TERAJYD: 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.
TERAJYD
Largest movements
- Tangible fixed assets +€30,314
up €30,314 (+41.2%), from €73,540 to €103,853
of which Furniture and vehicles: +€47,179
- Receivables within one year +€15,249
up €15,249 (+34.1%), from €44,737 to €59,985
of which Trade receivables: +€17,653
- Cash -€3,892
down €3,892 (-63.4%), from €6,141 to €2,249
mainly Investment in fixed assets (net) (-€57,467) and Receivables within one year (-€15,249)
- Trade debts +€24,537
up €24,537 (+216%), from €11,335 to €35,872
- Debts after one year +€17,621
up €17,621 (+40.4%), from €43,617 to €61,238
- Other debts -€10,261
down €10,261 (-73.5%), from €13,965 to €3,704
- Current portion of long-term debt +€9,091
up €9,091 (+74.9%), from €12,142 to €21,233
- Short-term financial debts +€3,583
up €3,583 (+69.0%), from €5,192 to €8,775
- Staff costs -€14,828
down €14,828 (-45.4%), from €32,677 to €17,848
- Gross operating margin -€12,416
down €12,416 (-18.3%), from €67,950 to €55,534
- Depreciation +€5,630
up €5,630 (+26.2%), from €21,523 to €27,153
- Taxes -€1,724
no longer reported in 2024 (was €1,724)
- Financial charges +€1,623
up €1,623 (+45.3%), from €3,583 to €5,206
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 | €125,135 | €166,167 | +€41,031 | +32.8% |
| Fixed assets | 21/28 | €73,540 | €103,853 | +€30,314 | +41.2% |
| Tangible fixed assets | 22/27 | €73,540 | €103,853 | +€30,314 | +41.2% |
| Plant, machinery and equipment | 23 | €39,142 | €22,277 | -€16,865 | -43.1% |
| Furniture and vehicles | 24 | €34,398 | €81,576 | +€47,179 | +137% |
| Current assets | 29/58 | €51,596 | €62,314 | +€10,718 | +20.8% |
| Amounts receivable within one year | 40/41 | €44,737 | €59,985 | +€15,249 | +34.1% |
| Trade receivables | 40 | €39,182 | €56,835 | +€17,653 | +45.1% |
| Other amounts receivable | 41 | €5,555 | €3,150 | -€2,405 | -43.3% |
| Cash at bank and in hand | 54/58 | €6,141 | €2,249 | -€3,892 | -63.4% |
| Deferred charges and accrued income | 490/1 | €718 | €79 | -€639 | -89.0% |
| Total equity and liabilities | 10/49 | €125,135 | €166,167 | +€41,031 | +32.8% |
| Equity | 10/15 | €23,737 | €22,715 | -€1,022 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,137 | €4,115 | -€1,022 | -19.9% |
| Amounts payable | 17/49 | €101,398 | €143,452 | +€42,054 | +41.5% |
| Amounts payable after more than one year | 17 | €43,617 | €61,238 | +€17,621 | +40.4% |
| Financial debts | 170/4 | €43,617 | €61,238 | +€17,621 | +40.4% |
| Amounts payable within one year | 42/48 | €55,948 | €80,317 | +€24,369 | +43.6% |
| Current portion of amounts payable after more than one year | 42 | €12,142 | €21,233 | +€9,091 | +74.9% |
| Financial debts | 43 | €5,192 | €8,775 | +€3,583 | +69.0% |
| Credit institutions | 430/8 | €5,192 | €8,775 | +€3,583 | +69.0% |
| Trade debts | 44 | €11,335 | €35,872 | +€24,537 | +216% |
| Suppliers | 440/4 | €11,335 | €35,872 | +€24,537 | +216% |
| Taxes, remuneration and social security | 45 | €13,315 | €10,733 | -€2,582 | -19.4% |
| Taxes | 450/3 | €3,589 | €1,616 | -€1,974 | -55.0% |
| Remuneration and social security | 454/9 | €9,726 | €9,118 | -€608 | -6.3% |
| Other amounts payable | 47/48 | €13,965 | €3,704 | -€10,261 | -73.5% |
| Accrued charges and deferred income | 492/3 | €1,834 | €1,897 | +€63 | +3.5% |
| Remuneration, social security and pensions | 62 | €32,677 | €17,848 | -€14,828 | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,523 | €27,153 | +€5,630 | +26.2% |
| Other operating charges | 640/8 | €2,411 | €1,946 | -€464 | -19.3% |
| Non-recurring operating charges | 66A | €288 | €4,402 | +€4,114 | +1,429% |
| Gross operating margin | 9900 | €67,950 | €55,534 | -€12,416 | -18.3% |
| Operating profit (loss) | 9901 | €11,052 | €4,183 | -€6,868 | -62.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +5,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5,900% |
| Financial charges | 65/66B | €3,583 | €5,206 | +€1,623 | +45.3% |
| Recurring financial charges | 65 | €3,583 | €5,206 | +€1,623 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €7,468 | -€1,022 | -€8,490 | |
| Income taxes | 67/77 | €1,724 | - | -€1,724 | |
| Profit (loss) for the period | 9904 | €5,744 | -€1,022 | -€6,766 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,744 | -€1,022 | -€6,766 |
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 17 October 2026 via checked.be.