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TOROCK: 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.

What changed

TOROCK

BE 0403.094.287
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,788
2024 · €9,959+€5,829
Equity
€84,132
2024 · €68,344+€15,788
Cash
€27,327
2024 · €56,143-€28,816
Balance sheet total
€100,633
2024 · €77,603+€23,030

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€50,434

    up €50,434 (+5267.1%), from €958 to €51,392

    of which Other amounts receivable: +€50,000

  • Cash -€28,816

    down €28,816 (-51.3%), from €56,143 to €27,327

    mainly Receivables within one year (-€50,434) and Deferred charges and accrued income (-€4,052)

  • Deferred charges and accrued income +€4,052

    up €4,052 (+997.2%), from €406 to €4,458

  • Tangible fixed assets -€2,640

    down €2,640 (-13.1%), from €20,096 to €17,456

Equity and liabilities
  • Profit (loss) carried forward +€15,788

    up €15,788 (+38.1%), from €41,469 to €57,257

  • Debts after one year +€4,800

    new in 2025: €4,800

  • Tax, wage and social debts +€2,200

    up €2,200 (+57.9%), from €3,800 to €6,000

Income statement
  • Gross operating margin +€6,226

    up €6,226 (+27.9%), from €22,324 to €28,550

  • Taxes +€1,905

    up €1,905 (+47.3%), from €4,028 to €5,933

  • Financial income +€1,740

    up €1,740 (+9164.9%), from €19 to €1,758

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €9,959
Gross operating margin +€6,226
Other operating charges -€131
Financial income +€1,740
Financial charges -€101
Taxes -€1,905
Result 2025 €15,788

Cash bridge derived

cash 2024 to 2025

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.

From operations -€33,616
Investment €0
Financing +€4,800
Cash 2024 €56,143
Net result for the year +€15,788
Depreciation +€2,640
Receivables within one year -€50,434
Deferred charges and accrued income -€4,052
Trade debts +€206
Tax, wage and social debts +€2,200
Accrued charges and deferred income +€36
Debts after one year +€4,800
Cash 2025 €27,327
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €77,603 €100,633 +€23,030 +29.7%
Fixed assets 21/28 €20,096 €17,456 -€2,640 -13.1%
Tangible fixed assets 22/27 €20,096 €17,456 -€2,640 -13.1%
Land and buildings 22 €20,096 €17,456 -€2,640 -13.1%
Current assets 29/58 €57,507 €83,178 +€25,671 +44.6%
Amounts receivable within one year 40/41 €958 €51,392 +€50,434 +5267.1%
Trade receivables 40 - €434 +€434
Other amounts receivable 41 €958 €50,958 +€50,000 +5221.8%
Cash at bank and in hand 54/58 €56,143 €27,327 -€28,816 -51.3%
Deferred charges and accrued income 490/1 €406 €4,458 +€4,052 +997.2%
Total equity and liabilities 10/49 €77,603 €100,633 +€23,030 +29.7%
Equity 10/15 €68,344 €84,132 +€15,788 +23.1%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €6,875 €6,875 = 0.0%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Tax-exempt reserves 132 €4,875 €4,875 = 0.0%
Profit (loss) carried forward 14 €41,469 €57,257 +€15,788 +38.1%
Amounts payable 17/49 €9,259 €16,501 +€7,242 +78.2%
Amounts payable after more than one year 17 - €4,800 +€4,800
Other amounts payable 178/9 - €4,800 +€4,800
Amounts payable within one year 42/48 €9,259 €11,665 +€2,406 +26.0%
Trade debts 44 €5,459 €5,665 +€206 +3.8%
Suppliers 440/4 €5,459 €5,665 +€206 +3.8%
Taxes, remuneration and social security 45 €3,800 €6,000 +€2,200 +57.9%
Taxes 450/3 €3,800 €6,000 +€2,200 +57.9%
Accrued charges and deferred income 492/3 - €36 +€36
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,640 €2,640 = 0.0%
Other operating charges 640/8 €5,459 €5,590 +€131 +2.4%
Gross operating margin 9900 €22,324 €28,550 +€6,226 +27.9%
Operating profit (loss) 9901 €14,225 €20,320 +€6,094 +42.8%
Financial income 75/76B €19 €1,758 +€1,740 +9164.9%
Recurring financial income 75 €19 €1,758 +€1,740 +9164.9%
Financial charges 65/66B €257 €357 +€101 +39.1%
Recurring financial charges 65 €257 €357 +€101 +39.1%
Profit (loss) for the period before taxes 9903 €13,987 €21,721 +€7,733 +55.3%
Income taxes 67/77 €4,028 €5,933 +€1,905 +47.3%
Profit (loss) for the period 9904 €9,959 €15,788 +€5,829 +58.5%
Profit (loss) for the period to be appropriated 9905 €9,959 €15,788 +€5,829 +58.5%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.