TORALIUS: 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.
TORALIUS
Largest movements
- Financial fixed assets +€120,011
up €120,011 (+75.1%), from €159,900 to €279,911
- Current investments -€80,191
down €80,191 (-55.0%), from €145,897 to €65,706
- Cash +€8,422
up €8,422 (+347%), from €2,429 to €10,851
mainly Net result for the year (+€121,339) and Current investments (+€80,191)
- Debts after one year +€27,419
up €27,419 (+362%), from €7,581 to €35,000
- Profit (loss) carried forward +€21,339
up €21,339 (+11.5%), from €185,997 to €207,336
- Other debts -€20,621
down €20,621 (-17.1%), from €120,621 to €100,000
- Short-term financial debts +€13,456
new in 2025: €13,456
- Current portion of long-term debt +€5,014
up €5,014 (+28.5%), from €17,567 to €22,581
- Gross operating margin +€21,597
up €21,597 (+11.7%), from €184,541 to €206,138
- Financial charges -€14,816
down €14,816 (-28.7%), from €51,594 to €36,777
- Taxes +€12,070
up €12,070 (+29.9%), from €40,371 to €52,441
- Financial income +€5,324
up €5,324 (+483%), from €1,103 to €6,427
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 | €353,398 | €403,939 | +€50,541 | +14.3% |
| Fixed assets | 21/28 | €161,294 | €282,691 | +€121,396 | +75.3% |
| Tangible fixed assets | 22/27 | €1,394 | €2,780 | +€1,385 | +99.4% |
| Plant, machinery and equipment | 23 | €981 | €847 | -€135 | -13.7% |
| Furniture and vehicles | 24 | €413 | €1,933 | +€1,520 | +368% |
| Financial fixed assets | 28 | €159,900 | €279,911 | +€120,011 | +75.1% |
| Current assets | 29/58 | €192,103 | €121,248 | -€70,855 | -36.9% |
| Amounts receivable after more than one year | 29 | €29,000 | €30,000 | +€1,000 | +3.4% |
| Other amounts receivable | 291 | €29,000 | €30,000 | +€1,000 | +3.4% |
| Amounts receivable within one year | 40/41 | €10,399 | €10,183 | -€216 | -2.1% |
| Trade receivables | 40 | €10,399 | €9,734 | -€666 | -6.4% |
| Other amounts receivable | 41 | €0 | €449 | +€449 | +4,492,200% |
| Current investments | 50/53 | €145,897 | €65,706 | -€80,191 | -55.0% |
| Cash at bank and in hand | 54/58 | €2,429 | €10,851 | +€8,422 | +347% |
| Deferred charges and accrued income | 490/1 | €4,379 | €4,509 | +€130 | +3.0% |
| Total equity and liabilities | 10/49 | €353,398 | €403,939 | +€50,541 | +14.3% |
| Equity | 10/15 | €187,997 | €209,336 | +€21,339 | +11.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,997 | €207,336 | +€21,339 | +11.5% |
| Amounts payable | 17/49 | €165,401 | €194,603 | +€29,202 | +17.7% |
| Amounts payable after more than one year | 17 | €7,581 | €35,000 | +€27,419 | +362% |
| Financial debts | 170/4 | €7,581 | €35,000 | +€27,419 | +362% |
| Amounts payable within one year | 42/48 | €157,050 | €158,946 | +€1,896 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €17,567 | €22,581 | +€5,014 | +28.5% |
| Financial debts | 43 | - | €13,456 | +€13,456 | |
| Credit institutions | 430/8 | - | €13,456 | +€13,456 | |
| Trade debts | 44 | €734 | €3,699 | +€2,965 | +404% |
| Suppliers | 440/4 | €734 | €3,699 | +€2,965 | +404% |
| Taxes, remuneration and social security | 45 | €18,129 | €19,210 | +€1,081 | +6.0% |
| Taxes | 450/3 | €18,129 | €19,210 | +€1,081 | +6.0% |
| Other amounts payable | 47/48 | €120,621 | €100,000 | -€20,621 | -17.1% |
| Accrued charges and deferred income | 492/3 | €769 | €657 | -€113 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €766 | €543 | -€223 | -29.1% |
| Other operating charges | 640/8 | €1,414 | €1,465 | +€51 | +3.6% |
| Gross operating margin | 9900 | €184,541 | €206,138 | +€21,597 | +11.7% |
| Operating profit (loss) | 9901 | €182,361 | €204,130 | +€21,769 | +11.9% |
| Financial income | 75/76B | €1,103 | €6,427 | +€5,324 | +483% |
| Recurring financial income | 75 | €1,103 | €6,427 | +€5,324 | +483% |
| Financial charges | 65/66B | €51,594 | €36,777 | -€14,816 | -28.7% |
| Recurring financial charges | 65 | €51,594 | €36,777 | -€14,816 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €131,870 | €173,780 | +€41,910 | +31.8% |
| Income taxes | 67/77 | €40,371 | €52,441 | +€12,070 | +29.9% |
| Profit (loss) for the period | 9904 | €91,499 | €121,339 | +€29,840 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €91,499 | €121,339 | +€29,840 | +32.6% |
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 17 October 2026 via checked.be.