TERRATEC: what changed
TERRATEC
Largest movements
- Tangible fixed assets -€16,542
down €16,542 (-76.4%), from €21,664 to €5,122
of which Furniture and vehicles: -€15,146
- Receivables within one year +€7,976
up €7,976 (+21.9%), from €36,399 to €44,375
of which Other amounts receivable: +€7,976
- Cash -€2,918
down €2,918 (-89.4%), from €3,265 to €347
mainly Receivables within one year (-€7,976) and Tax, wage and social debts (-€7,302)
- Tax, wage and social debts -€7,302
down €7,302 (-85.9%), from €8,502 to €1,200
of which Remuneration and social security: -€6,852
- Other debts -€4,000
down €4,000 (-100%), from €4,000 to €0
- Trade debts -€3,551
down €3,551 (-14.9%), from €23,790 to €20,239
- Profit (loss) carried forward +€3,368
up €3,368 (+54.5%), from €6,180 to €9,549
- Gross operating margin -€106,423
down €106,423 (-71.1%), from €149,681 to €43,259
- Staff costs -€97,343
down €97,343 (-76.1%), from €127,893 to €30,550
- Depreciation -€10,145
down €10,145 (-58.7%), from €17,281 to €7,136
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,200 | €50,716 | -€11,485 | -18.5% |
| Fixed assets | 21/28 | €22,536 | €5,994 | -€16,542 | -73.4% |
| Tangible fixed assets | 22/27 | €21,664 | €5,122 | -€16,542 | -76.4% |
| Plant, machinery and equipment | 23 | €3,212 | €1,816 | -€1,397 | -43.5% |
| Furniture and vehicles | 24 | €18,452 | €3,306 | -€15,146 | -82.1% |
| Financial fixed assets | 28 | €872 | €872 | = | 0.0% |
| Current assets | 29/58 | €39,664 | €44,722 | +€5,057 | +12.8% |
| Amounts receivable within one year | 40/41 | €36,399 | €44,375 | +€7,976 | +21.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €36,399 | €44,375 | +€7,976 | +21.9% |
| Cash at bank and in hand | 54/58 | €3,265 | €347 | -€2,918 | -89.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €62,200 | €50,716 | -€11,485 | -18.5% |
| Equity | 10/15 | €25,908 | €29,277 | +€3,368 | +13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,128 | €1,128 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,128 | €1,128 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,128 | €1,128 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,180 | €9,549 | +€3,368 | +54.5% |
| Amounts payable | 17/49 | €36,292 | €21,439 | -€14,853 | -40.9% |
| Amounts payable within one year | 42/48 | €36,292 | €21,439 | -€14,853 | -40.9% |
| Trade debts | 44 | €23,790 | €20,239 | -€3,551 | -14.9% |
| Suppliers | 440/4 | €23,790 | €20,239 | -€3,551 | -14.9% |
| Taxes, remuneration and social security | 45 | €8,502 | €1,200 | -€7,302 | -85.9% |
| Taxes | 450/3 | €1,650 | €1,200 | -€450 | -27.3% |
| Remuneration and social security | 454/9 | €6,852 | €0 | -€6,852 | -100% |
| Other amounts payable | 47/48 | €4,000 | €0 | -€4,000 | -100% |
| Remuneration, social security and pensions | 62 | €127,893 | €30,550 | -€97,343 | -76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,281 | €7,136 | -€10,145 | -58.7% |
| Other operating charges | 640/8 | €1,152 | €716 | -€436 | -37.8% |
| Gross operating margin | 9900 | €149,681 | €43,259 | -€106,423 | -71.1% |
| Operating profit (loss) | 9901 | €3,355 | €4,856 | +€1,501 | +44.7% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100% |
| Financial charges | 65/66B | €250 | €230 | -€20 | -8.2% |
| Recurring financial charges | 65 | €250 | €230 | -€20 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €3,114 | €4,627 | +€1,513 | +48.6% |
| Income taxes | 67/77 | €1,614 | €1,259 | -€355 | -22.0% |
| Profit (loss) for the period | 9904 | €1,500 | €3,368 | +€1,868 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €1,500 | €3,368 | +€1,868 | +125% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.