TerraGram: 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.
TerraGram
Largest movements
- Cash -€5,023
down €5,023 (-21.7%), from €23,128 to €18,106
mainly Investment in fixed assets (net) (-€13,303) and Debts after one year (-€5,597)
- Tangible fixed assets +€4,351
up €4,351 (+15.7%), from €27,654 to €32,005
of which Plant, machinery and equipment: +€9,445
- Receivables within one year +€4,039
up €4,039 (+34.0%), from €11,895 to €15,935
of which Other amounts receivable: +€2,819
- Stocks and contracts +€1,044
new in 2025: €1,044
- Deferred charges and accrued income -€801
down €801 (-100%), from €801 to €0
- Reserves +€8,626
up €8,626 (+25.7%), from €33,616 to €42,242
- Debts after one year -€5,597
down €5,597 (-29.7%), from €18,869 to €13,272
- Tax, wage and social debts +€2,579
up €2,579, from €0 to €2,579
of which Remuneration and social security: +€1,500
- Trade debts -€2,475
down €2,475 (-74.9%), from €3,306 to €831
- Gross operating margin +€28,576
up €28,576 (+513%), from €5,566 to €34,142
- Taxes +€12,015
up €12,015, from €0 to €12,015
- Depreciation +€3,148
up €3,148 (+54.2%), from €5,804 to €8,952
- Financial charges +€2,683
up €2,683 (+184%), from €1,460 to €4,143
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 | €63,478 | €67,089 | +€3,611 | +5.7% |
| Fixed assets | 21/28 | €27,654 | €32,005 | +€4,351 | +15.7% |
| Tangible fixed assets | 22/27 | €27,654 | €32,005 | +€4,351 | +15.7% |
| Plant, machinery and equipment | 23 | €1,390 | €10,835 | +€9,445 | +679% |
| Furniture and vehicles | 24 | €2,616 | €3,190 | +€574 | +21.9% |
| Leasing and similar rights | 25 | €23,647 | €17,979 | -€5,668 | -24.0% |
| Current assets | 29/58 | €35,824 | €35,084 | -€740 | -2.1% |
| Stocks and contracts in progress | 3 | - | €1,044 | +€1,044 | |
| Contracts in progress | 37 | - | €1,044 | +€1,044 | |
| Amounts receivable within one year | 40/41 | €11,895 | €15,935 | +€4,039 | +34.0% |
| Trade receivables | 40 | €1,260 | €2,481 | +€1,221 | +96.9% |
| Other amounts receivable | 41 | €10,635 | €13,454 | +€2,819 | +26.5% |
| Cash at bank and in hand | 54/58 | €23,128 | €18,106 | -€5,023 | -21.7% |
| Deferred charges and accrued income | 490/1 | €801 | €0 | -€801 | -100% |
| Total equity and liabilities | 10/49 | €63,478 | €67,089 | +€3,611 | +5.7% |
| Equity | 10/15 | €35,616 | €44,242 | +€8,626 | +24.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €33,616 | €42,242 | +€8,626 | +25.7% |
| Distributable reserves | 133 | €33,616 | €42,242 | +€8,626 | +25.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €27,862 | €22,847 | -€5,015 | -18.0% |
| Amounts payable after more than one year | 17 | €18,869 | €13,272 | -€5,597 | -29.7% |
| Financial debts | 170/4 | €18,869 | €13,272 | -€5,597 | -29.7% |
| Amounts payable within one year | 42/48 | €8,594 | €9,007 | +€413 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €5,288 | €5,597 | +€309 | +5.8% |
| Trade debts | 44 | €3,306 | €831 | -€2,475 | -74.9% |
| Suppliers | 440/4 | €3,306 | €831 | -€2,475 | -74.9% |
| Taxes, remuneration and social security | 45 | €0 | €2,579 | +€2,579 | |
| Taxes | 450/3 | - | €1,079 | +€1,079 | |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Accrued charges and deferred income | 492/3 | €400 | €568 | +€168 | +42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,804 | €8,952 | +€3,148 | +54.2% |
| Other operating charges | 640/8 | €1,018 | €1,101 | +€82 | +8.1% |
| Gross operating margin | 9900 | €5,566 | €34,142 | +€28,576 | +513% |
| Operating profit (loss) | 9901 | -€1,257 | €24,089 | +€25,346 | |
| Financial income | 75/76B | €805 | €695 | -€110 | -13.7% |
| Recurring financial income | 75 | €805 | €695 | -€110 | -13.7% |
| Financial charges | 65/66B | €1,460 | €4,143 | +€2,683 | +184% |
| Recurring financial charges | 65 | €1,460 | €4,143 | +€2,683 | +184% |
| Profit (loss) for the period before taxes | 9903 | -€1,912 | €20,641 | +€22,553 | |
| Income taxes | 67/77 | €0 | €12,015 | +€12,015 | |
| Profit (loss) for the period | 9904 | -€1,912 | €8,626 | +€10,538 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,912 | €8,626 | +€10,538 |
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 18 October 2026 via checked.be.