Terrabel
ActiveSummary
Terrabel has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.50M and a net result of €92k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
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Signals
Checked, nothing found (2)
Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €369k | €375k | €354k | €447k | €539k | ▲ 20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €265k | €259k | €254k | €274k | €329k | ▲ 20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €7k | €-7k | - | - | - | - |
| Other operating charges640/8 | €3k | €3k | €2k | €1k | €2k | ▲ 131% |
| Gross operating margin9900 | €934k | €711k | €800k | €935k | €987k | ▲ 5.6% |
| Operating profit (loss)9901 | €290k | €82k | €190k | €214k | €116k | ▼ 45.7% |
| Financial income75/76B | €2k | €2k | €3k | €7k | €4k | ▼ 49.2% |
| Recurring financial income75 | €2k | €2k | €3k | €7k | €4k | ▼ 49.2% |
| Financial charges65/66B | €4k | €1k | €4k | €7k | €7k | ▲ 9.6% |
| Recurring financial charges65 | €4k | €1k | €4k | €7k | €7k | ▲ 9.6% |
| Profit (loss) for the period before taxes9903 | €288k | €82k | €190k | €214k | €112k | ▼ 47.5% |
| Transfer from deferred taxes780 | €5k | €3k | €2k | €18k | €5k | ▼ 75.0% |
| Transfer to deferred taxes680 | €17k | - | €11k | - | - | - |
| Income taxes67/77 | €45k | €15k | €28k | €61k | €25k | ▼ 58.3% |
| Profit (loss) for the period9904 | €230k | €70k | €154k | €172k | €92k | ▼ 46.7% |
| Transfer from tax-exempt reserves789 | €14k | €11k | €7k | - | €14k | - |
| Transfer to tax-exempt reserves689 | €51k | - | €33k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €193k | €81k | €128k | €172k | €106k | ▼ 38.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.87M | €1.80M | €2.19M | €2.09M | €2.11M | ▲ 0.9% |
| Fixed assets21/28 | €720k | €803k | €966k | €1.05M | €1.16M | ▲ 10.6% |
| Tangible fixed assets22/27 | €703k | €787k | €950k | €1.03M | €1.14M | ▲ 10.8% |
| Plant, machinery and equipment23 | €679k | €775k | €946k | €891k | €1.07M | ▲ 19.7% |
| Furniture and vehicles24 | €25k | €13k | €3k | €2k | €2k | ▼ 29.5% |
| Leasing and similar rights25 | - | - | - | €95k | €76k | ▼ 20.3% |
| Assets under construction and advance payments27 | - | - | - | €45k | - | - |
| Financial fixed assets28 | €16k | €16k | €16k | €16k | €16k | = |
| Current assets29/58 | €1.16M | €998k | €1.22M | €1.04M | €944k | ▼ 8.8% |
| Amounts receivable within one year40/41 | €650k | €593k | €717k | €617k | €557k | ▼ 9.7% |
| Trade receivables40 | €635k | €593k | €717k | €566k | €468k | ▼ 17.2% |
| Other amounts receivable41 | €15k | - | - | €51k | €88k | ▲ 73.4% |
| Cash at bank and in hand54/58 | €505k | €405k | €505k | €406k | €375k | ▼ 7.8% |
| Deferred charges and accrued income490/1 | - | - | - | €13k | €13k | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.87M | €1.80M | €2.19M | €2.09M | €2.11M | ▲ 0.9% |
| Equity10/15 | €1.04M | €1.11M | €1.25M | €1.41M | €1.50M | ▲ 6.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | - | - | - | €19k | - |
| Issued capital100 | - | - | - | - | €19k | - |
| Outside capital11 | €19k | €19k | €19k | - | - | - |
| Other1109/19 | €19k | €19k | €19k | - | - | - |
| Reserves13 | €994k | €1.06M | €1.20M | €1.19M | €1.45M | ▲ 21.9% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €47k | €37k | €62k | €48k | €34k | ▼ 28.8% |
| Distributable reserves133 | €945k | €1.02M | €1.14M | €1.14M | €1.42M | ▲ 24.1% |
| Profit (loss) carried forward14 | €4k | €10k | €18k | €190k | €21k | ▼ 89.2% |
| Investment grants15 | €19k | €19k | €14k | €9k | €15k | ▲ 70.0% |
| Provisions and deferred taxes16 | €15k | €12k | €21k | €16k | €11k | ▼ 28.8% |
| Deferred taxes168 | €15k | €12k | €21k | €16k | €11k | ▼ 28.8% |
| Amounts payable17/49 | €825k | €683k | €913k | €663k | €589k | ▼ 11.1% |
| Amounts payable after more than one year17 | €292k | €335k | €359k | €274k | €184k | ▼ 32.9% |
| Financial debts170/4 | €172k | €215k | €239k | €194k | €104k | ▼ 46.5% |
| Other amounts payable178/9 | €120k | €120k | €120k | €80k | €80k | = |
| Amounts payable within one year42/48 | €533k | €348k | €554k | €389k | €405k | ▲ 4.3% |
| Current portion of amounts payable after more than one year42 | €125k | €127k | €77k | €104k | €89k | ▼ 14.1% |
| Trade debts44 | €200k | €49k | €321k | €94k | €174k | ▲ 85.1% |
| Suppliers440/4 | €200k | €49k | €321k | €94k | €174k | ▲ 85.1% |
| Taxes, remuneration and social security45 | €119k | €130k | €106k | €160k | €96k | ▼ 40.1% |
| Taxes450/3 | €44k | €35k | €46k | €108k | €60k | ▼ 43.8% |
| Remuneration and social security454/9 | €74k | €95k | €59k | €53k | €36k | ▼ 32.5% |
| Other amounts payable47/48 | €89k | €42k | €50k | €30k | €46k | ▲ 51.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €230k | €70k | €154k | €172k | €92k | ▼ 46.7% |
| + Depreciation and write-downs630 | €265k | €259k | €254k | €274k | €329k | ▲ 20.3% |
