TERRY CONSTRUCT: 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.
TERRY CONSTRUCT
Largest movements
- Stocks and contracts -€898,504
down €898,504 (-71.3%), from €1.3m to €361,361
- Receivables within one year +€81,211
up €81,211 (+22.4%), from €361,811 to €443,022
of which Trade receivables: +€72,044
- Cash +€67,946
up €67,946 (+745.6%), from €9,113 to €77,059
mainly Stocks and contracts (+€898,504) and Other debts (+€113,646)
- Accrued charges and deferred income -€626,986
no longer reported in 2024 (was €626,986)
- Debts after one year -€200,000
down €200,000 (-48.4%), from €413,045 to €213,045
- Other debts +€113,646
up €113,646 (+26.0%), from €436,634 to €550,280
- Trade debts +€92,344
up €92,344 (+66.6%), from €138,565 to €230,908
- Tax, wage and social debts -€67,409
down €67,409 (-99.7%), from €67,611 to €202
- Gross operating margin -€87,872
down €87,872, from €37,479 to -€50,393
- Financial charges -€14,182
down €14,182 (-50.0%), from €28,353 to €14,171
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,631,175 | €883,442 | -€747,733 | -45.8% |
| Current assets | 29/58 | €1,631,175 | €883,442 | -€747,733 | -45.8% |
| Stocks and contracts in progress | 3 | €1,259,865 | €361,361 | -€898,504 | -71.3% |
| Stocks | 30/36 | €1,259,865 | €361,361 | -€898,504 | -71.3% |
| Amounts receivable within one year | 40/41 | €361,811 | €443,022 | +€81,211 | +22.4% |
| Trade receivables | 40 | €107,403 | €179,448 | +€72,044 | +67.1% |
| Other amounts receivable | 41 | €254,408 | €263,574 | +€9,166 | +3.6% |
| Cash at bank and in hand | 54/58 | €9,113 | €77,059 | +€67,946 | +745.6% |
| Deferred charges and accrued income | 490/1 | €386 | €2,001 | +€1,615 | +418.7% |
| Total equity and liabilities | 10/49 | €1,631,175 | €883,442 | -€747,733 | -45.8% |
| Equity | 10/15 | -€51,666 | -€110,993 | -€59,327 | -114.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,866 | -€117,193 | -€59,327 | -102.5% |
| Amounts payable | 17/49 | €1,682,841 | €994,435 | -€688,405 | -40.9% |
| Amounts payable after more than one year | 17 | €413,045 | €213,045 | -€200,000 | -48.4% |
| Financial debts | 170/4 | €413,045 | €213,045 | -€200,000 | -48.4% |
| Amounts payable within one year | 42/48 | €642,810 | €781,390 | +€138,581 | +21.6% |
| Trade debts | 44 | €138,565 | €230,908 | +€92,344 | +66.6% |
| Suppliers | 440/4 | €138,565 | €230,908 | +€92,344 | +66.6% |
| Taxes, remuneration and social security | 45 | €67,611 | €202 | -€67,409 | -99.7% |
| Taxes | 450/3 | €67,611 | €202 | -€67,409 | -99.7% |
| Other amounts payable | 47/48 | €436,634 | €550,280 | +€113,646 | +26.0% |
| Accrued charges and deferred income | 492/3 | €626,986 | - | -€626,986 | |
| Other operating charges | 640/8 | €1,186 | €1,124 | -€63 | -5.3% |
| Gross operating margin | 9900 | €37,479 | -€50,393 | -€87,872 | |
| Operating profit (loss) | 9901 | €36,292 | -€51,516 | -€87,809 | |
| Financial income | 75/76B | €6,215 | €6,360 | +€145 | +2.3% |
| Recurring financial income | 75 | €6,215 | €6,360 | +€145 | +2.3% |
| Financial charges | 65/66B | €28,353 | €14,171 | -€14,182 | -50.0% |
| Recurring financial charges | 65 | €28,353 | €14,171 | -€14,182 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €14,155 | -€59,327 | -€73,482 | |
| Profit (loss) for the period | 9904 | €14,155 | -€59,327 | -€73,482 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,155 | -€59,327 | -€73,482 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.