Tereycke: 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.
Tereycke
Largest movements
- Cash +€678,116
up €678,116 (+541.3%), from €125,276 to €803,391
mainly Current investments (+€310,000) and Net result for the year (+€307,950)
- Current investments -€310,000
no longer reported in 2025 (was €310,000)
- Receivables within one year +€50,328
up €50,328 (+124.5%), from €40,433 to €90,761
of which Trade receivables: +€50,417
- Tangible fixed assets +€36,055
up €36,055 (+29.6%), from €121,744 to €157,799
of which Land and buildings: +€52,238
- Reserves +€307,950
up €307,950 (+85.3%), from €361,136 to €669,087
- Trade debts +€165,575
up €165,575 (+6155.6%), from €2,690 to €168,265
- Tax, wage and social debts -€13,515
down €13,515 (-6.8%), from €198,380 to €184,864
of which Taxes: -€13,565
- Gross operating margin -€77,191
down €77,191 (-14.0%), from €551,479 to €474,288
- Taxes -€15,733
down €15,733 (-9.6%), from €164,309 to €148,577
- Financial income +€9,618
up €9,618 (+330504.5%), from €3 to €9,621
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 | €597,453 | €1,051,951 | +€454,498 | +76.1% |
| Fixed assets | 21/28 | €121,744 | €157,799 | +€36,055 | +29.6% |
| Tangible fixed assets | 22/27 | €121,744 | €157,799 | +€36,055 | +29.6% |
| Land and buildings | 22 | €64,226 | €116,464 | +€52,238 | +81.3% |
| Plant, machinery and equipment | 23 | €1,381 | €523 | -€858 | -62.1% |
| Furniture and vehicles | 24 | €56,138 | €40,812 | -€15,325 | -27.3% |
| Current assets | 29/58 | €475,709 | €894,152 | +€418,443 | +88.0% |
| Amounts receivable within one year | 40/41 | €40,433 | €90,761 | +€50,328 | +124.5% |
| Trade receivables | 40 | €40,333 | €90,750 | +€50,417 | +125.0% |
| Other amounts receivable | 41 | €100 | €11 | -€89 | -89.1% |
| Current investments | 50/53 | €310,000 | - | -€310,000 | |
| Cash at bank and in hand | 54/58 | €125,276 | €803,391 | +€678,116 | +541.3% |
| Total equity and liabilities | 10/49 | €597,453 | €1,051,951 | +€454,498 | +76.1% |
| Equity | 10/15 | €366,136 | €674,087 | +€307,950 | +84.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €361,136 | €669,087 | +€307,950 | +85.3% |
| Distributable reserves | 133 | €361,136 | €669,087 | +€307,950 | +85.3% |
| Amounts payable | 17/49 | €231,317 | €377,865 | +€146,548 | +63.4% |
| Amounts payable after more than one year | 17 | €22,515 | €14,405 | -€8,110 | -36.0% |
| Financial debts | 170/4 | €22,515 | €14,405 | -€8,110 | -36.0% |
| Amounts payable within one year | 42/48 | €208,802 | €363,460 | +€154,658 | +74.1% |
| Current portion of amounts payable after more than one year | 42 | €7,732 | €8,110 | +€377 | +4.9% |
| Trade debts | 44 | €2,690 | €168,265 | +€165,575 | +6155.6% |
| Suppliers | 440/4 | €2,690 | €168,265 | +€165,575 | +6155.6% |
| Taxes, remuneration and social security | 45 | €198,380 | €184,864 | -€13,515 | -6.8% |
| Taxes | 450/3 | €196,436 | €182,871 | -€13,565 | -6.9% |
| Remuneration and social security | 454/9 | €1,944 | €1,993 | +€49 | +2.5% |
| Other amounts payable | 47/48 | - | €2,221 | +€2,221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,941 | €24,537 | +€2,596 | +11.8% |
| Other operating charges | 640/8 | €299 | €1,116 | +€817 | +273.1% |
| Gross operating margin | 9900 | €551,479 | €474,288 | -€77,191 | -14.0% |
| Operating profit (loss) | 9901 | €529,239 | €448,635 | -€80,604 | -15.2% |
| Financial income | 75/76B | €3 | €9,621 | +€9,618 | +330504.5% |
| Recurring financial income | 75 | €3 | €9,621 | +€9,618 | +330504.5% |
| Financial charges | 65/66B | €3,797 | €1,729 | -€2,068 | -54.5% |
| Recurring financial charges | 65 | €3,797 | €1,729 | -€2,068 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €525,445 | €456,527 | -€68,919 | -13.1% |
| Income taxes | 67/77 | €164,309 | €148,577 | -€15,733 | -9.6% |
| Profit (loss) for the period | 9904 | €361,136 | €307,950 | -€53,186 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €361,136 | €307,950 | -€53,186 | -14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.