terraGusto: 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.
terraGusto
Largest movements
- Receivables within one year -€18,726
down €18,726 (-35.7%), from €52,432 to €33,706
of which Trade receivables: -€15,440
- Cash -€8,749
down €8,749 (-36.8%), from €23,746 to €14,997
mainly Net result for the year (-€21,308) and Trade debts (-€10,993)
- Profit (loss) carried forward -€21,308
down €21,308, from €1,542 to -€19,766
- Trade debts -€10,993
down €10,993 (-23.2%), from €47,301 to €36,308
- Other debts +€5,492
up €5,492 (+11.4%), from €48,127 to €53,619
- Staff costs +€7,332
up €7,332 (+14.4%), from €50,826 to €58,158
- Gross operating margin +€4,001
up €4,001 (+10.7%), from €37,488 to €41,489
- Depreciation +€1,797
up €1,797 (+170.1%), from €1,056 to €2,853
- Financial income +€528
up €528 (+578.3%), from €91 to €620
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 | €129,052 | €102,534 | -€26,518 | -20.5% |
| Fixed assets | 21/28 | €4,153 | €3,812 | -€341 | -8.2% |
| Tangible fixed assets | 22/27 | €4,153 | €3,812 | -€341 | -8.2% |
| Plant, machinery and equipment | 23 | €1,106 | €1,506 | +€400 | +36.1% |
| Furniture and vehicles | 24 | €3,046 | €2,306 | -€741 | -24.3% |
| Current assets | 29/58 | €124,899 | €98,722 | -€26,177 | -21.0% |
| Stocks and contracts in progress | 3 | €47,865 | €49,131 | +€1,266 | +2.6% |
| Stocks | 30/36 | €47,865 | €49,131 | +€1,266 | +2.6% |
| Amounts receivable within one year | 40/41 | €52,432 | €33,706 | -€18,726 | -35.7% |
| Trade receivables | 40 | €47,241 | €31,801 | -€15,440 | -32.7% |
| Other amounts receivable | 41 | €5,192 | €1,905 | -€3,286 | -63.3% |
| Cash at bank and in hand | 54/58 | €23,746 | €14,997 | -€8,749 | -36.8% |
| Deferred charges and accrued income | 490/1 | €856 | €888 | +€32 | +3.7% |
| Total equity and liabilities | 10/49 | €129,052 | €102,534 | -€26,518 | -20.5% |
| Equity | 10/15 | €21,382 | €74 | -€21,308 | -99.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,542 | -€19,766 | -€21,308 | |
| Amounts payable | 17/49 | €107,670 | €102,460 | -€5,210 | -4.8% |
| Amounts payable within one year | 42/48 | €107,670 | €102,460 | -€5,210 | -4.8% |
| Trade debts | 44 | €47,301 | €36,308 | -€10,993 | -23.2% |
| Suppliers | 440/4 | €47,301 | €36,308 | -€10,993 | -23.2% |
| Taxes, remuneration and social security | 45 | €12,241 | €12,532 | +€290 | +2.4% |
| Taxes | 450/3 | €4,831 | €4,257 | -€574 | -11.9% |
| Remuneration and social security | 454/9 | €7,410 | €8,275 | +€865 | +11.7% |
| Other amounts payable | 47/48 | €48,127 | €53,619 | +€5,492 | +11.4% |
| Remuneration, social security and pensions | 62 | €50,826 | €58,158 | +€7,332 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,056 | €2,853 | +€1,797 | +170.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €391 | - | -€391 | |
| Other operating charges | 640/8 | €1,248 | €1,270 | +€21 | +1.7% |
| Gross operating margin | 9900 | €37,488 | €41,489 | +€4,001 | +10.7% |
| Operating profit (loss) | 9901 | -€16,033 | -€20,791 | -€4,759 | -29.7% |
| Financial income | 75/76B | €91 | €620 | +€528 | +578.3% |
| Recurring financial income | 75 | €91 | €620 | +€528 | +578.3% |
| Financial charges | 65/66B | €1,175 | €882 | -€294 | -25.0% |
| Recurring financial charges | 65 | €1,175 | €882 | -€294 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,117 | -€21,053 | -€3,937 | -23.0% |
| Income taxes | 67/77 | €262 | €255 | -€8 | -3.0% |
| Profit (loss) for the period | 9904 | -€17,379 | -€21,308 | -€3,929 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,379 | -€21,308 | -€3,929 | -22.6% |
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 6 October 2026 via checked.be.