TER HEIDE: 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 HEIDE
Largest movements
- Tangible fixed assets -€659
down €659 (-86.9%), from €759 to €100
- Financial fixed assets +€345
new in 2025: €345
- Receivables within one year +€92
up €92 (+28.1%), from €328 to €421
- Stocks and contracts +€70
up €70 (+200.0%), from €35 to €105
- Cash +€44
up €44 (+20.5%), from €217 to €261
mainly Debts after one year (+€15,000) and Depreciation (+€485)
- Debts after one year +€15,000
up €15,000 (+100.0%), from €15,000 to €30,000
- Profit (loss) carried forward -€7,082
down €7,082 (-15.2%), from -€46,591 to -€53,673
- Accrued charges and deferred income -€4,535
no longer reported in 2025 (was €4,535)
- Tax, wage and social debts -€2,085
down €2,085 (-72.9%), from €2,858 to €773
of which Taxes: -€2,055
- Trade debts -€946
down €946 (-38.2%), from €2,472 to €1,527
- Gross operating margin +€7,993
up €7,993 (+69.5%), from -€11,504 to -€3,511
- Other operating charges +€1,844
up €1,844 (+221.5%), from €832 to €2,677
- Depreciation -€300
down €300 (-38.2%), from €785 to €485
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 | €1,339 | €1,231 | -€108 | -8.0% |
| Fixed assets | 21/28 | €759 | €445 | -€314 | -41.4% |
| Tangible fixed assets | 22/27 | €759 | €100 | -€659 | -86.9% |
| Furniture and vehicles | 24 | €759 | €100 | -€659 | -86.9% |
| Financial fixed assets | 28 | - | €345 | +€345 | |
| Current assets | 29/58 | €580 | €787 | +€207 | +35.6% |
| Stocks and contracts in progress | 3 | €35 | €105 | +€70 | +200.0% |
| Stocks | 30/36 | €35 | €105 | +€70 | +200.0% |
| Amounts receivable within one year | 40/41 | €328 | €421 | +€92 | +28.1% |
| Other amounts receivable | 41 | €328 | €421 | +€92 | +28.1% |
| Cash at bank and in hand | 54/58 | €217 | €261 | +€44 | +20.5% |
| Total equity and liabilities | 10/49 | €1,339 | €1,231 | -€108 | -8.0% |
| Equity | 10/15 | -€40,391 | -€47,473 | -€7,082 | -17.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,591 | -€53,673 | -€7,082 | -15.2% |
| Amounts payable | 17/49 | €41,730 | €48,705 | +€6,975 | +16.7% |
| Amounts payable after more than one year | 17 | €15,000 | €30,000 | +€15,000 | +100.0% |
| Financial debts | 170/4 | €15,000 | €30,000 | +€15,000 | +100.0% |
| Amounts payable within one year | 42/48 | €22,195 | €18,705 | -€3,490 | -15.7% |
| Trade debts | 44 | €2,472 | €1,527 | -€946 | -38.2% |
| Suppliers | 440/4 | €2,472 | €1,527 | -€946 | -38.2% |
| Taxes, remuneration and social security | 45 | €2,858 | €773 | -€2,085 | -72.9% |
| Taxes | 450/3 | €2,828 | €773 | -€2,055 | -72.7% |
| Remuneration and social security | 454/9 | €30 | - | -€30 | |
| Other amounts payable | 47/48 | €16,865 | €16,405 | -€460 | -2.7% |
| Accrued charges and deferred income | 492/3 | €4,535 | - | -€4,535 | |
| Non-recurring operating income | 76A | - | €1,479 | +€1,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €785 | €485 | -€300 | -38.2% |
| Other operating charges | 640/8 | €832 | €2,677 | +€1,844 | +221.5% |
| Gross operating margin | 9900 | -€11,504 | -€3,511 | +€7,993 | +69.5% |
| Operating profit (loss) | 9901 | -€13,122 | -€6,672 | +€6,449 | +49.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €512 | €410 | -€102 | -19.8% |
| Recurring financial charges | 65 | €512 | €410 | -€102 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,633 | -€7,082 | +€6,551 | +48.1% |
| Profit (loss) for the period | 9904 | -€13,633 | -€7,082 | +€6,551 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,633 | -€7,082 | +€6,551 | +48.1% |
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 5 October 2026 via checked.be.