AETERRA LAND: 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.
AETERRA LAND
Largest movements
- Stocks and contracts +€2.9m
up €2.9m (+95.8%), from €3.0m to €5.9m
- Cash -€431,348
down €431,348 (-73.6%), from €585,971 to €154,623
mainly Stocks and contracts (-€2.9m) and Net result for the year (-€62,759)
- Receivables after one year -€152,926
down €152,926 (-58.1%), from €263,041 to €110,115
- Debts after one year +€1.9m
up €1.9m (+65.7%), from €3.0m to €4.9m
of which Financial debts: +€1.9m
- Current portion of long-term debt +€425,616
up €425,616 (+2,009%), from €21,184 to €446,800
- Profit (loss) carried forward -€62,759
down €62,759 (-7.0%), from €897,979 to €835,220
- Gross operating margin -€78,661
down €78,661 (-40.8%), from €192,952 to €114,291
- Financial charges -€48,374
down €48,374 (-19.5%), from €247,745 to €199,372
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,913,967 | €6,243,523 | +€2.3m | +59.5% |
| Fixed assets | 21/28 | €250 | €9,742 | +€9,492 | +3,797% |
| Financial fixed assets | 28 | €250 | €9,742 | +€9,492 | +3,797% |
| Current assets | 29/58 | €3,913,717 | €6,233,781 | +€2.3m | +59.3% |
| Amounts receivable after more than one year | 29 | €263,041 | €110,115 | -€152,926 | -58.1% |
| Other amounts receivable | 291 | €263,041 | €110,115 | -€152,926 | -58.1% |
| Stocks and contracts in progress | 3 | €3,019,124 | €5,910,086 | +€2.9m | +95.8% |
| Stocks | 30/36 | €3,019,124 | €5,910,086 | +€2.9m | +95.8% |
| Amounts receivable within one year | 40/41 | €8,005 | €6,389 | -€1,615 | -20.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €8,005 | €6,389 | -€1,615 | -20.2% |
| Cash at bank and in hand | 54/58 | €585,971 | €154,623 | -€431,348 | -73.6% |
| Deferred charges and accrued income | 490/1 | €37,576 | €52,568 | +€14,992 | +39.9% |
| Total equity and liabilities | 10/49 | €3,913,967 | €6,243,523 | +€2.3m | +59.5% |
| Equity | 10/15 | €922,979 | €860,220 | -€62,759 | -6.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €897,979 | €835,220 | -€62,759 | -7.0% |
| Amounts payable | 17/49 | €2,990,988 | €5,383,303 | +€2.4m | +80.0% |
| Amounts payable after more than one year | 17 | €2,956,453 | €4,899,653 | +€1.9m | +65.7% |
| Financial debts | 170/4 | €2,942,934 | €4,886,134 | +€1.9m | +66.0% |
| Other amounts payable | 178/9 | €13,519 | €13,519 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,502 | €469,444 | +€442,943 | +1,671% |
| Current portion of amounts payable after more than one year | 42 | €21,184 | €446,800 | +€425,616 | +2,009% |
| Trade debts | 44 | €5,318 | €21,563 | +€16,245 | +305% |
| Suppliers | 440/4 | €5,318 | €21,563 | +€16,245 | +305% |
| Taxes, remuneration and social security | 45 | €0 | €1,082 | +€1,082 | |
| Taxes | 450/3 | €0 | €1,082 | +€1,082 | |
| Accrued charges and deferred income | 492/3 | €8,033 | €14,206 | +€6,173 | +76.8% |
| Other operating charges | 640/8 | €10,223 | €10,980 | +€757 | +7.4% |
| Gross operating margin | 9900 | €192,952 | €114,291 | -€78,661 | -40.8% |
| Operating profit (loss) | 9901 | €182,729 | €103,311 | -€79,418 | -43.5% |
| Financial income | 75/76B | €34,813 | €33,318 | -€1,495 | -4.3% |
| Recurring financial income | 75 | €34,813 | €33,318 | -€1,495 | -4.3% |
| Financial charges | 65/66B | €247,745 | €199,372 | -€48,374 | -19.5% |
| Recurring financial charges | 65 | €247,745 | €199,372 | -€48,374 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | -€30,203 | -€62,743 | -€32,540 | -108% |
| Income taxes | 67/77 | €619 | €16 | -€603 | -97.4% |
| Profit (loss) for the period | 9904 | -€30,823 | -€62,759 | -€31,937 | -104% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,823 | -€62,759 | -€31,937 | -104% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.