TORMANS BV: what changed
What changed
TORMANS BV
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€903,397
2024 · €601,326+€302,071
Equity
€16.5m
2024 · €15.6m+€903,397
Cash
€3.1m
2024 · €3.0m+€53,779
Balance sheet total
€20.6m
2024 · €20.1m+€453,192
Largest movements
Assets
- Receivables within one year +€581,246
up €581,246 (+3.6%), from €16.2m to €16.8m
of which Trade receivables: +€292,010
Equity and liabilities
- Reserves +€903,397
up €903,397 (+5.8%), from €15.6m to €16.5m
of which Distributable reserves: +€827,617
- Tax, wage and social debts -€417,007
down €417,007 (-25.1%), from €1.7m to €1.2m
of which Taxes: -€320,064
Income statement
- Goods and materials +€1.8m
up €1.8m (+9.6%), from €18.4m to €20.2m
- Turnover +€1.3m
up €1.3m (+3.8%), from €34.8m to €36.2m
- Staff costs -€803,809
down €803,809 (-8.5%), from €9.4m to €8.6m
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.
Result 2024
€601,326
Turnover
+€1.3m
Other operating income
+€13,743
Goods and materials
-€1.8m
Services and other goods
-€304,926
Staff costs
+€803,809
Depreciation
+€23,164
Other operating charges
+€18,846
Other operating items
+€23,877
Financial income
-€676
Financial charges
+€3,195
Taxes
+€146,273
Result 2025
€903,397
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€173,733
Investment
-€40,927
Financing
-€79,027
Cash 2024
€3.0m
From operations (derived)
+€173,733
Net result for the year
+€903,397
Depreciation
+€198,666
Receivables within one year
-€581,246
Deferred charges and accrued income
+€24,093
Trade debts
+€168,807
Tax, wage and social debts
-€417,007
Other debts
-€69,844
Accrued charges and deferred income
-€53,132
Investment (derived)
-€40,927
Investment in fixed assets (net)
-€40,927
Financing
-€79,027
Short-term financial debts
-€79,027
Cash 2025
€3.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,138,351 | €20,591,543 | +€453,192 | +2.3% |
| Fixed assets | 21/28 | €756,185 | €598,446 | -€157,739 | -20.9% |
| Tangible fixed assets | 22/27 | €756,185 | €598,446 | -€157,739 | -20.9% |
| Land and buildings | 22 | €603,040 | €459,945 | -€143,095 | -23.7% |
| Plant, machinery and equipment | 23 | €69,136 | €52,161 | -€16,975 | -24.6% |
| Furniture and vehicles | 24 | €84,010 | €86,340 | +€2,331 | +2.8% |
| Current assets | 29/58 | €19,382,166 | €19,993,097 | +€610,931 | +3.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €16,247,832 | €16,829,078 | +€581,246 | +3.6% |
| Trade receivables | 40 | €9,135,421 | €9,427,430 | +€292,010 | +3.2% |
| Other amounts receivable | 41 | €7,112,411 | €7,401,647 | +€289,236 | +4.1% |
| Cash at bank and in hand | 54/58 | €3,002,524 | €3,056,302 | +€53,779 | +1.8% |
| Deferred charges and accrued income | 490/1 | €131,810 | €107,717 | -€24,093 | -18.3% |
| Total equity and liabilities | 10/49 | €20,138,351 | €20,591,543 | +€453,192 | +2.3% |
| Equity | 10/15 | €15,579,854 | €16,483,251 | +€903,397 | +5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,559,854 | €16,463,251 | +€903,397 | +5.8% |
| Tax-exempt reserves | 132 | €894,245 | €970,025 | +€75,780 | +8.5% |
| Distributable reserves | 133 | €14,665,609 | €15,493,226 | +€827,617 | +5.6% |
| Amounts payable | 17/49 | €4,558,497 | €4,108,292 | -€450,205 | -9.9% |
| Amounts payable within one year | 42/48 | €4,415,364 | €4,018,292 | -€397,072 | -9.0% |
| Financial debts | 43 | €240,285 | €161,257 | -€79,027 | -32.9% |
| Credit institutions | 430/8 | €240,285 | €161,257 | -€79,027 | -32.9% |
| Trade debts | 44 | €2,108,319 | €2,277,126 | +€168,807 | +8.0% |
| Suppliers | 440/4 | €2,108,319 | €2,277,126 | +€168,807 | +8.0% |
| Taxes, remuneration and social security | 45 | €1,663,858 | €1,246,850 | -€417,007 | -25.1% |
| Taxes | 450/3 | €587,752 | €267,689 | -€320,064 | -54.5% |
| Remuneration and social security | 454/9 | €1,076,106 | €979,162 | -€96,944 | -9.0% |
| Other amounts payable | 47/48 | €402,903 | €333,058 | -€69,844 | -17.3% |
| Accrued charges and deferred income | 492/3 | €143,132 | €90,000 | -€53,132 | -37.1% |
| Operating income | 70/76A | €35,231,158 | €36,611,633 | +€1.4m | +3.9% |
| Turnover | 70 | €34,835,838 | €36,174,050 | +€1.3m | +3.8% |
| Other operating income | 74 | €277,666 | €291,408 | +€13,743 | +4.9% |
| Non-recurring operating income | 76A | €117,655 | €146,175 | +€28,520 | +24.2% |
| Operating charges | 60/66A | €34,007,210 | €35,234,406 | +€1.2m | +3.6% |
| Goods for resale, raw materials and consumables | 60 | €18,391,398 | €20,154,845 | +€1.8m | +9.6% |
| Purchases | 600/8 | €18,391,398 | €20,154,845 | +€1.8m | +9.6% |
| Services and other goods | 61 | €5,916,068 | €6,220,994 | +€304,926 | +5.2% |
| Remuneration, social security and pensions | 62 | €9,408,561 | €8,604,752 | -€803,809 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221,830 | €198,666 | -€23,164 | -10.4% |
| Other operating charges | 640/8 | €62,873 | €44,027 | -€18,846 | -30.0% |
| Non-recurring operating charges | 66A | €6,480 | €11,122 | +€4,643 | +71.7% |
| Operating profit (loss) | 9901 | €1,223,948 | €1,377,227 | +€153,278 | +12.5% |
| Financial income | 75/76B | €676 | €0 | -€676 | -100.0% |
| Recurring financial income | 75 | €676 | €0 | -€676 | -100.0% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Other financial income | 752/9 | €676 | €0 | -€676 | -100.0% |
| Financial charges | 65/66B | €18,102 | €14,907 | -€3,195 | -17.7% |
| Recurring financial charges | 65 | €18,102 | €14,907 | -€3,195 | -17.7% |
| Debt charges | 650 | €12,351 | €7,420 | -€4,931 | -39.9% |
| Other financial charges | 652/9 | €5,751 | €7,487 | +€1,736 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €1,206,522 | €1,362,320 | +€155,798 | +12.9% |
| Income taxes | 67/77 | €605,196 | €458,923 | -€146,273 | -24.2% |
| Taxes | 670/3 | €605,196 | €458,923 | -€146,273 | -24.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €601,326 | €903,397 | +€302,071 | +50.2% |
| Transfer from tax-exempt reserves | 789 | €812,530 | €303,120 | -€509,410 | -62.7% |
| Transfer to tax-exempt reserves | 689 | €589,400 | €378,900 | -€210,500 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €824,456 | €827,617 | +€3,161 | +0.4% |
Next steps
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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.