TERRACORRECT (Private limited company)
TERRACORRECT is a Belgian company registered with the Crossroads Bank for Enterprises under enterprise number 0567.547.790. It was founded on 03-11-2014. Its registered office is in Wevelgem. Its main activity is: Waste collection, recovery and disposal activities. Its annual accounts for 2025 report equity of € 533 811 and a profit of € 114 712. These accounts report 2.8 full-time equivalents. Addrly gives it a financial health grade of D, on a scale from A (safest) to E (most at risk). It filed its annual accounts within the legal deadline for each of its last 4 financial years.
Information last updated on 09-10-2026.
Company information
Key figures of TERRACORRECT
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
Profit / lossiWhat the period earned after taxes. A negative amount is a loss. | € 114 712+478 % | € 19 860-84 % | € 124 183+45 % | € 85 621 |
EquityiWhat belongs to the shareholders: capital contributed, reserves and profits kept in the company. | € 533 811+27 % | € 419 099+5 % | € 399 239+45 % | € 275 056 |
Total assetsiEverything the company owns. Equal to total equity and liabilities, which says how it is financed. | € 1 958 748-20 % | € 2 437 701+92 % | € 1 272 840+48 % | € 857 140 |
Gross marginiSales and other operating income, minus purchases of goods and services. What is left to pay the staff and everything else. | € 718 955+114 % | € 336 728+13 % | € 298 744-14 % | € 347 231 |
Employees (FTE)iAverage number of workers over the period, in full-time equivalents. | 2.8+27 % | 2.2 | - | - |
Financial estimate
Similar companies
Other companies in the same activity in Wevelgem.
| Company | Town |
|---|---|
| AUTOHANDEL VANWYNSBERGHE | 8560 Wevelgem |
| VYMETAL | 8560 Wevelgem |
| GILGEMYN | 8560 Wevelgem |
| VYRECUP | 8560 Wevelgem |
| DELORGE RECYCLING | 8560 Wevelgem |
| NovoFibre | 8560 Wevelgem |
| TUFFREAU SOIL SOLUTIONS | 8560 Wevelgem |
| GILGEMYN RECYCLING-INVEST-LOGISTICS-PROJECTS | 8560 Wevelgem |
Frequently asked questions
Is TERRACORRECT still active? Yes. The Crossroads Bank for Enterprises lists TERRACORRECT as active.
What is the VAT number of TERRACORRECT? The VAT number of TERRACORRECT is BE 0567.547.790.
When was TERRACORRECT founded? TERRACORRECT was founded on 03-11-2014.
What is the address of TERRACORRECT? The current registered office of TERRACORRECT is Vliegveld 31, 8560 Wevelgem.
When did TERRACORRECT last file annual accounts? The latest annual accounts of TERRACORRECT were filed on 21-10-2025.
Does TERRACORRECT file its annual accounts on time? Yes. TERRACORRECT filed its annual accounts within the legal deadline for each of its last 4 financial years.
How many employees does TERRACORRECT have? TERRACORRECT employs 2.8 full-time equivalents according to its most recent annual accounts.
Is TERRACORRECT financially healthy? Addrly gives TERRACORRECT a financial health grade of D, on a scale from A (safest) to E (most at risk). The failure probability and the indicators behind it are visible with a free account.
Is TERRACORRECT profitable? The annual accounts of TERRACORRECT for 2025 show a profit of € 114 712.
What is the equity of TERRACORRECT? The equity of TERRACORRECT was € 533 811 at the close of the 2025 financial year.
Who are the directors of TERRACORRECT? The annual accounts of TERRACORRECT record 1 mandate. The name, role and dates are visible with a free account.
Can TERRACORRECT receive Peppol e-invoices? Yes. TERRACORRECT is registered on the Peppol network and can receive structured electronic invoices.
What does TERRACORRECT do? The main activity of TERRACORRECT is: Waste collection, recovery and disposal activities.