TerraLegis: 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.
TerraLegis
Largest movements
- Cash -€12,722
down €12,722 (-33.2%), from €38,334 to €25,612
mainly Other debts (-€13,127) and Tax, wage and social debts (-€1,731)
- Receivables within one year +€1,579
up €1,579 (+206%), from €765 to €2,344
- Tangible fixed assets -€703
down €703 (-14.6%), from €4,811 to €4,107
- Other debts -€13,127
down €13,127 (-79.2%), from €16,568 to €3,441
- Profit (loss) carried forward +€3,933
up €3,933 (+15.2%), from €25,870 to €29,803
- Tax, wage and social debts -€1,731
down €1,731 (-56.0%), from €3,092 to €1,362
of which Remuneration and social security: -€1,150
- Trade debts -€547
down €547 (-13.1%), from €4,172 to €3,625
- Gross operating margin -€3,447
down €3,447 (-31.8%), from €10,836 to €7,389
- Taxes -€564
down €564 (-28.4%), from €1,985 to €1,421
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 | €52,302 | €40,831 | -€11,471 | -21.9% |
| Fixed assets | 21/28 | €4,811 | €4,107 | -€703 | -14.6% |
| Tangible fixed assets | 22/27 | €4,811 | €4,107 | -€703 | -14.6% |
| Plant, machinery and equipment | 23 | €4,811 | €4,107 | -€703 | -14.6% |
| Current assets | 29/58 | €47,492 | €36,723 | -€10,768 | -22.7% |
| Stocks and contracts in progress | 3 | €7,715 | €8,001 | +€287 | +3.7% |
| Stocks | 30/36 | €7,715 | €8,001 | +€287 | +3.7% |
| Amounts receivable within one year | 40/41 | €765 | €2,344 | +€1,579 | +206% |
| Other amounts receivable | 41 | €765 | €2,344 | +€1,579 | +206% |
| Cash at bank and in hand | 54/58 | €38,334 | €25,612 | -€12,722 | -33.2% |
| Deferred charges and accrued income | 490/1 | €678 | €766 | +€88 | +13.0% |
| Total equity and liabilities | 10/49 | €52,302 | €40,831 | -€11,471 | -21.9% |
| Equity | 10/15 | €27,870 | €31,803 | +€3,933 | +14.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,870 | €29,803 | +€3,933 | +15.2% |
| Amounts payable | 17/49 | €24,432 | €9,027 | -€15,405 | -63.1% |
| Amounts payable within one year | 42/48 | €23,832 | €8,427 | -€15,405 | -64.6% |
| Trade debts | 44 | €4,172 | €3,625 | -€547 | -13.1% |
| Suppliers | 440/4 | €4,172 | €3,625 | -€547 | -13.1% |
| Taxes, remuneration and social security | 45 | €3,092 | €1,362 | -€1,731 | -56.0% |
| Taxes | 450/3 | €1,942 | €1,362 | -€581 | -29.9% |
| Remuneration and social security | 454/9 | €1,150 | - | -€1,150 | |
| Other amounts payable | 47/48 | €16,568 | €3,441 | -€13,127 | -79.2% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €703 | €703 | = | 0.0% |
| Other operating charges | 640/8 | €473 | €395 | -€78 | -16.5% |
| Gross operating margin | 9900 | €10,836 | €7,389 | -€3,447 | -31.8% |
| Operating profit (loss) | 9901 | €9,660 | €6,291 | -€3,369 | -34.9% |
| Financial income | 75/76B | €10 | €1 | -€9 | -88.7% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -88.7% |
| Financial charges | 65/66B | €120 | €105 | -€15 | -12.2% |
| Recurring financial charges | 65 | €120 | €105 | -€15 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €9,550 | €6,187 | -€3,363 | -35.2% |
| Income taxes | 67/77 | €1,985 | €1,421 | -€564 | -28.4% |
| Profit (loss) for the period | 9904 | €7,565 | €4,766 | -€2,799 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,565 | €4,766 | -€2,799 | -37.0% |
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 24 October 2026 via checked.be.