TORO TRANS: 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.
TORO TRANS
Largest movements
- Tangible fixed assets -€50,418
down €50,418 (-16.5%), from €304,737 to €254,319
of which Leasing and similar rights: -€29,925
- Receivables within one year +€13,418
up €13,418 (+57.2%), from €23,448 to €36,865
of which Trade receivables: +€9,993
- Debts after one year -€49,935
down €49,935 (-32.6%), from €153,167 to €103,231
- Reserves +€12,984
up €12,984 (+9.9%), from €131,491 to €144,476
- Accrued charges and deferred income +€7,460
up €7,460 (+373.0%), from €2,000 to €9,460
- Gross operating margin +€27,523
up €27,523 (+52.0%), from €52,901 to €80,424
- Depreciation +€19,119
up €19,119 (+61.1%), from €31,298 to €50,418
- Financial charges +€3,932
up €3,932 (+79.7%), from €4,931 to €8,863
- Other operating charges +€3,404
up €3,404 (+155.7%), from €2,186 to €5,590
- Taxes +€2,568
new in 2025: €2,568
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 | €372,827 | €339,331 | -€33,496 | -9.0% |
| Fixed assets | 21/28 | €304,737 | €254,319 | -€50,418 | -16.5% |
| Tangible fixed assets | 22/27 | €304,737 | €254,319 | -€50,418 | -16.5% |
| Land and buildings | 22 | €52,472 | €48,357 | -€4,115 | -7.8% |
| Plant, machinery and equipment | 23 | €2,665 | €1,804 | -€862 | -32.3% |
| Furniture and vehicles | 24 | €79,680 | €64,163 | -€15,517 | -19.5% |
| Leasing and similar rights | 25 | €169,920 | €139,995 | -€29,925 | -17.6% |
| Current assets | 29/58 | €68,090 | €85,012 | +€16,922 | +24.9% |
| Amounts receivable within one year | 40/41 | €23,448 | €36,865 | +€13,418 | +57.2% |
| Trade receivables | 40 | €17,440 | €27,434 | +€9,993 | +57.3% |
| Other amounts receivable | 41 | €6,007 | €9,432 | +€3,424 | +57.0% |
| Cash at bank and in hand | 54/58 | €43,627 | €47,111 | +€3,484 | +8.0% |
| Deferred charges and accrued income | 490/1 | €1,015 | €1,036 | +€21 | +2.0% |
| Total equity and liabilities | 10/49 | €372,827 | €339,331 | -€33,496 | -9.0% |
| Equity | 10/15 | €137,691 | €150,676 | +€12,984 | +9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €131,491 | €144,476 | +€12,984 | +9.9% |
| Distributable reserves | 133 | €131,491 | €144,476 | +€12,984 | +9.9% |
| Amounts payable | 17/49 | €235,136 | €188,656 | -€46,480 | -19.8% |
| Amounts payable after more than one year | 17 | €153,167 | €103,231 | -€49,935 | -32.6% |
| Financial debts | 170/4 | €153,167 | €103,231 | -€49,935 | -32.6% |
| Amounts payable within one year | 42/48 | €79,969 | €75,965 | -€4,004 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €49,828 | €51,238 | +€1,410 | +2.8% |
| Trade debts | 44 | €8,624 | €6,985 | -€1,639 | -19.0% |
| Suppliers | 440/4 | €8,624 | €6,985 | -€1,639 | -19.0% |
| Taxes, remuneration and social security | 45 | €6,888 | €6,650 | -€239 | -3.5% |
| Taxes | 450/3 | €4,438 | €5,800 | +€1,361 | +30.7% |
| Remuneration and social security | 454/9 | €2,450 | €850 | -€1,600 | -65.3% |
| Other amounts payable | 47/48 | €14,629 | €11,093 | -€3,536 | -24.2% |
| Accrued charges and deferred income | 492/3 | €2,000 | €9,460 | +€7,460 | +373.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,298 | €50,418 | +€19,119 | +61.1% |
| Other operating charges | 640/8 | €2,186 | €5,590 | +€3,404 | +155.7% |
| Non-recurring operating charges | 66A | €29,747 | - | -€29,747 | |
| Gross operating margin | 9900 | €52,901 | €80,424 | +€27,523 | +52.0% |
| Operating profit (loss) | 9901 | -€10,331 | €24,415 | +€34,746 | |
| Financial charges | 65/66B | €4,931 | €8,863 | +€3,932 | +79.7% |
| Recurring financial charges | 65 | €4,931 | €8,863 | +€3,932 | +79.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,262 | €15,552 | +€30,814 | |
| Income taxes | 67/77 | - | €2,568 | +€2,568 | |
| Profit (loss) for the period | 9904 | -€15,262 | €12,984 | +€28,246 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,262 | €12,984 | +€28,246 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.