TERRA.PLANTS: 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.PLANTS
Largest movements
- Receivables within one year +€679,595
up €679,595 (+66.4%), from €1.0m to €1.7m
of which Trade receivables: +€659,119
- Current investments -€300,000
down €300,000 (-50.0%), from €600,000 to €300,000
- Cash -€129,027
down €129,027 (-10.9%), from €1.2m to €1.1m
mainly Receivables within one year (-€679,595) and Contributions, distributions and other (-€570,000)
- Trade debts +€350,105
up €350,105 (+60.2%), from €581,901 to €932,007
- Other debts -€102,700
down €102,700 (-25.5%), from €402,700 to €300,000
- Reserves -€78,801
down €78,801 (-2.6%), from €3.0m to €2.9m
- Tax, wage and social debts +€76,376
up €76,376 (+106%), from €72,345 to €148,722
of which Taxes: +€74,066
- Gross operating margin +€184,161
up €184,161 (+15.4%), from €1.2m to €1.4m
- Financial income -€123,895
down €123,895 (-83.8%), from €147,794 to €23,899
- Taxes +€41,558
up €41,558 (+35.5%), from €117,008 to €158,566
- Financial charges -€28,318
down €28,318 (-50.6%), from €55,933 to €27,616
- Staff costs +€17,222
up €17,222 (+2.5%), from €680,518 to €697,741
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 | €4,069,650 | €4,314,630 | +€244,981 | +6.0% |
| Fixed assets | 21/28 | €1,087,258 | €1,079,653 | -€7,606 | -0.7% |
| Tangible fixed assets | 22/27 | €32,356 | €24,626 | -€7,730 | -23.9% |
| Plant, machinery and equipment | 23 | €7,140 | €3,363 | -€3,778 | -52.9% |
| Furniture and vehicles | 24 | €22,202 | €18,787 | -€3,415 | -15.4% |
| Other tangible fixed assets | 26 | €3,013 | €2,476 | -€537 | -17.8% |
| Financial fixed assets | 28 | €1,054,902 | €1,055,026 | +€124 | 0.0% |
| Current assets | 29/58 | €2,982,391 | €3,234,978 | +€252,586 | +8.5% |
| Stocks and contracts in progress | 3 | €152,217 | €153,615 | +€1,398 | +0.9% |
| Stocks | 30/36 | €152,217 | €153,615 | +€1,398 | +0.9% |
| Amounts receivable within one year | 40/41 | €1,023,190 | €1,702,785 | +€679,595 | +66.4% |
| Trade receivables | 40 | €836,942 | €1,496,060 | +€659,119 | +78.8% |
| Other amounts receivable | 41 | €186,249 | €206,725 | +€20,476 | +11.0% |
| Current investments | 50/53 | €600,000 | €300,000 | -€300,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €1,181,571 | €1,052,543 | -€129,027 | -10.9% |
| Deferred charges and accrued income | 490/1 | €25,414 | €26,034 | +€621 | +2.4% |
| Total equity and liabilities | 10/49 | €4,069,650 | €4,314,630 | +€244,981 | +6.0% |
| Equity | 10/15 | €3,012,703 | €2,933,902 | -€78,801 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,994,103 | €2,915,302 | -€78,801 | -2.6% |
| Distributable reserves | 133 | €2,994,103 | €2,915,302 | -€78,801 | -2.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,056,946 | €1,380,728 | +€323,782 | +30.6% |
| Amounts payable within one year | 42/48 | €1,056,946 | €1,380,728 | +€323,782 | +30.6% |
| Trade debts | 44 | €581,901 | €932,007 | +€350,105 | +60.2% |
| Suppliers | 440/4 | €581,901 | €932,007 | +€350,105 | +60.2% |
| Taxes, remuneration and social security | 45 | €72,345 | €148,722 | +€76,376 | +106% |
| Taxes | 450/3 | - | €74,066 | +€74,066 | |
| Remuneration and social security | 454/9 | €72,345 | €74,656 | +€2,310 | +3.2% |
| Other amounts payable | 47/48 | €402,700 | €300,000 | -€102,700 | -25.5% |
| Non-recurring operating income | 76A | €2,210 | €0 | -€2,210 | -100% |
| Remuneration, social security and pensions | 62 | €680,518 | €697,741 | +€17,222 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,080 | €10,147 | +€66 | +0.7% |
| Other operating charges | 640/8 | €5,261 | €16,888 | +€11,627 | +221% |
| Gross operating margin | 9900 | €1,194,095 | €1,378,256 | +€184,161 | +15.4% |
| Operating profit (loss) | 9901 | €498,235 | €653,481 | +€155,246 | +31.2% |
| Financial income | 75/76B | €147,794 | €23,899 | -€123,895 | -83.8% |
| Recurring financial income | 75 | €147,794 | €23,899 | -€123,895 | -83.8% |
| Financial charges | 65/66B | €55,933 | €27,616 | -€28,318 | -50.6% |
| Recurring financial charges | 65 | €55,933 | €27,616 | -€28,318 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €590,096 | €649,765 | +€59,669 | +10.1% |
| Income taxes | 67/77 | €117,008 | €158,566 | +€41,558 | +35.5% |
| Profit (loss) for the period | 9904 | €473,088 | €491,199 | +€18,111 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €473,088 | €491,199 | +€18,111 | +3.8% |
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 30 October 2026 via checked.be.