Terrebois: 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.
What changed
Terrebois
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.6m
2024 · -€862,786-€695,724
Equity
-€1.6m
2024 · -€34,259-€1.6m
Cash
€58,593
2024 · €255,211-€196,618
Balance sheet total
€28.9m
2024 · €30.9m-€2.0m
Largest movements
Assets
- Receivables within one year -€2.1m
down €2.1m (-64.6%), from €3.3m to €1.2m
of which Other amounts receivable: -€1.8m
Equity and liabilities
- Profit (loss) carried forward -€1.6m
down €1.6m (-102%), from -€1.5m to -€3.1m
- Debts after one year -€1.0m
down €1.0m (-5.2%), from €19.3m to €18.3m
- Trade debts +€732,403
up €732,403 (+36.2%), from €2.0m to €2.8m
Income statement
- Turnover -€370,701
down €370,701 (-24.1%), from €1.5m to €1.2m
- Other operating income -€240,357
down €240,357 (-40.9%), from €587,199 to €346,842
- Services and other goods +€205,928
up €205,928 (+23.3%), from €883,208 to €1.1m
- Taxes -€121,253
new in 2025: -€121,253
- Other operating charges +€23,745
up €23,745 (+2.7%), from €879,593 to €903,338
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.
Result 2024
-€862,786
Turnover
-€370,701
Other operating income
-€240,357
Services and other goods
-€205,928
Depreciation
+€2,170
Other operating charges
-€23,745
Other operating items
+€98
Financial income
+€4,167
Financial charges
+€17,319
Taxes
+€121,253
Result 2025
-€1.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.5m
Investment
-€685,321
Financing
-€1.0m
Cash 2024
€255,211
From operations (derived)
+€1.5m
Net result for the year
-€1.6m
Depreciation
+€380,103
Receivables within one year
+€2.1m
Deferred charges and accrued income
-€7,836
Trade debts
+€732,403
Tax, wage and social debts
-€959
Other debts
+€97,536
Accrued charges and deferred income
-€264,875
Investment (derived)
-€685,321
Investment in fixed assets (net)
-€685,321
Financing
-€1.0m
Debts after one year
-€1.0m
Cash 2025
€58,593
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,883,325 | €28,878,920 | -€2.0m | -6.5% |
| Fixed assets | 21/28 | €27,292,860 | €27,598,078 | +€305,218 | +1.1% |
| Tangible fixed assets | 22/27 | €27,292,860 | €27,598,078 | +€305,218 | +1.1% |
| Land and buildings | 22 | €24,901,353 | €24,523,240 | -€378,113 | -1.5% |
| Plant, machinery and equipment | 23 | €795 | €536 | -€259 | -32.6% |
| Assets under construction and advance payments | 27 | €2,390,712 | €3,074,302 | +€683,590 | +28.6% |
| Current assets | 29/58 | €3,590,465 | €1,280,842 | -€2.3m | -64.3% |
| Amounts receivable within one year | 40/41 | €3,281,197 | €1,160,356 | -€2.1m | -64.6% |
| Trade receivables | 40 | €455,379 | €112,925 | -€342,454 | -75.2% |
| Other amounts receivable | 41 | €2,825,818 | €1,047,431 | -€1.8m | -62.9% |
| Cash at bank and in hand | 54/58 | €255,211 | €58,593 | -€196,618 | -77.0% |
| Deferred charges and accrued income | 490/1 | €54,057 | €61,893 | +€7,836 | +14.5% |
| Total equity and liabilities | 10/49 | €30,883,325 | €28,878,920 | -€2.0m | -6.5% |
| Equity | 10/15 | -€34,259 | -€1,592,769 | -€1.6m | -4,549% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €497,605 | €497,605 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €397,605 | €397,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,531,864 | -€3,090,374 | -€1.6m | -102% |
| Amounts payable | 17/49 | €30,917,584 | €30,471,689 | -€445,895 | -1.4% |
| Amounts payable after more than one year | 17 | €19,335,698 | €18,325,698 | -€1.0m | -5.2% |
| Financial debts | 170/4 | €19,335,698 | €18,325,698 | -€1.0m | -5.2% |
| Credit institutions | 173 | €19,320,000 | €18,310,000 | -€1.0m | -5.2% |
| Other loans | 174 | €15,698 | €15,698 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,189,119 | €12,018,099 | +€828,980 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €1,010,000 | €1,010,000 | = | 0.0% |
| Trade debts | 44 | €2,021,110 | €2,753,513 | +€732,403 | +36.2% |
| Suppliers | 440/4 | €2,021,110 | €2,753,513 | +€732,403 | +36.2% |
| Taxes, remuneration and social security | 45 | €14,422 | €13,463 | -€959 | -6.6% |
| Taxes | 450/3 | €14,422 | €13,463 | -€959 | -6.6% |
| Other amounts payable | 47/48 | €8,143,587 | €8,241,123 | +€97,536 | +1.2% |
| Accrued charges and deferred income | 492/3 | €392,767 | €127,892 | -€264,875 | -67.4% |
| Operating income | 70/76A | €2,125,592 | €1,514,632 | -€610,960 | -28.7% |
| Turnover | 70 | €1,538,393 | €1,167,692 | -€370,701 | -24.1% |
| Other operating income | 74 | €587,199 | €346,842 | -€240,357 | -40.9% |
| Non-recurring operating income | 76A | - | €98 | +€98 | |
| Operating charges | 60/66A | €2,145,074 | €2,372,577 | +€227,503 | +10.6% |
| Services and other goods | 61 | €883,208 | €1,089,136 | +€205,928 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €382,273 | €380,103 | -€2,170 | -0.6% |
| Other operating charges | 640/8 | €879,593 | €903,338 | +€23,745 | +2.7% |
| Operating profit (loss) | 9901 | -€19,482 | -€857,945 | -€838,463 | -4,304% |
| Financial income | 75/76B | €40,750 | €44,917 | +€4,167 | +10.2% |
| Recurring financial income | 75 | €40,750 | €44,917 | +€4,167 | +10.2% |
| Income from financial fixed assets | 750 | - | €4,457 | +€4,457 | |
| Income from current assets | 751 | €40,750 | €40,460 | -€290 | -0.7% |
| Financial charges | 65/66B | €884,054 | €866,735 | -€17,319 | -2.0% |
| Recurring financial charges | 65 | €884,054 | €866,735 | -€17,319 | -2.0% |
| Debt charges | 650 | €881,753 | €864,531 | -€17,222 | -2.0% |
| Other financial charges | 652/9 | €2,301 | €2,204 | -€97 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€862,786 | -€1,679,763 | -€816,977 | -94.7% |
| Income taxes | 67/77 | - | -€121,253 | -€121,253 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €121,253 | +€121,253 | |
| Profit (loss) for the period | 9904 | -€862,786 | -€1,558,510 | -€695,724 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€862,786 | -€1,558,510 | -€695,724 | -80.6% |
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 22 October 2026 via checked.be.