EXPRESSION DU TERROIR: what changed
Two fiscal 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.
EXPRESSION DU TERROIR
Largest movements
- Cash -€33,236
down €33,236 (-40.0%), from €82,987 to €49,751
mainly Trade debts (-€100,683) and Tax, wage and social debts (-€10,883)
- Receivables within one year -€24,905
down €24,905 (-35.5%), from €70,059 to €45,154
of which Trade receivables: -€24,903
- Trade debts -€100,683
down €100,683 (-54.6%), from €184,251 to €83,568
- Profit (loss) carried forward +€52,944
up €52,944 (+66.7%), from -€79,409 to -€26,465
- Tax, wage and social debts -€10,883
down €10,883 (-62.8%), from €17,326 to €6,444
of which Remuneration and social security: -€12,577
- Staff costs -€72,984
down €72,984 (-71.2%), from €102,572 to €29,588
- Write-downs +€3,090
up €3,090 (+67.7%), from -€4,563 to -€1,473
- Other operating charges -€1,582
down €1,582 (-27.5%), from €5,755 to €4,173
- Gross operating margin -€866
down €866 (-1.0%), from €86,119 to €85,253
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 | €153,527 | €94,905 | -€58,622 | -38.2% |
| Current assets | 29/58 | €153,527 | €94,905 | -€58,622 | -38.2% |
| Amounts receivable within one year | 40/41 | €70,059 | €45,154 | -€24,905 | -35.5% |
| Trade receivables | 40 | €70,050 | €45,147 | -€24,903 | -35.6% |
| Other amounts receivable | 41 | €10 | €7 | -€2 | -25.2% |
| Cash at bank and in hand | 54/58 | €82,987 | €49,751 | -€33,236 | -40.0% |
| Deferred charges and accrued income | 490/1 | €481 | €0 | -€481 | -100.0% |
| Total equity and liabilities | 10/49 | €153,527 | €94,905 | -€58,622 | -38.2% |
| Equity | 10/15 | -€48,050 | €4,893 | +€52,944 | |
| Contributions | 10/11 | €28,508 | €28,508 | = | 0.0% |
| Reserves | 13 | €2,851 | €2,851 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,851 | €2,851 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,409 | -€26,465 | +€52,944 | +66.7% |
| Amounts payable | 17/49 | €201,577 | €90,011 | -€111,566 | -55.3% |
| Amounts payable within one year | 42/48 | €201,577 | €90,011 | -€111,566 | -55.3% |
| Trade debts | 44 | €184,251 | €83,568 | -€100,683 | -54.6% |
| Suppliers | 440/4 | €184,251 | €83,568 | -€100,683 | -54.6% |
| Taxes, remuneration and social security | 45 | €17,326 | €6,444 | -€10,883 | -62.8% |
| Taxes | 450/3 | €4,750 | €6,444 | +€1,694 | +35.7% |
| Remuneration and social security | 454/9 | €12,577 | €0 | -€12,577 | -100.0% |
| Remuneration, social security and pensions | 62 | €102,572 | €29,588 | -€72,984 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,563 | -€1,473 | +€3,090 | +67.7% |
| Other operating charges | 640/8 | €5,755 | €4,173 | -€1,582 | -27.5% |
| Gross operating margin | 9900 | €86,119 | €85,253 | -€866 | -1.0% |
| Operating profit (loss) | 9901 | -€17,645 | €52,965 | +€70,610 | |
| Financial income | 75/76B | €20 | €69 | +€49 | +247.1% |
| Recurring financial income | 75 | €20 | €69 | +€49 | +247.1% |
| Financial charges | 65/66B | €86 | €91 | +€5 | +5.4% |
| Recurring financial charges | 65 | €86 | €91 | +€5 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,711 | €52,944 | +€70,655 | |
| Profit (loss) for the period | 9904 | -€17,711 | €52,944 | +€70,655 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,711 | €52,944 | +€70,655 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.