TERRA CONSULTANTS: what changed
TERRA CONSULTANTS
Largest movements
- Cash +€64,853
up €64,853 (+6,792%), from €955 to €65,808
mainly Contributions, distributions and other (+€96,062) and Provisions (+€29,694)
- Tangible fixed assets -€33,663
down €33,663 (-6.0%), from €562,143 to €528,480
- Reserves +€96,062
up €96,062 (+43.7%), from €219,823 to €315,885
- Debts within one year -€44,763
down €44,763 (-63.8%), from €70,160 to €25,397
- Debts after one year -€40,061
down €40,061 (-20.1%), from €199,505 to €159,444
- Provisions +€29,694
up €29,694 (+27.0%), from €110,000 to €139,695
- Profit (loss) carried forward -€10,008
down €10,008 (-124%), from -€8,098 to -€18,106
- Gross operating margin +€134,715
up €134,715 (+608%), from €22,139 to €156,854
- Depreciation -€4,766
down €4,766 (-15.4%), from €30,891 to €26,125
Change in the result, 2019 to 2020
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2019 and 2020 balance sheets and the 2020 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €653,364 | €684,288 | +€30,924 | +4.7% |
| Fixed assets | 21/28 | €652,143 | €618,480 | -€33,663 | -5.2% |
| Tangible fixed assets | 22/27 | €562,143 | €528,480 | -€33,663 | -6.0% |
| Financial fixed assets | 28 | €90,000 | €90,000 | = | 0.0% |
| Current assets | 29/58 | €1,221 | €65,808 | +€64,587 | +5,288% |
| Amounts receivable within one year | 40/41 | €266 | - | -€266 | |
| Cash at bank and in hand | 54/58 | €955 | €65,808 | +€64,853 | +6,792% |
| Total equity and liabilities | 10/49 | €653,364 | €684,288 | +€30,924 | +4.7% |
| Equity | 10/15 | €273,698 | €359,752 | +€86,054 | +31.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €219,823 | €315,885 | +€96,062 | +43.7% |
| Profit (loss) carried forward | 14 | -€8,098 | -€18,106 | -€10,008 | -124% |
| Provisions and deferred taxes | 16 | €110,000 | €139,695 | +€29,694 | +27.0% |
| Amounts payable | 17/49 | €269,666 | €184,841 | -€84,825 | -31.5% |
| Amounts payable after more than one year | 17 | €199,505 | €159,444 | -€40,061 | -20.1% |
| Amounts payable within one year | 42/48 | €70,160 | €25,397 | -€44,763 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,891 | €26,125 | -€4,766 | -15.4% |
| Gross operating margin | 9900 | €22,139 | €156,854 | +€134,715 | +608% |
| Operating profit (loss) | 9901 | -€14,245 | €120,072 | +€134,316 | |
| Recurring financial income | 75 | €2 | €5 | +€2 | +106% |
| Recurring financial charges | 65 | €2,958 | €4,328 | +€1,370 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,201 | €115,749 | +€132,949 | |
| Profit (loss) for the period | 9904 | €2,206 | -€10,008 | -€12,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,206 | -€10,008 | -€12,214 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.