Domein Ternesse: 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.
What changed
Domein Ternesse
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€9,593
2024 · €26,804-€36,398
Equity
€1.5m
2024 · €1.5m-€9,593
Cash
€69,890
2024 · €85,594-€15,703
Balance sheet total
€1.7m
2024 · €1.7m-€32,025
Largest movements
Assets
- Receivables after one year -€98,305
down €98,305 (-32.8%), from €299,710 to €201,406
of which Other amounts receivable: -€56,074
- Tangible fixed assets +€84,806
up €84,806 (+14.0%), from €605,975 to €690,781
of which Land and buildings: +€99,056
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin -€37,967
down €37,967 (-18.6%), from €203,775 to €165,808
- Taxes -€20,142
down €20,142 (-96.9%), from €20,786 to €644
- Other operating charges +€7,614
up €7,614 (+33.4%), from €22,817 to €30,431
- Financial income -€4,351
down €4,351 (-29.9%), from €14,538 to €10,187
- Staff costs +€3,667
up €3,667 (+4.8%), from €75,853 to €79,520
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.
Result 2024
€26,804
Gross operating margin
-€37,967
Staff costs
-€3,667
Depreciation
-€1,789
Other operating charges
-€7,614
Financial income
-€4,351
Financial charges
+€397
Taxes
+€20,142
Deferred taxes and other
-€1,549
Result 2025
-€9,593
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€150,042
Investment
-€155,479
Financing
-€10,265
Cash 2024
€85,594
From operations (derived)
+€150,042
Net result for the year
-€9,593
Depreciation
+€70,673
Receivables after one year
+€98,305
Receivables within one year
+€4,930
Deferred charges and accrued income
-€2,106
Provisions
-€2,308
Trade debts
-€16,519
Tax, wage and social debts
+€8,529
Accrued charges and deferred income
-€1,868
Investment (derived)
-€155,479
Investment in fixed assets (net)
-€155,479
Financing
-€10,265
Debts after one year
-€7,475
Current portion of long-term debt
-€2,791
Cash 2025
€69,890
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,682,252 | €1,650,226 | -€32,025 | -1.9% |
| Fixed assets | 21/28 | €1,213,995 | €1,298,802 | +€84,806 | +7.0% |
| Tangible fixed assets | 22/27 | €605,975 | €690,781 | +€84,806 | +14.0% |
| Land and buildings | 22 | €426,610 | €525,666 | +€99,056 | +23.2% |
| Plant, machinery and equipment | 23 | €3,097 | €2,969 | -€128 | -4.1% |
| Furniture and vehicles | 24 | €19,673 | €13,696 | -€5,977 | -30.4% |
| Other tangible fixed assets | 26 | €156,595 | €148,450 | -€8,145 | -5.2% |
| Financial fixed assets | 28 | €608,021 | €608,021 | = | 0.0% |
| Current assets | 29/58 | €468,256 | €351,425 | -€116,832 | -25.0% |
| Amounts receivable after more than one year | 29 | €299,710 | €201,406 | -€98,305 | -32.8% |
| Trade receivables | 290 | €243,636 | €201,406 | -€42,231 | -17.3% |
| Other amounts receivable | 291 | €56,074 | €0 | -€56,074 | -100% |
| Amounts receivable within one year | 40/41 | €73,293 | €68,363 | -€4,930 | -6.7% |
| Trade receivables | 40 | €8,695 | €5,421 | -€3,275 | -37.7% |
| Other amounts receivable | 41 | €64,598 | €62,942 | -€1,655 | -2.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €85,594 | €69,890 | -€15,703 | -18.3% |
| Deferred charges and accrued income | 490/1 | €9,660 | €11,766 | +€2,106 | +21.8% |
| Total equity and liabilities | 10/49 | €1,682,252 | €1,650,226 | -€32,025 | -1.9% |
| Equity | 10/15 | €1,488,501 | €1,478,907 | -€9,593 | -0.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,031,078 | €1,024,155 | -€6,923 | -0.7% |
| Non-distributable reserves | 130/1 | €169,856 | €169,856 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €163,656 | €163,656 | = | 0.0% |
| Tax-exempt reserves | 132 | €109,492 | €102,570 | -€6,923 | -6.3% |
| Distributable reserves | 133 | €751,729 | €751,729 | = | 0.0% |
| Profit (loss) carried forward | 14 | €395,423 | €392,752 | -€2,671 | -0.7% |
| Provisions and deferred taxes | 16 | €4,099 | €1,791 | -€2,308 | -56.3% |
| Deferred taxes | 168 | €4,099 | €1,791 | -€2,308 | -56.3% |
| Amounts payable | 17/49 | €189,653 | €169,528 | -€20,124 | -10.6% |
| Amounts payable after more than one year | 17 | €61,567 | €54,093 | -€7,475 | -12.1% |
| Financial debts | 170/4 | €61,567 | €54,093 | -€7,475 | -12.1% |
| Amounts payable within one year | 42/48 | €125,838 | €115,056 | -€10,781 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €64,358 | €61,568 | -€2,791 | -4.3% |
| Trade debts | 44 | €37,476 | €20,957 | -€16,519 | -44.1% |
| Suppliers | 440/4 | €37,476 | €20,957 | -€16,519 | -44.1% |
| Taxes, remuneration and social security | 45 | €24,003 | €32,532 | +€8,529 | +35.5% |
| Taxes | 450/3 | €12,440 | €19,633 | +€7,193 | +57.8% |
| Remuneration and social security | 454/9 | €11,563 | €12,898 | +€1,336 | +11.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,248 | €379 | -€1,868 | -83.1% |
| Non-recurring operating income | 76A | €9,450 | €0 | -€9,450 | -100% |
| Remuneration, social security and pensions | 62 | €75,853 | €79,520 | +€3,667 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,884 | €70,673 | +€1,789 | +2.6% |
| Other operating charges | 640/8 | €22,817 | €30,431 | +€7,614 | +33.4% |
| Gross operating margin | 9900 | €203,775 | €165,808 | -€37,967 | -18.6% |
| Operating profit (loss) | 9901 | €36,220 | -€14,817 | -€51,037 | |
| Financial income | 75/76B | €14,538 | €10,187 | -€4,351 | -29.9% |
| Recurring financial income | 75 | €14,538 | €10,187 | -€4,351 | -29.9% |
| Financial charges | 65/66B | €7,024 | €6,627 | -€397 | -5.6% |
| Recurring financial charges | 65 | €7,024 | €6,627 | -€397 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €43,734 | -€11,257 | -€54,991 | |
| Transfer from deferred taxes | 780 | €3,856 | €2,308 | -€1,549 | -40.2% |
| Income taxes | 67/77 | €20,786 | €644 | -€20,142 | -96.9% |
| Profit (loss) for the period | 9904 | €26,804 | -€9,593 | -€36,398 | |
| Transfer from tax-exempt reserves | 789 | €11,568 | €6,923 | -€4,646 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,373 | -€2,671 | -€41,043 |
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.