TERRAMATIC: 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.
TERRAMATIC
Largest movements
- Tangible fixed assets -€8,670
down €8,670 (-10.4%), from €83,733 to €75,063
- Receivables within one year -€8,444
down €8,444 (-39.5%), from €21,351 to €12,907
of which Trade receivables: -€8,156
- Cash -€2,760
down €2,760 (-28.0%), from €9,857 to €7,097
mainly Net result for the year (-€7,258) and Debts after one year (-€6,910)
- Profit (loss) carried forward -€7,258
down €7,258, from €285 to -€6,973
- Debts after one year -€6,910
down €6,910 (-29.2%), from €23,680 to €16,770
- Trade debts -€5,006
down €5,006 (-98.8%), from €5,068 to €61
- Gross operating margin -€4,245
down €4,245 (-35.2%), from €12,077 to €7,832
- Other operating charges -€265
down €265 (-4.9%), from €5,392 to €5,126
- Financial charges -€183
down €183 (-12.4%), from €1,476 to €1,293
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 | €114,949 | €95,074 | -€19,875 | -17.3% |
| Fixed assets | 21/28 | €83,740 | €75,070 | -€8,670 | -10.4% |
| Tangible fixed assets | 22/27 | €83,733 | €75,063 | -€8,670 | -10.4% |
| Land and buildings | 22 | €83,733 | €75,063 | -€8,670 | -10.4% |
| Financial fixed assets | 28 | €7 | €7 | = | 0.0% |
| Current assets | 29/58 | €31,208 | €20,004 | -€11,204 | -35.9% |
| Amounts receivable within one year | 40/41 | €21,351 | €12,907 | -€8,444 | -39.5% |
| Trade receivables | 40 | €17,156 | €9,000 | -€8,156 | -47.5% |
| Other amounts receivable | 41 | €4,195 | €3,907 | -€288 | -6.9% |
| Cash at bank and in hand | 54/58 | €9,857 | €7,097 | -€2,760 | -28.0% |
| Total equity and liabilities | 10/49 | €114,949 | €95,074 | -€19,875 | -17.3% |
| Equity | 10/15 | €77,999 | €70,741 | -€7,258 | -9.3% |
| Contributions | 10/11 | €70,650 | €70,650 | = | 0.0% |
| Capital | 10 | €70,650 | €70,650 | = | 0.0% |
| Issued capital | 100 | €70,650 | €70,650 | = | 0.0% |
| Reserves | 13 | €7,065 | €7,065 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,065 | €7,065 | = | 0.0% |
| Legal reserve | 130 | €7,065 | €7,065 | = | 0.0% |
| Profit (loss) carried forward | 14 | €285 | -€6,973 | -€7,258 | |
| Amounts payable | 17/49 | €36,950 | €24,333 | -€12,617 | -34.1% |
| Amounts payable after more than one year | 17 | €23,680 | €16,770 | -€6,910 | -29.2% |
| Financial debts | 170/4 | €23,680 | €16,770 | -€6,910 | -29.2% |
| Amounts payable within one year | 42/48 | €13,270 | €7,563 | -€5,707 | -43.0% |
| Current portion of amounts payable after more than one year | 42 | €6,924 | €7,038 | +€114 | +1.7% |
| Trade debts | 44 | €5,068 | €61 | -€5,006 | -98.8% |
| Suppliers | 440/4 | €5,068 | €61 | -€5,006 | -98.8% |
| Taxes, remuneration and social security | 45 | €1,278 | €464 | -€815 | -63.7% |
| Taxes | 450/3 | €1,278 | €464 | -€815 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,670 | €8,670 | = | 0.0% |
| Other operating charges | 640/8 | €5,392 | €5,126 | -€265 | -4.9% |
| Gross operating margin | 9900 | €12,077 | €7,832 | -€4,245 | -35.2% |
| Operating profit (loss) | 9901 | -€1,985 | -€5,965 | -€3,980 | -200.5% |
| Financial charges | 65/66B | €1,476 | €1,293 | -€183 | -12.4% |
| Recurring financial charges | 65 | €1,476 | €1,293 | -€183 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,461 | -€7,258 | -€3,797 | -109.7% |
| Profit (loss) for the period | 9904 | -€3,461 | -€7,258 | -€3,797 | -109.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,461 | -€7,258 | -€3,797 | -109.7% |
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 3 October 2026 via checked.be.