TERRATECH: 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.
TERRATECH
Largest movements
- Cash -€7,807
down €7,807 (-71.1%), from €10,980 to €3,173
mainly Other debts (-€75,000) and Deferred charges and accrued income (-€1)
- Tangible fixed assets -€6,450
down €6,450 (-10.3%), from €62,861 to €56,411
- Receivables within one year -€1,399
down €1,399 (-3.5%), from €39,770 to €38,371
of which Other amounts receivable: -€14,489
- Other debts -€75,000
down €75,000 (-59.7%), from €125,567 to €50,567
- Trade debts +€35,799
up €35,799 (+452.0%), from €7,920 to €43,719
- Profit (loss) carried forward +€23,546
up €23,546 (+59.9%), from -€39,321 to -€15,775
- Gross operating margin +€16,459
up €16,459 (+117.5%), from €14,004 to €30,463
- Depreciation +€4,811
up €4,811 (+293.5%), from €1,639 to €6,450
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 | €113,766 | €98,111 | -€15,655 | -13.8% |
| Fixed assets | 21/28 | €62,861 | €56,411 | -€6,450 | -10.3% |
| Tangible fixed assets | 22/27 | €62,861 | €56,411 | -€6,450 | -10.3% |
| Furniture and vehicles | 24 | €62,861 | €56,411 | -€6,450 | -10.3% |
| Current assets | 29/58 | €50,905 | €41,700 | -€9,205 | -18.1% |
| Amounts receivable within one year | 40/41 | €39,770 | €38,371 | -€1,399 | -3.5% |
| Trade receivables | 40 | €19,118 | €32,208 | +€13,090 | +68.5% |
| Other amounts receivable | 41 | €20,652 | €6,162 | -€14,489 | -70.2% |
| Cash at bank and in hand | 54/58 | €10,980 | €3,173 | -€7,807 | -71.1% |
| Deferred charges and accrued income | 490/1 | €155 | €156 | +€1 | +0.4% |
| Total equity and liabilities | 10/49 | €113,766 | €98,111 | -€15,655 | -13.8% |
| Equity | 10/15 | -€19,721 | €3,825 | +€23,546 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,321 | -€15,775 | +€23,546 | +59.9% |
| Amounts payable | 17/49 | €133,487 | €94,286 | -€39,201 | -29.4% |
| Amounts payable within one year | 42/48 | €133,487 | €94,286 | -€39,201 | -29.4% |
| Trade debts | 44 | €7,920 | €43,719 | +€35,799 | +452.0% |
| Suppliers | 440/4 | €7,920 | €43,719 | +€35,799 | +452.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €125,567 | €50,567 | -€75,000 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,639 | €6,450 | +€4,811 | +293.5% |
| Other operating charges | 640/8 | €487 | €400 | -€88 | -18.0% |
| Gross operating margin | 9900 | €14,004 | €30,463 | +€16,459 | +117.5% |
| Operating profit (loss) | 9901 | €11,878 | €23,613 | +€11,735 | +98.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €38 | €67 | +€29 | +75.5% |
| Recurring financial charges | 65 | €38 | €67 | +€29 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €11,840 | €23,546 | +€11,706 | +98.9% |
| Profit (loss) for the period | 9904 | €11,840 | €23,546 | +€11,706 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,840 | €23,546 | +€11,706 | +98.9% |
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 10 October 2026 via checked.be.