3D TOPO: what changed
Two fiscal 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.
3D TOPO
Largest movements
- Tangible fixed assets -€109,083
down €109,083 (-40.8%), from €267,573 to €158,490
- Receivables within one year -€96,992
down €96,992 (-26.2%), from €370,486 to €273,494
of which Trade receivables: -€78,308
- Cash -€55,052
down €55,052 (-39.0%), from €141,014 to €85,962
mainly Other debts (-€151,743) and Contributions, distributions and other (-€76,558)
- Reserves +€276,577
up €276,577 (+4462.8%), from €6,197 to €282,774
of which Distributable reserves: +€277,500
- Profit (loss) carried forward -€272,941
down €272,941 (-100.0%), from €273,036 to €95
- Other debts -€151,743
no longer reported in 2024 (was €151,743)
- Tax, wage and social debts -€48,747
down €48,747 (-34.4%), from €141,788 to €93,041
of which Taxes: -€45,942
- Debts after one year -€31,104
down €31,104 (-48.0%), from €64,796 to €33,692
- Gross operating margin -€130,320
down €130,320 (-18.7%), from €695,236 to €564,917
- Taxes -€20,630
down €20,630 (-45.0%), from €45,832 to €25,203
- Depreciation -€19,149
down €19,149 (-21.3%), from €89,916 to €70,767
- Staff costs -€17,872
down €17,872 (-4.4%), from €408,557 to €390,685
- Write-downs -€15,390
no longer reported in 2024 (was €15,390)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €788,185 | €531,672 | -€256,513 | -32.5% |
| Fixed assets | 21/28 | €269,548 | €159,340 | -€110,208 | -40.9% |
| Intangible fixed assets | 21 | €1,803 | €678 | -€1,125 | -62.4% |
| Tangible fixed assets | 22/27 | €267,573 | €158,490 | -€109,083 | -40.8% |
| Land and buildings | 22 | €32,108 | - | -€32,108 | |
| Plant, machinery and equipment | 23 | €93,502 | €54,517 | -€38,985 | -41.7% |
| Furniture and vehicles | 24 | €141,964 | €102,990 | -€38,974 | -27.5% |
| Other tangible fixed assets | 26 | - | €983 | +€983 | |
| Financial fixed assets | 28 | €172 | €172 | = | 0.0% |
| Current assets | 29/58 | €518,638 | €372,332 | -€146,305 | -28.2% |
| Amounts receivable within one year | 40/41 | €370,486 | €273,494 | -€96,992 | -26.2% |
| Trade receivables | 40 | €279,774 | €201,466 | -€78,308 | -28.0% |
| Other amounts receivable | 41 | €90,712 | €72,029 | -€18,684 | -20.6% |
| Cash at bank and in hand | 54/58 | €141,014 | €85,962 | -€55,052 | -39.0% |
| Deferred charges and accrued income | 490/1 | €7,138 | €12,876 | +€5,738 | +80.4% |
| Total equity and liabilities | 10/49 | €788,185 | €531,672 | -€256,513 | -32.5% |
| Equity | 10/15 | €341,206 | €336,056 | -€5,151 | -1.5% |
| Contributions | 10/11 | €61,973 | €53,187 | -€8,786 | -14.2% |
| Capital | 10 | €61,973 | €53,187 | -€8,786 | -14.2% |
| Issued capital | 100 | €61,973 | €53,187 | -€8,786 | -14.2% |
| Reserves | 13 | €6,197 | €282,774 | +€276,577 | +4462.8% |
| Non-distributable reserves | 130/1 | €6,197 | €5,274 | -€923 | -14.9% |
| Legal reserve | 130 | €6,197 | €5,274 | -€923 | -14.9% |
| Distributable reserves | 133 | - | €277,500 | +€277,500 | |
| Profit (loss) carried forward | 14 | €273,036 | €95 | -€272,941 | -100.0% |
| Amounts payable | 17/49 | €446,979 | €195,616 | -€251,362 | -56.2% |
| Amounts payable after more than one year | 17 | €64,796 | €33,692 | -€31,104 | -48.0% |
| Financial debts | 170/4 | €64,796 | €33,692 | -€31,104 | -48.0% |
| Amounts payable within one year | 42/48 | €382,183 | €161,925 | -€220,258 | -57.6% |
| Current portion of amounts payable after more than one year | 42 | €34,720 | €31,104 | -€3,616 | -10.4% |
| Financial debts | 43 | €25,000 | €7,500 | -€17,500 | -70.0% |
| Credit institutions | 430/8 | €25,000 | €7,500 | -€17,500 | -70.0% |
| Trade debts | 44 | €28,932 | €25,840 | -€3,092 | -10.7% |
| Suppliers | 440/4 | €28,932 | €25,840 | -€3,092 | -10.7% |
| Advances received on contracts in progress | 46 | - | €4,440 | +€4,440 | |
| Taxes, remuneration and social security | 45 | €141,788 | €93,041 | -€48,747 | -34.4% |
| Taxes | 450/3 | €89,284 | €43,343 | -€45,942 | -51.5% |
| Remuneration and social security | 454/9 | €52,504 | €49,698 | -€2,806 | -5.3% |
| Other amounts payable | 47/48 | €151,743 | - | -€151,743 | |
| Non-recurring operating income | 76A | - | €7,200 | +€7,200 | |
| Remuneration, social security and pensions | 62 | €408,557 | €390,685 | -€17,872 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,916 | €70,767 | -€19,149 | -21.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,390 | - | -€15,390 | |
| Other operating charges | 640/8 | €2,988 | €6,530 | +€3,542 | +118.5% |
| Non-recurring operating charges | 66A | €1,445 | - | -€1,445 | |
| Gross operating margin | 9900 | €695,236 | €564,917 | -€130,320 | -18.7% |
| Operating profit (loss) | 9901 | €176,940 | €96,934 | -€80,006 | -45.2% |
| Financial income | 75/76B | €5,000 | €4,697 | -€302 | -6.0% |
| Recurring financial income | 75 | €1,814 | €4,697 | +€2,883 | +159.0% |
| Non-recurring financial income | 76B | €3,186 | - | -€3,186 | |
| Financial charges | 65/66B | €8,865 | €5,022 | -€3,843 | -43.4% |
| Recurring financial charges | 65 | €5,083 | €5,022 | -€61 | -1.2% |
| Non-recurring financial charges | 66B | €3,782 | - | -€3,782 | |
| Profit (loss) for the period before taxes | 9903 | €173,075 | €96,610 | -€76,465 | -44.2% |
| Income taxes | 67/77 | €45,832 | €25,203 | -€20,630 | -45.0% |
| Profit (loss) for the period | 9904 | €127,243 | €71,407 | -€55,836 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €127,243 | €71,407 | -€55,836 | -43.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.