TORUS: 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.
TORUS
Largest movements
- Tangible fixed assets +€1,749
new in 2025: €1,749
- Cash -€1,688
down €1,688 (-98.6%), from €1,711 to €24
mainly Net result for the year (-€21,794) and Investment in fixed assets (net) (-€2,235)
- Receivables within one year -€1,049
down €1,049 (-12.9%), from €8,143 to €7,093
of which Trade receivables: -€1,517
- Profit (loss) carried forward -€21,794
down €21,794 (-22.1%), from -€98,437 to -€120,231
- Other debts +€18,628
up €18,628 (+31.3%), from €59,448 to €78,075
- Trade debts +€2,360
up €2,360 (+33.2%), from €7,112 to €9,472
- Tax, wage and social debts -€181
down €181 (-49.7%), from €365 to €183
- Gross operating margin -€6,134
down €6,134 (-45.4%), from -€13,498 to -€19,632
- Other operating charges -€586
down €586 (-39.6%), from €1,481 to €895
- Taxes -€354
down €354 (-97.6%), from €362 to €9
- Depreciation +€352
up €352 (+262%), from €134 to €486
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,590 | €9,602 | -€988 | -9.3% |
| Fixed assets | 21/28 | €736 | €2,485 | +€1,749 | +238% |
| Tangible fixed assets | 22/27 | - | €1,749 | +€1,749 | |
| Furniture and vehicles | 24 | - | €1,749 | +€1,749 | |
| Financial fixed assets | 28 | €736 | €736 | = | 0.0% |
| Current assets | 29/58 | €9,854 | €7,117 | -€2,737 | -27.8% |
| Amounts receivable within one year | 40/41 | €8,143 | €7,093 | -€1,049 | -12.9% |
| Trade receivables | 40 | €4,566 | €3,049 | -€1,517 | -33.2% |
| Other amounts receivable | 41 | €3,577 | €4,044 | +€467 | +13.1% |
| Cash at bank and in hand | 54/58 | €1,711 | €24 | -€1,688 | -98.6% |
| Total equity and liabilities | 10/49 | €10,590 | €9,602 | -€988 | -9.3% |
| Equity | 10/15 | -€56,335 | -€78,129 | -€21,794 | -38.7% |
| Contributions | 10/11 | €40,987 | €40,987 | = | 0.0% |
| Reserves | 13 | €1,116 | €1,116 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,116 | €1,116 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,116 | €1,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,437 | -€120,231 | -€21,794 | -22.1% |
| Amounts payable | 17/49 | €66,924 | €87,730 | +€20,806 | +31.1% |
| Amounts payable within one year | 42/48 | €66,924 | €87,730 | +€20,806 | +31.1% |
| Trade debts | 44 | €7,112 | €9,472 | +€2,360 | +33.2% |
| Suppliers | 440/4 | €7,112 | €9,472 | +€2,360 | +33.2% |
| Taxes, remuneration and social security | 45 | €365 | €183 | -€181 | -49.7% |
| Taxes | 450/3 | €365 | €183 | -€181 | -49.7% |
| Other amounts payable | 47/48 | €59,448 | €78,075 | +€18,628 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134 | €486 | +€352 | +262% |
| Other operating charges | 640/8 | €1,481 | €895 | -€586 | -39.6% |
| Gross operating margin | 9900 | -€13,498 | -€19,632 | -€6,134 | -45.4% |
| Operating profit (loss) | 9901 | -€15,113 | -€21,013 | -€5,900 | -39.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €907 | €772 | -€135 | -14.9% |
| Recurring financial charges | 65 | €907 | €772 | -€135 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,020 | -€21,785 | -€5,766 | -36.0% |
| Income taxes | 67/77 | €362 | €9 | -€354 | -97.6% |
| Profit (loss) for the period | 9904 | -€16,382 | -€21,794 | -€5,412 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,382 | -€21,794 | -€5,412 | -33.0% |
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 15 October 2026 via checked.be.