ACTIVE

AcTerra

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

605,2 k €

+136.1% YoY

Gross margin

2,1 M €

+36.4% YoY

Equity

3,9 M €

+2.0% YoY

Workforce

5,3 ETP

-19.7% YoY

What does AcTerra do?

AcTerra is a Public limited company incorporated in 2004. Its main activity is: Raising of dairy cattle. Its registered office is in Nazareth. It employs on average 5,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.056.445

Incorporation

15/11/2004

Legal form

Public limited company

Registered office

Stationsstraat 1 box A
9810 Nazareth · FlandreSee on map

Contributed capital

280 000,00 €

Latest accounts

31/12/2025

Average workforce

5,3 ETP

Activities (NACE)

01410Raising of dairy cattle· main 20150Manufacture of fertilisers and nitrogen compounds 20150Manufacture of fertilisers and nitrogen compounds 81300Landscape service activities 81300Landscape service activities 20150Manufacture of fertilisers and nitrogen compounds+11

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,1 M €	+36.4%	1,5 M €	-21.2%	2 M €	+27.6%	1,5 M €	-10.7%	1,7 M €	+10.3%	1,6 M €	-5.0%	1,6 M €	+0.1%	1,6 M €	+74.8%	935,9 k €	+35.2%	692,3 k €	+38.7%	499,1 k €	+13.7%	439 k €	+44.1%	304,7 k €	+57.9%	192,9 k €	+191%	66,3 k €	-24.6%	88 k €	+181%	31,3 k €	+66.1%	18,8 k €	+142%	-45 k €	+8.4%	-49,1 k €
EBITDA	1,5 M €	+53.3%	989,3 k €	-32.1%	1,5 M €	+36.4%	1,1 M €	-20.5%	1,3 M €	+25.3%	1,1 M €	-1.2%	1,1 M €	-14.2%	1,3 M €	+83.5%	688,8 k €	+52.0%	453,1 k €	+32.4%	342,2 k €	+10.1%	310,9 k €	+31.8%	235,9 k €	+55.1%	152,1 k €	+149%	61,2 k €	-28.0%	84,9 k €	+183%	30 k €	+204%	9,9 k €	+116%	-61,9 k €	-18.7%	-52,2 k €
Operating result	803,8 k €	+94.4%	413,4 k €	-55.1%	920,5 k €	+45.4%	633,2 k €	-32.3%	934,6 k €	+40.7%	664,4 k €	+16.5%	570,4 k €	-26.9%	779,9 k €	+163%	296,7 k €	+65.1%	179,7 k €	+241%	52,7 k €	-66.2%	155,8 k €	-4.8%	163,6 k €	+49.2%	109,6 k €	+312%	26,6 k €	-57.9%	63,3 k €	+242%	-44,7 k €	+21.2%	-56,7 k €	+54.5%	-124,5 k €	-1.2%	-123 k €
Net result	605,2 k €	+136%	256,3 k €	-58.9%	623,3 k €	+26.9%	491,3 k €	-28.1%	683,2 k €	+48.9%	459 k €	+15.4%	397,6 k €	-24.9%	529,6 k €	+140%	220,9 k €	+77.6%	124,4 k €	+271%	33,5 k €	-75.7%	138,1 k €	-12.3%	157,5 k €	+56.9%	100,4 k €	+780%	11,4 k €	-73.5%	43 k €	+179%	-54,6 k €	+23.0%	-70,9 k €	+53.1%	-151,4 k €	-19.1%	-127,1 k €
Balance sheet
Equity	3,9 M €	+2.0%	3,8 M €	+7.2%	3,6 M €	+21.3%	2,9 M €	+10.2%	2,7 M €	+34.6%	2 M €	+30.3%	1,5 M €	+35.6%	1,1 M €	+90.2%	587,1 k €	+3.7%	566,2 k €	+28.2%	441,8 k €	+8.2%	408,3 k €	+51.1%	270,2 k €	+140%	112,6 k €	+821%	12,2 k €	+1385%	823,7 €	+102%	-40,2 k €	-343%	16,5 k €	+112%	-140,4 k €	-127%	-62 k €
Total assets	7,5 M €	+7.4%	7 M €	+9.9%	6,4 M €	-7.3%	6,9 M €	+31.1%	5,2 M €	+12.6%	4,7 M €	+8.5%	4,3 M €	+4.3%	4,1 M €	+20.1%	3,4 M €	+91.6%	1,8 M €	+15.7%	1,5 M €	+14.3%	1,4 M €	+79.9%	753,2 k €	+89.0%	398,5 k €	+4.2%	382,3 k €	+40.9%	271,3 k €	+2.8%	263,9 k €	-26.0%	356,5 k €	+4.3%	341,7 k €	+9.7%	311,5 k €
Cash	168,2 k €	+57.9%	106,5 k €	-59.8%	265,3 k €	+174%	96,7 k €	-50.9%	197,2 k €	+24.0%	159 k €	+152%	63,1 k €	-69.5%	207 k €	+330%	48,1 k €	-68.0%	150,2 k €	+342%	34 k €	+185%	11,9 k €	+6.6%	11,2 k €	-74.7%	44,3 k €	+126%	19,6 k €	+404%	3,9 k €	-93.8%	63 k €	+17.3%	53,7 k €	+258%	15 k €	+58.8%	9,4 k €
Debts	3,4 M €	+14.9%	3 M €	+14.6%	2,6 M €	-29.9%	3,7 M €	+56.3%	2,4 M €	-5.4%	2,5 M €	-4.7%	2,6 M €	-9.6%	2,9 M €	+4.7%	2,8 M €	+145%	1,1 M €	+2.6%	1,1 M €	+16.9%	946,6 k €	+96.0%	483 k €	+69.0%	285,8 k €	-21.0%	361,6 k €	+33.7%	270,5 k €	-10.8%	303,2 k €	-10.3%	338 k €	-28.6%	473,1 k €	+28.3%	368,8 k €
Other
Workforce	5,3 ETP	-19.7%	6,6 ETP	0.0%	6,6 ETP	0.0%	6,6 ETP	+46.7%	4,5 ETP	-37.5%	7,2 ETP	-16.3%	8,6 ETP	+59.3%	5,4 ETP	+45.9%	3,7 ETP	+2.8%	3,6 ETP	+24.1%	2,9 ETP	+3.6%	2,8 ETP	+55.6%	1,8 ETP	+80.0%	1,0 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 26 ended

