TORANN: 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.
What changed
TORANN
NACE 80.010, Investigation and private security services
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€19,899
31-12-2024 · -€147,724+€167,623
Equity
€403,093
31-12-2024 · €383,194+€19,899
Cash
€1.2m
31-12-2024 · €1.2m-€10,978
Balance sheet total
€4.0m
31-12-2024 · €6.0m-€2.0m
Largest movements
Assets
- Current investments -€1.6m
down €1.6m (-96.2%), from €1.7m to €64,046
- Receivables within one year -€389,583
down €389,583 (-15.8%), from €2.5m to €2.1m
of which Other amounts receivable: -€733,162
Equity and liabilities
- Current portion of long-term debt -€1.2m
down €1.2m (-100%), from €1.2m to €0
- Debts after one year -€460,884
down €460,884 (-20.4%), from €2.3m to €1.8m
- Trade debts -€256,547
down €256,547 (-52.5%), from €488,857 to €232,309
- Provisions -€184,912
down €184,912 (-87.6%), from €210,975 to €26,063
- Tax, wage and social debts -€133,727
down €133,727 (-9.4%), from €1.4m to €1.3m
of which Taxes: -€247,593
Income statement
- Financial income +€1.2m
up €1.2m (+2,290%), from €50,599 to €1.2m
of which Non-recurring financial income: +€1.2m
- Other operating income -€632,485
down €632,485 (-49.6%), from €1.3m to €642,050
- Turnover -€253,950
down €253,950 (-2.6%), from €9.7m to €9.4m
- Services and other goods +€229,734
up €229,734 (+21.6%), from €1.1m to €1.3m
- Provisions -€207,912
down €207,912, from €23,000 to -€184,912
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
-€147,724
Turnover
-€253,950
Other operating income
-€632,485
Goods and materials
-€46,656
Services and other goods
-€229,734
Staff costs
+€23,280
Depreciation
-€65,484
Write-downs
-€6,489
Provisions
+€207,912
Other operating charges
+€79,748
Other operating items
-€73,827
Financial income
+€1.2m
Financial charges
+€232
Taxes
+€6,220
Result 31-12-2025
€19,899
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€24,052
Investment
+€1.5m
Financing
-€1.5m
Cash 31-12-2024
€1.2m
From operations (derived)
+€24,052
Net result for the year
+€19,899
Depreciation
+€108,807
Stocks and contracts
+€33,333
Receivables within one year
+€389,583
Deferred charges and accrued income
-€45,134
Provisions
-€184,912
Trade debts
-€256,547
Tax, wage and social debts
-€133,727
Accrued charges and deferred income
+€92,750
Investment (derived)
+€1.5m
Investment in fixed assets (net)
-€126,694
Current investments
+€1.6m
Financing
-€1.5m
Debts after one year
-€460,884
Current portion of long-term debt
-€1.2m
Short-term financial debts
+€129,789
Cash 31-12-2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,994,246 | €4,000,614 | -€2.0m | -33.3% |
| Fixed assets | 21/28 | €559,801 | €577,688 | +€17,887 | +3.2% |
| Intangible fixed assets | 21 | €84,016 | €58,234 | -€25,782 | -30.7% |
| Tangible fixed assets | 22/27 | €451,195 | €494,865 | +€43,669 | +9.7% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €56,935 | €55,956 | -€979 | -1.7% |
| Furniture and vehicles | 24 | €2,678 | €1,603 | -€1,075 | -40.1% |
| Other tangible fixed assets | 26 | €391,583 | €437,306 | +€45,723 | +11.7% |
| Financial fixed assets | 28 | €24,590 | €24,590 | = | 0.0% |
| Other financial fixed assets | 284/8 | €24,590 | €24,590 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €24,590 | €24,590 | = | 0.0% |
| Current assets | 29/58 | €5,434,445 | €3,422,925 | -€2.0m | -37.0% |
| Stocks and contracts in progress | 3 | €33,333 | €0 | -€33,333 | -100% |
| Stocks | 30/36 | €33,333 | €0 | -€33,333 | -100% |
| Goods purchased for resale | 34 | €33,333 | €0 | -€33,333 | -100% |
| Amounts receivable within one year | 40/41 | €2,466,307 | €2,076,723 | -€389,583 | -15.8% |
| Trade receivables | 40 | €1,717,002 | €2,060,581 | +€343,579 | +20.0% |
| Other amounts receivable | 41 | €749,305 | €16,143 | -€733,162 | -97.8% |
| Current investments | 50/53 | €1,686,806 | €64,046 | -€1.6m | -96.2% |
| Other investments | 51/53 | €1,686,806 | €64,046 | -€1.6m | -96.2% |
| Cash at bank and in hand | 54/58 | €1,194,852 | €1,183,874 | -€10,978 | -0.9% |
| Deferred charges and accrued income | 490/1 | €53,148 | €98,282 | +€45,134 | +84.9% |
| Total equity and liabilities | 10/49 | €5,994,246 | €4,000,614 | -€2.0m | -33.3% |
| Equity | 10/15 | €383,194 | €403,093 | +€19,899 | +5.2% |
