TERRES DES ILES: what changed
What changed
TERRES DES ILES
NACE 79.110, Travel agency activities
filed annual accounts (NBB)
Net result for the year
€12,738
2024 · €129,155-€116,417
Equity
€135,965
2024 · €123,227+€12,738
Cash
€354
2024 · €873-€519
Balance sheet total
€788,268
2024 · €915,197-€126,929
Largest movements
Assets
- Receivables within one year -€147,552
down €147,552 (-20.1%), from €735,668 to €588,116
of which Other amounts receivable: -€156,974
- Deferred charges and accrued income +€29,373
up €29,373 (+19.7%), from €149,284 to €178,656
Equity and liabilities
- Current portion of long-term debt -€149,520
down €149,520 (-95.4%), from €156,783 to €7,263
- Other debts +€14,600
new in 2025: €14,600
- Profit (loss) carried forward +€12,738
up €12,738 (+38.9%), from €32,767 to €45,505
Income statement
- Financial income -€120,141
down €120,141 (-80.3%), from €149,570 to €29,429
- Financial charges -€5,089
down €5,089 (-20.3%), from €25,060 to €19,971
- Gross operating margin -€699
down €699 (-5.1%), from €13,584 to €12,885
- Other operating charges +€502
up €502 (+70.3%), from €715 to €1,218
- Depreciation +€171
up €171 (+2.1%), from €8,060 to €8,231
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€129,155
Gross operating margin
-€699
Depreciation
-€171
Other operating charges
-€502
Financial income
-€120,141
Financial charges
+€5,089
Taxes
+€7
Result 2025
€12,738
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€156,265
Investment
€0
Financing
-€156,783
Cash 2024
€873
From operations (derived)
+€156,265
Net result for the year
+€12,738
Depreciation
+€8,231
Receivables within one year
+€147,552
Deferred charges and accrued income
-€29,373
Trade debts
+€238
Tax, wage and social debts
+€2,278
Other debts
+€14,600
Financing
-€156,783
Debts after one year
-€7,263
Current portion of long-term debt
-€149,520
Cash 2025
€354
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €915,197 | €788,268 | -€126,929 | -13.9% |
| Fixed assets | 21/28 | €29,372 | €21,141 | -€8,231 | -28.0% |
| Tangible fixed assets | 22/27 | €29,372 | €21,141 | -€8,231 | -28.0% |
| Furniture and vehicles | 24 | €29,372 | €21,141 | -€8,231 | -28.0% |
| Current assets | 29/58 | €885,825 | €767,127 | -€118,698 | -13.4% |
| Amounts receivable within one year | 40/41 | €735,668 | €588,116 | -€147,552 | -20.1% |
| Trade receivables | 40 | - | €9,422 | +€9,422 | |
| Other amounts receivable | 41 | €735,668 | €578,694 | -€156,974 | -21.3% |
| Cash at bank and in hand | 54/58 | €873 | €354 | -€519 | -59.4% |
| Deferred charges and accrued income | 490/1 | €149,284 | €178,656 | +€29,373 | +19.7% |
| Total equity and liabilities | 10/49 | €915,197 | €788,268 | -€126,929 | -13.9% |
| Equity | 10/15 | €123,227 | €135,965 | +€12,738 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,860 | €71,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,767 | €45,505 | +€12,738 | +38.9% |
| Amounts payable | 17/49 | €791,970 | €652,303 | -€139,667 | -17.6% |
| Amounts payable after more than one year | 17 | €631,999 | €624,736 | -€7,263 | -1.1% |
| Financial debts | 170/4 | €631,999 | €624,736 | -€7,263 | -1.1% |
| Amounts payable within one year | 42/48 | €159,971 | €27,567 | -€132,404 | -82.8% |
| Current portion of amounts payable after more than one year | 42 | €156,783 | €7,263 | -€149,520 | -95.4% |
| Trade debts | 44 | €2,629 | €2,866 | +€238 | +9.0% |
| Suppliers | 440/4 | €2,629 | €2,866 | +€238 | +9.0% |
| Taxes, remuneration and social security | 45 | €559 | €2,837 | +€2,278 | +408% |
| Taxes | 450/3 | €559 | €2,837 | +€2,278 | +408% |
| Other amounts payable | 47/48 | - | €14,600 | +€14,600 | |
| Non-recurring operating income | 76A | €4,470 | - | -€4,470 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,060 | €8,231 | +€171 | +2.1% |
| Other operating charges | 640/8 | €715 | €1,218 | +€502 | +70.3% |
| Gross operating margin | 9900 | €13,584 | €12,885 | -€699 | -5.1% |
| Operating profit (loss) | 9901 | €4,809 | €3,436 | -€1,373 | -28.6% |
| Financial income | 75/76B | €149,570 | €29,429 | -€120,141 | -80.3% |
| Recurring financial income | 75 | €149,570 | €29,429 | -€120,141 | -80.3% |
| Financial charges | 65/66B | €25,060 | €19,971 | -€5,089 | -20.3% |
| Recurring financial charges | 65 | €25,060 | €19,971 | -€5,089 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €129,318 | €12,894 | -€116,425 | -90.0% |
| Income taxes | 67/77 | €163 | €156 | -€7 | -4.5% |
| Profit (loss) for the period | 9904 | €129,155 | €12,738 | -€116,417 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €129,155 | €12,738 | -€116,417 | -90.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.