TERRA PRODUCTS: 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 PRODUCTS
Largest movements
- Receivables within one year -€282,530
down €282,530 (-50.2%), from €563,198 to €280,668
of which Trade receivables: -€281,220
- Current investments +€120,000
new in 2025: €120,000
- Cash +€22,111
up €22,111 (+8.6%), from €256,567 to €278,678
mainly Receivables within one year (+€282,530) and Depreciation (+€17,723)
- Tangible fixed assets -€10,248
down €10,248 (-12.8%), from €79,828 to €69,580
of which Furniture and vehicles: -€12,418
- Trade debts -€133,450
down €133,450 (-23.9%), from €559,123 to €425,673
- Tax, wage and social debts -€16,703
down €16,703 (-23.4%), from €71,353 to €54,650
of which Taxes: -€11,253
- Provisions -€13,815
down €13,815 (-7.8%), from €176,627 to €162,813
- Reserves +€13,301
up €13,301 (+45.3%), from €29,376 to €42,677
of which Distributable reserves: +€13,301
- Gross operating margin -€137,613
down €137,613 (-62.8%), from €219,114 to €81,501
- Staff costs -€101,532
down €101,532 (-70.5%), from €144,078 to €42,546
- Depreciation -€15,617
down €15,617 (-46.8%), from €33,340 to €17,723
- Taxes -€5,508
down €5,508 (-47.0%), from €11,717 to €6,209
- Other operating charges -€3,142
down €3,142 (-11.8%), from €26,593 to €23,452
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 | €902,979 | €752,312 | -€150,667 | -16.7% |
| Fixed assets | 21/28 | €79,964 | €69,716 | -€10,248 | -12.8% |
| Tangible fixed assets | 22/27 | €79,828 | €69,580 | -€10,248 | -12.8% |
| Land and buildings | 22 | €51,234 | €53,404 | +€2,170 | +4.2% |
| Furniture and vehicles | 24 | €28,594 | €16,176 | -€12,418 | -43.4% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €823,014 | €682,596 | -€140,419 | -17.1% |
| Stocks and contracts in progress | 3 | €3,250 | €3,250 | = | 0.0% |
| Stocks | 30/36 | €3,250 | €3,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €563,198 | €280,668 | -€282,530 | -50.2% |
| Trade receivables | 40 | €561,886 | €280,665 | -€281,220 | -50.0% |
| Other amounts receivable | 41 | €1,312 | €3 | -€1,310 | -99.8% |
| Current investments | 50/53 | - | €120,000 | +€120,000 | |
| Cash at bank and in hand | 54/58 | €256,567 | €278,678 | +€22,111 | +8.6% |
| Total equity and liabilities | 10/49 | €902,979 | €752,312 | -€150,667 | -16.7% |
| Equity | 10/15 | €94,376 | €107,677 | +€13,301 | +14.1% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €29,376 | €42,677 | +€13,301 | +45.3% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,874 | €7,874 | = | 0.0% |
| Distributable reserves | 133 | €15,001 | €28,303 | +€13,301 | +88.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €176,627 | €162,813 | -€13,815 | -7.8% |
| Provisions for liabilities and charges | 160/5 | €176,627 | €162,813 | -€13,815 | -7.8% |
| Major repairs and maintenance | 162 | €170,583 | €157,970 | -€12,613 | -7.4% |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €6,044 | €4,843 | -€1,201 | -19.9% |
| Amounts payable | 17/49 | €631,976 | €481,823 | -€150,153 | -23.8% |
| Amounts payable within one year | 42/48 | €630,476 | €480,323 | -€150,153 | -23.8% |
| Trade debts | 44 | €559,123 | €425,673 | -€133,450 | -23.9% |
| Suppliers | 440/4 | €559,123 | €425,673 | -€133,450 | -23.9% |
| Taxes, remuneration and social security | 45 | €71,353 | €54,650 | -€16,703 | -23.4% |
| Taxes | 450/3 | €15,263 | €4,010 | -€11,253 | -73.7% |
| Remuneration and social security | 454/9 | €56,090 | €50,640 | -€5,450 | -9.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €144,078 | €42,546 | -€101,532 | -70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,340 | €17,723 | -€15,617 | -46.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€14,924 | -€13,815 | +€1,109 | +7.4% |
| Other operating charges | 640/8 | €26,593 | €23,452 | -€3,142 | -11.8% |
| Gross operating margin | 9900 | €219,114 | €81,501 | -€137,613 | -62.8% |
| Operating profit (loss) | 9901 | €30,028 | €11,595 | -€18,432 | -61.4% |
| Financial income | 75/76B | €7,495 | €8,198 | +€703 | +9.4% |
| Recurring financial income | 75 | €7,495 | €8,198 | +€703 | +9.4% |
| Financial charges | 65/66B | €397 | €283 | -€114 | -28.7% |
| Recurring financial charges | 65 | €397 | €283 | -€114 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €37,126 | €19,510 | -€17,616 | -47.4% |
| Income taxes | 67/77 | €11,717 | €6,209 | -€5,508 | -47.0% |
| Profit (loss) for the period | 9904 | €25,409 | €13,301 | -€12,107 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,409 | €13,301 | -€12,107 | -47.6% |
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 30 October 2026 via checked.be.