Result
€23,929 ▼ 79.2%
The result fell in 2025 from €114,773 to €23,929.
Groupe Terre asbl
Lifetime
13 annual accounts with figures on one time axispeak €3.2m (2024)
€2.8m▼ 10.0%
lowest -€513,338 (2023)
€23,929▼ 79.2%
peak €6.6m (2013)
€4.2m▲ 0.5%
€2.2m▲ 9.6%
peak 41.8 FTE (2025)
41.8 FTE▲ 1.2%
Board32 names since 2019all names
12 directorsFlore Vanden Eynden and 11 others
Documentsfilings and deeds
24-08-202624 days late
2025financial year
Result from €114,773 to €23,929Cash from €158,030 to €47,869
Key points
from the 2025 annual accountsInvestments
€18,749 0.2 × depreciation
Green is investment, beige is depreciation.
Staff
42 employees on 31-12-2025
In 2025, 3 people joined and 6 left.
Filings
13 annual accounts since 2013
Three of the last ten came late. The 2019 accounts came latest: 39 days after the end of the period.
Group
6 companies controlled
Heads a group.
Board
12 joined · 7 left
Board changed. Latest change 07-09-2026 · 11 in office.
Checked score
93
Excellent
Financially stronger than 46% of small companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,122 companies (NACE 82, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: 0.1%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.06, cash €47,869, halved
lowers risk
Legal form: non-profit association
Figures for financial year 2025 (filed on 24-08-2026)
Equity €4.2m (65.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, small). It does better than 69% of them on solvency, 24% on liquidity, 55% on profitability and 35% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €380,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.1 in 2024), below the usual 1.5. Short-term debt is 33.3% and cash 0.8% of total assets. 34.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
24 days late
2024
28 days late
2023
14 days early
2022
14 days early
2021
26 days early
2020
22 days early
2019
39 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 7 others
Shares in 6 companies, including CO-TERRE and PAN-TERRE
Board & ownershipRecent changes
9 directors appointed, 7 resignations, 10 reappointments
Resignations: Isabelle Boulanger, Gianni De Re, Françoise Demol, Vincent Oury, Nathalie Bertrand (member of the executive committee), Christian Dessart (member of the executive committee) and 1 other · Appointments: Lola Arpigny (managing director), Jonas Dembour, Virginie Detienne, Charles-Antoine Kervyn, Jessica Lentini, Grégory Bastien (member of the executive committee) and 3 others · Reappointments: François Malaise (managing director and chair), Nathalie Bertrand, Yves Hodeige, Simon Lepage, Nicolas Smets, Jérôme Vanmeerbeek and 4 others · General meeting of 26-06-2026 · Gazette deed
Appointment: Axylium Audit - Liège SRL (commissaire réviseur des comptes)
General meeting of 27-06-2025 · Gazette deed
11 directors appointed, 5 resignations, 7 reappointments
Resignations: Catherine Albert, Samuel Heurion, Jean-Baptiste Verjans, Daniel D'Ambrosio and Samuel Vanbutsele · Appointments: Isabelle Boulanger, Nicolas Smets, Simon Lepage, Gianni De Re, Lola Arpigny (member of the executive committee), Catherine Simon (member of the executive committee) and 5 others · Reappointments: François Malaise (managing director and chair), Françoise Demol, Flore Vanden Eynden, Nathalie Bertrand, Jérôme Vanmeerbeek, Vincent Oury and 1 other · General meeting of 23-06-2023 · Gazette deed
Reappointment: Saintenoy,Comhaire & Co SCPRL (commissaire réviseur aux comptes)
General meeting of 10-02-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Groupe Terre asbl Herstal | €6.4m | €2.8m | 65.3% | 41.8 |
| Polytek Tienen | €2.7m | €3.7m | 14.5% | 37.5 |
| SALARY SOLUTION Anderlecht | €2.6m | €3.8m | 27.5% | 35.9 |
| CENTRE MEDICAL MOSAN Liège | €6.2m | €1.6m | 40.3% | 16.1 |
| Paycover Brussels | €15.1m | €2.6m | 25.7% | 23.7 |
| INSUROPE Brussels | €14.4m | €5.5m | 49.9% | 23.7 |
| UNITIME Aarschot | €5.9m | €2.3m | 25.2% | 32 |
These companies have the same main activity as Groupe Terre asbl: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €2.6m and €15m, founded between 2006 and 2020.
Official details
Source: KBO- Status
- Active since 03-04-2012Normal situation
- Registered office
- 12 active companies are registered at this addressSource: KBO register, as of 6 November 2026.
- Activity
- Office administrative and support servicesNACE 82100and 1 other
- Joint committee
- 337Auxiliary committee for the non-profit sector · annual accounts 2025
- Establishment units
- 2.214.623.4304040 Herstal, since 01-01-2013
- 2.257.624.4216010 Charleroi, since 07-11-2016and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- ≈ €4.4mestimated
- €6.4m▲ 3.5%
- Employeeson 31-12-2025
- 42▼ 6.7%
- Filing
- Filed on 24-08-2026
Companies linked to Groupe Terre asbl
Subsidiaries and holdings
- TRI - TERRE99.98%
- RECOL'TERRE61.53%
- CLICOTE1%
- TerTex0.4%
Insights on Groupe Terre asbl
Groupe Terre asbl has existed since 2012. The gross margin grew from €1.4m in 2013 to €2.8m in 2025 and staff from 27.9 to 41.8 full-time equivalents.
In September 2026, four directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Groupe Terre asbl
- What is the company number of Groupe Terre asbl?
- The company number of Groupe Terre asbl is 0844.971.849. The VAT number is the same number with BE in front: BE 0844.971.849.
- Where is Groupe Terre asbl based?
- The registered office is at Rue de Milmort 690, 4040 Herstal.Company details
- What does Groupe Terre asbl do?
- According to the KBO register, the main activity is office administrative and support services (NACE 82100).
- What is the legal form of Groupe Terre asbl?
- Groupe Terre asbl is a non-profit association (VZW).
- When was Groupe Terre asbl founded?
- Groupe Terre asbl was founded on 03-04-2012.
- Is Groupe Terre asbl still active?
- Yes, Groupe Terre asbl is an active enterprise in the KBO register.
- How many employees does Groupe Terre asbl have?
- Groupe Terre asbl had an average of 41.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Groupe Terre asbl fall under?
- In its 2025 annual accounts, Groupe Terre asbl states joint committee 337 (Auxiliary committee for the non-profit sector).
- What is the turnover of Groupe Terre asbl?
- The turnover in financial year 2025 is ≈ €4.4m. This figure is estimated from the gross margin of €2.8m and 40 comparable companies (NACE 82). It probably lies between €3.3m and €6.4m.
- Is Groupe Terre asbl profitable?
- In financial year 2025, Groupe Terre asbl made a profit of €23,929.
- Where can I find the annual accounts of Groupe Terre asbl?
- Groupe Terre asbl filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Groupe Terre asbl due?
- Groupe Terre asbl must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.