TERRE asbl
ActiveSummary
The annual accounts of TERRE asbl for fiscal year 2025 show a net loss of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €693,405 and a net result of -€2.8m. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 222 sector peers (fiscal year 2025). The company has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-10
Solvency33▼-26
Growth39▼-2
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.71 against 1.1 in 2024; short-term debt: 79.9% and cash: 7% of total assets), and 92.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2.8m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 222 sector peers (2025).
NBB · sector comparisonPosition among 222 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
2023
9 d early
2022
14 d early
2021
26 d early
2020
22 d early
2019
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 oldest company in the province of Liège, Waste collection and treatment sector#2 employer in the province of Liège, Waste collection and treatment sector#6 company by staff growth in the province of Liège, Waste collection and treatment sector
Turnover
€14.2m▼ 6.0%
2024 · €15.1m
EBIT margin
-19.0%▼ 13.4pp
2024 · -5.6%
Net result
-€2.8m▼ 198%
2024 · -€954,625
Working capital
-€2.1m
2024 · €576,911
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€11.8m▲ 29.8%€14.0m▲ 18.5%€15.1m▲ 7.7%€15.1m▲ 0.3%€14.2m▼ 6.0%
Operating result€150,866€285,511▲ 89.2%-€209,227-€843,636▼ 303%-€2.7m▼ 220%
Net result€102,842within the sector's middle half€154,788within the sector's middle half▲ 50.5%-€465,221below the sector's middle half-€954,625below the sector's middle half▼ 105%-€2.8mbelow the sector's middle half▼ 198%
EBIT margin1.3%▲ 1.5pp2.0%▲ 0.8pp-1.4%▼ 3.4pp-5.6%▼ 4.2pp-19.0%▼ 13.4pp
Equity€5.2mabove the sector's middle half▼ 1.0%€5.0mabove the sector's middle half▼ 3.1%€4.5mabove the sector's middle half▼ 10.5%€3.5mabove the sector's middle half▼ 21.3%€693,405within the sector's middle half▼ 80.3%
Total assets€8.7mabove the sector's middle half▼ 1.4%€8.6mabove the sector's middle half▼ 0.7%€8.5mabove the sector's middle half▼ 1.7%€10.5mabove the sector's middle half▲ 24.0%€8.9mabove the sector's middle half▼ 15.1%
Debt€3.5m▼ 2.0%€3.6m▲ 2.9%€4.0m▲ 10.5%€7.0m▲ 75.1%€8.2m▲ 18.0%
Working capital€1.6mabove the sector's middle half▲ 7.2%€1.8mabove the sector's middle half▲ 12.9%€1.6mabove the sector's middle half▼ 14.8%€576,911within the sector's middle half▼ 63.4%-€2.1mbelow the sector's middle half
Solvency59.6%within the sector's middle half▲ 0.3pp58.2%within the sector's middle half▼ 1.5pp53.0%within the sector's middle half▼ 5.2pp33.6%within the sector's middle half▼ 19.4pp7.8%below the sector's middle half▼ 25.8pp
Current ratio1.53within the sector's middle half▲ 0.031.58within the sector's middle half▲ 0.061.48within the sector's middle half▼ 0.111.10within the sector's middle half▼ 0.370.71below the sector's middle half▼ 0.39
Return on assets (ROA)1.2%within the sector's middle half▲ 1.8pp1.8%within the sector's middle half▲ 0.6pp-5.5%below the sector's middle half▼ 7.3pp-9.1%below the sector's middle half▼ 3.6pp-31.9%below the sector's middle half▼ 22.8pp
Staff (FTE)209above the sector's middle half▼ 1.8%215.7above the sector's middle half▲ 3.2%237.2above the sector's middle half▲ 10.0%249.8above the sector's middle half▲ 5.3%244.1above the sector's middle half▼ 2.3%
above
within
below
the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.7m in 2025 against €843,636 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.9m
Fixed assets
€3.9m ▼ 10.6%
Current assets
€5.0m ▼ 18.2%
Equity and liabilities €8.9m
Equity
€693,405 ▼ 80.3%
Debt
€8.2m ▲ 18.0%
Debt's share of the balance-sheet total rises from 66.4% to 92.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€2.0m▼
2024 · -€172,605
Cash flow
-€2.1m▼
2024 · -€283,594
Quick ratio
0.38▼
2024 · 0.59
Debt to equity
11.85▲
2024 · 1.97
ROE
-409.8%▼
2024 · -27.1%
Interest coverage
-22.26▼
2024 · -2.15
Debt ≤ 1 year
€7.1m▲
2024 · €5.6m
Debt > 1 year
€1.1m▼
2024 · €1.3m
Income taxes
€2,797▲
2024 · -€93
Staff costs
€9.9m▼
2024 · €10.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 743 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 86% are still going.
