Terre N Mer: what changed
What changed
Terre N Mer
filed annual accounts (NBB)
Net result for the year
-€2,855
2023 · -€1,134-€1,721
Equity
-€14,981
2023 · -€12,127-€2,855
Cash
€370
2023 · €489-€119
Balance sheet total
€370
2023 · €489-€119
Largest movements
Assets
- Cash -€119
down €119 (-24.4%), from €489 to €370
mainly Net result for the year (-€2,855)
Equity and liabilities
- Profit (loss) carried forward -€2,855
down €2,855 (-6.7%), from -€42,720 to -€45,574
- Other debts +€2,000
up €2,000 (+15.9%), from €12,615 to €14,615
- Trade debts +€736
new in 2024: €736
Income statement
- Gross operating margin -€1,707
down €1,707 (-288%), from -€592 to -€2,299
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€1,134
Gross operating margin
-€1,707
Other operating charges
-€14
Result 2024
-€2,855
lowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€119
Investment
€0
Financing
€0
Cash 2023
€489
From operations (derived)
-€119
Net result for the year
-€2,855
Trade debts
+€736
Other debts
+€2,000
Cash 2024
€370
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €489 | €370 | -€119 | -24.4% |
| Current assets | 29/58 | €489 | €370 | -€119 | -24.4% |
| Cash at bank and in hand | 54/58 | €489 | €370 | -€119 | -24.4% |
| Total equity and liabilities | 10/49 | €489 | €370 | -€119 | -24.4% |
| Equity | 10/15 | -€12,127 | -€14,981 | -€2,855 | -23.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €24,388 | €24,388 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,742 | €1,742 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,742 | €1,742 | = | 0.0% |
| Distributable reserves | 133 | €22,646 | €22,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,720 | -€45,574 | -€2,855 | -6.7% |
| Amounts payable | 17/49 | €12,615 | €15,351 | +€2,736 | +21.7% |
| Amounts payable within one year | 42/48 | €12,615 | €15,351 | +€2,736 | +21.7% |
| Trade debts | 44 | - | €736 | +€736 | |
| Suppliers | 440/4 | - | €736 | +€736 | |
| Other amounts payable | 47/48 | €12,615 | €14,615 | +€2,000 | +15.9% |
| Other operating charges | 640/8 | €518 | €531 | +€14 | +2.7% |
| Gross operating margin | 9900 | -€592 | -€2,299 | -€1,707 | -288% |
| Operating profit (loss) | 9901 | -€1,110 | -€2,831 | -€1,721 | -155% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,134 | -€2,855 | -€1,721 | -152% |
| Profit (loss) for the period | 9904 | -€1,134 | -€2,855 | -€1,721 | -152% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,134 | -€2,855 | -€1,721 | -152% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.