TORLINTA: 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.
TORLINTA
Largest movements
- Stocks and contracts +€390,699
up €390,699 (+491%), from €79,515 to €470,213
- Cash -€301,208
down €301,208 (-82.0%), from €367,134 to €65,926
mainly Stocks and contracts (-€390,699) and Investment in fixed assets (net) (-€128,063)
- Tangible fixed assets +€87,417
up €87,417 (+202%), from €43,250 to €130,667
of which Furniture and vehicles: +€90,723
- Receivables within one year -€8,394
down €8,394 (-34.2%), from €24,573 to €16,179
of which Other amounts receivable: -€6,607
- Debts after one year +€302,945
up €302,945 (+45.0%), from €673,776 to €976,721
of which Financial debts: +€250,000
- Profit (loss) carried forward -€103,267
down €103,267 (-32.8%), from -€314,873 to -€418,141
- Trade debts -€27,597
down €27,597 (-83.9%), from €32,905 to €5,308
- Gross operating margin +€143,899
up €143,899 (+76.0%), from -€189,225 to -€45,326
- Staff costs -€30,146
down €30,146 (-99.9%), from €30,175 to €29
- Depreciation +€20,725
up €20,725 (+104%), from €19,921 to €40,646
- Financial charges +€4,608
up €4,608 (+32.9%), from €14,002 to €18,610
- Financial income +€3,959
up €3,959 (+334%), from €1,186 to €5,145
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 | €518,790 | €687,420 | +€168,631 | +32.5% |
| Fixed assets | 21/28 | €43,250 | €130,667 | +€87,417 | +202% |
| Tangible fixed assets | 22/27 | €43,250 | €130,667 | +€87,417 | +202% |
| Land and buildings | 22 | €21,369 | €18,308 | -€3,061 | -14.3% |
| Furniture and vehicles | 24 | €21,637 | €112,359 | +€90,723 | +419% |
| Other tangible fixed assets | 26 | €245 | €0 | -€245 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €475,540 | €556,753 | +€81,213 | +17.1% |
| Stocks and contracts in progress | 3 | €79,515 | €470,213 | +€390,699 | +491% |
| Stocks | 30/36 | €79,515 | €470,213 | +€390,699 | +491% |
| Amounts receivable within one year | 40/41 | €24,573 | €16,179 | -€8,394 | -34.2% |
| Trade receivables | 40 | €1,796 | €9 | -€1,787 | -99.5% |
| Other amounts receivable | 41 | €22,777 | €16,170 | -€6,607 | -29.0% |
| Cash at bank and in hand | 54/58 | €367,134 | €65,926 | -€301,208 | -82.0% |
| Deferred charges and accrued income | 490/1 | €4,319 | €4,435 | +€116 | +2.7% |
| Total equity and liabilities | 10/49 | €518,790 | €687,420 | +€168,631 | +32.5% |
| Equity | 10/15 | -€201,459 | -€304,726 | -€103,267 | -51.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €51,414 | €51,414 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,161 | €27,161 | = | 0.0% |
| Distributable reserves | 133 | €18,053 | €18,053 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€314,873 | -€418,141 | -€103,267 | -32.8% |
| Amounts payable | 17/49 | €720,248 | €992,146 | +€271,898 | +37.8% |
| Amounts payable after more than one year | 17 | €673,776 | €976,721 | +€302,945 | +45.0% |
| Financial debts | 170/4 | - | €250,000 | +€250,000 | |
| Other amounts payable | 178/9 | €673,776 | €726,721 | +€52,945 | +7.9% |
| Amounts payable within one year | 42/48 | €43,664 | €14,968 | -€28,696 | -65.7% |
| Trade debts | 44 | €32,905 | €5,308 | -€27,597 | -83.9% |
| Suppliers | 440/4 | €32,905 | €5,308 | -€27,597 | -83.9% |
| Taxes, remuneration and social security | 45 | €2,688 | €1,527 | -€1,161 | -43.2% |
| Taxes | 450/3 | €2,688 | €1,527 | -€1,161 | -43.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,071 | €8,133 | +€62 | +0.8% |
| Accrued charges and deferred income | 492/3 | €2,809 | €458 | -€2,351 | -83.7% |
| Remuneration, social security and pensions | 62 | €30,175 | €29 | -€30,146 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,921 | €40,646 | +€20,725 | +104% |
| Other operating charges | 640/8 | €4,511 | €3,112 | -€1,399 | -31.0% |
| Non-recurring operating charges | 66A | - | €245 | +€245 | |
| Gross operating margin | 9900 | -€189,225 | -€45,326 | +€143,899 | +76.0% |
| Operating profit (loss) | 9901 | -€243,832 | -€89,358 | +€154,474 | +63.4% |
| Financial income | 75/76B | €1,186 | €5,145 | +€3,959 | +334% |
| Recurring financial income | 75 | €1,186 | €5,145 | +€3,959 | +334% |
| Financial charges | 65/66B | €14,002 | €18,610 | +€4,608 | +32.9% |
| Recurring financial charges | 65 | €14,002 | €18,610 | +€4,608 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | -€256,648 | -€102,824 | +€153,825 | +59.9% |
| Income taxes | 67/77 | €797 | €444 | -€353 | -44.3% |
| Profit (loss) for the period | 9904 | -€257,445 | -€103,267 | +€154,177 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€257,445 | -€103,267 | +€154,177 | +59.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.