TERRANIS: 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.
TERRANIS
Largest movements
- Receivables within one year -€36,751
down €36,751 (-80.8%), from €45,502 to €8,751
of which Trade receivables: -€34,286
- Cash +€1,626
up €1,626 (+189.7%), from €857 to €2,484
mainly Receivables within one year (+€36,751) and Trade debts (+€2,062)
- Other debts -€30,643
down €30,643 (-100.0%), from €30,643 to €0
- Profit (loss) carried forward -€6,511
down €6,511 (-4.2%), from -€154,134 to -€160,644
- Trade debts +€2,062
up €2,062 (+182.2%), from €1,132 to €3,194
- Gross operating margin -€9,836
down €9,836, from €3,645 to -€6,191
- Write-downs +€9,000
up €9,000, from -€9,000 to €0
- Financial income -€583
down €583 (-93.2%), from €626 to €43
- Other operating charges -€520
down €520 (-65.9%), from €789 to €269
- Financial charges -€385
down €385 (-80.6%), from €478 to €93
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 | €46,359 | €11,277 | -€35,082 | -75.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €46,359 | €11,277 | -€35,082 | -75.7% |
| Amounts receivable within one year | 40/41 | €45,502 | €8,751 | -€36,751 | -80.8% |
| Trade receivables | 40 | €38,116 | €3,830 | -€34,286 | -90.0% |
| Other amounts receivable | 41 | €7,386 | €4,921 | -€2,465 | -33.4% |
| Cash at bank and in hand | 54/58 | €857 | €2,484 | +€1,626 | +189.7% |
| Deferred charges and accrued income | 490/1 | - | €43 | +€43 | |
| Total equity and liabilities | 10/49 | €46,359 | €11,277 | -€35,082 | -75.7% |
| Equity | 10/15 | €14,466 | €7,956 | -€6,511 | -45.0% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,134 | -€160,644 | -€6,511 | -4.2% |
| Amounts payable | 17/49 | €31,893 | €3,322 | -€28,571 | -89.6% |
| Amounts payable within one year | 42/48 | €31,893 | €3,194 | -€28,699 | -90.0% |
| Trade debts | 44 | €1,132 | €3,194 | +€2,062 | +182.2% |
| Suppliers | 440/4 | €1,132 | €3,194 | +€2,062 | +182.2% |
| Taxes, remuneration and social security | 45 | €118 | €0 | -€118 | -100.0% |
| Taxes | 450/3 | €118 | €0 | -€118 | -100.0% |
| Other amounts payable | 47/48 | €30,643 | €0 | -€30,643 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,000 | €0 | +€9,000 | |
| Other operating charges | 640/8 | €789 | €269 | -€520 | -65.9% |
| Gross operating margin | 9900 | €3,645 | -€6,191 | -€9,836 | |
| Operating profit (loss) | 9901 | €11,856 | -€6,461 | -€18,316 | |
| Financial income | 75/76B | €626 | €43 | -€583 | -93.2% |
| Recurring financial income | 75 | €626 | €43 | -€583 | -93.2% |
| Financial charges | 65/66B | €478 | €93 | -€385 | -80.6% |
| Recurring financial charges | 65 | €478 | €93 | -€385 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | €12,003 | -€6,511 | -€18,514 | |
| Profit (loss) for the period | 9904 | €12,003 | -€6,511 | -€18,514 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,003 | -€6,511 | -€18,514 |
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 9 October 2026 via checked.be.