TERRE-PROJECTS: what changed
Two fiscal 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-PROJECTS
Largest movements
- Stocks and contracts +€365,203
up €365,203 (+326.3%), from €111,908 to €477,111
- Cash +€10,493
up €10,493 (+3401.6%), from €308 to €10,801
mainly Trade debts (+€191,904) and Other debts (+€191,400)
- Trade debts +€191,904
up €191,904 (+12978.6%), from €1,479 to €193,383
- Other debts +€191,400
up €191,400 (+277.8%), from €68,899 to €260,299
- Gross operating margin -€2,588
down €2,588 (-173.1%), from -€1,496 to -€4,084
- Other operating charges -€151
down €151 (-24.7%), from €614 to €462
- Financial charges +€101
up €101 (+157.2%), from €64 to €165
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 | €114,523 | €493,125 | +€378,602 | +330.6% |
| Current assets | 29/58 | €114,523 | €493,125 | +€378,602 | +330.6% |
| Stocks and contracts in progress | 3 | €111,908 | €477,111 | +€365,203 | +326.3% |
| Stocks | 30/36 | €111,908 | €477,111 | +€365,203 | +326.3% |
| Amounts receivable within one year | 40/41 | €2,259 | €5,163 | +€2,904 | +128.6% |
| Other amounts receivable | 41 | €2,259 | €5,163 | +€2,904 | +128.6% |
| Cash at bank and in hand | 54/58 | €308 | €10,801 | +€10,493 | +3401.6% |
| Deferred charges and accrued income | 490/1 | €48 | €50 | +€2 | +4.2% |
| Total equity and liabilities | 10/49 | €114,523 | €493,125 | +€378,602 | +330.6% |
| Equity | 10/15 | €43,854 | €39,143 | -€4,711 | -10.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,146 | -€10,857 | -€4,711 | -76.7% |
| Amounts payable | 17/49 | €70,669 | €453,982 | +€383,313 | +542.4% |
| Amounts payable within one year | 42/48 | €70,378 | €453,682 | +€383,304 | +544.6% |
| Trade debts | 44 | €1,479 | €193,383 | +€191,904 | +12978.6% |
| Suppliers | 440/4 | €1,479 | €193,383 | +€191,904 | +12978.6% |
| Other amounts payable | 47/48 | €68,899 | €260,299 | +€191,400 | +277.8% |
| Accrued charges and deferred income | 492/3 | €291 | €300 | +€9 | +3.2% |
| Other operating charges | 640/8 | €614 | €462 | -€151 | -24.7% |
| Gross operating margin | 9900 | -€1,496 | -€4,084 | -€2,588 | -173.1% |
| Operating profit (loss) | 9901 | -€2,109 | -€4,546 | -€2,437 | -115.5% |
| Financial charges | 65/66B | €64 | €165 | +€101 | +157.2% |
| Recurring financial charges | 65 | €64 | €165 | +€101 | +157.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,173 | -€4,711 | -€2,538 | -116.8% |
| Profit (loss) for the period | 9904 | -€2,173 | -€4,711 | -€2,538 | -116.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,173 | -€4,711 | -€2,538 | -116.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.