TOP-AY: 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.
TOP-AY
Largest movements
- Receivables within one year -€4,196
down €4,196 (-87.4%), from €4,800 to €604
of which Trade receivables: -€4,800
- Cash -€3,424
down €3,424 (-18.0%), from €19,063 to €15,638
mainly Net result for the year (-€7,429) and Tax, wage and social debts (-€808)
- Profit (loss) carried forward -€7,429
down €7,429, from €4,332 to -€3,097
- Tax, wage and social debts -€808
no longer reported in 2025 (was €808)
of which Remuneration and social security: -€450
- Trade debts +€555
up €555 (+136.7%), from €406 to €961
- Gross operating margin -€7,305
down €7,305, from €541 to -€6,764
- Other operating charges +€435
new in 2025: €435
- Taxes -€201
down €201 (-75.0%), from €268 to €67
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 | €24,171 | €16,489 | -€7,682 | -31.8% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €24,121 | €16,439 | -€7,682 | -31.8% |
| Amounts receivable within one year | 40/41 | €4,800 | €604 | -€4,196 | -87.4% |
| Trade receivables | 40 | €4,800 | - | -€4,800 | |
| Other amounts receivable | 41 | - | €604 | +€604 | |
| Cash at bank and in hand | 54/58 | €19,063 | €15,638 | -€3,424 | -18.0% |
| Deferred charges and accrued income | 490/1 | €258 | €197 | -€62 | -23.8% |
| Total equity and liabilities | 10/49 | €24,171 | €16,489 | -€7,682 | -31.8% |
| Equity | 10/15 | €22,932 | €15,503 | -€7,429 | -32.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,332 | -€3,097 | -€7,429 | |
| Amounts payable | 17/49 | €1,239 | €986 | -€253 | -20.4% |
| Amounts payable within one year | 42/48 | €1,239 | €986 | -€253 | -20.4% |
| Trade debts | 44 | €406 | €961 | +€555 | +136.7% |
| Suppliers | 440/4 | €406 | €961 | +€555 | +136.7% |
| Taxes, remuneration and social security | 45 | €808 | - | -€808 | |
| Taxes | 450/3 | €358 | - | -€358 | |
| Remuneration and social security | 454/9 | €450 | - | -€450 | |
| Other amounts payable | 47/48 | €25 | €25 | = | 0.0% |
| Other operating charges | 640/8 | - | €435 | +€435 | |
| Gross operating margin | 9900 | €541 | -€6,764 | -€7,305 | |
| Operating profit (loss) | 9901 | €541 | -€7,198 | -€7,739 | |
| Financial charges | 65/66B | €228 | €163 | -€65 | -28.4% |
| Recurring financial charges | 65 | €228 | €163 | -€65 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €313 | -€7,362 | -€7,675 | |
| Income taxes | 67/77 | €268 | €67 | -€201 | -75.0% |
| Profit (loss) for the period | 9904 | €45 | -€7,429 | -€7,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €45 | -€7,429 | -€7,474 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.