TERRA BUILDING: 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.
TERRA BUILDING
Largest movements
- Tangible fixed assets -€34,875
down €34,875 (-63.6%), from €54,820 to €19,945
of which Furniture and vehicles: -€26,946
- Receivables within one year -€28,923
down €28,923 (-64.9%), from €44,580 to €15,657
of which Trade receivables: -€25,522
- Deferred charges and accrued income +€4,356
up €4,356 (+218%), from €1,996 to €6,352
- Profit (loss) carried forward -€29,294
down €29,294 (-85.5%), from €34,266 to €4,972
- Trade debts -€17,706
down €17,706 (-58.5%), from €30,265 to €12,560
- Tax, wage and social debts -€6,656
down €6,656 (-49.2%), from €13,520 to €6,864
of which Taxes: -€11,707
- Debts after one year -€6,549
down €6,549 (-74.3%), from €8,813 to €2,264
- Gross operating margin -€17,979
down €17,979, from €12,850 to -€5,129
- Depreciation -€6,082
down €6,082 (-27.0%), from €22,553 to €16,471
- Financial charges +€1,039
up €1,039 (+56.3%), from €1,843 to €2,882
- Other operating charges +€840
up €840 (+21.1%), from €3,991 to €4,831
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 | €102,414 | €42,209 | -€60,205 | -58.8% |
| Fixed assets | 21/28 | €54,875 | €20,000 | -€34,875 | -63.6% |
| Tangible fixed assets | 22/27 | €54,820 | €19,945 | -€34,875 | -63.6% |
| Plant, machinery and equipment | 23 | €24,801 | €16,873 | -€7,929 | -32.0% |
| Furniture and vehicles | 24 | €30,019 | €3,072 | -€26,946 | -89.8% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €47,539 | €22,209 | -€25,330 | -53.3% |
| Amounts receivable within one year | 40/41 | €44,580 | €15,657 | -€28,923 | -64.9% |
| Trade receivables | 40 | €39,167 | €13,645 | -€25,522 | -65.2% |
| Other amounts receivable | 41 | €5,413 | €2,012 | -€3,401 | -62.8% |
| Cash at bank and in hand | 54/58 | €963 | €200 | -€763 | -79.2% |
| Deferred charges and accrued income | 490/1 | €1,996 | €6,352 | +€4,356 | +218% |
| Total equity and liabilities | 10/49 | €102,414 | €42,209 | -€60,205 | -58.8% |
| Equity | 10/15 | €43,266 | €13,972 | -€29,294 | -67.7% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,266 | €4,972 | -€29,294 | -85.5% |
| Amounts payable | 17/49 | €59,148 | €28,237 | -€30,911 | -52.3% |
| Amounts payable after more than one year | 17 | €8,813 | €2,264 | -€6,549 | -74.3% |
| Financial debts | 170/4 | €8,813 | €2,264 | -€6,549 | -74.3% |
| Amounts payable within one year | 42/48 | €50,335 | €25,973 | -€24,362 | -48.4% |
| Current portion of amounts payable after more than one year | 42 | €6,549 | €6,549 | = | 0.0% |
| Trade debts | 44 | €30,265 | €12,560 | -€17,706 | -58.5% |
| Suppliers | 440/4 | €30,265 | €12,560 | -€17,706 | -58.5% |
| Taxes, remuneration and social security | 45 | €13,520 | €6,864 | -€6,656 | -49.2% |
| Taxes | 450/3 | €12,482 | €775 | -€11,707 | -93.8% |
| Remuneration and social security | 454/9 | €1,038 | €6,089 | +€5,050 | +486% |
| Non-recurring operating income | 76A | - | €1,745 | +€1,745 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,553 | €16,471 | -€6,082 | -27.0% |
| Other operating charges | 640/8 | €3,991 | €4,831 | +€840 | +21.1% |
| Non-recurring operating charges | 66A | €1,658 | - | -€1,658 | |
| Gross operating margin | 9900 | €12,850 | -€5,129 | -€17,979 | |
| Operating profit (loss) | 9901 | -€15,352 | -€26,430 | -€11,079 | -72.2% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €1,843 | €2,882 | +€1,039 | +56.3% |
| Recurring financial charges | 65 | €1,843 | €2,882 | +€1,039 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,195 | -€29,294 | -€12,099 | -70.4% |
| Income taxes | 67/77 | €32 | - | -€32 | |
| Profit (loss) for the period | 9904 | -€17,227 | -€29,294 | -€12,067 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,227 | -€29,294 | -€12,067 | -70.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.