Active mandates

Filip Declercq

Managing director · since 05 septembre 2013 · until 28 juin 2031

Active

Bart Geerts

Managing director · since 30 septembre 2009 · until 28 juin 2031

Active

Ended mandates

BART GEERTS

Managing director · since 04 juillet 2019 · until 27 juin 2025

Ended

FILIP DECLERCQ

Managing director · since 04 juillet 2019 · until 27 juin 2025

Ended

BART GEERTS

Managing director · since 05 septembre 2013 · until 05 septembre 2019

Ended

Filip Declercq

Director · since 05 septembre 2013 · until 27 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
VERHAEGEN AGRO● Active	0444.065.802

Annual accounts

Full financial information

	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	10/08/2026	22/08/2025	22/08/2024	29/06/2023	17/08/2022	28/06/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	10/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	22/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	17/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	29/06/2020	Dutch	PDF
Abridged modelCorrection	31/12/2018	28/06/2019	13/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	03/10/2019	Dutch	PDF
Abridged modelCorrection	31/12/2017	22/06/2018	13/07/2020	Dutch	PDF
Abridged modelCorrection	31/12/2017	22/06/2018	18/09/2018	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	04/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/04/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	21/05/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	22/06/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 26 ended

Active mandates

Filip Declercq

Managing director · since 05 septembre 2013 · until 28 juin 2031

Active

Bart Geerts

Managing director · since 30 septembre 2009 · until 28 juin 2031

Active

Ended mandates

BART GEERTS

Managing director · since 04 juillet 2019 · until 27 juin 2025

Ended

FILIP DECLERCQ

Managing director · since 04 juillet 2019 · until 27 juin 2025

Ended

BART GEERTS

Managing director · since 05 septembre 2013 · until 05 septembre 2019

Ended

Filip Declercq

Director · since 05 septembre 2013 · until 27 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

Mandates06/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/01/2018
KAPITAAL - AANDELEN
PDF
Mandates08/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2008
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/07/2007
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/12/2005
BENAMING - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2005
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 2025605,2 k €↑
2024
Annual accounts 2024256,3 k €↓
2023
Annual accounts 2023623,3 k €↑
2022
Annual accounts 2022491,3 k €↓
2021
Annual accounts 2021683,2 k €↑
2020
Annual accounts 2020459 k €↑
2019
Annual accounts 2019397,6 k €↓
2018
Annual accounts 2018529,6 k €↑
2017
Annual accounts 2017220,9 k €↑
2016
Annual accounts 2016124,4 k €↑
2015
Annual accounts 201533,5 k €↓
2014
Annual accounts 2014138,1 k €↓
2013
Annual accounts 2013157,5 k €↑
2012
Annual accounts 2012100,4 k €↑
2011
Annual accounts 201111,4 k €↓
2010
Annual accounts 201043 k €↑
2009
Annual accounts 2009-54,6 k €↑
2008
Annual accounts 2008-70,9 k €↑
2007
Annual accounts 2007-151,4 k €↓
2006
Annual accounts 2006-127,1 k €
15/11/2004
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

AcTerra

Overview

What does AcTerra do?

Trend over 20 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