TERRILTRANS: what changed
What changed
TERRILTRANS
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€446,461
2024 · €150,006+€296,455
Equity
€1.8m
2024 · €1.4m+€333,286
Cash
€645,796
2024 · €307,245+€338,552
Balance sheet total
€3.1m
2024 · €2.7m+€359,259
Largest movements
Assets
- Cash +€338,552
up €338,552 (+110%), from €307,245 to €645,796
mainly Net result for the year (+€446,461) and Depreciation (+€417,492)
Equity and liabilities
- Reserves +€333,286
up €333,286 (+25.1%), from €1.3m to €1.7m
- Trade debts -€73,939
down €73,939 (-32.0%), from €230,929 to €156,990
- Current portion of long-term debt +€66,111
up €66,111 (+31.9%), from €207,009 to €273,120
- Tax, wage and social debts +€47,758
up €47,758 (+25.0%), from €191,201 to €238,959
of which Taxes: +€30,358
- Debts after one year -€31,720
down €31,720 (-6.4%), from €494,230 to €462,509
Income statement
- Gross operating margin +€532,573
up €532,573 (+23.8%), from €2.2m to €2.8m
- Taxes +€134,885
up €134,885 (+194%), from €69,524 to €204,409
- Staff costs +€121,883
up €121,883 (+7.7%), from €1.6m to €1.7m
- Financial income +€42,198
up €42,198 (+1,905%), from €2,216 to €44,414
- Depreciation +€38,970
up €38,970 (+10.3%), from €378,523 to €417,492
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
€150,006
Gross operating margin
+€532,573
Staff costs
-€121,883
Depreciation
-€38,970
Other operating charges
-€5,884
Financial income
+€42,198
Financial charges
+€23,305
Taxes
-€134,885
Result 2025
€446,461
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
+€827,776
Investment
-€416,515
Financing
-€72,709
Cash 2024
€307,245
From operations (derived)
+€827,776
Net result for the year
+€446,461
Depreciation
+€417,492
Stocks and contracts
-€7,430
Receivables within one year
-€11,322
Deferred charges and accrued income
-€2,933
Trade debts
-€73,939
Tax, wage and social debts
+€47,758
Other debts
+€11,689
Investment (derived)
-€416,515
Investment in fixed assets (net)
-€407,686
Current investments
-€8,829
Financing
-€72,709
Debts after one year
-€31,720
Current portion of long-term debt
+€66,111
Short-term financial debts
+€6,076
Contributions, distributions and other
-€113,175
Cash 2025
€645,796
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,732,408 | €3,091,667 | +€359,259 | +13.1% |
| Fixed assets | 21/28 | €990,892 | €981,086 | -€9,807 | -1.0% |
| Tangible fixed assets | 22/27 | €908,120 | €898,313 | -€9,807 | -1.1% |
| Plant, machinery and equipment | 23 | €24,074 | €22,691 | -€1,383 | -5.7% |
| Furniture and vehicles | 24 | €443,333 | €562,307 | +€118,974 | +26.8% |
| Leasing and similar rights | 25 | €440,713 | €313,315 | -€127,398 | -28.9% |
| Financial fixed assets | 28 | €82,772 | €82,772 | = | 0.0% |
| Current assets | 29/58 | €1,741,516 | €2,110,582 | +€369,066 | +21.2% |
| Stocks and contracts in progress | 3 | €9,580 | €17,010 | +€7,430 | +77.6% |
| Stocks | 30/36 | €9,580 | €17,010 | +€7,430 | +77.6% |
| Amounts receivable within one year | 40/41 | €888,771 | €900,094 | +€11,322 | +1.3% |
| Trade receivables | 40 | €853,286 | €900,094 | +€46,808 | +5.5% |
| Other amounts receivable | 41 | €35,486 | - | -€35,486 | |
| Current investments | 50/53 | €535,920 | €544,749 | +€8,829 | +1.6% |
| Cash at bank and in hand | 54/58 | €307,245 | €645,796 | +€338,552 | +110% |
| Deferred charges and accrued income | 490/1 | - | €2,933 | +€2,933 | |
| Total equity and liabilities | 10/49 | €2,732,408 | €3,091,667 | +€359,259 | +13.1% |
| Equity | 10/15 | €1,430,628 | €1,763,914 | +€333,286 | +23.3% |
| Contributions | 10/11 | €101,700 | €101,700 | = | 0.0% |
| Reserves | 13 | €1,328,928 | €1,662,214 | +€333,286 | +25.1% |
| Distributable reserves | 133 | €1,328,928 | €1,662,214 | +€333,286 | +25.1% |
| Amounts payable | 17/49 | €1,301,780 | €1,327,753 | +€25,973 | +2.0% |
| Amounts payable after more than one year | 17 | €494,230 | €462,509 | -€31,720 | -6.4% |
| Financial debts | 170/4 | €494,230 | €462,509 | -€31,720 | -6.4% |
| Amounts payable within one year | 42/48 | €807,550 | €865,244 | +€57,694 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €207,009 | €273,120 | +€66,111 | +31.9% |
| Financial debts | 43 | €39,480 | €45,556 | +€6,076 | +15.4% |
| Credit institutions | 430/8 | €39,480 | €45,556 | +€6,076 | +15.4% |
| Trade debts | 44 | €230,929 | €156,990 | -€73,939 | -32.0% |
| Suppliers | 440/4 | €230,929 | €156,990 | -€73,939 | -32.0% |
| Taxes, remuneration and social security | 45 | €191,201 | €238,959 | +€47,758 | +25.0% |
| Taxes | 450/3 | €59,623 | €89,981 | +€30,358 | +50.9% |
| Remuneration and social security | 454/9 | €131,578 | €148,978 | +€17,400 | +13.2% |
| Other amounts payable | 47/48 | €138,931 | €150,620 | +€11,689 | +8.4% |
| Remuneration, social security and pensions | 62 | €1,577,321 | €1,699,204 | +€121,883 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378,523 | €417,492 | +€38,970 | +10.3% |
| Other operating charges | 640/8 | €13,394 | €19,277 | +€5,884 | +43.9% |
| Gross operating margin | 9900 | €2,241,333 | €2,773,907 | +€532,573 | +23.8% |
| Operating profit (loss) | 9901 | €272,096 | €637,933 | +€365,837 | +134% |
| Financial income | 75/76B | €2,216 | €44,414 | +€42,198 | +1,905% |
| Recurring financial income | 75 | €2,216 | €44,414 | +€42,198 | +1,905% |
| Financial charges | 65/66B | €54,781 | €31,476 | -€23,305 | -42.5% |
| Recurring financial charges | 65 | €29,946 | €28,690 | -€1,256 | -4.2% |
| Non-recurring financial charges | 66B | €24,835 | €2,786 | -€22,049 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | €219,530 | €650,870 | +€431,340 | +196% |
| Income taxes | 67/77 | €69,524 | €204,409 | +€134,885 | +194% |
| Profit (loss) for the period | 9904 | €150,006 | €446,461 | +€296,455 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €150,006 | €446,461 | +€296,455 | +198% |
Next steps
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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.