ACTIVE

Terramax

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Financial year 2025 · closed on 31/12/2025
Net result
146,4 k €
+147.8% YoY
Gross margin
603,6 k €
+381.8% YoY
Equity
335 k €
+77.6% YoY
Workforce
4,0 ETP
+33.3% YoY

What does Terramax do?

Terramax is a Private limited company incorporated in 2021. Its main activity is: Repair of machinery. Its registered office is in Bilzen-Hoeselt. It employs on average 4,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0764.657.829
Incorporation
04/03/2021
Legal form
Private limited company
Registered office
Tongersestraat 94
3740 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Activities (NACE)
33120Repair of machinery· main33120Repair of machinery46630Wholesale of mining, construction and civil engineering machinery46630Wholesale of mining, construction and civil engineering machinery46649Wholesale of machinery for the textile industry and of sewing and knitting machines46699Wholesale of other machinery and equipment
Joint committees (2)
  • 14904
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin603,6 k €125,3 k €791,7 k €197,6 k €30,9 k €
EBITDA258,4 k €-129,6 k €717,7 k €167,6 k €18,8 k €
Operating result199,2 k €-172,3 k €687,8 k €156,4 k €17,3 k €
Net result146,4 k €-306,4 k €435,4 k €52,3 k €2,4 k €
Balance sheet
Equity335 k €188,6 k €495 k €104,6 k €52,4 k €
Total assets7,4 M €4,8 M €4,1 M €2,9 M €2,3 M €
Cash333,8 k €46,3 k €10,3 k €2,6 k €11,9 k €
Debts7,1 M €4,6 M €3,6 M €2,8 M €2,2 M €
Other
Workforce4,0 ETP3,0 ETP0,8 ETP0,8 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

D & A

Director · since 04 mars 2021 · 0834.698.262

Represented by Ivo Palmaers

Active

Ended mandates

D & A

Director · since 04 mars 2021 · 0834.698.262

Represented by Ivo Palmaers

Ended
D & A

Director · 0834.698.262

Represented by Ivo Jean Marie Gislain Palmaers

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202204/03/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months10 months
Filing date08/06/202606/06/202510/07/202414/06/202311/07/2022
General meeting02/06/202603/06/202504/06/202406/06/202307/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202608/06/2026DutchPDF
Abridged model31/12/202403/06/202506/06/2025DutchPDF
Abridged modelCorrection31/12/202304/06/202410/07/2024DutchPDF
Abridged model31/12/202304/06/202407/06/2024DutchPDF
Abridged model31/12/202206/06/202314/06/2023DutchPDF
Abridged model31/12/202107/06/202211/07/2022DutchPDF
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.

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 · 1 active · 2 ended

Active mandates

D & A

Director · since 04 mars 2021 · 0834.698.262

Represented by Ivo Palmaers

Active

Ended mandates

D & A

Director · since 04 mars 2021 · 0834.698.262

Represented by Ivo Palmaers

Ended
D & A

Director · 0834.698.262

Represented by Ivo Jean Marie Gislain Palmaers

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/01/2024
    DOEL
    PDF
  • Other14/01/2022
    BENAMING
    PDF
  • Other08/03/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 2025146,4 k €↑
  2. 2024
    Annual accounts 2024-306,4 k €↓
  3. 2023
    Annual accounts 2023435,4 k €↑
  4. 2022
    Annual accounts 202252,3 k €↑
  5. 2021
    Annual accounts 20212,4 k €
  6. 04/03/2021
    IncorporationPrivate limited company