| Contributions | 10/11 | €509,952 | €509,952 | = | 0.0% |
| Capital | 10 | €509,952 | €509,952 | = | 0.0% |
| Issued capital | 100 | €509,952 | €509,952 | = | 0.0% |
| Reserves | 13 | €20,966 | €20,966 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,032 | €17,032 | = | 0.0% |
| Legal reserve | 130 | €17,032 | €17,032 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,934 | €3,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,724 | -€127,825 | +€19,899 | +13.5% |
| Provisions and deferred taxes | 16 | €210,975 | €26,063 | -€184,912 | -87.6% |
| Provisions for liabilities and charges | 160/5 | €210,975 | €26,063 | -€184,912 | -87.6% |
| Other liabilities and charges | 164/5 | €210,975 | €26,063 | -€184,912 | -87.6% |
| Amounts payable | 17/49 | €5,400,077 | €3,571,458 | -€1.8m | -33.9% |
| Amounts payable after more than one year | 17 | €2,257,880 | €1,796,996 | -€460,884 | -20.4% |
| Financial debts | 170/4 | €2,257,880 | €1,796,996 | -€460,884 | -20.4% |
| Other loans | 174 | €2,257,880 | €1,796,996 | -€460,884 | -20.4% |
| Amounts payable within one year | 42/48 | €3,109,017 | €1,648,532 | -€1.5m | -47.0% |
| Current portion of amounts payable after more than one year | 42 | €1,200,000 | €0 | -€1.2m | -100% |
| Financial debts | 43 | - | €129,789 | +€129,789 | |
| Credit institutions | 430/8 | - | €129,789 | +€129,789 | |
| Trade debts | 44 | €488,857 | €232,309 | -€256,547 | -52.5% |
| Suppliers | 440/4 | €488,857 | €232,309 | -€256,547 | -52.5% |
| Taxes, remuneration and social security | 45 | €1,420,160 | €1,286,433 | -€133,727 | -9.4% |
| Taxes | 450/3 | €449,938 | €202,345 | -€247,593 | -55.0% |
| Remuneration and social security | 454/9 | €970,223 | €1,084,088 | +€113,866 | +11.7% |
| Accrued charges and deferred income | 492/3 | €33,180 | €125,930 | +€92,750 | +280% |
| Operating income | 70/76A | €11,020,657 | €10,066,082 | -€954,575 | -8.7% |
| Turnover | 70 | €9,656,537 | €9,402,587 | -€253,950 | -2.6% |
| Other operating income | 74 | €1,274,536 | €642,050 | -€632,485 | -49.6% |
| Non-recurring operating income | 76A | €89,585 | €21,445 | -€68,140 | -76.1% |
| Operating charges | 60/66A | €11,184,007 | €11,227,117 | +€43,110 | +0.4% |
| Goods for resale, raw materials and consumables | 60 | €274,223 | €320,879 | +€46,656 | +17.0% |
| Purchases | 600/8 | €307,556 | €287,545 | -€20,011 | -6.5% |
| Change in stocks: decrease (increase) | 609 | -€33,333 | €33,333 | +€66,666 | |
| Services and other goods | 61 | €1,061,869 | €1,291,603 | +€229,734 | +21.6% |
| Remuneration, social security and pensions | 62 | €9,435,741 | €9,412,461 | -€23,280 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,323 | €108,807 | +€65,484 | +151% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,629 | €11,118 | +€6,489 | +140% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €23,000 | -€184,912 | -€207,912 | |
| Other operating charges | 640/8 | €338,455 | €258,707 | -€79,748 | -23.6% |
| Non-recurring operating charges | 66A | €2,767 | €8,454 | +€5,687 | +206% |
| Operating profit (loss) | 9901 | -€163,350 | -€1,161,035 | -€997,685 | -611% |
| Financial income | 75/76B | €50,599 | €1,209,456 | +€1.2m | +2,290% |
| Recurring financial income | 75 | €50,599 | €9,456 | -€41,143 | -81.3% |
| Income from current assets | 751 | €45,581 | €7,117 | -€38,464 | -84.4% |
| Other financial income | 752/9 | €5,018 | €2,339 | -€2,679 | -53.4% |
| Non-recurring financial income | 76B | - | €1,200,000 | +€1.2m | |
| Financial charges | 65/66B | €33,781 | €33,549 | -€232 | -0.7% |
| Recurring financial charges | 65 | €33,781 | €33,549 | -€232 | -0.7% |
| Debt charges | 650 | €23,044 | €28,747 | +€5,703 | +24.7% |
| Other financial charges | 652/9 | €10,737 | €4,803 | -€5,934 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | -€146,532 | €14,872 | +€161,403 | |
| Income taxes | 67/77 | €1,193 | -€5,027 | -€6,220 | |
| Taxes | 670/3 | €1,193 | €2,358 | +€1,166 | +97.8% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €7,386 | +€7,386 | |
| Profit (loss) for the period | 9904 | -€147,724 | €19,899 | +€167,623 | |
| Profit (loss) for the period to be appropriated | 9905 | -€147,724 | €19,899 | +€167,623 |
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 16 October 2026 via checked.be.