TERROIRS DIFFUSION: 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.
TERROIRS DIFFUSION
Largest movements
- Cash -€76,957
down €76,957 (-45.3%), from €169,925 to €92,967
mainly Net result for the year (-€58,230) and Debts after one year (-€43,764)
- Receivables within one year -€61,097
down €61,097 (-17.8%), from €342,714 to €281,617
of which Trade receivables: -€71,759
- Tangible fixed assets -€25,159
down €25,159 (-7.6%), from €330,810 to €305,652
of which Land and buildings: -€17,850
- Stocks and contracts +€16,497
up €16,497 (+3.1%), from €532,906 to €549,403
- Reserves -€58,230
down €58,230 (-8.0%), from €724,484 to €666,253
of which Distributable reserves: -€58,230
- Debts after one year -€43,764
down €43,764 (-44.1%), from €99,267 to €55,503
- Tax, wage and social debts -€31,920
down €31,920 (-62.7%), from €50,948 to €19,027
of which Taxes: -€35,192
- Trade debts -€27,155
down €27,155 (-9.4%), from €290,160 to €263,006
- Other debts +€14,747
up €14,747 (+20.2%), from €73,146 to €87,894
- Gross operating margin -€81,250
down €81,250 (-53.4%), from €152,026 to €70,776
- Write-downs +€27,325
new in 2025: €27,325
- Taxes -€15,361
no longer reported in 2025 (was €15,361)
- Staff costs +€5,920
up €5,920 (+11.0%), from €53,942 to €59,863
- Depreciation +€3,963
up €3,963 (+15.5%), from €25,607 to €29,570
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 | €1,383,700 | €1,235,447 | -€148,253 | -10.7% |
| Fixed assets | 21/28 | €330,934 | €305,652 | -€25,283 | -7.6% |
| Tangible fixed assets | 22/27 | €330,810 | €305,652 | -€25,159 | -7.6% |
| Land and buildings | 22 | €295,050 | €277,200 | -€17,850 | -6.0% |
| Plant, machinery and equipment | 23 | €1,702 | €1,465 | -€237 | -13.9% |
| Furniture and vehicles | 24 | €34,058 | €26,987 | -€7,071 | -20.8% |
| Financial fixed assets | 28 | €124 | - | -€124 | |
| Current assets | 29/58 | €1,052,765 | €929,796 | -€122,970 | -11.7% |
| Stocks and contracts in progress | 3 | €532,906 | €549,403 | +€16,497 | +3.1% |
| Stocks | 30/36 | €532,906 | €549,403 | +€16,497 | +3.1% |
| Amounts receivable within one year | 40/41 | €342,714 | €281,617 | -€61,097 | -17.8% |
| Trade receivables | 40 | €285,683 | €213,924 | -€71,759 | -25.1% |
| Other amounts receivable | 41 | €57,032 | €67,694 | +€10,662 | +18.7% |
| Cash at bank and in hand | 54/58 | €169,925 | €92,967 | -€76,957 | -45.3% |
| Deferred charges and accrued income | 490/1 | €7,220 | €5,808 | -€1,412 | -19.6% |
| Total equity and liabilities | 10/49 | €1,383,700 | €1,235,447 | -€148,253 | -10.7% |
| Equity | 10/15 | €824,484 | €766,253 | -€58,230 | -7.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €724,484 | €666,253 | -€58,230 | -8.0% |
| Tax-exempt reserves | 132 | €14,998 | €14,998 | = | 0.0% |
| Distributable reserves | 133 | €709,486 | €651,256 | -€58,230 | -8.2% |
| Amounts payable | 17/49 | €559,216 | €469,194 | -€90,022 | -16.1% |
| Amounts payable after more than one year | 17 | €99,267 | €55,503 | -€43,764 | -44.1% |
| Financial debts | 170/4 | €99,267 | €55,503 | -€43,764 | -44.1% |
| Amounts payable within one year | 42/48 | €457,459 | €413,691 | -€43,768 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €43,204 | €43,764 | +€560 | +1.3% |
| Trade debts | 44 | €290,160 | €263,006 | -€27,155 | -9.4% |
| Suppliers | 440/4 | €290,160 | €263,006 | -€27,155 | -9.4% |
| Taxes, remuneration and social security | 45 | €50,948 | €19,027 | -€31,920 | -62.7% |
| Taxes | 450/3 | €43,977 | €8,785 | -€35,192 | -80.0% |
| Remuneration and social security | 454/9 | €6,971 | €10,243 | +€3,271 | +46.9% |
| Other amounts payable | 47/48 | €73,146 | €87,894 | +€14,747 | +20.2% |
| Accrued charges and deferred income | 492/3 | €2,490 | - | -€2,490 | |
| Non-recurring operating income | 76A | €37,000 | - | -€37,000 | |
| Remuneration, social security and pensions | 62 | €53,942 | €59,863 | +€5,920 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,607 | €29,570 | +€3,963 | +15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €27,325 | +€27,325 | |
| Other operating charges | 640/8 | €10,101 | €7,483 | -€2,618 | -25.9% |
| Non-recurring operating charges | 66A | €633 | - | -€633 | |
| Gross operating margin | 9900 | €152,026 | €70,776 | -€81,250 | -53.4% |
| Operating profit (loss) | 9901 | €61,742 | -€53,465 | -€115,207 | |
| Financial income | 75/76B | €87 | €391 | +€304 | +351% |
| Recurring financial income | 75 | €87 | €391 | +€304 | +351% |
| Financial charges | 65/66B | €4,578 | €5,156 | +€579 | +12.6% |
| Recurring financial charges | 65 | €4,578 | €5,156 | +€579 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €57,251 | -€58,230 | -€115,481 | |
| Income taxes | 67/77 | €15,361 | - | -€15,361 | |
| Profit (loss) for the period | 9904 | €41,890 | -€58,230 | -€100,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,890 | -€58,230 | -€100,120 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.