TERKA IMMO: 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.
TERKA IMMO
Largest movements
- Cash -€256,693
down €256,693 (-66.0%), from €389,052 to €132,359
mainly Contributions, distributions and other (-€326,540) and Tax, wage and social debts (-€55,955)
- Tangible fixed assets -€139,141
no longer reported in 2025 (was €139,141)
of which Other tangible fixed assets: -€131,048
- Equity -€315,896
down €315,896 (-72.5%), from €435,502 to €119,606
- Tax, wage and social debts -€55,955
down €55,955 (-90.7%), from €61,696 to €5,741
- Other debts -€20,008
down €20,008 (-62.7%), from €31,909 to €11,901
- Gross operating margin -€431,592
down €431,592 (-95.5%), from €451,846 to €20,254
- Taxes -€116,555
down €116,555 (-96.2%), from €121,195 to €4,640
- Financial charges -€17,370
down €17,370 (-99.4%), from €17,475 to €105
- Depreciation -€6,471
no longer reported in 2025 (was €6,471)
- Other operating charges -€6,072
down €6,072 (-55.5%), from €10,937 to €4,865
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.
Derived cash bridge
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 | €531,253 | €137,412 | -€393,841 | -74.1% |
| Fixed assets | 21/28 | €140,049 | - | -€140,049 | |
| Tangible fixed assets | 22/27 | €139,141 | - | -€139,141 | |
| Land and buildings | 22 | €2,999 | - | -€2,999 | |
| Furniture and vehicles | 24 | €5,094 | - | -€5,094 | |
| Other tangible fixed assets | 26 | €131,048 | - | -€131,048 | |
| Financial fixed assets | 28 | €908 | - | -€908 | |
| Current assets | 29/58 | €391,204 | €137,412 | -€253,792 | -64.9% |
| Amounts receivable within one year | 40/41 | €612 | €5,053 | +€4,441 | +726% |
| Trade receivables | 40 | €612 | €5,053 | +€4,441 | +726% |
| Cash at bank and in hand | 54/58 | €389,052 | €132,359 | -€256,693 | -66.0% |
| Deferred charges and accrued income | 490/1 | €1,540 | - | -€1,540 | |
| Total equity and liabilities | 10/49 | €531,253 | €137,412 | -€393,841 | -74.1% |
| Equity | 10/15 | €435,502 | €119,606 | -€315,896 | -72.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €416,952 | €416,952 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,951 | €26,951 | = | 0.0% |
| Distributable reserves | 133 | €388,146 | €388,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €9,104 | +€9,104 | |
| Advance to shareholders on the distribution of net assets | 19 | - | €325,000 | +€325,000 | |
| Amounts payable | 17/49 | €95,751 | €17,806 | -€77,945 | -81.4% |
| Amounts payable within one year | 42/48 | €95,751 | €17,806 | -€77,945 | -81.4% |
| Trade debts | 44 | €2,146 | €164 | -€1,982 | -92.4% |
| Suppliers | 440/4 | €2,146 | €164 | -€1,982 | -92.4% |
| Taxes, remuneration and social security | 45 | €61,696 | €5,741 | -€55,955 | -90.7% |
| Taxes | 450/3 | €61,696 | €5,741 | -€55,955 | -90.7% |
| Other amounts payable | 47/48 | €31,909 | €11,901 | -€20,008 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,471 | - | -€6,471 | |
| Other operating charges | 640/8 | €10,937 | €4,865 | -€6,072 | -55.5% |
| Gross operating margin | 9900 | €451,846 | €20,254 | -€431,592 | -95.5% |
| Operating profit (loss) | 9901 | €434,438 | €15,389 | -€419,049 | -96.5% |
| Financial income | 75/76B | €83 | - | -€83 | |
| Recurring financial income | 75 | €83 | - | -€83 | |
| Financial charges | 65/66B | €17,475 | €105 | -€17,370 | -99.4% |
| Recurring financial charges | 65 | €17,475 | €105 | -€17,370 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €417,046 | €15,284 | -€401,762 | -96.3% |
| Income taxes | 67/77 | €121,195 | €4,640 | -€116,555 | -96.2% |
| Profit (loss) for the period | 9904 | €295,851 | €10,644 | -€285,207 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €295,851 | €10,644 | -€285,207 | -96.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.