TerroirSud: 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.
TerroirSud
Largest movements
- Tangible fixed assets -€8,004
down €8,004 (-21.7%), from €36,804 to €28,800
of which Furniture and vehicles: -€4,800
- Receivables within one year -€7,410
down €7,410 (-51.9%), from €14,275 to €6,865
of which Other amounts receivable: -€7,410
- Profit (loss) carried forward -€9,373
down €9,373, from €818 to -€8,554
- Other debts +€8,719
up €8,719 (+43.4%), from €20,090 to €28,808
- Trade debts -€8,694
down €8,694 (-85.5%), from €10,163 to €1,469
- Debts after one year -€3,916
down €3,916 (-100.0%), from €3,916 to €0
- Current portion of long-term debt -€3,837
down €3,837 (-49.5%), from €7,753 to €3,916
- Gross operating margin -€12,354
down €12,354, from €9,780 to -€2,574
- Depreciation -€1,400
down €1,400 (-21.8%), from €6,408 to €5,008
- Other operating charges -€359
down €359 (-27.6%), from €1,302 to €943
- Taxes -€151
down €151 (-100.0%), from €151 to €0
- Financial charges -€106
down €106 (-11.1%), from €954 to €848
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 | €52,891 | €36,790 | -€16,101 | -30.4% |
| Formation expenses | 20 | €312 | €104 | -€208 | -66.7% |
| Fixed assets | 21/28 | €36,804 | €28,800 | -€8,004 | -21.7% |
| Tangible fixed assets | 22/27 | €36,804 | €28,800 | -€8,004 | -21.7% |
| Plant, machinery and equipment | 23 | €3,204 | €0 | -€3,204 | -100.0% |
| Furniture and vehicles | 24 | €33,600 | €28,800 | -€4,800 | -14.3% |
| Current assets | 29/58 | €15,774 | €7,886 | -€7,889 | -50.0% |
| Amounts receivable within one year | 40/41 | €14,275 | €6,865 | -€7,410 | -51.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €14,275 | €6,865 | -€7,410 | -51.9% |
| Cash at bank and in hand | 54/58 | €849 | €329 | -€520 | -61.2% |
| Deferred charges and accrued income | 490/1 | €651 | €692 | +€41 | +6.3% |
| Total equity and liabilities | 10/49 | €52,891 | €36,790 | -€16,101 | -30.4% |
| Equity | 10/15 | €10,818 | €1,446 | -€9,373 | -86.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €818 | -€8,554 | -€9,373 | |
| Amounts payable | 17/49 | €42,073 | €35,344 | -€6,729 | -16.0% |
| Amounts payable after more than one year | 17 | €3,916 | €0 | -€3,916 | -100.0% |
| Financial debts | 170/4 | €3,916 | €0 | -€3,916 | -100.0% |
| Amounts payable within one year | 42/48 | €38,157 | €35,344 | -€2,813 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €7,753 | €3,916 | -€3,837 | -49.5% |
| Trade debts | 44 | €10,163 | €1,469 | -€8,694 | -85.5% |
| Suppliers | 440/4 | €10,163 | €1,469 | -€8,694 | -85.5% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €151 | €151 | = | 0.0% |
| Taxes | 450/3 | €151 | €151 | = | 0.0% |
| Other amounts payable | 47/48 | €20,090 | €28,808 | +€8,719 | +43.4% |
| Non-recurring operating income | 76A | - | €320 | +€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,408 | €5,008 | -€1,400 | -21.8% |
| Other operating charges | 640/8 | €1,302 | €943 | -€359 | -27.6% |
| Gross operating margin | 9900 | €9,780 | -€2,574 | -€12,354 | |
| Operating profit (loss) | 9901 | €2,070 | -€8,525 | -€10,595 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €954 | €848 | -€106 | -11.1% |
| Recurring financial charges | 65 | €954 | €848 | -€106 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €1,116 | -€9,373 | -€10,488 | |
| Income taxes | 67/77 | €151 | €0 | -€151 | -100.0% |
| Profit (loss) for the period | 9904 | €964 | -€9,373 | -€10,337 | |
| Profit (loss) for the period to be appropriated | 9905 | €964 | -€9,373 | -€10,337 |
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 12 October 2026 via checked.be.