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
- without size
5.1%
went bankrupt
8.1%
stopped otherwise
86%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 743 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €14.1m | €16.7m | €18.1m | €18.4m | €17.7m | ▼ 4.1% |
| Turnover70 | €11.8m | €14.0m | €15.1m | €15.1m | €14.2m | ▼ 6.0% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €315,396 | -€72,352 | €27,451 | €206,971 | -€209,742 | ▼ 201% |
| Other operating income74 | €292,633 | €362,181 | €392,426 | €438,420 | €493,948 | ▲ 12.7% |
| Non-recurring operating income76A | €50,259 | €30,802 | €21,272 | - | - | - |
| Operating charges60/66A | €13.9m | €16.5m | €18.3m | €19.2m | €20.3m | ▲ 5.7% |
| Goods for resale, raw materials and consumables60 | €1.7m | €1.8m | €1.3m | €1.4m | €1.6m | ▲ 14.7% |
| Purchases600/8 | €1.6m | €1.8m | €1.4m | €1.6m | €1.5m | ▼ 8.5% |
| Change in stocks: decrease (increase)609 | €99,575 | €14,161 | -€76,926 | -€201,351 | €145,734 | ▲ 172% |
| Services and other goods61 | €4.7m | €5.4m | €6.4m | €6.5m | €7.3m | ▲ 12.6% |
| Remuneration, social security and pensions62 | €6.6m | €7.7m | €9.3m | €10.1m | €9.9m | ▼ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €530,429 | €517,499 | €563,664 | €671,032 | €715,110 | ▲ 6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€72,771 | €418,203 | -€337,109 | €7,821 | €383,570 | ▲ 4,805% |
| Other operating charges640/8 | €366,918 | €539,078 | €997,979 | €530,183 | €370,234 | ▼ 30.2% |
| Non-recurring operating charges66A | €18,649 | €50,341 | €57,914 | - | - | - |
| Operating profit (loss)9901 | €150,866 | €285,511 | -€209,227 | -€843,636 | -€2.7m | ▼ 220% |
| Financial income75/76B | €6,685 | €6,024 | €6,012 | €7,854 | €5,814 | ▼ 26.0% |
| Recurring financial income75 | €5,224 | €5,752 | €6,012 | €7,854 | €5,814 | ▼ 26.0% |
| Income from current assets751 | €306 | €1,474 | €1,662 | €510 | €296 | ▼ 41.9% |
| Other financial income752/9 | €4,918 | €4,278 | €4,351 | €7,344 | €5,518 | ▼ 24.9% |
| Non-recurring financial income76B | €1,461 | €272 | - | - | - | - |
| Financial charges65/66B | €53,267 | €135,187 | €259,489 | €118,936 | €147,204 | ▲ 23.8% |
| Recurring financial charges65 | €53,130 | €52,415 | €63,232 | €118,936 | €147,204 | ▲ 23.8% |
| Debt charges650 | €20,373 | €21,260 | €38,568 | €80,255 | €89,041 | ▲ 10.9% |
| Other financial charges652/9 | €32,756 | €31,155 | €24,665 | €38,680 | €58,163 | ▲ 50.4% |
| Non-recurring financial charges66B | €137 | €82,772 | €196,257 | - | - | - |
| Profit (loss) for the period before taxes9903 | €104,284 | €156,349 | -€462,704 | -€954,718 | -€2.8m | ▼ 197% |
| Income taxes67/77 | €1,443 | €1,561 | €2,518 | -€93 | €2,797 | ▲ 3,113% |
| Taxes670/3 | €1,500 | €1,561 | €2,518 | - | €2,797 | - |
| Tax adjustments and reversals of tax provisions77 | €57 | - | - | €93 | - | - |
| Profit (loss) for the period9904 | €102,842 | €154,788 | -€465,221 | -€954,625 | -€2.8m | ▼ 198% |
| Profit (loss) for the period to be appropriated9905 | €102,842 | €154,788 | -€465,221 | -€954,625 | -€2.8m | ▼ 198% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.7m | €8.6m | €8.5m | €10.5m | €8.9m | ▼ 15.1% |
| Fixed assets21/28 | €3.9m | €3.6m | €3.6m | €4.3m | €3.9m | ▼ 10.6% |
| Intangible fixed assets21 | €96,069 | €64,987 | €54,311 | €36,141 | €54,764 | ▲ 51.5% |
| Tangible fixed assets22/27 | €1.8m | €1.9m | €2.1m | €2.9m | €2.4m | ▼ 16.4% |
