TER DOS: 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 DOS
Largest movements
- Tangible fixed assets -€27,336
down €27,336 (-7.1%), from €386,986 to €359,650
of which Land and buildings: -€25,792
- Cash -€22,336
down €22,336 (-20.1%), from €111,370 to €89,034
mainly Net result for the year (-€35,803) and Other debts (-€8,585)
- Profit (loss) carried forward -€35,803
down €35,803 (-26.6%), from -€134,488 to -€170,292
- Other debts -€8,585
down €8,585 (-7.0%), from €123,338 to €114,754
- Gross operating margin +€4,854
up €4,854, from -€1,452 to €3,402
- Financial charges -€3,688
down €3,688 (-29.3%), from €12,577 to €8,889
- Financial income -€1,872
no longer reported in 2025 (was €1,872)
- Depreciation +€526
up €526 (+2.0%), from €26,911 to €27,437
- Other operating charges +€85
up €85 (+3.0%), from €2,795 to €2,880
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 | €520,819 | €471,149 | -€49,670 | -9.5% |
| Fixed assets | 21/28 | €386,986 | €359,650 | -€27,336 | -7.1% |
| Tangible fixed assets | 22/27 | €386,986 | €359,650 | -€27,336 | -7.1% |
| Land and buildings | 22 | €382,111 | €356,319 | -€25,792 | -6.7% |
| Plant, machinery and equipment | 23 | €4,276 | €2,932 | -€1,345 | -31.4% |
| Furniture and vehicles | 24 | €599 | €400 | -€200 | -33.3% |
| Current assets | 29/58 | €133,833 | €111,499 | -€22,333 | -16.7% |
| Amounts receivable within one year | 40/41 | €22,387 | €22,387 | = | 0.0% |
| Trade receivables | 40 | €22,387 | €22,387 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €111,370 | €89,034 | -€22,336 | -20.1% |
| Deferred charges and accrued income | 490/1 | €75 | €78 | +€2 | +3.0% |
| Total equity and liabilities | 10/49 | €520,819 | €471,149 | -€49,670 | -9.5% |
| Equity | 10/15 | €365,461 | €329,658 | -€35,803 | -9.8% |
| Contributions | 10/11 | €21,840 | €21,840 | = | 0.0% |
| Reserves | 13 | €478,109 | €478,109 | = | 0.0% |
| Distributable reserves | 133 | €478,109 | €478,109 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,488 | -€170,292 | -€35,803 | -26.6% |
| Amounts payable | 17/49 | €155,357 | €141,491 | -€13,866 | -8.9% |
| Amounts payable within one year | 42/48 | €155,357 | €141,091 | -€14,266 | -9.2% |
| Trade debts | 44 | €26,181 | €23,731 | -€2,450 | -9.4% |
| Suppliers | 440/4 | €26,181 | €23,731 | -€2,450 | -9.4% |
| Taxes, remuneration and social security | 45 | €5,838 | €2,607 | -€3,231 | -55.3% |
| Taxes | 450/3 | €5,838 | €2,607 | -€3,231 | -55.3% |
| Other amounts payable | 47/48 | €123,338 | €114,754 | -€8,585 | -7.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,911 | €27,437 | +€526 | +2.0% |
| Other operating charges | 640/8 | €2,795 | €2,880 | +€85 | +3.0% |
| Gross operating margin | 9900 | -€1,452 | €3,402 | +€4,854 | |
| Operating profit (loss) | 9901 | -€31,158 | -€26,914 | +€4,244 | +13.6% |
| Financial income | 75/76B | €1,872 | - | -€1,872 | |
| Recurring financial income | 75 | €1,872 | - | -€1,872 | |
| Financial charges | 65/66B | €12,577 | €8,889 | -€3,688 | -29.3% |
| Recurring financial charges | 65 | €12,577 | €8,889 | -€3,688 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | -€41,863 | -€35,803 | +€6,059 | +14.5% |
| Profit (loss) for the period | 9904 | -€41,863 | -€35,803 | +€6,059 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,863 | -€35,803 | +€6,059 | +14.5% |
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 3 October 2026 via checked.be.