TERRE DE FROMAGES
ActiveSummary
TERRE DE FROMAGES has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €36,888. Equity has been growing by about 3.2% per year since 2018. Its solvency ranks better than 36% of 790 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 29-09-1979 Normal situation
- Activity
- Manufacture of food products NACE 10510and 1 other
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 119 Paritair Comité voor de handel in voedingswaren · annual accounts 2025
- Establishment units
- 2.016.809.152 4650 Herve, since 01-10-1979
- 2.321.955.415 4651 Herve, since 22-09-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 12-09-2025
Board and ownership
- HERITAGE 1466Director · since 08-07-2020 · permanent representative Jean-Marc CABAY
- J.M.C.Director · since 08-07-2020 · permanent representative Jean-Marc CABAY
- Janah GestDirector · since 08-05-2023 · permanent representative Frédéric HEINS
- HERITAGE 146699.8%· score 852025 annual accounts of HERITAGE 1466
- Holdings
- Shares in 1 company FROMAGERIE REGAL
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €2.1m
- ▲ 3.9%
- Turnover
- ≈ €3.5m
- estimated
- Profit
- €36,888
- ▼ 58.0%
- Equity
- €1.2m
- ▲ 3.2%
- Total assets
- €4.1m
- ▲ 1.7%
- Employees on 31-12-2025
- 27
- ▼ 3.6%
Score breakdownraises riskSector: Manufacture of food products (NACE 10)lowers riskFounded in 1979Figures for financial year 2025 (filed on 10-06-2026)Legal form: public limited companyShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 10, small). It does better than 40% of them on solvency, 15% on liquidity, 48% on profitability and 45% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025from €87,819 to €36,888 ▼ 58.0% View
- Board changedlatest change 16-06-2026 · 5 in office 4 joined · 1 left View
- Positive: 6th oldest company in Herve, Manufacturing sectorin the Checked rankings No. 6 View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Recent changes
- · Gazette deed 4 directors appointed, 1 director resigningAppointments: HERITAGE 1466, GEFIME and 2 others · Permanent representatives: Jean-Marc CABAY, CABAY Jean-Marie and Frédéric HEINS · Resignation: CABAY Jean-Marie (director)
- · Gazette deed Appointment: JaNah Gest S.R.L (director)Permanent representatives: Frédéric Heins and Jean-Marc Cabay
Comparable companies
These companies have the same main activity as TERRE DE FROMAGES: manufacture of food products (NACE 10510). They are comparable in size and age: total assets between €2.2m and €7.5m, founded between 1973 and 1997.
| Company | Total assets | Gross margin |
|---|---|---|
| TERRE DE FROMAGES Herve | €4.1m | €2.1m |
| DE LELIE Kalmthout | €3.7m | €2.4m |
| FROMAGERIE DES ARDENNES Waimes | €7.5m | €2.2m |
| Het Hinkelspel Evergem | €2.2m | €0.9m |
| REAL Herve | €5.5m | - |
| FROMAGERIE DU GROS CHENE Havelange | €2.2m | €0.6m |
| CHIMAY FROMAGES Chimay | €5.9m | - |
Key facts about TERRE DE FROMAGES
- What is the company number of TERRE DE FROMAGES?
- The company number of TERRE DE FROMAGES is 0419.790.165. The VAT number is the same number with BE in front: BE 0419.790.165.
- Where is TERRE DE FROMAGES based?
- The registered office is at Rue de Charneux 32, 4650 Herve.Company details
- What does TERRE DE FROMAGES do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10510).
- What is the legal form of TERRE DE FROMAGES?
- The legal form of TERRE DE FROMAGES is Public limited company (NV).
- When was TERRE DE FROMAGES founded?
- TERRE DE FROMAGES was founded on 29-09-1979.
- Is TERRE DE FROMAGES still active?
- Yes, TERRE DE FROMAGES is an active enterprise in the KBO register.
- How many employees does TERRE DE FROMAGES have?
- TERRE DE FROMAGES had an average of 24.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TERRE DE FROMAGES fall under?
- In its 2025 annual accounts, TERRE DE FROMAGES states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 119 (Paritair Comité voor de handel in voedingswaren).
- What is the turnover of TERRE DE FROMAGES?
- The turnover in financial year 2025 is ≈ €3.5m. This figure is estimated from the gross margin of €2.1m and 1,584 comparable companies of the same size. It probably lies between €2.4m and €5.8m. It is a rough estimate. In financial year 2018 turnover was €18.2m.
- Is TERRE DE FROMAGES profitable?
- In financial year 2025, TERRE DE FROMAGES made a profit of €36,888.
- Where can I find the annual accounts of TERRE DE FROMAGES?
- TERRE DE FROMAGES filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TERRE DE FROMAGES due?
- TERRE DE FROMAGES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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