ACTIVE

TERRAGO

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Financial year 2025 · closed on 30/09/2025

Net result

25 k €

+192.4% YoY

Gross margin

165,8 k €

+18.3% YoY

Equity

566,6 k €

+4.6% YoY

What does TERRAGO do?

TERRAGO is a Private limited company incorporated in 1999. Its main activity is: Demolition. Its registered office is in Tienen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.612.965

Incorporation

09/03/1999

Legal form

Private limited company

Registered office

Esperantolaan 18
3300 Tienen · FlandreSee on map

Contributed capital

16 530,24 €

Latest accounts

30/09/2025

Activities (NACE)

43110Demolition· main 43110Demolition 45111Sale of cars and light motor vehicles 43120Site preparation 43120Site preparation 45112Sale of cars and light motor vehicles

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	165,8 k €	+18.3%	140,1 k €	-45.7%	257,9 k €	+331%	59,8 k €	+13.0%	53 k €	-11.3%	59,7 k €	-41.0%	101,3 k €	+102%	50 k €	-26.7%	68,3 k €	-37.9%	110 k €	+57.1%	70 k €	+9.9%	63,8 k €	-56.3%	146 k €	+384%	30,2 k €	-25.0%	40,2 k €	-44.9%	72,9 k €	-82.4%	414,7 k €	+26.2%	328,7 k €
EBITDA	163,6 k €	+17.8%	138,9 k €	-45.7%	255,8 k €	+335%	58,7 k €	+13.8%	51,6 k €	-11.2%	58,1 k €	-41.8%	99,8 k €	+113%	46,8 k €	-29.1%	66 k €	-38.2%	106,8 k €	+57.6%	67,8 k €	+12.2%	60,4 k €	-57.8%	143,3 k €	+616%	20 k €	-43.2%	35,2 k €	-43.1%	62 k €	-83.3%	371,2 k €	+29.2%	287,4 k €
Operating result	34,7 k €	+200%	11,6 k €	-88.0%	96,3 k €	+411%	18,8 k €	+61.0%	11,7 k €	-35.6%	18,2 k €	-69.6%	59,9 k €	+763%	6,9 k €	-73.4%	26,1 k €	-60.9%	66,9 k €	+142%	27,6 k €	+36.5%	20,2 k €	-31.7%	29,6 k €	+48.0%	20 k €	-43.2%	35,2 k €	-12.3%	40,2 k €	-85.8%	281,9 k €	+73.1%	162,9 k €
Net result	25 k €	+192%	8,5 k €	-92.8%	118,5 k €	+745%	14 k €	+61.3%	8,7 k €	-30.6%	12,5 k €	-69.4%	41 k €	+750%	4,8 k €	-73.2%	18 k €	-57.6%	42,5 k €	+107%	20,5 k €	+22.5%	16,7 k €	-35.9%	26,1 k €	+52.9%	17,1 k €	-39.2%	28,1 k €	+5.7%	26,6 k €	-86.2%	193,4 k €	+72.3%	112,3 k €
Balance sheet
Equity	566,6 k €	+4.6%	541,7 k €	+1.6%	533,1 k €	+28.6%	414,6 k €	+3.5%	400,6 k €	+2.2%	391,9 k €	+3.3%	379,3 k €	+12.1%	338,3 k €	+1.4%	333,5 k €	+5.7%	315,5 k €	+15.6%	273 k €	+8.1%	252,5 k €	+7.1%	235,8 k €	+12.5%	209,7 k €	+8.9%	192,6 k €	+15.0%	167,4 k €	-76.6%	716,4 k €	+35.9%	527 k €
Total assets	700,3 k €	-22.3%	900,8 k €	-11.1%	1 M €	+82.3%	556,1 k €	+28.0%	434,5 k €	-1.5%	441,1 k €	+4.2%	423,5 k €	-12.1%	481,9 k €	+1.5%	475 k €	-3.5%	492 k €	-11.0%	553 k €	-25.9%	746,6 k €	+19.7%	623,9 k €	-47.8%	1,2 M €	-50.7%	2,4 M €	+300%	605,8 k €	-43.5%	1,1 M €	+20.6%	888,8 k €
Cash	105,8 k €	+194%	36 k €	-52.9%	76,4 k €	-35.0%	117,6 k €	+4.5%	112,5 k €	+19.1%	94,5 k €	-6.9%	101,5 k €	+31.0%	77,5 k €	+48.8%	52,1 k €	-18.5%	63,9 k €	-19.1%	79 k €	-8.3%	86,2 k €	+287%	22,3 k €	-86.4%	163,8 k €	-75.5%	668,3 k €	+538%	104,7 k €	-64.8%	297,7 k €	+74.7%	170,4 k €
Debts	131,3 k €	-63.2%	356,6 k €	-25.2%	476,9 k €	+317%	114,3 k €	+1191%	8,8 k €	-63.3%	24,1 k €	+27.1%	19 k €	-83.8%	117,2 k €	+1.8%	115,1 k €	-23.3%	150,1 k €	-40.8%	253,7 k €	-45.2%	462,7 k €	+28.6%	359,8 k €	-62.5%	958,2 k €	-56.5%	2,2 M €	+438%	409,8 k €	+63.9%	250,1 k €	-24.9%	332,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 8 ended

