TER BRUGHE: what changed
What changed
TER BRUGHE
NACE 01.440, Crop and animal production, hunting and related service activities
filed annual accounts (NBB)
Net result for the year
-€70,594
2024 · -€15,722-€54,872
Equity
€1.5m
2024 · €1.6m-€70,594
Cash
€75,153
2024 · €76,621-€1,469
Balance sheet total
€3.1m
2024 · €3.1m-€18,841
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves -€70,594
down €70,594 (-4.7%), from €1.5m to €1.4m
of which Tax-exempt reserves: -€42,517
- Debts after one year +€42,112
up €42,112 (+4.0%), from €1.1m to €1.1m
of which Other amounts payable: +€49,846
- Tax, wage and social debts +€36,688
up €36,688 (+7,806%), from €470 to €37,158
Income statement
- Financial income -€45,641
down €45,641 (-89.1%), from €51,248 to €5,607
of which Non-recurring financial income: -€36,147
- Other operating charges +€38,937
up €38,937 (+238%), from €16,381 to €55,318
- Taxes -€18,765
down €18,765 (-99.2%), from €18,914 to €149
- Financial charges -€12,559
down €12,559 (-15.8%), from €79,496 to €66,937
- Gross operating margin -€1,518
down €1,518 (-1.0%), from €146,106 to €144,588
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€15,722
Gross operating margin
-€1,518
Depreciation
-€100
Other operating charges
-€38,937
Financial income
-€45,641
Financial charges
+€12,559
Taxes
+€18,765
Result 2025
-€70,594
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€52,190
Investment
-€92,019
Financing
+€38,360
Cash 2024
€76,621
From operations (derived)
+€52,190
Net result for the year
-€70,594
Depreciation
+€112,557
Stocks and contracts
-€21,833
Receivables within one year
+€19,266
Deferred charges and accrued income
-€599
Provisions
-€14,172
Trade debts
-€1,382
Tax, wage and social debts
+€36,688
Accrued charges and deferred income
-€7,741
Investment (derived)
-€92,019
Investment in fixed assets (net)
-€92,019
Financing
+€38,360
Debts after one year
+€42,112
Current portion of long-term debt
-€3,751
Cash 2025
€75,153
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,107,183 | €3,088,342 | -€18,841 | -0.6% |
| Fixed assets | 21/28 | €2,418,439 | €2,397,900 | -€20,539 | -0.8% |
| Tangible fixed assets | 22/27 | €2,415,349 | €2,394,810 | -€20,539 | -0.9% |
| Land and buildings | 22 | €2,274,305 | €2,182,271 | -€92,033 | -4.0% |
| Plant, machinery and equipment | 23 | €7,834 | €22,688 | +€14,854 | +190% |
| Furniture and vehicles | 24 | €22,974 | €8,705 | -€14,269 | -62.1% |
| Other tangible fixed assets | 26 | €110,236 | €181,146 | +€70,910 | +64.3% |
| Financial fixed assets | 28 | €3,090 | €3,090 | = | 0.0% |
| Current assets | 29/58 | €688,744 | €690,442 | +€1,697 | +0.2% |
| Stocks and contracts in progress | 3 | €19,000 | €40,833 | +€21,833 | +115% |
| Stocks | 30/36 | €19,000 | €40,833 | +€21,833 | +115% |
| Amounts receivable within one year | 40/41 | €30,393 | €11,128 | -€19,266 | -63.4% |
| Trade receivables | 40 | €5,368 | - | -€5,368 | |
| Other amounts receivable | 41 | €25,025 | €11,128 | -€13,897 | -55.5% |
| Current investments | 50/53 | €557,214 | €557,214 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €76,621 | €75,153 | -€1,469 | -1.9% |
| Deferred charges and accrued income | 490/1 | €5,516 | €6,115 | +€599 | +10.9% |
| Total equity and liabilities | 10/49 | €3,107,183 | €3,088,342 | -€18,841 | -0.6% |
| Equity | 10/15 | €1,570,221 | €1,499,627 | -€70,594 | -4.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,508,221 | €1,437,627 | -€70,594 | -4.7% |
| Non-distributable reserves | 130/1 | €87,215 | €87,215 | = | 0.0% |
| Legal reserve | 130 | €87,215 | €87,215 | = | 0.0% |
| Tax-exempt reserves | 132 | €962,091 | €919,574 | -€42,517 | -4.4% |
| Distributable reserves | 133 | €458,915 | €430,838 | -€28,077 | -6.1% |
| Provisions and deferred taxes | 16 | €395,149 | €380,977 | -€14,172 | -3.6% |
| Deferred taxes | 168 | €395,149 | €380,977 | -€14,172 | -3.6% |
| Amounts payable | 17/49 | €1,141,813 | €1,207,738 | +€65,925 | +5.8% |
| Amounts payable after more than one year | 17 | €1,050,911 | €1,093,023 | +€42,112 | +4.0% |
| Financial debts | 170/4 | €137,734 | €130,000 | -€7,734 | -5.6% |
| Other amounts payable | 178/9 | €913,176 | €963,023 | +€49,846 | +5.5% |
| Amounts payable within one year | 42/48 | €13,994 | €45,548 | +€31,554 | +225% |
| Current portion of amounts payable after more than one year | 42 | €11,486 | €7,734 | -€3,751 | -32.7% |
| Trade debts | 44 | €2,038 | €656 | -€1,382 | -67.8% |
| Suppliers | 440/4 | €2,038 | €656 | -€1,382 | -67.8% |
| Taxes, remuneration and social security | 45 | €470 | €37,158 | +€36,688 | +7,806% |
| Taxes | 450/3 | €470 | €37,158 | +€36,688 | +7,806% |
| Accrued charges and deferred income | 492/3 | €76,908 | €69,167 | -€7,741 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,457 | €112,557 | +€100 | +0.1% |
| Other operating charges | 640/8 | €16,381 | €55,318 | +€38,937 | +238% |
| Gross operating margin | 9900 | €146,106 | €144,588 | -€1,518 | -1.0% |
| Operating profit (loss) | 9901 | €17,267 | -€23,287 | -€40,555 | |
| Financial income | 75/76B | €51,248 | €5,607 | -€45,641 | -89.1% |
| Recurring financial income | 75 | €15,102 | €5,607 | -€9,495 | -62.9% |
| Non-recurring financial income | 76B | €36,147 | - | -€36,147 | |
| Financial charges | 65/66B | €79,496 | €66,937 | -€12,559 | -15.8% |
| Recurring financial charges | 65 | €79,496 | €66,937 | -€12,559 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,980 | -€84,617 | -€73,637 | -671% |
| Transfer from deferred taxes | 780 | €14,172 | €14,172 | = | 0.0% |
| Income taxes | 67/77 | €18,914 | €149 | -€18,765 | -99.2% |
| Profit (loss) for the period | 9904 | -€15,722 | -€70,594 | -€54,872 | -349% |
| Transfer from tax-exempt reserves | 789 | €42,517 | €42,517 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,795 | -€28,077 | -€54,872 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.