ACTIVE

TER WAARDE

Financial year 2025 · closed on 31/12/2025
Net result
94 k €
+28.4% YoY
Gross margin
344,5 k €
+3.1% YoY
Equity
1,1 M €
+9.3% YoY

What does TER WAARDE do?

TER WAARDE is a Private limited company incorporated in 2011. Its registered office is in Ieper.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0839.699.997
Incorporation
28/09/2011
Legal form
Private limited company
Registered office
Ter Waarde 50
8900 Ieper · FlandreSee on map
Contributed capital
461 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin344,5 k €334,1 k €264,5 k €331,4 k €239,6 k €190,9 k €367,7 k €422,2 k €425,2 k €335,7 k €137,5 k €94,2 k €105,1 k €85,5 k €
EBITDA299,4 k €291,2 k €228,2 k €295,9 k €205,2 k €156,6 k €344,3 k €396,3 k €400,8 k €310,9 k €125,6 k €82,7 k €84,2 k €73,5 k €
Operating result175,4 k €152,1 k €91,8 k €165,2 k €-1,6 k €-48,3 k €65,2 k €303,8 k €302 k €205,6 k €-22,5 k €44,1 k €40,4 k €11 k €
Net result94 k €73,2 k €38,6 k €111,2 k €-58,3 k €-106,5 k €5 k €174,1 k €166,1 k €112,9 k €-48,3 k €48,3 k €81,2 k €-42,8 k €
Balance sheet
Equity1,1 M €1 M €943 k €904,3 k €793,2 k €851,5 k €958 k €952,9 k €778,8 k €612,7 k €499,8 k €548,2 k €499,8 k €418,7 k €
Total assets3,1 M €3,2 M €3,3 M €3,5 M €3,6 M €3,8 M €4,2 M €3,1 M €3,1 M €3,1 M €3,1 M €1,2 M €1,5 M €1,4 M €
Cash39,3 k €31,5 k €47,1 k €108,3 k €109,4 k €41 k €333 k €666,4 k €456,1 k €168,6 k €102,5 k €222,3 k €368,1 k €55,8 k €
Debts1,8 M €2 M €2,2 M €2,4 M €2,6 M €2,9 M €3,1 M €2 M €2,2 M €2,4 M €2,6 M €629,5 k €940,9 k €966,4 k €
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 · 3 active · 22 ended

Active mandates

DIMARE

Director · since 27 juin 2023 · 0847.953.610

Represented by Coucke DIRK

Active
Ann Verbrugghe

Director · since 29 juin 2021

Active
Monteberghoeve

Director · since 28 septembre 2011 · 0479.290.856

Represented by Roelens Carlos

Active

Ended mandates

Agr-ID

Director · since 19 avril 2021 · 0467.257.017

Represented by Dirk Coucke

Ended
Agr-ID

Director · since 26 novembre 2020 · 0467.257.017

Represented by Dirk Coucke

Ended
Monteberghoeve

Director · since 26 novembre 2020 · 0479.290.856

Represented by Carlos Roelens

Ended
Agr-ID

Director · since 28 septembre 2011 · 0467.257.017

Represented by Dirk Coucke

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202629/08/202529/08/202431/08/202331/08/202231/08/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202229/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202628/08/2026DutchPDF
Micro model31/12/202420/06/202529/08/2025DutchPDF
Micro model31/12/202321/06/202429/08/2024DutchPDF
Micro model31/12/202216/06/202331/08/2023DutchPDF
Micro model31/12/202117/06/202231/08/2022DutchPDF
Micro model31/12/202029/06/202131/08/2021DutchPDF
Micro model31/12/201919/06/202008/10/2020DutchPDF
Micro model31/12/201821/06/201928/08/2019DutchPDF
Micro model31/12/201715/06/201831/08/2018DutchPDF
Micro model31/12/201616/06/201731/08/2017DutchPDF
Abridged model31/12/201517/06/201631/08/2016DutchPDF
Abridged model31/12/201419/06/201526/08/2015DutchPDF
Abridged model31/12/201320/06/201429/08/2014DutchPDF
Abridged model31/12/201221/06/201331/08/2013DutchPDF
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 · 3 active · 22 ended

Active mandates

DIMARE

Director · since 27 juin 2023 · 0847.953.610

Represented by Coucke DIRK

Active
Ann Verbrugghe

Director · since 29 juin 2021

Active
Monteberghoeve

Director · since 28 septembre 2011 · 0479.290.856

Represented by Roelens Carlos

Active

Ended mandates

Agr-ID

Director · since 19 avril 2021 · 0467.257.017

Represented by Dirk Coucke

Ended
Agr-ID

Director · since 26 novembre 2020 · 0467.257.017

Represented by Dirk Coucke

Ended
Monteberghoeve

Director · since 26 novembre 2020 · 0479.290.856

Represented by Carlos Roelens

Ended
Agr-ID

Director · since 28 septembre 2011 · 0467.257.017

Represented by Dirk Coucke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/11/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office02/07/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other10/10/2011
    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 202594 k €
  2. 2024
    Annual accounts 202473,2 k €
  3. 2023
    Annual accounts 202338,6 k €
  4. 2022
    Annual accounts 2022111,2 k €
  5. 2021
    Annual accounts 2021-58,3 k €
  6. 2020
    Annual accounts 2020-106,5 k €
  7. 2019
    Annual accounts 20195 k €
  8. 2018
    Annual accounts 2018174,1 k €
  9. 2017
    Annual accounts 2017166,1 k €
  10. 2016
    Annual accounts 2016112,9 k €
  11. 2015
    Annual accounts 2015-48,3 k €
  12. 2014
    Annual accounts 201448,3 k €
  13. 2013
    Annual accounts 201381,2 k €
  14. 2012
    Annual accounts 2012-42,8 k €
  15. 28/09/2011
    IncorporationPrivate limited company