LE TERMINUS CM: 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.
LE TERMINUS CM
Largest movements
- Receivables within one year +€13,993
new in 2025: €13,993
- Cash +€5,156
new in 2025: €5,156
mainly Net result for the year (+€35,513) and Tax, wage and social debts (+€4,304)
- Tangible fixed assets -€423
no longer reported in 2025 (was €423)
- Profit (loss) carried forward +€26,986
up €26,986, from -€26,986 to €0
- Other debts -€18,339
no longer reported in 2025 (was €18,339)
- Reserves +€8,528
new in 2025: €8,528
- Tax, wage and social debts +€4,304
new in 2025: €4,304
- Trade debts -€2,606
down €2,606 (-37.6%), from €6,924 to €4,317
- Turnover +€60,758
up €60,758, from €0 to €60,758
- Gross operating margin +€40,679
up €40,679, from -€112 to €40,568
- Purchases and services +€20,079
up €20,079 (+17,998%), from €112 to €20,190
- Taxes +€4,304
new in 2025: €4,304
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 | €423 | €19,149 | +€18,726 | +4,431% |
| Fixed assets | 21/28 | €423 | - | -€423 | |
| Tangible fixed assets | 22/27 | €423 | - | -€423 | |
| Furniture and vehicles | 24 | €423 | - | -€423 | |
| Current assets | 29/58 | - | €19,149 | +€19,149 | |
| Amounts receivable within one year | 40/41 | - | €13,993 | +€13,993 | |
| Other amounts receivable | 41 | - | €13,993 | +€13,993 | |
| Cash at bank and in hand | 54/58 | - | €5,156 | +€5,156 | |
| Total equity and liabilities | 10/49 | €423 | €19,149 | +€18,726 | +4,431% |
| Equity | 10/15 | -€24,986 | €10,528 | +€35,513 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €8,528 | +€8,528 | |
| Distributable reserves | 133 | - | €8,528 | +€8,528 | |
| Profit (loss) carried forward | 14 | -€26,986 | €0 | +€26,986 | |
| Amounts payable | 17/49 | €25,408 | €8,621 | -€16,787 | -66.1% |
| Amounts payable within one year | 42/48 | €25,408 | €8,621 | -€16,787 | -66.1% |
| Financial debts | 43 | €145 | - | -€145 | |
| Credit institutions | 430/8 | €145 | - | -€145 | |
| Trade debts | 44 | €6,924 | €4,317 | -€2,606 | -37.6% |
| Suppliers | 440/4 | €6,924 | €4,317 | -€2,606 | -37.6% |
| Taxes, remuneration and social security | 45 | - | €4,304 | +€4,304 | |
| Taxes | 450/3 | - | €4,304 | +€4,304 | |
| Other amounts payable | 47/48 | €18,339 | - | -€18,339 | |
| Turnover | 70 | €0 | €60,758 | +€60,758 | |
| Goods, raw materials, services and sundry goods | 60/61 | €112 | €20,190 | +€20,079 | +17,998% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600 | €423 | -€177 | -29.6% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | -€112 | €40,568 | +€40,679 | |
| Operating profit (loss) | 9901 | -€1,483 | €39,745 | +€41,229 | |
| Financial income | 75/76B | - | €379 | +€379 | |
| Recurring financial income | 75 | - | €379 | +€379 | |
| Financial charges | 65/66B | €308 | €307 | -€0 | -0.1% |
| Recurring financial charges | 65 | €308 | €307 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,791 | €39,817 | +€41,608 | |
| Income taxes | 67/77 | - | €4,304 | +€4,304 | |
| Profit (loss) for the period | 9904 | -€1,791 | €35,513 | +€37,304 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,791 | €35,513 | +€37,304 |
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 21 October 2026 via checked.be.