Groupe Terre asbl
ActiveGroupe Terre asbl has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.16M and a net result of €24k. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 67% of 924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-2
Solvency90▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.1 in 2024; short-term debt: 33.3% and cash: 0.8% of total assets), and 34.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
65.3%
Return on assets
0.4%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
28 d late
2023
14 d early
2022
14 d early
2021
26 d early
2020
22 d early
2019
39 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▼ 79.2%
2024 · €115k
2018: €-269k
2019: €56k
2020: €26k
2021: €81k
2022: €-22k
2023: €-513k
2024: €115k
2018 → 2025
Working capital
€130k▼ 30.2%
2024 · €186k
2018: €750k
2019: €689k
2020: €660k
2021: €704k
2022: €468k
2023: €41k
2024: €186k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.12M-€4.74M▼ 7.4%€4.03M▼ 14.9%€4.14M▲ 2.8%€4.16M▲ 0.5%
Operating result€19k-€-85k€-260k▼ 206%€129k€50k▼ 61.5%
Net result€81k-€-22k€-513k▼ 2,282%€115k€24k▼ 79.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.38M
Fixed assets
€4.12M▼ 1.9%
Current assets
€2.25M▲ 15.0%
Equity and liabilities €6.38M
Equity
€4.16M▲ 0.5%
Debt
€2.21M▲ 9.6%
The debt ratio rises from 32.7% to 34.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€151k▼
2024 · €243k
Cash flow
€126k▼
2024 · €229k
Solvency
65.3%▼
2024 · 67.3%
Current ratio
1.06▼
2024 · 1.10
Quick ratio
0.99▲
2024 · 0.97
Debt / equity
0.53▲
2024 · 0.49
ROE
0.6%▼
2024 · 2.8%
ROA
0.4%▼
2024 · 1.9%
Interest coverage
7.23▼
2024 · 15.70
Debt
€2.21M▲
2024 · €2.02M
Debt ≤ 1 year
€2.12M▲
2024 · €1.77M
Debt > 1 year
€84k▼
2024 · €242k
Income taxes
€9k
Staff costs
€2.51M▼
2024 · €2.52M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.16M€6.38M▲
Fixed assets21/28€4.20M€4.12M▼
Intangible fixed assets21€165k€138k▼
Tangible fixed assets22/27€503k€447k▼
Land and buildings22€289k€289k=
Plant, machinery and equipment23€70k€57k▼
Furniture and vehicles24€34k€21k▼
Leasing and similar rights25€88k€62k▼
Other tangible fixed assets26€16k€12k▼
Assets under construction and advance payments27€7k€7k=
Financial fixed assets28€3.53M€3.54M▲
Current assets29/58€1.96M€2.25M▲
Amounts receivable after more than one year29€28k€150k▲
Trade receivables290€28k€150k▲
Stocks and contracts in progress3€239k€143k▼
Stocks30/36€239k€143k▼
Amounts receivable within one year40/41€1.48M€1.88M▲
Trade receivables40€1.29M€1.50M▲
Other amounts receivable41€192k€384k▲
Current investments50/53€5k€5k▲
Cash at bank and in hand54/58€158k€48k▼
Deferred charges and accrued income490/1€48k€23k▼
Equity and liabilities
Total equity and liabilities10/49€6.16M€6.38M▲
Equity10/15€4.14M€4.16M▲
Contributions10/11€2.44M€2.44M=
Capital10€2.44M€2.44M=
Revaluation surpluses12€1.81M€1.81M=
Profit (loss) carried forward14€-112k€-88k▲
Investment grants15€12k€9k▼
Amounts payable17/49€2.02M€2.21M▲
Amounts payable after more than one year17€242k€84k▼
Financial debts170/4€242k€84k▼
Amounts payable within one year42/48€1.77M€2.12M▲
Current portion of amounts payable after more than one year42€190k€161k▼
Financial debts43€148k€175k▲
Credit institutions430/8€148k€175k▲
Trade debts44€512k€396k▼
Suppliers440/4€512k€396k▼
Advances received on contracts in progress46€38k€84k▲
Taxes, remuneration and social security45€569k€699k▲
Taxes450/3€140k€188k▲
Remuneration and social security454/9€429k€511k▲
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€2.52M€2.51M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114k€102k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k-
Other operating charges640/8€393k€178k▼
Gross operating margin9900€3.16M€2.84M▼
Operating profit (loss)9901€129k€50k▼
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€15k€21k▲
Recurring financial charges65€15k€21k▲
Profit (loss) for the period before taxes9903€115k€33k▼
Income taxes67/77-€9k
Profit (loss) for the period9904€115k€24k▼
Profit (loss) for the period to be appropriated9905€115k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-112k€-88k▲
Profit (loss) brought forward from the previous period14P€-227k€-112k▲
Social balance
Average headcount (FTE)908741.341.8▲
