TERRACOTTERIJ: 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.
TERRACOTTERIJ
Largest movements
- Cash -€3,291
down €3,291 (-84.2%), from €3,911 to €620
mainly Other debts (-€3,509) and Net result for the year (-€3,283)
- Tangible fixed assets -€2,870
down €2,870 (-24.5%), from €11,691 to €8,821
- Other debts -€3,509
down €3,509 (-22.4%), from €15,689 to €12,180
- Profit (loss) carried forward -€3,283
down €3,283 (-221%), from -€1,484 to -€4,767
- Trade debts +€590
new in 2025: €590
- Gross operating margin -€611
down €611 (-58.5%), from €1,044 to €434
- Depreciation +€211
up €211 (+7.9%), from €2,659 to €2,870
- Taxes +€196
new in 2025: €196
- Financial charges +€82
up €82 (+14.4%), from €569 to €651
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 | €26,205 | €20,175 | -€6,030 | -23.0% |
| Fixed assets | 21/28 | €11,691 | €8,821 | -€2,870 | -24.5% |
| Tangible fixed assets | 22/27 | €11,691 | €8,821 | -€2,870 | -24.5% |
| Furniture and vehicles | 24 | €11,691 | €8,821 | -€2,870 | -24.5% |
| Current assets | 29/58 | €14,515 | €11,354 | -€3,160 | -21.8% |
| Stocks and contracts in progress | 3 | €10,500 | €10,500 | = | 0.0% |
| Stocks | 30/36 | €10,500 | €10,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €235 | +€235 | |
| Trade receivables | 40 | - | €235 | +€235 | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €3,911 | €620 | -€3,291 | -84.2% |
| Deferred charges and accrued income | 490/1 | €104 | - | -€104 | |
| Total equity and liabilities | 10/49 | €26,205 | €20,175 | -€6,030 | -23.0% |
| Equity | 10/15 | €10,516 | €7,233 | -€3,283 | -31.2% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,484 | -€4,767 | -€3,283 | -221% |
| Amounts payable | 17/49 | €15,689 | €12,942 | -€2,748 | -17.5% |
| Amounts payable within one year | 42/48 | €15,689 | €12,942 | -€2,748 | -17.5% |
| Trade debts | 44 | - | €590 | +€590 | |
| Suppliers | 440/4 | - | €590 | +€590 | |
| Taxes, remuneration and social security | 45 | - | €171 | +€171 | |
| Taxes | 450/3 | - | €171 | +€171 | |
| Other amounts payable | 47/48 | €15,689 | €12,180 | -€3,509 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,659 | €2,870 | +€211 | +7.9% |
| Gross operating margin | 9900 | €1,044 | €434 | -€611 | -58.5% |
| Operating profit (loss) | 9901 | -€1,615 | -€2,436 | -€821 | -50.9% |
| Financial charges | 65/66B | €569 | €651 | +€82 | +14.4% |
| Recurring financial charges | 65 | €569 | €651 | +€82 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,184 | -€3,087 | -€903 | -41.3% |
| Income taxes | 67/77 | - | €196 | +€196 | |
| Profit (loss) for the period | 9904 | -€2,184 | -€3,283 | -€1,099 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,184 | -€3,283 | -€1,099 | -50.3% |
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.