TERRIMMO: 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.
TERRIMMO
Largest movements
- Tangible fixed assets -€72,998
down €72,998 (-1.9%), from €3.8m to €3.7m
of which Land and buildings: -€70,450
- Profit (loss) carried forward -€163,204
down €163,204 (-12.9%), from -€1.3m to -€1.4m
- Other debts +€96,545
up €96,545 (+2.0%), from €4.8m to €4.9m
- Financial income -€28,562
no longer reported in 2025 (was €28,562)
- Gross operating margin +€4,799
up €4,799 (+5.5%), from €86,534 to €91,333
- Depreciation +€3,539
up €3,539 (+3.6%), from €98,785 to €102,324
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 | €4,432,634 | €4,364,042 | -€68,592 | -1.5% |
| Fixed assets | 21/28 | €4,407,488 | €4,334,490 | -€72,998 | -1.7% |
| Tangible fixed assets | 22/27 | €3,804,067 | €3,731,069 | -€72,998 | -1.9% |
| Land and buildings | 22 | €3,791,814 | €3,721,364 | -€70,450 | -1.9% |
| Plant, machinery and equipment | 23 | €12,252 | €9,705 | -€2,547 | -20.8% |
| Financial fixed assets | 28 | €603,421 | €603,421 | = | 0.0% |
| Current assets | 29/58 | €25,146 | €29,552 | +€4,406 | +17.5% |
| Amounts receivable within one year | 40/41 | €11,374 | €4,735 | -€6,639 | -58.4% |
| Trade receivables | 40 | €1,020 | - | -€1,020 | |
| Other amounts receivable | 41 | €10,354 | €4,735 | -€5,618 | -54.3% |
| Cash at bank and in hand | 54/58 | €6,726 | €24,704 | +€17,978 | +267.3% |
| Deferred charges and accrued income | 490/1 | €7,047 | €113 | -€6,934 | -98.4% |
| Total equity and liabilities | 10/49 | €4,432,634 | €4,364,042 | -€68,592 | -1.5% |
| Equity | 10/15 | -€518,472 | -€681,676 | -€163,204 | -31.5% |
| Contributions | 10/11 | €746,000 | €746,000 | = | 0.0% |
| Capital | 10 | €746,000 | €746,000 | = | 0.0% |
| Issued capital | 100 | €746,000 | €746,000 | = | 0.0% |
| Reserves | 13 | €2,334 | €2,334 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,334 | €2,334 | = | 0.0% |
| Legal reserve | 130 | €2,334 | €2,334 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,266,806 | -€1,430,009 | -€163,204 | -12.9% |
| Amounts payable | 17/49 | €4,951,106 | €5,045,718 | +€94,612 | +1.9% |
| Amounts payable within one year | 42/48 | €4,828,761 | €4,920,526 | +€91,766 | +1.9% |
| Trade debts | 44 | €6,308 | €1,529 | -€4,780 | -75.8% |
| Suppliers | 440/4 | €6,308 | €1,529 | -€4,780 | -75.8% |
| Other amounts payable | 47/48 | €4,822,452 | €4,918,998 | +€96,545 | +2.0% |
| Accrued charges and deferred income | 492/3 | €122,345 | €125,192 | +€2,846 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,785 | €102,324 | +€3,539 | +3.6% |
| Other operating charges | 640/8 | €10,960 | €11,619 | +€659 | +6.0% |
| Gross operating margin | 9900 | €86,534 | €91,333 | +€4,799 | +5.5% |
| Operating profit (loss) | 9901 | -€23,212 | -€22,610 | +€602 | +2.6% |
| Financial income | 75/76B | €28,562 | - | -€28,562 | |
| Recurring financial income | 75 | €28,562 | - | -€28,562 | |
| Financial charges | 65/66B | €140,451 | €140,594 | +€143 | +0.1% |
| Recurring financial charges | 65 | €140,451 | €140,594 | +€143 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€135,101 | -€163,204 | -€28,102 | -20.8% |
| Profit (loss) for the period | 9904 | -€135,101 | -€163,204 | -€28,102 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,101 | -€163,204 | -€28,102 | -20.8% |
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 8 October 2026 via checked.be.