TERRANOVA SOLAR
0843.770.435 · rovalta.com · 24/09/2026
ACTIVE
TERRANOVA SOLAR
Financial year 2025 · Closed on 31/12/2025
Net result
2,1 M €
+61,0 %over 1 yearGross margin
5,2 M €
+16,6 %over 1 yearEquity
7,9 M €
+23,4 %over 1 yearOverview
Identity
Source · BCE/KBOTERRANOVA SOLAR is a Public limited company incorporated in 2012. Its main activity is: Production of electricity. Its registered office is in Stabroek.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0843.770.435
- Incorporation
- 14/02/2012
- Legal form
- Public limited company
- Registered office
- Laageind 91
2940 Stabroek · FlandreSee on map - Contributed capital
- 5 555 600,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 13 filingsTrend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 5,2 M € | +16.6% | 4,5 M € | -21.3% | 5,7 M € | -37.0% | 9 M € | +63.3% | 5,5 M € |
| EBITDA | 5 M € | +17.6% | 4,2 M € | -20.7% | 5,4 M € | -17.9% | 6,5 M € | +23.4% | 5,3 M € |
| Operating result | 3 M € | +34.3% | 2,3 M € | -33.4% | 3,4 M € | -26.1% | 4,6 M € | +69.5% | 2,7 M € |
| Net result | 2,1 M € | +61.0% | 1,3 M € | -32.8% | 1,9 M € | -32.9% | 2,9 M € | +134% | 1,2 M € |
| Balance sheet | |||||||||
| Equity | 7,9 M € | +23.4% | 6,4 M € | +0.9% | 6,4 M € | -47.2% | 12,1 M € | +31.6% | 9,2 M € |
| Total assets | 16,9 M € | -0.2% | 17 M € | -19.8% | 21,1 M € | -24.6% | 28 M € | +5.4% | 26,6 M € |
| Cash | 461,2 k € | -16.0% | 549,3 k € | +90.4% | 288,5 k € | -67.7% | 891,9 k € | -71.7% | 3,1 M € |
| Debts | 8,1 M € | -15.7% | 9,6 M € | -30.5% | 13,8 M € | -7.8% | 14,9 M € | -8.7% | 16,3 M € |
Valuation
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20257 active · 30 ended
Active mandates
An Vervliet
ActiveChloë Van Weynsberghe
ActiveTom Maes
ActiveJan Grommen
ActiveFrank De Mulder
ActiveGregorius Aertssen
ActiveWalter Wesenbeek
ActiveEnded mandates
Alexander Van Heuverswyn
EndedIvo Pallemans
EndedJohan Maes
EndedPatrick Huyghe
EndedOther companies at this address
Laageind 91 2940 Stabroek| Company | CBE no. |
|---|---|
AERTSSEN GROUP● Active | 0423.833.976 |
AERTSSEN INDUSTRIAL SERVICES● Active | 0767.544.568 |
Aertssen Infra● Active | 0403.813.275 |
AERTSSEN LIFTING● Active | 0441.175.794 |
AERTSSEN LOGISTICS● Active | 0664.571.843 |
AERTSSEN SERVICES● Active | 0404.322.724 |
AERTSSEN TRANSPORT● Active | 0416.893.726 |
BERAECO● Active | 0736.989.964 |
Beringen Logistics & Terminal● Active | 1010.017.844 |
EYSSELS● Active | 0713.700.561 |
GROEP AERTSSEN● Active | 0807.271.612 |
IMASFIN● Active | 0879.156.233 |
Immo Cordeel-Aertssen● Active | 0475.228.437 |
KLAVERENBOER● Active | 0635.825.991 |
NEWMO● Active | 0404.037.563 |
NEWMO HAREN● Active | 0400.379.079 |
NIEUW TEMSE● Active | 0863.448.567 |
ROLLIT CARGO● Active | 0848.690.513 |
Shipit Terminal● Active | 0860.312.497 |
Smeyers● Active | 0437.838.105 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged 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 | 22/06/2026 | 23/06/2025 | 20/06/2024 | 04/07/2023 | 27/06/2022 | 24/06/2021 |
| General meeting | 02/06/2026 | 03/06/2025 | 04/06/2024 | 06/06/2023 | 07/06/2022 | 01/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 13 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 02/06/2026 | 22/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 03/06/2025 | 23/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 04/06/2024 | 20/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 06/06/2023 | 04/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 07/06/2022 | 27/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 01/06/2021 | 24/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 02/06/2020 | 29/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 04/06/2019 | 02/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 05/06/2018 | 03/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 06/06/2017 | 16/06/2017 | Dutch | |
| Full model | 31/12/2015 | 07/06/2016 | 06/07/2016 | Dutch | |
| Full model | 31/12/2014 | 02/06/2015 | 22/06/2015 | Dutch | |
| Full model | 31/12/2013 | 03/06/2014 | 27/06/2014 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20257 active · 30 ended
Active mandates
An Vervliet
ActiveChloë Van Weynsberghe
ActiveTom Maes
ActiveJan Grommen
ActiveFrank De Mulder
ActiveGregorius Aertssen
ActiveWalter Wesenbeek
ActiveEnded mandates
Alexander Van Heuverswyn
EndedIvo Pallemans
EndedJohan Maes
EndedPatrick Huyghe
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates18/08/2025ONTSLAGEN - BENOEMINGEN
- Mandates18/11/2024ONTSLAGEN - BENOEMINGEN
- Mandates06/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates06/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates03/08/2021ONTSLAGEN - BENOEMINGEN
- Mandates22/01/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates27/09/2019ONTSLAGEN - BENOEMINGEN
- Mandates14/05/2019ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,1 M €↑
- 2024Annual accounts 20241,3 M €↓
- 2023Annual accounts 20231,9 M €↓
- 2022Annual accounts 20222,9 M €↑
- 2021Annual accounts 20211,2 M €↓
- 2020Annual accounts 20201,7 M €↑
- 2019Annual accounts 20191,5 M €↓
- 2018Annual accounts 20181,8 M €↑
- 2017Annual accounts 20171,3 M €↓
- 2016Annual accounts 20161,4 M €↓
- 2015Annual accounts 20151,6 M €↓
- 2014Annual accounts 20141,6 M €↑
- 2013Annual accounts 2013-131,4 k €
- 14/02/2012IncorporationPublic limited company