TERRAHOME: 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.
TERRAHOME
Largest movements
- Stocks and contracts +€104,285
up €104,285 (+35.4%), from €294,252 to €398,537
- Financial fixed assets +€48,000
up €48,000 (+960%), from €5,000 to €53,000
- Cash +€21,473
up €21,473 (+553%), from €3,885 to €25,358
mainly Other debts (+€222,378) and Receivables within one year (+€16,068)
- Receivables within one year -€16,068
down €16,068 (-97.2%), from €16,535 to €467
- Other debts +€222,378
up €222,378 (+262%), from €84,764 to €307,142
- Profit (loss) carried forward -€70,141
down €70,141 (-72.3%), from -€96,968 to -€167,109
- Gross operating margin -€41,736
down €41,736 (-272%), from -€15,356 to -€57,092
- Financial charges +€4,320
up €4,320 (+118%), from €3,646 to €7,966
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 | €324,897 | €479,688 | +€154,791 | +47.6% |
| Fixed assets | 21/28 | €9,226 | €54,193 | +€44,967 | +487% |
| Tangible fixed assets | 22/27 | €4,226 | €1,193 | -€3,033 | -71.8% |
| Plant, machinery and equipment | 23 | €731 | €456 | -€275 | -37.7% |
| Furniture and vehicles | 24 | €3,495 | €737 | -€2,758 | -78.9% |
| Financial fixed assets | 28 | €5,000 | €53,000 | +€48,000 | +960% |
| Current assets | 29/58 | €315,671 | €425,495 | +€109,824 | +34.8% |
| Stocks and contracts in progress | 3 | €294,252 | €398,537 | +€104,285 | +35.4% |
| Stocks | 30/36 | €294,252 | €398,537 | +€104,285 | +35.4% |
| Amounts receivable within one year | 40/41 | €16,535 | €467 | -€16,068 | -97.2% |
| Other amounts receivable | 41 | €16,535 | €467 | -€16,068 | -97.2% |
| Cash at bank and in hand | 54/58 | €3,885 | €25,358 | +€21,473 | +553% |
| Deferred charges and accrued income | 490/1 | €999 | €1,134 | +€135 | +13.5% |
| Total equity and liabilities | 10/49 | €324,897 | €479,688 | +€154,791 | +47.6% |
| Equity | 10/15 | €239,082 | €168,941 | -€70,141 | -29.3% |
| Contributions | 10/11 | €105,050 | €105,050 | = | 0.0% |
| Reserves | 13 | €231,000 | €231,000 | = | 0.0% |
| Distributable reserves | 133 | €231,000 | €231,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,968 | -€167,109 | -€70,141 | -72.3% |
| Amounts payable | 17/49 | €85,815 | €310,747 | +€224,932 | +262% |
| Amounts payable within one year | 42/48 | €85,815 | €310,747 | +€224,932 | +262% |
| Trade debts | 44 | - | €84 | +€84 | |
| Suppliers | 440/4 | - | €84 | +€84 | |
| Taxes, remuneration and social security | 45 | €1,051 | €3,521 | +€2,470 | +235% |
| Taxes | 450/3 | €1,051 | €3,521 | +€2,470 | +235% |
| Other amounts payable | 47/48 | €84,764 | €307,142 | +€222,378 | +262% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,092 | €4,110 | +€18 | +0.5% |
| Other operating charges | 640/8 | €1,179 | €807 | -€372 | -31.6% |
| Gross operating margin | 9900 | -€15,356 | -€57,092 | -€41,736 | -272% |
| Operating profit (loss) | 9901 | -€20,627 | -€62,010 | -€41,383 | -201% |
| Financial charges | 65/66B | €3,646 | €7,966 | +€4,320 | +118% |
| Recurring financial charges | 65 | €3,646 | €7,966 | +€4,320 | +118% |
| Profit (loss) for the period before taxes | 9903 | -€24,273 | -€69,975 | -€45,702 | -188% |
| Income taxes | 67/77 | €174 | €165 | -€9 | -5.2% |
| Profit (loss) for the period | 9904 | -€24,447 | -€70,140 | -€45,693 | -187% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,447 | -€70,140 | -€45,693 | -187% |
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 30 October 2026 via checked.be.