Terran: 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.
Terran
Largest movements
- Tangible fixed assets -€12,477
down €12,477 (-27.1%), from €46,017 to €33,540
of which Furniture and vehicles: -€10,575
- Receivables within one year -€11,223
down €11,223 (-64.8%), from €17,312 to €6,089
of which Other amounts receivable: -€7,644
- Cash -€4,437
down €4,437 (-19.3%), from €22,955 to €18,518
mainly Net result for the year (-€26,354) and Other debts (-€2,944)
- Profit (loss) carried forward -€26,354
down €26,354 (-321%), from -€8,211 to -€34,565
- Other debts -€2,944
down €2,944 (-3.5%), from €85,000 to €82,056
- Gross operating margin -€35,623
down €35,623, from €27,339 to -€8,283
- Depreciation -€5,202
down €5,202 (-39.6%), from €13,145 to €7,943
- Financial charges -€589
down €589 (-81.7%), from €721 to €132
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 | €86,939 | €58,147 | -€28,792 | -33.1% |
| Fixed assets | 21/28 | €46,017 | €33,540 | -€12,477 | -27.1% |
| Tangible fixed assets | 22/27 | €46,017 | €33,540 | -€12,477 | -27.1% |
| Plant, machinery and equipment | 23 | €3,619 | €1,718 | -€1,901 | -52.5% |
| Furniture and vehicles | 24 | €42,398 | €31,822 | -€10,575 | -24.9% |
| Current assets | 29/58 | €40,922 | €24,607 | -€16,315 | -39.9% |
| Amounts receivable within one year | 40/41 | €17,312 | €6,089 | -€11,223 | -64.8% |
| Trade receivables | 40 | €9,629 | €6,050 | -€3,579 | -37.2% |
| Other amounts receivable | 41 | €7,683 | €39 | -€7,644 | -99.5% |
| Cash at bank and in hand | 54/58 | €22,955 | €18,518 | -€4,437 | -19.3% |
| Deferred charges and accrued income | 490/1 | €656 | - | -€656 | |
| Total equity and liabilities | 10/49 | €86,939 | €58,147 | -€28,792 | -33.1% |
| Equity | 10/15 | -€3,211 | -€29,565 | -€26,354 | -821% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,211 | -€34,565 | -€26,354 | -321% |
| Amounts payable | 17/49 | €90,150 | €87,712 | -€2,438 | -2.7% |
| Amounts payable within one year | 42/48 | €90,150 | €87,712 | -€2,438 | -2.7% |
| Trade debts | 44 | €4,975 | €5,277 | +€302 | +6.1% |
| Suppliers | 440/4 | €4,975 | €5,277 | +€302 | +6.1% |
| Taxes, remuneration and social security | 45 | €175 | €379 | +€204 | +116% |
| Taxes | 450/3 | €175 | €379 | +€204 | +116% |
| Other amounts payable | 47/48 | €85,000 | €82,056 | -€2,944 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,145 | €7,943 | -€5,202 | -39.6% |
| Other operating charges | 640/8 | €379 | €554 | +€175 | +46.2% |
| Non-recurring operating charges | 66A | - | €9,237 | +€9,237 | |
| Gross operating margin | 9900 | €27,339 | -€8,283 | -€35,623 | |
| Operating profit (loss) | 9901 | €13,816 | -€26,018 | -€39,833 | |
| Financial charges | 65/66B | €721 | €132 | -€589 | -81.7% |
| Recurring financial charges | 65 | €721 | €132 | -€589 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €13,094 | -€26,150 | -€39,244 | |
| Income taxes | 67/77 | €182 | €204 | +€22 | +12.0% |
| Profit (loss) for the period | 9904 | €12,913 | -€26,354 | -€39,266 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,913 | -€26,354 | -€39,266 |
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 13 October 2026 via checked.be.