TORFS & VAN DEN BERGH: what changed
TORFS & VAN DEN BERGH
Largest movements
- Receivables within one year -€2,562
down €2,562 (-8.7%), from €29,578 to €27,016
of which Other amounts receivable: -€2,562
- Cash -€1,545
down €1,545 (-2.6%), from €59,761 to €58,216
mainly Net result for the year (-€4,077) and Accrued charges and deferred income (-€30)
- Profit (loss) carried forward -€4,077
down €4,077 (-3.9%), from -€105,749 to -€109,826
- Gross operating margin +€2,684
up €2,684 (+59.2%), from -€4,532 to -€1,848
- Other operating charges +€2,061
up €2,061 (+1,747%), from €118 to €2,179
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,339 | €85,231 | -€4,107 | -4.6% |
| Current assets | 29/58 | €89,339 | €85,231 | -€4,107 | -4.6% |
| Amounts receivable within one year | 40/41 | €29,578 | €27,016 | -€2,562 | -8.7% |
| Trade receivables | 40 | €27,016 | €27,016 | = | 0.0% |
| Other amounts receivable | 41 | €2,562 | - | -€2,562 | |
| Cash at bank and in hand | 54/58 | €59,761 | €58,216 | -€1,545 | -2.6% |
| Total equity and liabilities | 10/49 | €89,339 | €85,231 | -€4,107 | -4.6% |
| Equity | 10/15 | €88,268 | €84,191 | -€4,077 | -4.6% |
| Contributions | 10/11 | €67,850 | €67,850 | = | 0.0% |
| Reserves | 13 | €126,167 | €126,167 | = | 0.0% |
| Tax-exempt reserves | 132 | €223 | €223 | = | 0.0% |
| Distributable reserves | 133 | €125,944 | €125,944 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,749 | -€109,826 | -€4,077 | -3.9% |
| Amounts payable | 17/49 | €1,071 | €1,041 | -€30 | -2.8% |
| Amounts payable within one year | 42/48 | €1,041 | €1,041 | = | 0.0% |
| Other amounts payable | 47/48 | €1,041 | €1,041 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Other operating charges | 640/8 | €118 | €2,179 | +€2,061 | +1,747% |
| Gross operating margin | 9900 | -€4,532 | -€1,848 | +€2,684 | +59.2% |
| Operating profit (loss) | 9901 | -€4,650 | -€4,027 | +€623 | +13.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €71 | €50 | -€21 | -29.7% |
| Recurring financial charges | 65 | €71 | €50 | -€21 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,721 | -€4,077 | +€644 | +13.6% |
| Profit (loss) for the period | 9904 | -€4,721 | -€4,077 | +€644 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,721 | -€4,077 | +€644 | +13.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.