Terragé: 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.
Terragé
Largest movements
- Receivables within one year -€10,971
down €10,971 (-54.0%), from €20,331 to €9,360
of which Trade receivables: -€14,035
- Cash -€1,602
down €1,602 (-73.0%), from €2,195 to €592
mainly Trade debts (-€8,852) and Net result for the year (-€7,356)
- Deferred charges and accrued income -€738
down €738 (-60.0%), from €1,229 to €491
- Tangible fixed assets -€407
down €407 (-35.2%), from €1,157 to €749
- Trade debts -€8,852
down €8,852 (-89.6%), from €9,884 to €1,032
- Profit (loss) carried forward -€7,356
down €7,356, from €5,001 to -€2,355
- Other debts +€4,339
new in 2024: €4,339
- Tax, wage and social debts -€1,849
down €1,849 (-41.8%), from €4,426 to €2,576
- Gross operating margin -€13,553
down €13,553, from €6,776 to -€6,777
- Taxes -€1,737
down €1,737, from €1,727 to -€11
- Depreciation +€342
up €342 (+520.7%), from €66 to €407
- Other operating charges +€131
up €131 (+126.7%), from €103 to €234
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,911 | €11,193 | -€13,718 | -55.1% |
| Fixed assets | 21/28 | €1,157 | €749 | -€407 | -35.2% |
| Tangible fixed assets | 22/27 | €1,157 | €749 | -€407 | -35.2% |
| Furniture and vehicles | 24 | €1,157 | €749 | -€407 | -35.2% |
| Current assets | 29/58 | €23,754 | €10,443 | -€13,311 | -56.0% |
| Amounts receivable within one year | 40/41 | €20,331 | €9,360 | -€10,971 | -54.0% |
| Trade receivables | 40 | €17,173 | €3,138 | -€14,035 | -81.7% |
| Other amounts receivable | 41 | €3,158 | €6,222 | +€3,064 | +97.0% |
| Cash at bank and in hand | 54/58 | €2,195 | €592 | -€1,602 | -73.0% |
| Deferred charges and accrued income | 490/1 | €1,229 | €491 | -€738 | -60.0% |
| Total equity and liabilities | 10/49 | €24,911 | €11,193 | -€13,718 | -55.1% |
| Equity | 10/15 | €10,601 | €3,245 | -€7,356 | -69.4% |
| Contributions | 10/11 | €5,600 | €5,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,001 | -€2,355 | -€7,356 | |
| Amounts payable | 17/49 | €14,310 | €7,947 | -€6,362 | -44.5% |
| Amounts payable within one year | 42/48 | €14,310 | €7,947 | -€6,362 | -44.5% |
| Trade debts | 44 | €9,884 | €1,032 | -€8,852 | -89.6% |
| Suppliers | 440/4 | €9,884 | €1,032 | -€8,852 | -89.6% |
| Taxes, remuneration and social security | 45 | €4,426 | €2,576 | -€1,849 | -41.8% |
| Taxes | 450/3 | €4,426 | €2,576 | -€1,849 | -41.8% |
| Other amounts payable | 47/48 | - | €4,339 | +€4,339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66 | €407 | +€342 | +520.7% |
| Other operating charges | 640/8 | €103 | €234 | +€131 | +126.7% |
| Gross operating margin | 9900 | €6,776 | -€6,777 | -€13,553 | |
| Operating profit (loss) | 9901 | €6,607 | -€7,418 | -€14,025 | |
| Financial income | 75/76B | €188 | €126 | -€62 | -33.1% |
| Recurring financial income | 75 | €188 | €126 | -€62 | -33.1% |
| Financial charges | 65/66B | €67 | €74 | +€7 | +11.0% |
| Recurring financial charges | 65 | €67 | €74 | +€7 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €6,728 | -€7,367 | -€14,095 | |
| Income taxes | 67/77 | €1,727 | -€11 | -€1,737 | |
| Profit (loss) for the period | 9904 | €5,001 | -€7,356 | -€12,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,001 | -€7,356 | -€12,357 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.