CONTAINERVERHURING TERGA: 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.
CONTAINERVERHURING TERGA
Largest movements
- Receivables within one year -€142,072
down €142,072 (-29.3%), from €484,944 to €342,872
of which Other amounts receivable: -€109,810
- Tangible fixed assets -€66,474
down €66,474 (-6.2%), from €1.1m to €1.0m
of which Plant, machinery and equipment: -€117,820
- Cash +€21,748
up €21,748 (+64.5%), from €33,711 to €55,459
mainly Depreciation (+€178,474) and Other debts (+€167,375)
- Trade debts -€173,496
down €173,496 (-50.3%), from €345,021 to €171,525
- Other debts +€167,375
up €167,375 (+821%), from €20,392 to €187,768
- Reserves -€78,490
down €78,490 (-7.0%), from €1.1m to €1.0m
of which Tax-exempt reserves: -€78,490
- Current portion of long-term debt -€46,668
no longer reported in 2025 (was €46,668)
- Debts after one year -€27,203
no longer reported in 2025 (was €27,203)
- Gross operating margin +€134,145
up €134,145 (+57.5%), from €233,455 to €367,600
- Other operating charges -€66,315
down €66,315 (-66.2%), from €100,128 to €33,814
- Depreciation +€4,492
up €4,492 (+2.6%), from €173,982 to €178,474
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 | €1,607,144 | €1,414,819 | -€192,325 | -12.0% |
| Fixed assets | 21/28 | €1,073,031 | €1,006,557 | -€66,474 | -6.2% |
| Tangible fixed assets | 22/27 | €1,066,615 | €1,000,141 | -€66,474 | -6.2% |
| Land and buildings | 22 | €423,999 | €370,237 | -€53,762 | -12.7% |
| Plant, machinery and equipment | 23 | €640,524 | €522,704 | -€117,820 | -18.4% |
| Furniture and vehicles | 24 | €2,092 | €91,200 | +€89,108 | +4,260% |
| Assets under construction and advance payments | 27 | - | €16,000 | +€16,000 | |
| Financial fixed assets | 28 | €6,416 | €6,416 | = | 0.0% |
| Current assets | 29/58 | €534,113 | €408,262 | -€125,851 | -23.6% |
| Amounts receivable within one year | 40/41 | €484,944 | €342,872 | -€142,072 | -29.3% |
| Trade receivables | 40 | €374,056 | €341,794 | -€32,262 | -8.6% |
| Other amounts receivable | 41 | €110,889 | €1,079 | -€109,810 | -99.0% |
| Current investments | 50/53 | €9,931 | €9,931 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,711 | €55,459 | +€21,748 | +64.5% |
| Deferred charges and accrued income | 490/1 | €5,527 | - | -€5,527 | |
| Total equity and liabilities | 10/49 | €1,607,144 | €1,414,819 | -€192,325 | -12.0% |
| Equity | 10/15 | €988,746 | €901,168 | -€87,577 | -8.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,118,011 | €1,039,521 | -€78,490 | -7.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €469,011 | €390,521 | -€78,490 | -16.7% |
| Distributable reserves | 133 | €639,000 | €639,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€229,266 | -€238,353 | -€9,087 | -4.0% |
| Provisions and deferred taxes | 16 | €156,337 | €130,174 | -€26,163 | -16.7% |
| Deferred taxes | 168 | €156,337 | €130,174 | -€26,163 | -16.7% |
| Amounts payable | 17/49 | €462,061 | €383,477 | -€78,584 | -17.0% |
| Amounts payable after more than one year | 17 | €27,203 | - | -€27,203 | |
| Financial debts | 170/4 | €27,203 | - | -€27,203 | |
| Amounts payable within one year | 42/48 | €434,858 | €383,477 | -€51,381 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €46,668 | - | -€46,668 | |
| Trade debts | 44 | €345,021 | €171,525 | -€173,496 | -50.3% |
| Suppliers | 440/4 | €345,021 | €171,525 | -€173,496 | -50.3% |
| Taxes, remuneration and social security | 45 | €22,777 | €24,185 | +€1,408 | +6.2% |
| Taxes | 450/3 | €1 | €1,754 | +€1,753 | +124,311% |
| Remuneration and social security | 454/9 | €22,776 | €22,431 | -€345 | -1.5% |
| Other amounts payable | 47/48 | €20,392 | €187,768 | +€167,375 | +821% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €231,971 | €234,532 | +€2,561 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,982 | €178,474 | +€4,492 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,400 | - | -€1,400 | |
| Other operating charges | 640/8 | €100,128 | €33,814 | -€66,315 | -66.2% |
| Non-recurring operating charges | 66A | - | €28,602 | +€28,602 | |
| Gross operating margin | 9900 | €233,455 | €367,600 | +€134,145 | +57.5% |
| Operating profit (loss) | 9901 | -€274,027 | -€107,822 | +€166,205 | +60.7% |
| Financial income | 75/76B | €628 | €78 | -€549 | -87.5% |
| Recurring financial income | 75 | €628 | €78 | -€549 | -87.5% |
| Financial charges | 65/66B | €6,653 | €5,997 | -€656 | -9.9% |
| Recurring financial charges | 65 | €6,653 | €5,997 | -€656 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€280,052 | -€113,741 | +€166,311 | +59.4% |
| Transfer from deferred taxes | 780 | €36,663 | €26,163 | -€10,500 | -28.6% |
| Profit (loss) for the period | 9904 | -€243,389 | -€87,577 | +€155,811 | +64.0% |
| Transfer from tax-exempt reserves | 789 | €109,990 | €78,490 | -€31,500 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€133,398 | -€9,087 | +€124,311 | +93.2% |
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 15 October 2026 via checked.be.