TORMAC TECHNICS: what changed
TORMAC TECHNICS
Largest movements
- Receivables within one year +€23,706
up €23,706 (+120%), from €19,829 to €43,535
of which Other amounts receivable: +€27,540
- Stocks and contracts -€3,121
down €3,121 (-31.3%), from €9,968 to €6,847
- Profit (loss) carried forward +€18,940
up €18,940 (+488%), from €3,884 to €22,824
- Tax, wage and social debts +€7,255
up €7,255 (+405%), from €1,793 to €9,049
- Short-term financial debts -€6,557
down €6,557 (-49.9%), from €13,144 to €6,587
- Trade debts +€1,167
up €1,167 (+20.8%), from €5,620 to €6,788
- Gross operating margin +€11,309
up €11,309 (+74.5%), from €15,176 to €26,485
- Taxes +€5,311
up €5,311 (+2,366%), from €225 to €5,536
- Depreciation -€5,135
no longer reported in 2025 (was €5,135)
- Financial income +€1,054
up €1,054 (+266%), from €396 to €1,449
- Other operating charges -€617
down €617 (-39.4%), from €1,568 to €951
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 | €30,642 | €51,448 | +€20,806 | +67.9% |
| Current assets | 29/58 | €30,642 | €51,448 | +€20,806 | +67.9% |
| Stocks and contracts in progress | 3 | €9,968 | €6,847 | -€3,121 | -31.3% |
| Stocks | 30/36 | €9,968 | €6,847 | -€3,121 | -31.3% |
| Amounts receivable within one year | 40/41 | €19,829 | €43,535 | +€23,706 | +120% |
| Trade receivables | 40 | €10,867 | €7,033 | -€3,835 | -35.3% |
| Other amounts receivable | 41 | €8,962 | €36,502 | +€27,540 | +307% |
| Cash at bank and in hand | 54/58 | €693 | €910 | +€217 | +31.3% |
| Deferred charges and accrued income | 490/1 | €151 | €155 | +€4 | +2.5% |
| Total equity and liabilities | 10/49 | €30,642 | €51,448 | +€20,806 | +67.9% |
| Equity | 10/15 | €10,084 | €29,024 | +€18,940 | +188% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,884 | €22,824 | +€18,940 | +488% |
| Amounts payable | 17/49 | €20,558 | €22,424 | +€1,866 | +9.1% |
| Amounts payable within one year | 42/48 | €20,558 | €22,424 | +€1,866 | +9.1% |
| Financial debts | 43 | €13,144 | €6,587 | -€6,557 | -49.9% |
| Credit institutions | 430/8 | €13,144 | €6,587 | -€6,557 | -49.9% |
| Trade debts | 44 | €5,620 | €6,788 | +€1,167 | +20.8% |
| Suppliers | 440/4 | €5,620 | €6,788 | +€1,167 | +20.8% |
| Taxes, remuneration and social security | 45 | €1,793 | €9,049 | +€7,255 | +405% |
| Taxes | 450/3 | €1,793 | €9,049 | +€7,255 | +405% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,135 | - | -€5,135 | |
| Other operating charges | 640/8 | €1,568 | €951 | -€617 | -39.4% |
| Gross operating margin | 9900 | €15,176 | €26,485 | +€11,309 | +74.5% |
| Operating profit (loss) | 9901 | €8,474 | €25,534 | +€17,061 | +201% |
| Financial income | 75/76B | €396 | €1,449 | +€1,054 | +266% |
| Recurring financial income | 75 | €396 | €1,449 | +€1,054 | +266% |
| Financial charges | 65/66B | €2,904 | €2,508 | -€396 | -13.6% |
| Recurring financial charges | 65 | €2,904 | €2,508 | -€396 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €5,965 | €24,476 | +€18,511 | +310% |
| Income taxes | 67/77 | €225 | €5,536 | +€5,311 | +2,366% |
| Profit (loss) for the period | 9904 | €5,741 | €18,940 | +€13,199 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €5,741 | €18,940 | +€13,199 | +230% |
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 2 November 2026 via checked.be.