TERRAGRI: 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.
TERRAGRI
Largest movements
- Receivables within one year +€38,994
up €38,994 (+26.2%), from €149,085 to €188,080
of which Other amounts receivable: +€31,659
- Cash -€5,204
down €5,204 (-78.9%), from €6,593 to €1,389
mainly Receivables within one year (-€38,994) and Trade debts (-€13,011)
- Stocks and contracts -€2,755
down €2,755 (-53.5%), from €5,145 to €2,390
- Profit (loss) carried forward +€39,205
up €39,205, from -€10,723 to €28,482
- Trade debts -€13,011
down €13,011 (-70.7%), from €18,410 to €5,399
- Tax, wage and social debts +€3,073
up €3,073 (+33.2%), from €9,248 to €12,321
- Gross operating margin +€29,855
up €29,855 (+152.2%), from €19,620 to €49,475
- Taxes +€3,257
up €3,257 (+1482.7%), from €220 to €3,477
- Financial charges +€2,611
up €2,611 (+78.2%), from €3,339 to €5,950
- Other operating charges -€2,206
down €2,206 (-25.2%), from €8,744 to €6,538
- Financial income -€1,621
down €1,621 (-22.2%), from €7,316 to €5,695
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.
Cash bridge derived
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 | €163,305 | €194,010 | +€30,704 | +18.8% |
| Fixed assets | 21/28 | €624 | €624 | = | 0.0% |
| Financial fixed assets | 28 | €624 | €624 | = | 0.0% |
| Current assets | 29/58 | €162,681 | €193,386 | +€30,704 | +18.9% |
| Stocks and contracts in progress | 3 | €5,145 | €2,390 | -€2,755 | -53.5% |
| Stocks | 30/36 | €5,145 | €2,390 | -€2,755 | -53.5% |
| Amounts receivable within one year | 40/41 | €149,085 | €188,080 | +€38,994 | +26.2% |
| Trade receivables | 40 | €45,302 | €52,636 | +€7,335 | +16.2% |
| Other amounts receivable | 41 | €103,784 | €135,443 | +€31,659 | +30.5% |
| Cash at bank and in hand | 54/58 | €6,593 | €1,389 | -€5,204 | -78.9% |
| Deferred charges and accrued income | 490/1 | €1,858 | €1,527 | -€331 | -17.8% |
| Total equity and liabilities | 10/49 | €163,305 | €194,010 | +€30,704 | +18.8% |
| Equity | 10/15 | €93,999 | €133,204 | +€39,205 | +41.7% |
| Contributions | 10/11 | €101,747 | €101,747 | = | 0.0% |
| Reserves | 13 | €2,975 | €2,975 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,975 | - | -€2,975 | |
| Reserves not available under the articles | 1311 | €2,975 | - | -€2,975 | |
| Distributable reserves | 133 | - | €2,975 | +€2,975 | |
| Profit (loss) carried forward | 14 | -€10,723 | €28,482 | +€39,205 | |
| Amounts payable | 17/49 | €69,306 | €60,806 | -€8,501 | -12.3% |
| Amounts payable within one year | 42/48 | €68,736 | €60,177 | -€8,558 | -12.5% |
| Financial debts | 43 | €28,078 | €29,457 | +€1,379 | +4.9% |
| Credit institutions | 430/8 | €28,078 | €29,457 | +€1,379 | +4.9% |
| Trade debts | 44 | €18,410 | €5,399 | -€13,011 | -70.7% |
| Suppliers | 440/4 | €18,410 | €5,399 | -€13,011 | -70.7% |
| Advances received on contracts in progress | 46 | €13,000 | €13,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,248 | €12,321 | +€3,073 | +33.2% |
| Taxes | 450/3 | €9,248 | €12,321 | +€3,073 | +33.2% |
| Accrued charges and deferred income | 492/3 | €570 | €628 | +€58 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457 | - | -€457 | |
| Other operating charges | 640/8 | €8,744 | €6,538 | -€2,206 | -25.2% |
| Gross operating margin | 9900 | €19,620 | €49,475 | +€29,855 | +152.2% |
| Operating profit (loss) | 9901 | €10,418 | €42,937 | +€32,519 | +312.1% |
| Financial income | 75/76B | €7,316 | €5,695 | -€1,621 | -22.2% |
| Recurring financial income | 75 | €7,316 | €5,695 | -€1,621 | -22.2% |
| Financial charges | 65/66B | €3,339 | €5,950 | +€2,611 | +78.2% |
| Recurring financial charges | 65 | €3,339 | €5,950 | +€2,611 | +78.2% |
| Profit (loss) for the period before taxes | 9903 | €14,395 | €42,682 | +€28,286 | +196.5% |
| Income taxes | 67/77 | €220 | €3,477 | +€3,257 | +1482.7% |
| Profit (loss) for the period | 9904 | €14,176 | €39,205 | +€25,029 | +176.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,176 | €39,205 | +€25,029 | +176.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.