What does TERRE & PAIN do?

TERRE & PAIN is a bakery in Brussel. Public Limited, started on 18 March 2024, 2 establishments.

What is the address of TERRE & PAIN?

The registered office of TERRE & PAIN is located at Spaarbekkenstraat 7, 1130 Brussel.

Is TERRE & PAIN still active?

Yes. According to the CBE (31 October 2026) TERRE & PAIN is active, legal situation “Normale toestand”, started on 18 March 2024.

Is TERRE & PAIN registered on Peppol?

Yes, TERRE & PAIN is registered on the Peppol network with ID 0208:1007245822.

What is the enterprise number of TERRE & PAIN?

The enterprise number of TERRE & PAIN is BE1007245822.

When was TERRE & PAIN founded?

TERRE & PAIN was founded on 18 March 2024.

Who are the directors of TERRE & PAIN?

According to the 2025 annual accounts, the directors of TERRE & PAIN are: Joao CARVALHO MARTINS.

Is TERRE & PAIN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 March 2024; 2 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did TERRE & PAIN make in 2025?

TERRE & PAIN recorded a loss after taxes of € 383,091 in financial year 2025.

What is the revenue of TERRE & PAIN?

As a small company, TERRE & PAIN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 443,628.

How much does an employee at TERRE & PAIN earn?

The average wage cost per full-time employee at TERRE & PAIN was € 45,700 in 2025: staff costs of € 725,890 for 15.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TERRE & PAIN have?

According to the 2025 annual accounts, TERRE & PAIN has 15.9 full-time equivalents (FTE).

TERRE & PAIN (Public Limited) - Brussel - BE1007245822

Dossier TERRE & PAIN, printed on 31 October 2026 from databakkes.be/en/1007245822/terre-pain. 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.

Negative equity NBB

More debt than assets in 1 of the last 2 fiscal years.
Tight liquidity NBB

Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TERRE & PAIN from Brussel, company number BE1007245822, closed financial year 2025 with a result of € -383,091 after tax. For that financial year TERRE & PAIN recorded a gross margin of € 443,628 and equity of € -221,093. Compared with financial year 2024, the result moved from € 10,998 to € -383,091. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.

What it is worth Caution

€ -221,093

▼ € 383,091 vs 2024

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

Loss Caution

€ -383,091

▼ still € 10,998 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 65,661

▼ 69% vs 2024

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 € -372,093.

People and assets in 2025

Full-time equivalents

15.9

▲ 7.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 725,890

▲ 80% vs 2024

€ 45,700 per full-time equivalent. 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

€ 79,825

▲ 24% vs 2024

Of which on lease € 77,012.

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.

€ 77,012

▼ 16% vs 2024

€ 13,488 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 209,542

▲ 57% vs 2024

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

Taxes and wages

€ 173,387

▲ 64% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2024	2025	Change 2024 → 2025
Gross margin	€ 466,098 Gross margin 2024: € 466,098 First fiscal year in the series	€ 443,628 Gross margin 2025: € 443,628 ▼ 5% vs 2024 (€ 466,098) Unfavourable step	▼ 5%
Profit after taxes	€ 10,998 Profit after taxes 2024: € 10,998 First fiscal year in the series	€ -383,091 Profit after taxes 2025: € -383,091 ▼ € 394,089 vs 2024 (€ 10,998) Unfavourable step	▼ € 394,089
Equity	€ 161,998 Equity 2024: € 161,998 First fiscal year in the series	€ -221,093 Equity 2025: € -221,093 ▼ € 383,091 vs 2024 (€ 161,998) Unfavourable step	▼ € 383,091
Total debts	€ 577,153 Total debts 2024: € 577,153 First fiscal year in the series	€ 752,317 Total debts 2025: € 752,317 ▲ 30% vs 2024 (€ 577,153) Unfavourable step	▲ 30%
Cash	€ 214,234 Cash 2024: € 214,234 First fiscal year in the series	€ 65,661 Cash 2025: € 65,661 ▼ 69% vs 2024 (€ 214,234) Unfavourable step	▼ 69%
Retained profit	€ 10,998 Retained profit 2024: € 10,998 First fiscal year in the series	€ -372,093 Retained profit 2025: € -372,093 ▼ € 383,091 vs 2024 (€ 10,998) Unfavourable step	▼ € 383,091
Bank debt	€ 91,303 Bank debt 2024: € 91,303 First fiscal year in the series	€ 77,012 Bank debt 2025: € 77,012 ▼ 16% vs 2024 (€ 91,303) Favourable step	▼ 16%
Balance sheet total	€ 739,151 Balance sheet total 2024: € 739,151 First fiscal year in the series	€ 531,225 Balance sheet total 2025: € 531,225 ▼ 28% vs 2024 (€ 739,151) Unchanged	▼ 28%
Employees (FTE)	8.8 Employees (FTE) 2024: 8.8 First fiscal year in the series	15.9 Employees (FTE) 2025: 15.9 ▲ 7.1 vs 2024 (8.8) Unchanged	▲ 7.1

Key figures of TERRE & PAIN, fiscal years 2024 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 TERRE & PAIN?

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

Jul 30, 2026 New annual accounts for financial year 2025: loss of € 383,091 (▼ € 394,089 vs 2024). Source: NBB ↗
May 1, 2024 New establishment in Brussel. KBO
May 1, 2024 New establishment in Chaumont-Gistoux. KBO
2024 Joao CARVALHO MARTINS became a director. NBB
Mar 18, 2024 Start of the company according to the CBE. KBO

In short

From € 10,998 profit in 2024 to € 383,091 loss in 2025.

Paid € 2,873 in corporate taxes since 2024.

Best year ever: 2024, with € 10,998 profit.

On average € 27,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Joao CARVALHO MARTINS

TERRE & PAIN

Behind TERRE & PAIN is Joao CARVALHO MARTINS.

Directors

According to the 2025 annual accounts

Joao CARVALHO MARTINS

Director

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Spaarbekkenstraat 7

1130 Brussel

2.360.478.667

Boulevard du Centenaire, Dion-V. 4A

1325 Chaumont-Gistoux

Active since 1 May 2024

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 →

PÄÄOMA INVEST

€ 421,352 gross margin · 2025

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

Details

Company number

1007.245.822

VAT number

BE 1007.245.822

Registered office

Spaarbekkenstraat 7, 1130 Brussel

Names & denominations

TERRE & PAIN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 March 2024

Peppol

Active · Active since 19 Nov 2025

Activities · NACE

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk

Vervaardiging van maalderijproducten

Detailhandel in brood en banketbakkerswerk (koude bakkers)

View on CBE Public ↗ Annual accounts (NBB) ↗

TERRE & PAIN

Warning lights

Financials

What happened to TERRE & PAIN?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions