ACTIVE

TERMA

Financial year 2025 · Closed on 30/09/2025

Net result15,9 k €-5,3 %over 1 year

Gross margin28,5 k €+30,7 %over 1 year

Equity84,5 k €+23,2 %over 1 year

Identity

Source · BCE/KBO

TERMA is a Public limited company incorporated in 1997. Its main activity is: Management consultancy activities. Its registered office is in Ixelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0462.312.292
Incorporation: 31/12/1997
Legal form: Public limited company
Registered office: Square de Meeus 22A box B10
1050 Ixelles · BruxellesSee on map
Contributed capital: 41 300,00 €
Latest accounts: 30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	28,5 k €	+30.7%	21,8 k €	-45.8%	40,2 k €	+485%	6,9 k €	+169%	-9,9 k €
EBITDA	28,1 k €	+31.1%	21,4 k €	-46.3%	39,8 k €	+511%	6,5 k €	+162%	-10,6 k €
Operating result	26,3 k €	+29.0%	20,4 k €	-47.3%	38,7 k €	+587%	5,6 k €	+147%	-11,9 k €
Net result	15,9 k €	-5.3%	16,8 k €	-56.2%	38,4 k €	+615%	5,4 k €	+144%	-12,1 k €
Balance sheet
Equity	84,5 k €	+23.2%	68,6 k €	+32.5%	51,8 k €	+286%	13,4 k €	+66.7%	8 k €
Total assets	117,9 k €	-11.6%	133,3 k €	-21.9%	170,7 k €	+27.1%	134,4 k €	+2.4%	131,2 k €
Cash	15,2 k €	+463%	2,7 k €	-40.8%	4,6 k €	-18.4%	5,6 k €	+73.9%	3,2 k €
Debts	33,2 k €	-48.4%	64,3 k €	-46.0%	119 k €	-1.6%	120,9 k €	-1.7%	123 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Pierre Mariën	Directorsince 10/02/2015Managing director2024 accountsended
Ine De Cock	DirectorManaging director2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Chloé Mariën	Director10/02/2015 → 2019 accounts
Géraldine Mariën	Director10/02/2015 → 2019 accounts
Janine ( dit Ine ) De Cock	Managing director10/02/2015 → 2019 accounts
Janine De Cock	Managing director10/02/2015 → 2018 accounts

Other companies at this address

Square de Meeus 22A 1050 Ixelles

Company	CBE no.
CHAMBARDEMENT● Active	0800.500.220
GRAGER● Active	0448.972.220
KADRAGROUPE● Active	0479.392.707
pi-design● Active	0865.066.388

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/03/2026	25/02/2025	01/03/2024	10/03/2023	25/02/2022	05/03/2021
General meeting	09/02/2026	11/02/2025	13/02/2024	14/02/2023	08/02/2022	09/02/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	09/02/2026	20/03/2026	French	PDF
Micro model	30/09/2024	11/02/2025	25/02/2025	French	PDF
Micro model	30/09/2023	13/02/2024	01/03/2024	French	PDF
Micro model	30/09/2022	14/02/2023	10/03/2023	French	PDF
Micro model	30/09/2021	08/02/2022	25/02/2022	French	PDF
Micro model	30/09/2020	09/02/2021	05/03/2021	French	PDF
Micro model	30/09/2019	11/02/2020	17/03/2020	French	PDF
Micro model	30/09/2018	12/02/2019	29/03/2019	French	PDF
Micro model	30/09/2017	13/02/2018	20/04/2018	French	PDF
Abridged model	30/09/2016	14/02/2017	31/03/2017	French	PDF
Abridged model	30/09/2015	09/02/2016	31/03/2016	French	PDF
Abridged model	30/09/2014	10/02/2015	19/03/2015	French	PDF
Abridged model	30/09/2013	11/02/2014	04/04/2014	French	PDF
Abridged model	30/09/2012	12/02/2013	07/03/2013	French	PDF
Abridged model	30/09/2011	14/02/2012	28/02/2012	French	PDF
Abridged model	30/09/2010	08/02/2011	18/03/2011	French	PDF
Abridged model	30/09/2009	09/02/2010	12/03/2010	French	PDF
Abridged model	30/09/2008	10/02/2009	16/03/2009	French	PDF
Abridged model	30/09/2007	12/02/2008	08/04/2008	French	PDF
Abridged model	30/09/2006	13/02/2007	09/03/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Pierre Mariën	Directorsince 10/02/2015Managing director2024 accountsended
Ine De Cock	DirectorManaging director2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Chloé Mariën	Director10/02/2015 → 2019 accounts
Géraldine Mariën	Director10/02/2015 → 2019 accounts
Janine ( dit Ine ) De Cock	Managing director10/02/2015 → 2019 accounts
Janine De Cock	Managing director10/02/2015 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office05/08/2026
SIEGE
PDF
Mandates13/05/2025
DEMISSIONS, NOMINATIONS
PDF
Other16/07/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares16/07/2019
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates14/04/2015
DEMISSION - NOMINATION - RENOUVELLEMENT
PDF
Other02/03/2009
Renouvellement de mandats
PDF
Mandates10/03/2004
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Jean-Pierre Marien

Ine De Cock

Janine De Cock

Chloé Mariën

Janine ( dit Ine ) De Cock

Géraldine Mariën

J-P MARIEN

JEAN PIERRE MARIEN

Jeanine ( Ine) De Cock

MARIA DE COCK

199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

TERMA

Rue de l'Abdication 31, 1000 Brussels

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Square de Meeus 22A bte B10, 1050 IxellesCurrent		CBE
Rue de l'Abdication 31, 1000 Brussels	accounts 2022 → 2025	Accounts 2025 · 2026-00058103

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TERMACurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00058103

Events

2025
Annual accounts 202515,9 k €↓
2024
Annual accounts 202416,8 k €↓
2023
Annual accounts 202338,4 k €↑
2022
Annual accounts 20225,4 k €↑
2021
Annual accounts 2021-12,1 k €↓
2020
Annual accounts 2020-262,7 €↓
2019
Annual accounts 20191,8 k €↓
2018
Annual accounts 201818,2 k €↑
2017
Annual accounts 2017-37,5 k €↑
2016
Annual accounts 2016-41,1 k €↓
2015
Annual accounts 2015-11,1 k €↓
2014
Annual accounts 2014132,5 k €↑
2013
Annual accounts 201356 k €↑
2012
Annual accounts 20121,4 k €↓
2011
Annual accounts 201156,2 k €↑
2010
Annual accounts 2010-15,5 k €↑
2009
Annual accounts 2009-35 k €↓
2008
Annual accounts 20088,5 k €↓
2007
Annual accounts 200764,3 k €
31/12/1997
IncorporationPublic limited company

TERMA

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events