ACTIVE

Terra Firma Associates

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Financial year 2025 · Closed on 31/03/2025

Net result-12,3 k €+77,1 %over 1 year
Gross margin-1,5 k €+96,8 %over 1 year
Equity-43,5 k €-39,4 %over 1 year

Identity

Source · BCE/KBO

Terra Firma Associates is a Private limited company incorporated in 2018. Its main activity is: Public relations and communication activities. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0713.737.579
Incorporation
21/11/2018
Legal form
Private limited company
Registered office
Avenue Louise 240 box 14
1050 Ixelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin-1,5 k €-46 k €2,9 k €-3,2 k €2,2 k €
EBITDA-3,2 k €-49,7 k €1,3 k €-5,5 k €2,2 k €
Operating result-4,7 k €-51,2 k €-6,2 €-5,7 k €2 k €
Net result-12,3 k €-53,6 k €-1,2 k €-12,4 k €1,1 k €
Balance sheet
Equity-43,5 k €-31,2 k €22,4 k €19 k €31,4 k €
Total assets88,4 k €160,3 k €163,8 k €230 k €315,3 k €
Cash18,9 k €10 k €21,2 k €17,2 k €75,7 k €
Debts131,9 k €191,5 k €140,7 k €211 k €284 k €

Board of directors

Source · NBB, accounts to 31/03/2025

1 active · 2 ended

Active mandates

Fernando Benavides Asencio

Manager · since 03 octobre 2022

Active

Ended mandates

Benavides Asensio Fernando

Manager · since 21 novembre 2018

Ended
Fernando Benavides Asencio

Manager · since 21 novembre 2018

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/10/202509/10/202413/10/202328/10/202210/12/202120/11/2020
General meeting25/09/202507/10/202410/10/202327/10/202206/12/202120/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202525/09/202529/10/2025FrenchPDF
Abridged model31/03/202407/10/202409/10/2024FrenchPDF
Abridged model31/03/202310/10/202313/10/2023FrenchPDF
Abridged model31/03/202227/10/202228/10/2022FrenchPDF
Abridged model31/03/202106/12/202110/12/2021FrenchPDF
Abridged model31/03/202020/11/202020/11/2020FrenchPDF
Abridged model31/03/201930/10/201931/10/2019FrenchPDF

Indicative valuation

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.

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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 31/03/2025

1 active · 2 ended

Active mandates

Fernando Benavides Asencio

Manager · since 03 octobre 2022

Active

Ended mandates

Benavides Asensio Fernando

Manager · since 21 novembre 2018

Ended
Fernando Benavides Asencio

Manager · since 21 novembre 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/10/2022
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office08/03/2022
    SIEGE SOCIAL
    PDF
  • Other23/11/2018
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-12,3 k €↑
  2. 2024
    Annual accounts 2024-53,6 k €↓
  3. 2023
    Annual accounts 2023-1,2 k €↑
  4. 2022
    Annual accounts 2022-12,4 k €↓
  5. 2021
    Annual accounts 20211,1 k €↓
  6. 2020
    Annual accounts 20208,3 k €↓
  7. 2019
    Annual accounts 201915,4 k €
  8. 21/11/2018
    IncorporationPrivate limited company