TIP - TOP: 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.
TIP - TOP
Largest movements
- Cash -€571
down €571 (-15.2%), from €3,749 to €3,178
mainly Net result for the year (-€2,896)
- Reserves -€2,237
no longer reported in 2025 (was €2,237)
- Debts after one year +€1,508
up €1,508 (+24.0%), from €6,284 to €7,792
- Profit (loss) carried forward -€658
down €658 (-7.4%), from -€8,901 to -€9,559
- Accrued charges and deferred income +€400
up €400 (+50.0%), from €800 to €1,200
- Gross operating margin -€4,603
down €4,603, from €2,522 to -€2,082
- Taxes -€560
down €560 (-99.9%), from €560 to €1
- Other operating charges -€136
down €136 (-20.7%), from €656 to €520
- Depreciation -€50
down €50 (-25.4%), from €199 to €149
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 | €26,404 | €25,456 | -€948 | -3.6% |
| Fixed assets | 21/28 | €2,468 | €2,319 | -€149 | -6.0% |
| Tangible fixed assets | 22/27 | €168 | €19 | -€149 | -88.5% |
| Plant, machinery and equipment | 23 | €85 | - | -€85 | |
| Other tangible fixed assets | 26 | €83 | €19 | -€63 | -76.5% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €23,936 | €23,136 | -€800 | -3.3% |
| Amounts receivable within one year | 40/41 | €19,340 | €19,193 | -€147 | -0.8% |
| Trade receivables | 40 | €1,504 | €524 | -€979 | -65.1% |
| Other amounts receivable | 41 | €17,837 | €18,669 | +€832 | +4.7% |
| Cash at bank and in hand | 54/58 | €3,749 | €3,178 | -€571 | -15.2% |
| Deferred charges and accrued income | 490/1 | €846 | €765 | -€81 | -9.6% |
| Total equity and liabilities | 10/49 | €26,404 | €25,456 | -€948 | -3.6% |
| Equity | 10/15 | €17,929 | €15,033 | -€2,896 | -16.2% |
| Contributions | 10/11 | €24,592 | €24,592 | = | 0.0% |
| Reserves | 13 | €2,237 | - | -€2,237 | |
| Distributable reserves | 133 | €2,237 | - | -€2,237 | |
| Profit (loss) carried forward | 14 | -€8,901 | -€9,559 | -€658 | -7.4% |
| Amounts payable | 17/49 | €8,475 | €10,422 | +€1,947 | +23.0% |
| Amounts payable after more than one year | 17 | €6,284 | €7,792 | +€1,508 | +24.0% |
| Other amounts payable | 178/9 | €6,284 | €7,792 | +€1,508 | +24.0% |
| Amounts payable within one year | 42/48 | €1,391 | €1,431 | +€40 | +2.9% |
| Trade debts | 44 | €835 | €875 | +€40 | +4.8% |
| Suppliers | 440/4 | €835 | €875 | +€40 | +4.8% |
| Taxes, remuneration and social security | 45 | €556 | €556 | = | 0.0% |
| Taxes | 450/3 | €556 | €556 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €800 | €1,200 | +€400 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199 | €149 | -€50 | -25.4% |
| Other operating charges | 640/8 | €656 | €520 | -€136 | -20.7% |
| Non-recurring operating charges | 66A | - | €76 | +€76 | |
| Gross operating margin | 9900 | €2,522 | -€2,082 | -€4,603 | |
| Operating profit (loss) | 9901 | €1,667 | -€2,826 | -€4,493 | |
| Financial income | 75/76B | €13 | €2 | -€11 | -85.8% |
| Recurring financial income | 75 | €13 | €2 | -€11 | -85.8% |
| Financial charges | 65/66B | €63 | €71 | +€8 | +12.9% |
| Recurring financial charges | 65 | €63 | €71 | +€8 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €1,617 | -€2,895 | -€4,512 | |
| Income taxes | 67/77 | €560 | €1 | -€560 | -99.9% |
| Profit (loss) for the period | 9904 | €1,057 | -€2,896 | -€3,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,057 | -€2,896 | -€3,952 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.