ACTIVE

TERRAS - DECOR

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Financial year 2025 · closed on 31/12/2025

Net result

56,4 k €

-66.1% YoY

Gross margin

751 k €

-14.4% YoY

Equity

1,9 M €

+3.0% YoY

Workforce

9,2 ETP

+4.5% YoY

What does TERRAS - DECOR do?

TERRAS - DECOR is a Public limited company incorporated in 1978. Its main activity is: Manufacture of doors and windows of metal. Its registered office is in Zulte. It employs on average 9,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.096.031

Incorporation

22/03/1978

Legal form

Public limited company

Registered office

Staatsbaan 278
9870 Zulte · FlandreSee on map

Contributed capital

344 990,00 €

Latest accounts

31/12/2025

Average workforce

9,2 ETP

Activities (NACE)

25120Manufacture of doors and windows of metal· main 25120Manufacture of doors and windows of metal 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008		2007		2006
Income statement
Gross margin	751 k €	-14.4%	876,9 k €	-17.6%	1,1 M €	+73.1%	614,9 k €	-5.9%	653,6 k €	+13.5%	575,7 k €	-9.8%	638,4 k €	+2.1%	625,3 k €	-18.8%	770,2 k €	+4.9%	734,3 k €	+9.4%	671 k €	-3.6%	696,4 k €	-13.4%	804,2 k €	-45.6%	1,5 M €	+45.5%	1 M €	+31.2%	775,1 k €	-20.1%	970,6 k €	-12.2%	1,1 M €	-9.4%	1,2 M €
EBITDA	170,5 k €	-49.5%	337,6 k €	+6.6%	316,8 k €	+152%	125,6 k €	-38.3%	203,5 k €	+61.4%	126,1 k €	-46.9%	237,3 k €	+8.0%	219,7 k €	-26.3%	297,9 k €	-7.0%	320,5 k €	+34.9%	237,6 k €	+4.4%	227,7 k €	-29.5%	323,1 k €	-55.7%	730 k €	+60.7%	454,1 k €	+94.5%	233,5 k €	-44.1%	417,5 k €	+0.4%	415,7 k €	+4.2%	399,1 k €
Operating result	61 k €	-68.8%	195,9 k €	+14.1%	171,7 k €	+916%	16,9 k €	-79.9%	83,9 k €	+2141%	-4,1 k €	-105%	84,3 k €	+18.6%	71,1 k €	-46.6%	133 k €	-25.3%	178,1 k €	+140%	74,1 k €	-16.5%	88,8 k €	-50.6%	179,9 k €	-63.8%	497 k €	+82.2%	272,8 k €	+677%	35,1 k €	-81.4%	189,3 k €	+39.5%	135,7 k €	-15.8%	161,2 k €
Net result	56,4 k €	-66.1%	166,2 k €	+29.2%	128,6 k €	+356%	28,2 k €	-61.3%	72,9 k €	+46749%	155,6 €	-99.8%	90,4 k €	+19.8%	75,5 k €	-34.8%	115,8 k €	-32.5%	171,6 k €	+154%	67,6 k €	-34.9%	103,8 k €	-59.1%	254 k €	-29.4%	359,7 k €	+55.0%	232 k €	+3079%	7,3 k €	-93.4%	110,9 k €	+20.8%	91,8 k €	+15.9%	79,2 k €
Balance sheet
Equity	1,9 M €	+3.0%	1,9 M €	+9.8%	1,7 M €	+8.2%	1,6 M €	+1.8%	1,5 M €	+2.9%	1,5 M €	+0.0%	1,5 M €	+2.2%	1,5 M €	+1.8%	1,4 M €	+5.5%	1,4 M €	+5.5%	1,3 M €	+4.2%	1,2 M €	-18.7%	1,5 M €	+3.7%	1,5 M €	+12.1%	1,3 M €	+11.1%	1,2 M €	-1.1%	1,2 M €	+4.4%	1,1 M €	+2.9%	1,1 M €
Total assets	2,3 M €	-0.6%	2,3 M €	+1.1%	2,3 M €	-10.2%	2,6 M €	-1.1%	2,6 M €	+19.8%	2,2 M €	-2.8%	2,2 M €	+1.1%	2,2 M €	-1.4%	2,2 M €	-6.9%	2,4 M €	-0.6%	2,4 M €	-1.1%	2,4 M €	-12.6%	2,8 M €	-6.8%	3 M €	+5.4%	2,9 M €	+3.1%	2,8 M €	-1.9%	2,8 M €	+0.7%	2,8 M €	-2.2%	2,9 M €
Cash	201,7 k €	+54.8%	130,3 k €	-63.9%	360,8 k €	-51.3%	741,3 k €	-18.6%	910,8 k €	-13.9%	1,1 M €	+16.8%	905,6 k €	+6.5%	850 k €	-16.9%	1 M €	+13.3%	902,9 k €	-6.7%	967,9 k €	+2.2%	947,3 k €	-14.6%	1,1 M €	-6.8%	1,2 M €	+59.5%	745,9 k €	+31.3%	568 k €	+9.7%	517,9 k €	+96.0%	264,3 k €	-40.1%	440,9 k €
Debts	396,3 k €	-15.2%	467,5 k €	-23.0%	607,2 k €	-38.6%	988,5 k €	-6.3%	1,1 M €	+57.6%	669,5 k €	-8.6%	732,4 k €	-1.3%	741,7 k €	-7.1%	798,4 k €	-23.2%	1 M €	-7.6%	1,1 M €	-6.5%	1,2 M €	-5.3%	1,3 M €	-16.8%	1,5 M €	-0.2%	1,5 M €	-3.0%	1,6 M €	-2.4%	1,6 M €	-1.5%	1,6 M €	-5.1%	1,7 M €
Other
Workforce	9,2 ETP	+4.5%	8,8 ETP	-2.2%	9,0 ETP	-6.2%	9,6 ETP	+10.3%	8,7 ETP	+3.6%	8,4 ETP	+10.5%	7,6 ETP	-7.3%	8,2 ETP	-15.5%	9,7 ETP	+11.5%	8,7 ETP	+3.6%	8,4 ETP	-6.7%	9,0 ETP	-5.3%	9,5 ETP	-8.7%	10,4 ETP	-13.3%	12,0 ETP	+1.7%	11,8 ETP	-4.1%	12,3 ETP	-26.3%	16,7 ETP	-11.6%	18,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

