TER SCOETE: 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 SCOETE
Largest movements
- Cash +€17,272
up €17,272 (+27.3%), from €63,301 to €80,573
mainly Other debts (+€40,830) and Depreciation (+€13,287)
- Receivables within one year +€7,733
up €7,733 (+16.2%), from €47,731 to €55,464
- Tangible fixed assets -€6,547
down €6,547 (-12.4%), from €52,753 to €46,206
of which Plant, machinery and equipment: -€12,132
- Deferred charges and accrued income +€3,010
up €3,010 (+197%), from €1,526 to €4,536
- Other debts +€40,830
up €40,830 (+990%), from €4,126 to €44,956
- Trade debts -€20,309
down €20,309 (-19.6%), from €103,817 to €83,508
- Current portion of long-term debt -€6,981
no longer reported in 2025 (was €6,981)
- Tax, wage and social debts +€3,375
up €3,375 (+9.8%), from €34,498 to €37,873
of which Taxes: +€4,933
- Profit (loss) carried forward +€2,533
up €2,533 (+17.5%), from -€14,436 to -€11,903
- Financial charges -€28,118
down €28,118 (-60.5%), from €46,472 to €18,354
- Staff costs +€25,176
up €25,176 (+6.6%), from €382,435 to €407,611
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 | €204,202 | €223,649 | +€19,448 | +9.5% |
| Fixed assets | 21/28 | €58,453 | €51,906 | -€6,547 | -11.2% |
| Tangible fixed assets | 22/27 | €52,753 | €46,206 | -€6,547 | -12.4% |
| Plant, machinery and equipment | 23 | €51,385 | €39,253 | -€12,132 | -23.6% |
| Furniture and vehicles | 24 | €1,368 | €6,954 | +€5,586 | +408% |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €145,748 | €171,743 | +€25,994 | +17.8% |
| Stocks and contracts in progress | 3 | €33,191 | €31,170 | -€2,021 | -6.1% |
| Stocks | 30/36 | €33,191 | €31,170 | -€2,021 | -6.1% |
| Amounts receivable within one year | 40/41 | €47,731 | €55,464 | +€7,733 | +16.2% |
| Trade receivables | 40 | €47,731 | €55,464 | +€7,733 | +16.2% |
| Cash at bank and in hand | 54/58 | €63,301 | €80,573 | +€17,272 | +27.3% |
| Deferred charges and accrued income | 490/1 | €1,526 | €4,536 | +€3,010 | +197% |
| Total equity and liabilities | 10/49 | €204,202 | €223,649 | +€19,448 | +9.5% |
| Equity | 10/15 | €54,780 | €57,313 | +€2,533 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,616 | €50,616 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,756 | €48,756 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,436 | -€11,903 | +€2,533 | +17.5% |
| Amounts payable | 17/49 | €149,422 | €166,337 | +€16,915 | +11.3% |
| Amounts payable within one year | 42/48 | €149,422 | €166,337 | +€16,915 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €6,981 | - | -€6,981 | |
| Trade debts | 44 | €103,817 | €83,508 | -€20,309 | -19.6% |
| Suppliers | 440/4 | €103,817 | €83,508 | -€20,309 | -19.6% |
| Taxes, remuneration and social security | 45 | €34,498 | €37,873 | +€3,375 | +9.8% |
| Taxes | 450/3 | €17,573 | €22,505 | +€4,933 | +28.1% |
| Remuneration and social security | 454/9 | €16,925 | €15,367 | -€1,558 | -9.2% |
| Other amounts payable | 47/48 | €4,126 | €44,956 | +€40,830 | +990% |
| Remuneration, social security and pensions | 62 | €382,435 | €407,611 | +€25,176 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,022 | €13,287 | +€1,265 | +10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €162 | +€162 | |
| Other operating charges | 640/8 | €3,534 | €5,543 | +€2,009 | +56.8% |
| Gross operating margin | 9900 | €444,468 | €448,202 | +€3,734 | +0.8% |
| Operating profit (loss) | 9901 | €46,477 | €21,599 | -€24,878 | -53.5% |
| Financial income | 75/76B | €952 | €1,198 | +€246 | +25.9% |
| Recurring financial income | 75 | €952 | €1,198 | +€246 | +25.9% |
| Financial charges | 65/66B | €46,472 | €18,354 | -€28,118 | -60.5% |
| Recurring financial charges | 65 | €46,472 | €18,354 | -€28,118 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €957 | €4,443 | +€3,486 | +364% |
| Income taxes | 67/77 | €508 | €1,910 | +€1,402 | +276% |
| Profit (loss) for the period | 9904 | €449 | €2,533 | +€2,083 | +464% |
| Profit (loss) for the period to be appropriated | 9905 | €449 | €2,533 | +€2,083 | +464% |
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 1 November 2026 via checked.be.