All Top-Reno: 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.
All Top-Reno
Largest movements
- Cash -€15,389
down €15,389 (-58.9%), from €26,133 to €10,744
mainly Net result for the year (-€97,488) and Investment in fixed assets (net) (-€500)
- Receivables within one year -€2,439
down €2,439 (-20.1%), from €12,134 to €9,695
of which Other amounts receivable: -€3,098
- Deferred charges and accrued income -€1,682
no longer reported in 2025 (was €1,682)
- Financial fixed assets +€500
new in 2025: €500
- Profit (loss) carried forward -€97,488
down €97,488, from €3,131 to -€94,358
- Trade debts +€51,886
up €51,886 (+235%), from €22,058 to €73,944
- Other debts +€16,814
up €16,814 (+499%), from €3,373 to €20,187
- Advances received +€4,962
new in 2025: €4,962
- Tax, wage and social debts +€4,495
up €4,495 (+35.0%), from €12,836 to €17,330
of which Remuneration and social security: +€8,195
- Staff costs +€177,463
up €177,463 (+2,607%), from €6,806 to €184,270
- Gross operating margin +€94,694
up €94,694, from -€2,980 to €91,714
- Financial charges +€3,270
up €3,270 (+252%), from €1,297 to €4,568
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 | €41,397 | €22,067 | -€19,331 | -46.7% |
| Fixed assets | 21/28 | €1,448 | €1,628 | +€180 | +12.4% |
| Tangible fixed assets | 22/27 | €1,448 | €1,128 | -€320 | -22.1% |
| Furniture and vehicles | 24 | €1,448 | €1,128 | -€320 | -22.1% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €39,949 | €20,439 | -€19,511 | -48.8% |
| Amounts receivable within one year | 40/41 | €12,134 | €9,695 | -€2,439 | -20.1% |
| Trade receivables | 40 | €6,965 | €7,625 | +€659 | +9.5% |
| Other amounts receivable | 41 | €5,169 | €2,070 | -€3,098 | -59.9% |
| Cash at bank and in hand | 54/58 | €26,133 | €10,744 | -€15,389 | -58.9% |
| Deferred charges and accrued income | 490/1 | €1,682 | - | -€1,682 | |
| Total equity and liabilities | 10/49 | €41,397 | €22,067 | -€19,331 | -46.7% |
| Equity | 10/15 | €3,131 | -€94,358 | -€97,488 | |
| Profit (loss) carried forward | 14 | €3,131 | -€94,358 | -€97,488 | |
| Amounts payable | 17/49 | €38,266 | €116,424 | +€78,158 | +204% |
| Amounts payable within one year | 42/48 | €38,266 | €116,424 | +€78,158 | +204% |
| Trade debts | 44 | €22,058 | €73,944 | +€51,886 | +235% |
| Suppliers | 440/4 | €22,058 | €73,944 | +€51,886 | +235% |
| Advances received on contracts in progress | 46 | - | €4,962 | +€4,962 | |
| Taxes, remuneration and social security | 45 | €12,836 | €17,330 | +€4,495 | +35.0% |
| Taxes | 450/3 | €3,700 | - | -€3,700 | |
| Remuneration and social security | 454/9 | €9,136 | €17,330 | +€8,195 | +89.7% |
| Other amounts payable | 47/48 | €3,373 | €20,187 | +€16,814 | +499% |
| Remuneration, social security and pensions | 62 | €6,806 | €184,270 | +€177,463 | +2,607% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €320 | +€168 | +110% |
| Other operating charges | 640/8 | €243 | €98 | -€145 | -59.7% |
| Gross operating margin | 9900 | -€2,980 | €91,714 | +€94,694 | |
| Operating profit (loss) | 9901 | -€10,182 | -€92,974 | -€82,792 | -813% |
| Financial income | 75/76B | €159 | €41 | -€117 | -74.1% |
| Recurring financial income | 75 | €159 | €41 | -€117 | -74.1% |
| Financial charges | 65/66B | €1,297 | €4,568 | +€3,270 | +252% |
| Recurring financial charges | 65 | €1,297 | €4,568 | +€3,270 | +252% |
| Profit (loss) for the period before taxes | 9903 | -€11,320 | -€97,500 | -€86,180 | -761% |
| Income taxes | 67/77 | - | -€12 | -€12 | |
| Profit (loss) for the period | 9904 | -€11,320 | -€97,488 | -€86,168 | -761% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,320 | -€97,488 | -€86,168 | -761% |
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 22 October 2026 via checked.be.