TERALUCE: 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.
TERALUCE
Largest movements
- Receivables within one year +€14,475
up €14,475 (+29.6%), from €48,926 to €63,401
- Cash -€3,963
down €3,963 (-99.9%), from €3,965 to €2
mainly Receivables within one year (-€14,475) and Tax, wage and social debts (-€5,479)
- Tangible fixed assets -€1,461
down €1,461 (-39.3%), from €3,722 to €2,261
- Other debts +€13,947
up €13,947 (+110%), from €12,653 to €26,600
- Tax, wage and social debts -€5,479
down €5,479 (-62.3%), from €8,788 to €3,309
- Profit (loss) carried forward +€752
up €752 (+2.9%), from €25,866 to €26,617
- Purchases and services -€62,994
down €62,994 (-85.8%), from €73,446 to €10,452
- Other operating charges +€32,230
up €32,230 (+2,831%), from €1,138 to €33,368
- Gross operating margin +€32,113
up €32,113 (+862%), from €3,725 to €35,839
- Turnover -€30,880
down €30,880 (-40.0%), from €77,171 to €46,291
- Depreciation +€799
up €799 (+121%), from €662 to €1,461
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 | €56,613 | €65,664 | +€9,051 | +16.0% |
| Fixed assets | 21/28 | €3,722 | €2,261 | -€1,461 | -39.3% |
| Tangible fixed assets | 22/27 | €3,722 | €2,261 | -€1,461 | -39.3% |
| Furniture and vehicles | 24 | €3,722 | €2,261 | -€1,461 | -39.3% |
| Current assets | 29/58 | €52,891 | €63,403 | +€10,512 | +19.9% |
| Amounts receivable within one year | 40/41 | €48,926 | €63,401 | +€14,475 | +29.6% |
| Trade receivables | 40 | €48,926 | €63,401 | +€14,475 | +29.6% |
| Cash at bank and in hand | 54/58 | €3,965 | €2 | -€3,963 | -99.9% |
| Total equity and liabilities | 10/49 | €56,613 | €65,664 | +€9,051 | +16.0% |
| Equity | 10/15 | €28,866 | €29,617 | +€752 | +2.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,866 | €26,617 | +€752 | +2.9% |
| Amounts payable | 17/49 | €27,747 | €36,046 | +€8,299 | +29.9% |
| Amounts payable within one year | 42/48 | €27,747 | €36,046 | +€8,299 | +29.9% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €6,306 | €6,138 | -€168 | -2.7% |
| Suppliers | 440/4 | €6,306 | €6,138 | -€168 | -2.7% |
| Taxes, remuneration and social security | 45 | €8,788 | €3,309 | -€5,479 | -62.3% |
| Taxes | 450/3 | €8,788 | €3,309 | -€5,479 | -62.3% |
| Other amounts payable | 47/48 | €12,653 | €26,600 | +€13,947 | +110% |
| Turnover | 70 | €77,171 | €46,291 | -€30,880 | -40.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,446 | €10,452 | -€62,994 | -85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €1,461 | +€799 | +121% |
| Other operating charges | 640/8 | €1,138 | €33,368 | +€32,230 | +2,831% |
| Gross operating margin | 9900 | €3,725 | €35,839 | +€32,113 | +862% |
| Operating profit (loss) | 9901 | €1,925 | €1,009 | -€915 | -47.6% |
| Financial charges | 65/66B | €75 | €3 | -€73 | -96.2% |
| Recurring financial charges | 65 | €75 | €3 | -€73 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | €1,849 | €1,007 | -€843 | -45.6% |
| Income taxes | 67/77 | €524 | €255 | -€269 | -51.3% |
| Profit (loss) for the period | 9904 | €1,326 | €752 | -€574 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,326 | €752 | -€574 | -43.3% |
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 14 October 2026 via checked.be.