TERRA METRIS: 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 METRIS
Largest movements
- Stocks and contracts -€279,000
down €279,000 (-67.0%), from €416,628 to €137,628
- Cash +€6,613
up €6,613 (+65.8%), from €10,052 to €16,664
mainly Stocks and contracts (+€279,000) and Depreciation (+€3,154)
- Current portion of long-term debt -€250,000
no longer reported in 2025 (was €250,000)
- Profit (loss) carried forward -€20,967
down €20,967 (-37.0%), from -€56,648 to -€77,615
- Accrued charges and deferred income -€8,438
down €8,438 (-30.0%), from €28,125 to €19,688
- Financial charges -€23,720
down €23,720 (-83.8%), from €28,307 to €4,587
- Gross operating margin +€5,908
up €5,908 (+31.3%), from -€18,884 to -€12,977
- Other operating charges -€3,229
down €3,229 (-92.8%), from €3,479 to €250
- Depreciation -€2,646
down €2,646 (-45.6%), from €5,800 to €3,154
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 | €430,949 | €154,292 | -€276,657 | -64.2% |
| Fixed assets | 21/28 | €3,154 | - | -€3,154 | |
| Tangible fixed assets | 22/27 | €3,154 | - | -€3,154 | |
| Furniture and vehicles | 24 | €3,154 | - | -€3,154 | |
| Current assets | 29/58 | €427,795 | €154,292 | -€273,503 | -63.9% |
| Stocks and contracts in progress | 3 | €416,628 | €137,628 | -€279,000 | -67.0% |
| Stocks | 30/36 | €416,628 | €137,628 | -€279,000 | -67.0% |
| Cash at bank and in hand | 54/58 | €10,052 | €16,664 | +€6,613 | +65.8% |
| Deferred charges and accrued income | 490/1 | €1,115 | - | -€1,115 | |
| Total equity and liabilities | 10/49 | €430,949 | €154,292 | -€276,657 | -64.2% |
| Equity | 10/15 | €89,876 | €68,909 | -€20,967 | -23.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,924 | €127,924 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €126,064 | €127,924 | +€1,860 | +1.5% |
| Profit (loss) carried forward | 14 | -€56,648 | -€77,615 | -€20,967 | -37.0% |
| Amounts payable | 17/49 | €341,073 | €85,383 | -€255,690 | -75.0% |
| Amounts payable within one year | 42/48 | €312,948 | €65,696 | -€247,252 | -79.0% |
| Current portion of amounts payable after more than one year | 42 | €250,000 | - | -€250,000 | |
| Trade debts | 44 | €611 | €269 | -€342 | -55.9% |
| Suppliers | 440/4 | €611 | €269 | -€342 | -55.9% |
| Taxes, remuneration and social security | 45 | €359 | €1,483 | +€1,124 | +313% |
| Taxes | 450/3 | €359 | €1,483 | +€1,124 | +313% |
| Other amounts payable | 47/48 | €61,978 | €63,943 | +€1,965 | +3.2% |
| Accrued charges and deferred income | 492/3 | €28,125 | €19,688 | -€8,438 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,800 | €3,154 | -€2,646 | -45.6% |
| Other operating charges | 640/8 | €3,479 | €250 | -€3,229 | -92.8% |
| Gross operating margin | 9900 | -€18,884 | -€12,977 | +€5,908 | +31.3% |
| Operating profit (loss) | 9901 | -€28,163 | -€16,381 | +€11,782 | +41.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €28,307 | €4,587 | -€23,720 | -83.8% |
| Recurring financial charges | 65 | €28,307 | €4,587 | -€23,720 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | -€56,470 | -€20,967 | +€35,502 | +62.9% |
| Income taxes | 67/77 | €178 | - | -€178 | |
| Profit (loss) for the period | 9904 | -€56,648 | -€20,967 | +€35,681 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,648 | -€20,967 | +€35,681 | +63.0% |
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 22 October 2026 via checked.be.