TORINO MOTOR: what changed
TORINO MOTOR
Largest movements
- Tangible fixed assets -€161,760
down €161,760 (-9.9%), from €1.6m to €1.5m
of which Land and buildings: -€161,194
- Receivables within one year +€137,763
up €137,763 (+21.2%), from €648,671 to €786,434
of which Trade receivables: +€115,095
- Debts after one year -€34,432
down €34,432 (-11.0%), from €313,143 to €278,712
of which Financial debts: -€34,432
- Gross operating margin +€46,052
up €46,052 (+83.2%), from €55,345 to €101,397
- Depreciation -€11,407
down €11,407 (-14.2%), from €80,487 to €69,081
- Financial charges -€4,336
down €4,336 (-40.4%), from €10,720 to €6,384
- Taxes +€1,805
new in 2025: €1,805
- Staff costs +€1,315
up €1,315 (+241%), from €546 to €1,861
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 | €2,710,895 | €2,688,065 | -€22,830 | -0.8% |
| Fixed assets | 21/28 | €1,629,673 | €1,467,913 | -€161,760 | -9.9% |
| Tangible fixed assets | 22/27 | €1,629,673 | €1,467,913 | -€161,760 | -9.9% |
| Land and buildings | 22 | €1,620,148 | €1,458,954 | -€161,194 | -9.9% |
| Plant, machinery and equipment | 23 | €716 | €2,071 | +€1,355 | +189% |
| Furniture and vehicles | 24 | €8,809 | €6,888 | -€1,921 | -21.8% |
| Current assets | 29/58 | €1,081,222 | €1,220,152 | +€138,930 | +12.8% |
| Stocks and contracts in progress | 3 | €17,000 | - | -€17,000 | |
| Stocks | 30/36 | €17,000 | - | -€17,000 | |
| Amounts receivable within one year | 40/41 | €648,671 | €786,434 | +€137,763 | +21.2% |
| Trade receivables | 40 | €32,117 | €147,212 | +€115,095 | +358% |
| Other amounts receivable | 41 | €616,554 | €639,222 | +€22,668 | +3.7% |
| Cash at bank and in hand | 54/58 | €413,344 | €432,400 | +€19,056 | +4.6% |
| Deferred charges and accrued income | 490/1 | €2,207 | €1,318 | -€890 | -40.3% |
| Total equity and liabilities | 10/49 | €2,710,895 | €2,688,065 | -€22,830 | -0.8% |
| Equity | 10/15 | €1,791,452 | €1,810,543 | +€19,091 | +1.1% |
| Contributions | 10/11 | €887,973 | €887,973 | = | 0.0% |
| Capital | 10 | €887,973 | €887,973 | = | 0.0% |
| Issued capital | 100 | €887,973 | €887,973 | = | 0.0% |
| Reserves | 13 | €903,479 | €922,570 | +€19,091 | +2.1% |
| Non-distributable reserves | 130/1 | €60,608 | €61,653 | +€1,045 | +1.7% |
| Legal reserve | 130 | €60,608 | €61,653 | +€1,045 | +1.7% |
| Distributable reserves | 133 | €842,870 | €860,917 | +€18,047 | +2.1% |
| Amounts payable | 17/49 | €919,443 | €877,521 | -€41,922 | -4.6% |
| Amounts payable after more than one year | 17 | €313,143 | €278,712 | -€34,432 | -11.0% |
| Financial debts | 170/4 | €309,323 | €274,892 | -€34,432 | -11.1% |
| Other amounts payable | 178/9 | €3,820 | €3,820 | = | 0.0% |
| Amounts payable within one year | 42/48 | €603,059 | €595,569 | -€7,490 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €33,900 | €34,432 | +€532 | +1.6% |
| Trade debts | 44 | €144 | €3,334 | +€3,190 | +2,214% |
| Suppliers | 440/4 | €144 | €3,334 | +€3,190 | +2,214% |
| Advances received on contracts in progress | 46 | €3,441 | €3,266 | -€175 | -5.1% |
| Taxes, remuneration and social security | 45 | €10,471 | €1,230 | -€9,242 | -88.3% |
| Taxes | 450/3 | €1,722 | €1,230 | -€492 | -28.6% |
| Remuneration and social security | 454/9 | €8,750 | - | -€8,750 | |
| Other amounts payable | 47/48 | €555,103 | €553,308 | -€1,795 | -0.3% |
| Accrued charges and deferred income | 492/3 | €3,241 | €3,241 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €546 | €1,861 | +€1,315 | +241% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,487 | €69,081 | -€11,407 | -14.2% |
| Other operating charges | 640/8 | €10,632 | €9,994 | -€638 | -6.0% |
| Gross operating margin | 9900 | €55,345 | €101,397 | +€46,052 | +83.2% |
| Operating profit (loss) | 9901 | -€36,320 | €20,462 | +€56,782 | |
| Financial income | 75/76B | €6,349 | €6,818 | +€470 | +7.4% |
| Recurring financial income | 75 | €6,349 | €6,818 | +€470 | +7.4% |
| Financial charges | 65/66B | €10,720 | €6,384 | -€4,336 | -40.4% |
| Recurring financial charges | 65 | €10,720 | €6,384 | -€4,336 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | -€40,691 | €20,896 | +€61,587 | |
| Income taxes | 67/77 | - | €1,805 | +€1,805 | |
| Profit (loss) for the period | 9904 | -€40,691 | €19,091 | +€59,782 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,691 | €19,091 | +€59,782 |
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 5 November 2026 via checked.be.