TERRAVITA: 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.
TERRAVITA
Largest movements
- Stocks and contracts +€15,277
up €15,277 (+4.5%), from €336,503 to €351,780
- Other debts +€14,629
up €14,629 (+13.6%), from €107,600 to €122,229
- Gross operating margin +€583
up €583 (+13.1%), from €4,442 to €5,025
- Other operating charges +€396
new in 2025: €396
- Financial charges +€187
up €187 (+4.2%), from €4,442 to €4,629
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 | €337,836 | €352,355 | +€14,519 | +4.3% |
| Current assets | 29/58 | €337,836 | €352,355 | +€14,519 | +4.3% |
| Stocks and contracts in progress | 3 | €336,503 | €351,780 | +€15,277 | +4.5% |
| Stocks | 30/36 | €336,503 | €351,780 | +€15,277 | +4.5% |
| Cash at bank and in hand | 54/58 | €1,333 | €575 | -€758 | -56.9% |
| Total equity and liabilities | 10/49 | €337,836 | €352,355 | +€14,519 | +4.3% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €332,836 | €347,355 | +€14,519 | +4.4% |
| Amounts payable within one year | 42/48 | €332,836 | €347,355 | +€14,519 | +4.4% |
| Financial debts | 43 | €225,000 | €225,000 | = | 0.0% |
| Credit institutions | 430/8 | €225,000 | €225,000 | = | 0.0% |
| Trade debts | 44 | €236 | €126 | -€110 | -46.7% |
| Suppliers | 440/4 | €236 | €126 | -€110 | -46.7% |
| Other amounts payable | 47/48 | €107,600 | €122,229 | +€14,629 | +13.6% |
| Other operating charges | 640/8 | - | €396 | +€396 | |
| Gross operating margin | 9900 | €4,442 | €5,025 | +€583 | +13.1% |
| Operating profit (loss) | 9901 | €4,442 | €4,629 | +€187 | +4.2% |
| Financial charges | 65/66B | €4,442 | €4,629 | +€187 | +4.2% |
| Recurring financial charges | 65 | €4,442 | €4,629 | +€187 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
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 30 October 2026 via checked.be.