692 TERRASSEMENT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
692 TERRASSEMENT
Largest movements
- Receivables within one year -€23,989
down €23,989 (-49.3%), from €48,660 to €24,671
of which Trade receivables: -€28,102
- Receivables after one year +€5,226
new in 2024: €5,226
- Tangible fixed assets -€2,716
down €2,716 (-6.0%), from €44,918 to €42,203
of which Furniture and vehicles: -€16,751
- Advances received -€22,055
no longer reported in 2024 (was €22,055)
- Tax, wage and social debts -€14,347
down €14,347 (-71.4%), from €20,087 to €5,740
of which Taxes: -€15,258
- Profit (loss) carried forward +€13,728
up €13,728 (+55.4%), from €24,787 to €38,515
- Accrued charges and deferred income +€1,000
new in 2024: €1,000
- Staff costs +€52,475
up €52,475 (+5,145%), from €1,020 to €53,495
- Gross operating margin +€46,956
up €46,956 (+100%), from €46,801 to €93,757
- Depreciation +€9,785
up €9,785 (+89.6%), from €10,920 to €20,705
- Taxes -€2,458
down €2,458 (-33.7%), from €7,287 to €4,829
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,007 | €72,421 | -€21,586 | -23.0% |
| Fixed assets | 21/28 | €44,918 | €42,203 | -€2,716 | -6.0% |
| Tangible fixed assets | 22/27 | €44,918 | €42,203 | -€2,716 | -6.0% |
| Plant, machinery and equipment | 23 | - | €14,035 | +€14,035 | |
| Furniture and vehicles | 24 | €44,918 | €28,168 | -€16,751 | -37.3% |
| Current assets | 29/58 | €49,089 | €30,218 | -€18,870 | -38.4% |
| Amounts receivable after more than one year | 29 | - | €5,226 | +€5,226 | |
| Other amounts receivable | 291 | - | €5,226 | +€5,226 | |
| Amounts receivable within one year | 40/41 | €48,660 | €24,671 | -€23,989 | -49.3% |
| Trade receivables | 40 | €48,660 | €20,558 | -€28,102 | -57.8% |
| Other amounts receivable | 41 | - | €4,113 | +€4,113 | |
| Cash at bank and in hand | 54/58 | €429 | €321 | -€107 | -25.0% |
| Total equity and liabilities | 10/49 | €94,007 | €72,421 | -€21,586 | -23.0% |
| Equity | 10/15 | €27,787 | €41,515 | +€13,728 | +49.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,787 | €38,515 | +€13,728 | +55.4% |
| Amounts payable | 17/49 | €66,220 | €30,906 | -€35,314 | -53.3% |
| Amounts payable within one year | 42/48 | €66,220 | €29,906 | -€36,314 | -54.8% |
| Trade debts | 44 | €22,078 | €22,166 | +€88 | +0.4% |
| Suppliers | 440/4 | €22,078 | €22,166 | +€88 | +0.4% |
| Advances received on contracts in progress | 46 | €22,055 | - | -€22,055 | |
| Taxes, remuneration and social security | 45 | €20,087 | €5,740 | -€14,347 | -71.4% |
| Taxes | 450/3 | €20,087 | €4,829 | -€15,258 | -76.0% |
| Remuneration and social security | 454/9 | - | €911 | +€911 | |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €1,020 | €53,495 | +€52,475 | +5,145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,920 | €20,705 | +€9,785 | +89.6% |
| Other operating charges | 640/8 | €215 | €284 | +€69 | +32.0% |
| Non-recurring operating charges | 66A | €2,243 | - | -€2,243 | |
| Gross operating margin | 9900 | €46,801 | €93,757 | +€46,956 | +100% |
| Operating profit (loss) | 9901 | €32,403 | €19,273 | -€13,130 | -40.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €329 | €716 | +€387 | +117% |
| Recurring financial charges | 65 | €329 | €716 | +€387 | +117% |
| Profit (loss) for the period before taxes | 9903 | €32,074 | €18,557 | -€13,517 | -42.1% |
| Income taxes | 67/77 | €7,287 | €4,829 | -€2,458 | -33.7% |
| Profit (loss) for the period | 9904 | €24,787 | €13,728 | -€11,059 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,787 | €13,728 | -€11,059 | -44.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.