ACTIVE

TERBASSENWEI

Financial year 2025 · closed on 31/12/2025
Net result
1,7 M €
-76.7% YoY
Gross margin
3 M €
-70.3% YoY
Equity
67,2 M €
-6.0% YoY
Workforce
0,0 ETP

What does TERBASSENWEI do?

TERBASSENWEI is a Public limited company incorporated in 1969. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Koekelare.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.109.306
Incorporation
17/01/1969
Legal form
Public limited company
Registered office
Brouwerijstraat 14
8680 Koekelare · FlandreSee on map
Contributed capital
65 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201420132012201120102009200820072006
Income statement
Gross margin3 M €10,1 M €3,8 M €2,4 M €3,1 M €2,1 M €3,5 M €1,6 M €1,5 M €1,4 M €773,2 k €781,1 k €1,1 M €766,7 k €729,3 k €733,8 k €649,6 k €611,3 k €633,5 k €
EBITDA2,9 M €10 M €3,7 M €2,3 M €3 M €2,1 M €3,5 M €1,6 M €1,5 M €1,4 M €770,8 k €778,9 k €1,1 M €765,4 k €727,7 k €721,2 k €648,7 k €610,4 k €632,5 k €
Operating result1,8 M €9,1 M €2,9 M €1,7 M €2,4 M €1,5 M €3,2 M €1,3 M €677,5 k €698,5 k €457,5 k €489,6 k €846,1 k €534,7 k €495 k €483,8 k €486,4 k €405,6 k €460,1 k €
Net result1,7 M €7,3 M €2,7 M €1,5 M €2,2 M €1,5 M €2,9 M €1,3 M €955,7 k €981,1 k €49 M €355,8 k €525,3 k €346 k €251,1 k €381,4 k €307,6 k €270,4 k €221,4 k €
Balance sheet
Equity67,2 M €71,5 M €64,2 M €61,5 M €60 M €57,8 M €56,3 M €57,4 M €56,3 M €58,2 M €55,9 M €6 M €5,8 M €5,3 M €4,9 M €4,7 M €4,3 M €4 M €3,7 M €
Total assets98,6 M €101,3 M €95,5 M €94,2 M €87,1 M €86,3 M €86,3 M €69,3 M €65,4 M €67 M €59,4 M €8,3 M €9,4 M €7,7 M €7,4 M €7,5 M €5,9 M €5,6 M €5,6 M €
Cash463,2 k €481,6 k €1,5 M €712,1 k €632,1 k €548,9 k €507,1 k €472,8 k €388,4 k €368,4 k €69,7 k €193,5 k €155 k €29,4 k €98 k €150,2 €
Debts29,2 M €27,5 M €30,6 M €32 M €26,4 M €28,2 M €29,7 M €11,8 M €8,7 M €8,6 M €3,5 M €2,2 M €3,7 M €1,9 M €2,4 M €2,6 M €1,3 M €1,6 M €1,9 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

