TERRABIO: 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.
TERRABIO
Largest movements
- Cash +€129,672
up €129,672 (+178%), from €72,887 to €202,559
mainly Net result for the year (+€291,862) and Receivables within one year (+€20,290)
- Receivables within one year -€20,290
down €20,290 (-37.5%), from €54,103 to €33,813
of which Trade receivables: -€21,978
- Tangible fixed assets +€7,943
up €7,943 (+134%), from €5,940 to €13,884
of which Plant, machinery and equipment: +€6,710
- Profit (loss) carried forward +€291,862
up €291,862 (+48.2%), from -€605,755 to -€313,893
- Trade debts -€163,008
down €163,008 (-22.3%), from €731,921 to €568,913
- Debts after one year -€13,225
down €13,225 (-42.3%), from €31,280 to €18,055
- Gross operating margin +€57,974
up €57,974 (+7.6%), from €761,181 to €819,154
- Staff costs -€19,090
down €19,090 (-3.8%), from €500,118 to €481,028
- Other operating charges -€11,928
down €11,928 (-46.0%), from €25,929 to €14,001
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 | €348,530 | €464,958 | +€116,427 | +33.4% |
| Fixed assets | 21/28 | €115,399 | €122,721 | +€7,322 | +6.3% |
| Intangible fixed assets | 21 | €5,963 | €5,092 | -€871 | -14.6% |
| Tangible fixed assets | 22/27 | €5,940 | €13,884 | +€7,943 | +134% |
| Plant, machinery and equipment | 23 | €5,940 | €12,650 | +€6,710 | +113% |
| Furniture and vehicles | 24 | €0 | €1,233 | +€1,233 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €103,495 | €103,745 | +€250 | +0.2% |
| Current assets | 29/58 | €233,131 | €342,237 | +€109,105 | +46.8% |
| Stocks and contracts in progress | 3 | €104,254 | €102,590 | -€1,664 | -1.6% |
| Stocks | 30/36 | €104,254 | €102,590 | -€1,664 | -1.6% |
| Amounts receivable within one year | 40/41 | €54,103 | €33,813 | -€20,290 | -37.5% |
| Trade receivables | 40 | €47,195 | €25,218 | -€21,978 | -46.6% |
| Other amounts receivable | 41 | €6,907 | €8,595 | +€1,687 | +24.4% |
| Cash at bank and in hand | 54/58 | €72,887 | €202,559 | +€129,672 | +178% |
| Deferred charges and accrued income | 490/1 | €1,888 | €3,275 | +€1,387 | +73.5% |
| Total equity and liabilities | 10/49 | €348,530 | €464,958 | +€116,427 | +33.4% |
| Equity | 10/15 | -€549,065 | -€257,204 | +€291,862 | +53.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,632 | €5,632 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €632 | €632 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€605,755 | -€313,893 | +€291,862 | +48.2% |
| Investment grants | 15 | €1,057 | €1,057 | = | 0.0% |
| Amounts payable | 17/49 | €897,596 | €722,161 | -€175,434 | -19.5% |
| Amounts payable after more than one year | 17 | €31,280 | €18,055 | -€13,225 | -42.3% |
| Financial debts | 170/4 | €31,280 | €18,055 | -€13,225 | -42.3% |
| Amounts payable within one year | 42/48 | €865,957 | €701,513 | -€164,443 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €12,208 | €12,208 | = | 0.0% |
| Trade debts | 44 | €731,921 | €568,913 | -€163,008 | -22.3% |
| Suppliers | 440/4 | €731,921 | €568,913 | -€163,008 | -22.3% |
| Taxes, remuneration and social security | 45 | €94,827 | €91,933 | -€2,894 | -3.1% |
| Taxes | 450/3 | €12,168 | €7,626 | -€4,543 | -37.3% |
| Remuneration and social security | 454/9 | €82,659 | €84,307 | +€1,649 | +2.0% |
| Other amounts payable | 47/48 | €27,001 | €28,459 | +€1,459 | +5.4% |
| Accrued charges and deferred income | 492/3 | €359 | €2,593 | +€2,234 | +621% |
| Remuneration, social security and pensions | 62 | €500,118 | €481,028 | -€19,090 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,485 | €4,598 | +€113 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €25,929 | €14,001 | -€11,928 | -46.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €761,181 | €819,154 | +€57,974 | +7.6% |
| Operating profit (loss) | 9901 | €230,648 | €319,527 | +€88,878 | +38.5% |
| Financial income | 75/76B | €422 | €2,189 | +€1,767 | +418% |
| Recurring financial income | 75 | €422 | €2,189 | +€1,767 | +418% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €27,924 | €29,707 | +€1,782 | +6.4% |
| Recurring financial charges | 65 | €27,924 | €29,707 | +€1,782 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €203,146 | €292,009 | +€88,863 | +43.7% |
| Income taxes | 67/77 | - | €148 | +€148 | |
| Profit (loss) for the period | 9904 | €203,146 | €291,862 | +€88,715 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €203,146 | €291,862 | +€88,715 | +43.7% |
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 21 October 2026 via checked.be.