TORAPA: 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
TORAPA
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€261,597
2024 · -€289,176+€27,578
Equity
-€190,773
2024 · €70,824-€261,597
Cash
€413,041
2024 · €481,751-€68,710
Balance sheet total
€4.4m
2024 · €4.7m-€236,220
Largest movements
Assets
- Receivables within one year +€351,560
up €351,560 (+60.9%), from €577,422 to €928,982
of which Other amounts receivable: +€294,854
- Intangible fixed assets -€250,000
down €250,000 (-10.7%), from €2.3m to €2.1m
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Stocks and contracts -€122,620
down €122,620 (-12.3%), from €994,117 to €871,497
- Cash -€68,710
down €68,710 (-14.3%), from €481,751 to €413,041
mainly Debts after one year (-€592,429) and Receivables within one year (-€351,560)
Equity and liabilities
- Debts after one year -€592,429
down €592,429 (-25.5%), from €2.3m to €1.7m
- Current portion of long-term debt +€287,032
up €287,032 (+1,458%), from €19,682 to €306,715
- Profit (loss) carried forward -€261,597
down €261,597 (-90.5%), from -€289,176 to -€550,773
- Accrued charges and deferred income +€147,554
up €147,554 (+179%), from €82,603 to €230,156
- Trade debts +€107,261
up €107,261 (+5.8%), from €1.9m to €2.0m
Income statement
- Turnover +€8.9m
up €8.9m (+58.8%), from €15.1m to €23.9m
- Goods and materials +€6.8m
up €6.8m (+54.6%), from €12.4m to €19.2m
of which Purchases: +€5.7m
- Services and other goods +€792,700
up €792,700 (+83.3%), from €951,062 to €1.7m
- Other operating income -€463,196
down €463,196 (-90.0%), from €514,743 to €51,548
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
-€289,176
Turnover
+€8.9m
Other operating income
-€463,196
Goods and materials
-€6.8m
Services and other goods
-€792,700
Staff costs
-€139,093
Depreciation
-€99,047
Other operating charges
-€89,401
Other operating items
-€446,495
Financial income
+€8,039
Financial charges
-€24,431
Taxes
+€6
Result 2025
-€261,597
raises the resultlowers the resultnot broken down further in the accounts
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
+€30,847
Investment
+€205,840
Financing
-€305,397
Cash 2024
€481,751
From operations (derived)
+€30,847
Net result for the year
-€261,597
Depreciation
+€258,243
Stocks and contracts
+€122,620
Receivables within one year
-€351,560
Deferred charges and accrued income
-€67,633
Trade debts
+€107,261
Tax, wage and social debts
+€73,019
Other debts
+€2,939
Accrued charges and deferred income
+€147,554
Investment (derived)
+€205,840
Investment in fixed assets (net)
-€44,160
Current investments
+€250,000
Financing
-€305,397
Debts after one year
-€592,429
Current portion of long-term debt
+€287,032
Cash 2025
€413,041
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,672,587 | €4,436,366 | -€236,220 | -5.1% |
| Fixed assets | 21/28 | €2,360,212 | €2,146,129 | -€214,083 | -9.1% |
| Intangible fixed assets | 21 | €2,343,065 | €2,093,065 | -€250,000 | -10.7% |
| Tangible fixed assets | 22/27 | €17,147 | €53,065 | +€35,917 | +209% |
| Plant, machinery and equipment | 23 | €7,500 | €11,690 | +€4,190 | +55.9% |
| Other tangible fixed assets | 26 | €9,647 | €41,375 | +€31,728 | +329% |
| Current assets | 29/58 | €2,312,374 | €2,290,237 | -€22,138 | -1.0% |
| Stocks and contracts in progress | 3 | €994,117 | €871,497 | -€122,620 | -12.3% |
| Stocks | 30/36 | €994,117 | €871,497 | -€122,620 | -12.3% |
| Goods purchased for resale | 34 | €994,117 | €871,497 | -€122,620 | -12.3% |
| Amounts receivable within one year | 40/41 | €577,422 | €928,982 | +€351,560 | +60.9% |
| Trade receivables | 40 | €69,309 | €126,015 | +€56,706 | +81.8% |