| Land and buildings22 | €580,557 | €517,439 | €454,325 | €392,375 | €331,695 | ▼ 15.5% |
| Plant, machinery and equipment23 | €573,275 | €497,837 | €450,870 | €496,378 | €423,555 | ▼ 14.7% |
| Furniture and vehicles24 | €436,013 | €431,295 | €380,164 | €319,964 | €284,100 | ▼ 11.2% |
| Leasing and similar rights25 | €178,351 | €416,383 | €814,857 | €1.7m | €1.4m | ▼ 16.3% |
| Other tangible fixed assets26 | - | - | - | - | €0 | - |
| Assets under construction and advance payments27 | €28,912 | €28,448 | €45,270 | €42,356 | €4,410 | ▼ 89.6% |
| Financial fixed assets28 | €2.0m | €1.6m | €1.4m | €1.4m | €1.4m | = |
| Affiliated companies280/1 | €2.0m | €1.6m | €1.4m | €1.4m | €1.4m | = |
| Participating interests280 | €2.0m | €1.6m | €1.4m | €1.4m | €1.4m | = |
| Other financial fixed assets284/8 | €16,739 | €18,575 | €18,938 | €18,468 | €18,063 | ▼ 2.2% |
| Shares284 | €2,500 | €4,066 | €3,755 | €3,755 | €3,755 | = |
| Amounts receivable and cash guarantees285/8 | €14,239 | €14,509 | €15,184 | €14,714 | €14,309 | ▼ 2.8% |
| Current assets29/58 | €4.7m | €5.0m | €4.9m | €6.2m | €5.0m | ▼ 18.2% |
| Amounts receivable after more than one year29 | €267,109 | €3,140 | - | - | €0 | - |
| Trade receivables290 | €265,079 | €42 | - | - | €0 | - |
| Other amounts receivable291 | €2,030 | €3,097 | - | - | - | - |
| Stocks and contracts in progress3 | €2.7m | €2.5m | €2.5m | €2.9m | €2.3m | ▼ 17.9% |
| Stocks30/36 | €2.7m | €2.5m | €2.5m | €2.9m | €2.3m | ▼ 17.9% |
| Raw materials and consumables30/31 | €132,202 | €113,420 | €192,267 | €393,617 | €247,884 | ▼ 37.0% |
| Finished goods33 | €2.5m | €2.4m | €2.3m | €2.5m | €2.1m | ▼ 14.9% |
| Goods purchased for resale34 | - | €4,621 | €2,700 | €2,700 | €2,700 | = |
| Amounts receivable within one year40/41 | €978,284 | €1.5m | €1.5m | €2.1m | €1.8m | ▼ 13.0% |
| Trade receivables40 | €751,014 | €839,242 | €1.0m | €1.5m | €1.4m | ▼ 11.1% |
| Other amounts receivable41 | €227,270 | €634,290 | €505,127 | €588,400 | €482,178 | ▼ 18.1% |
| Current investments50/53 | €10 | €10 | €10 | €10 | €10 | ▲ 0.6% |
| Cash at bank and in hand54/58 | €711,864 | €824,295 | €648,023 | €918,395 | €622,422 | ▼ 32.2% |
| Deferred charges and accrued income490/1 | €123,865 | €202,513 | €181,722 | €268,092 | €231,957 | ▼ 13.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.7m | €8.6m | €8.5m | €10.5m | €8.9m | ▼ 15.1% |
| Equity10/15 | €5.2m | €5.0m | €4.5m | €3.5m | €693,405 | ▼ 80.3% |
| Contributions10/11 | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Capital10 | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Revaluation surpluses12 | €379,307 | €67,209 | €22 | €22 | €22 | = |
| Profit (loss) carried forward14 | €3.3m | €3.4m | €3.0m | €2.0m | -€841,364 | ▼ 142% |
| Investment grants15 | €5,980 | €1,866 | €7,522 | €6,309 | €12,579 | ▲ 99.4% |
| Amounts payable17/49 | €3.5m | €3.6m | €4.0m | €7.0m | €8.2m | ▲ 18.0% |
| Amounts payable after more than one year17 | €372,173 | €401,119 | €638,500 | €1.3m | €1.1m | ▼ 18.6% |
| Financial debts170/4 | €372,173 | €401,119 | €638,500 | €1.3m | €1.1m | ▼ 18.6% |
| Leasing and similar obligations172 | €136,872 | €323,027 | €633,397 | €1.3m | €1.1m | ▼ 18.8% |
| Credit institutions173 | €235,301 | €78,092 | €5,103 | €11,882 | €11,151 | ▼ 6.2% |
| Amounts payable within one year42/48 | €3.1m | €3.2m | €3.3m | €5.6m | €7.1m | ▲ 27.4% |