Jacques Pollet

Chairman of the board of directors · since 07 octobre 2024 · until 17 juin 2030

Active
POLLET MEDICAL GROUP

Director · since 07 octobre 2024 · until 17 juin 2030 · 0718.614.107

Represented by Sofie POLLET

Active
SMARDIX

Managing director · since 07 octobre 2024 · until 17 juin 2030 · 0795.128.202

Represented by Dimitri TAILLIEU

Active

Ended mandates

Adrienne Wytynck

Director · since 17 juin 2019 · until 17 juin 2025

Ended
Jacques Pollet

Chairman of the board of directors · since 17 juin 2019 · until 17 juin 2025

Ended
Jacques Pollet

Director · since 17 juin 2019 · until 17 juin 2025

Ended
POLLET WATER GROUP

Managing director · since 17 juin 2019 · until 17 juin 2025 · 0832.152.409

Represented by Pollet Sofie

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202628/07/202504/09/202428/07/202325/07/202226/07/2021
General meeting30/06/202630/06/202530/06/202419/06/202320/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202617/07/2026DutchPDF
Abridged model31/12/202430/06/202528/07/2025DutchPDF
Abridged model31/12/202330/06/202404/09/2024DutchPDF
Abridged model31/12/202219/06/202328/07/2023DutchPDF
Abridged model31/12/202120/06/202225/07/2022DutchPDF
Abridged model31/12/202021/06/202126/07/2021DutchPDF
Abridged model31/12/201915/06/202015/08/2020DutchPDF
Abridged model31/12/201817/06/201930/08/2019DutchPDF
Abridged model31/12/201718/06/201831/07/2018DutchPDF
Abridged model31/12/201619/06/201731/07/2017DutchPDF
Abridged model31/12/201520/06/201629/07/2016DutchPDF
Abridged model31/12/201415/06/201531/07/2015DutchPDF
Abridged model31/12/201316/06/201428/07/2014DutchPDF
Abridged model31/12/201217/06/201331/07/2013DutchPDF
Abridged model31/12/201119/03/201230/07/2012DutchPDF
Abridged model31/12/201021/03/201131/07/2011DutchPDF
Abridged model31/12/200915/03/201030/07/2010DutchPDF
Abridged model31/12/200816/03/200931/07/2009DutchPDF
Abridged model31/12/200721/03/200828/07/2008DutchPDF
Abridged model31/12/200619/03/200731/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

Jacques Pollet

Chairman of the board of directors · since 07 octobre 2024 · until 17 juin 2030

Active
POLLET MEDICAL GROUP

Director · since 07 octobre 2024 · until 17 juin 2030 · 0718.614.107

Represented by Sofie POLLET

Active
SMARDIX

Managing director · since 07 octobre 2024 · until 17 juin 2030 · 0795.128.202

Represented by Dimitri TAILLIEU

Active

Ended mandates

Adrienne Wytynck

Director · since 17 juin 2019 · until 17 juin 2025

Ended
Jacques Pollet

Chairman of the board of directors · since 17 juin 2019 · until 17 juin 2025

Ended
Jacques Pollet

Director · since 17 juin 2019 · until 17 juin 2025

Ended
POLLET WATER GROUP

Managing director · since 17 juin 2019 · until 17 juin 2025 · 0832.152.409

Represented by Pollet Sofie

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares16/11/2017
    KAPITAAL - AANDELEN
    PDF
  • Mandates13/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,7 M €
  2. 2024
    Annual accounts 20247,3 M €
  3. 07/10/2024
    nominationPOLLET Jacques Noel — bestuurder
  4. 07/10/2024
    nominationPOLLET Jacques — voorzitter van de raad van bestuur
  5. 07/10/2024
    nominationBV SMARDIX — bestuurder
  6. 07/10/2024
    nominationNV POLLET WATER GROUP — bestuurder
  7. 07/10/2024
    nominationNV POLLET MEDICAL GROUP — bestuurder
  8. 2023
    Annual accounts 20232,7 M €
  9. 29/12/2023
    nominationBV BOES JOSEPH-MICHEL BEDRIJFSREVISOR — commissaris
  10. 2022
    Annual accounts 20221,5 M €
  11. 2021
    Annual accounts 20212,2 M €
  12. 2020
    Annual accounts 20201,5 M €
  13. 2019
    Annual accounts 20192,9 M €
  14. 2018
    Annual accounts 20181,3 M €
  15. 2017
    Annual accounts 2017955,7 k €
  16. 2016
    Annual accounts 2016981,1 k €
  17. 2014
    Annual accounts 201449 M €
  18. 2013
    Annual accounts 2013355,8 k €
  19. 2012
    Annual accounts 2012525,3 k €
  20. 2011
    Annual accounts 2011346 k €
  21. 2010
    Annual accounts 2010251,1 k €
  22. 2009
    Annual accounts 2009381,4 k €
  23. 2008
    Annual accounts 2008307,6 k €
  24. 2007
    Annual accounts 2007270,4 k €
  25. 2006
    Annual accounts 2006221,4 k €
  26. 17/01/1969
    IncorporationPublic limited company