TORNADE PRODUCTION: 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.
TORNADE PRODUCTION
Largest movements
- Cash +€4,015
up €4,015 (+21.4%), from €18,722 to €22,737
mainly Depreciation (+€7,397) and Trade debts (+€1,598)
- Tangible fixed assets -€2,841
down €2,841 (-16.1%), from €17,669 to €14,828
- Trade debts +€1,598
up €1,598 (+27.8%), from €5,753 to €7,350
- Profit (loss) carried forward -€761
new in 2025: -€761
- Tax, wage and social debts +€514
up €514 (+2.0%), from €25,688 to €26,202
of which Remuneration and social security: +€3,800
- Gross operating margin -€9,470
down €9,470 (-53.1%), from €17,829 to €8,359
- Taxes -€3,594
down €3,594 (-94.8%), from €3,789 to €195
- Other operating charges +€289
up €289 (+30.0%), from €966 to €1,255
- Depreciation -€272
down €272 (-3.6%), from €7,669 to €7,397
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.
Cash bridge derived
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 | €44,913 | €46,264 | +€1,351 | +3.0% |
| Fixed assets | 21/28 | €17,669 | €14,828 | -€2,841 | -16.1% |
| Tangible fixed assets | 22/27 | €17,669 | €14,828 | -€2,841 | -16.1% |
| Furniture and vehicles | 24 | €17,669 | €14,828 | -€2,841 | -16.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €27,245 | €31,436 | +€4,192 | +15.4% |
| Amounts receivable within one year | 40/41 | €7,719 | €8,055 | +€336 | +4.3% |
| Trade receivables | 40 | €2,061 | €2,398 | +€337 | +16.3% |
| Other amounts receivable | 41 | €5,658 | €5,657 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €18,722 | €22,737 | +€4,015 | +21.4% |
| Deferred charges and accrued income | 490/1 | €804 | €645 | -€159 | -19.8% |
| Total equity and liabilities | 10/49 | €44,913 | €46,264 | +€1,351 | +3.0% |
| Equity | 10/15 | €13,473 | €12,712 | -€761 | -5.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €13,373 | €13,373 | = | 0.0% |
| Distributable reserves | 133 | €13,373 | €13,373 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€761 | -€761 | |
| Amounts payable | 17/49 | €31,440 | €33,552 | +€2,112 | +6.7% |
| Amounts payable within one year | 42/48 | €31,440 | €33,552 | +€2,112 | +6.7% |
| Trade debts | 44 | €5,753 | €7,350 | +€1,598 | +27.8% |
| Suppliers | 440/4 | €5,753 | €7,350 | +€1,598 | +27.8% |
| Taxes, remuneration and social security | 45 | €25,688 | €26,202 | +€514 | +2.0% |
| Taxes | 450/3 | €25,688 | €22,402 | -€3,286 | -12.8% |
| Remuneration and social security | 454/9 | €0 | €3,800 | +€3,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,669 | €7,397 | -€272 | -3.6% |
| Other operating charges | 640/8 | €966 | €1,255 | +€289 | +30.0% |
| Gross operating margin | 9900 | €17,829 | €8,359 | -€9,470 | -53.1% |
| Operating profit (loss) | 9901 | €9,194 | -€293 | -€9,487 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +13233.3% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +13233.3% |
| Financial charges | 65/66B | €196 | €277 | +€81 | +41.6% |
| Recurring financial charges | 65 | €196 | €277 | +€81 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €8,999 | -€566 | -€9,564 | |
| Income taxes | 67/77 | €3,789 | €195 | -€3,594 | -94.8% |
| Profit (loss) for the period | 9904 | €5,210 | -€761 | -€5,971 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,210 | -€761 | -€5,971 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.