DE TORENBRUG: what changed
DE TORENBRUG
Largest movements
- Cash -€6,728
down €6,728 (-40.6%), from €16,583 to €9,855
mainly Contributions, distributions and other (-€15,000) and Investment in fixed assets (net) (-€7,500)
- Tangible fixed assets +€6,460
up €6,460 (+666%), from €970 to €7,430
- Receivables within one year +€1,309
up €1,309 (+8,130%), from €16 to €1,325
of which Other amounts receivable: +€1,151
- Reserves +€3,072
up €3,072 (+28.7%), from €10,712 to €13,784
of which Distributable reserves: +€3,072
- Other debts -€3,020
down €3,020 (-39.3%), from €7,675 to €4,655
- Trade debts +€987
up €987 (+22.5%), from €4,390 to €5,377
- Gross operating margin +€16,214
up €16,214 (+167%), from €9,718 to €25,931
- Taxes +€3,834
new in 2025: €3,834
- Depreciation +€736
up €736 (+242%), from €304 to €1,040
- Financial charges +€266
up €266 (+28.2%), from €940 to €1,206
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,977 | €30,016 | +€1,039 | +3.6% |
| Fixed assets | 21/28 | €11,517 | €17,977 | +€6,460 | +56.1% |
| Tangible fixed assets | 22/27 | €970 | €7,430 | +€6,460 | +666% |
| Plant, machinery and equipment | 23 | €970 | €7,430 | +€6,460 | +666% |
| Financial fixed assets | 28 | €10,547 | €10,547 | = | 0.0% |
| Current assets | 29/58 | €17,460 | €12,038 | -€5,421 | -31.1% |
| Stocks and contracts in progress | 3 | €610 | €595 | -€15 | -2.5% |
| Stocks | 30/36 | €610 | €595 | -€15 | -2.5% |
| Amounts receivable within one year | 40/41 | €16 | €1,325 | +€1,309 | +8,130% |
| Trade receivables | 40 | - | €158 | +€158 | |
| Other amounts receivable | 41 | €16 | €1,167 | +€1,151 | +7,147% |
| Cash at bank and in hand | 54/58 | €16,583 | €9,855 | -€6,728 | -40.6% |
| Deferred charges and accrued income | 490/1 | €251 | €264 | +€13 | +5.0% |
| Total equity and liabilities | 10/49 | €28,977 | €30,016 | +€1,039 | +3.6% |
| Equity | 10/15 | €16,912 | €19,984 | +€3,072 | +18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,712 | €13,784 | +€3,072 | +28.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €8,853 | €11,924 | +€3,072 | +34.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,065 | €10,032 | -€2,033 | -16.8% |
| Amounts payable within one year | 42/48 | €12,065 | €10,032 | -€2,033 | -16.8% |
| Trade debts | 44 | €4,390 | €5,377 | +€987 | +22.5% |
| Suppliers | 440/4 | €4,390 | €5,377 | +€987 | +22.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,675 | €4,655 | -€3,020 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304 | €1,040 | +€736 | +242% |
| Other operating charges | 640/8 | €1,737 | €1,780 | +€44 | +2.5% |
| Gross operating margin | 9900 | €9,718 | €25,931 | +€16,214 | +167% |
| Operating profit (loss) | 9901 | €7,676 | €23,111 | +€15,435 | +201% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.3% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.3% |
| Financial charges | 65/66B | €940 | €1,206 | +€266 | +28.2% |
| Recurring financial charges | 65 | €940 | €1,206 | +€266 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €6,749 | €21,906 | +€15,157 | +225% |
| Income taxes | 67/77 | - | €3,834 | +€3,834 | |
| Profit (loss) for the period | 9904 | €6,749 | €18,072 | +€11,323 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €6,749 | €18,072 | +€11,323 | +168% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.