Terra Inc.: 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 Inc.
Largest movements
- Cash +€103,551
up €103,551 (+78.7%), from €131,496 to €235,047
mainly Net result for the year (+€66,549) and Receivables within one year (+€25,878)
- Receivables within one year -€25,878
down €25,878 (-33.4%), from €77,565 to €51,687
of which Trade receivables: -€19,326
- Reserves +€64,883
up €64,883 (+26.6%), from €243,970 to €308,853
- Tax, wage and social debts +€9,817
up €9,817 (+135.5%), from €7,247 to €17,064
- Current portion of long-term debt -€4,193
no longer reported in 2025 (was €4,193)
- Gross operating margin -€14,399
down €14,399 (-11.7%), from €123,332 to €108,933
- Depreciation -€3,452
down €3,452 (-18.4%), from €18,775 to €15,323
- Taxes -€3,241
down €3,241 (-11.2%), from €29,023 to €25,782
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.
Cash bridge derived
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 | €289,872 | €365,053 | +€75,182 | +25.9% |
| Fixed assets | 21/28 | €78,412 | €76,493 | -€1,919 | -2.4% |
| Tangible fixed assets | 22/27 | €78,412 | €76,493 | -€1,919 | -2.4% |
| Plant, machinery and equipment | 23 | €73,481 | €72,347 | -€1,135 | -1.5% |
| Furniture and vehicles | 24 | €2,973 | €2,841 | -€132 | -4.4% |
| Other tangible fixed assets | 26 | €1,957 | €1,305 | -€652 | -33.3% |
| Current assets | 29/58 | €211,460 | €288,561 | +€77,101 | +36.5% |
| Amounts receivable within one year | 40/41 | €77,565 | €51,687 | -€25,878 | -33.4% |
| Trade receivables | 40 | €70,545 | €51,219 | -€19,326 | -27.4% |
| Other amounts receivable | 41 | €7,020 | €468 | -€6,553 | -93.3% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €131,496 | €235,047 | +€103,551 | +78.7% |
| Deferred charges and accrued income | 490/1 | €2,149 | €1,577 | -€572 | -26.6% |
| Total equity and liabilities | 10/49 | €289,872 | €365,053 | +€75,182 | +25.9% |
| Equity | 10/15 | €262,570 | €327,453 | +€64,883 | +24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €243,970 | €308,853 | +€64,883 | +26.6% |
| Distributable reserves | 133 | €243,970 | €308,853 | +€64,883 | +26.6% |
| Amounts payable | 17/49 | €27,302 | €37,601 | +€10,299 | +37.7% |
| Amounts payable within one year | 42/48 | €27,302 | €37,601 | +€10,299 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €4,193 | - | -€4,193 | |
| Trade debts | 44 | €14,196 | €17,205 | +€3,009 | +21.2% |
| Suppliers | 440/4 | €14,196 | €17,205 | +€3,009 | +21.2% |
| Taxes, remuneration and social security | 45 | €7,247 | €17,064 | +€9,817 | +135.5% |
| Taxes | 450/3 | €7,247 | €17,064 | +€9,817 | +135.5% |
| Other amounts payable | 47/48 | €1,666 | €3,332 | +€1,666 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,775 | €15,323 | -€3,452 | -18.4% |
| Other operating charges | 640/8 | €1,806 | €1,875 | +€68 | +3.8% |
| Gross operating margin | 9900 | €123,332 | €108,933 | -€14,399 | -11.7% |
| Operating profit (loss) | 9901 | €102,751 | €91,735 | -€11,016 | -10.7% |
| Financial income | 75/76B | €9 | €929 | +€920 | +9902.7% |
| Recurring financial income | 75 | €9 | €929 | +€920 | +9902.7% |
| Financial charges | 65/66B | €556 | €334 | -€222 | -40.0% |
| Recurring financial charges | 65 | €556 | €334 | -€222 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €102,204 | €92,331 | -€9,873 | -9.7% |
| Income taxes | 67/77 | €29,023 | €25,782 | -€3,241 | -11.2% |
| Profit (loss) for the period | 9904 | €73,181 | €66,549 | -€6,632 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,181 | €66,549 | -€6,632 | -9.1% |
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 9 October 2026 via checked.be.