TERRANIMUS: 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.
TERRANIMUS
Largest movements
- Tangible fixed assets +€99,849
up €99,849 (+8.0%), from €1.3m to €1.4m
of which Leasing and similar rights: +€56,060
- Cash +€20,885
up €20,885 (+7.1%), from €295,750 to €316,635
mainly Other debts (+€140,281) and Depreciation (+€67,893)
- Other debts +€140,281
up €140,281 (+146%), from €96,368 to €236,648
- Gross operating margin +€21,247
up €21,247 (+15.6%), from €136,577 to €157,824
- Other operating charges -€18,404
down €18,404 (-77.5%), from €23,739 to €5,335
- Depreciation +€14,076
up €14,076 (+26.2%), from €53,817 to €67,893
- Taxes +€6,299
up €6,299 (+35.7%), from €17,631 to €23,930
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 | €1,566,819 | €1,701,302 | +€134,483 | +8.6% |
| Fixed assets | 21/28 | €1,254,287 | €1,354,136 | +€99,849 | +8.0% |
| Tangible fixed assets | 22/27 | €1,254,287 | €1,354,136 | +€99,849 | +8.0% |
| Land and buildings | 22 | €356,389 | €356,389 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €47,347 | +€47,347 | |
| Furniture and vehicles | 24 | €8,108 | €4,550 | -€3,558 | -43.9% |
| Leasing and similar rights | 25 | €889,790 | €945,850 | +€56,060 | +6.3% |
| Current assets | 29/58 | €312,532 | €347,166 | +€34,635 | +11.1% |
| Amounts receivable within one year | 40/41 | €13,748 | €28,160 | +€14,412 | +105% |
| Trade receivables | 40 | €6,050 | €26,620 | +€20,570 | +340% |
| Other amounts receivable | 41 | €7,698 | €1,540 | -€6,158 | -80.0% |
| Cash at bank and in hand | 54/58 | €295,750 | €316,635 | +€20,885 | +7.1% |
| Deferred charges and accrued income | 490/1 | €3,033 | €2,371 | -€662 | -21.8% |
| Total equity and liabilities | 10/49 | €1,566,819 | €1,701,302 | +€134,483 | +8.6% |
| Equity | 10/15 | €1,441,071 | €1,447,045 | +€5,974 | +0.4% |
| Contributions | 10/11 | €1,066,979 | €1,066,979 | = | 0.0% |
| Reserves | 13 | €271,495 | €277,469 | +€5,974 | +2.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €271,495 | €277,469 | +€5,974 | +2.2% |
| Profit (loss) carried forward | 14 | €102,597 | €102,597 | = | 0.0% |
| Amounts payable | 17/49 | €125,747 | €254,256 | +€128,509 | +102% |
| Amounts payable within one year | 42/48 | €125,747 | €254,256 | +€128,509 | +102% |
| Trade debts | 44 | €3,307 | €2,363 | -€944 | -28.5% |
| Suppliers | 440/4 | €3,307 | €2,363 | -€944 | -28.5% |
| Taxes, remuneration and social security | 45 | €26,073 | €15,245 | -€10,827 | -41.5% |
| Taxes | 450/3 | €23,092 | €12,246 | -€10,845 | -47.0% |
| Remuneration and social security | 454/9 | €2,981 | €2,999 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €96,368 | €236,648 | +€140,281 | +146% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,817 | €67,893 | +€14,076 | +26.2% |
| Other operating charges | 640/8 | €23,739 | €5,335 | -€18,404 | -77.5% |
| Gross operating margin | 9900 | €136,577 | €157,824 | +€21,247 | +15.6% |
| Operating profit (loss) | 9901 | €59,022 | €84,597 | +€25,575 | +43.3% |
| Financial income | 75/76B | €1,096 | €1,569 | +€472 | +43.1% |
| Recurring financial income | 75 | €1,096 | €1,569 | +€472 | +43.1% |
| Financial charges | 65/66B | €233 | €261 | +€28 | +12.1% |
| Recurring financial charges | 65 | €233 | €261 | +€28 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €59,885 | €85,904 | +€26,019 | +43.4% |
| Income taxes | 67/77 | €17,631 | €23,930 | +€6,299 | +35.7% |
| Profit (loss) for the period | 9904 | €42,255 | €61,974 | +€19,719 | +46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,255 | €61,974 | +€19,719 | +46.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.