TERCON: 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.
TERCON
Largest movements
- Cash +€5,391
up €5,391, from €0 to €5,391
mainly Other debts (+€10,961) and Receivables within one year (+€2,902)
- Receivables within one year -€2,902
down €2,902 (-2.5%), from €117,507 to €114,604
- Other debts +€10,961
up €10,961 (+22.8%), from €48,148 to €59,108
- Current portion of long-term debt -€5,833
down €5,833 (-100.0%), from €5,833 to €0
- Profit (loss) carried forward -€2,132
down €2,132 (-14.5%), from €14,740 to €12,608
- Gross operating margin -€40,227
down €40,227, from €36,809 to -€3,417
- Taxes -€4,913
down €4,913 (-100.0%), from €4,913 to €0
- Financial income +€1,678
up €1,678 (+149.7%), from €1,121 to €2,800
- Financial charges -€533
down €533 (-30.3%), from €1,759 to €1,226
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 | €117,507 | €119,995 | +€2,488 | +2.1% |
| Current assets | 29/58 | €117,507 | €119,995 | +€2,488 | +2.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €117,507 | €114,604 | -€2,902 | -2.5% |
| Other amounts receivable | 41 | €117,507 | €114,604 | -€2,902 | -2.5% |
| Cash at bank and in hand | 54/58 | €0 | €5,391 | +€5,391 | |
| Total equity and liabilities | 10/49 | €117,507 | €119,995 | +€2,488 | +2.1% |
| Equity | 10/15 | €36,740 | €34,608 | -€2,132 | -5.8% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,740 | €12,608 | -€2,132 | -14.5% |
| Amounts payable | 17/49 | €80,767 | €85,387 | +€4,620 | +5.7% |
| Amounts payable within one year | 42/48 | €80,767 | €85,387 | +€4,620 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €5,833 | €0 | -€5,833 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €26,786 | €26,279 | -€508 | -1.9% |
| Suppliers | 440/4 | €26,786 | €26,279 | -€508 | -1.9% |
| Other amounts payable | 47/48 | €48,148 | €59,108 | +€10,961 | +22.8% |
| Other operating charges | 640/8 | €141 | €288 | +€148 | +105.1% |
| Gross operating margin | 9900 | €36,809 | -€3,417 | -€40,227 | |
| Operating profit (loss) | 9901 | €36,669 | -€3,705 | -€40,374 | |
| Financial income | 75/76B | €1,121 | €2,800 | +€1,678 | +149.7% |
| Recurring financial income | 75 | €1,121 | €2,800 | +€1,678 | +149.7% |
| Financial charges | 65/66B | €1,759 | €1,226 | -€533 | -30.3% |
| Recurring financial charges | 65 | €1,759 | €1,226 | -€533 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €36,032 | -€2,132 | -€38,163 | |
| Income taxes | 67/77 | €4,913 | €0 | -€4,913 | -100.0% |
| Profit (loss) for the period | 9904 | €31,118 | -€2,132 | -€33,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,118 | -€2,132 | -€33,250 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.