The notes to these accounts (19 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
07-09
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Director appointment29 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Director appointment29 facts ▸
- General meeting, 2026-06-26
- Director resignation, Isabelle Boulanger (administratrice)
- Director resignation, Gianni De Re (administrateur)
- Director resignation, Françoise Demol (administratrice)
- Director resignation, Vincent Oury (administrateur)
- Director appointment, Lola Arpigny (administratrice déléguée)
- Director appointment, Jonas Dembour (administrateur)
- Director appointment, Virginie Detienne (administratrice)
- Director appointment, Charles-Antoine Kervyn (administrateur)
- Director appointment, Jessica Lentini (administratrice)
- Director reappointment, François Malaise (administrateur délégué)
- Director reappointment, François Malaise (président)
- +17 further facts in this act
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Back to profitnet €115k
Net result €115k after 2 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-513k
Net result drops to €-513k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial
Back to profitnet €56k
Net result €56k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26112721). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Charles-Antoine Kervyn
CurrentDirector · since 26-06-2026
Flore Vanden Eynden
CurrentDirector · since 26-06-2026
François Malaise
CurrentChair · since 26-06-2026
Grégory Bastien
CurrentMembre du comité de direction · since 26-06-2026
Jeanne Spirlet
CurrentMembre du comité de direction · since 26-06-2026
Jessica Lentini
CurrentDirector · since 26-06-2026
+ 12 not shown in this overview
26-06-2026
Charles-Antoine Kervyn: Appointed as Director
26-06-2026
Flore Vanden Eynden: Mandate renewed as Director
26-06-2026
François Malaise: Mandate renewed as Chair
26-06-2026
François Malaise: Mandate renewed as Membre du comité de direction
26-06-2026
François Malaise: Mandate renewed as Managing director
26-06-2026
Grégory Bastien: Appointed as Membre du comité de direction
26-06-2026
Jeanne Spirlet: Appointed as Membre du comité de direction
26-06-2026
Jessica Lentini: Appointed as Director
26-06-2026
Jonas Dembour: Appointed as Director
26-06-2026
Jérôme Vanmeerbeek: Mandate renewed as Director
26-06-2026
Lola Arpigny: Appointed as Administratrice déléguée
26-06-2026
Lola Arpigny: Mandate renewed as Membre du comité de direction
26-06-2026
Nathalie Bertrand: Mandate renewed as Director
26-06-2026
Nathalie Bertrand: Resigned as Membre du comité de direction
26-06-2026
Nathan Römer: Appointed as Membre du comité de direction
26-06-2026
Nicolas Smets: Mandate renewed as Director
26-06-2026
Richard Talom Fotso: Mandate renewed as Membre du comité de direction
26-06-2026
Samuel Heurion: Appointed as Membre du comité de direction
26-06-2026
Simon Lepage: Mandate renewed as Director
26-06-2026
Vincent Oury: Mandate renewed as Membre du comité de direction
26-06-2026
Vincent Oury: Resigned as Director
26-06-2026
Virginie Detienne: Appointed as Director
26-06-2026
Yves HODEIGE: Mandate renewed as Director
26-06-2026
BOULANGER Isabelle: Resigned as Director
+ 10 not shown in this overview
Location & real-estate footprint
Registered office, Herstal · 3 establishment units since 2013
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 Milmort 6904040 HerstalGround area
6,536 m²
Building footprint
1,200 m²
Volume, LiDAR
2,244 m³
3 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Groupe Terre asbl
since 20132.214.623.430
Groupe Terre
since 20162.257.624.421
Légumerie
since 20232.344.762.885
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312A0044/00R000 | Wallonia | 5,507 m² | 1 · 341 m² | 8.2 m · 2 fl. |
| 92120F0021/00D007 | Wallonia | 797 m² | 1 · 808 m² | - |
| 52014A0199/00M013 | Wallonia | 232 m² | 1 · 51 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyLinked via shared directors
viaVincent Oury · Director
former→
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 726 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded03-04-2012
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.