| Current portion of amounts payable after more than one year42 | €256,187 | €252,802 | €265,760 | €367,589 | €365,122 | ▼ 0.7% |
| Financial debts43 | €550,000 | - | €109,744 | €827,194 | €787,790 | ▼ 4.8% |
| Credit institutions430/8 | - | - | €109,744 | €827,194 | €137,790 | ▼ 83.3% |
| Other loans439 | €550,000 | - | - | - | €650,000 | - |
| Trade debts44 | €964,650 | €1.4m | €1.2m | €2.3m | €3.4m | ▲ 44.2% |
| Suppliers440/4 | €964,650 | €1.4m | €1.2m | €2.3m | €3.4m | ▲ 44.2% |
| Advances received on contracts in progress46 | €122,049 | €122,561 | €128,592 | €234,006 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €1.1m | €1.2m | €1.5m | €1.7m | €2.3m | ▲ 35.5% |
| Taxes450/3 | €135,064 | €182,820 | €223,682 | €196,857 | €188,192 | ▼ 4.4% |
| Remuneration and social security454/9 | €964,824 | €1.1m | €1.3m | €1.5m | €2.1m | ▲ 40.7% |
| Accrued charges and deferred income492/3 | €19,981 | €32,341 | €28,086 | €34,552 | €10,905 | ▼ 68.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €102,842 | €154,788 | -€465,221 | -€954,625 | -€2.8m | ▼ 198% |
| + Depreciation and write-downs630 | €530,429 | €517,499 | €563,664 | €671,032 | €715,110 | ▲ 6.6% |
| Operating cash flow (approximation) | €633,270 | €672,287 | €98,443 | -€283,594 | -€2.1m | ▼ 650% |
| Investment in fixed assets (approximation) | - | -€186,384 | -€544,302 | -€1.4m | -€255,378 | ▲ 82.0% |
| Change in cash | - | €112,431 | -€176,271 | €270,371 | -€295,973 | ▼ 209% |
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
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
07-08
State Gazette act
Resignations: Kelly Castillo-Morillo, Déborah Delmotte and 2 othersAppointments: Ludovic Ferez, Cath Simon and 4 others · Reappointments: Jean-Baptiste Verjans, François Malaise and 4 others17 facts ▸
State Gazette act
Resignations: Kelly Castillo-Morillo, Déborah Delmotte and 2 others
Appointments: Ludovic Ferez, Cath Simon and 4 others · Reappointments: Jean-Baptiste Verjans, François Malaise and 4 others17 facts ▸
- General meeting, 30-06-2026
- Director resignation, Kelly Castillo-Morillo (director)
- Director resignation, Déborah Delmotte (director)
- Director resignation, Christian Dessart (managing director and chair)
- Director resignation, Richard Talom Fotso (director)
- Director appointment, Ludovic Ferez (director)
- Director appointment, Cath Simon (director)
- Director appointment, Samuel Heurion (director)
- Director appointment, Grégory Bastien (director)
- Director appointment, Marie Hermant (director)
- Director appointment, Anne-Sophie Heurion (director)
- Director reappointment, Jean-Baptiste Verjans (managing director)
- +5 further facts in this act
2025
31-12
Financial
Weakest financial yearnet -€2.8m
Net result drops to -€2.8m, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €154,788 ▲50.5%
Operating result €285,511, net result €154,788, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €102,842
Net result €102,842 after 3 loss-making years.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 22 acts read
About the unread acts
Of the 22 Belgian State Gazette acts we know for this company, 1 has been read. The other 21 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26102313). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 11
Anne-Sophie Heurion
CurrentDirector · since 30-06-2026
Benoît Gaublomme
CurrentDirector · since 30-06-2026
Cath Simon
CurrentDirector · since 30-06-2026
