TOOREN: 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.
TOOREN
Largest movements
- Tangible fixed assets -€84,692
down €84,692 (-6.4%), from €1.3m to €1.2m
of which Land and buildings: -€80,098
- Debts after one year -€133,468
down €133,468 (-21.9%), from €610,823 to €477,355
- Reserves +€27,472
up €27,472 (+7.6%), from €359,718 to €387,191
of which Distributable reserves: +€52,785
- Profit (loss) carried forward +€14,564
no longer reported in 2024 (was -€14,564)
- Other operating charges +€6,045
up €6,045 (+233%), from €2,595 to €8,640
- Taxes +€4,952
new in 2024: €4,952
- Gross operating margin -€4,126
down €4,126 (-2.9%), from €142,752 to €138,625
- Depreciation -€3,418
down €3,418 (-3.9%), from €88,110 to €84,692
- Financial charges -€1,543
down €1,543 (-12.0%), from €12,882 to €11,339
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,328,867 | €1,240,770 | -€88,097 | -6.6% |
| Fixed assets | 21/28 | €1,315,672 | €1,230,731 | -€84,942 | -6.5% |
| Tangible fixed assets | 22/27 | €1,315,422 | €1,230,731 | -€84,692 | -6.4% |
| Land and buildings | 22 | €1,306,488 | €1,226,390 | -€80,098 | -6.1% |
| Plant, machinery and equipment | 23 | €8,934 | €4,340 | -€4,594 | -51.4% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €13,195 | €10,039 | -€3,155 | -23.9% |
| Amounts receivable within one year | 40/41 | €2,500 | - | -€2,500 | |
| Trade receivables | 40 | €2,500 | - | -€2,500 | |
| Cash at bank and in hand | 54/58 | €8,153 | €7,382 | -€772 | -9.5% |
| Deferred charges and accrued income | 490/1 | €2,542 | €2,658 | +€116 | +4.6% |
| Total equity and liabilities | 10/49 | €1,328,867 | €1,240,770 | -€88,097 | -6.6% |
| Equity | 10/15 | €407,154 | €449,191 | +€42,036 | +10.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Contributions outside capital | 11 | - | €62,000 | +€62,000 | |
| Other | 1109/19 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €359,718 | €387,191 | +€27,472 | +7.6% |
| Non-distributable reserves | 130/1 | €549 | €549 | = | 0.0% |
| Legal reserve | 130 | €549 | €549 | = | 0.0% |
| Tax-exempt reserves | 132 | €349,013 | €323,700 | -€25,312 | -7.3% |
| Distributable reserves | 133 | €10,157 | €62,941 | +€52,785 | +520% |
| Profit (loss) carried forward | 14 | -€14,564 | - | +€14,564 | |
| Provisions and deferred taxes | 16 | €175,635 | €162,601 | -€13,034 | -7.4% |
| Deferred taxes | 168 | €175,635 | €162,601 | -€13,034 | -7.4% |
| Amounts payable | 17/49 | €746,079 | €628,979 | -€117,100 | -15.7% |
| Amounts payable after more than one year | 17 | €610,823 | €477,355 | -€133,468 | -21.9% |
| Financial debts | 170/4 | €610,823 | €477,355 | -€133,468 | -21.9% |
| Amounts payable within one year | 42/48 | €134,028 | €151,624 | +€17,595 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €130,825 | €133,468 | +€2,643 | +2.0% |
| Trade debts | 44 | €125 | €125 | = | 0.0% |
| Suppliers | 440/4 | €125 | €125 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €4,952 | +€4,952 | |
| Taxes | 450/3 | - | €4,952 | +€4,952 | |
| Other amounts payable | 47/48 | €3,078 | €13,078 | +€10,000 | +325% |
| Accrued charges and deferred income | 492/3 | €1,227 | - | -€1,227 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,110 | €84,692 | -€3,418 | -3.9% |
| Other operating charges | 640/8 | €2,595 | €8,640 | +€6,045 | +233% |
| Gross operating margin | 9900 | €142,752 | €138,625 | -€4,126 | -2.9% |
| Operating profit (loss) | 9901 | €52,046 | €45,293 | -€6,753 | -13.0% |
| Financial charges | 65/66B | €12,882 | €11,339 | -€1,543 | -12.0% |
| Recurring financial charges | 65 | €12,882 | €11,339 | -€1,543 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €39,164 | €33,955 | -€5,210 | -13.3% |
| Transfer from deferred taxes | 780 | €13,034 | €13,034 | = | 0.0% |
| Income taxes | 67/77 | - | €4,952 | +€4,952 | |
| Profit (loss) for the period | 9904 | €52,198 | €42,036 | -€10,162 | -19.5% |
| Transfer from tax-exempt reserves | 789 | €25,312 | €25,312 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,511 | €67,349 | -€10,162 | -13.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.