| Other amounts receivable | 41 | €508,114 | €802,967 | +€294,854 | +58.0% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Other investments | 51/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €481,751 | €413,041 | -€68,710 | -14.3% |
| Deferred charges and accrued income | 490/1 | €9,084 | €76,717 | +€67,633 | +745% |
| Total equity and liabilities | 10/49 | €4,672,587 | €4,436,366 | -€236,220 | -5.1% |
| Equity | 10/15 | €70,824 | -€190,773 | -€261,597 | |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€289,176 | -€550,773 | -€261,597 | -90.5% |
| Amounts payable | 17/49 | €4,601,762 | €4,627,139 | +€25,377 | +0.6% |
| Amounts payable after more than one year | 17 | €2,319,412 | €1,726,983 | -€592,429 | -25.5% |
| Financial debts | 170/4 | €2,319,412 | €1,726,983 | -€592,429 | -25.5% |
| Credit institutions | 173 | €119,412 | €98,411 | -€21,001 | -17.6% |
| Other loans | 174 | €2,200,000 | €1,628,571 | -€571,429 | -26.0% |
| Amounts payable within one year | 42/48 | €2,199,748 | €2,670,000 | +€470,252 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €19,682 | €306,715 | +€287,032 | +1,458% |
| Trade debts | 44 | €1,854,664 | €1,961,925 | +€107,261 | +5.8% |
| Suppliers | 440/4 | €1,854,664 | €1,961,925 | +€107,261 | +5.8% |
| Taxes, remuneration and social security | 45 | €325,402 | €398,421 | +€73,019 | +22.4% |
| Taxes | 450/3 | €25,263 | €53,167 | +€27,904 | +110% |
| Remuneration and social security | 454/9 | €300,138 | €345,254 | +€45,116 | +15.0% |
| Other amounts payable | 47/48 | - | €2,939 | +€2,939 | |
| Accrued charges and deferred income | 492/3 | €82,603 | €230,156 | +€147,554 | +179% |
| Operating income | 70/76A | €16,096,036 | €24,046,397 | +€8.0m | +49.4% |
| Turnover | 70 | €15,062,938 | €23,922,989 | +€8.9m | +58.8% |
| Other operating income | 74 | €514,743 | €51,548 | -€463,196 | -90.0% |
| Non-recurring operating income | 76A | €518,355 | €71,860 | -€446,495 | -86.1% |
| Operating charges | 60/66A | €16,247,780 | €24,154,176 | +€7.9m | +48.7% |
| Goods for resale, raw materials and consumables | 60 | €12,422,712 | €19,208,867 | +€6.8m | +54.6% |
| Purchases | 600/8 | €13,416,829 | €19,086,247 | +€5.7m | +42.3% |
| Change in stocks: decrease (increase) | 609 | -€994,117 | €122,620 | +€1.1m | |
| Services and other goods | 61 | €951,062 | €1,743,762 | +€792,700 | +83.3% |
| Remuneration, social security and pensions | 62 | €2,703,572 | €2,842,665 | +€139,093 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,196 | €258,243 | +€99,047 | +62.2% |
| Other operating charges | 640/8 | €11,238 | €100,639 | +€89,401 | +796% |
| Operating profit (loss) | 9901 | -€151,743 | -€107,779 | +€43,964 | +29.0% |
| Financial income | 75/76B | €2,232 | €10,271 | +€8,039 | +360% |
| Recurring financial income | 75 | €2,232 | €10,271 | +€8,039 | +360% |
| Income from current assets | 751 | - | €9,837 | +€9,837 | |
| Other financial income | 752/9 | €2,232 | €433 | -€1,798 | -80.6% |
| Financial charges | 65/66B | €139,411 | €163,843 | +€24,431 | +17.5% |
| Recurring financial charges | 65 | €139,411 | €163,843 | +€24,431 | +17.5% |
| Debt charges | 650 | €35,521 | €54,428 | +€18,908 | +53.2% |
| Other financial charges | 652/9 | €103,891 | €109,414 | +€5,524 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€288,923 | -€261,351 | +€27,572 | +9.5% |
| Income taxes | 67/77 | €253 | €246 | -€6 | -2.5% |
| Taxes | 670/3 | €253 | €246 | -€6 | -2.5% |
| Profit (loss) for the period | 9904 | -€289,176 | -€261,597 | +€27,578 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€289,176 | -€261,597 | +€27,578 | +9.5% |
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 28 October 2026 via checked.be.