TORNADO TELECOM: what changed
Two fiscal 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.
TORNADO TELECOM
Largest movements
- Cash +€250
up €250 (+84.2%), from €297 to €547
mainly Other debts (+€500)
- Other debts +€500
up €500 (+2.4%), from €20,444 to €20,944
- Profit (loss) carried forward -€250
down €250 (-0.5%), from -€48,731 to -€48,981
- Gross operating margin -€205
new in 2024: -€205
- Other operating charges -€85
no longer reported in 2024 (was €85)
- Financial charges -€50
down €50 (-52.6%), from €95 to €45
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,699 | €5,949 | +€250 | +4.4% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €5,699 | €5,949 | +€250 | +4.4% |
| Amounts receivable within one year | 40/41 | €5,402 | €5,402 | = | 0.0% |
| Trade receivables | 40 | €4,517 | €4,517 | = | 0.0% |
| Other amounts receivable | 41 | €885 | €885 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €297 | €547 | +€250 | +84.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €5,699 | €5,949 | +€250 | +4.4% |
| Equity | 10/15 | -€29,457 | -€29,707 | -€250 | -0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €682 | €682 | = | 0.0% |
| Non-distributable reserves | 130/1 | €682 | €682 | = | 0.0% |
| Reserves not available under the articles | 1311 | €682 | €682 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,731 | -€48,981 | -€250 | -0.5% |
| Amounts payable | 17/49 | €35,155 | €35,655 | +€500 | +1.4% |
| Amounts payable within one year | 42/48 | €35,155 | €35,655 | +€500 | +1.4% |
| Trade debts | 44 | €14,711 | €14,711 | = | 0.0% |
| Suppliers | 440/4 | €14,711 | €14,711 | = | 0.0% |
| Other amounts payable | 47/48 | €20,444 | €20,944 | +€500 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €0 | = | |
| Other operating charges | 640/8 | €85 | - | -€85 | |
| Gross operating margin | 9900 | - | -€205 | -€205 | |
| Operating profit (loss) | 9901 | -€85 | -€205 | -€120 | -141.9% |
| Financial charges | 65/66B | €95 | €45 | -€50 | -52.6% |
| Recurring financial charges | 65 | €95 | €45 | -€50 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | -€180 | -€250 | -€70 | -39.1% |
| Profit (loss) for the period | 9904 | -€180 | -€250 | -€70 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€180 | -€250 | -€70 | -39.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.