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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.

What changed

TERRE INSOLITE

BE 0741.784.635
NACE 55.203, Holiday cottages, homes and apartments
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,417
2024 · €4,357+€4,060
Equity
-€100,077
2024 · -€108,493+€8,417
Cash
€18,213
2024 · €17,456+€758
Balance sheet total
€707,357
2024 · €739,358-€32,001

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€28,124

    down €28,124 (-4.0%), from €709,496 to €681,372

    of which Land and buildings: -€22,888

Equity and liabilities
  • Other debts -€183,703

    down €183,703 (-99.2%), from €185,193 to €1,490

  • Debts after one year +€150,772

    up €150,772 (+25.4%), from €593,191 to €743,963

    of which Other amounts payable: +€185,943

  • Profit (loss) carried forward +€8,417

    up €8,417 (+6.6%), from -€128,493 to -€120,077

  • Trade debts -€7,547

    down €7,547 (-39.3%), from €19,217 to €11,671

Income statement
  • Gross operating margin +€7,458

    up €7,458 (+9.7%), from €76,939 to €84,397

  • Staff costs +€2,583

    up €2,583 (+10.7%), from €24,139 to €26,722

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €4,357
Gross operating margin +€7,458
Staff costs -€2,583
Depreciation -€150
Other operating charges -€263
Financial income -€43
Financial charges -€359
Result 2025 €8,417

Cash bridge derived

cash 2024 to 2025

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.

From operations -€150,828
Investment -€500
Financing +€152,085
Cash 2024 €17,456
Net result for the year +€8,417
Depreciation +€29,874
Receivables within one year +€3,685
Smaller working-capital items -€362
Trade debts -€7,547
Tax, wage and social debts -€1,192
Other debts -€183,703
Investment in fixed assets (net) -€500
Debts after one year +€150,772
Current portion of long-term debt +€820
Short-term financial debts +€493
Cash 2025 €18,213
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €739,358 €707,357 -€32,001 -4.3%
Fixed assets 21/28 €712,906 €683,532 -€29,374 -4.1%
Intangible fixed assets 21 €3,410 €1,660 -€1,750 -51.3%
Tangible fixed assets 22/27 €709,496 €681,372 -€28,124 -4.0%
Land and buildings 22 €682,960 €660,072 -€22,888 -3.4%
Plant, machinery and equipment 23 €1,070 €909 -€161 -15.0%
Furniture and vehicles 24 €25,465 €20,391 -€5,074 -19.9%
Financial fixed assets 28 - €500 +€500
Current assets 29/58 €26,452 €23,825 -€2,628 -9.9%
Amounts receivable within one year 40/41 €8,996 €5,312 -€3,685 -41.0%
Trade receivables 40 €8,996 €5,312 -€3,685 -41.0%
Cash at bank and in hand 54/58 €17,456 €18,213 +€758 +4.3%
Deferred charges and accrued income 490/1 - €300 +€300
Total equity and liabilities 10/49 €739,358 €707,357 -€32,001 -4.3%
Equity 10/15 -€108,493 -€100,077 +€8,417 +7.8%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€128,493 -€120,077 +€8,417 +6.6%
Amounts payable 17/49 €847,851 €807,434 -€40,418 -4.8%
Amounts payable after more than one year 17 €593,191 €743,963 +€150,772 +25.4%
Financial debts 170/4 €593,191 €558,020 -€35,171 -5.9%
Other amounts payable 178/9 - €185,943 +€185,943
Amounts payable within one year 42/48 €253,516 €62,388 -€191,128 -75.4%
Current portion of amounts payable after more than one year 42 €37,247 €38,067 +€820 +2.2%
Financial debts 43 €5,816 €6,309 +€493 +8.5%
Other loans 439 €5,816 €6,309 +€493 +8.5%
Trade debts 44 €19,217 €11,671 -€7,547 -39.3%
Suppliers 440/4 €19,217 €11,671 -€7,547 -39.3%
Taxes, remuneration and social security 45 €6,042 €4,850 -€1,192 -19.7%
Taxes 450/3 €2,887 €1,796 -€1,091 -37.8%
Remuneration and social security 454/9 €3,155 €3,055 -€101 -3.2%
Other amounts payable 47/48 €185,193 €1,490 -€183,703 -99.2%
Accrued charges and deferred income 492/3 €1,145 €1,083 -€62 -5.4%
Remuneration, social security and pensions 62 €24,139 €26,722 +€2,583 +10.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €29,724 €29,874 +€150 +0.5%
Other operating charges 640/8 €3,902 €4,166 +€263 +6.8%
Gross operating margin 9900 €76,939 €84,397 +€7,458 +9.7%
Operating profit (loss) 9901 €19,173 €23,635 +€4,462 +23.3%
Financial income 75/76B €50 €6 -€43 -87.1%
Recurring financial income 75 €50 €6 -€43 -87.1%
Financial charges 65/66B €14,866 €15,225 +€359 +2.4%
Recurring financial charges 65 €14,866 €15,225 +€359 +2.4%
Profit (loss) for the period before taxes 9903 €4,357 €8,417 +€4,060 +93.2%
Profit (loss) for the period 9904 €4,357 €8,417 +€4,060 +93.2%
Profit (loss) for the period to be appropriated 9905 €4,357 €8,417 +€4,060 +93.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.