TERRE ET BOIS: 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.
TERRE ET BOIS
Largest movements
- Receivables within one year +€53,638
up €53,638 (+63.4%), from €84,540 to €138,178
of which Other amounts receivable: +€52,083
- Tangible fixed assets -€10,131
down €10,131 (-34.7%), from €29,173 to €19,041
- Cash -€7,975
down €7,975 (-26.0%), from €30,730 to €22,755
mainly Receivables within one year (-€53,638) and Contributions, distributions and other (-€833)
- Financial fixed assets -€2,855
down €2,855 (-98.3%), from €2,905 to €50
- Reserves +€29,000
up €29,000 (+210%), from €13,804 to €42,804
of which Distributable reserves: +€29,000
- Tax, wage and social debts +€2,396
up €2,396 (+14.7%), from €16,300 to €18,696
- Gross operating margin +€13,323
up €13,323 (+34.7%), from €38,389 to €51,713
- Taxes +€4,466
up €4,466 (+61.9%), from €7,210 to €11,676
- Financial income -€1,244
down €1,244 (-60.7%), from €2,050 to €806
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 | €151,279 | €182,924 | +€31,645 | +20.9% |
| Fixed assets | 21/28 | €32,078 | €19,091 | -€12,986 | -40.5% |
| Tangible fixed assets | 22/27 | €29,173 | €19,041 | -€10,131 | -34.7% |
| Furniture and vehicles | 24 | €29,173 | €19,041 | -€10,131 | -34.7% |
| Financial fixed assets | 28 | €2,905 | €50 | -€2,855 | -98.3% |
| Current assets | 29/58 | €119,201 | €163,832 | +€44,631 | +37.4% |
| Amounts receivable within one year | 40/41 | €84,540 | €138,178 | +€53,638 | +63.4% |
| Trade receivables | 40 | €9,133 | €10,688 | +€1,555 | +17.0% |
| Other amounts receivable | 41 | €75,407 | €127,491 | +€52,083 | +69.1% |
| Cash at bank and in hand | 54/58 | €30,730 | €22,755 | -€7,975 | -26.0% |
| Deferred charges and accrued income | 490/1 | €3,931 | €2,899 | -€1,032 | -26.3% |
| Total equity and liabilities | 10/49 | €151,279 | €182,924 | +€31,645 | +20.9% |
| Equity | 10/15 | €133,989 | €163,123 | +€29,134 | +21.7% |
| Contributions | 10/11 | €88,040 | €88,040 | = | 0.0% |
| Capital | 10 | €88,040 | €88,040 | = | 0.0% |
| Issued capital | 100 | €88,040 | €88,040 | = | 0.0% |
| Reserves | 13 | €13,804 | €42,804 | +€29,000 | +210% |
| Non-distributable reserves | 130/1 | €8,804 | €8,804 | = | 0.0% |
| Legal reserve | 130 | €8,804 | €8,804 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €34,000 | +€29,000 | +580% |
| Profit (loss) carried forward | 14 | €32,145 | €32,279 | +€134 | +0.4% |
| Amounts payable | 17/49 | €17,290 | €19,801 | +€2,511 | +14.5% |
| Amounts payable within one year | 42/48 | €17,266 | €19,776 | +€2,510 | +14.5% |
| Trade debts | 44 | €133 | €247 | +€114 | +86.2% |
| Suppliers | 440/4 | €133 | €247 | +€114 | +86.2% |
| Taxes, remuneration and social security | 45 | €16,300 | €18,696 | +€2,396 | +14.7% |
| Taxes | 450/3 | €16,300 | €18,696 | +€2,396 | +14.7% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €25 | €25 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,353 | €10,131 | -€222 | -2.1% |
| Other operating charges | 640/8 | €911 | €744 | -€167 | -18.3% |
| Gross operating margin | 9900 | €38,389 | €51,713 | +€13,323 | +34.7% |
| Operating profit (loss) | 9901 | €27,125 | €40,837 | +€13,712 | +50.6% |
| Financial income | 75/76B | €2,050 | €806 | -€1,244 | -60.7% |
| Recurring financial income | 75 | €2,050 | €806 | -€1,244 | -60.7% |
| Financial charges | 65/66B | €141 | - | -€141 | |
| Recurring financial charges | 65 | €141 | - | -€141 | |
| Profit (loss) for the period before taxes | 9903 | €29,034 | €41,643 | +€12,609 | +43.4% |
| Income taxes | 67/77 | €7,210 | €11,676 | +€4,466 | +61.9% |
| Profit (loss) for the period | 9904 | €21,824 | €29,967 | +€8,143 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,824 | €29,967 | +€8,143 | +37.3% |
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 19 October 2026 via checked.be.