Tommy Torpedo: 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.
Tommy Torpedo
Largest movements
- Tangible fixed assets +€54,449
up €54,449 (+2,430%), from €2,241 to €56,690
of which Land and buildings: +€54,761
- Cash -€13,926
down €13,926 (-74.4%), from €18,713 to €4,787
mainly Investment in fixed assets (net) (-€57,274) and Net result for the year (-€14,873)
- Receivables within one year -€4,305
down €4,305 (-92.4%), from €4,658 to €353
of which Trade receivables: -€4,658
- Debts after one year +€33,807
new in 2025: €33,807
- Profit (loss) carried forward -€14,873
new in 2025: -€14,873
- Tax, wage and social debts +€10,220
up €10,220 (+163%), from €6,280 to €16,500
of which Remuneration and social security: +€14,600
- Current portion of long-term debt +€9,067
new in 2025: €9,067
- Trade debts -€1,772
no longer reported in 2025 (was €1,772)
- Gross operating margin -€29,545
down €29,545, from €19,211 to -€10,334
- Taxes -€3,922
no longer reported in 2025 (was €3,922)
- Depreciation +€2,781
up €2,781 (+6,366%), from €44 to €2,825
- Financial charges +€1,354
up €1,354 (+13,339%), from €10 to €1,364
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.
Derived cash bridge
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 | €25,611 | €61,830 | +€36,219 | +141% |
| Fixed assets | 21/28 | €2,241 | €56,690 | +€54,449 | +2,430% |
| Tangible fixed assets | 22/27 | €2,241 | €56,690 | +€54,449 | +2,430% |
| Land and buildings | 22 | - | €54,761 | +€54,761 | |
| Plant, machinery and equipment | 23 | - | €450 | +€450 | |
| Furniture and vehicles | 24 | €2,241 | €1,479 | -€761 | -34.0% |
| Current assets | 29/58 | €23,371 | €5,140 | -€18,231 | -78.0% |
| Amounts receivable within one year | 40/41 | €4,658 | €353 | -€4,305 | -92.4% |
| Trade receivables | 40 | €4,658 | - | -€4,658 | |
| Other amounts receivable | 41 | - | €353 | +€353 | |
| Cash at bank and in hand | 54/58 | €18,713 | €4,787 | -€13,926 | -74.4% |
| Total equity and liabilities | 10/49 | €25,611 | €61,830 | +€36,219 | +141% |
| Equity | 10/15 | €17,256 | €2,384 | -€14,873 | -86.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,756 | €14,756 | = | 0.0% |
| Distributable reserves | 133 | €14,756 | €14,756 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,873 | -€14,873 | |
| Amounts payable | 17/49 | €8,355 | €59,446 | +€51,091 | +612% |
| Amounts payable after more than one year | 17 | - | €33,807 | +€33,807 | |
| Financial debts | 170/4 | - | €33,807 | +€33,807 | |
| Amounts payable within one year | 42/48 | €8,355 | €25,639 | +€17,284 | +207% |
| Current portion of amounts payable after more than one year | 42 | - | €9,067 | +€9,067 | |
| Trade debts | 44 | €1,772 | - | -€1,772 | |
| Suppliers | 440/4 | €1,772 | - | -€1,772 | |
| Taxes, remuneration and social security | 45 | €6,280 | €16,500 | +€10,220 | +163% |
| Taxes | 450/3 | €6,180 | €1,800 | -€4,380 | -70.9% |
| Remuneration and social security | 454/9 | €100 | €14,700 | +€14,600 | +14,600% |
| Other amounts payable | 47/48 | €302 | €73 | -€229 | -76.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44 | €2,825 | +€2,781 | +6,366% |
| Other operating charges | 640/8 | €479 | €377 | -€102 | -21.3% |
| Gross operating margin | 9900 | €19,211 | -€10,334 | -€29,545 | |
| Operating profit (loss) | 9901 | €18,688 | -€13,536 | -€32,223 | |
| Financial income | 75/76B | €1 | €27 | +€27 | +5,320% |
| Recurring financial income | 75 | €1 | €27 | +€27 | +5,320% |
| Financial charges | 65/66B | €10 | €1,364 | +€1,354 | +13,339% |
| Recurring financial charges | 65 | €10 | €1,364 | +€1,354 | +13,339% |
| Profit (loss) for the period before taxes | 9903 | €18,678 | -€14,873 | -€33,551 | |
| Income taxes | 67/77 | €3,922 | - | -€3,922 | |
| Profit (loss) for the period | 9904 | €14,756 | -€14,873 | -€29,629 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,756 | -€14,873 | -€29,629 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.