Terryn Surgical: 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 Surgical
Largest movements
- Cash -€23,152
down €23,152 (-25.8%), from €89,581 to €66,430
mainly Net result for the year (-€32,783) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets -€9,441
no longer reported in 2025 (was €9,441)
- Reserves -€52,783
down €52,783 (-89.3%), from €59,092 to €6,309
- Other debts +€21,579
up €21,579 (+73.8%), from €29,248 to €50,827
- Tax, wage and social debts -€4,575
down €4,575 (-93.5%), from €4,892 to €317
- Trade debts +€2,943
up €2,943 (+150%), from €1,966 to €4,909
- Gross operating margin -€54,993
down €54,993, from €34,407 to -€20,586
- Taxes -€4,117
down €4,117 (-84.2%), from €4,892 to €774
- Depreciation -€2,196
down €2,196 (-18.1%), from €12,132 to €9,936
- Other operating charges -€1,471
down €1,471 (-54.6%), from €2,694 to €1,223
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 | €100,653 | €67,362 | -€33,291 | -33.1% |
| Fixed assets | 21/28 | €9,936 | - | -€9,936 | |
| Intangible fixed assets | 21 | €495 | - | -€495 | |
| Tangible fixed assets | 22/27 | €9,441 | - | -€9,441 | |
| Furniture and vehicles | 24 | €9,441 | - | -€9,441 | |
| Current assets | 29/58 | €90,717 | €67,362 | -€23,355 | -25.7% |
| Cash at bank and in hand | 54/58 | €89,581 | €66,430 | -€23,152 | -25.8% |
| Deferred charges and accrued income | 490/1 | €1,135 | €932 | -€203 | -17.9% |
| Total equity and liabilities | 10/49 | €100,653 | €67,362 | -€33,291 | -33.1% |
| Equity | 10/15 | €64,092 | €11,309 | -€52,783 | -82.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,092 | €6,309 | -€52,783 | -89.3% |
| Distributable reserves | 133 | €59,092 | €6,309 | -€52,783 | -89.3% |
| Amounts payable | 17/49 | €36,561 | €56,053 | +€19,492 | +53.3% |
| Amounts payable within one year | 42/48 | €36,561 | €56,053 | +€19,492 | +53.3% |
| Current portion of amounts payable after more than one year | 42 | €455 | - | -€455 | |
| Trade debts | 44 | €1,966 | €4,909 | +€2,943 | +150% |
| Suppliers | 440/4 | €1,966 | €4,909 | +€2,943 | +150% |
| Taxes, remuneration and social security | 45 | €4,892 | €317 | -€4,575 | -93.5% |
| Taxes | 450/3 | €4,892 | €317 | -€4,575 | -93.5% |
| Other amounts payable | 47/48 | €29,248 | €50,827 | +€21,579 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,132 | €9,936 | -€2,196 | -18.1% |
| Other operating charges | 640/8 | €2,694 | €1,223 | -€1,471 | -54.6% |
| Gross operating margin | 9900 | €34,407 | -€20,586 | -€54,993 | |
| Operating profit (loss) | 9901 | €19,581 | -€31,745 | -€51,326 | |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €342 | €280 | -€62 | -18.1% |
| Recurring financial charges | 65 | €342 | €280 | -€62 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €19,239 | -€32,009 | -€51,248 | |
| Income taxes | 67/77 | €4,892 | €774 | -€4,117 | -84.2% |
| Profit (loss) for the period | 9904 | €14,347 | -€32,783 | -€47,130 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,347 | -€32,783 | -€47,130 |
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 25 October 2026 via checked.be.