TERYA GROUP: 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.
TERYA GROUP
Largest movements
- Financial fixed assets +€520,200
up €520,200 (+3,468%), from €15,000 to €535,200
- Receivables within one year -€199,891
down €199,891 (-75.9%), from €263,435 to €63,545
of which Other amounts receivable: -€249,128
- Cash +€8,619
up €8,619 (+77.7%), from €11,097 to €19,716
mainly Current portion of long-term debt (+€500,000) and Receivables within one year (+€199,891)
- Current portion of long-term debt +€500,000
new in 2025: €500,000
- Profit (loss) carried forward -€236,278
down €236,278 (-98.4%), from -€240,001 to -€476,279
- Trade debts +€58,932
up €58,932 (+295%), from €19,978 to €78,910
- Gross operating margin +€24,513
up €24,513 (+13.5%), from -€181,957 to -€157,443
- Staff costs +€17,062
up €17,062 (+30.5%), from €56,018 to €73,081
- Other operating charges +€2,926
up €2,926 (+262%), from €1,118 to €4,044
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 | €291,647 | €619,611 | +€327,963 | +112% |
| Fixed assets | 21/28 | €16,561 | €536,066 | +€519,505 | +3,137% |
| Tangible fixed assets | 22/27 | €1,561 | €866 | -€695 | -44.5% |
| Furniture and vehicles | 24 | €1,561 | €866 | -€695 | -44.5% |
| Financial fixed assets | 28 | €15,000 | €535,200 | +€520,200 | +3,468% |
| Current assets | 29/58 | €275,087 | €83,545 | -€191,542 | -69.6% |
| Amounts receivable within one year | 40/41 | €263,435 | €63,545 | -€199,891 | -75.9% |
| Trade receivables | 40 | - | €49,238 | +€49,238 | |
| Other amounts receivable | 41 | €263,435 | €14,307 | -€249,128 | -94.6% |
| Cash at bank and in hand | 54/58 | €11,097 | €19,716 | +€8,619 | +77.7% |
| Deferred charges and accrued income | 490/1 | €554 | €284 | -€271 | -48.8% |
| Total equity and liabilities | 10/49 | €291,647 | €619,611 | +€327,963 | +112% |
| Equity | 10/15 | €259,999 | €23,721 | -€236,278 | -90.9% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€240,001 | -€476,279 | -€236,278 | -98.4% |
| Amounts payable | 17/49 | €31,648 | €595,890 | +€564,242 | +1,783% |
| Amounts payable within one year | 42/48 | €31,648 | €595,890 | +€564,242 | +1,783% |
| Current portion of amounts payable after more than one year | 42 | - | €500,000 | +€500,000 | |
| Financial debts | 43 | €90 | €2,306 | +€2,215 | +2,451% |
| Credit institutions | 430/8 | €90 | €2,306 | +€2,215 | +2,451% |
| Trade debts | 44 | €19,978 | €78,910 | +€58,932 | +295% |
| Suppliers | 440/4 | €19,978 | €78,910 | +€58,932 | +295% |
| Taxes, remuneration and social security | 45 | €10,362 | €14,674 | +€4,312 | +41.6% |
| Remuneration and social security | 454/9 | €10,362 | €14,674 | +€4,312 | +41.6% |
| Other amounts payable | 47/48 | €1,218 | €0 | -€1,218 | -100% |
| Remuneration, social security and pensions | 62 | €56,018 | €73,081 | +€17,062 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €523 | €695 | +€171 | +32.7% |
| Other operating charges | 640/8 | €1,118 | €4,044 | +€2,926 | +262% |
| Gross operating margin | 9900 | -€181,957 | -€157,443 | +€24,513 | +13.5% |
| Operating profit (loss) | 9901 | -€239,616 | -€235,263 | +€4,353 | +1.8% |
| Financial charges | 65/66B | €384 | €1,015 | +€631 | +164% |
| Recurring financial charges | 65 | €384 | €1,015 | +€631 | +164% |
| Profit (loss) for the period before taxes | 9903 | -€240,001 | -€236,278 | +€3,722 | +1.6% |
| Profit (loss) for the period | 9904 | -€240,001 | -€236,278 | +€3,722 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€240,001 | -€236,278 | +€3,722 | +1.6% |
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.