TERRANIVEAU: 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.
TERRANIVEAU
Largest movements
- Receivables within one year +€8,899
up €8,899 (+16.4%), from €54,383 to €63,282
of which Trade receivables: +€8,395
- Cash +€1,569
up €1,569 (+921%), from €170 to €1,739
mainly Net result for the year (+€9,525) and Trade debts (+€6,094)
- Profit (loss) carried forward +€9,525
up €9,525 (+29.1%), from -€32,771 to -€23,245
- Trade debts +€6,094
up €6,094 (+93.3%), from €6,531 to €12,624
- Tax, wage and social debts -€5,471
down €5,471 (-50.9%), from €10,738 to €5,267
of which Taxes: -€8,738
- Staff costs +€25,935
new in 2025: €25,935
- Gross operating margin +€2,533
up €2,533 (+7.4%), from €34,175 to €36,708
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 | €67,054 | €77,521 | +€10,467 | +15.6% |
| Fixed assets | 21/28 | €12,500 | €12,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,500 | €12,500 | = | 0.0% |
| Land and buildings | 22 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €54,554 | €65,021 | +€10,467 | +19.2% |
| Amounts receivable within one year | 40/41 | €54,383 | €63,282 | +€8,899 | +16.4% |
| Trade receivables | 40 | €54,032 | €62,427 | +€8,395 | +15.5% |
| Other amounts receivable | 41 | €352 | €855 | +€503 | +143% |
| Cash at bank and in hand | 54/58 | €170 | €1,739 | +€1,569 | +921% |
| Total equity and liabilities | 10/49 | €67,054 | €77,521 | +€10,467 | +15.6% |
| Equity | 10/15 | €11,796 | €21,321 | +€9,525 | +80.8% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €30,567 | €30,567 | = | 0.0% |
| Distributable reserves | 133 | €30,567 | €30,567 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,771 | -€23,245 | +€9,525 | +29.1% |
| Amounts payable | 17/49 | €55,258 | €56,200 | +€942 | +1.7% |
| Amounts payable within one year | 42/48 | €55,258 | €56,200 | +€942 | +1.7% |
| Trade debts | 44 | €6,531 | €12,624 | +€6,094 | +93.3% |
| Suppliers | 440/4 | €6,531 | €12,624 | +€6,094 | +93.3% |
| Taxes, remuneration and social security | 45 | €10,738 | €5,267 | -€5,471 | -50.9% |
| Taxes | 450/3 | €10,738 | €2,000 | -€8,738 | -81.4% |
| Remuneration and social security | 454/9 | - | €3,267 | +€3,267 | |
| Other amounts payable | 47/48 | €37,989 | €38,308 | +€319 | +0.8% |
| Remuneration, social security and pensions | 62 | - | €25,935 | +€25,935 | |
| Other operating charges | 640/8 | €1,159 | €1,195 | +€36 | +3.1% |
| Gross operating margin | 9900 | €34,175 | €36,708 | +€2,533 | +7.4% |
| Operating profit (loss) | 9901 | €33,016 | €9,578 | -€23,438 | -71.0% |
| Financial income | 75/76B | €1 | €21 | +€21 | +4,104% |
| Recurring financial income | 75 | €1 | €21 | +€21 | +4,104% |
| Financial charges | 65/66B | €49 | €74 | +€25 | +51.3% |
| Recurring financial charges | 65 | €49 | €74 | +€25 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | €32,968 | €9,525 | -€23,442 | -71.1% |
| Profit (loss) for the period | 9904 | €32,968 | €9,525 | -€23,442 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,968 | €9,525 | -€23,442 | -71.1% |
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.