TERRENUM: 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.
TERRENUM
Largest movements
- Cash -€219,877
down €219,877 (-98.5%), from €223,303 to €3,427
mainly Current portion of long-term debt (-€120,000) and Other debts (-€96,992)
- Current portion of long-term debt -€120,000
down €120,000 (-26.5%), from €453,230 to €333,230
- Other debts -€96,992
down €96,992 (-24.3%), from €398,841 to €301,849
- Gross operating margin +€161,583
up €161,583 (+99.5%), from -€162,364 to -€780
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 | €374,155 | €154,273 | -€219,882 | -58.8% |
| Current assets | 29/58 | €374,155 | €154,273 | -€219,882 | -58.8% |
| Stocks and contracts in progress | 3 | €1 | €1 | = | 0.0% |
| Stocks | 30/36 | €1 | €1 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €150,850 | €150,845 | -€5 | 0.0% |
| Trade receivables | 40 | €150,845 | €150,845 | = | 0.0% |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €223,303 | €3,427 | -€219,877 | -98.5% |
| Total equity and liabilities | 10/49 | €374,155 | €154,273 | -€219,882 | -58.8% |
| Equity | 10/15 | -€479,634 | -€481,521 | -€1,888 | -0.4% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€854,634 | -€856,521 | -€1,888 | -0.2% |
| Amounts payable | 17/49 | €853,788 | €635,794 | -€217,995 | -25.5% |
| Amounts payable within one year | 42/48 | €853,788 | €635,794 | -€217,995 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €453,230 | €333,230 | -€120,000 | -26.5% |
| Trade debts | 44 | €1,717 | €715 | -€1,003 | -58.4% |
| Suppliers | 440/4 | €1,717 | €715 | -€1,003 | -58.4% |
| Other amounts payable | 47/48 | €398,841 | €301,849 | -€96,992 | -24.3% |
| Other operating charges | 640/8 | €857 | €1,083 | +€227 | +26.4% |
| Gross operating margin | 9900 | -€162,364 | -€780 | +€161,583 | +99.5% |
| Operating profit (loss) | 9901 | -€163,220 | -€1,864 | +€161,357 | +98.9% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€163,244 | -€1,888 | +€161,357 | +98.8% |
| Profit (loss) for the period | 9904 | -€163,244 | -€1,888 | +€161,357 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€163,244 | -€1,888 | +€161,357 | +98.8% |
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 6 October 2026 via checked.be.