Ter Poele: 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 Poele
Largest movements
- Receivables within one year -€1,233
no longer reported in 2025 (was €1,233)
- Cash -€789
down €789 (-41.1%), from €1,921 to €1,132
mainly Net result for the year (-€37,897)
- Profit (loss) carried forward -€37,897
down €37,897 (-17.2%), from -€220,078 to -€257,975
- Debts within one year +€26,465
up €26,465 (+11.9%), from €222,872 to €249,337
- Accrued charges and deferred income +€9,410
up €9,410 (+2,614%), from €360 to €9,770
- Purchases and services +€4,507
up €4,507 (+53.0%), from €8,505 to €13,013
- Other operating charges -€2,895
down €2,895 (-99.9%), from €2,897 to €2
- Gross operating margin -€2,537
down €2,537 (-29.2%), from -€8,685 to -€11,222
- Financial charges +€2,470
up €2,470 (+11.7%), from €21,196 to €23,665
- Write-downs -€161
no longer reported in 2025 (was €161)
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 | €3,154 | €1,132 | -€2,022 | -64.1% |
| Current assets | 29/58 | €3,154 | €1,132 | -€2,022 | -64.1% |
| Amounts receivable within one year | 40/41 | €1,233 | - | -€1,233 | |
| Trade receivables | 40 | €1,233 | - | -€1,233 | |
| Cash at bank and in hand | 54/58 | €1,921 | €1,132 | -€789 | -41.1% |
| Total equity and liabilities | 10/49 | €3,154 | €1,132 | -€2,022 | -64.1% |
| Equity | 10/15 | -€220,078 | -€257,975 | -€37,897 | -17.2% |
| Profit (loss) carried forward | 14 | -€220,078 | -€257,975 | -€37,897 | -17.2% |
| Amounts payable | 17/49 | €223,232 | €259,107 | +€35,875 | +16.1% |
| Amounts payable within one year | 42/48 | €222,872 | €249,337 | +€26,465 | +11.9% |
| Trade debts | 44 | €9,602 | €8,200 | -€1,402 | -14.6% |
| Suppliers | 440/4 | €9,602 | €8,200 | -€1,402 | -14.6% |
| Taxes, remuneration and social security | 45 | €5 | - | -€5 | |
| Remuneration and social security | 454/9 | €5 | - | -€5 | |
| Accrued charges and deferred income | 492/3 | €360 | €9,770 | +€9,410 | +2,614% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,505 | €13,013 | +€4,507 | +53.0% |
| Remuneration, social security and pensions | 62 | -€122 | -€5 | +€117 | +95.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €161 | - | -€161 | |
| Other operating charges | 640/8 | €2,897 | €2 | -€2,895 | -99.9% |
| Non-recurring operating charges | 66A | €8,854 | €3,013 | -€5,842 | -66.0% |
| Gross operating margin | 9900 | -€8,685 | -€11,222 | -€2,537 | -29.2% |
| Operating profit (loss) | 9901 | -€20,476 | -€14,232 | +€6,244 | +30.5% |
| Financial charges | 65/66B | €21,196 | €23,665 | +€2,470 | +11.7% |
| Recurring financial charges | 65 | €21,196 | €23,665 | +€2,470 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€41,672 | -€37,897 | +€3,775 | +9.1% |
| Profit (loss) for the period | 9904 | -€41,672 | -€37,897 | +€3,775 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,672 | -€37,897 | +€3,775 | +9.1% |
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 23 October 2026 via checked.be.