TOP EQUIPEMENT: 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 EQUIPEMENT
Largest movements
- Stocks and contracts +€303,641
up €303,641 (+117%), from €258,468 to €562,109
- Cash +€20,706
up €20,706 (+292%), from €7,099 to €27,805
mainly Debts after one year (+€234,609) and Current portion of long-term debt (+€58,741)
- Debts after one year +€234,609
new in 2025: €234,609
- Current portion of long-term debt +€58,741
new in 2025: €58,741
- Other debts +€15,473
up €15,473 (+8.5%), from €182,527 to €198,000
- Profit (loss) carried forward +€10,182
up €10,182 (+16.0%), from €63,535 to €73,716
- Gross operating margin +€41,873
up €41,873 (+380%), from €11,032 to €52,905
- Write-downs +€27,249
up €27,249 (+341%), from €8,000 to €35,249
- Taxes +€3,442
up €3,442 (+927%), from €372 to €3,814
- Financial charges +€3,078
up €3,078 (+4,461%), from €69 to €3,147
- Other operating charges -€1,062
down €1,062 (-67.4%), from €1,575 to €513
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 | €266,912 | €589,994 | +€323,082 | +121% |
| Fixed assets | 21/28 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €266,912 | €589,994 | +€323,082 | +121% |
| Stocks and contracts in progress | 3 | €258,468 | €562,109 | +€303,641 | +117% |
| Stocks | 30/36 | €258,468 | €562,109 | +€303,641 | +117% |
| Amounts receivable within one year | 40/41 | €1,345 | - | -€1,345 | |
| Other amounts receivable | 41 | €1,345 | - | -€1,345 | |
| Cash at bank and in hand | 54/58 | €7,099 | €27,805 | +€20,706 | +292% |
| Deferred charges and accrued income | 490/1 | - | €80 | +€80 | |
| Total equity and liabilities | 10/49 | €266,912 | €589,994 | +€323,082 | +121% |
| Equity | 10/15 | €83,995 | €94,176 | +€10,182 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,535 | €73,716 | +€10,182 | +16.0% |
| Amounts payable | 17/49 | €182,917 | €495,817 | +€312,900 | +171% |
| Amounts payable after more than one year | 17 | - | €234,609 | +€234,609 | |
| Financial debts | 170/4 | - | €234,609 | +€234,609 | |
| Amounts payable within one year | 42/48 | €182,917 | €261,209 | +€78,291 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | - | €58,741 | +€58,741 | |
| Trade debts | 44 | €19 | - | -€19 | |
| Suppliers | 440/4 | €19 | - | -€19 | |
| Taxes, remuneration and social security | 45 | €372 | €4,468 | +€4,096 | +1,103% |
| Taxes | 450/3 | €372 | €4,468 | +€4,096 | +1,103% |
| Other amounts payable | 47/48 | €182,527 | €198,000 | +€15,473 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,000 | €35,249 | +€27,249 | +341% |
| Other operating charges | 640/8 | €1,575 | €513 | -€1,062 | -67.4% |
| Gross operating margin | 9900 | €11,032 | €52,905 | +€41,873 | +380% |
| Operating profit (loss) | 9901 | €1,457 | €17,143 | +€15,686 | +1,077% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €69 | €3,147 | +€3,078 | +4,461% |
| Recurring financial charges | 65 | €69 | €3,147 | +€3,078 | +4,461% |
| Profit (loss) for the period before taxes | 9903 | €1,392 | €13,995 | +€12,603 | +905% |
| Income taxes | 67/77 | €372 | €3,814 | +€3,442 | +927% |
| Profit (loss) for the period | 9904 | €1,021 | €10,182 | +€9,161 | +898% |
| Profit (loss) for the period to be appropriated | 9905 | €1,021 | €10,182 | +€9,161 | +898% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.