CLEMENT PASCAL-TERRAGRI: 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.
CLEMENT PASCAL-TERRAGRI
Largest movements
- Tangible fixed assets +€22,921
up €22,921 (+18.1%), from €126,450 to €149,371
of which Furniture and vehicles: +€32,137
- Receivables within one year -€11,504
down €11,504 (-18.0%), from €63,842 to €52,337
of which Trade receivables: -€12,205
- Deferred charges and accrued income -€4,738
down €4,738 (-43.9%), from €10,788 to €6,050
- Cash +€3,668
up €3,668 (+38.7%), from €9,466 to €13,134
mainly Depreciation (+€38,528) and Net result for the year (+€25,479)
- Debts after one year +€18,957
up €18,957 (+24.7%), from €76,902 to €95,859
- Profit (loss) carried forward +€18,511
no longer reported in 2025 (was -€18,511)
- Trade debts -€17,404
down €17,404 (-48.3%), from €36,031 to €18,627
- Current portion of long-term debt -€14,640
down €14,640 (-28.2%), from €51,878 to €37,238
- Reserves +€6,968
new in 2025: €6,968
- Depreciation -€13,676
down €13,676 (-26.2%), from €52,204 to €38,528
- Gross operating margin +€9,181
up €9,181 (+3.5%), from €259,537 to €268,718
- Financial charges +€2,935
up €2,935 (+50.4%), from €5,827 to €8,763
of which Financial charges: +€3,187
- Other operating charges +€2,858
new in 2025: €2,858
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.
Cash bridge derived
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 | €210,681 | €221,027 | +€10,346 | +4.9% |
| Fixed assets | 21/28 | €126,585 | €149,506 | +€22,921 | +18.1% |
| Tangible fixed assets | 22/27 | €126,450 | €149,371 | +€22,921 | +18.1% |
| Land and buildings | 22 | €60,000 | €74,007 | +€14,007 | +23.3% |
| Plant, machinery and equipment | 23 | €3,099 | €4,375 | +€1,277 | +41.2% |
| Furniture and vehicles | 24 | €13,076 | €45,213 | +€32,137 | +245.8% |
| Leasing and similar rights | 25 | €50,275 | €25,775 | -€24,500 | -48.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €84,096 | €71,521 | -€12,575 | -15.0% |
| Amounts receivable within one year | 40/41 | €63,842 | €52,337 | -€11,504 | -18.0% |
| Trade receivables | 40 | €60,459 | €48,254 | -€12,205 | -20.2% |
| Other amounts receivable | 41 | €3,383 | €4,083 | +€700 | +20.7% |
| Cash at bank and in hand | 54/58 | €9,466 | €13,134 | +€3,668 | +38.7% |
| Deferred charges and accrued income | 490/1 | €10,788 | €6,050 | -€4,738 | -43.9% |
| Total equity and liabilities | 10/49 | €210,681 | €221,027 | +€10,346 | +4.9% |
| Equity | 10/15 | €25,489 | €50,968 | +€25,479 | +100.0% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Reserves | 13 | - | €6,968 | +€6,968 | |
| Distributable reserves | 133 | - | €6,968 | +€6,968 | |
| Profit (loss) carried forward | 14 | -€18,511 | - | +€18,511 | |
| Amounts payable | 17/49 | €185,192 | €170,059 | -€15,133 | -8.2% |
| Amounts payable after more than one year | 17 | €76,902 | €95,859 | +€18,957 | +24.7% |
| Financial debts | 170/4 | €76,902 | €95,859 | +€18,957 | +24.7% |
| Amounts payable within one year | 42/48 | €108,290 | €74,013 | -€34,277 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €51,878 | €37,238 | -€14,640 | -28.2% |
| Trade debts | 44 | €36,031 | €18,627 | -€17,404 | -48.3% |
| Suppliers | 440/4 | €36,031 | €18,627 | -€17,404 | -48.3% |
| Taxes, remuneration and social security | 45 | €20,381 | €17,994 | -€2,387 | -11.7% |
| Taxes | 450/3 | €2,324 | €2,365 | +€41 | +1.8% |
| Remuneration and social security | 454/9 | €18,057 | €15,629 | -€2,428 | -13.4% |
| Other amounts payable | 47/48 | - | €154 | +€154 | |
| Accrued charges and deferred income | 492/3 | - | €186 | +€186 | |
| Non-recurring operating income | 76A | €2,402 | - | -€2,402 | |
| Remuneration, social security and pensions | 62 | €192,470 | €192,620 | +€151 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,204 | €38,528 | -€13,676 | -26.2% |
| Other operating charges | 640/8 | - | €2,858 | +€2,858 | |
| Non-recurring operating charges | 66A | €840 | - | -€840 | |
| Gross operating margin | 9900 | €259,537 | €268,718 | +€9,181 | +3.5% |
| Operating profit (loss) | 9901 | €14,023 | €34,711 | +€20,688 | +147.5% |
| Financial income | 75/76B | €636 | €335 | -€301 | -47.4% |
| Recurring financial income | 75 | €636 | €335 | -€301 | -47.4% |
| Financial charges | 65/66B | €5,827 | €8,763 | +€2,935 | +50.4% |
| Recurring financial charges | 65 | €5,424 | €8,611 | +€3,187 | +58.8% |
| Non-recurring financial charges | 66B | €403 | €151 | -€252 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €8,831 | €26,283 | +€17,452 | +197.6% |
| Income taxes | 67/77 | €90 | €804 | +€713 | +789.8% |
| Profit (loss) for the period | 9904 | €8,741 | €25,479 | +€16,738 | +191.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,741 | €25,479 | +€16,738 | +191.5% |
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 11 October 2026 via checked.be.