annual accounts

Carine Stadsbader

Managing director

Also active at: Imstad, KUSTSTADBOUWBEDRIJF, TOPAZE, DUINENVELD, DE POORTERIJ, BROUWERSHOF, JAN TURPIN CONSTRUCT, JAN TURPIN INVEST +1 more

since 2023 · until 2025

Caroline Despriet

Managing director

Also active at: DEDEYNE CONSTRUCT, DEDEYNE ENGINEERING, GTE INVEST, PATERSVAT VASTGOED, BOUWKANTOOR GUIDO DEDEYNE

since 2023 · until 2029

Laurades BV

Managing director · represented by Laurence Despriet

since 2024 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Hoog Mosscher(Kor) 81 box 5

8500 Kortrijk

2.159.579.096

Loofstraat(Kor) 64

8500 Kortrijk

Active since 27 December 2006

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 →

OTTIE.BE VOF

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

Details

Company number

0885.960.287

VAT number

BE 0885.960.287

Registered office

Hoog Mosscher(Kor) 81 bus 5, 8500 Kortrijk

Names & denominations

TERRIZON

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 December 2006

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Ontwikkeling van niet-residentiële bouwprojecten

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Projectontwikkeling voor kantoorbouw

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

TERRIZON

Financials

What happened to TERRIZON?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions