Active · per the CBE, 1 October 2026

TERRA WORKS

BE0889514744

Rechtspersoon Private limited company 1 establishment

TERRA WORKS is a farm in Pelt. Private Limited, started on 18 May 2007, 1 establishment.

Weidenstraat 51, 3910 Pelt

Behind the company: Bert Gielen, Willy Gielen.

Active for

19 year, 4 months

Financials

Financial year 2025

TERRA WORKS from Pelt, company number BE0889514744, closed financial year 2025 with a result of € 16,541 after tax. For that financial year TERRA WORKS recorded a gross margin of € 158,672 and equity of € 242,528. Compared with financial year 2024, the result moved from € 20,926 to € 16,541. The company is profitable. 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 January 30, 2026.

What it is worth Growing

€ 242,528

▲ 7% vs 2024

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

Profit Healthy

€ 16,541

▼ 21% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 88,416

▲ 35% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 202,528.

People and assets in 2025

Wage cost

€ 47,912

▲ 12% vs 2024

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

€ 150,236

▼ 8% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 2,125

▲ 52% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 37,132

▼ 35% vs 2024

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

Taxes and wages

€ 11,196

▲ 55% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 170,504 € 132,101 € 140,934 € 158,672 ▲ 13%
Profit after taxes € 59,811 € 25,199 € 20,926 € 16,541 ▼ 21%
Equity € 185,902 € 205,060 € 225,986 € 242,528 ▲ 7%
Total debts € 196,666 € 148,480 € 203,198 € 172,351 ▼ 15%
Cash € 140,898 € 65,736 € 65,602 € 88,416 ▲ 35%
Retained profit € 145,902 € 165,060 € 185,986 € 202,528 ▲ 9%
Dividend € 0 € 6,042 € 0 € 0
Bank debt € 0 € 1,111 € 1,396 € 2,125 ▲ 52%
Balance sheet total € 382,569 € 353,540 € 429,184 € 414,879 ▼ 3%

Key figures of TERRA WORKS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to TERRA WORKS?

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

  • New annual accounts for financial year 2025: profit of € 16,541 (▼ 21% vs 2024). Source: NBB ↗
  • New establishment in Pelt. KBO
  • Start of the company according to the CBE. KBO
  • Bert Gielen became a director. NBB
  • Willy Gielen became a director. NBB

In short

From € 59,811 profit in 2022 to € 16,541 profit in 2025.

Paid € 46,361 in corporate taxes since 2022.

Best year ever: 2022, with € 59,811 profit.

Paid out € 6,042 in dividends to the owners in total.

Management

Bert Gielen Willy Gielen
TERRA WORKS

Behind TERRA WORKS are Bert Gielen and Willy Gielen.

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Directors

According to the 2025 annual accounts

Bert Gielen

Director

since 2007

Willy Gielen

Director

since 2007

Establishments

Establishment units

Physical locations of this company

Registered office

Weidenstraat 51

3910 Pelt

2.162.740.308

Weidenstraat 44

3910 Pelt

Active since 18 May 2007

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

Details

Company number
0889.514.744
VAT number
BE 0889.514.744
Registered office
Weidenstraat 51, 3910 Pelt
Names & denominations
TERRA WORKS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
18 May 2007
Peppol
Active · Active since 24 Oct 2025
Activities · NACE

Ondersteunende activiteiten in verband met de teelt van gewassen

Landschapsverzorging

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

Bouwrijp maken van terreinen

Verhuur en lease van woon- en bureelcontainers en dergelijke accommodatie

Frequently asked questions

What does TERRA WORKS do?
TERRA WORKS is a farm in Pelt. Private Limited, started on 18 May 2007, 1 establishment.
What is the address of TERRA WORKS?
The registered office of TERRA WORKS is located at Weidenstraat 51, 3910 Pelt.
Is TERRA WORKS still active?
Yes. According to the CBE (1 October 2026) TERRA WORKS is active, legal situation “Normale toestand”, started on 18 May 2007.
Is TERRA WORKS registered on Peppol?
Yes, TERRA WORKS is registered on the Peppol network with ID 0208:0889514744.
What is the enterprise number of TERRA WORKS?
The enterprise number of TERRA WORKS is BE0889514744.
When was TERRA WORKS founded?
TERRA WORKS was founded on 18 May 2007.