TERRANOVA
0872.242.806 · rovalta.com · 23/09/2026
ACTIVE
TERRANOVA
Financial year 2025 · closed on 31/12/2025
Net result
128,4 k €
-12.2% YoY
Revenue
3,9 M €
+6.9% YoY
Equity
1,3 M €
+2.2% YoY
Workforce
6,8 ETP
-2.9% YoY
Overview
What does TERRANOVA do?
TERRANOVA is a Public limited company incorporated in 2005. Its registered office is in Liège. It employs on average 6,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0872.242.806
Incorporation
03/03/2005
Legal form
Public limited company
Registered office
Avenue de l'Indépendance 83
4020 Liège · WallonieSee on map
4020 Liège · WallonieSee on map
Contributed capital
261 000,00 €
Latest accounts
31/12/2025
Average workforce
6,8 ETP
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
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 | |||||||||||||||||||||||||||||||||||||||
| Revenue | 3,9 M € | +6.9% | 3,6 M € | -11.9% | 4,1 M € | -31.6% | 6 M € | +17.8% | 5,1 M € | +43.9% | 3,5 M € | +24.0% | 2,9 M € | +9.6% | 2,6 M € | +20.0% | 2,2 M € | +41.9% | 1,5 M € | +2.8% | 1,5 M € | -17.7% | 1,8 M € | +48.6% | 1,2 M € | +16.8% | 1 M € | +18.8% | 877,4 k € | +40.0% | 626,7 k € | -6.2% | 668,1 k € | -10.6% | 747,3 k € | -7.7% | 809,8 k € | +59.8% | 506,9 k € |
| EBITDA | 409,9 k € | +9.1% | 375,7 k € | -40.9% | 635,7 k € | +129% | 277,2 k € | +210% | 89,5 k € | -77.2% | 393,1 k € | -25.5% | 527,4 k € | +12.5% | 468,7 k € | -0.1% | 469,1 k € | +24.8% | 375,7 k € | +5.8% | 355,2 k € | -27.7% | 491,6 k € | +2.3% | 480,5 k € | +60.7% | 299 k € | +8.9% | 274,6 k € | +68.0% | 163,4 k € | -4.7% | 171,5 k € | +18.4% | 144,8 k € | -43.8% | 257,5 k € | +246% | 74,3 k € |
| Operating result | 177,8 k € | -11.6% | 201,1 k € | -54.6% | 442,5 k € | +398% | 88,9 k € | -60.8% | 226,7 k € | +21.8% | 186,2 k € | -44.4% | 334,5 k € | +12.9% | 296,3 k € | -21.5% | 377,6 k € | +19.7% | 315,5 k € | +18.3% | 266,8 k € | -25.0% | 356 k € | +11.4% | 319,6 k € | +189% | 110,4 k € | +34.5% | 82,1 k € | +394% | -28 k € | -0.2% | -27,9 k € | +18.4% | -34,2 k € | -131% | 111,9 k € | +366% | -42 k € |
| Net result | 128,4 k € | -12.2% | 146,3 k € | -55.5% | 328,6 k € | +431% | 61,9 k € | -60.2% | 155,5 k € | +15.1% | 135,1 k € | -43.8% | 240,4 k € | +12.7% | 213,3 k € | -11.8% | 242 k € | +12.3% | 215,5 k € | +10.1% | 195,7 k € | -35.8% | 305 k € | -5.0% | 321,2 k € | +193% | 109,6 k € | +76.6% | 62,1 k € | +329% | 14,5 k € | +147% | -30,9 k € | +3.7% | -32,1 k € | -127% | 117,1 k € | +542% | -26,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 1,3 M € | +2.2% | 1,3 M € | +12.7% | 1,2 M € | +12.5% | 1 M € | -3.6% | 1,1 M € | -41.2% | 1,8 M € | +8.1% | 1,7 M € | -12.4% | 1,9 M € | +12.3% | 1,7 M € | +16.0% | 1,5 M € | +16.6% | 1,3 M € | +16.8% | 1,1 M € | +29.4% | 832,9 k € | +53.2% | 543,8 k € | +14.6% | 474,7 k € | +5.8% | 448,9 k € | +14.4% | 392,4 k € | -14.9% | 461 k € | -13.1% | 530,8 k € | +23.3% | 430,5 k € |
| Total assets | 2,4 M € | +5.8% | 2,3 M € | -18.0% | 2,8 M € | -35.8% | 4,3 M € | +43.3% | 3 M € | -3.1% | 3,1 M € | +28.1% | 2,4 M € | -5.7% | 2,6 M € | +12.5% | 2,3 M € | +40.9% | 1,6 M € | +13.8% | 1,4 M € | -7.8% | 1,5 M € | +6.6% | 1,5 M € | +13.8% | 1,3 M € | -10.8% | 1,4 M € | -5.3% | 1,5 M € | +1.1% | 1,5 M € | -23.4% | 2 M € | +1.4% | 1,9 M € | -6.0% | 2 M € |
| Cash | 655,3 € | 0.0% | 655,3 € | -99.9% | 549,8 k € | +75.8% | 312,8 k € | -27.9% | 434 k € | -68.3% | 1,4 M € | +15.1% | 1,2 M € | +0.5% | 1,2 M € | +56.7% | 755,9 k € | -6.7% | 810,2 k € | -6.1% | 862,7 k € | +51.5% | 569,6 k € | +67.5% | 340 k € | +333% | 78,6 k € | -4.1% | 81,9 k € | +101% | 40,8 k € | +125% | 18,2 k € | -82.1% | 101,5 k € | +12.5% | 90,2 k € | +60.3% | 56,3 k € |
