ACTIVE

TERRANOVA

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Financial year 2025 · closed on 31/12/2025

Net result

451,3 k €

+1070.0% YoY

Revenue

28,8 M €

-19.2% YoY

Equity

338,8 k €

0.0% YoY

What does TERRANOVA do?

TERRANOVA is a Public limited company incorporated in 2011. Its main activity is: Remediation activities and other waste management services. Its registered office is in Beveren-Kruibeke-Zwijndrecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0834.141.008

Incorporation

25/02/2011

Legal form

Public limited company

Registered office

Scheldedijk 30
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

308 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

39000Remediation activities and other waste management services· main 39000Remediation activities and other waste management services

Signals

ProfitablePositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	28,8 M €	-19.2%	35,6 M €	+98.5%	17,9 M €	+145%	7,3 M €		–		6,7 M €		–		–		–		–		3,9 M €	-40.9%	6,6 M €	+11.8%	5,9 M €	-23.3%	7,7 M €	+450%	1,4 M €
EBITDA	1,4 M €	-49.8%	2,7 M €	+85.8%	1,5 M €	+37.8%	1,1 M €	-4.3%	1,1 M €	+31.9%	838,3 k €	+271%	225,9 k €	-51.5%	466,1 k €	-1.6%	473,8 k €	-11.4%	535 k €	-5.5%	566,2 k €	+17.4%	482,2 k €	+34.7%	357,8 k €	-25.7%	481,7 k €	+1288%	34,7 k €
Operating result	533,5 k €	+55.5%	343,1 k €	-63.2%	931,2 k €	+16.3%	800,5 k €	+4.1%	768,9 k €	+37.3%	560,1 k €	+1170%	-52,3 k €	-127%	195,7 k €	-13.7%	226,8 k €	-19.4%	281,5 k €	-9.4%	310,7 k €	+37.0%	226,8 k €	+121%	102,4 k €	-54.7%	226,3 k €	+589%	32,8 k €
Net result	451,3 k €	+1070%	38,6 k €	-94.4%	694,7 k €	+16.3%	597,2 k €	+4.3%	572,8 k €	+33.2%	430,1 k €	+378%	-154,8 k €	-265%	94 k €	-2.9%	96,8 k €	-37.9%	155,8 k €	-9.1%	171,4 k €	+1175%	13,4 k €	+162%	-21,8 k €	-326%	-5,1 k €	-9.6%	-4,7 k €
Balance sheet
Equity	338,8 k €	0.0%	338,8 k €	-0.0%	338,8 k €	-63.9%	939 k €	+175%	341,9 k €	+0.8%	339,1 k €	-48.1%	653 k €	-19.2%	807,8 k €	+13.2%	713,8 k €	+15.7%	617,1 k €	+33.8%	461,2 k €	+59.2%	289,8 k €	+4.9%	276,4 k €	-7.3%	298,2 k €	-1.7%	303,3 k €
Total assets	22,6 M €	+16.3%	19,5 M €	+32.2%	14,7 M €	+163%	5,6 M €	-35.0%	8,6 M €	+59.3%	5,4 M €	-7.2%	5,8 M €	+30.2%	4,5 M €	-26.8%	6,1 M €	+9.3%	5,6 M €	+18.0%	4,7 M €	-12.9%	5,4 M €	-2.6%	5,6 M €	-14.7%	6,5 M €	+28.8%	5,1 M €
Cash	484,6 k €	-81.7%	2,6 M €	+180%	944,9 k €	-15.1%	1,1 M €	+1.9%	1,1 M €	-43.8%	1,9 M €	+44.5%	1,3 M €	+192%	460,5 k €	-75.9%	1,9 M €	+22.3%	1,6 M €	+623%	216,6 k €	-63.6%	595,4 k €	-35.5%	923 k €	+205%	302,2 k €	+24.0%	243,7 k €
Debts	18 M €	+19.8%	15 M €	+24.2%	12,1 M €	+387%	2,5 M €	-59.0%	6 M €	+108%	2,9 M €	-2.4%	3 M €	+82.0%	1,6 M €	-50.1%	3,3 M €	-12.6%	3,7 M €	+28.4%	2,9 M €	-16.7%	3,5 M €	+3.4%	3,4 M €	-18.3%	4,1 M €	+31.3%	3,2 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 36 ended

Active mandates

Bartel De Clercq

Director · since 01 août 2025 · until 06 juin 2031

Active

Anne Smet

Director · since 06 juin 2025 · until 06 juin 2031

Active

Dirk Ponnet

Director · since 06 juin 2025 · until 06 juin 2031

Active

Dirk Poppe

Director · since 06 juin 2025 · until 01 août 2025

Active

Francis Verhees

Director · since 06 juin 2025 · until 06 juin 2031

Active

Gregorius Aertssen

Director · since 06 juin 2025 · until 06 juin 2031

Active

Walter Wesenbeek

Director · since 06 juin 2025 · until 06 juin 2031

Active

Ended mandates

Gregorius Aertssen

Director · since 30 avril 2020 · until 06 juin 2025

Ended

Walter Wesenbeek

Director · since 30 avril 2020 · until 06 juin 2025

Ended

An Smet

Director · since 07 juin 2019 · until 06 juin 2025

Ended

Anne Smet

Director · since 07 juin 2019 · until 06 juin 2025

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full 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	25/06/2026	23/06/2025	17/06/2024	06/06/2023	20/06/2022	23/06/2021
General meeting	19/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	25/06/2026	Dutch	PDF
Full model	31/12/2024	06/06/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	17/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	06/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	20/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	11/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	13/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	27/06/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	02/07/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	16/06/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	12/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	07/06/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 7 active · 36 ended

Active mandates

Bartel De Clercq

Director · since 01 août 2025 · until 06 juin 2031

Active

Anne Smet

Director · since 06 juin 2025 · until 06 juin 2031

Active

Dirk Ponnet

Director · since 06 juin 2025 · until 06 juin 2031

Active

Dirk Poppe

Director · since 06 juin 2025 · until 01 août 2025

Active

Francis Verhees

Director · since 06 juin 2025 · until 06 juin 2031

Active

Gregorius Aertssen

Director · since 06 juin 2025 · until 06 juin 2031

Active

Walter Wesenbeek

Director · since 06 juin 2025 · until 06 juin 2031

Active

Ended mandates

Gregorius Aertssen

Director · since 30 avril 2020 · until 06 juin 2025

Ended

Walter Wesenbeek

Director · since 30 avril 2020 · until 06 juin 2025

Ended

An Smet

Director · since 07 juin 2019 · until 06 juin 2025

Ended

Anne Smet

Director · since 07 juin 2019 · until 06 juin 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2020
DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2017
ONTSLAGEN - BENOEMINGEN
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 2025451,3 k €↑
2024
Annual accounts 202438,6 k €↓
2023
Annual accounts 2023694,7 k €↑
2022
Annual accounts 2022597,2 k €↑
2021
Annual accounts 2021572,8 k €↑
2020
Annual accounts 2020430,1 k €↑
2019
Annual accounts 2019-154,8 k €↓
2018
Annual accounts 201894 k €↓
2017
Annual accounts 201796,8 k €↓
2016
Annual accounts 2016155,8 k €↓
2015
Annual accounts 2015171,4 k €↑
2014
Annual accounts 201413,4 k €↑
2013
Annual accounts 2013-21,8 k €↓
2012
Annual accounts 2012-5,1 k €↓
2011
Annual accounts 2011-4,7 k €
25/02/2011
IncorporationPublic 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

TERRANOVA

Overview

What does TERRANOVA do?

Trend over 15 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