TERRA COTTA: 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 COTTA
Largest movements
- Current investments +€20,785
up €20,785 (+6.8%), from €304,795 to €325,580
- Profit (loss) carried forward +€15,772
up €15,772 (0.0%), from -€43.7m to -€43.7m
- Financial charges -€26,819
down €26,819 (-95.5%), from €28,078 to €1,260
of which Financial charges: -€26,617
- Financial income -€2,051
down €2,051 (-8.5%), from €24,082 to €22,031
- Gross operating margin +€926
up €926 (+21.2%), from -€4,359 to -€3,433
- Other operating charges +€741
new in 2025: €741
- Taxes +€192
up €192 (+33.6%), from €573 to €766
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 | €574,713 | €590,102 | +€15,389 | +2.7% |
| Fixed assets | 21/28 | €198 | €198 | = | 0.0% |
| Tangible fixed assets | 22/27 | €198 | €198 | = | 0.0% |
| Land and buildings | 22 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €574,515 | €589,904 | +€15,389 | +2.7% |
| Amounts receivable within one year | 40/41 | €24,531 | €24,535 | +€5 | 0.0% |
| Trade receivables | 40 | €1,417 | €1,417 | = | 0.0% |
| Other amounts receivable | 41 | €23,113 | €23,118 | +€5 | 0.0% |
| Current investments | 50/53 | €304,795 | €325,580 | +€20,785 | +6.8% |
| Cash at bank and in hand | 54/58 | €245,189 | €239,789 | -€5,400 | -2.2% |
| Total equity and liabilities | 10/49 | €574,713 | €590,102 | +€15,389 | +2.7% |
| Equity | 10/15 | -€43,157,723 | -€43,141,951 | +€15,772 | 0.0% |
| Contributions | 10/11 | €447,000 | €447,000 | = | 0.0% |
| Capital | 10 | €447,000 | €447,000 | = | 0.0% |
| Issued capital | 100 | €447,000 | €447,000 | = | 0.0% |
| Reserves | 13 | €64,811 | €64,811 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,722 | €22,722 | = | 0.0% |
| Legal reserve | 130 | €22,722 | €22,722 | = | 0.0% |
| Distributable reserves | 133 | €42,089 | €42,089 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,669,534 | -€43,653,762 | +€15,772 | 0.0% |
| Provisions and deferred taxes | 16 | €43,728,918 | €43,728,918 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €43,728,918 | €43,728,918 | = | 0.0% |
| Environmental obligations | 163 | €43,702,892 | €43,702,892 | = | 0.0% |
| Other liabilities and charges | 164/5 | €26,026 | €26,026 | = | 0.0% |
| Amounts payable | 17/49 | €3,518 | €3,135 | -€383 | -10.9% |
| Amounts payable within one year | 42/48 | €3,518 | €3,135 | -€383 | -10.9% |
| Trade debts | 44 | €3,316 | €2,933 | -€383 | -11.5% |
| Suppliers | 440/4 | €3,316 | €2,933 | -€383 | -11.5% |
| Other amounts payable | 47/48 | €202 | €202 | = | 0.0% |
| Other operating charges | 640/8 | - | €741 | +€741 | |
| Non-recurring operating charges | 66A | - | €59 | +€59 | |
| Gross operating margin | 9900 | -€4,359 | -€3,433 | +€926 | +21.2% |
| Operating profit (loss) | 9901 | -€4,359 | -€4,233 | +€125 | +2.9% |
| Financial income | 75/76B | €24,082 | €22,031 | -€2,051 | -8.5% |
| Recurring financial income | 75 | €24,082 | €22,031 | -€2,051 | -8.5% |
| Financial charges | 65/66B | €28,078 | €1,260 | -€26,819 | -95.5% |
| Recurring financial charges | 65 | €27,876 | €1,260 | -€26,617 | -95.5% |
| Non-recurring financial charges | 66B | €202 | - | -€202 | |
| Profit (loss) for the period before taxes | 9903 | -€8,355 | €16,538 | +€24,893 | |
| Income taxes | 67/77 | €573 | €766 | +€192 | +33.6% |
| Profit (loss) for the period | 9904 | -€8,928 | €15,772 | +€24,700 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,928 | €15,772 | +€24,700 |
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 29 October 2026 via checked.be.