Ter Leye: 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 Leye
Largest movements
- Tangible fixed assets +€342,323
up €342,323 (+34.0%), from €1.0m to €1.3m
of which Land and buildings: +€267,413
- Cash -€106,567
down €106,567 (-63.9%), from €166,705 to €60,138
mainly Investment in fixed assets (net) (-€484,955) and Receivables within one year (-€73,650)
- Receivables within one year +€73,650
up €73,650 (+119%), from €62,139 to €135,789
of which Other amounts receivable: +€76,841
- Debts after one year +€167,020
up €167,020 (+42.6%), from €391,755 to €558,774
- Reserves +€143,032
up €143,032 (+20.9%), from €685,642 to €828,674
- Tax, wage and social debts -€72,874
down €72,874 (-82.0%), from €88,886 to €16,011
- Other debts +€49,590
up €49,590 (+302%), from €16,394 to €65,983
- Current portion of long-term debt +€23,961
up €23,961 (+53.8%), from €44,528 to €68,489
- Depreciation +€101,406
up €101,406 (+246%), from €41,225 to €142,631
- Taxes -€44,903
down €44,903 (-36.2%), from €124,127 to €79,225
- Gross operating margin -€34,308
down €34,308 (-7.3%), from €471,572 to €437,265
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 | €1,234,874 | €1,544,281 | +€309,406 | +25.1% |
| Fixed assets | 21/28 | €1,006,030 | €1,348,353 | +€342,323 | +34.0% |
| Tangible fixed assets | 22/27 | €1,006,030 | €1,348,353 | +€342,323 | +34.0% |
| Land and buildings | 22 | €907,910 | €1,175,323 | +€267,413 | +29.5% |
| Plant, machinery and equipment | 23 | €93,120 | €109,578 | +€16,458 | +17.7% |
| Furniture and vehicles | 24 | - | €63,452 | +€63,452 | |
| Assets under construction and advance payments | 27 | €5,000 | €0 | -€5,000 | -100% |
| Current assets | 29/58 | €228,844 | €195,927 | -€32,917 | -14.4% |
| Amounts receivable within one year | 40/41 | €62,139 | €135,789 | +€73,650 | +119% |
| Trade receivables | 40 | €3,191 | €0 | -€3,191 | -100% |
| Other amounts receivable | 41 | €58,948 | €135,789 | +€76,841 | +130% |
| Cash at bank and in hand | 54/58 | €166,705 | €60,138 | -€106,567 | -63.9% |
| Total equity and liabilities | 10/49 | €1,234,874 | €1,544,281 | +€309,406 | +25.1% |
| Equity | 10/15 | €691,842 | €834,874 | +€143,032 | +20.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €685,642 | €828,674 | +€143,032 | +20.9% |
| Distributable reserves | 133 | €685,642 | €828,674 | +€143,032 | +20.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €543,032 | €709,407 | +€166,375 | +30.6% |
| Amounts payable after more than one year | 17 | €391,755 | €558,774 | +€167,020 | +42.6% |
| Financial debts | 170/4 | €391,755 | €558,774 | +€167,020 | +42.6% |
| Amounts payable within one year | 42/48 | €151,278 | €150,632 | -€645 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €44,528 | €68,489 | +€23,961 | +53.8% |
| Trade debts | 44 | €1,471 | €149 | -€1,322 | -89.9% |
| Suppliers | 440/4 | €1,471 | €149 | -€1,322 | -89.9% |
| Taxes, remuneration and social security | 45 | €88,886 | €16,011 | -€72,874 | -82.0% |
| Taxes | 450/3 | €88,886 | €16,011 | -€72,874 | -82.0% |
| Other amounts payable | 47/48 | €16,394 | €65,983 | +€49,590 | +302% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,225 | €142,631 | +€101,406 | +246% |
| Other operating charges | 640/8 | €513 | €4,486 | +€3,972 | +774% |
| Gross operating margin | 9900 | €471,572 | €437,265 | -€34,308 | -7.3% |
| Operating profit (loss) | 9901 | €429,833 | €290,148 | -€139,686 | -32.5% |
| Financial income | 75/76B | €0 | €2,890 | +€2,890 | +28,898,900% |
| Recurring financial income | 75 | €0 | €2,890 | +€2,890 | +28,898,900% |
| Financial charges | 65/66B | €23,957 | €23,781 | -€176 | -0.7% |
| Recurring financial charges | 65 | €23,957 | €23,781 | -€176 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €405,876 | €269,256 | -€136,620 | -33.7% |
| Income taxes | 67/77 | €124,127 | €79,225 | -€44,903 | -36.2% |
| Profit (loss) for the period | 9904 | €281,749 | €190,032 | -€91,717 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €281,749 | €190,032 | -€91,717 | -32.6% |
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.