TerraNergy: 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.
TerraNergy
Largest movements
- Stocks and contracts +€4,682
new in 2025: €4,682
- Deferred charges and accrued income +€1,822
new in 2025: €1,822
- Cash +€615
up €615 (+290%), from €212 to €827
mainly Net result for the year (+€6,743) and Trade debts (+€3,593)
- Profit (loss) carried forward +€6,743
up €6,743 (+2.2%), from -€303,375 to -€296,632
- Other debts -€4,367
down €4,367 (-3.8%), from €115,533 to €111,166
- Trade debts +€3,593
up €3,593 (+2,260%), from €159 to €3,752
- Tax, wage and social debts +€1,150
up €1,150 (+2,739%), from €42 to €1,192
- Gross operating margin +€9,335
up €9,335, from -€2,415 to €6,920
- Other operating charges -€221
down €221 (-74.7%), from €296 to €75
- Financial charges +€72
up €72 (+231%), from €31 to €103
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 | €212 | €7,331 | +€7,119 | +3,358% |
| Current assets | 29/58 | €212 | €7,331 | +€7,119 | +3,358% |
| Stocks and contracts in progress | 3 | - | €4,682 | +€4,682 | |
| Stocks | 30/36 | - | €4,682 | +€4,682 | |
| Cash at bank and in hand | 54/58 | €212 | €827 | +€615 | +290% |
| Deferred charges and accrued income | 490/1 | - | €1,822 | +€1,822 | |
| Total equity and liabilities | 10/49 | €212 | €7,331 | +€7,119 | +3,358% |
| Equity | 10/15 | -€233,375 | -€226,632 | +€6,743 | +2.9% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€303,375 | -€296,632 | +€6,743 | +2.2% |
| Amounts payable | 17/49 | €233,587 | €233,963 | +€376 | +0.2% |
| Amounts payable after more than one year | 17 | €117,853 | €117,853 | = | 0.0% |
| Financial debts | 170/4 | €117,853 | €117,853 | = | 0.0% |
| Amounts payable within one year | 42/48 | €115,734 | €116,110 | +€376 | +0.3% |
| Trade debts | 44 | €159 | €3,752 | +€3,593 | +2,260% |
| Suppliers | 440/4 | €159 | €3,752 | +€3,593 | +2,260% |
| Taxes, remuneration and social security | 45 | €42 | €1,192 | +€1,150 | +2,739% |
| Taxes | 450/3 | €42 | €1,192 | +€1,150 | +2,739% |
| Other amounts payable | 47/48 | €115,533 | €111,166 | -€4,367 | -3.8% |
| Other operating charges | 640/8 | €296 | €75 | -€221 | -74.7% |
| Gross operating margin | 9900 | -€2,415 | €6,920 | +€9,335 | |
| Operating profit (loss) | 9901 | -€2,711 | €6,845 | +€9,556 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €31 | €103 | +€72 | +231% |
| Recurring financial charges | 65 | €31 | €103 | +€72 | +231% |
| Profit (loss) for the period before taxes | 9903 | -€2,742 | €6,743 | +€9,485 | |
| Income taxes | 67/77 | -€7 | - | +€7 | |
| Profit (loss) for the period | 9904 | -€2,735 | €6,743 | +€9,478 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,735 | €6,743 | +€9,478 |
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 14 October 2026 via checked.be.