TERRAPLANT: 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.
TERRAPLANT
Largest movements
- Tangible fixed assets +€206,403
up €206,403 (+11.1%), from €1.9m to €2.1m
of which Furniture and vehicles: +€170,784
- Cash +€74,238
up €74,238 (+17.4%), from €427,696 to €501,934
mainly Net result for the year (+€318,200) and Debts after one year (+€281,290)
- Receivables within one year +€61,184
up €61,184 (+24.4%), from €250,292 to €311,476
of which Trade receivables: +€71,514
- Debts after one year +€281,290
up €281,290 (+37.7%), from €745,828 to €1.0m
of which Other amounts payable: +€340,109
- Other debts -€219,746
down €219,746 (-82.1%), from €267,509 to €47,762
- Profit (loss) carried forward +€168,200
up €168,200 (+24.6%), from €683,402 to €851,602
- Reserves +€100,000
up €100,000 (+19.1%), from €522,668 to €622,668
of which Distributable reserves: +€100,000
- Trade debts +€69,283
up €69,283 (+109%), from €63,634 to €132,918
- Gross operating margin +€199,448
up €199,448 (+19.0%), from €1.1m to €1.2m
- Staff costs +€49,834
up €49,834 (+9.8%), from €506,865 to €556,699
- Financial charges +€21,859
up €21,859 (+142%), from €15,401 to €37,260
- Depreciation +€16,257
up €16,257 (+8.1%), from €200,658 to €216,916
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 | €2,609,054 | €2,979,095 | +€370,041 | +14.2% |
| Fixed assets | 21/28 | €1,867,015 | €2,073,418 | +€206,403 | +11.1% |
| Tangible fixed assets | 22/27 | €1,866,864 | €2,073,267 | +€206,403 | +11.1% |
| Land and buildings | 22 | €1,528,865 | €1,543,564 | +€14,699 | +1.0% |
| Plant, machinery and equipment | 23 | €202,763 | €223,682 | +€20,920 | +10.3% |
| Furniture and vehicles | 24 | €135,237 | €306,021 | +€170,784 | +126% |
| Financial fixed assets | 28 | €151 | €151 | = | 0.0% |
| Current assets | 29/58 | €742,039 | €905,677 | +€163,638 | +22.1% |
| Stocks and contracts in progress | 3 | €19,126 | €24,376 | +€5,250 | +27.4% |
| Stocks | 30/36 | €19,126 | €24,376 | +€5,250 | +27.4% |
| Amounts receivable within one year | 40/41 | €250,292 | €311,476 | +€61,184 | +24.4% |
| Trade receivables | 40 | €208,405 | €279,918 | +€71,514 | +34.3% |
| Other amounts receivable | 41 | €41,887 | €31,558 | -€10,330 | -24.7% |
| Cash at bank and in hand | 54/58 | €427,696 | €501,934 | +€74,238 | +17.4% |
| Deferred charges and accrued income | 490/1 | €44,925 | €67,891 | +€22,965 | +51.1% |
| Total equity and liabilities | 10/49 | €2,609,054 | €2,979,095 | +€370,041 | +14.2% |
| Equity | 10/15 | €1,305,763 | €1,568,078 | +€262,314 | +20.1% |
| Contributions | 10/11 | €35,750 | €35,750 | = | 0.0% |
| Reserves | 13 | €522,668 | €622,668 | +€100,000 | +19.1% |
| Tax-exempt reserves | 132 | €7,668 | €7,668 | = | 0.0% |
| Distributable reserves | 133 | €515,000 | €615,000 | +€100,000 | +19.4% |
| Profit (loss) carried forward | 14 | €683,402 | €851,602 | +€168,200 | +24.6% |
| Investment grants | 15 | €63,944 | €58,058 | -€5,885 | -9.2% |
| Amounts payable | 17/49 | €1,303,291 | €1,411,017 | +€107,727 | +8.3% |
| Amounts payable after more than one year | 17 | €745,828 | €1,027,119 | +€281,290 | +37.7% |
| Financial debts | 170/4 | €741,328 | €682,510 | -€58,819 | -7.9% |
| Other amounts payable | 178/9 | €4,500 | €344,609 | +€340,109 | +7,558% |
| Amounts payable within one year | 42/48 | €557,462 | €383,270 | -€174,192 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €146,708 | €137,171 | -€9,537 | -6.5% |
| Trade debts | 44 | €63,634 | €132,918 | +€69,283 | +109% |
| Suppliers | 440/4 | €63,634 | €132,918 | +€69,283 | +109% |
| Advances received on contracts in progress | 46 | - | €5,445 | +€5,445 | |
| Taxes, remuneration and social security | 45 | €79,611 | €59,974 | -€19,637 | -24.7% |
| Taxes | 450/3 | €65,080 | €44,661 | -€20,419 | -31.4% |
| Remuneration and social security | 454/9 | €14,531 | €15,313 | +€782 | +5.4% |
| Other amounts payable | 47/48 | €267,509 | €47,762 | -€219,746 | -82.1% |
| Accrued charges and deferred income | 492/3 | - | €628 | +€628 | |
| Non-recurring operating income | 76A | €6,000 | €28,088 | +€22,088 | +368% |
| Remuneration, social security and pensions | 62 | €506,865 | €556,699 | +€49,834 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,658 | €216,916 | +€16,257 | +8.1% |
| Other operating charges | 640/8 | €14,517 | €14,834 | +€317 | +2.2% |
| Gross operating margin | 9900 | €1,050,075 | €1,249,523 | +€199,448 | +19.0% |
| Operating profit (loss) | 9901 | €328,034 | €461,074 | +€133,040 | +40.6% |
| Financial income | 75/76B | €5,969 | €5,926 | -€42 | -0.7% |
| Recurring financial income | 75 | €5,969 | €5,926 | -€42 | -0.7% |
| Financial charges | 65/66B | €15,401 | €37,260 | +€21,859 | +142% |
| Recurring financial charges | 65 | €15,401 | €37,260 | +€21,859 | +142% |
| Profit (loss) for the period before taxes | 9903 | €318,602 | €429,741 | +€111,139 | +34.9% |
| Income taxes | 67/77 | €101,833 | €111,541 | +€9,707 | +9.5% |
| Profit (loss) for the period | 9904 | €216,769 | €318,200 | +€101,431 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €216,769 | €318,200 | +€101,431 | +46.8% |
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 24 October 2026 via checked.be.