ACTIVE

TERRA ELEC

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Financial year 2025 · closed on 31/12/2025
Net result
37,7 k €
+105.9% YoY
Gross margin
3,3 M €
+28.6% YoY
Equity
183,9 k €
+25.8% YoY
Workforce
50,5 ETP
+3.1% YoY

What does TERRA ELEC do?

TERRA ELEC is a Private limited company incorporated in 2009. Its main activity is: Electrical installation. Its registered office is in Tubize. It employs on average 50,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0810.856.949
Incorporation
01/04/2009
Legal form
Private limited company
Registered office
Avenue Zénobe Gramme 1
1480 Tubize · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
50,5 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation
Joint committees (1)
  • 14901
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin3,3 M €2,6 M €2,4 M €2,1 M €2 M €570,1 k €905,5 k €435,5 k €378,3 k €348,8 k €342 k €418,5 k €377,6 k €337,4 k €217,6 k €94,8 k €
EBITDA162,8 k €-524,9 k €128,1 k €164,2 k €241,3 k €220,7 k €581,8 k €174,4 k €168,6 k €148,7 k €83,3 k €44,4 k €39,3 k €113,7 k €87 k €22,6 k €
Operating result103,6 k €-594,3 k €40,6 k €70,7 k €94,7 k €84,7 k €555,2 k €148,6 k €146,2 k €131,6 k €60,5 k €18,8 k €8,6 k €75,2 k €49,3 k €-23,5 k €
Net result37,7 k €-639,7 k €-16,6 k €18,4 k €78,8 k €52,9 k €376,3 k €95,6 k €93,2 k €84,8 k €37,7 k €18,7 k €864,6 €47,6 k €31,7 k €-25,4 k €
Balance sheet
Equity183,9 k €146,2 k €785,9 k €802,4 k €784 k €705,2 k €652,3 k €276 k €200,4 k €127,2 k €102,4 k €64,7 k €61 k €60,1 k €12,5 k €-19,2 k €
Total assets2,6 M €2,8 M €2,6 M €2,9 M €2,6 M €2 M €1,7 M €914,9 k €727,5 k €622 k €682,7 k €592,7 k €691,3 k €399,6 k €302,4 k €278,3 k €
Cash288 k €154,2 k €235,5 k €197,5 k €454,2 k €122,9 k €18 k €103,3 k €64,8 k €24,7 k €34 k €25,4 k €71,7 k €16,2 k €63,8 k €3,5 k €
Debts2,4 M €2,7 M €1,8 M €2,1 M €1,8 M €1,3 M €1 M €638,8 k €527,1 k €494,8 k €580,3 k €528 k €630,3 k €339,5 k €289,8 k €297,5 k €
Other
Workforce50,5 ETP49,0 ETP41,3 ETP37,8 ETP25,6 ETP12,8 ETP7,5 ETP5,9 ETP7,1 ETP7,8 ETP10,7 ETP10,0 ETP9,2 ETP6,9 ETP4,6 ETP2,7 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 31/12/2025 · 2 active · 9 ended

Active mandates

Elise De Jonghe D'Ardoye

Director · since 04 mars 2023

Active
Domenico Ranieri

Director · since 01 janvier 2021

Active

Ended mandates

Xavier Henrotay

Director · since 01 janvier 2021

Ended
Maurizio Terrazzino

Director · since 01 avril 2020

Ended
TEMA INVEST

Director · since 18 mars 2014 · 0500.822.678

Represented by Patrizia Rigodanzo

Ended
TEMA INVEST

Manager · since 18 mars 2014 · 0500.822.678

Represented by Patrizia RIGODANZO

Ended
At this address

Other companies at this address

CompanyCBE no.
Etudes et Installations Electriques & Chauffage● Active
0680.557.443
IMMO SCRATCH● Active
0433.597.027
M2 TECHNICS● Active
0806.199.761
QUADRALIGHT● Active
0750.811.474
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2020
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date12/06/202629/08/202530/08/202422/08/202330/09/202201/02/2021
General meeting05/06/202625/06/202526/06/202428/06/202329/06/202228/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202612/06/2026FrenchPDF
Abridged model31/12/202425/06/202529/08/2025FrenchPDF
Abridged model31/12/202326/06/202430/08/2024FrenchPDF
Abridged model31/12/202228/06/202322/08/2023FrenchPDF
Abridged model31/12/202129/06/202230/09/2022FrenchPDF
Abridged model30/06/202028/12/202001/02/2021DutchPDF
Abridged model30/06/201908/11/201908/05/2020DutchPDF
Abridged model30/06/201809/11/201820/12/2018FrenchPDF
Abridged model30/06/201710/11/201702/02/2018FrenchPDF
Abridged model30/06/201611/11/201629/01/2017FrenchPDF
Abridged model30/06/201505/01/201624/05/2016FrenchPDF
Abridged model30/06/201412/01/201529/01/2015FrenchPDF
Abridged model30/06/201308/11/201324/01/2014FrenchPDF
Abridged model30/06/201208/11/201226/02/2013FrenchPDF
Abridged model30/06/201114/11/201121/02/2012FrenchPDF
Abridged model30/06/201012/11/201015/02/2011FrenchPDF
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 31/12/2025 · 2 active · 9 ended

Active mandates

Elise De Jonghe D'Ardoye

Director · since 04 mars 2023

Active
Domenico Ranieri

Director · since 01 janvier 2021

Active

Ended mandates

Xavier Henrotay

Director · since 01 janvier 2021

Ended
Maurizio Terrazzino

Director · since 01 avril 2020

Ended
TEMA INVEST

Director · since 18 mars 2014 · 0500.822.678

Represented by Patrizia Rigodanzo

Ended
TEMA INVEST

Manager · since 18 mars 2014 · 0500.822.678

Represented by Patrizia RIGODANZO

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/11/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE
    PDF
  • Registered office27/08/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring09/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/05/2021
    DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/05/2021
    DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    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 202537,7 k €↑
  2. 2024
    Annual accounts 2024-639,7 k €↓
  3. 2023
    Annual accounts 2023-16,6 k €↓
  4. 2022
    Annual accounts 202218,4 k €↓
  5. 2021
    Annual accounts 202178,8 k €↑
  6. 2020
    Annual accounts 202052,9 k €↓
  7. 2019
    Annual accounts 2019376,3 k €↑
  8. 2018
    Annual accounts 201895,6 k €↑
  9. 2017
    Annual accounts 201793,2 k €↑
  10. 2016
    Annual accounts 201684,8 k €↑
  11. 2015
    Annual accounts 201537,7 k €↑
  12. 2014
    Annual accounts 201418,7 k €↑
  13. 2013
    Annual accounts 2013864,6 €↓
  14. 2012
    Annual accounts 201247,6 k €↑
  15. 2011
    Annual accounts 201131,7 k €↑
  16. 2010
    Annual accounts 2010-25,4 k €
  17. 01/04/2009
    IncorporationPrivate limited company