TERRA NOVA CONSTRUCT
Annual accounts 2025
full format, filed on 12-08-2026, 12 days lateTurnover: not included in this filing.
Balance sheet
balance sheet total €1.1m on 31-12-2025in euro
in euro
Position in the sector
2.0%
Higher than 15% of 5,810 companies in 2025.
87.37
Higher than 95% of 5,561 companies in 2025.
-1.8%
Higher than 23% of 5,784 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
1.1m | 503,780 | 469,732 | 429,153 | |
29/58 |
1.1m | 503,780 | 469,732 | 429,153 | |
3 |
780,337 | 475,298 | 449,362 | 345,075 | |
30/36 |
780,337 | 475,298 | 449,362 | 345,075 | |
40/41 |
23,048 | 1,266 | 6,324 | 6,178 | |
41 |
23,048 | 1,266 | 6,324 | 6,178 | |
54/58 |
267,976 | 27,215 | 14,045 | 77,900 | |
490/1 |
24,108 | - | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
1.1m | 503,780 | 469,732 | 429,153 | |
10/15 |
22,161 | 41,622 | 47,246 | 52,755 | |
10/11 |
61,500 | 61,500 | 61,500 | 61,500 | |
10 |
61,500 | 61,500 | 61,500 | 61,500 | |
100 |
61,500 | 61,500 | 61,500 | 61,500 | |
14 |
-39,339 | -19,878 | -14,254 | -8,745 | |
17/49 |
1.1m | 462,158 | 422,486 | 376,398 | |
17 |
1.1m | - | - | - | |
178/9 |
1.1m | - | - | - | |
42/48 |
12,539 | 462,158 | 422,486 | 376,398 | |
44 |
12,539 | 6,388 | 1,716 | 39 | |
440/4 |
12,539 | 6,388 | 1,716 | 39 | |
47/48 |
0 | 455,770 | 420,770 | 376,358 | |
| Income statement | |||||
9900 |
-19,511 | -3,590 | -4,220 | -6,675 | |
630 |
- | - | 0 | 1,580 | |
640/8 |
978 | 1,883 | 1,139 | 112 | |
9901 |
-20,489 | -5,474 | -5,360 | -8,367 | |
75/76B |
1,736 | 0 | - | - | |
75 |
1,736 | 0 | - | - | |
65/66B |
708 | 150 | 150 | 378 | |
65 |
708 | 150 | 150 | 378 | |
9903 |
-19,461 | -5,624 | -5,510 | -8,745 | |
9904 |
-19,461 | -5,624 | -5,510 | -8,745 | |
9905 |
-19,461 | -5,624 | -5,510 | -8,745 | |
| Appropriation of the result | |||||
9906 |
-39,339 | -19,878 | -14,254 | -8,745 | |
14P |
-19,878 | -14,254 | -8,745 | - | |
| Document | |||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 12 days after the deadline. Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00407994.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| - | - | -5,360 | -6,787 | ||
| - | - | -5,510 | -7,165 | ||
| - | - | 0 | 1,580 | ||
| 240,760 | 13,170 | -63,855 | - | ||
| 1.1m | 41,622 | 47,246 | 52,755 | ||
| 2.0% | 8.3% | 10.1% | 12.3% | ||
| 87.37 | 1.09 | 1.11 | 1.14 | ||
| 25.13 | 0.06 | 0.05 | 0.22 | ||
| 48.43 | 11.10 | 8.94 | 7.13 | ||
| -87.8% | -13.5% | -11.7% | -16.6% | ||
| -1.8% | -1.1% | -1.2% | -2.0% | ||
| - | - | -35.73 | -17.95 |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Intangible fixed assets | - | - | - | €1,580 |
| - | - | €0 | €1,580 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on TERRA NOVA CONSTRUCT
The operating result for 2025 is a loss of €20,489, larger than the loss of €5,474 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 91.7% to 98.0%. Equity is lower and debt is higher.