Terra Fruit: 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 Fruit
Largest movements
- Receivables within one year +€40,042
up €40,042 (+2,195%), from €1,824 to €41,866
of which Other amounts receivable: +€22,542
- Cash -€36,918
down €36,918 (-36.4%), from €101,363 to €64,445
mainly Receivables within one year (-€40,042) and Tax, wage and social debts (-€14,013)
- Tax, wage and social debts -€14,013
down €14,013 (-72.7%), from €19,282 to €5,269
- Profit (loss) carried forward +€12,950
up €12,950 (+17.7%), from €72,986 to €85,936
- Trade debts +€3,399
up €3,399 (+41.8%), from €8,131 to €11,530
- Gross operating margin -€22,528
down €22,528 (-51.6%), from €43,698 to €21,170
- Taxes -€4,526
down €4,526 (-46.2%), from €9,795 to €5,269
- Financial charges +€1,144
up €1,144 (+125%), from €914 to €2,058
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,399 | €107,735 | +€2,335 | +2.2% |
| Fixed assets | 21/28 | €2,213 | €1,424 | -€788 | -35.6% |
| Tangible fixed assets | 22/27 | €2,213 | €1,424 | -€788 | -35.6% |
| Plant, machinery and equipment | 23 | €292 | - | -€292 | |
| Furniture and vehicles | 24 | €1,920 | €1,424 | -€496 | -25.8% |
| Current assets | 29/58 | €103,187 | €106,311 | +€3,124 | +3.0% |
| Amounts receivable within one year | 40/41 | €1,824 | €41,866 | +€40,042 | +2,195% |
| Trade receivables | 40 | - | €17,500 | +€17,500 | |
| Other amounts receivable | 41 | €1,824 | €24,366 | +€22,542 | +1,236% |
| Cash at bank and in hand | 54/58 | €101,363 | €64,445 | -€36,918 | -36.4% |
| Total equity and liabilities | 10/49 | €105,399 | €107,735 | +€2,335 | +2.2% |
| Equity | 10/15 | €77,986 | €90,936 | +€12,950 | +16.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,986 | €85,936 | +€12,950 | +17.7% |
| Amounts payable | 17/49 | €27,413 | €16,799 | -€10,615 | -38.7% |
| Amounts payable within one year | 42/48 | €27,413 | €16,799 | -€10,615 | -38.7% |
| Trade debts | 44 | €8,131 | €11,530 | +€3,399 | +41.8% |
| Suppliers | 440/4 | €8,131 | €11,530 | +€3,399 | +41.8% |
| Taxes, remuneration and social security | 45 | €19,282 | €5,269 | -€14,013 | -72.7% |
| Taxes | 450/3 | €19,282 | €5,269 | -€14,013 | -72.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €960 | €788 | -€172 | -17.9% |
| Other operating charges | 640/8 | €713 | €374 | -€339 | -47.6% |
| Gross operating margin | 9900 | €43,698 | €21,170 | -€22,528 | -51.6% |
| Operating profit (loss) | 9901 | €42,025 | €20,008 | -€22,017 | -52.4% |
| Financial income | 75/76B | - | €268 | +€268 | |
| Recurring financial income | 75 | - | €268 | +€268 | |
| Financial charges | 65/66B | €914 | €2,058 | +€1,144 | +125% |
| Recurring financial charges | 65 | €914 | €2,058 | +€1,144 | +125% |
| Profit (loss) for the period before taxes | 9903 | €41,112 | €18,219 | -€22,893 | -55.7% |
| Income taxes | 67/77 | €9,795 | €5,269 | -€4,526 | -46.2% |
| Profit (loss) for the period | 9904 | €31,317 | €12,950 | -€18,367 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,317 | €12,950 | -€18,367 | -58.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.