TerraConsult: 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.
TerraConsult
Largest movements
- Cash -€16,872
down €16,872 (-33.7%), from €50,049 to €33,177
mainly Contributions, distributions and other (-€106,168) and Investment in fixed assets (net) (-€5,924)
- Receivables within one year -€2,888
down €2,888 (-9.7%), from €29,793 to €26,905
of which Other amounts receivable: -€3,688
- Deferred charges and accrued income -€2,827
down €2,827 (-83.5%), from €3,383 to €557
- Reserves -€42,822
no longer reported in 2025 (was €42,822)
- Other debts +€15,629
up €15,629 (+31.5%), from €49,588 to €65,217
- Tax, wage and social debts +€6,477
up €6,477 (+86.4%), from €7,500 to €13,977
- Trade debts -€1,204
down €1,204 (-22.9%), from €5,250 to €4,046
- Gross operating margin +€35,507
up €35,507 (+63.4%), from €56,024 to €91,532
- Taxes +€8,294
up €8,294 (+76.5%), from €10,845 to €19,139
- Financial charges -€989
down €989 (-26.2%), from €3,772 to €2,783
- Depreciation +€945
up €945 (+21.9%), from €4,313 to €5,258
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 | €107,660 | €85,739 | -€21,921 | -20.4% |
| Fixed assets | 21/28 | €24,434 | €25,099 | +€666 | +2.7% |
| Tangible fixed assets | 22/27 | €24,434 | €25,099 | +€666 | +2.7% |
| Land and buildings | 22 | €12,831 | €14,992 | +€2,160 | +16.8% |
| Plant, machinery and equipment | 23 | €2,393 | €1,760 | -€633 | -26.4% |
| Furniture and vehicles | 24 | €5,591 | €5,328 | -€264 | -4.7% |
| Other tangible fixed assets | 26 | €3,618 | €3,020 | -€598 | -16.5% |
| Current assets | 29/58 | €83,226 | €60,639 | -€22,587 | -27.1% |
| Amounts receivable within one year | 40/41 | €29,793 | €26,905 | -€2,888 | -9.7% |
| Trade receivables | 40 | €20,950 | €21,750 | +€800 | +3.8% |
| Other amounts receivable | 41 | €8,843 | €5,155 | -€3,688 | -41.7% |
| Cash at bank and in hand | 54/58 | €50,049 | €33,177 | -€16,872 | -33.7% |
| Deferred charges and accrued income | 490/1 | €3,383 | €557 | -€2,827 | -83.5% |
| Total equity and liabilities | 10/49 | €107,660 | €85,739 | -€21,921 | -20.4% |
| Equity | 10/15 | €45,322 | €2,500 | -€42,822 | -94.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €42,822 | - | -€42,822 | |
| Distributable reserves | 133 | €42,822 | - | -€42,822 | |
| Amounts payable | 17/49 | €62,338 | €83,239 | +€20,901 | +33.5% |
| Amounts payable within one year | 42/48 | €62,338 | €83,239 | +€20,901 | +33.5% |
| Trade debts | 44 | €5,250 | €4,046 | -€1,204 | -22.9% |
| Suppliers | 440/4 | €5,250 | €4,046 | -€1,204 | -22.9% |
| Taxes, remuneration and social security | 45 | €7,500 | €13,977 | +€6,477 | +86.4% |
| Taxes | 450/3 | €7,500 | €13,977 | +€6,477 | +86.4% |
| Other amounts payable | 47/48 | €49,588 | €65,217 | +€15,629 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,313 | €5,258 | +€945 | +21.9% |
| Other operating charges | 640/8 | €1,316 | €1,020 | -€296 | -22.5% |
| Non-recurring operating charges | 66A | €1,937 | - | -€1,937 | |
| Gross operating margin | 9900 | €56,024 | €91,532 | +€35,507 | +63.4% |
| Operating profit (loss) | 9901 | €48,459 | €85,254 | +€36,795 | +75.9% |
| Financial income | 75/76B | €34 | €14 | -€20 | -59.0% |
| Recurring financial income | 75 | €34 | €14 | -€20 | -59.0% |
| Financial charges | 65/66B | €3,772 | €2,783 | -€989 | -26.2% |
| Recurring financial charges | 65 | €3,772 | €2,783 | -€989 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €44,721 | €82,485 | +€37,764 | +84.4% |
| Income taxes | 67/77 | €10,845 | €19,139 | +€8,294 | +76.5% |
| Profit (loss) for the period | 9904 | €33,876 | €63,346 | +€29,470 | +87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,876 | €63,346 | +€29,470 | +87.0% |
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 25 October 2026 via checked.be.