Corrado Lecrond
CurrentDirector · since 30-06-2026
Elisabeth Lecloux
CurrentDirector · since 30-06-2026
François Malaise
CurrentDirector and chair · since 30-06-2026
Grégory Bastien
CurrentDirector · since 30-06-2026
Ludovic Ferez
CurrentDirector · since 30-06-2026
Show all 11 directors
Marie Hermant
CurrentDirector · since 30-06-2026
Samuel Heurion
CurrentDirector · since 30-06-2026
Simon Lepage
CurrentDirector · since 30-06-2026
Day-to-day management 1
Jean-Baptiste Verjans
CurrentManaging director · since 30-06-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
21 of this company's 22 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herstal · 35 establishment units since 2003
Ground area
8.6 ha
Building footprint
2.5 ha
Volume, LiDAR
140,613 m³
32 parcels, Wallonia · tallest building 21.3 m, ±5 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
35 establishment units
TERRE
since 20032.144.552.313
Boutique Rocourt Factory
since 20032.176.278.043
Boutique Charleroi
since 20032.176.279.231
Boutique Feronstrée
since 20032.176.280.419
Boutique Herstal
since 20032.176.280.815
Boutique Mons
since 20032.176.283.189
Show 29 more locations
Boutique Puits-en-Sock
since 20032.176.283.585
Boutique La Louvière
since 20032.176.285.367
TERRE
since 20082.189.463.412
Boutique Gilly
since 20112.195.667.947
Boutique Namur
since 20132.218.477.793
Boutique Verviers
since 20142.225.907.401
Boutique Seraing
since 20142.234.341.748
Boutique Waremme
since 20162.253.967.818
TERRE
since 20162.257.230.283
Boutique Poincaré Factory
since 20182.279.868.895
Boutique Fléron
since 20192.284.967.632
Boutique Herstal Factory
since 20192.295.435.912
Boutique Couvin Factory
since 20202.306.435.613
Boutique Genappe Factory
since 20202.306.435.910
Clicote Herstal
since 20212.329.865.368
Terre Vivegnis
since 20212.314.991.508
Boutique Courcelles Factory
since 20212.314.171.956
Boutique Neufchâteau Factory
since 20212.314.838.088
TERRE Collecte Neufchâteau
since 20212.314.838.187
Boutique Sprimont Factory
since 20222.328.162.722
Boutique Trois-Ponts Factory
since 20222.332.650.852
Boutique Ciney
since 20222.337.105.726
Boutique Marche-en-Famenne
since 20222.337.105.825
Boutique Froyennes Factory
since 20232.343.439.727
Boutique Braine-L’Alleud Factory
since 20242.359.482.141
Boutique Messancy Factory
since 20242.359.699.303
Boutique Spa Factory
since 20242.361.915.554
Boutique Hornu Factory
since 20252.373.371.353
Boutique Factory Soumagne
since 20262.386.498.324
32 parcels
Wallonia
32
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93014B0144/00W003 | Wallonia | 3.1 ha | 1 · 1,079 m² | - |
| 84043A0064/00G000 | Wallonia | 1.3 ha | 1 · 2,153 m² | 11.0 m · 2 fl. |
| 84043A0082/00G000 | Wallonia | 6,686 m² | 1 · 907 m² | 8.2 m · 2 fl. |
| 62353D0301/00W034indicative | Wallonia | 6,056 m² | 1 · 3,058 m² | 12.5 m · 2 fl. |
| 62312A0044/00R000 | Wallonia | 5,507 m² | 1 · 341 m² | 8.2 m · 2 fl. |
| 62003A0080/00W005 | Wallonia | 4,754 m² | 1 · 463 m² | 4.1 m · 1 fl. |
| 63072E0506/00H000 | Wallonia | 3,734 m² | 1 · 998 m² | 16.6 m · 2 fl. |
| 62099A0073/00F000 | Wallonia | 2,253 m² | 1 · 64 m² | 13.6 m · 4 fl. |
| 57031C0090/00R000 | Wallonia | 1,368 m² | 1 · 2,089 m² | 12.1 m · 2 fl. |
| 81015D0144/00D002 | Wallonia | 1,207 m² | 1 · 978 m² | 5.7 m · 1 fl. |
| 62312B0448/00B003 | Wallonia | 1,151 m² | 1 · 179 m² | 7.0 m · 2 fl. |
| 83053B0144/00G002 | Wallonia | 1,015 m² | 1 · 503 m² | - |
