TERRADIZE BELGIUM: 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.
TERRADIZE BELGIUM
Largest movements
- Financial fixed assets -€1.0m
down €1.0m (-29.3%), from €3.5m to €2.5m
- Debts after one year -€2.8m
down €2.8m (-80.7%), from €3.4m to €661,416
- Debts within one year +€1.7m
up €1.7m (+1,201%), from €144,280 to €1.9m
of which Other debts: +€1.9m
- Gross operating margin +€3,529
up €3,529 (+70.5%), from -€5,003 to -€1,474
- Other operating charges +€868
new in 2022: €868
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,542,037 | €2,500,100 | -€1.0m | -29.4% |
| Fixed assets | 21/28 | €3,536,800 | €2,500,000 | -€1.0m | -29.3% |
| Financial fixed assets | 28 | €3,536,800 | €2,500,000 | -€1.0m | -29.3% |
| Current assets | 29/58 | €5,237 | €100 | -€5,137 | -98.1% |
| Amounts receivable within one year | 40/41 | €5,237 | - | -€5,237 | |
| Cash at bank and in hand | 54/58 | €1 | €100 | +€100 | +12,444% |
| Total equity and liabilities | 10/49 | €3,542,037 | €2,500,100 | -€1.0m | -29.4% |
| Equity | 10/15 | -€32,683 | -€38,603 | -€5,920 | -18.1% |
| Contributions | 10/11 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€52,683 | -€58,603 | -€5,920 | -11.2% |
| Amounts payable | 17/49 | €3,574,720 | €2,538,703 | -€1.0m | -29.0% |
| Amounts payable after more than one year | 17 | €3,430,440 | €661,416 | -€2.8m | -80.7% |
| Other amounts payable | 178/9 | - | €661,416 | +€661,416 | |
| Amounts payable within one year | 42/48 | €144,280 | €1,877,287 | +€1.7m | +1,201% |
| Trade debts | 44 | - | €868 | +€868 | |
| Suppliers | 440/4 | - | €868 | +€868 | |
| Other amounts payable | 47/48 | - | €1,876,419 | +€1.9m | |
| Other operating charges | 640/8 | - | €868 | +€868 | |
| Gross operating margin | 9900 | -€5,003 | -€1,474 | +€3,529 | +70.5% |
| Operating profit (loss) | 9901 | -€5,003 | -€2,342 | +€2,661 | +53.2% |
| Financial charges | 65/66B | - | €19 | +€19 | |
| Recurring financial charges | 65 | €151 | €19 | -€132 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,154 | -€2,361 | +€2,793 | +54.2% |
| Profit (loss) for the period | 9904 | -€5,154 | -€2,361 | +€2,793 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,154 | -€2,361 | +€2,793 | +54.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.