TER DOOLEN: what changed
Two fiscal 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 DOOLEN
Largest movements
- Cash +€75,553
up €75,553 (+5.1%), from €1.5m to €1.6m
mainly Net result for the year (+€107,167) and Depreciation (+€77,728)
- Tangible fixed assets -€70,181
down €70,181 (-8.3%), from €848,637 to €778,456
of which Land and buildings: -€67,138
- Reserves +€107,167
up €107,167 (+2.7%), from €4.0m to €4.1m
of which Distributable reserves: +€107,167
- Taxes -€68,516
down €68,516, from €59,204 to -€9,312
- Financial income -€55,898
down €55,898 (-28.0%), from €199,989 to €144,092
- Gross operating margin +€22,149
up €22,149 (+90.7%), from €24,408 to €46,557
- Financial charges +€2,735
up €2,735 (+692.5%), from €395 to €3,130
- Depreciation +€2,382
up €2,382 (+3.2%), from €75,346 to €77,728
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.
Cash bridge derived
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 | €6,687,842 | €6,775,072 | +€87,231 | +1.3% |
| Fixed assets | 21/28 | €848,637 | €778,456 | -€70,181 | -8.3% |
| Tangible fixed assets | 22/27 | €848,637 | €778,456 | -€70,181 | -8.3% |
| Land and buildings | 22 | €834,974 | €767,836 | -€67,138 | -8.0% |
| Furniture and vehicles | 24 | €13,663 | €10,620 | -€3,042 | -22.3% |
| Current assets | 29/58 | €5,839,205 | €5,996,616 | +€157,411 | +2.7% |
| Amounts receivable within one year | 40/41 | €7,422 | €59,743 | +€52,321 | +704.9% |
| Trade receivables | 40 | €7,422 | €1,035 | -€6,387 | -86.1% |
| Other amounts receivable | 41 | - | €58,708 | +€58,708 | |
| Current investments | 50/53 | €4,312,786 | €4,357,145 | +€44,359 | +1.0% |
| Cash at bank and in hand | 54/58 | €1,483,677 | €1,559,230 | +€75,553 | +5.1% |
| Deferred charges and accrued income | 490/1 | €35,320 | €20,498 | -€14,821 | -42.0% |
| Total equity and liabilities | 10/49 | €6,687,842 | €6,775,072 | +€87,231 | +1.3% |
| Equity | 10/15 | €6,661,649 | €6,768,816 | +€107,167 | +1.6% |
| Contributions | 10/11 | €2,694,092 | €2,694,092 | = | 0.0% |
| Capital | 10 | €2,694,092 | €2,694,092 | = | 0.0% |
| Issued capital | 100 | €2,694,092 | €2,694,092 | = | 0.0% |
| Reserves | 13 | €3,967,558 | €4,074,724 | +€107,167 | +2.7% |
| Non-distributable reserves | 130/1 | €269,409 | €269,409 | = | 0.0% |
| Legal reserve | 130 | €269,409 | €269,409 | = | 0.0% |
| Distributable reserves | 133 | €3,698,149 | €3,805,315 | +€107,167 | +2.9% |
| Amounts payable | 17/49 | €26,192 | €6,256 | -€19,936 | -76.1% |
| Amounts payable within one year | 42/48 | €25,714 | €2,371 | -€23,342 | -90.8% |
| Trade debts | 44 | - | €16 | +€16 | |
| Suppliers | 440/4 | - | €16 | +€16 | |
| Taxes, remuneration and social security | 45 | €25,714 | €2,356 | -€23,358 | -90.8% |
| Taxes | 450/3 | €25,714 | €2,356 | -€23,358 | -90.8% |
| Accrued charges and deferred income | 492/3 | €478 | €3,885 | +€3,407 | +712.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,346 | €77,728 | +€2,382 | +3.2% |
| Other operating charges | 640/8 | €11,514 | €11,936 | +€422 | +3.7% |
| Non-recurring operating charges | 66A | €34 | - | -€34 | |
| Gross operating margin | 9900 | €24,408 | €46,557 | +€22,149 | +90.7% |
| Operating profit (loss) | 9901 | -€62,486 | -€43,107 | +€19,379 | +31.0% |
| Financial income | 75/76B | €199,989 | €144,092 | -€55,898 | -28.0% |
| Recurring financial income | 75 | €199,989 | €144,092 | -€55,898 | -28.0% |
| Financial charges | 65/66B | €395 | €3,130 | +€2,735 | +692.5% |
| Recurring financial charges | 65 | €395 | €3,130 | +€2,735 | +692.5% |
| Profit (loss) for the period before taxes | 9903 | €137,108 | €97,855 | -€39,254 | -28.6% |
| Income taxes | 67/77 | €59,204 | -€9,312 | -€68,516 | |
| Profit (loss) for the period | 9904 | €77,904 | €107,167 | +€29,262 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,904 | €107,167 | +€29,262 | +37.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.