TERRYN S: 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.
TERRYN S
Largest movements
- Receivables within one year +€50,225
up €50,225 (+1,028%), from €4,884 to €55,109
of which Trade receivables: +€52,730
- Tangible fixed assets -€37,571
no longer reported in 2024 (was €37,571)
of which Plant, machinery and equipment: -€21,896
- Cash -€34,711
down €34,711 (-50.7%), from €68,451 to €33,740
mainly Receivables within one year (-€50,225) and Debts after one year (-€9,197)
- Stocks and contracts -€1,720
no longer reported in 2024 (was €1,720)
- Debts after one year -€9,197
down €9,197 (-48.3%), from €19,049 to €9,851
- Current portion of long-term debt -€5,449
down €5,449 (-37.4%), from €14,572 to €9,123
- Trade debts -€5,133
down €5,133 (-66.0%), from €7,775 to €2,642
- Other debts -€4,353
down €4,353 (-59.8%), from €7,283 to €2,931
- Turnover -€94,495
no longer reported in 2024 (was €94,495)
- Purchases and services -€79,040
no longer reported in 2024 (was €79,040)
- Depreciation -€17,848
no longer reported in 2024 (was €17,848)
- Gross operating margin -€13,932
down €13,932 (-90.1%), from €15,454 to €1,523
- Financial income -€7,221
down €7,221 (-45.1%), from €16,019 to €8,798
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.
Derived cash bridge
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 | €114,092 | €90,314 | -€23,778 | -20.8% |
| Fixed assets | 21/28 | €37,571 | - | -€37,571 | |
| Tangible fixed assets | 22/27 | €37,571 | - | -€37,571 | |
| Plant, machinery and equipment | 23 | €21,896 | - | -€21,896 | |
| Furniture and vehicles | 24 | €15,675 | - | -€15,675 | |
| Current assets | 29/58 | €76,520 | €90,314 | +€13,793 | +18.0% |
| Stocks and contracts in progress | 3 | €1,720 | - | -€1,720 | |
| Stocks | 30/36 | €1,720 | - | -€1,720 | |
| Amounts receivable within one year | 40/41 | €4,884 | €55,109 | +€50,225 | +1,028% |
| Trade receivables | 40 | €365 | €53,095 | +€52,730 | +14,447% |
| Other amounts receivable | 41 | €4,519 | €2,014 | -€2,505 | -55.4% |
| Cash at bank and in hand | 54/58 | €68,451 | €33,740 | -€34,711 | -50.7% |
| Deferred charges and accrued income | 490/1 | €1,465 | €1,465 | = | 0.0% |
| Total equity and liabilities | 10/49 | €114,092 | €90,314 | -€23,778 | -20.8% |
| Equity | 10/15 | €62,730 | €62,453 | -€277 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,000 | €43,000 | = | 0.0% |
| Distributable reserves | 133 | €43,000 | €43,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,530 | €13,253 | -€277 | -2.0% |
| Amounts payable | 17/49 | €51,362 | €27,861 | -€23,501 | -45.8% |
| Amounts payable after more than one year | 17 | €19,049 | €9,851 | -€9,197 | -48.3% |
| Financial debts | 170/4 | €19,049 | €9,851 | -€9,197 | -48.3% |
| Amounts payable within one year | 42/48 | €32,313 | €18,010 | -€14,303 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €14,572 | €9,123 | -€5,449 | -37.4% |
| Trade debts | 44 | €7,775 | €2,642 | -€5,133 | -66.0% |
| Suppliers | 440/4 | €7,775 | €2,642 | -€5,133 | -66.0% |
| Taxes, remuneration and social security | 45 | €2,683 | €3,314 | +€631 | +23.5% |
| Taxes | 450/3 | €2,683 | €2,864 | +€181 | +6.7% |
| Remuneration and social security | 454/9 | - | €450 | +€450 | |
| Other amounts payable | 47/48 | €7,283 | €2,931 | -€4,353 | -59.8% |
| Turnover | 70 | €94,495 | - | -€94,495 | |
| Goods, raw materials, services and sundry goods | 60/61 | €79,040 | - | -€79,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,848 | - | -€17,848 | |
| Other operating charges | 640/8 | €607 | €1,177 | +€570 | +93.9% |
| Non-recurring operating charges | 66A | - | €8,149 | +€8,149 | |
| Gross operating margin | 9900 | €15,454 | €1,523 | -€13,932 | -90.1% |
| Operating profit (loss) | 9901 | -€3,000 | -€7,803 | -€4,803 | -160% |
| Financial income | 75/76B | €16,019 | €8,798 | -€7,221 | -45.1% |
| Recurring financial income | 75 | €8,945 | €8,798 | -€147 | -1.6% |
| Non-recurring financial income | 76B | €7,074 | €8,798 | +€1,724 | +24.4% |
| Financial charges | 65/66B | €968 | €1,091 | +€123 | +12.7% |
| Recurring financial charges | 65 | €968 | €1,091 | +€123 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €12,051 | -€96 | -€12,147 | |
| Income taxes | 67/77 | €2,683 | €181 | -€2,502 | -93.3% |
| Profit (loss) for the period | 9904 | €9,368 | -€277 | -€9,645 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,368 | -€277 | -€9,645 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.