Terlamen
0412.112.715 · rovalta.com · 24/09/2026
ACTIVE
Terlamen
Financial year 2025 · closed on 31/12/2025
Net result
-49,2 k €
-148.6% YoY
Revenue
7,7 M €
+0.5% YoY
Equity
4,5 M €
-1.7% YoY
Workforce
8,4 ETP
-12.5% YoY
Overview
What does Terlamen do?
Terlamen is a Non-profit organization incorporated in 1972. Its registered office is in Heusden-Zolder. It employs on average 8,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0412.112.715
Incorporation
19/03/1972
Legal form
Non-profit organization
Registered office
Terlaemen 30
3550 Heusden-Zolder · FlandreSee on map
3550 Heusden-Zolder · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
8,4 ETP
Joint committees (4)
- 100
- 200
- 335
- 337
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 7,7 M € | +0.5% | 7,6 M € | +8.7% | 7 M € | +4.9% | 6,7 M € | +22.4% | 5,5 M € | +73.5% | 3,1 M € | -63.2% | 8,5 M € | +19.5% | 7,1 M € | +13.6% | 6,3 M € | +18.1% | 5,3 M € | -13.6% | 6,2 M € | +14.5% | 5,4 M € | – | 4,9 M € | -1.0% | 5 M € | +5.5% | 4,7 M € | – | – | – | |||||
| EBITDA | 342,3 k € | -49.7% | 680,4 k € | -8.0% | 739,9 k € | -26.1% | 1 M € | +15.3% | 868 k € | +836% | -117,9 k € | -113% | 881,9 k € | -31.2% | 1,3 M € | +72.4% | 743,9 k € | -28.0% | 1 M € | +13.7% | 908,2 k € | -31.0% | 1,3 M € | +4.9% | 1,3 M € | +9.2% | 1,1 M € | +30.2% | 882,8 k € | +27.5% | 692,3 k € | -30.6% | 997,8 k € | -8.3% | 1,1 M € | +35.0% | 805,8 k € |
| Operating result | -171,2 k € | -213% | 150,9 k € | -42.0% | 260,1 k € | -28.9% | 366 k € | +402% | 72,9 k € | +108% | -948,8 k € | -1637% | 61,7 k € | -86.5% | 458,3 k € | +817% | -63,9 k € | -136% | 177,5 k € | +268% | 48,2 k € | -88.8% | 429,9 k € | +13.9% | 377,4 k € | +125% | 168,1 k € | +209% | -153,9 k € | +54.5% | -338,2 k € | -931% | 40,7 k € | -74.1% | 157 k € | +281% | -86,8 k € |
| Net result | -49,2 k € | -149% | 101,3 k € | -71.2% | 351,6 k € | +38.8% | 253,3 k € | +31.8% | 192,2 k € | +120% | -973,5 k € | -787% | 141,6 k € | -60.5% | 358,8 k € | +919% | -43,8 k € | -131% | 139,3 k € | +639% | -25,8 k € | -106% | 439,2 k € | +192% | 150,6 k € | -20.3% | 188,9 k € | +160% | -317 k € | +35.6% | -491,8 k € | -824% | -53,2 k € | -978% | 6,1 k € | +103% | -181,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 4,5 M € | -1.7% | 4,6 M € | +1.6% | 4,5 M € | +7.8% | 4,2 M € | +4.0% | 4 M € | +2.6% | 3,9 M € | -21.4% | 5 M € | +0.0% | 5 M € | +3.7% | 4,8 M € | -4.7% | 5 M € | -0.6% | 5,1 M € | +4.2% | 4,9 M € | +3.6% | 4,7 M € | +1.3% | 4,6 M € | -1.4% | 4,7 M € | -11.0% | 5,3 M € | -12.5% | 6 M € | +4.0% | 5,8 M € | -2.6% | 6 M € |
| Total assets | 6 M € | -3.4% | 6,2 M € | +9.4% | 5,7 M € | -6.3% | 6,1 M € | -10.9% | 6,8 M € | -9.5% | 7,5 M € | +4.2% | 7,2 M € | -2.6% | 7,4 M € | +0.7% | 7,3 M € | -3.6% | 7,6 M € | -5.3% | 8 M € | +3.6% | 7,8 M € | +2.2% | 7,6 M € | -5.3% | 8 M € | -0.9% | 8,1 M € | -12.6% | 9,3 M € | -8.0% | 10,1 M € | -4.2% | 10,5 M € | -0.6% | 10,6 M € |
| Cash | 1,3 M € | -50.6% | 2,5 M € | +4.0% | 2,4 M € | +7.5% | 2,3 M € | -11.2% | 2,6 M € | +1.0% | 2,5 M € | +2.7% | 2,5 M € | -2.4% | 2,5 M € | +15.2% | 2,2 M € | -2.7% | 2,3 M € | +4.3% | 2,2 M € | -25.6% | 2,9 M € | +26.0% | 2,3 M € | +17.8% | 2 M € | +40.3% | 1,4 M € | -6.4% | 1,5 M € | -22.7% | 1,9 M € | -2.4% | 2 M € | +15.2% | 1,7 M € |
| Debts | 1,4 M € | -2.3% | 1,4 M € | +46.6% | 978,8 k € | -41.7% | 1,7 M € | -31.9% | 2,5 M € | -5.9% | 2,6 M € | +105% | 1,3 M € | -4.7% | 1,3 M € | -10.1% | 1,5 M € | -4.3% | 1,6 M € | -14.7% | 1,8 M € | -19.8% | 2,3 M € | -9.7% | 2,5 M € | -15.1% | 3 M € | -4.3% | 3,1 M € | -15.9% | 3,7 M € | -0.4% | 3,7 M € | -14.8% | 4,3 M € | +2.3% | 4,2 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 8,4 ETP | -12.5% | 9,6 ETP | +15.7% | 8,3 ETP | 0.0% | 8,3 ETP | -3.5% | 8,6 ETP | -11.3% | 9,7 ETP | 0.0% | 9,7 ETP | +15.5% | 8,4 ETP | +3.7% | 8,1 ETP | +5.2% | 7,7 ETP | -15.4% | 9,1 ETP | +1.1% | 9,0 ETP | -5.3% | 9,5 ETP | -20.2% | 11,9 ETP | +2.6% | 11,6 ETP | +7.4% | 10,8 ETP | +0.9% | 10,7 ETP | +2.9% | 10,4 ETP | -9.6% | 11,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2023 · 14 active · 106 ended
