LA TERRE: 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.
LA TERRE
Largest movements
- Stocks and contracts -€2,078
down €2,078 (-40.2%), from €5,171 to €3,092
- Cash -€2,005
down €2,005 (-5.7%), from €34,949 to €32,944
mainly Short-term financial debts (-€6,700) and Tax, wage and social debts (-€3,747)
- Short-term financial debts -€6,700
down €6,700 (-84.6%), from €7,919 to €1,220
- Profit (loss) carried forward +€5,632
up €5,632 (+22.4%), from €25,112 to €30,744
- Tax, wage and social debts -€3,747
down €3,747 (-66.9%), from €5,601 to €1,854
- Trade debts +€1,260
up €1,260 (+118%), from €1,071 to €2,331
- Gross operating margin +€29,277
up €29,277 (+110%), from €26,730 to €56,007
- Staff costs +€25,677
up €25,677 (+143%), from €17,925 to €43,603
- Depreciation -€4,366
no longer reported in 2025 (was €4,366)
- Taxes +€3,581
up €3,581 (+246%), from €1,455 to €5,036
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 | €53,964 | €50,409 | -€3,555 | -6.6% |
| Current assets | 29/58 | €53,964 | €50,409 | -€3,555 | -6.6% |
| Stocks and contracts in progress | 3 | €5,171 | €3,092 | -€2,078 | -40.2% |
| Stocks | 30/36 | €5,171 | €3,092 | -€2,078 | -40.2% |
| Amounts receivable within one year | 40/41 | €13,845 | €14,373 | +€528 | +3.8% |
| Other amounts receivable | 41 | €13,845 | €14,373 | +€528 | +3.8% |
| Cash at bank and in hand | 54/58 | €34,949 | €32,944 | -€2,005 | -5.7% |
| Total equity and liabilities | 10/49 | €53,964 | €50,409 | -€3,555 | -6.6% |
| Equity | 10/15 | €39,372 | €45,004 | +€5,632 | +14.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,112 | €30,744 | +€5,632 | +22.4% |
| Amounts payable | 17/49 | €14,592 | €5,405 | -€9,187 | -63.0% |
| Amounts payable within one year | 42/48 | €14,592 | €5,405 | -€9,187 | -63.0% |
| Financial debts | 43 | €7,919 | €1,220 | -€6,700 | -84.6% |
| Credit institutions | 430/8 | €7,919 | €1,220 | -€6,700 | -84.6% |
| Trade debts | 44 | €1,071 | €2,331 | +€1,260 | +118% |
| Suppliers | 440/4 | €1,071 | €2,331 | +€1,260 | +118% |
| Taxes, remuneration and social security | 45 | €5,601 | €1,854 | -€3,747 | -66.9% |
| Taxes | 450/3 | €5,601 | €1,854 | -€3,747 | -66.9% |
| Remuneration, social security and pensions | 62 | €17,925 | €43,603 | +€25,677 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,366 | - | -€4,366 | |
| Other operating charges | 640/8 | €1,136 | €968 | -€168 | -14.8% |
| Gross operating margin | 9900 | €26,730 | €56,007 | +€29,277 | +110% |
| Operating profit (loss) | 9901 | €3,303 | €11,436 | +€8,133 | +246% |
| Financial charges | 65/66B | €968 | €768 | -€200 | -20.7% |
| Recurring financial charges | 65 | €968 | €768 | -€200 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €2,334 | €10,668 | +€8,334 | +357% |
| Income taxes | 67/77 | €1,455 | €5,036 | +€3,581 | +246% |
| Profit (loss) for the period | 9904 | €879 | €5,632 | +€4,753 | +541% |
| Profit (loss) for the period to be appropriated | 9905 | €879 | €5,632 | +€4,753 | +541% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.