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TERRA

Active Public limited companyfounded 2006active for 20 yearsHerkenrodesingel 4B, 3500 HasseltKBO/BCE: BE 0879.600.057 subsidiary of CIRIL
Part of the group CYGA 41 companies in 3 countries
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Timeline

44 events since 2006

Deadline for the 2026 accounts: 31-07-2027

2026
1 director resigningMaLiBe BV · Permanent representatives: Philip Demot, Pieter Vanhout and Thibaud Demot · General meeting of 20-12-20258 points ▸
  • General meeting, 20-12-2025
  • Director resignation, MaLiBe BV
  • Board composition, Ciril NV (director)
  • Board composition, PVMA BV (director)
  • Board composition, TDevelopment BV (director)
  • Permanent representative, Philip Demot
  • Permanent representative, Pieter Vanhout
  • Permanent representative, Thibaud Demot

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBfull format · 51 days before the deadline
Company renamed from DE SMEET to TERRACapital of €62,000, 248 shares3 points ▸
  • Name change, TERRA
  • Capital, €62,000, 248 shares
  • Registered office clause, Herkenrodesingel 4B, 3500 Hasselt
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Registered in the Peppol Directory Reachable for e-invoices through 0208:0879600057
2025
Appointment: BDO Bedrijfsrevisoren (statutory auditor)General meeting of 24-06-20252 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 56 days before the deadline
2024
Back to profit net €946,199 The net result is €946,199, after one loss-making year.
Liquidity more than quadruples current ratio 12.90 The current ratio rises from 2.70 to 12.90. Short-term debt falls from €3.0m to €509,200.
Annual accounts 2023 filed PDFfull format · 20 days before the deadline
2023
Weakest financial year net -€277,008 The net result drops to -€277,008, the lowest from 2006 to 2025. It recovers the following year.
2 directors appointedTdevelopment BV and MaLiBe BV · Permanent representatives: Thibaud Demot and Johan Van den Broeck · General meeting of 12-07-20239 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 17 days before the deadline
2022
Highest result from 2006 to 2025 net €2.1m ▲80.1% The operating result of €3.1m and the net result of €2.1m are both a record.
Liquidity more than doubled current ratio 3.08 The current ratio rises from 1.26 to 3.08. Short-term debt falls from €12.8m to €2.6m.
Equity above €5m equity €5.5m ▲64% After 12 profitable years in a row, equity reaches €5.5m.
1 statutory auditor reappointedPermanent representatives: Pieter Vanhout and Philip Demot · BDO Bedrijfsrevisoren BV (statutory auditor) · General meeting of 22-05-20224 points ▸
  • General meeting, 22-05-2022
  • Permanent representative, Pieter Vanhout
  • Permanent representative, Philip Demot
  • Auditor reappointment, BDO Bedrijfsrevisoren BV (statutory auditor)

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFfull format · 51 days before the deadline
2021
2 directors appointed, 4 resignationsResignations: Michel Demot, Rudy Houben, Ronny Houben and Democo Group NV · Appointments: Pieter Vanhout Multidisciplinaire Architectenvennootschap BV and Ciril NV · Permanent representatives: Pieter Vanhout and Philip Demot · General meeting of 21-05-202113 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 57 days before the deadline
2020
Equity above €2m equity €2.2m ▲76.7% After 10 profitable years in a row, equity reaches €2.2m.
Annual accounts 2019 filed PDFfull format · 43 days before the deadline
2019
Equity above €1m equity €1.2m ▲59.5% After 9 profitable years in a row, equity reaches €1.2m.
Annual accounts 2018 filed PDFfull format · 42 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 50 days before the deadline
2017
Liquidity more than doubled current ratio 5.17 The current ratio rises from 2.21 to 5.17. Short-term debt falls from €585,368 to €181,014.
Annual accounts 2016 filed PDFfull format · 35 days before the deadline
2016
Liquidity more than doubled current ratio 2.21 The current ratio rises from 1.06 to 2.21. Short-term debt falls from €2.1m to €585,368.
Equity above €500,000 equity €709,764 ▲473% After 6 profitable years in a row, equity reaches €709,764.
Annual accounts 2015 filed PDFfull format · 52 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 42 days before the deadline
2014
Liquidity more than doubled current ratio 5.07 The current ratio rises from 2.32 to 5.07. Short-term debt falls from €79,574 to €27,190.
Annual accounts 2013 filed PDFabbreviated format · 44 days before the deadline
2013
Liquidity more than doubled current ratio 2.32 The current ratio rises from 0.92 to 2.32. Short-term debt falls from €1.3m to €79,574.
Equity above €100,000 equity €105,358 ▲6.2% After 3 profitable years in a row, equity reaches €105,358.
Annual accounts 2012 filed PDFabbreviated format · 41 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 42 days before the deadline
2011
Back to profit net €9,805 The net result is €9,805, after one loss-making year.
Annual accounts 2010 filed PDFabbreviated format · 45 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 54 days before the deadline
2009
Back to profit net €13,232 The net result is €13,232, after 3 loss-making years.
Annual accounts 2008 filed PDFabbreviated format · 36 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 41 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 39 days before the deadline
2006
Incorporation PDFpublished on 08-03-2006

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 24 February 2006, TERRA was incorporated.1 The name was changed to TERRA in 2026.2 Turnover went from €281,565 in 2018 to €2.1m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-04-2026
  3. 3National Bank, annual accounts 2018 and 2025

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