Ter Biest: 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.
What changed
Ter Biest
NACE 47.711, Retail sale of women's outerwear
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,211
2024 · €235+€6,976
Equity
€84,523
2024 · €84,312+€211
Cash
€8,964
2024 · €13,354-€4,390
Balance sheet total
€723,740
2024 · €754,179-€30,439
Largest movements
Assets
- Stocks and contracts -€28,054
down €28,054 (-23.3%), from €120,459 to €92,404
- Receivables within one year +€26,696
up €26,696 (+72.1%), from €37,007 to €63,703
of which Other amounts receivable: +€24,806
- Tangible fixed assets -€24,179
down €24,179 (-4.2%), from €580,023 to €555,844
Equity and liabilities
- Debts after one year -€26,128
down €26,128 (-5.4%), from €481,541 to €455,414
Income statement
- Gross operating margin -€14,818
down €14,818 (-9.6%), from €154,952 to €140,134
- Depreciation -€13,272
down €13,272 (-31.6%), from €41,968 to €28,695
- Staff costs -€11,575
down €11,575 (-16.1%), from €71,843 to €60,269
- Financial charges +€3,100
up €3,100 (+11.5%), from €26,930 to €30,030
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.
Result 2024
€235
Gross operating margin
-€14,818
Staff costs
+€11,575
Depreciation
+€13,272
Other operating charges
+€299
Financial income
+€579
Financial charges
-€3,100
Taxes
-€832
Result 2025
€7,211
raises the resultlowers the result
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.
From operations
+€32,007
Investment
-€4,516
Financing
-€31,881
Cash 2024
€13,354
From operations (derived)
+€32,007
Net result for the year
+€7,211
Depreciation
+€28,695
Stocks and contracts
+€28,054
Receivables within one year
-€26,696
Deferred charges and accrued income
+€511
Trade debts
-€7,132
Tax, wage and social debts
+€1,313
Other debts
+€50
Investment (derived)
-€4,516
Investment in fixed assets (net)
-€4,516
Financing
-€31,881
Debts after one year
-€26,128
Current portion of long-term debt
+€1,247
Contributions, distributions and other
-€7,000
Cash 2025
€8,964
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €754,179 | €723,740 | -€30,439 | -4.0% |
| Fixed assets | 21/28 | €580,023 | €555,844 | -€24,179 | -4.2% |
| Tangible fixed assets | 22/27 | €580,023 | €555,844 | -€24,179 | -4.2% |
| Land and buildings | 22 | €503,561 | €491,926 | -€11,635 | -2.3% |
| Plant, machinery and equipment | 23 | €6,317 | €4,898 | -€1,418 | -22.5% |
| Furniture and vehicles | 24 | €22,965 | €17,181 | -€5,785 | -25.2% |
| Other tangible fixed assets | 26 | €47,180 | €41,839 | -€5,341 | -11.3% |
| Current assets | 29/58 | €174,156 | €167,896 | -€6,260 | -3.6% |
| Stocks and contracts in progress | 3 | €120,459 | €92,404 | -€28,054 | -23.3% |
| Stocks | 30/36 | €120,459 | €92,404 | -€28,054 | -23.3% |
| Amounts receivable within one year | 40/41 | €37,007 | €63,703 | +€26,696 | +72.1% |
| Trade receivables | 40 | €22,602 | €24,491 | +€1,890 | +8.4% |
| Other amounts receivable | 41 | €14,405 | €39,211 | +€24,806 | +172% |
| Cash at bank and in hand | 54/58 | €13,354 | €8,964 | -€4,390 | -32.9% |
| Deferred charges and accrued income | 490/1 | €3,337 | €2,826 | -€511 | -15.3% |
| Total equity and liabilities | 10/49 | €754,179 | €723,740 | -€30,439 | -4.0% |
| Equity | 10/15 | €84,312 | €84,523 | +€211 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,112 | €78,323 | +€211 | +0.3% |
| Non-distributable reserves | 130/1 | €63 | €63 | = | 0.0% |
| Reserves not available under the articles | 1311 | €63 | €63 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,103 | €6,103 | = | 0.0% |
| Distributable reserves | 133 | €71,945 | €72,157 | +€211 | +0.3% |
| Amounts payable | 17/49 | €669,868 | €639,217 | -€30,650 | -4.6% |
| Amounts payable after more than one year | 17 | €481,541 | €455,414 | -€26,128 | -5.4% |
| Financial debts | 170/4 | €481,541 | €455,414 | -€26,128 | -5.4% |
| Amounts payable within one year | 42/48 | €188,326 | €183,804 | -€4,523 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €24,881 | €26,128 | +€1,247 | +5.0% |
| Trade debts | 44 | €125,850 | €118,717 | -€7,132 | -5.7% |
| Suppliers | 440/4 | €125,850 | €118,717 | -€7,132 | -5.7% |
| Taxes, remuneration and social security | 45 | €35,947 | €37,260 | +€1,313 | +3.7% |
| Taxes | 450/3 | €29,173 | €29,744 | +€571 | +2.0% |
| Remuneration and social security | 454/9 | €6,774 | €7,516 | +€742 | +11.0% |
| Other amounts payable | 47/48 | €1,649 | €1,699 | +€50 | +3.0% |
| Remuneration, social security and pensions | 62 | €71,843 | €60,269 | -€11,575 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,968 | €28,695 | -€13,272 | -31.6% |
| Other operating charges | 640/8 | €12,592 | €12,293 | -€299 | -2.4% |
| Gross operating margin | 9900 | €154,952 | €140,134 | -€14,818 | -9.6% |
| Operating profit (loss) | 9901 | €28,549 | €38,877 | +€10,328 | +36.2% |
| Financial income | 75/76B | €497 | €1,077 | +€579 | +116% |
| Recurring financial income | 75 | €497 | €1,077 | +€579 | +116% |
| Financial charges | 65/66B | €26,930 | €30,030 | +€3,100 | +11.5% |
| Recurring financial charges | 65 | €26,930 | €30,030 | +€3,100 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €2,117 | €9,925 | +€7,808 | +369% |
| Income taxes | 67/77 | €1,881 | €2,713 | +€832 | +44.2% |
| Profit (loss) for the period | 9904 | €235 | €7,211 | +€6,976 | +2,965% |
| Profit (loss) for the period to be appropriated | 9905 | €235 | €7,211 | +€6,976 | +2,965% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.