TORQUENT: 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.
TORQUENT
Largest movements
- Cash -€63,228
down €63,228 (-81.5%), from €77,597 to €14,369
mainly Contributions, distributions and other (-€52,997) and Trade debts (-€44,253)
- Receivables within one year -€45,560
down €45,560 (-70.9%), from €64,280 to €18,720
of which Trade receivables: -€26,500
- Reserves -€52,997
down €52,997 (-75.4%), from €70,317 to €17,320
of which Distributable reserves: -€52,997
- Trade debts -€44,253
down €44,253 (-95.6%), from €46,312 to €2,059
- Profit (loss) carried forward -€7,922
down €7,922, from €2,941 to -€4,981
- Tax, wage and social debts -€3,617
down €3,617 (-96.3%), from €3,758 to €140
- Gross operating margin -€27,694
down €27,694, from €20,562 to -€7,133
- Taxes -€3,617
no longer reported in 2025 (was €3,617)
- Financial charges -€1,836
down €1,836 (-92.8%), from €1,978 to €142
- Other operating charges -€1,429
down €1,429 (-68.8%), from €2,076 to €647
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 | €141,877 | €33,089 | -€108,788 | -76.7% |
| Current assets | 29/58 | €141,877 | €33,089 | -€108,788 | -76.7% |
| Amounts receivable within one year | 40/41 | €64,280 | €18,720 | -€45,560 | -70.9% |
| Trade receivables | 40 | €42,586 | €16,086 | -€26,500 | -62.2% |
| Other amounts receivable | 41 | €21,694 | €2,634 | -€19,060 | -87.9% |
| Cash at bank and in hand | 54/58 | €77,597 | €14,369 | -€63,228 | -81.5% |
| Total equity and liabilities | 10/49 | €141,877 | €33,089 | -€108,788 | -76.7% |
| Equity | 10/15 | €91,808 | €30,889 | -€60,919 | -66.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €70,317 | €17,320 | -€52,997 | -75.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,436 | €6,436 | = | 0.0% |
| Distributable reserves | 133 | €62,021 | €9,025 | -€52,997 | -85.4% |
| Profit (loss) carried forward | 14 | €2,941 | -€4,981 | -€7,922 | |
| Amounts payable | 17/49 | €50,070 | €2,200 | -€47,870 | -95.6% |
| Amounts payable within one year | 42/48 | €50,070 | €2,200 | -€47,870 | -95.6% |
| Trade debts | 44 | €46,312 | €2,059 | -€44,253 | -95.6% |
| Suppliers | 440/4 | €46,312 | €2,059 | -€44,253 | -95.6% |
| Taxes, remuneration and social security | 45 | €3,758 | €140 | -€3,617 | -96.3% |
| Taxes | 450/3 | €3,758 | €140 | -€3,617 | -96.3% |
| Non-recurring operating income | 76A | €89,325 | - | -€89,325 | |
| Remuneration, social security and pensions | 62 | €157 | - | -€157 | |
| Other operating charges | 640/8 | €2,076 | €647 | -€1,429 | -68.8% |
| Non-recurring operating charges | 66A | €606 | - | -€606 | |
| Gross operating margin | 9900 | €20,562 | -€7,133 | -€27,694 | |
| Operating profit (loss) | 9901 | €17,723 | -€7,780 | -€25,503 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,978 | €142 | -€1,836 | -92.8% |
| Recurring financial charges | 65 | €1,978 | €142 | -€1,836 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €15,745 | -€7,922 | -€23,667 | |
| Income taxes | 67/77 | €3,617 | - | -€3,617 | |
| Profit (loss) for the period | 9904 | €12,128 | -€7,922 | -€20,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,128 | -€7,922 | -€20,050 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.