Terra Estates Services: 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 Estates Services
Largest movements
- Receivables within one year -€2,994
down €2,994 (-14.8%), from €20,209 to €17,215
of which Trade receivables: -€3,005
- Cash -€1,538
down €1,538 (-30.1%), from €5,106 to €3,568
mainly Net result for the year (-€5,846) and Tax, wage and social debts (-€3,577)
- Trade debts +€7,859
up €7,859 (+188%), from €4,170 to €12,029
- Profit (loss) carried forward -€5,846
down €5,846 (-50.3%), from -€11,620 to -€17,467
- Tax, wage and social debts -€3,577
down €3,577 (-100%), from €3,577 to €0
- Other debts -€2,967
down €2,967 (-11.8%), from €25,188 to €22,221
- Gross operating margin -€6,798
down €6,798, from €1,796 to -€5,003
- Other operating charges -€172
down €172 (-22.4%), from €767 to €595
- Financial charges +€114
up €114 (+172%), from €66 to €180
- Staff costs +€68
up €68, from €0 to €68
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 | €25,315 | €20,784 | -€4,532 | -17.9% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €25,315 | €20,784 | -€4,532 | -17.9% |
| Amounts receivable within one year | 40/41 | €20,209 | €17,215 | -€2,994 | -14.8% |
| Trade receivables | 40 | €17,197 | €14,192 | -€3,005 | -17.5% |
| Other amounts receivable | 41 | €3,012 | €3,023 | +€11 | +0.4% |
| Cash at bank and in hand | 54/58 | €5,106 | €3,568 | -€1,538 | -30.1% |
| Total equity and liabilities | 10/49 | €25,315 | €20,784 | -€4,532 | -17.9% |
| Equity | 10/15 | -€7,620 | -€13,467 | -€5,846 | -76.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,620 | -€17,467 | -€5,846 | -50.3% |
| Amounts payable | 17/49 | €32,935 | €34,250 | +€1,315 | +4.0% |
| Amounts payable within one year | 42/48 | €32,935 | €34,250 | +€1,315 | +4.0% |
| Trade debts | 44 | €4,170 | €12,029 | +€7,859 | +188% |
| Suppliers | 440/4 | €4,170 | €12,029 | +€7,859 | +188% |
| Taxes, remuneration and social security | 45 | €3,577 | €0 | -€3,577 | -100% |
| Taxes | 450/3 | €3,577 | €0 | -€3,577 | -100% |
| Other amounts payable | 47/48 | €25,188 | €22,221 | -€2,967 | -11.8% |
| Remuneration, social security and pensions | 62 | €0 | €68 | +€68 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €767 | €595 | -€172 | -22.4% |
| Gross operating margin | 9900 | €1,796 | -€5,003 | -€6,798 | |
| Operating profit (loss) | 9901 | €1,029 | -€5,666 | -€6,695 | |
| Financial income | 75/76B | €29 | €0 | -€29 | -100% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -100% |
| Financial charges | 65/66B | €66 | €180 | +€114 | +172% |
| Recurring financial charges | 65 | €66 | €180 | +€114 | +172% |
| Profit (loss) for the period before taxes | 9903 | €991 | -€5,846 | -€6,838 | |
| Profit (loss) for the period | 9904 | €991 | -€5,846 | -€6,838 | |
| Profit (loss) for the period to be appropriated | 9905 | €991 | -€5,846 | -€6,838 |
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 18 October 2026 via checked.be.