Inter-Decor

Managing director · since 20 juin 2024 · until 20 juin 2030 · 0425.319.165

Represented by Anja Goemaere

Active

PASCAL VERBEKE

Managing director · since 20 juin 2024 · until 20 juin 2030

Active

Ended mandates

Inter-Decor

Managing director · since 20 juin 2024 · until 20 juin 2030 · 0425.319.165

Represented by Anja Goemaere

Ended

Inter-Decor

Managing director · since 04 décembre 2018 · until 20 juin 2024 · 0425.319.165

Represented by Anja Goemaere

Ended

Inter-Decor

Managing director · since 04 décembre 2018 · until 03 décembre 2024 · 0425.319.165

Represented by Anja Goemaere

Ended

PASCAL VERBEKE

Managing director · since 04 décembre 2018 · until 20 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
VERCO INVEST● Active	0442.512.614

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	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	18 months	12 months	12 months	12 months
Filing date	17/07/2026	16/07/2025	03/07/2024	05/01/2023	20/01/2022	29/01/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	27/12/2022	07/12/2021	31/12/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	17/07/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	03/07/2024	Dutch	PDF
Abridged model	30/06/2022	27/12/2022	05/01/2023	Dutch	PDF
Abridged model	30/06/2021	07/12/2021	20/01/2022	Dutch	PDF
Abridged model	30/06/2020	31/12/2020	29/01/2021	Dutch	PDF
Abridged model	30/06/2019	31/12/2019	27/01/2020	Dutch	PDF
Abridged model	30/06/2018	04/12/2018	30/01/2019	Dutch	PDF
Abridged model	30/06/2017	05/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	06/12/2016	24/01/2017	Dutch	PDF
Abridged model	30/06/2015	01/12/2015	04/01/2016	Dutch	PDF
Abridged model	30/06/2014	02/12/2014	22/12/2014	Dutch	PDF
Abridged model	30/06/2013	03/12/2013	09/01/2014	Dutch	PDF
Abridged model	30/06/2012	04/12/2012	21/12/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	23/05/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	12/05/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	28/05/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	16/05/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	25/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 · 2 active · 18 ended

Active mandates

Inter-Decor

Managing director · since 20 juin 2024 · until 20 juin 2030 · 0425.319.165

Represented by Anja Goemaere

Active

PASCAL VERBEKE

Managing director · since 20 juin 2024 · until 20 juin 2030

Active

Ended mandates

Inter-Decor

Managing director · since 20 juin 2024 · until 20 juin 2030 · 0425.319.165

Represented by Anja Goemaere

Ended

Inter-Decor

Managing director · since 04 décembre 2018 · until 20 juin 2024 · 0425.319.165

Represented by Anja Goemaere

Ended

Inter-Decor

Managing director · since 04 décembre 2018 · until 03 décembre 2024 · 0425.319.165

Represented by Anja Goemaere

Ended

PASCAL VERBEKE

Managing director · since 04 décembre 2018 · until 20 juin 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates11/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/07/2014
KAPITAAL - AANDELEN
PDF
Mandates14/12/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2012
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office19/04/2007
MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 202556,4 k €↓
2024
Annual accounts 2024166,2 k €↑
2023
Annual accounts 2023128,6 k €↑
2022
Annual accounts 202228,2 k €↓
2021
Annual accounts 202172,9 k €↑
2020
Annual accounts 2020155,6 €↓
2019
Annual accounts 201990,4 k €↑
2018
Annual accounts 201875,5 k €↓
2017
Annual accounts 2017115,8 k €↓
2016
Annual accounts 2016171,6 k €↑
2015
Annual accounts 201567,6 k €↓
2014
Annual accounts 2014103,8 k €↓
2013
Annual accounts 2013254 k €↓
2012
Annual accounts 2012359,7 k €↑
2010
Annual accounts 2010232 k €↑
2009
Annual accounts 20097,3 k €↓
2008
Annual accounts 2008110,9 k €↑
2007
Annual accounts 200791,8 k €↑
2006
Annual accounts 200679,2 k €
22/03/1978
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TERRAS - DECOR

Overview

What does TERRAS - DECOR do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline