Terreno: 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.
Terreno
Largest movements
- Stocks and contracts +€52,161
up €52,161 (+1.5%), from €3.5m to €3.6m
- Other debts +€80,000
up €80,000 (+3.0%), from €2.6m to €2.7m
- Financial charges -€872
down €872 (-78.9%), from €1,105 to €233
- Other operating charges +€24
up €24 (+2.5%), from €975 to €998
- Gross operating margin -€3
down €3 (-3.1%), from -€85 to -€88
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 | €3,523,536 | €3,602,216 | +€78,680 | +2.2% |
| Current assets | 29/58 | €3,523,536 | €3,602,216 | +€78,680 | +2.2% |
| Stocks and contracts in progress | 3 | €3,519,697 | €3,571,858 | +€52,161 | +1.5% |
| Stocks | 30/36 | €3,519,697 | €3,571,858 | +€52,161 | +1.5% |
| Cash at bank and in hand | 54/58 | €3,839 | €30,359 | +€26,520 | +690.8% |
| Total equity and liabilities | 10/49 | €3,523,536 | €3,602,216 | +€78,680 | +2.2% |
| Equity | 10/15 | -€12,464 | -€13,784 | -€1,320 | -10.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,464 | -€23,784 | -€1,320 | -5.9% |
| Amounts payable | 17/49 | €3,536,000 | €3,616,000 | +€80,000 | +2.3% |
| Amounts payable within one year | 42/48 | €3,536,000 | €3,616,000 | +€80,000 | +2.3% |
| Financial debts | 43 | €906,000 | €906,000 | = | 0.0% |
| Credit institutions | 430/8 | €906,000 | €906,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,630,000 | €2,710,000 | +€80,000 | +3.0% |
| Other operating charges | 640/8 | €975 | €998 | +€24 | +2.5% |
| Gross operating margin | 9900 | -€85 | -€88 | -€3 | -3.1% |
| Operating profit (loss) | 9901 | -€1,060 | -€1,086 | -€27 | -2.5% |
| Financial charges | 65/66B | €1,105 | €233 | -€872 | -78.9% |
| Recurring financial charges | 65 | €1,105 | €233 | -€872 | -78.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,165 | -€1,320 | +€845 | +39.0% |
| Profit (loss) for the period | 9904 | -€2,165 | -€1,320 | +€845 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,165 | -€1,320 | +€845 | +39.0% |
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 7 October 2026 via checked.be.