Ter Dorpe: 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 Dorpe
Largest movements
- Cash +€469,302
up €469,302 (+51.2%), from €915,730 to €1.4m
mainly Net result for the year (+€299,289) and Depreciation (+€187,702)
- Tangible fixed assets -€187,702
down €187,702 (-7.4%), from €2.5m to €2.3m
of which Land and buildings: -€185,324
- Reserves +€299,289
up €299,289 (+9.0%), from €3.3m to €3.6m
of which Distributable reserves: +€299,289
- Gross operating margin +€41,401
up €41,401 (+7.6%), from €543,571 to €584,972
- Taxes +€22,344
up €22,344 (+26.5%), from €84,452 to €106,796
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 | €3,471,667 | €3,778,164 | +€306,496 | +8.8% |
| Fixed assets | 21/28 | €2,526,822 | €2,339,119 | -€187,702 | -7.4% |
| Tangible fixed assets | 22/27 | €2,526,822 | €2,339,119 | -€187,702 | -7.4% |
| Land and buildings | 22 | €2,519,983 | €2,334,659 | -€185,324 | -7.4% |
| Plant, machinery and equipment | 23 | €6,839 | €4,460 | -€2,379 | -34.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €944,846 | €1,439,045 | +€494,199 | +52.3% |
| Amounts receivable within one year | 40/41 | €29,116 | €51,778 | +€22,662 | +77.8% |
| Other amounts receivable | 41 | €29,116 | €51,778 | +€22,662 | +77.8% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €915,730 | €1,385,033 | +€469,302 | +51.2% |
| Deferred charges and accrued income | 490/1 | €0 | €2,234 | +€2,234 | |
| Total equity and liabilities | 10/49 | €3,471,667 | €3,778,164 | +€306,496 | +8.8% |
| Equity | 10/15 | €3,352,405 | €3,651,694 | +€299,289 | +8.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,333,813 | €3,633,102 | +€299,289 | +9.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Other | 1319 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €1,654 | €1,654 | = | 0.0% |
| Distributable reserves | 133 | €3,330,300 | €3,629,589 | +€299,289 | +9.0% |
| Amounts payable | 17/49 | €119,263 | €126,470 | +€7,207 | +6.0% |
| Amounts payable within one year | 42/48 | €119,263 | €126,470 | +€7,207 | +6.0% |
| Trade debts | 44 | €2,173 | €1,386 | -€787 | -36.2% |
| Suppliers | 440/4 | €2,173 | €1,386 | -€787 | -36.2% |
| Other amounts payable | 47/48 | €117,090 | €125,084 | +€7,994 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,702 | €187,702 | = | 0.0% |
| Other operating charges | 640/8 | €3,303 | €3,865 | +€562 | +17.0% |
| Gross operating margin | 9900 | €543,571 | €584,972 | +€41,401 | +7.6% |
| Operating profit (loss) | 9901 | €352,566 | €393,404 | +€40,839 | +11.6% |
| Financial income | 75/76B | €16,053 | €12,922 | -€3,132 | -19.5% |
| Recurring financial income | 75 | €16,053 | €12,922 | -€3,132 | -19.5% |
| Financial charges | 65/66B | €190 | €241 | +€51 | +26.7% |
| Recurring financial charges | 65 | €190 | €241 | +€51 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €368,429 | €406,085 | +€37,656 | +10.2% |
| Income taxes | 67/77 | €84,452 | €106,796 | +€22,344 | +26.5% |
| Profit (loss) for the period | 9904 | €283,977 | €299,289 | +€15,312 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €283,977 | €299,289 | +€15,312 | +5.4% |
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 24 October 2026 via checked.be.