Terroir Monard: what changed
Two financial 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.
Terroir Monard
Largest movements
- Receivables within one year +€141,850
up €141,850 (+67.1%), from €211,481 to €353,331
of which Trade receivables: +€174,922
- Stocks and contracts +€79,921
up €79,921 (+33.4%), from €239,368 to €319,289
- Cash -€32,265
down €32,265 (-21.9%), from €147,339 to €115,074
mainly Receivables within one year (-€141,850) and Contributions, distributions and other (-€81,000)
- Trade debts +€115,430
up €115,430 (+53.6%), from €215,184 to €330,614
- Other debts +€69,508
up €69,508 (+36.8%), from €189,075 to €258,583
- Gross operating margin -€25,213
down €25,213 (-21.2%), from €118,736 to €93,522
- Taxes +€3,404
up €3,404 (+65.9%), from €5,161 to €8,565
- Financial charges +€2,316
up €2,316 (+216%), from €1,071 to €3,387
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.
Derived cash bridge
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 | €599,425 | €788,977 | +€189,552 | +31.6% |
| Current assets | 29/58 | €599,425 | €788,977 | +€189,552 | +31.6% |
| Stocks and contracts in progress | 3 | €239,368 | €319,289 | +€79,921 | +33.4% |
| Stocks | 30/36 | €239,368 | €319,289 | +€79,921 | +33.4% |
| Amounts receivable within one year | 40/41 | €211,481 | €353,331 | +€141,850 | +67.1% |
| Trade receivables | 40 | €171,614 | €346,536 | +€174,922 | +102% |
| Other amounts receivable | 41 | €39,867 | €6,795 | -€33,072 | -83.0% |
| Cash at bank and in hand | 54/58 | €147,339 | €115,074 | -€32,265 | -21.9% |
| Deferred charges and accrued income | 490/1 | €1,237 | €1,283 | +€47 | +3.8% |
| Total equity and liabilities | 10/49 | €599,425 | €788,977 | +€189,552 | +31.6% |
| Equity | 10/15 | €4,875 | €6,594 | +€1,719 | +35.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,875 | €3,594 | +€1,719 | +91.7% |
| Amounts payable | 17/49 | €594,550 | €782,383 | +€187,833 | +31.6% |
| Amounts payable after more than one year | 17 | €185,130 | €182,821 | -€2,309 | -1.2% |
| Other amounts payable | 178/9 | €185,130 | €182,821 | -€2,309 | -1.2% |
| Amounts payable within one year | 42/48 | €409,420 | €597,762 | +€188,341 | +46.0% |
| Trade debts | 44 | €215,184 | €330,614 | +€115,430 | +53.6% |
| Suppliers | 440/4 | €215,184 | €330,614 | +€115,430 | +53.6% |
| Taxes, remuneration and social security | 45 | €5,161 | €8,565 | +€3,404 | +65.9% |
| Taxes | 450/3 | €5,161 | €8,565 | +€3,404 | +65.9% |
| Other amounts payable | 47/48 | €189,075 | €258,583 | +€69,508 | +36.8% |
| Accrued charges and deferred income | 492/3 | - | €1,800 | +€1,800 | |
| Other operating charges | 640/8 | €1,058 | €123 | -€935 | -88.4% |
| Gross operating margin | 9900 | €118,736 | €93,522 | -€25,213 | -21.2% |
| Operating profit (loss) | 9901 | €117,678 | €93,399 | -€24,278 | -20.6% |
| Financial income | 75/76B | €1,177 | €1,272 | +€95 | +8.0% |
| Recurring financial income | 75 | €1,177 | €1,272 | +€95 | +8.0% |
| Financial charges | 65/66B | €1,071 | €3,387 | +€2,316 | +216% |
| Recurring financial charges | 65 | €1,071 | €3,387 | +€2,316 | +216% |
| Profit (loss) for the period before taxes | 9903 | €117,784 | €91,284 | -€26,499 | -22.5% |
| Income taxes | 67/77 | €5,161 | €8,565 | +€3,404 | +65.9% |
| Profit (loss) for the period | 9904 | €112,623 | €82,719 | -€29,903 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €112,623 | €82,719 | -€29,903 | -26.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.