TERRECIEL SRL: 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.
TERRECIEL SRL
Largest movements
- Receivables within one year +€24,737
up €24,737 (+1,551%), from €1,595 to €26,332
of which Other amounts receivable: +€23,072
- Cash -€7,926
down €7,926 (-18.6%), from €42,684 to €34,759
mainly Receivables within one year (-€24,737) and Other debts (-€18,548)
- Profit (loss) carried forward +€29,750
up €29,750 (+416%), from €7,157 to €36,907
- Other debts -€18,548
no longer reported in 2025 (was €18,548)
- Tax, wage and social debts +€7,655
up €7,655 (+74.6%), from €10,261 to €17,916
- Trade debts -€1,783
down €1,783 (-66.6%), from €2,678 to €894
- Gross operating margin +€40,911
up €40,911 (+743%), from €5,509 to €46,420
- Taxes +€13,041
up €13,041 (+1,714%), from €761 to €13,801
- Depreciation +€853
up €853 (+126%), from €676 to €1,529
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 | €50,644 | €67,717 | +€17,073 | +33.7% |
| Fixed assets | 21/28 | €6,220 | €6,627 | +€407 | +6.5% |
| Tangible fixed assets | 22/27 | €6,168 | €6,574 | +€407 | +6.6% |
| Furniture and vehicles | 24 | €890 | €1,291 | +€400 | +45.0% |
| Other tangible fixed assets | 26 | €5,277 | €5,284 | +€7 | +0.1% |
| Financial fixed assets | 28 | €52 | €52 | = | 0.0% |
| Current assets | 29/58 | €44,425 | €61,091 | +€16,666 | +37.5% |
| Amounts receivable within one year | 40/41 | €1,595 | €26,332 | +€24,737 | +1,551% |
| Trade receivables | 40 | €1,595 | €3,260 | +€1,665 | +104% |
| Other amounts receivable | 41 | - | €23,072 | +€23,072 | |
| Cash at bank and in hand | 54/58 | €42,684 | €34,759 | -€7,926 | -18.6% |
| Deferred charges and accrued income | 490/1 | €145 | - | -€145 | |
| Total equity and liabilities | 10/49 | €50,644 | €67,717 | +€17,073 | +33.7% |
| Equity | 10/15 | €19,157 | €48,907 | +€29,750 | +155% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,157 | €36,907 | +€29,750 | +416% |
| Amounts payable | 17/49 | €31,487 | €18,810 | -€12,677 | -40.3% |
| Amounts payable within one year | 42/48 | €31,487 | €18,810 | -€12,677 | -40.3% |
| Trade debts | 44 | €2,678 | €894 | -€1,783 | -66.6% |
| Suppliers | 440/4 | €2,678 | €894 | -€1,783 | -66.6% |
| Taxes, remuneration and social security | 45 | €10,261 | €17,916 | +€7,655 | +74.6% |
| Taxes | 450/3 | €10,261 | €17,916 | +€7,655 | +74.6% |
| Other amounts payable | 47/48 | €18,548 | - | -€18,548 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €676 | €1,529 | +€853 | +126% |
| Other operating charges | 640/8 | €856 | €1,282 | +€425 | +49.7% |
| Gross operating margin | 9900 | €5,509 | €46,420 | +€40,911 | +743% |
| Operating profit (loss) | 9901 | €3,977 | €43,610 | +€39,633 | +996% |
| Financial income | 75/76B | €11 | €123 | +€112 | +1,055% |
| Recurring financial income | 75 | €11 | €123 | +€112 | +1,055% |
| Financial charges | 65/66B | €459 | €182 | -€278 | -60.5% |
| Recurring financial charges | 65 | €459 | €182 | -€278 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €3,528 | €43,551 | +€40,023 | +1,134% |
| Income taxes | 67/77 | €761 | €13,801 | +€13,041 | +1,714% |
| Profit (loss) for the period | 9904 | €2,768 | €29,750 | +€26,982 | +975% |
| Profit (loss) for the period to be appropriated | 9905 | €2,768 | €29,750 | +€26,982 | +975% |
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 29 October 2026 via checked.be.