AY TERRA: 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.
AY TERRA
Largest movements
- Tangible fixed assets -€8,125
down €8,125 (-50.0%), from €16,250 to €8,125
- Receivables within one year -€8,061
down €8,061 (-64.8%), from €12,433 to €4,371
of which Trade receivables: -€10,561
- Cash -€2,896
down €2,896 (-66.3%), from €4,370 to €1,474
mainly Trade debts (-€10,237) and Net result for the year (-€5,846)
- Trade debts -€10,237
down €10,237 (-91.5%), from €11,183 to €946
- Profit (loss) carried forward -€5,846
down €5,846 (-90.6%), from -€6,452 to -€12,297
- Other debts -€4,725
down €4,725 (-18.4%), from €25,677 to €20,951
- Tax, wage and social debts +€1,726
up €1,726 (+1,196%), from €144 to €1,870
- Gross operating margin +€1,059
up €1,059 (+68.0%), from €1,558 to €2,617
- Financial charges +€232
up €232 (+229%), from €101 to €333
of which Non-recurring financial charges: +€120
- Taxes -€67
down €67 (-93.3%), from €72 to €5
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 | €33,053 | €13,970 | -€19,082 | -57.7% |
| Fixed assets | 21/28 | €16,250 | €8,125 | -€8,125 | -50.0% |
| Tangible fixed assets | 22/27 | €16,250 | €8,125 | -€8,125 | -50.0% |
| Plant, machinery and equipment | 23 | €16,250 | €8,125 | -€8,125 | -50.0% |
| Current assets | 29/58 | €16,803 | €5,845 | -€10,957 | -65.2% |
| Amounts receivable within one year | 40/41 | €12,433 | €4,371 | -€8,061 | -64.8% |
| Trade receivables | 40 | €12,433 | €1,871 | -€10,561 | -84.9% |
| Other amounts receivable | 41 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €4,370 | €1,474 | -€2,896 | -66.3% |
| Total equity and liabilities | 10/49 | €33,053 | €13,970 | -€19,082 | -57.7% |
| Equity | 10/15 | -€3,952 | -€9,797 | -€5,846 | -148% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,452 | -€12,297 | -€5,846 | -90.6% |
| Amounts payable | 17/49 | €37,004 | €23,768 | -€13,237 | -35.8% |
| Amounts payable within one year | 42/48 | €37,004 | €23,768 | -€13,237 | -35.8% |
| Trade debts | 44 | €11,183 | €946 | -€10,237 | -91.5% |
| Suppliers | 440/4 | €11,183 | €946 | -€10,237 | -91.5% |
| Taxes, remuneration and social security | 45 | €144 | €1,870 | +€1,726 | +1,196% |
| Taxes | 450/3 | €144 | €1,870 | +€1,726 | +1,196% |
| Other amounts payable | 47/48 | €25,677 | €20,951 | -€4,725 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,125 | €8,125 | = | 0.0% |
| Gross operating margin | 9900 | €1,558 | €2,617 | +€1,059 | +68.0% |
| Operating profit (loss) | 9901 | -€6,567 | -€5,508 | +€1,059 | +16.1% |
| Financial charges | 65/66B | €101 | €333 | +€232 | +229% |
| Recurring financial charges | 65 | €101 | €213 | +€112 | +111% |
| Non-recurring financial charges | 66B | - | €120 | +€120 | |
| Profit (loss) for the period before taxes | 9903 | -€6,668 | -€5,841 | +€827 | +12.4% |
| Income taxes | 67/77 | €72 | €5 | -€67 | -93.3% |
| Profit (loss) for the period | 9904 | -€6,740 | -€5,846 | +€894 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,740 | -€5,846 | +€894 | +13.3% |
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 19 October 2026 via checked.be.