Ter Halle: 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 Halle
Largest movements
- Cash +€82,301
up €82,301 (+183%), from €45,004 to €127,305
mainly Net result for the year (+€109,686) and Tax, wage and social debts (+€41,262)
- Receivables within one year +€40,121
up €40,121 (+202%), from €19,841 to €59,961
of which Other amounts receivable: +€33,637
- Deferred charges and accrued income +€8,665
up €8,665 (+713%), from €1,215 to €9,880
- Tangible fixed assets +€5,048
up €5,048 (+515%), from €981 to €6,029
of which Furniture and vehicles: +€5,599
- Profit (loss) carried forward +€109,686
up €109,686, from -€1,471 to €108,216
- Tax, wage and social debts +€41,262
up €41,262 (+301%), from €13,696 to €54,959
of which Taxes: +€39,733
- Other debts -€19,442
down €19,442 (-60.8%), from €32,000 to €12,558
- Advances received +€7,279
new in 2025: €7,279
- Gross operating margin +€126,374
up €126,374 (+183%), from €68,988 to €195,362
- Taxes +€30,300
up €30,300 (+2,366%), from €1,281 to €31,580
- Staff costs +€17,020
up €17,020 (+76.4%), from €22,289 to €39,309
- Financial charges +€4,237
up €4,237 (+103%), from €4,131 to €8,368
- Other operating charges -€2,473
down €2,473 (-26.2%), from €9,426 to €6,953
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 | €68,040 | €205,675 | +€137,635 | +202% |
| Fixed assets | 21/28 | €981 | €6,029 | +€5,048 | +515% |
| Tangible fixed assets | 22/27 | €981 | €6,029 | +€5,048 | +515% |
| Plant, machinery and equipment | 23 | €981 | €430 | -€551 | -56.2% |
| Furniture and vehicles | 24 | - | €5,599 | +€5,599 | |
| Current assets | 29/58 | €67,059 | €199,646 | +€132,586 | +198% |
| Stocks and contracts in progress | 3 | €1,000 | €2,500 | +€1,500 | +150% |
| Stocks | 30/36 | €1,000 | €2,500 | +€1,500 | +150% |
| Amounts receivable within one year | 40/41 | €19,841 | €59,961 | +€40,121 | +202% |
| Trade receivables | 40 | - | €6,484 | +€6,484 | |
| Other amounts receivable | 41 | €19,841 | €53,477 | +€33,637 | +170% |
| Cash at bank and in hand | 54/58 | €45,004 | €127,305 | +€82,301 | +183% |
| Deferred charges and accrued income | 490/1 | €1,215 | €9,880 | +€8,665 | +713% |
| Total equity and liabilities | 10/49 | €68,040 | €205,675 | +€137,635 | +202% |
| Equity | 10/15 | -€471 | €109,216 | +€109,686 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,471 | €108,216 | +€109,686 | |
| Amounts payable | 17/49 | €68,511 | €96,459 | +€27,948 | +40.8% |
| Amounts payable within one year | 42/48 | €68,511 | €96,459 | +€27,948 | +40.8% |
| Trade debts | 44 | €22,814 | €21,663 | -€1,152 | -5.0% |
| Suppliers | 440/4 | €22,814 | €21,663 | -€1,152 | -5.0% |
| Advances received on contracts in progress | 46 | - | €7,279 | +€7,279 | |
| Taxes, remuneration and social security | 45 | €13,696 | €54,959 | +€41,262 | +301% |
| Taxes | 450/3 | €12,522 | €52,255 | +€39,733 | +317% |
| Remuneration and social security | 454/9 | €1,174 | €2,704 | +€1,530 | +130% |
| Other amounts payable | 47/48 | €32,000 | €12,558 | -€19,442 | -60.8% |
| Remuneration, social security and pensions | 62 | €22,289 | €39,309 | +€17,020 | +76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €551 | €1,452 | +€901 | +164% |
| Other operating charges | 640/8 | €9,426 | €6,953 | -€2,473 | -26.2% |
| Gross operating margin | 9900 | €68,988 | €195,362 | +€126,374 | +183% |
| Operating profit (loss) | 9901 | €36,723 | €147,648 | +€110,926 | +302% |
| Financial income | 75/76B | €610 | €1,987 | +€1,376 | +225% |
| Recurring financial income | 75 | €610 | €1,987 | +€1,376 | +225% |
| Financial charges | 65/66B | €4,131 | €8,368 | +€4,237 | +103% |
| Recurring financial charges | 65 | €4,131 | €8,368 | +€4,237 | +103% |
| Profit (loss) for the period before taxes | 9903 | €33,202 | €141,267 | +€108,065 | +325% |
| Income taxes | 67/77 | €1,281 | €31,580 | +€30,300 | +2,366% |
| Profit (loss) for the period | 9904 | €31,921 | €109,686 | +€77,765 | +244% |
| Profit (loss) for the period to be appropriated | 9905 | €31,921 | €109,686 | +€77,765 | +244% |
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 20 October 2026 via checked.be.