LES TROIS TERRILS: 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.
LES TROIS TERRILS
Largest movements
- Tangible fixed assets -€14,524
down €14,524 (-5.6%), from €258,678 to €244,154
of which Land and buildings: -€10,891
- Cash +€12,184
up €12,184 (+6.4%), from €190,225 to €202,409
mainly Net result for the year (+€24,744) and Depreciation (+€20,708)
- Reserves +€25,000
up €25,000 (+17.6%), from €142,000 to €167,000
- Trade debts -€15,177
down €15,177 (-74.5%), from €20,376 to €5,198
- Debts after one year -€13,811
down €13,811 (-6.4%), from €215,113 to €201,301
- Tax, wage and social debts +€5,615
up €5,615 (+23.8%), from €23,576 to €29,191
- Gross operating margin -€37,992
down €37,992 (-38.6%), from €98,476 to €60,484
- Taxes -€8,492
down €8,492 (-51.7%), from €16,429 to €7,937
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 | €448,994 | €447,102 | -€1,892 | -0.4% |
| Fixed assets | 21/28 | €258,678 | €244,154 | -€14,524 | -5.6% |
| Tangible fixed assets | 22/27 | €258,678 | €244,154 | -€14,524 | -5.6% |
| Land and buildings | 22 | €190,916 | €180,025 | -€10,891 | -5.7% |
| Plant, machinery and equipment | 23 | €67,762 | €64,129 | -€3,633 | -5.4% |
| Current assets | 29/58 | €190,316 | €202,948 | +€12,632 | +6.6% |
| Amounts receivable within one year | 40/41 | €5 | - | -€5 | |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €190,225 | €202,409 | +€12,184 | +6.4% |
| Deferred charges and accrued income | 490/1 | €86 | €539 | +€453 | +526% |
| Total equity and liabilities | 10/49 | €448,994 | €447,102 | -€1,892 | -0.4% |
| Equity | 10/15 | €160,763 | €185,971 | +€25,208 | +15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €142,000 | €167,000 | +€25,000 | +17.6% |
| Distributable reserves | 133 | €142,000 | €167,000 | +€25,000 | +17.6% |
| Profit (loss) carried forward | 14 | €163 | €371 | +€208 | +128% |
| Amounts payable | 17/49 | €288,231 | €261,130 | -€27,100 | -9.4% |
| Amounts payable after more than one year | 17 | €215,113 | €201,301 | -€13,811 | -6.4% |
| Financial debts | 170/4 | €215,113 | €201,301 | -€13,811 | -6.4% |
| Amounts payable within one year | 42/48 | €72,283 | €58,994 | -€13,289 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €14,084 | €13,811 | -€273 | -1.9% |
| Trade debts | 44 | €20,376 | €5,198 | -€15,177 | -74.5% |
| Suppliers | 440/4 | €20,376 | €5,198 | -€15,177 | -74.5% |
| Taxes, remuneration and social security | 45 | €23,576 | €29,191 | +€5,615 | +23.8% |
| Taxes | 450/3 | €23,576 | €29,191 | +€5,615 | +23.8% |
| Other amounts payable | 47/48 | €14,248 | €10,793 | -€3,454 | -24.2% |
| Accrued charges and deferred income | 492/3 | €835 | €835 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,420 | €20,708 | -€712 | -3.3% |
| Other operating charges | 640/8 | €2,571 | €2,280 | -€291 | -11.3% |
| Gross operating margin | 9900 | €98,476 | €60,484 | -€37,992 | -38.6% |
| Operating profit (loss) | 9901 | €74,485 | €37,495 | -€36,990 | -49.7% |
| Financial income | 75/76B | €38 | €3 | -€35 | -91.4% |
| Recurring financial income | 75 | €38 | €3 | -€35 | -91.4% |
| Financial charges | 65/66B | €5,494 | €4,817 | -€677 | -12.3% |
| Recurring financial charges | 65 | €5,494 | €4,817 | -€677 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €69,029 | €32,681 | -€36,348 | -52.7% |
| Income taxes | 67/77 | €16,429 | €7,937 | -€8,492 | -51.7% |
| Profit (loss) for the period | 9904 | €52,599 | €24,744 | -€27,855 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,599 | €24,744 | -€27,855 | -53.0% |
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 25 October 2026 via checked.be.