Terco+
0543.947.195 · rovalta.com · 23/09/2026
ACTIVE
Terco+
Financial year 2025 · closed on 31/12/2025
Net result
259 €
-87.2% YoY
Gross margin
123,1 k €
-0.0% YoY
Equity
166,9 k €
+0.2% YoY
Workforce
1,0 ETP
0.0% YoY
Overview
What does Terco+ do?
Terco+ is a Private limited company incorporated in 2014. Its main activity is: Joinery installation. Its registered office is in Balen. It employs on average 1,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0543.947.195
Incorporation
09/01/2014
Legal form
Private limited company
Registered office
Poeierstraat 3
2490 Balen · FlandreSee on map
2490 Balen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||
| Gross margin | 123,1 k € | -0.0% | 123,1 k € | -0.1% | 123,3 k € | -8.3% | 134,4 k € | -33.5% | 202,1 k € | -3.7% | 209,9 k € | +2.7% | 204,4 k € | +170% | 75,8 k € | -59.0% | 184,7 k € | -14.8% | 216,7 k € | +149% | 87 k € | +8.7% | 80,1 k € |
| EBITDA | 39 k € | -7.3% | 42 k € | -1.9% | 42,9 k € | -31.4% | 62,5 k € | -51.5% | 128,8 k € | -25.3% | 172,5 k € | +26.0% | 136,9 k € | +1580% | 8,2 k € | -93.2% | 120 k € | -25.3% | 160,6 k € | +259% | 44,8 k € | -13.0% | 51,5 k € |
| Operating result | 5,4 k € | -38.8% | 8,9 k € | +2.8% | 8,7 k € | -64.5% | 24,4 k € | -67.5% | 75,2 k € | -36.7% | 118,9 k € | +48.9% | 79,8 k € | +244% | -55,6 k € | -179% | 70,8 k € | -50.5% | 143,2 k € | +284% | 37,3 k € | -20.6% | 47 k € |
| Net result | 259 € | -87.2% | 2 k € | -6.1% | 2,2 k € | -82.3% | 12,2 k € | -74.2% | 47,5 k € | -43.1% | 83,4 k € | +16.0% | 71,9 k € | +219% | -60,6 k € | -222% | 49,5 k € | -42.5% | 86,1 k € | +268% | 23,4 k € | -12.2% | 26,6 k € |
| Balance sheet | |||||||||||||||||||||||
| Equity | 166,9 k € | +0.2% | 166,7 k € | +1.2% | 164,7 k € | -22.3% | 212 k € | -25.9% | 285,9 k € | -0.2% | 286,6 k € | +41.0% | 203,2 k € | +54.7% | 131,3 k € | -31.6% | 191,9 k € | +34.8% | 142,4 k € | +153% | 56,3 k € | +71.3% | 32,8 k € |
| Total assets | 528,2 k € | -10.8% | 592 k € | -5.7% | 627,4 k € | -17.9% | 763,9 k € | -15.5% | 903,8 k € | -0.5% | 908,3 k € | +19.3% | 761,2 k € | -4.8% | 799,9 k € | +28.0% | 624,8 k € | +98.7% | 314,4 k € | +66.7% | 188,6 k € | +88.2% | 100,2 k € |
| Cash | 73,4 k € | -21.9% | 94,1 k € | -33.7% | 142 k € | +1.0% | 140,5 k € | -51.2% | 288,1 k € | -8.1% | 313,6 k € | +122% | 140,9 k € | +111% | 66,7 k € | -65.9% | 195,4 k € | +74.5% | 112 k € | +7.6% | 104,1 k € | +95.5% | 53,2 k € |
| Debts | 361,3 k € | -15.1% | 425,3 k € | -8.1% | 462,8 k € | -16.2% | 552 k € | -10.7% | 618 k € | -0.6% | 621,8 k € | +11.4% | 558 k € | -16.5% | 668,6 k € | +54.5% | 432,9 k € | +152% | 172 k € | +29.9% | 132,4 k € | +96.4% | 67,4 k € |
| Other | |||||||||||||||||||||||
| Workforce | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | – | – | – | 0,8 ETP | +33.3% | 0,6 ETP | ||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
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 | 16/07/2026 | 15/08/2025 | 28/06/2024 | 27/06/2023 | 19/08/2022 | 30/06/2021 |
| General meeting | 15/05/2026 | 16/05/2025 | 17/05/2024 | 19/05/2023 | 20/05/2022 | 21/05/2021 |
| 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
12 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 15/05/2026 | 16/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 16/05/2025 | 15/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 17/05/2024 | 28/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 19/05/2023 | 27/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 20/05/2022 | 19/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 21/05/2021 | 30/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 15/05/2020 | 31/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 17/05/2019 | 18/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 18/05/2018 | 31/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 19/05/2017 | 13/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 20/05/2016 | 29/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/05/2015 | 30/06/2015 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
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 31/12/2025 · 1 active · 5 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates09/06/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office08/02/2019MAATSCHAPPELIJKE ZETEL
- Mandates21/06/2017ONTSLAGEN - BENOEMINGEN
- Other13/01/2014RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025259 €↓
- 2024Annual accounts 20242 k €↓
- 2023Annual accounts 20232,2 k €↓
- 2022Annual accounts 202212,2 k €↓
- 2021Annual accounts 202147,5 k €↓
- 2020Annual accounts 202083,4 k €↑
- 2019Annual accounts 201971,9 k €↑
- 2018Annual accounts 2018-60,6 k €↓
- 2017Annual accounts 201749,5 k €↓
- 2016Annual accounts 201686,1 k €↑
- 2015Annual accounts 201523,4 k €↓
- 2014Annual accounts 201426,6 k €
- 09/01/2014IncorporationPrivate limited company