TORUS: what changed
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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.