yara tertre sa/nv
ActiveSummary
yara tertre sa/nv has been active since 1926 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127.07M and a net result of €-43.18M. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 267 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-70
Solvency71▼-8
Growth50▲+1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.8 in 2024; short-term debt: 25.4% and cash: 0% of total assets), and 54.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.8%
Return on assets
-15.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
60 d late
2023
23 d early
2022
26 d early
2021
47 d early
2020
37 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€308.48M▲ 5.6%
2024 · €292.02M
2018: €302.92M
2019: €308.86M
2020: €288.22M
2021: €415.79M
2022: €722.17M
2023: €292.77M
2024: €292.02M
2018 → 2025
EBIT margin
-13.5%▼ 15.4pp
2024 · 1.8%
2018: -15.8%
2019: -0.8%
2020: 8.8%
2021: -8.4%
2022: -3.5%
2023: -80.7%
2024: 1.8%
2018 → 2025
Net result
€-43.18M
2024 · €3.81M
2018: €-46.95M
2019: €-1.56M
2020: €23.95M
2021: €-33.21M
2022: €-25.29M
2023: €-230.31M
2024: €3.81M
2018 → 2025
Working capital
€4.94M▼ 89.6%
2024 · €47.48M
2018: €227.59M
2019: €228.49M
2020: €264.30M
2021: €228.11M
2022: €197.56M
2023: €109.64M
2024: €47.48M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€415.79M-€722.17M▲ 73.7%€292.77M▼ 59.5%€292.02M▼ 0.3%€308.48M▲ 5.6%
Equity€422.35M-€397.00M▼ 6.0%€166.47M▼ 58.1%€170.26M▲ 2.3%€127.07M▼ 25.4%
Operating result€-34.76M-€-25.18M▲ 27.5%€-236.21M▼ 838%€5.37M€-41.72M
Net result€-33.21M-€-25.29M▲ 23.9%€-230.31M▼ 811%€3.81M€-43.18M
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €41.72M after €5.37M in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277.73M
Fixed assets
€202.37M ▼ 1.9%
Current assets
€75.36M ▼ 29.3%
Equity and liabilities €277.73M
Equity
€127.07M ▼ 25.4%
Provisions
€74.65M ▼ 4.2%
Debt
€76.00M ▲ 17.7%
Debt's share of the balance-sheet total rises from 20.6% to 27.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5.61M▼
2024 · €43.86M
Cash flow
€-7.07M▼
2024 · €42.29M
Current ratio
1.07▼
2024 · 1.80
Quick ratio
0.53▼
2024 · 1.07
Debt to equity
0.60▲
2024 · 0.38
ROE
-34.0%▼
2024 · 2.2%
ROA
-15.5%▼
2024 · 1.2%
Interest coverage
-22.32▼
2024 · 121575.55
Debt ≤ 1 year
€70.42M▲
2024 · €59.06M
Income taxes
€12k▼
2024 · €3.30M
Staff costs
€33.31M▼
2024 · €34.49M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 88 lines
Balance sheet
Code20242025
Assets
Total assets20/58€312.81M€277.73M▼
Fixed assets21/28€206.27M€202.37M▼
Intangible fixed assets21€42.09M€42.07M▼
Tangible fixed assets22/27€161.15M€157.28M▼
Land and buildings22€1.48M€1.25M▼
Plant, machinery and equipment23€106.32M€119.80M▲
Assets under construction and advance payments27€53.35M€36.23M▼
Financial fixed assets28€3.02M€3.02M=
Companies linked by participating interests282/3€3.00M€3.00M=
Participating interests282€3.00M€3.00M=
Other financial fixed assets284/8€16k€16k=
Shares284€247€247=
Amounts receivable and cash guarantees285/8€16k€16k=
Current assets29/58€106.55M€75.36M▼
Amounts receivable after more than one year29€12k€12k=
Other amounts receivable291€12k€12k=
Stocks and contracts in progress3€43.19M€37.75M▼
Stocks30/36€43.19M€37.75M▼
Raw materials and consumables30/31€21.93M€22.61M▲
Finished goods33€11.96M€5.69M▼
Goods purchased for resale34€9.30M€9.44M▲
Amounts receivable within one year40/41€62.67M€36.96M▼
Trade receivables40€23.30M€25.37M▲
Other amounts receivable41€39.38M€11.59M▼
Cash at bank and in hand54/58€1k€1k=
Deferred charges and accrued income490/1€669k€631k▼
Equity and liabilities
Total equity and liabilities10/49€312.81M€277.73M▼
Equity10/15€170.26M€127.07M▼
Contributions10/11€387.48M€387.48M=
Capital10€374.55M€374.55M=
Issued capital100€374.55M€374.55M=
Outside capital11€12.93M€12.93M=
Share premium1100/10€12.93M€12.93M=
Reserves13€11.14M€11.14M=
Non-distributable reserves130/1€11.14M€11.14M=
Legal reserve130€11.14M€11.14M=
Profit (loss) carried forward14€-228.51M€-271.70M▼