| Operating cash flow (approximation) | €496k | €329k | €408k | €446k | €421k | ▼ 5.6% |
| Investment in fixed assets (approximation) | - | €-342k | €-417k | €-358k | €-440k | ▼ 23.0% |
| Change in cash | - | €-100k | €100k | €-99k | €-32k | ▲ 68.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
21-09
State Gazette act
Appointment: VAN BELLEGHEM Dominique Marin Henri (non-statutory director)Resignation: VAN BELLEGHEM Dominique Marin Henri (manager) · Capital conversion · Reserve release11 facts ▸
- General meeting, 09-07-2026
- Capital conversion, comptes de capitaux propres statutairement disponibles
- Reserve release, suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution
- Statutes amendment
- Capital
- Board meeting, donner la mission à Maître Géraldine COLLARD, notaire à Morialmé, d'établir et de signer la coordination des statuts, conformément à la décision précédente, et…
- Director appointment, VAN BELLEGHEM Dominique Marin Henri (non-statutory director)
- Director resignation, VAN BELLEGHEM Dominique Marin Henri (manager)
- Registered office clause, 5650 Walcourt, Rue Wayaux 30
- Power of attorney, VAN BELLEGHEM Dominique Marin Henri
- Purpose change
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93011C0143/00S000 | Wallonia | 4,376 m² | 1 · 142 m² | - |
Linked by address, not proof of ownership
Articles of association
Full purpose (2 activities)
- Toutes opérations commerciales, financières et de financement se rapportant directement ou indirectement à l’entreprise agricole ainsi que de tous travaux de terrassement, de nivellement, d’égouttage, de drainage, d’aménagement et d’entretien de terrains divers, plaines de jeux et de sport, parcs et jardins, y compris la plantation et la pose de clôtures et palissades, l’entreprise de petite maçonnerie, ainsi que le transport se rapportant à ces activités et toutes opérations généralement quelconques s’y rapportant
- L’activité de commerce de matériel et accessoires tant au niveau agricole qu’au terrassement
Other provisions of the articles (26)
- Legal form clause: société à responsabilité limitée, article 39, §1, alinéa 1 et 3 de la loi du 23 mars 2019
- Name clause: TERRABEL
- Registered office clause: Région wallonne, La société peut établir, par simple décision de l’organe d’administration, des sièges administratifs, agences, ateliers, dépôts et succursales,…
- Other statement: Compte de capitaux propres statutairement indisponible, Pas d'application
- Share issue rule: libérées à leur émission, En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la société et aux époque…
- Other statement (4)
- Share class: nominatives, nature des actions
- Transfer restriction: cession d actions
- Board rule: organe d administration, l'assemblée qui nomme le ou les administrateur(s) fixe leur nombre, la durée de leur mandat et, en cas de pluralité, leurs pouvoirs
- Board rule: rémunération_des_administrateurs, L'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement
- Other statement: L'organe d'administration détermine s'ils agissent seul ou conjointement, gestion_journalière
- Other statement: Toute personne peut renoncer à la convocation et, en tout cas, sera considérée comme ayant été régulièrement convoquée si elle est présente ou représentée à l'a…
- Meeting access: si seul le droit de vote est suspendu, il peut toujours participer à l'assemblée générale sans pouvoir participer au vote
- Voting rule: Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission, une procuration écrite pour le représenter à l'assemblé…
- Other statement: Une procuration octroyée reste valable pour chaque assemblée générale suivante dans la mesure où il y est traité des mêmes points de l'ordre du jour, sauf si la…
- Other statement: prorogation, cette prorogation n'annule pas les autres décisions prises
- Profit allocation
- Dissolution rule: décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts
- Liquidation rule
- Liquidation distribution: les biens conservés leur sont remis pour être partagés dans la même proportion, l'actif net est réparti entre tous les actionnaires en proportion de leurs actio…
- Other statement: Pour tout litige entre la société, ses actionnaires, administrateurs, commissaires et liquidateurs relatifs aux affaires de la société et à l'exécution des prés…
- Other statement: Les dispositions du Code des sociétés et des associations auxquelles il ne serait pas licitement dérogé sont réputées inscrites dans les présents statuts et les…
- Other statement: L'assemblée générale décidera à la prochaine assemblée générale annuelle sur la décharge au gérant démissionnaire pour l'exécution de son mandat., décharge
Structure & network
Capital and shareholders
- 21-09-2026 Converted to available equity · 18,600 EUR
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.