TERRACOM: what changed
Two fiscal 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.
TERRACOM
Largest movements
- Receivables within one year -€33,323
down €33,323 (-99.5%), from €33,495 to €172
- Profit (loss) carried forward -€54,079
down €54,079 (-36.2%), from -€149,570 to -€203,648
- Other debts +€12,759
new in 2025: €12,759
- Trade debts +€7,956
up €7,956 (+657.6%), from €1,210 to €9,166
- Gross operating margin -€7,556
down €7,556 (-304.1%), from -€2,485 to -€10,041
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 | €613,800 | €580,437 | -€33,363 | -5.4% |
| Fixed assets | 21/28 | €246 | €0 | -€246 | -100.0% |
| Financial fixed assets | 28 | €246 | €0 | -€246 | -100.0% |
| Current assets | 29/58 | €613,554 | €580,437 | -€33,117 | -5.4% |
| Stocks and contracts in progress | 3 | €580,000 | €580,000 | = | 0.0% |
| Stocks | 30/36 | €580,000 | €580,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,495 | €172 | -€33,323 | -99.5% |
| Other amounts receivable | 41 | €33,495 | €172 | -€33,323 | -99.5% |
| Cash at bank and in hand | 54/58 | €59 | €265 | +€206 | +348.4% |
| Total equity and liabilities | 10/49 | €613,800 | €580,437 | -€33,363 | -5.4% |
| Equity | 10/15 | €267,590 | €213,512 | -€54,079 | -20.2% |
| Contributions | 10/11 | €108,000 | €108,000 | = | 0.0% |
| Outside capital | 11 | - | €108,000 | +€108,000 | |
| Share premium | 1100/10 | - | €108,000 | +€108,000 | |
| Revaluation surpluses | 12 | €309,160 | €309,160 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,570 | -€203,648 | -€54,079 | -36.2% |
| Amounts payable | 17/49 | €346,210 | €366,925 | +€20,715 | +6.0% |
| Amounts payable after more than one year | 17 | €345,000 | €345,000 | = | 0.0% |
| Financial debts | 170/4 | €345,000 | €345,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,210 | €21,925 | +€20,715 | +1712.0% |
| Trade debts | 44 | €1,210 | €9,166 | +€7,956 | +657.6% |
| Suppliers | 440/4 | €1,210 | €9,166 | +€7,956 | +657.6% |
| Other amounts payable | 47/48 | - | €12,759 | +€12,759 | |
| Non-recurring operating charges | 66A | - | €44,000 | +€44,000 | |
| Gross operating margin | 9900 | -€2,485 | -€10,041 | -€7,556 | -304.1% |
| Operating profit (loss) | 9901 | -€2,485 | -€54,041 | -€51,556 | -2074.7% |
| Financial charges | 65/66B | €41 | €38 | -€4 | -9.5% |
| Recurring financial charges | 65 | €41 | €38 | -€4 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,526 | -€54,079 | -€51,552 | -2040.5% |
| Profit (loss) for the period | 9904 | -€2,526 | -€54,079 | -€51,552 | -2040.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,526 | -€54,079 | -€51,552 | -2040.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.