TIERRA247: 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.
TIERRA247
Largest movements
- Tangible fixed assets +€184,464
up €184,464 (+90.8%), from €203,181 to €387,644
of which Other tangible fixed assets: +€178,198
- Cash +€10,272
up €10,272 (+41.7%), from €24,634 to €34,907
mainly Debts after one year (+€66,296) and Net result for the year (+€63,759)
- Debts after one year +€66,296
up €66,296 (+66.1%), from €100,316 to €166,612
- Profit (loss) carried forward +€63,759
up €63,759 (+298.6%), from €21,353 to €85,111
- Trade debts +€24,200
up €24,200 (+396.9%), from €6,098 to €30,297
- Current portion of long-term debt +€24,013
up €24,013 (+161.3%), from €14,888 to €38,900
- Other debts +€11,750
up €11,750 (+14.7%), from €80,000 to €91,750
- Gross operating margin +€74,728
up €74,728 (+196.6%), from €38,002 to €112,730
- Depreciation +€19,947
up €19,947 (+163.7%), from €12,184 to €32,131
- Staff costs +€5,084
new in 2025: €5,084
- Taxes +€4,572
new in 2025: €4,572
- Financial charges +€4,103
up €4,103 (+138.4%), from €2,965 to €7,069
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 | €239,154 | €432,576 | +€193,422 | +80.9% |
| Fixed assets | 21/28 | €203,181 | €387,644 | +€184,464 | +90.8% |
| Tangible fixed assets | 22/27 | €203,181 | €387,644 | +€184,464 | +90.8% |
| Plant, machinery and equipment | 23 | €2,678 | €2,083 | -€595 | -22.2% |
| Furniture and vehicles | 24 | €589 | €7,449 | +€6,860 | +1165.5% |
| Other tangible fixed assets | 26 | €199,914 | €378,113 | +€178,198 | +89.1% |
| Current assets | 29/58 | €35,974 | €44,932 | +€8,958 | +24.9% |
| Amounts receivable within one year | 40/41 | €11,339 | €10,025 | -€1,314 | -11.6% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,339 | €25 | -€1,314 | -98.1% |
| Cash at bank and in hand | 54/58 | €24,634 | €34,907 | +€10,272 | +41.7% |
| Total equity and liabilities | 10/49 | €239,154 | €432,576 | +€193,422 | +80.9% |
| Equity | 10/15 | €37,853 | €101,611 | +€63,759 | +168.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Legal reserve | 130 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,353 | €85,111 | +€63,759 | +298.6% |
| Amounts payable | 17/49 | €201,301 | €330,964 | +€129,663 | +64.4% |
| Amounts payable after more than one year | 17 | €100,316 | €166,612 | +€66,296 | +66.1% |
| Financial debts | 170/4 | €100,316 | €166,612 | +€66,296 | +66.1% |
| Amounts payable within one year | 42/48 | €100,985 | €164,352 | +€63,367 | +62.7% |
| Current portion of amounts payable after more than one year | 42 | €14,888 | €38,900 | +€24,013 | +161.3% |
| Trade debts | 44 | €6,098 | €30,297 | +€24,200 | +396.9% |
| Suppliers | 440/4 | €6,098 | €30,297 | +€24,200 | +396.9% |
| Taxes, remuneration and social security | 45 | - | €3,404 | +€3,404 | |
| Taxes | 450/3 | - | €1,703 | +€1,703 | |
| Remuneration and social security | 454/9 | - | €1,701 | +€1,701 | |
| Other amounts payable | 47/48 | €80,000 | €91,750 | +€11,750 | +14.7% |
| Remuneration, social security and pensions | 62 | - | €5,084 | +€5,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,184 | €32,131 | +€19,947 | +163.7% |
| Other operating charges | 640/8 | - | €116 | +€116 | |
| Gross operating margin | 9900 | €38,002 | €112,730 | +€74,728 | +196.6% |
| Operating profit (loss) | 9901 | €25,818 | €75,399 | +€49,581 | +192.0% |
| Financial charges | 65/66B | €2,965 | €7,069 | +€4,103 | +138.4% |
| Recurring financial charges | 65 | €2,965 | €7,069 | +€4,103 | +138.4% |
| Profit (loss) for the period before taxes | 9903 | €22,853 | €68,331 | +€45,478 | +199.0% |
| Income taxes | 67/77 | - | €4,572 | +€4,572 | |
| Profit (loss) for the period | 9904 | €22,853 | €63,759 | +€40,906 | +179.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,853 | €63,759 | +€40,906 | +179.0% |
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 11 October 2026 via checked.be.