TER POORTE: 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 POORTE
Largest movements
- Tangible fixed assets -€40,850
down €40,850 (-7.3%), from €563,400 to €522,550
of which Land and buildings: -€22,305
- Receivables within one year +€9,497
new in 2024: €9,497
- Cash +€6,798
up €6,798 (+35.2%), from €19,327 to €26,125
mainly Depreciation (+€48,788) and Tax, wage and social debts (+€20,370)
- Debts after one year -€34,423
down €34,423 (-11.0%), from €312,320 to €277,897
of which Financial debts: -€34,323
- Tax, wage and social debts +€20,370
up €20,370 (+24.7%), from €82,580 to €102,950
of which Remuneration and social security: +€18,471
- Short-term financial debts -€19,703
no longer reported in 2024 (was €19,703)
- Trade debts -€6,582
down €6,582 (-27.4%), from €24,035 to €17,453
- Staff costs -€17,668
down €17,668 (-11.0%), from €161,105 to €143,437
- Gross operating margin -€8,533
down €8,533 (-3.5%), from €245,247 to €236,714
- Other operating charges -€4,660
down €4,660 (-39.5%), from €11,810 to €7,150
- Depreciation +€4,040
up €4,040 (+9.0%), from €44,748 to €48,788
- Financial charges +€4,002
up €4,002 (+17.2%), from €23,259 to €27,261
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €601,727 | €575,289 | -€26,438 | -4.4% |
| Fixed assets | 21/28 | €563,400 | €522,550 | -€40,850 | -7.3% |
| Tangible fixed assets | 22/27 | €563,400 | €522,550 | -€40,850 | -7.3% |
| Land and buildings | 22 | €474,449 | €452,144 | -€22,305 | -4.7% |
| Plant, machinery and equipment | 23 | €80,709 | €64,832 | -€15,877 | -19.7% |
| Furniture and vehicles | 24 | €8,242 | €5,574 | -€2,668 | -32.4% |
| Current assets | 29/58 | €38,327 | €52,739 | +€14,412 | +37.6% |
| Stocks and contracts in progress | 3 | €19,000 | €17,117 | -€1,883 | -9.9% |
| Stocks | 30/36 | €19,000 | €17,117 | -€1,883 | -9.9% |
| Amounts receivable within one year | 40/41 | - | €9,497 | +€9,497 | |
| Trade receivables | 40 | - | €9,497 | +€9,497 | |
| Cash at bank and in hand | 54/58 | €19,327 | €26,125 | +€6,798 | +35.2% |
| Total equity and liabilities | 10/49 | €601,727 | €575,289 | -€26,438 | -4.4% |
| Equity | 10/15 | €85,785 | €90,255 | +€4,470 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,105 | €73,105 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,245 | €6,245 | = | 0.0% |
| Distributable reserves | 133 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,920 | -€1,450 | +€4,470 | +75.5% |
| Amounts payable | 17/49 | €515,942 | €485,034 | -€30,908 | -6.0% |
| Amounts payable after more than one year | 17 | €312,320 | €277,897 | -€34,423 | -11.0% |
| Financial debts | 170/4 | €312,220 | €277,897 | -€34,323 | -11.0% |
| Other amounts payable | 178/9 | €100 | - | -€100 | |
| Amounts payable within one year | 42/48 | €198,489 | €197,188 | -€1,301 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €48,347 | €49,323 | +€976 | +2.0% |
| Financial debts | 43 | €19,703 | - | -€19,703 | |
| Credit institutions | 430/8 | €19,703 | - | -€19,703 | |
| Trade debts | 44 | €24,035 | €17,453 | -€6,582 | -27.4% |
| Suppliers | 440/4 | €24,035 | €17,453 | -€6,582 | -27.4% |
| Taxes, remuneration and social security | 45 | €82,580 | €102,950 | +€20,370 | +24.7% |
| Taxes | 450/3 | €34,293 | €36,192 | +€1,899 | +5.5% |
| Remuneration and social security | 454/9 | €48,287 | €66,758 | +€18,471 | +38.3% |
| Other amounts payable | 47/48 | €23,824 | €27,462 | +€3,638 | +15.3% |
| Accrued charges and deferred income | 492/3 | €5,133 | €9,949 | +€4,816 | +93.8% |
| Remuneration, social security and pensions | 62 | €161,105 | €143,437 | -€17,668 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,748 | €48,788 | +€4,040 | +9.0% |
| Other operating charges | 640/8 | €11,810 | €7,150 | -€4,660 | -39.5% |
| Gross operating margin | 9900 | €245,247 | €236,714 | -€8,533 | -3.5% |
| Operating profit (loss) | 9901 | €27,584 | €37,339 | +€9,755 | +35.4% |
| Financial income | 75/76B | €2 | €26 | +€24 | +1,200% |
| Recurring financial income | 75 | €2 | €26 | +€24 | +1,200% |
| Financial charges | 65/66B | €23,259 | €27,261 | +€4,002 | +17.2% |
| Recurring financial charges | 65 | €23,259 | €27,261 | +€4,002 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €4,327 | €10,104 | +€5,777 | +134% |
| Income taxes | 67/77 | €4,202 | €5,634 | +€1,432 | +34.1% |
| Profit (loss) for the period | 9904 | €125 | €4,470 | +€4,345 | +3,476% |
| Profit (loss) for the period to be appropriated | 9905 | €125 | €4,470 | +€4,345 | +3,476% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.