TERCOMIX: 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.
TERCOMIX
Largest movements
- Tangible fixed assets -€39,871
down €39,871 (-8.5%), from €469,535 to €429,664
of which Plant, machinery and equipment: -€26,374
- Other debts -€26,986
down €26,986 (-17.1%), from €158,113 to €131,127
- Profit (loss) carried forward -€10,180
down €10,180 (-81.8%), from -€12,440 to -€22,620
- Gross operating margin -€85,815
down €85,815 (-55.9%), from €153,471 to €67,656
- Depreciation -€45,991
down €45,991 (-44.1%), from €104,320 to €58,329
- Financial charges -€8,669
down €8,669 (-71.2%), from €12,179 to €3,510
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.
Cash bridge derived
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 | €720,945 | €677,558 | -€43,387 | -6.0% |
| Fixed assets | 21/28 | €469,535 | €429,664 | -€39,871 | -8.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €469,535 | €429,664 | -€39,871 | -8.5% |
| Land and buildings | 22 | €306,018 | €294,528 | -€11,491 | -3.8% |
| Plant, machinery and equipment | 23 | €117,824 | €91,450 | -€26,374 | -22.4% |
| Furniture and vehicles | 24 | €45,693 | €43,686 | -€2,007 | -4.4% |
| Current assets | 29/58 | €251,409 | €247,894 | -€3,515 | -1.4% |
| Stocks and contracts in progress | 3 | €51,210 | €49,135 | -€2,075 | -4.1% |
| Stocks | 30/36 | €51,210 | €49,135 | -€2,075 | -4.1% |
| Amounts receivable within one year | 40/41 | €120,232 | €113,455 | -€6,777 | -5.6% |
| Trade receivables | 40 | €120,232 | €112,497 | -€7,735 | -6.4% |
| Other amounts receivable | 41 | - | €958 | +€958 | |
| Cash at bank and in hand | 54/58 | €76,312 | €81,444 | +€5,131 | +6.7% |
| Deferred charges and accrued income | 490/1 | €3,655 | €3,861 | +€206 | +5.6% |
| Total equity and liabilities | 10/49 | €720,945 | €677,558 | -€43,387 | -6.0% |
| Equity | 10/15 | €537,660 | €527,480 | -€10,180 | -1.9% |
| Contributions | 10/11 | €547,000 | €547,000 | = | 0.0% |
| Capital | 10 | €547,000 | €547,000 | = | 0.0% |
| Issued capital | 100 | €547,000 | €547,000 | = | 0.0% |
| Reserves | 13 | €3,100 | €3,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Legal reserve | 130 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,440 | -€22,620 | -€10,180 | -81.8% |
| Amounts payable | 17/49 | €183,285 | €150,078 | -€33,207 | -18.1% |
| Amounts payable within one year | 42/48 | €183,285 | €150,078 | -€33,207 | -18.1% |
| Trade debts | 44 | €22,859 | €18,951 | -€3,909 | -17.1% |
| Suppliers | 440/4 | €22,859 | €18,951 | -€3,909 | -17.1% |
| Taxes, remuneration and social security | 45 | €2,312 | - | -€2,312 | |
| Taxes | 450/3 | €2,312 | - | -€2,312 | |
| Other amounts payable | 47/48 | €158,113 | €131,127 | -€26,986 | -17.1% |
| Non-recurring operating income | 76A | €12,617 | €6,000 | -€6,617 | -52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,320 | €58,329 | -€45,991 | -44.1% |
| Other operating charges | 640/8 | €16,102 | €15,997 | -€105 | -0.7% |
| Non-recurring operating charges | 66A | €6,907 | - | -€6,907 | |
| Gross operating margin | 9900 | €153,471 | €67,656 | -€85,815 | -55.9% |
| Operating profit (loss) | 9901 | €26,142 | -€6,670 | -€32,812 | |
| Financial income | 75/76B | €321 | €0 | -€321 | -100.0% |
| Recurring financial income | 75 | €321 | €0 | -€321 | -100.0% |
| Financial charges | 65/66B | €12,179 | €3,510 | -€8,669 | -71.2% |
| Recurring financial charges | 65 | €12,179 | €3,510 | -€8,669 | -71.2% |
| Profit (loss) for the period before taxes | 9903 | €14,285 | -€10,180 | -€24,464 | |
| Profit (loss) for the period | 9904 | €14,285 | -€10,180 | -€24,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,285 | -€10,180 | -€24,464 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.