TORAJA: 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.
TORAJA
Largest movements
- Cash -€121,959
down €121,959 (-38.9%), from €313,153 to €191,194
mainly Investment in fixed assets (net) (-€77,359) and Short-term financial debts (-€47,000)
- Short-term financial debts -€47,000
down €47,000 (-61.4%), from €76,540 to €29,539
- Reserves -€24,137
down €24,137 (-2.3%), from €1.0m to €1.0m
of which Tax-exempt reserves: -€24,137
- Other debts -€14,417
down €14,417 (-59.0%), from €24,452 to €10,035
- Gross operating margin +€57,570
up €57,570, from -€9,998 to €47,572
- Depreciation +€6,075
up €6,075 (+10.2%), from €59,841 to €65,916
- Other operating charges -€3,162
down €3,162 (-17.7%), from €17,871 to €14,708
- Financial charges -€2,414
down €2,414 (-56.0%), from €4,307 to €1,893
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 | €1,321,359 | €1,219,050 | -€102,309 | -7.7% |
| Fixed assets | 21/28 | €779,420 | €790,864 | +€11,444 | +1.5% |
| Tangible fixed assets | 22/27 | €779,420 | €790,864 | +€11,444 | +1.5% |
| Land and buildings | 22 | €710,149 | €698,135 | -€12,014 | -1.7% |
| Plant, machinery and equipment | 23 | €1,462 | €1,294 | -€169 | -11.6% |
| Furniture and vehicles | 24 | €66,391 | €90,018 | +€23,627 | +35.6% |
| Other tangible fixed assets | 26 | €1,417 | €1,417 | = | 0.0% |
| Current assets | 29/58 | €541,939 | €428,186 | -€113,753 | -21.0% |
| Amounts receivable within one year | 40/41 | €228,786 | €232,369 | +€3,583 | +1.6% |
| Trade receivables | 40 | - | €914 | +€914 | |
| Other amounts receivable | 41 | €228,786 | €231,455 | +€2,669 | +1.2% |
| Cash at bank and in hand | 54/58 | €313,153 | €191,194 | -€121,959 | -38.9% |
| Deferred charges and accrued income | 490/1 | - | €4,623 | +€4,623 | |
| Total equity and liabilities | 10/49 | €1,321,359 | €1,219,050 | -€102,309 | -7.7% |
| Equity | 10/15 | €719,667 | €697,159 | -€22,508 | -3.1% |
| Contributions | 10/11 | €130,144 | €130,144 | = | 0.0% |
| Capital | 10 | €130,144 | €130,144 | = | 0.0% |
| Issued capital | 100 | €130,144 | €130,144 | = | 0.0% |
| Reserves | 13 | €1,046,248 | €1,022,111 | -€24,137 | -2.3% |
| Non-distributable reserves | 130/1 | €4,756 | €4,756 | = | 0.0% |
| Legal reserve | 130 | €4,756 | €4,756 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,041,492 | €1,017,356 | -€24,137 | -2.3% |
| Profit (loss) carried forward | 14 | -€456,725 | -€455,097 | +€1,629 | +0.4% |
| Provisions and deferred taxes | 16 | €493,335 | €480,906 | -€12,428 | -2.5% |
| Deferred taxes | 168 | €493,335 | €480,906 | -€12,428 | -2.5% |
| Amounts payable | 17/49 | €108,358 | €40,985 | -€67,373 | -62.2% |
| Amounts payable within one year | 42/48 | €108,358 | €40,985 | -€67,373 | -62.2% |
| Financial debts | 43 | €76,540 | €29,539 | -€47,000 | -61.4% |
| Credit institutions | 430/8 | €76,540 | €29,539 | -€47,000 | -61.4% |
| Trade debts | 44 | €6,620 | €191 | -€6,429 | -97.1% |
| Suppliers | 440/4 | €6,620 | €191 | -€6,429 | -97.1% |
| Taxes, remuneration and social security | 45 | €746 | €1,220 | +€474 | +63.5% |
| Taxes | 450/3 | €746 | €1,220 | +€474 | +63.5% |
| Other amounts payable | 47/48 | €24,452 | €10,035 | -€14,417 | -59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,841 | €65,916 | +€6,075 | +10.2% |
| Other operating charges | 640/8 | €17,871 | €14,708 | -€3,162 | -17.7% |
| Gross operating margin | 9900 | -€9,998 | €47,572 | +€57,570 | |
| Operating profit (loss) | 9901 | -€87,709 | -€33,052 | +€54,657 | +62.3% |
| Financial income | 75/76B | €0 | €361 | +€361 | |
| Recurring financial income | 75 | €0 | €361 | +€361 | |
| Financial charges | 65/66B | €4,307 | €1,893 | -€2,414 | -56.0% |
| Recurring financial charges | 65 | €4,307 | €1,893 | -€2,414 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | -€92,016 | -€34,584 | +€57,432 | +62.4% |
| Transfer from deferred taxes | 780 | €12,428 | €12,428 | = | 0.0% |
| Income taxes | 67/77 | €746 | €353 | -€393 | -52.7% |
| Profit (loss) for the period | 9904 | -€80,334 | -€22,508 | +€57,826 | +72.0% |
| Transfer from tax-exempt reserves | 789 | €24,137 | €24,137 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,197 | €1,629 | +€57,826 |
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 10 October 2026 via checked.be.