TORCK IMMO: 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.
TORCK IMMO
Largest movements
- Cash +€168,785
up €168,785 (+63.5%), from €265,873 to €434,658
mainly Net result for the year (+€151,794) and Depreciation (+€134,184)
- Tangible fixed assets -€134,834
down €134,834 (-3.8%), from €3.6m to €3.4m
of which Land and buildings: -€131,961
- Debts after one year -€144,282
down €144,282 (-4.1%), from €3.5m to €3.3m
- Reserves +€131,593
up €131,593 (+2,337%), from €5,630 to €137,223
- Financial income +€4,157
up €4,157 (+111%), from €3,751 to €7,908
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 | €3,991,520 | €3,993,703 | +€2,183 | +0.1% |
| Fixed assets | 21/28 | €3,569,328 | €3,432,094 | -€137,234 | -3.8% |
| Tangible fixed assets | 22/27 | €3,566,928 | €3,432,094 | -€134,834 | -3.8% |
| Land and buildings | 22 | €2,960,594 | €2,828,634 | -€131,961 | -4.5% |
| Plant, machinery and equipment | 23 | €25,471 | €22,598 | -€2,873 | -11.3% |
| Other tangible fixed assets | 26 | €580,863 | €580,863 | = | 0.0% |
| Financial fixed assets | 28 | €2,400 | - | -€2,400 | |
| Current assets | 29/58 | €422,192 | €561,609 | +€139,417 | +33.0% |
| Amounts receivable within one year | 40/41 | €156,320 | €126,951 | -€29,368 | -18.8% |
| Trade receivables | 40 | €150,000 | €125,658 | -€24,342 | -16.2% |
| Other amounts receivable | 41 | €6,320 | €1,293 | -€5,026 | -79.5% |
| Cash at bank and in hand | 54/58 | €265,873 | €434,658 | +€168,785 | +63.5% |
| Total equity and liabilities | 10/49 | €3,991,520 | €3,993,703 | +€2,183 | +0.1% |
| Equity | 10/15 | €315,429 | €467,223 | +€151,794 | +48.1% |
| Contributions | 10/11 | €330,000 | €330,000 | = | 0.0% |
| Reserves | 13 | €5,630 | €137,223 | +€131,593 | +2,337% |
| Distributable reserves | 133 | €5,630 | €137,223 | +€131,593 | +2,337% |
| Profit (loss) carried forward | 14 | -€20,201 | - | +€20,201 | |
| Amounts payable | 17/49 | €3,676,092 | €3,526,481 | -€149,611 | -4.1% |
| Amounts payable after more than one year | 17 | €3,488,090 | €3,343,808 | -€144,282 | -4.1% |
| Financial debts | 170/4 | €3,488,090 | €3,343,808 | -€144,282 | -4.1% |
| Amounts payable within one year | 42/48 | €188,002 | €182,673 | -€5,329 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €165,316 | €166,794 | +€1,477 | +0.9% |
| Trade debts | 44 | €9,034 | €6,878 | -€2,156 | -23.9% |
| Suppliers | 440/4 | €9,034 | €6,878 | -€2,156 | -23.9% |
| Taxes, remuneration and social security | 45 | €13,651 | €9,001 | -€4,650 | -34.1% |
| Taxes | 450/3 | €13,651 | €9,001 | -€4,650 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,385 | €134,184 | +€1,799 | +1.4% |
| Other operating charges | 640/8 | €1,109 | €1,143 | +€33 | +3.0% |
| Gross operating margin | 9900 | €318,966 | €321,869 | +€2,903 | +0.9% |
| Operating profit (loss) | 9901 | €185,472 | €186,543 | +€1,071 | +0.6% |
| Financial income | 75/76B | €3,751 | €7,908 | +€4,157 | +111% |
| Recurring financial income | 75 | €3,751 | €7,908 | +€4,157 | +111% |
| Financial charges | 65/66B | €43,459 | €42,657 | -€802 | -1.8% |
| Recurring financial charges | 65 | €43,459 | €42,657 | -€802 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €145,764 | €151,794 | +€6,030 | +4.1% |
| Profit (loss) for the period | 9904 | €145,764 | €151,794 | +€6,030 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €145,764 | €151,794 | +€6,030 | +4.1% |
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 29 October 2026 via checked.be.