TERACONSTRUCT: what changed
Two fiscal 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.
TERACONSTRUCT
Largest movements
- Cash -€5,743
down €5,743 (-98.9%), from €5,808 to €65
mainly Other debts (-€51,933) and Trade debts (-€10,012)
- Tangible fixed assets -€3,751
down €3,751 (-36.8%), from €10,203 to €6,452
- Other debts -€51,933
down €51,933 (-52.2%), from €99,537 to €47,604
- Profit (loss) carried forward +€41,368
up €41,368 (+188.0%), from €22,002 to €63,370
- Tax, wage and social debts +€11,202
up €11,202 (+193.5%), from €5,788 to €16,990
- Trade debts -€10,012
down €10,012 (-72.8%), from €13,748 to €3,736
- Turnover -€555,243
no longer reported in 2024 (was €555,243)
- Purchases and services -€525,854
no longer reported in 2024 (was €525,854)
- Gross operating margin +€28,527
up €28,527 (+97.1%), from €29,389 to €57,916
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.
Cash bridge derived
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 | €143,575 | €134,200 | -€9,375 | -6.5% |
| Fixed assets | 21/28 | €12,003 | €8,652 | -€3,351 | -27.9% |
| Tangible fixed assets | 22/27 | €10,203 | €6,452 | -€3,751 | -36.8% |
| Furniture and vehicles | 24 | €10,203 | €6,452 | -€3,751 | -36.8% |
| Financial fixed assets | 28 | €1,800 | €2,200 | +€400 | +22.2% |
| Current assets | 29/58 | €131,572 | €125,548 | -€6,024 | -4.6% |
| Amounts receivable within one year | 40/41 | €125,764 | €125,483 | -€281 | -0.2% |
| Trade receivables | 40 | €123,241 | €124,421 | +€1,180 | +1.0% |
| Other amounts receivable | 41 | €2,523 | €1,062 | -€1,461 | -57.9% |
| Cash at bank and in hand | 54/58 | €5,808 | €65 | -€5,743 | -98.9% |
| Total equity and liabilities | 10/49 | €143,575 | €134,200 | -€9,375 | -6.5% |
| Equity | 10/15 | €24,502 | €65,870 | +€41,368 | +168.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,002 | €63,370 | +€41,368 | +188.0% |
| Amounts payable | 17/49 | €119,073 | €68,330 | -€50,743 | -42.6% |
| Amounts payable within one year | 42/48 | €119,073 | €68,330 | -€50,743 | -42.6% |
| Trade debts | 44 | €13,748 | €3,736 | -€10,012 | -72.8% |
| Suppliers | 440/4 | €13,748 | €3,736 | -€10,012 | -72.8% |
| Taxes, remuneration and social security | 45 | €5,788 | €16,990 | +€11,202 | +193.5% |
| Taxes | 450/3 | €5,788 | €16,990 | +€11,202 | +193.5% |
| Other amounts payable | 47/48 | €99,537 | €47,604 | -€51,933 | -52.2% |
| Turnover | 70 | €555,243 | - | -€555,243 | |
| Goods, raw materials, services and sundry goods | 60/61 | €525,854 | - | -€525,854 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,062 | €3,751 | +€2,689 | +253.2% |
| Other operating charges | 640/8 | €506 | €1,172 | +€666 | +131.6% |
| Gross operating margin | 9900 | €29,389 | €57,916 | +€28,527 | +97.1% |
| Operating profit (loss) | 9901 | €27,821 | €52,993 | +€25,172 | +90.5% |
| Financial charges | 65/66B | €31 | €535 | +€504 | +1625.8% |
| Recurring financial charges | 65 | €31 | €535 | +€504 | +1625.8% |
| Profit (loss) for the period before taxes | 9903 | €27,790 | €52,458 | +€24,668 | +88.8% |
| Income taxes | 67/77 | €5,788 | €11,090 | +€5,302 | +91.6% |
| Profit (loss) for the period | 9904 | €22,002 | €41,368 | +€19,366 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,002 | €41,368 | +€19,366 | +88.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.