Terremans: 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.
Terremans
Largest movements
- Cash -€3,826
down €3,826 (-47.7%), from €8,018 to €4,191
mainly Trade debts (-€2,479) and Receivables within one year (-€1,588)
- Receivables within one year +€1,588
up €1,588 (+3.3%), from €48,205 to €49,794
of which Other amounts receivable: +€2,890
- Trade debts -€2,479
down €2,479 (-55.4%), from €4,475 to €1,996
- Other operating charges -€1,742
down €1,742 (-81.7%), from €2,133 to €391
- Gross operating margin -€728
down €728 (-57.4%), from -€1,268 to -€1,996
- Financial income -€88
down €88 (-3.1%), from €2,862 to €2,774
- Financial charges -€22
down €22 (-10.9%), from €203 to €181
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 | €59,085 | €56,759 | -€2,326 | -3.9% |
| Current assets | 29/58 | €59,085 | €56,759 | -€2,326 | -3.9% |
| Amounts receivable within one year | 40/41 | €48,205 | €49,794 | +€1,588 | +3.3% |
| Trade receivables | 40 | €1,302 | - | -€1,302 | |
| Other amounts receivable | 41 | €46,903 | €49,794 | +€2,890 | +6.2% |
| Cash at bank and in hand | 54/58 | €8,018 | €4,191 | -€3,826 | -47.7% |
| Deferred charges and accrued income | 490/1 | €2,862 | €2,774 | -€88 | -3.1% |
| Total equity and liabilities | 10/49 | €59,085 | €56,759 | -€2,326 | -3.9% |
| Equity | 10/15 | €54,557 | €54,763 | +€206 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,955 | €23,955 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,103 | €2,103 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,103 | €2,103 | = | 0.0% |
| Distributable reserves | 133 | €21,851 | €21,851 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,403 | €24,609 | +€206 | +0.8% |
| Amounts payable | 17/49 | €4,527 | €1,996 | -€2,532 | -55.9% |
| Amounts payable within one year | 42/48 | €4,527 | €1,996 | -€2,532 | -55.9% |
| Trade debts | 44 | €4,475 | €1,996 | -€2,479 | -55.4% |
| Suppliers | 440/4 | €4,475 | €1,996 | -€2,479 | -55.4% |
| Taxes, remuneration and social security | 45 | €52 | - | -€52 | |
| Taxes | 450/3 | €52 | - | -€52 | |
| Other operating charges | 640/8 | €2,133 | €391 | -€1,742 | -81.7% |
| Gross operating margin | 9900 | -€1,268 | -€1,996 | -€728 | -57.4% |
| Operating profit (loss) | 9901 | -€3,401 | -€2,387 | +€1,014 | +29.8% |
| Financial income | 75/76B | €2,862 | €2,774 | -€88 | -3.1% |
| Recurring financial income | 75 | €2,862 | €2,774 | -€88 | -3.1% |
| Financial charges | 65/66B | €203 | €181 | -€22 | -10.9% |
| Recurring financial charges | 65 | €203 | €181 | -€22 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€742 | €206 | +€948 | |
| Profit (loss) for the period | 9904 | -€742 | €206 | +€948 | |
| Profit (loss) for the period to be appropriated | 9905 | -€742 | €206 | +€948 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.