| Debts | 1,1 M € | +10.6% | 974,2 k € | -39.9% | 1,6 M € | -50.8% | 3,3 M € | +68.7% | 2 M € | +98.1% | 986,1 k € | +135% | 419,9 k € | -34.2% | 638 k € | +17.4% | 543,6 k € | +245% | 157,6 k € | -2.3% | 161,3 k € | -64.8% | 458,3 k € | -25.7% | 617 k € | -15.8% | 733 k € | -23.3% | 955,8 k € | -10.0% | 1,1 M € | -1.9% | 1,1 M € | -26.0% | 1,5 M € | +7.0% | 1,4 M € | -13.7% | 1,6 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 6,8 ETP | -2.9% | 7,0 ETP | +34.6% | 5,2 ETP | +36.8% | 3,8 ETP | +5.6% | 3,6 ETP | -20.0% | 4,5 ETP | -16.7% | 5,4 ETP | +20.0% | 4,5 ETP | +15.4% | 3,9 ETP | +11.4% | 3,5 ETP | 0.0% | 3,5 ETP | 0.0% | 3,5 ETP | 0.0% | 3,5 ETP | 0.0% | 3,5 ETP | +12.9% | 3,1 ETP | -8.8% | 3,4 ETP | -17.1% | 4,1 ETP | -6.8% | 4,4 ETP | +4.8% | 4,2 ETP | +35.5% | 3,1 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 94 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
AB Tech● Active | 0447.207.216 |
AQUAFLUX● Active | 0899.664.112 |
CHATEAU DE DURETTE● Active | 0895.295.152 |
GAMA - ASPHALT● Active | 0449.317.064 |
Gravaubel● Active | 0402.404.104 |
JOLY● Active | 0773.919.745 |
JOLY SA● Active | 0464.849.536 |
SSM ABTECH-ELOY● Active | 1020.215.415 |
SSM ABTECH-GRAVAUBEL● Active | 1041.461.680 |
SSM ABTECH-SOCOGETRA● Active | 0746.479.633 |
TRANSPORT GROUPE JOLY● Active | 1023.528.657 |
WERISOL● Active | 0764.999.606 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Full 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 | 30/06/2026 | 18/06/2025 | 17/06/2024 | 29/06/2023 | 05/07/2022 | 30/06/2021 |
| General meeting | 09/06/2026 | 11/06/2025 | 11/06/2024 | 26/06/2023 | 29/06/2022 | 18/05/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/06/2026 | 30/06/2026 | French | |
| Abridged model | 31/12/2024 | 11/06/2025 | 18/06/2025 | French | |
| Abridged model | 31/12/2023 | 11/06/2024 | 17/06/2024 | French | |
| Abridged model | 31/12/2022 | 26/06/2023 | 29/06/2023 | French | |
| Abridged model | 31/12/2021 | 29/06/2022 | 05/07/2022 | French | |
| Full model | 31/12/2020 | 18/05/2021 | 30/06/2021 | French | |
| Full model | 31/12/2019 | 30/09/2020 | 01/10/2020 | French | |
| Full model | 31/12/2018 | 07/05/2019 | 20/05/2019 | French | |
| Full model | 31/12/2017 | 06/06/2018 | 02/07/2018 | French | |
| Full model | 31/12/2016 | 16/05/2017 | 01/06/2017 | French | |
| Full model | 31/12/2015 | 27/04/2016 | 02/06/2016 | French | |
| Full model | 31/12/2014 | 01/04/2015 | 29/04/2015 | French | |
| Full model | 31/12/2013 | 23/06/2014 | 07/07/2014 | French | |
| Full model | 31/12/2012 | 11/06/2013 | 12/06/2013 | French | |
| Full model | 31/12/2011 | 22/08/2012 | 23/08/2012 | French | |
| Full model | 31/12/2010 | 26/04/2011 | 23/05/2011 | French | |
| Full model | 31/12/2009 | 21/05/2010 | 10/06/2010 | French | |
| Full model | 31/12/2008 | 16/06/2009 | 17/06/2009 | French | |
| Full model | 31/12/2007 | 18/03/2008 | 17/04/2008 | French | |
| Full model | 31/12/2006 | 24/04/2007 | 27/04/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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
Governance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 94 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates04/03/2026DEMISSIONS, NOMINATIONS
- Mandates22/10/2021STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
- Mandates15/10/2021DEMISSIONS, NOMINATIONS
- Mandates26/10/2020DEMISSIONS, NOMINATIONS
- Mandates10/07/2019DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
- Capital / shares21/06/2019CAPITAL, ACTIONS
- Mandates28/09/2018DEMISSIONS, NOMINATIONS
- Mandates28/06/2018DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025128,4 k €↓
- 2024Annual accounts 2024146,3 k €↓
- 2023Annual accounts 2023328,6 k €↑
- 2022Annual accounts 202261,9 k €↓
- 2021Annual accounts 2021155,5 k €↑
- 2020Annual accounts 2020135,1 k €↓
- 2019Annual accounts 2019240,4 k €↑
- 2018Annual accounts 2018213,3 k €↓
- 2017Annual accounts 2017242 k €↑
- 2016Annual accounts 2016215,5 k €↑
- 2015Annual accounts 2015195,7 k €↓
- 2014Annual accounts 2014305 k €↓
- 2013Annual accounts 2013321,2 k €↑
- 2012Annual accounts 2012109,6 k €↑
- 2011Annual accounts 201162,1 k €↑
- 2010Annual accounts 201014,5 k €↑
- 2009Annual accounts 2009-30,9 k €↑
- 2008Annual accounts 2008-32,1 k €↓
- 2007Annual accounts 2007117,1 k €↑
- 2006Annual accounts 2006-26,5 k €
- 03/03/2005IncorporationPublic limited company