TOP CONCEPT LIEGE: 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.
TOP CONCEPT LIEGE
Largest movements
- Cash +€8,887
up €8,887 (+152%), from €5,830 to €14,716
mainly Trade debts (+€26,475) and Receivables within one year (+€812)
- Stocks and contracts +€2,972
new in 2025: €2,972
- Receivables within one year -€812
down €812 (-95.2%), from €852 to €40
- Intangible fixed assets -€516
no longer reported in 2025 (was €516)
- Trade debts +€26,475
up €26,475 (+1,814%), from €1,459 to €27,934
- Profit (loss) carried forward -€8,739
down €8,739 (-60.4%), from -€14,463 to -€23,202
- Other debts -€4,428
down €4,428 (-35.6%), from €12,445 to €8,017
- Tax, wage and social debts -€2,778
down €2,778 (-91.2%), from €3,046 to €269
of which Remuneration and social security: -€3,046
- Staff costs -€41,082
down €41,082 (-84.4%), from €48,681 to €7,599
- Gross operating margin -€35,379
down €35,379, from €35,179 to -€200
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 | €7,487 | €18,017 | +€10,530 | +141% |
| Fixed assets | 21/28 | €805 | €289 | -€516 | -64.1% |
| Intangible fixed assets | 21 | €516 | - | -€516 | |
| Financial fixed assets | 28 | €289 | €289 | = | 0.0% |
| Current assets | 29/58 | €6,682 | €17,728 | +€11,046 | +165% |
| Stocks and contracts in progress | 3 | - | €2,972 | +€2,972 | |
| Stocks | 30/36 | - | €2,972 | +€2,972 | |
| Amounts receivable within one year | 40/41 | €852 | €40 | -€812 | -95.2% |
| Other amounts receivable | 41 | €852 | €40 | -€812 | -95.2% |
| Cash at bank and in hand | 54/58 | €5,830 | €14,716 | +€8,887 | +152% |
| Total equity and liabilities | 10/49 | €7,487 | €18,017 | +€10,530 | +141% |
| Equity | 10/15 | -€9,463 | -€18,202 | -€8,739 | -92.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,463 | -€23,202 | -€8,739 | -60.4% |
| Amounts payable | 17/49 | €16,951 | €36,220 | +€19,269 | +114% |
| Amounts payable within one year | 42/48 | €16,951 | €36,220 | +€19,269 | +114% |
| Trade debts | 44 | €1,459 | €27,934 | +€26,475 | +1,814% |
| Suppliers | 440/4 | €1,459 | €27,934 | +€26,475 | +1,814% |
| Taxes, remuneration and social security | 45 | €3,046 | €269 | -€2,778 | -91.2% |
| Taxes | 450/3 | - | €269 | +€269 | |
| Remuneration and social security | 454/9 | €3,046 | - | -€3,046 | |
| Other amounts payable | 47/48 | €12,445 | €8,017 | -€4,428 | -35.6% |
| Remuneration, social security and pensions | 62 | €48,681 | €7,599 | -€41,082 | -84.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €508 | €516 | +€8 | +1.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €35,179 | -€200 | -€35,379 | |
| Operating profit (loss) | 9901 | -€14,397 | -€8,715 | +€5,682 | +39.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €67 | €24 | -€43 | -64.8% |
| Recurring financial charges | 65 | €67 | €24 | -€43 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,463 | -€8,739 | +€5,724 | +39.6% |
| Profit (loss) for the period | 9904 | -€14,463 | -€8,739 | +€5,724 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,463 | -€8,739 | +€5,724 | +39.6% |
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 19 October 2026 via checked.be.