Active mandates

GROEP GODTS

Director · 0740.731.689

Represented by Patrick Godts

Active

Ended mandates

GROEP GODTS

Director · since 02 octobre 2020 · 0740.731.689

Ended

Bart GODTS

Manager · since 17 mars 1999

Ended

Patrick GODTS

Director · since 17 mars 1999 · until 02 octobre 2020

Ended

Patrick GODTS

Manager · since 17 mars 1999

Ended

At this address

Other companies at this address

Company	CBE no.
CARRIERE OUFFET● Active	0668.894.974
GODTS● Active	0454.575.058
GROEP GODTS● Active	0740.731.689
LIZAGRO● Active	0818.825.795
REMIGO● Active	0743.494.112
TRANSPORT GODTS● Active	0777.253.872

Annual accounts

Full financial information

	2025	2024	2023	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	21 months	12 months	12 months	12 months
Filing date	30/04/2026	13/03/2025	30/04/2024	29/07/2022	29/07/2021	28/07/2020
General meeting	02/03/2026	03/03/2025	04/03/2024	06/06/2022	07/06/2021	01/06/2020
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	30/09/2025	02/03/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	03/03/2025	13/03/2025	Dutch	PDF
Abridged model	30/09/2023	04/03/2024	30/04/2024	Dutch	PDF
Abridged model	31/12/2021	06/06/2022	29/07/2022	French	PDF
Micro model	31/12/2020	07/06/2021	29/07/2021	French	PDF
Micro model	31/12/2019	01/06/2020	28/07/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	23/07/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	26/07/2018	Dutch	PDF
Micro model	31/12/2016	05/06/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	23/07/2010	Dutch	PDF
Abridged model	30/06/2008	02/12/2008	14/01/2009	Dutch	PDF
Abridged model	30/06/2007	04/12/2007	14/01/2008	Dutch	PDF
Abridged model	30/06/2006	05/12/2006	02/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 8 ended

Active mandates

GROEP GODTS

Director · 0740.731.689

Represented by Patrick Godts

Active

Ended mandates

GROEP GODTS

Director · since 02 octobre 2020 · 0740.731.689

Ended

Bart GODTS

Manager · since 17 mars 1999

Ended

Patrick GODTS

Director · since 17 mars 1999 · until 02 octobre 2020

Ended

Patrick GODTS

Manager · since 17 mars 1999

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other01/03/2023
BOEKJAAR
PDF
Registered office19/01/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/10/2020
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates21/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring08/04/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring17/11/2008
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 202525 k €↑
2024
Annual accounts 20248,5 k €↓
2023
Annual accounts 2023118,5 k €↑
2021
Annual accounts 202114 k €↑
2020
Annual accounts 20208,7 k €↓
2019
Annual accounts 201912,5 k €↓
2018
Annual accounts 201841 k €↑
2017
Annual accounts 20174,8 k €↓
2016
Annual accounts 201618 k €↓
2015
Annual accounts 201542,5 k €↑
2014
Annual accounts 201420,5 k €↑
2013
Annual accounts 201316,7 k €↓
2012
Annual accounts 201226,1 k €↑
2011
Annual accounts 201117,1 k €↓
2010
Annual accounts 201028,1 k €↑
2009
Annual accounts 200926,6 k €↓
2008
Annual accounts 2008193,4 k €↑
2007
Annual accounts 2007112,3 k €
09/03/1999
IncorporationPrivate 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

TERRAGO

Overview

What does TERRAGO do?

Trend over 18 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