TER BEEK: 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.
TER BEEK
Largest movements
- Receivables within one year +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Tangible fixed assets +€2,068
up €2,068 (+13.5%), from €15,338 to €17,406
of which Land and buildings: +€5,636
- Cash +€1,237
up €1,237 (+3.4%), from €36,455 to €37,692
mainly Net result for the year (+€16,722) and Depreciation (+€4,432)
- Reserves +€16,722
up €16,722 (+47.8%), from €34,995 to €51,717
of which Distributable reserves: +€16,722
- Tax, wage and social debts -€4,079
down €4,079 (-54.9%), from €7,432 to €3,353
of which Remuneration and social security: -€2,620
- Trade debts -€3,452
down €3,452 (-62.9%), from €5,488 to €2,036
- Other debts -€1,451
down €1,451 (-73.7%), from €1,968 to €517
- Gross operating margin +€18,781
up €18,781 (+167%), from €11,253 to €30,034
- Taxes +€3,998
up €3,998 (+113%), from €3,525 to €7,523
- Depreciation +€2,069
up €2,069 (+87.5%), from €2,363 to €4,432
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 | €62,382 | €70,123 | +€7,740 | +12.4% |
| Fixed assets | 21/28 | €15,338 | €17,406 | +€2,068 | +13.5% |
| Tangible fixed assets | 22/27 | €15,338 | €17,406 | +€2,068 | +13.5% |
| Land and buildings | 22 | €2,340 | €7,976 | +€5,636 | +241% |
| Plant, machinery and equipment | 23 | €6,520 | €4,999 | -€1,521 | -23.3% |
| Furniture and vehicles | 24 | €6,478 | €4,432 | -€2,046 | -31.6% |
| Current assets | 29/58 | €47,045 | €52,716 | +€5,672 | +12.1% |
| Amounts receivable within one year | 40/41 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Trade receivables | 40 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €36,455 | €37,692 | +€1,237 | +3.4% |
| Deferred charges and accrued income | 490/1 | €590 | €24 | -€565 | -95.9% |
| Total equity and liabilities | 10/49 | €62,382 | €70,123 | +€7,740 | +12.4% |
| Equity | 10/15 | €47,495 | €64,217 | +€16,722 | +35.2% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €34,995 | €51,717 | +€16,722 | +47.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,135 | €49,857 | +€16,722 | +50.5% |
| Amounts payable | 17/49 | €14,888 | €5,906 | -€8,982 | -60.3% |
| Amounts payable within one year | 42/48 | €14,888 | €5,906 | -€8,982 | -60.3% |
| Trade debts | 44 | €5,488 | €2,036 | -€3,452 | -62.9% |
| Suppliers | 440/4 | €5,488 | €2,036 | -€3,452 | -62.9% |
| Taxes, remuneration and social security | 45 | €7,432 | €3,353 | -€4,079 | -54.9% |
| Taxes | 450/3 | €4,812 | €3,353 | -€1,460 | -30.3% |
| Remuneration and social security | 454/9 | €2,620 | €0 | -€2,620 | -100% |
| Other amounts payable | 47/48 | €1,968 | €517 | -€1,451 | -73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,363 | €4,432 | +€2,069 | +87.5% |
| Other operating charges | 640/8 | €1,219 | €1,259 | +€40 | +3.3% |
| Gross operating margin | 9900 | €11,253 | €30,034 | +€18,781 | +167% |
| Operating profit (loss) | 9901 | €7,671 | €24,344 | +€16,672 | +217% |
| Financial income | 75/76B | €100 | €162 | +€62 | +62.4% |
| Recurring financial income | 75 | €100 | €162 | +€62 | +62.4% |
| Financial charges | 65/66B | €324 | €261 | -€64 | -19.6% |
| Recurring financial charges | 65 | €324 | €261 | -€64 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €7,447 | €24,245 | +€16,798 | +226% |
| Income taxes | 67/77 | €3,525 | €7,523 | +€3,998 | +113% |
| Profit (loss) for the period | 9904 | €3,922 | €16,722 | +€12,800 | +326% |
| Profit (loss) for the period to be appropriated | 9905 | €3,922 | €16,722 | +€12,800 | +326% |
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.