TER LAAR: 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 LAAR
Largest movements
- Cash -€50,370
down €50,370 (-95.9%), from €52,541 to €2,171
mainly Net result for the year (-€56,068) and Contributions, distributions and other (-€21,001)
- Tangible fixed assets -€30,469
down €30,469 (-50.6%), from €60,167 to €29,698
of which Land and buildings: -€27,995
- Deferred charges and accrued income -€1,807
no longer reported in 2025 (was €1,807)
- Receivables within one year +€1,734
up €1,734 (+2550.0%), from €68 to €1,802
of which Other amounts receivable: +€973
- Profit (loss) carried forward -€56,068
down €56,068 (-108.0%), from -€51,918 to -€107,986
- Contributions -€21,001
down €21,001 (-15.5%), from €135,927 to €114,926
- Other debts -€3,469
down €3,469 (-11.5%), from €30,200 to €26,731
- Financial charges -€1,701
down €1,701 (-47.0%), from €3,623 to €1,922
- Depreciation +€1,605
up €1,605 (+5.6%), from €28,863 to €30,468
- Other operating charges -€1,189
down €1,189 (-28.5%), from €4,174 to €2,985
- Gross operating margin +€1,072
up €1,072 (+4.9%), from -€21,765 to -€20,693
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 | €114,583 | €33,671 | -€80,912 | -70.6% |
| Fixed assets | 21/28 | €60,167 | €29,698 | -€30,469 | -50.6% |
| Tangible fixed assets | 22/27 | €60,167 | €29,698 | -€30,469 | -50.6% |
| Land and buildings | 22 | €57,693 | €29,698 | -€27,995 | -48.5% |
| Other tangible fixed assets | 26 | €2,474 | - | -€2,474 | |
| Current assets | 29/58 | €54,416 | €3,973 | -€50,443 | -92.7% |
| Amounts receivable within one year | 40/41 | €68 | €1,802 | +€1,734 | +2550.0% |
| Trade receivables | 40 | €60 | €821 | +€761 | +1268.3% |
| Other amounts receivable | 41 | €8 | €981 | +€973 | +12162.5% |
| Cash at bank and in hand | 54/58 | €52,541 | €2,171 | -€50,370 | -95.9% |
| Deferred charges and accrued income | 490/1 | €1,807 | - | -€1,807 | |
| Total equity and liabilities | 10/49 | €114,583 | €33,671 | -€80,912 | -70.6% |
| Equity | 10/15 | €84,009 | €6,940 | -€77,069 | -91.7% |
| Contributions | 10/11 | €135,927 | €114,926 | -€21,001 | -15.5% |
| Profit (loss) carried forward | 14 | -€51,918 | -€107,986 | -€56,068 | -108.0% |
| Amounts payable | 17/49 | €30,574 | €26,731 | -€3,843 | -12.6% |
| Amounts payable within one year | 42/48 | €30,574 | €26,731 | -€3,843 | -12.6% |
| Trade debts | 44 | €349 | - | -€349 | |
| Suppliers | 440/4 | €349 | - | -€349 | |
| Taxes, remuneration and social security | 45 | €25 | - | -€25 | |
| Taxes | 450/3 | €25 | - | -€25 | |
| Other amounts payable | 47/48 | €30,200 | €26,731 | -€3,469 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,863 | €30,468 | +€1,605 | +5.6% |
| Other operating charges | 640/8 | €4,174 | €2,985 | -€1,189 | -28.5% |
| Non-recurring operating charges | 66A | €37,362 | - | -€37,362 | |
| Gross operating margin | 9900 | -€21,765 | -€20,693 | +€1,072 | +4.9% |
| Operating profit (loss) | 9901 | -€92,164 | -€54,146 | +€38,018 | +41.3% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €3,623 | €1,922 | -€1,701 | -47.0% |
| Recurring financial charges | 65 | €3,623 | €1,922 | -€1,701 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | -€95,785 | -€56,068 | +€39,717 | +41.5% |
| Profit (loss) for the period | 9904 | -€95,785 | -€56,068 | +€39,717 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,785 | -€56,068 | +€39,717 | +41.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.