Active mandates
Rony Herlitska
ActiveCharline Leroi
ActivePieter Ooms
ActiveBert Vandeurzen
ActiveBoy Pijls
ActiveMaxime Monard
ActiveNicolas Thiel
ActiveMario Borremans
ActiveRuben Lemmens
ActiveMarc Frederix
ActiveLouis Machiels
ActiveDirk Houben
ActiveMichel De Coster
ActiveFrank Beliën
ActiveEnded mandates
Rony Herlitska
EndedCharline Leroi
EndedPieter Ooms
EndedTom Vandeput
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
CYCLING FRIENDS● Active | 0668.512.419 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/05/2026 | 09/05/2025 | 03/04/2024 | 03/04/2023 | 22/02/2023 | 30/06/2021 |
| General meeting | 24/03/2026 | 25/03/2025 | 26/03/2024 | 21/03/2023 | 15/03/2022 | 16/02/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 24/03/2026 | 13/05/2026 | Dutch | |
| Abridged model | 31/12/2024 | 25/03/2025 | 09/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 26/03/2024 | 03/04/2024 | Dutch | |
| Abridged model | 31/12/2022 | 21/03/2023 | 03/04/2023 | Dutch | |
| Abridged modelCorrection | 31/12/2021 | 15/03/2022 | 22/02/2023 | Dutch | |
| Abridged model | 31/12/2021 | 15/03/2022 | 29/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 16/02/2021 | 30/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 17/03/2020 | 13/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 19/03/2019 | 23/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 17/03/2018 | 28/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 21/03/2017 | 06/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 15/03/2016 | 28/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 17/03/2015 | 24/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 25/03/2014 | 24/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 19/03/2013 | 26/03/2013 | Dutch | |
| Abridged model | 31/12/2011 | 27/03/2012 | 26/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 15/03/2011 | 22/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 16/03/2010 | 30/03/2010 | Dutch | |
| Abridged model | 31/12/2008 | 17/03/2009 | 18/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 18/03/2008 | 28/05/2008 | Dutch | |
| Abridged model | 31/12/2006 | 20/03/2007 | 29/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2023 · 14 active · 106 ended
Active mandates
Rony Herlitska
ActiveCharline Leroi
ActivePieter Ooms
ActiveBert Vandeurzen
ActiveBoy Pijls
ActiveMaxime Monard
ActiveNicolas Thiel
ActiveMario Borremans
ActiveRuben Lemmens
ActiveMarc Frederix
ActiveLouis Machiels
ActiveDirk Houben
ActiveMichel De Coster
ActiveFrank Beliën
ActiveEnded mandates
Rony Herlitska
EndedCharline Leroi
EndedPieter Ooms
EndedTom Vandeput
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates23/07/2026ONTSLAGEN - BENOEMINGEN
- Mandates28/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates05/04/2024ONTSLAGEN - BENOEMINGEN
- Mandates08/11/2023ONTSLAGEN - BENOEMINGEN
- Mandates27/04/2023ONTSLAGEN - BENOEMINGEN
- Mandates31/01/2023ONTSLAGEN - BENOEMINGEN
- Mandates28/10/2022ONTSLAGEN - BENOEMINGEN
- Mandates14/06/2022ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-49,2 k €↓
- 2024Annual accounts 2024101,3 k €↓
- 2023Annual accounts 2023351,6 k €↑
- 2022Annual accounts 2022253,3 k €↑
- 2021Annual accounts 2021192,2 k €↑
- 2020Annual accounts 2020-973,5 k €↓
- 2019Annual accounts 2019141,6 k €↓
- 2018Annual accounts 2018358,8 k €↑
- 2017Annual accounts 2017-43,8 k €↓
- 2016Annual accounts 2016139,3 k €↑
- 2015Annual accounts 2015-25,8 k €↓
- 2014Annual accounts 2014439,2 k €↑
- 2013Annual accounts 2013150,6 k €↓
- 2012Annual accounts 2012188,9 k €↑
- 2011Annual accounts 2011-317 k €↑
- 2010Annual accounts 2010-491,8 k €↓
- 2009Annual accounts 2009-53,2 k €↓
- 2008Annual accounts 20086,1 k €↑
- 2007Annual accounts 2007-181,2 k €
- 19/03/1972IncorporationNon-profit organization