Torus Terra: 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 Terra
Largest movements
- Stocks and contracts +€1.2m
up €1.2m (+215.9%), from €570,000 to €1.8m
- Receivables within one year +€40,858
up €40,858 (+122.0%), from €33,500 to €74,358
of which Trade receivables: +€73,106
- Debts after one year +€595,000
up €595,000 (+110.7%), from €537,668 to €1.1m
- Short-term financial debts +€400,000
new in 2025: €400,000
- Other debts +€332,901
up €332,901 (+248.5%), from €133,949 to €466,850
- Profit (loss) carried forward -€129,877
down €129,877 (-160.2%), from -€81,060 to -€210,937
- Trade debts +€67,547
up €67,547 (+9918.8%), from €681 to €68,228
- Gross operating margin -€87,775
down €87,775 (-32270.2%), from -€272 to -€88,047
- Financial charges +€8,549
up €8,549 (+27.7%), from €30,822 to €39,371
- Other operating charges +€2,010
up €2,010 (+447.7%), from €449 to €2,459
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 | €611,238 | €1,876,809 | +€1.3m | +207.1% |
| Current assets | 29/58 | €611,238 | €1,876,809 | +€1.3m | +207.1% |
| Stocks and contracts in progress | 3 | €570,000 | €1,800,500 | +€1.2m | +215.9% |
| Stocks | 30/36 | €570,000 | €1,800,500 | +€1.2m | +215.9% |
| Amounts receivable within one year | 40/41 | €33,500 | €74,358 | +€40,858 | +122.0% |
| Trade receivables | 40 | - | €73,106 | +€73,106 | |
| Other amounts receivable | 41 | €33,500 | €1,252 | -€32,248 | -96.3% |
| Cash at bank and in hand | 54/58 | €7,738 | €1,951 | -€5,787 | -74.8% |
| Total equity and liabilities | 10/49 | €611,238 | €1,876,809 | +€1.3m | +207.1% |
| Equity | 10/15 | -€61,060 | -€190,937 | -€129,877 | -212.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,060 | -€210,937 | -€129,877 | -160.2% |
| Amounts payable | 17/49 | €672,298 | €2,067,746 | +€1.4m | +207.6% |
| Amounts payable after more than one year | 17 | €537,668 | €1,132,668 | +€595,000 | +110.7% |
| Financial debts | 170/4 | €537,668 | €1,132,668 | +€595,000 | +110.7% |
| Amounts payable within one year | 42/48 | €134,630 | €935,078 | +€800,448 | +594.6% |
| Financial debts | 43 | - | €400,000 | +€400,000 | |
| Credit institutions | 430/8 | - | €400,000 | +€400,000 | |
| Trade debts | 44 | €681 | €68,228 | +€67,547 | +9918.8% |
| Suppliers | 440/4 | €681 | €68,228 | +€67,547 | +9918.8% |
| Other amounts payable | 47/48 | €133,949 | €466,850 | +€332,901 | +248.5% |
| Other operating charges | 640/8 | €449 | €2,459 | +€2,010 | +447.7% |
| Gross operating margin | 9900 | -€272 | -€88,047 | -€87,775 | -32270.2% |
| Operating profit (loss) | 9901 | -€721 | -€90,506 | -€89,785 | -12452.8% |
| Financial charges | 65/66B | €30,822 | €39,371 | +€8,549 | +27.7% |
| Recurring financial charges | 65 | €30,822 | €39,371 | +€8,549 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | -€31,543 | -€129,877 | -€98,334 | -311.7% |
| Profit (loss) for the period | 9904 | -€31,543 | -€129,877 | -€98,334 | -311.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,543 | -€129,877 | -€98,334 | -311.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.