GROUP TOROS: 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.
GROUP TOROS
Largest movements
- Receivables within one year -€20,424
down €20,424 (-12.2%), from €166,749 to €146,325
of which Other amounts receivable: -€20,424
- Trade debts -€14,472
down €14,472 (-100.0%), from €14,472 to €0
- Profit (loss) carried forward -€5,780
down €5,780 (-6.8%), from €85,599 to €79,819
- Gross operating margin -€50,236
down €50,236, from €47,553 to -€2,682
- Financial charges -€16,758
down €16,758 (-96.7%), from €17,325 to €567
- Other operating charges +€2,352
up €2,352 (+1322.6%), from €178 to €2,530
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 | €167,801 | €147,203 | -€20,598 | -12.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €167,801 | €147,203 | -€20,598 | -12.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €166,749 | €146,325 | -€20,424 | -12.2% |
| Trade receivables | 40 | €3,225 | €3,225 | = | 0.0% |
| Other amounts receivable | 41 | €163,524 | €143,100 | -€20,424 | -12.5% |
| Cash at bank and in hand | 54/58 | €1,052 | €878 | -€174 | -16.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €167,801 | €147,203 | -€20,598 | -12.3% |
| Equity | 10/15 | €106,059 | €100,279 | -€5,780 | -5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €85,599 | €79,819 | -€5,780 | -6.8% |
| Amounts payable | 17/49 | €61,742 | €46,924 | -€14,819 | -24.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €61,742 | €46,924 | -€14,819 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €14,472 | €0 | -€14,472 | -100.0% |
| Suppliers | 440/4 | €14,472 | €0 | -€14,472 | -100.0% |
| Other amounts payable | 47/48 | €47,270 | €46,924 | -€347 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €178 | €2,530 | +€2,352 | +1322.6% |
| Gross operating margin | 9900 | €47,553 | -€2,682 | -€50,236 | |
| Operating profit (loss) | 9901 | €47,375 | -€5,212 | -€52,588 | |
| Financial charges | 65/66B | €17,325 | €567 | -€16,758 | -96.7% |
| Recurring financial charges | 65 | €17,325 | €567 | -€16,758 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €30,050 | -€5,780 | -€35,830 | |
| Profit (loss) for the period | 9904 | €30,050 | -€5,780 | -€35,830 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,050 | -€5,780 | -€35,830 |
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 10 October 2026 via checked.be.