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TomRay: 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

TomRay

BE 0788.417.978
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,514
2024 · -€6,958+€10,471
Equity
€9,181
2024 · €5,667+€3,514
Cash
€9,635
2024 · €11,669-€2,034
Balance sheet total
€9,635
2024 · €13,930-€4,295

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€2,261

    no longer reported in 2025 (was €2,261)

  • Cash -€2,034

    down €2,034 (-17.4%), from €11,669 to €9,635

    mainly Other debts (-€8,263)

Equity and liabilities
  • Other debts -€8,263

    no longer reported in 2025 (was €8,263)

  • Reserves +€3,514

    new in 2025: €3,514

  • Tax, wage and social debts +€351

    new in 2025: €351

Income statement
  • Gross operating margin +€5,667

    up €5,667, from -€1,693 to €3,974

  • Depreciation -€4,166

    no longer reported in 2025 (was €4,166)

  • Other operating charges -€916

    no longer reported in 2025 (was €916)

  • Taxes +€351

    new in 2025: €351

  • Financial income +€44

    new in 2025: €44

    of which Financial income: +€44

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 -€6,958
Gross operating margin +€5,667
Depreciation +€4,166
Other operating charges +€916
Financial income +€44
Financial charges +€30
Taxes -€351
Result 2025 €3,514

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 -€4,295
Investment +€2,261
Financing €0
Cash 2024 €11,669
Net result for the year +€3,514
Trade debts +€103
Tax, wage and social debts +€351
Other debts -€8,263
Investment in fixed assets (net) +€2,261
Cash 2025 €9,635
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €13,930 €9,635 -€4,295 -30.8%
Fixed assets 21/28 €2,261 - -€2,261
Tangible fixed assets 22/27 €2,261 - -€2,261
Furniture and vehicles 24 €2,261 - -€2,261
Current assets 29/58 €11,669 €9,635 -€2,034 -17.4%
Cash at bank and in hand 54/58 €11,669 €9,635 -€2,034 -17.4%
Total equity and liabilities 10/49 €13,930 €9,635 -€4,295 -30.8%
Equity 10/15 €5,667 €9,181 +€3,514 +62.0%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 - €3,514 +€3,514
Distributable reserves 133 - €3,514 +€3,514
Profit (loss) carried forward 14 €2,667 €2,667 = 0.0%
Amounts payable 17/49 €8,263 €454 -€7,808 -94.5%
Amounts payable within one year 42/48 €8,263 €454 -€7,808 -94.5%
Trade debts 44 - €103 +€103
Suppliers 440/4 - €103 +€103
Taxes, remuneration and social security 45 - €351 +€351
Taxes 450/3 - €351 +€351
Other amounts payable 47/48 €8,263 - -€8,263
Non-recurring operating income 76A - €4,739 +€4,739
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,166 - -€4,166
Other operating charges 640/8 €916 - -€916
Gross operating margin 9900 -€1,693 €3,974 +€5,667
Operating profit (loss) 9901 -€6,775 €3,974 +€10,749
Financial income 75/76B - €44 +€44
Recurring financial income 75 - €44 +€44
Non-recurring financial income 76B - €44 +€44
Financial charges 65/66B €183 €153 -€30 -16.3%
Recurring financial charges 65 €183 €153 -€30 -16.3%
Profit (loss) for the period before taxes 9903 -€6,958 €3,865 +€10,823
Income taxes 67/77 - €351 +€351
Profit (loss) for the period 9904 -€6,958 €3,514 +€10,471
Profit (loss) for the period to be appropriated 9905 -€6,958 €3,514 +€10,471

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 29 September 2026 via checked.be.