TOP GREEN: 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 GREEN
Largest movements
- Receivables within one year -€71,142
down €71,142 (-5.1%), from €1.4m to €1.3m
of which Other amounts receivable: -€71,142
- Accrued charges and deferred income -€125,959
down €125,959 (-70.6%), from €178,365 to €52,406
- Debts after one year -€113,946
down €113,946 (-45.9%), from €248,259 to €134,312
- Tax, wage and social debts +€88,787
up €88,787 (+10,613%), from €837 to €89,624
of which Taxes: +€88,787
- Other debts +€84,869
up €84,869 (+3.4%), from €2.5m to €2.6m
- Financial charges -€62,040
down €62,040 (-46.8%), from €132,562 to €70,521
- Taxes +€31,751
up €31,751, from -€6,452 to €25,299
- Financial income -€7,697
down €7,697 (-19.5%), from €39,513 to €31,817
- Gross operating margin +€3,448
up €3,448 (+3.1%), from €112,110 to €115,558
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 | €6,238,100 | €6,166,218 | -€71,882 | -1.2% |
| Fixed assets | 21/28 | €4,842,563 | €4,842,200 | -€363 | 0.0% |
| Financial fixed assets | 28 | €4,842,563 | €4,842,200 | -€363 | 0.0% |
| Current assets | 29/58 | €1,395,537 | €1,324,018 | -€71,519 | -5.1% |
| Amounts receivable within one year | 40/41 | €1,391,467 | €1,320,325 | -€71,142 | -5.1% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,381,467 | €1,310,325 | -€71,142 | -5.1% |
| Cash at bank and in hand | 54/58 | €4,070 | €3,693 | -€377 | -9.3% |
| Total equity and liabilities | 10/49 | €6,238,100 | €6,166,218 | -€71,882 | -1.2% |
| Equity | 10/15 | €3,138,063 | €3,180,666 | +€42,603 | +1.4% |
| Contributions | 10/11 | €2,951,973 | €2,951,973 | = | 0.0% |
| Capital | 10 | €2,951,973 | €2,951,973 | = | 0.0% |
| Issued capital | 100 | €2,951,973 | €2,951,973 | = | 0.0% |
| Reserves | 13 | €186,089 | €228,692 | +€42,603 | +22.9% |
| Non-distributable reserves | 130/1 | €11,910 | €14,191 | +€2,281 | +19.2% |
| Legal reserve | 130 | €11,910 | €14,191 | +€2,281 | +19.2% |
| Tax-exempt reserves | 132 | €12,063 | €12,063 | = | 0.0% |
| Distributable reserves | 133 | €162,116 | €202,438 | +€40,322 | +24.9% |
| Amounts payable | 17/49 | €3,100,038 | €2,985,553 | -€114,485 | -3.7% |
| Amounts payable after more than one year | 17 | €248,259 | €134,312 | -€113,946 | -45.9% |
| Financial debts | 170/4 | €248,259 | €134,312 | -€113,946 | -45.9% |
| Amounts payable within one year | 42/48 | €2,673,414 | €2,798,835 | +€125,420 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €122,227 | €123,393 | +€1,166 | +1.0% |
| Trade debts | 44 | €1,292 | €290 | -€1,001 | -77.5% |
| Suppliers | 440/4 | €1,292 | €290 | -€1,001 | -77.5% |
| Advances received on contracts in progress | 46 | €48,400 | €0 | -€48,400 | -100% |
| Taxes, remuneration and social security | 45 | €837 | €89,624 | +€88,787 | +10,613% |
| Taxes | 450/3 | €837 | €89,624 | +€88,787 | +10,613% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,500,659 | €2,585,527 | +€84,869 | +3.4% |
| Accrued charges and deferred income | 492/3 | €178,365 | €52,406 | -€125,959 | -70.6% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €112,110 | €115,558 | +€3,448 | +3.1% |
| Operating profit (loss) | 9901 | €111,143 | €114,560 | +€3,417 | +3.1% |
| Financial income | 75/76B | €39,513 | €31,817 | -€7,697 | -19.5% |
| Recurring financial income | 75 | €39,513 | €31,817 | -€7,697 | -19.5% |
| Financial charges | 65/66B | €132,562 | €70,521 | -€62,040 | -46.8% |
| Recurring financial charges | 65 | €132,562 | €70,521 | -€62,040 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €18,094 | €75,855 | +€57,761 | +319% |
| Income taxes | 67/77 | -€6,452 | €25,299 | +€31,751 | |
| Profit (loss) for the period | 9904 | €24,546 | €50,556 | +€26,009 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €24,546 | €50,556 | +€26,009 | +106% |
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 16 October 2026 via checked.be.