Investment grants15€157k€149k▼
Provisions and deferred taxes16€77.96M€74.65M▼
Provisions for liabilities and charges160/5€77.91M€74.60M▼
Pensions and similar obligations160€1.07M€1.31M▲
Major repairs and maintenance162€50k€50k=
Other liabilities and charges164/5€76.79M€73.25M▼
Deferred taxes168€52k€50k▼
Amounts payable17/49€64.58M€76.00M▲
Amounts payable within one year42/48€59.06M€70.42M▲
Trade debts44€49.71M€31.82M▼
Suppliers440/4€49.71M€31.82M▼
Advances received on contracts in progress46€3.67M€3.97M▲
Taxes, remuneration and social security45€5.36M€9.44M▲
Taxes450/3€1.22M€4.09M▲
Remuneration and social security454/9€4.14M€5.35M▲
Other amounts payable47/48€319k€25.19M▲
Accrued charges and deferred income492/3€5.52M€5.58M▲
Income statement
Code20242025
Operating income70/76A€448.87M€305.69M▼
Turnover70€292.02M€308.48M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-24.07M€-24.46M▼
Own construction capitalised72€12.16M€10.85M▼
Other operating income74€12.38M€7.57M▼
Non-recurring operating income76A€156.38M€3.25M▼
Operating charges60/66A€443.50M€347.41M▼
Goods for resale, raw materials and consumables60€202.00M€207.85M▲
Purchases600/8€227.54M€226.97M▼
Change in stocks: decrease (increase)609€-25.54M€-19.12M▲
Services and other goods61€63.91M€60.29M▼
Remuneration, social security and pensions62€34.49M€33.31M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38.49M€36.11M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4.39M€141k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€5.38M€-1.67M▼
Other operating charges640/8€3.84M€3.24M▼
Non-recurring operating charges66A€91.01M€8.14M▼
Operating profit (loss)9901€5.37M€-41.72M▼
Financial income75/76B€2.85M€1.22M▼
Recurring financial income75€2.85M€1.22M▼
Income from current assets751€2.09M€570k▼
Other financial income752/9€762k€645k▼
Financial charges65/66B€1.12M€2.67M▲
Recurring financial charges65€1.12M€2.67M▲
Debt charges650€361€251k▲
Other financial charges652/9€1.12M€2.42M▲
Profit (loss) for the period before taxes9903€7.10M€-43.17M▼
Income taxes67/77€3.30M€12k▼
Taxes670/3€3.30M€12k▼
Profit (loss) for the period9904€3.81M€-43.18M▼
Profit (loss) for the period to be appropriated9905€3.81M€-43.18M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-228.51M€-271.70M▼
Profit (loss) brought forward from the previous period14P€-232.32M€-228.51M▲
Social balance
Average headcount (FTE)9087310.7288.8▼
The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
31-12
Financial
Back to profitnet €3.81M
Net result €3.81M after 3 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-230.31M
Net result drops to €-230.31M, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €23.95M
Net result €23.95M after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
37 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Saint-Ghislain · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Carbo(T) 107333 Saint-GhislainGround area
17.5 ha
Building footprint
692 m²
Volume, LiDAR
10,829 m³
Parcel 53075E0352/00Y002, Wallonia · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
YARA TERTRE
since 19872.102.017.021
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53075E0352/00Y002 | Wallonia | 17.5 ha | 1 · 692 m² | 19.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
YARA INTERNATIONAL ASA
Oslo, Norway
controls
yara tertre sa/nvBE 0403.045.490
Recognitions · licences · registrations
Food safety, FASFC
1 siteSaint-Ghislain2.102.017.021
Legal Entity Identifier
984500451A5859069726
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DE CEUSTER MESTSTOFFEN
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Of 76 companies in sector 20150 we hold annual accounts for 63. 11 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-12-1926
Fiscal year end31-12
Activities, NACEBEL 2025
20150Manufacture of chemicals and chemical products
Sources
Crossroads Bank for EnterprisesNational Bank · 65 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.