| 25742H0467/00K000 | Wallonia | 1,010 m² | 1 · 995 m² | - |
| 53041A0129/00H004 | Wallonia | 952 m² | 1 · 8,762 m² | 7.9 m · 2 fl. |
| 52015B1014/00R000 | Wallonia | 770 m² | 1 · 80 m² | 21.3 m · 4 fl. |
| 52026C0313/00P000 | Wallonia | 767 m² | 1 · 251 m² | 17.0 m · 5 fl. |
| 62038A0390/00R002 | Wallonia | 568 m² | 1 · 572 m² | - |
| 62045A0002/00C000 | Wallonia | 547 m² | 1 · 645 m² | 7.7 m · 2 fl. |
| 91030B0310/00F008 | Wallonia | 510 m² | 1 · 201 m² | - |
| 62109A0528/00S000 | Wallonia | 440 m² | 1 · 104 m² | 6.5 m · 2 fl. |
| 64074C0718/00L000 | Wallonia | 410 m² | 1 · 235 m² | 8.7 m · 3 fl. |
| 63026A0302/00Y000 | Wallonia | 398 m² | 1 · 113 m² | 12.7 m · 4 fl. |
| 25031A0709/00B000 | Wallonia | 388 m² | - | - |
| 62816D0860/00E000 | Wallonia | 302 m² | 1 · 64 m² | 15.2 m · 4 fl. |
| 62810C1290/00D000 | Wallonia | 234 m² | 1 · 112 m² | 17.2 m · 5 fl. |
| 52014A0199/00M013 | Wallonia | 232 m² | 1 · 51 m² | - |
| 52011B0214/00G000 | Wallonia | 213 m² | 1 · 100 m² | 12.7 m · 3 fl. |
| 92094C0089/00L003 | Wallonia | 169 m² | 1 · 83 m² | 15.8 m · 4 fl. |
| 63079A0524/00C000 | Wallonia | 150 m² | 1 · 65 m² | 14.4 m · 4 fl. |
| 55372D0046/00A006 | Wallonia | 116 m² | 1 · 98 m² | 17.2 m · 5 fl. |
| 62051D1218/00H004 | Wallonia | 105 m² | 1 · 44 m² | 11.4 m · 3 fl. |
| 53053H0161/00H000 | Wallonia | 47 m² | 1 · 64 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
31 of 32 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
16 people since 2026, 12 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Anne-Sophie Heurion |
|
| Benoît Gaublomme |
|
| Cath Simon |
|
| Corrado Lecrond |
|
| Elisabeth Lecloux |
|
| François Malaise |
|
| Grégory Bastien |
|
| Ludovic Ferez |
|
| Marie Hermant |
|
| Samuel Heurion |
|
| Simon Lepage |
|
| Jean-Baptiste Verjans |
|
| Christian Dessart |
|
| Déborah Delmotte |
|
| Kelly Castillo-Morillo |
|
| Richard Talom Fotso |
|
Structure & network
Owners and holdings
5 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 5
- TerTexsubsidiarySourceaccounts TerTex 202599.2%
- CLICOTEsubsidiarySourceaccounts CLICOTE 202599%
-
0.02%
-
0.01%
-
0.01%
According to the 2025 annual accounts of TERRE asbl and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
12 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Director
Shareholding
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Public money · subsidies and aid
Wallonia-Brussels Federation
2023 to 2025 · 10 entries · 447,434 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 3 | 162,922 EUR |
| 2024 | 3 | 143,890 EUR |
| 2023 | 4 | 140,622 EUR |
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Recypaper
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Of 978 companies in sector 38210 we hold annual accounts for 587. 416 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded25-04-1963
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
46872Wholesale trade
46879Wholesale trade
47792Retail sale of second-hand clothing
88999Other social work without accommodation
94999Other membership organisations
Contact
Phone
04/344 00 90Ans
Phone
071/30 83 25Charleroi
Phone
04/221 55 11Liège
Phone
04/264 38 92Herstal
Phone
065/31 86 06Mons
Phone
04/344 25 48Liège
Phone
064/33 93 60La Louvière
E-invoicing
Reachable via Peppol
Peppol ID
0208:0407214809
Also
9925:BE0407214809
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.