TAPAS TORERO: 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.
TAPAS TORERO
Largest movements
- Tangible fixed assets -€7,558
down €7,558 (-6.5%), from €116,081 to €108,523
of which Leasing and similar rights: -€6,040
- Receivables within one year -€4,693
down €4,693 (-88.9%), from €5,279 to €587
of which Trade receivables: -€4,693
- Debts after one year -€25,618
down €25,618 (-88.1%), from €29,084 to €3,466
- Other debts +€22,271
up €22,271 (+62.9%), from €35,412 to €57,683
- Advances received -€5,738
down €5,738 (-92.6%), from €6,200 to €462
- Short-term financial debts +€4,882
up €4,882, from €0 to €4,882
of which Credit institutions: +€4,882
- Trade debts -€3,793
down €3,793 (-92.9%), from €4,082 to €288
- Gross operating margin -€11,843
down €11,843 (-49.1%), from €24,104 to €12,261
- Depreciation -€6,726
down €6,726 (-47.1%), from €14,283 to €7,558
- Other operating charges -€1,007
down €1,007 (-32.3%), from €3,115 to €2,108
- Financial charges -€732
down €732 (-22.2%), from €3,299 to €2,567
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 | €130,381 | €116,736 | -€13,644 | -10.5% |
| Fixed assets | 21/28 | €116,141 | €108,583 | -€7,558 | -6.5% |
| Tangible fixed assets | 22/27 | €116,081 | €108,523 | -€7,558 | -6.5% |
| Land and buildings | 22 | €83,895 | €82,950 | -€945 | -1.1% |
| Furniture and vehicles | 24 | €1,986 | €1,414 | -€573 | -28.8% |
| Leasing and similar rights | 25 | €30,199 | €24,159 | -€6,040 | -20.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €14,240 | €8,153 | -€6,087 | -42.7% |
| Stocks and contracts in progress | 3 | €3,600 | €3,600 | = | 0.0% |
| Stocks | 30/36 | €3,600 | €3,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,279 | €587 | -€4,693 | -88.9% |
| Trade receivables | 40 | €5,274 | €582 | -€4,693 | -89.0% |
| Other amounts receivable | 41 | €5 | €5 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,771 | €2,920 | -€851 | -22.6% |
| Deferred charges and accrued income | 490/1 | €1,590 | €1,047 | -€543 | -34.1% |
| Total equity and liabilities | 10/49 | €130,381 | €116,736 | -€13,644 | -10.5% |
| Equity | 10/15 | €24,170 | €24,212 | +€42 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,570 | €5,612 | +€42 | +0.8% |
| Tax-exempt reserves | 132 | €2,485 | €2,485 | = | 0.0% |
| Distributable reserves | 133 | €3,085 | €3,127 | +€42 | +1.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €106,211 | €92,524 | -€13,687 | -12.9% |
| Amounts payable after more than one year | 17 | €29,084 | €3,466 | -€25,618 | -88.1% |
| Financial debts | 170/4 | €29,084 | €3,466 | -€25,618 | -88.1% |
| Amounts payable within one year | 42/48 | €77,127 | €89,058 | +€11,931 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €27,456 | €24,201 | -€3,256 | -11.9% |
| Financial debts | 43 | €0 | €4,882 | +€4,882 | |
| Credit institutions | 430/8 | - | €4,882 | +€4,882 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €4,082 | €288 | -€3,793 | -92.9% |
| Suppliers | 440/4 | €4,082 | €288 | -€3,793 | -92.9% |
| Advances received on contracts in progress | 46 | €6,200 | €462 | -€5,738 | -92.6% |
| Taxes, remuneration and social security | 45 | €3,978 | €1,543 | -€2,435 | -61.2% |
| Taxes | 450/3 | €3,978 | €1,543 | -€2,435 | -61.2% |
| Other amounts payable | 47/48 | €35,412 | €57,683 | +€22,271 | +62.9% |
| Remuneration, social security and pensions | 62 | €15 | €0 | -€15 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,283 | €7,558 | -€6,726 | -47.1% |
| Other operating charges | 640/8 | €3,115 | €2,108 | -€1,007 | -32.3% |
| Gross operating margin | 9900 | €24,104 | €12,261 | -€11,843 | -49.1% |
| Operating profit (loss) | 9901 | €6,690 | €2,595 | -€4,095 | -61.2% |
| Financial income | 75/76B | €0 | €14 | +€13 | +3423.1% |
| Recurring financial income | 75 | €0 | €14 | +€13 | +3423.1% |
| Financial charges | 65/66B | €3,299 | €2,567 | -€732 | -22.2% |
| Recurring financial charges | 65 | €3,299 | €2,567 | -€732 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €3,392 | €42 | -€3,350 | -98.8% |
| Profit (loss) for the period | 9904 | €3,392 | €42 | -€3,350 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,392 | €42 | -€3,350 | -98.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.