TERRE ET VINS: what changed
TERRE ET VINS
Largest movements
- Cash -€14,282
down €14,282 (-20.3%), from €70,477 to €56,195
mainly Other debts (-€31,935) and Trade debts (-€3,988)
- Tangible fixed assets -€7,385
down €7,385 (-47.4%), from €15,565 to €8,180
of which Furniture and vehicles: -€4,557
- Stocks and contracts -€2,821
no longer reported in 2025 (was €2,821)
- Other debts -€31,935
down €31,935 (-85.0%), from €37,551 to €5,616
- Tax, wage and social debts +€4,951
up €4,951 (+30.8%), from €16,083 to €21,034
of which Remuneration and social security: +€3,640
- Profit (loss) carried forward +€4,758
up €4,758 (+350%), from €1,361 to €6,118
- Trade debts -€3,988
down €3,988 (-12.3%), from €32,532 to €28,544
- Staff costs +€19,208
up €19,208 (+38.2%), from €50,320 to €69,528
- Depreciation -€2,215
down €2,215 (-18.3%), from €12,103 to €9,888
- Gross operating margin -€1,412
down €1,412 (-1.4%), from €99,090 to €97,678
- Taxes -€1,328
down €1,328 (-18.3%), from €7,250 to €5,922
- Other operating charges +€1,151
up €1,151 (+45.1%), from €2,553 to €3,704
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 | €130,646 | €104,431 | -€26,215 | -20.1% |
| Fixed assets | 21/28 | €15,825 | €8,180 | -€7,645 | -48.3% |
| Tangible fixed assets | 22/27 | €15,565 | €8,180 | -€7,385 | -47.4% |
| Plant, machinery and equipment | 23 | €6,308 | €3,881 | -€2,426 | -38.5% |
| Furniture and vehicles | 24 | €7,877 | €3,320 | -€4,557 | -57.8% |
| Other tangible fixed assets | 26 | €1,380 | €978 | -€402 | -29.2% |
| Financial fixed assets | 28 | €260 | - | -€260 | |
| Current assets | 29/58 | €114,821 | €96,251 | -€18,569 | -16.2% |
| Stocks and contracts in progress | 3 | €2,821 | - | -€2,821 | |
| Stocks | 30/36 | €2,821 | - | -€2,821 | |
| Amounts receivable within one year | 40/41 | €21,142 | €19,871 | -€1,271 | -6.0% |
| Trade receivables | 40 | €7,420 | €1,321 | -€6,099 | -82.2% |
| Other amounts receivable | 41 | €13,722 | €18,550 | +€4,828 | +35.2% |
| Cash at bank and in hand | 54/58 | €70,477 | €56,195 | -€14,282 | -20.3% |
| Deferred charges and accrued income | 490/1 | €20,381 | €20,186 | -€195 | -1.0% |
| Total equity and liabilities | 10/49 | €130,646 | €104,431 | -€26,215 | -20.1% |
| Equity | 10/15 | €44,480 | €49,238 | +€4,758 | +10.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €24,570 | €24,570 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,570 | €24,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,361 | €6,118 | +€4,758 | +350% |
| Amounts payable | 17/49 | €86,166 | €55,193 | -€30,972 | -35.9% |
| Amounts payable within one year | 42/48 | €86,166 | €55,193 | -€30,972 | -35.9% |
| Trade debts | 44 | €32,532 | €28,544 | -€3,988 | -12.3% |
| Suppliers | 440/4 | €32,532 | €28,544 | -€3,988 | -12.3% |
| Taxes, remuneration and social security | 45 | €16,083 | €21,034 | +€4,951 | +30.8% |
| Taxes | 450/3 | €8,327 | €9,637 | +€1,311 | +15.7% |
| Remuneration and social security | 454/9 | €7,756 | €11,396 | +€3,640 | +46.9% |
| Other amounts payable | 47/48 | €37,551 | €5,616 | -€31,935 | -85.0% |
| Remuneration, social security and pensions | 62 | €50,320 | €69,528 | +€19,208 | +38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,103 | €9,888 | -€2,215 | -18.3% |
| Other operating charges | 640/8 | €2,553 | €3,704 | +€1,151 | +45.1% |
| Gross operating margin | 9900 | €99,090 | €97,678 | -€1,412 | -1.4% |
| Operating profit (loss) | 9901 | €34,114 | €14,558 | -€19,556 | -57.3% |
| Financial charges | 65/66B | €4,057 | €3,878 | -€179 | -4.4% |
| Recurring financial charges | 65 | €4,057 | €3,878 | -€179 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €30,057 | €10,680 | -€19,377 | -64.5% |
| Income taxes | 67/77 | €7,250 | €5,922 | -€1,328 | -18.3% |
| Profit (loss) for the period | 9904 | €22,807 | €4,758 | -€18,049 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,807 | €4,758 | -€18,049 | -79.1% |
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 6 November 2026 via checked.be.