TOROMA: 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.
What changed
TOROMA
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€18,321
2024 · -€17,994-€328
Equity
€920,106
2024 · €938,428-€18,321
Cash
€32,102
2024 · €15,937+€16,165
Balance sheet total
€2.0m
2024 · €1.8m+€196,996
Largest movements
Assets
- Tangible fixed assets +€192,711
up €192,711 (+10.7%), from €1.8m to €2.0m
of which Land and buildings: +€197,291
Equity and liabilities
- Debts after one year +€226,594
up €226,594 (+31.3%), from €723,782 to €950,376
- Trade debts -€38,364
down €38,364 (-84.0%), from €45,656 to €7,292
- Accrued charges and deferred income +€28,832
up €28,832 (+79.4%), from €36,316 to €65,148
Income statement
- Financial charges +€10,181
up €10,181 (+51.7%), from €19,708 to €29,889
- Gross operating margin +€9,850
up €9,850 (+11.0%), from €89,668 to €99,517
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.
Result 2024
-€17,994
Gross operating margin
+€9,850
Depreciation
+€583
Other operating charges
-€576
Financial income
-€4
Financial charges
-€10,181
Taxes
+€1
Result 2025
-€18,321
raises the resultlowers the result
Derived cash bridge
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
+€56,652
Investment
-€267,081
Financing
+€226,594
Cash 2024
€15,937
From operations (derived)
+€56,652
Net result for the year
-€18,321
Depreciation
+€74,370
Receivables within one year
+€12,000
Deferred charges and accrued income
-€120
Provisions
-€1,745
Trade debts
-€38,364
Accrued charges and deferred income
+€28,832
Investment (derived)
-€267,081
Investment in fixed assets (net)
-€267,081
Financing
+€226,594
Debts after one year
+€226,594
Cash 2025
€32,102
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,846,147 | €2,043,144 | +€196,996 | +10.7% |
| Fixed assets | 21/28 | €1,809,123 | €2,001,834 | +€192,711 | +10.7% |
| Tangible fixed assets | 22/27 | €1,809,123 | €2,001,834 | +€192,711 | +10.7% |
| Land and buildings | 22 | €1,794,090 | €1,991,381 | +€197,291 | +11.0% |
| Plant, machinery and equipment | 23 | €132 | €52 | -€80 | -60.7% |
| Furniture and vehicles | 24 | €14,902 | €10,402 | -€4,500 | -30.2% |
| Current assets | 29/58 | €37,024 | €41,310 | +€4,286 | +11.6% |
| Amounts receivable within one year | 40/41 | €19,000 | €7,000 | -€12,000 | -63.2% |
| Other amounts receivable | 41 | €19,000 | €7,000 | -€12,000 | -63.2% |
| Cash at bank and in hand | 54/58 | €15,937 | €32,102 | +€16,165 | +101% |
| Deferred charges and accrued income | 490/1 | €2,088 | €2,208 | +€120 | +5.8% |
| Total equity and liabilities | 10/49 | €1,846,147 | €2,043,144 | +€196,996 | +10.7% |
| Equity | 10/15 | €938,428 | €920,106 | -€18,321 | -2.0% |
| Contributions | 10/11 | €387,345 | €387,345 | = | 0.0% |
| Reserves | 13 | €363,509 | €356,530 | -€6,979 | -1.9% |
| Non-distributable reserves | 130/1 | €21,535 | €21,535 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,535 | €21,535 | = | 0.0% |
| Tax-exempt reserves | 132 | €341,974 | €334,995 | -€6,979 | -2.0% |
| Profit (loss) carried forward | 14 | €187,573 | €176,231 | -€11,342 | -6.0% |
| Provisions and deferred taxes | 16 | €98,676 | €96,931 | -€1,745 | -1.8% |
| Provisions for liabilities and charges | 160/5 | €13,183 | €13,183 | = | 0.0% |
| Pensions and similar obligations | 160 | €13,183 | €13,183 | = | 0.0% |
| Deferred taxes | 168 | €85,493 | €83,749 | -€1,745 | -2.0% |
| Amounts payable | 17/49 | €809,044 | €1,026,106 | +€217,062 | +26.8% |
| Amounts payable after more than one year | 17 | €723,782 | €950,376 | +€226,594 | +31.3% |
| Financial debts | 170/4 | €723,782 | €950,376 | +€226,594 | +31.3% |
| Amounts payable within one year | 42/48 | €48,946 | €10,582 | -€38,364 | -78.4% |
| Trade debts | 44 | €45,656 | €7,292 | -€38,364 | -84.0% |
| Suppliers | 440/4 | €45,656 | €7,292 | -€38,364 | -84.0% |
| Other amounts payable | 47/48 | €3,290 | €3,290 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €36,316 | €65,148 | +€28,832 | +79.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,952 | €74,370 | -€583 | -0.8% |
| Other operating charges | 640/8 | €14,748 | €15,324 | +€576 | +3.9% |
| Gross operating margin | 9900 | €89,668 | €99,517 | +€9,850 | +11.0% |
| Operating profit (loss) | 9901 | -€32 | €9,823 | +€9,856 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €19,708 | €29,889 | +€10,181 | +51.7% |
| Recurring financial charges | 65 | €19,708 | €29,889 | +€10,181 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,737 | -€20,066 | -€329 | -1.7% |
| Transfer from deferred taxes | 780 | €1,745 | €1,745 | = | 0.0% |
| Income taxes | 67/77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | -€17,994 | -€18,321 | -€328 | -1.8% |
| Transfer from tax-exempt reserves | 789 | €6,979 | €6,979 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,014 | -€11,342 | -€328 | -3.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.