TERRIE - BOSTEELS: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
TERRIE - BOSTEELS
Largest movements
- Cash -€22,088
down €22,088 (-74.5%), from €29,667 to €7,579
mainly Investment in fixed assets (net) (-€26,632) and Contributions, distributions and other (-€17,466)
- Tangible fixed assets +€16,519
up €16,519 (+22.6%), from €72,950 to €89,469
of which Furniture and vehicles: +€21,850
- Receivables within one year +€9,906
up €9,906 (+3,596%), from €275 to €10,181
of which Other amounts receivable: +€6,854
- Reserves -€15,770
down €15,770 (-26.6%), from €59,342 to €43,572
- Debts after one year +€15,394
up €15,394 (+54.6%), from €28,218 to €43,611
- Other debts +€5,892
up €5,892 (+931%), from €633 to €6,525
- Tax, wage and social debts -€1,180
down €1,180 (-74.2%), from €1,590 to €410
- Depreciation -€7,228
down €7,228 (-41.7%), from €17,342 to €10,114
- Taxes -€1,360
down €1,360 (-49.9%), from €2,725 to €1,364
- Gross operating margin -€1,082
down €1,082 (-3.9%), from €28,043 to €26,960
- Financial charges +€459
up €459 (+30.7%), from €1,497 to €1,956
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,501 | €112,236 | +€4,735 | +4.4% |
| Fixed assets | 21/28 | €72,950 | €89,469 | +€16,519 | +22.6% |
| Tangible fixed assets | 22/27 | €72,950 | €89,469 | +€16,519 | +22.6% |
| Land and buildings | 22 | €13,495 | €11,916 | -€1,579 | -11.7% |
| Plant, machinery and equipment | 23 | €15,379 | €11,627 | -€3,752 | -24.4% |
| Furniture and vehicles | 24 | €44,076 | €65,925 | +€21,850 | +49.6% |
| Current assets | 29/58 | €34,551 | €22,768 | -€11,784 | -34.1% |
| Stocks and contracts in progress | 3 | €312 | €417 | +€105 | +33.7% |
| Stocks | 30/36 | €312 | €417 | +€105 | +33.7% |
| Amounts receivable within one year | 40/41 | €275 | €10,181 | +€9,906 | +3,596% |
| Trade receivables | 40 | - | €3,052 | +€3,052 | |
| Other amounts receivable | 41 | €275 | €7,129 | +€6,854 | +2,488% |
| Cash at bank and in hand | 54/58 | €29,667 | €7,579 | -€22,088 | -74.5% |
| Deferred charges and accrued income | 490/1 | €4,297 | €4,590 | +€293 | +6.8% |
| Total equity and liabilities | 10/49 | €107,501 | €112,236 | +€4,735 | +4.4% |
| Equity | 10/15 | €65,891 | €50,121 | -€15,770 | -23.9% |
| Contributions | 10/11 | €6,549 | €6,549 | = | 0.0% |
| Reserves | 13 | €59,342 | €43,572 | -€15,770 | -26.6% |
| Distributable reserves | 133 | €59,342 | €43,572 | -€15,770 | -26.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €41,610 | €62,115 | +€20,505 | +49.3% |
| Amounts payable after more than one year | 17 | €28,218 | €43,611 | +€15,394 | +54.6% |
| Financial debts | 170/4 | €28,218 | €43,611 | +€15,394 | +54.6% |
| Amounts payable within one year | 42/48 | €13,392 | €18,373 | +€4,980 | +37.2% |
| Current portion of amounts payable after more than one year | 42 | €9,973 | €10,643 | +€670 | +6.7% |
| Trade debts | 44 | €1,195 | €795 | -€401 | -33.5% |
| Suppliers | 440/4 | €1,195 | €795 | -€401 | -33.5% |
| Taxes, remuneration and social security | 45 | €1,590 | €410 | -€1,180 | -74.2% |
| Taxes | 450/3 | €1,590 | €410 | -€1,180 | -74.2% |
| Other amounts payable | 47/48 | €633 | €6,525 | +€5,892 | +931% |
| Accrued charges and deferred income | 492/3 | - | €131 | +€131 | |
| Non-recurring operating income | 76A | €1,632 | €0 | -€1,632 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,342 | €10,114 | -€7,228 | -41.7% |
| Other operating charges | 640/8 | €1,278 | €1,024 | -€254 | -19.9% |
| Non-recurring operating charges | 66A | - | €10,933 | +€10,933 | |
| Gross operating margin | 9900 | €28,043 | €26,960 | -€1,082 | -3.9% |
| Operating profit (loss) | 9901 | €9,423 | €4,889 | -€4,534 | -48.1% |
| Financial income | 75/76B | €45 | €128 | +€82 | +181% |
| Recurring financial income | 75 | €45 | €128 | +€82 | +181% |
| Financial charges | 65/66B | €1,497 | €1,956 | +€459 | +30.7% |
| Recurring financial charges | 65 | €1,497 | €1,956 | +€459 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €7,971 | €3,060 | -€4,911 | -61.6% |
| Income taxes | 67/77 | €2,725 | €1,364 | -€1,360 | -49.9% |
| Profit (loss) for the period | 9904 | €5,247 | €1,696 | -€3,550 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,247 | €1,696 | -€3,550 | -67.7% |
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 1 November 2026 via checked.be.