Torba: what changed
Two fiscal 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.
Torba
Largest movements
- Tangible fixed assets -€88,415
down €88,415 (-23.8%), from €371,546 to €283,131
of which Land and buildings: -€86,176
- Profit (loss) carried forward -€167,056
down €167,056 (-63.3%), from -€264,041 to -€431,097
- Other debts +€79,000
up €79,000, from €0 to €79,000
- Depreciation +€111,591
up €111,591 (+238.3%), from €46,823 to €158,415
- Gross operating margin +€2,461
up €2,461 (+35.3%), from -€6,979 to -€4,518
- Financial income -€1,291
down €1,291 (-99.9%), from €1,292 to €2
- Financial charges +€385
up €385 (+458.7%), from €84 to €469
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 | €404,031 | €315,975 | -€88,056 | -21.8% |
| Fixed assets | 21/28 | €401,886 | €313,471 | -€88,415 | -22.0% |
| Tangible fixed assets | 22/27 | €371,546 | €283,131 | -€88,415 | -23.8% |
| Land and buildings | 22 | €354,318 | €268,142 | -€86,176 | -24.3% |
| Furniture and vehicles | 24 | €17,227 | €14,989 | -€2,238 | -13.0% |
| Financial fixed assets | 28 | €30,340 | €30,340 | = | 0.0% |
| Current assets | 29/58 | €2,145 | €2,504 | +€359 | +16.7% |
| Cash at bank and in hand | 54/58 | €2,145 | €2,504 | +€359 | +16.7% |
| Total equity and liabilities | 10/49 | €404,031 | €315,975 | -€88,056 | -21.8% |
| Equity | 10/15 | €404,031 | €236,975 | -€167,056 | -41.3% |
| Contributions | 10/11 | €659,723 | €659,723 | = | 0.0% |
| Reserves | 13 | €8,349 | €8,349 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,349 | €8,349 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,349 | €8,349 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€264,041 | -€431,097 | -€167,056 | -63.3% |
| Amounts payable | 17/49 | €0 | €79,000 | +€79,000 | |
| Amounts payable within one year | 42/48 | €0 | €79,000 | +€79,000 | |
| Other amounts payable | 47/48 | €0 | €79,000 | +€79,000 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,823 | €158,415 | +€111,591 | +238.3% |
| Other operating charges | 640/8 | €3,615 | €3,656 | +€40 | +1.1% |
| Gross operating margin | 9900 | -€6,979 | -€4,518 | +€2,461 | +35.3% |
| Operating profit (loss) | 9901 | -€57,418 | -€166,588 | -€109,170 | -190.1% |
| Financial income | 75/76B | €1,292 | €2 | -€1,291 | -99.9% |
| Recurring financial income | 75 | €1,292 | €2 | -€1,291 | -99.9% |
| Financial charges | 65/66B | €84 | €469 | +€385 | +458.7% |
| Recurring financial charges | 65 | €84 | €469 | +€385 | +458.7% |
| Profit (loss) for the period before taxes | 9903 | -€56,209 | -€167,056 | -€110,846 | -197.2% |
| Profit (loss) for the period | 9904 | -€56,209 | -€167,056 | -€110,846 | -197.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,209 | -€167,056 | -€110,846 | -197.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.