TOR TECH TRAINING: 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.
TOR TECH TRAINING
Largest movements
- Receivables within one year -€21,607
down €21,607 (-51.2%), from €42,233 to €20,627
of which Other amounts receivable: -€38,993
- Cash +€4,018
up €4,018 (+381.2%), from €1,054 to €5,072
mainly Receivables within one year (+€21,607) and Net result for the year (+€14,239)
- Tangible fixed assets -€3,948
down €3,948 (-35.5%), from €11,133 to €7,185
of which Furniture and vehicles: -€3,663
- Intangible fixed assets -€1,497
down €1,497 (-80.2%), from €1,867 to €369
- Reserves -€25,071
down €25,071 (-49.4%), from €50,717 to €25,646
of which Distributable reserves: -€23,211
- Profit (loss) carried forward +€6,345
up €6,345, from -€6,345 to €0
- Current portion of long-term debt -€5,082
down €5,082 (-100.0%), from €5,082 to €0
- Other debts +€4,023
up €4,023, from €0 to €4,023
- Trade debts -€3,838
down €3,838 (-70.2%), from €5,465 to €1,627
- Gross operating margin +€8,134
up €8,134 (+44.5%), from €18,264 to €26,399
- Taxes +€5,801
up €5,801 (+4157.6%), from €140 to €5,940
- Financial income -€2,363
down €2,363 (-100.0%), from €2,363 to €0
- Other operating charges -€545
down €545 (-48.4%), from €1,127 to €582
- Financial charges -€543
down €543 (-73.8%), from €735 to €192
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 | €91,409 | €68,494 | -€22,915 | -25.1% |
| Fixed assets | 21/28 | €13,000 | €7,555 | -€5,445 | -41.9% |
| Intangible fixed assets | 21 | €1,867 | €369 | -€1,497 | -80.2% |
| Tangible fixed assets | 22/27 | €11,133 | €7,185 | -€3,948 | -35.5% |
| Plant, machinery and equipment | 23 | €1,470 | €1,185 | -€285 | -19.4% |
| Furniture and vehicles | 24 | €9,664 | €6,001 | -€3,663 | -37.9% |
| Current assets | 29/58 | €78,409 | €60,939 | -€17,470 | -22.3% |
| Stocks and contracts in progress | 3 | €35,122 | €35,122 | = | 0.0% |
| Stocks | 30/36 | €35,122 | €35,122 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,233 | €20,627 | -€21,607 | -51.2% |
| Trade receivables | 40 | €0 | €17,387 | +€17,387 | |
| Other amounts receivable | 41 | €42,233 | €3,240 | -€38,993 | -92.3% |
| Cash at bank and in hand | 54/58 | €1,054 | €5,072 | +€4,018 | +381.2% |
| Deferred charges and accrued income | 490/1 | €0 | €119 | +€119 | |
| Total equity and liabilities | 10/49 | €91,409 | €68,494 | -€22,915 | -25.1% |
| Equity | 10/15 | €62,972 | €44,246 | -€18,726 | -29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,717 | €25,646 | -€25,071 | -49.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €48,857 | €25,646 | -€23,211 | -47.5% |
| Profit (loss) carried forward | 14 | -€6,345 | €0 | +€6,345 | |
| Amounts payable | 17/49 | €28,436 | €24,248 | -€4,189 | -14.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,436 | €24,248 | -€4,189 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €5,082 | €0 | -€5,082 | -100.0% |
| Trade debts | 44 | €5,465 | €1,627 | -€3,838 | -70.2% |
| Suppliers | 440/4 | €5,465 | €1,627 | -€3,838 | -70.2% |
| Taxes, remuneration and social security | 45 | €17,889 | €18,598 | +€709 | +4.0% |
| Taxes | 450/3 | €17,889 | €18,598 | +€709 | +4.0% |
| Other amounts payable | 47/48 | €0 | €4,023 | +€4,023 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,565 | €5,445 | -€120 | -2.2% |
| Other operating charges | 640/8 | €1,127 | €582 | -€545 | -48.4% |
| Gross operating margin | 9900 | €18,264 | €26,399 | +€8,134 | +44.5% |
| Operating profit (loss) | 9901 | €11,573 | €20,372 | +€8,799 | +76.0% |
| Financial income | 75/76B | €2,363 | €0 | -€2,363 | -100.0% |
| Recurring financial income | 75 | €2,363 | €0 | -€2,363 | -100.0% |
| Financial charges | 65/66B | €735 | €192 | -€543 | -73.8% |
| Recurring financial charges | 65 | €735 | €192 | -€543 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €13,201 | €20,179 | +€6,979 | +52.9% |
| Income taxes | 67/77 | €140 | €5,940 | +€5,801 | +4157.6% |
| Profit (loss) for the period | 9904 | €13,061 | €14,239 | +€1,178 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,061 | €14,239 | +€1,178 | +9.0% |
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 12 October 2026 via checked.be.