Top Harvest: 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 Harvest
Largest movements
- Current investments +€274,307
up €274,307 (+122%), from €225,000 to €499,307
- Cash -€237,548
down €237,548 (-39.7%), from €598,289 to €360,741
mainly Current investments (-€274,307) and Contributions, distributions and other (-€130,000)
- Receivables within one year +€74,693
up €74,693 (+193%), from €38,697 to €113,390
of which Trade receivables: +€73,030
- Tangible fixed assets -€15,528
down €15,528 (-6.7%), from €232,938 to €217,410
of which Land and buildings: -€8,400
- Trade debts +€79,576
up €79,576 (+118%), from €67,346 to €146,922
- Other debts -€53,808
down €53,808 (-90.9%), from €59,202 to €5,394
- Advances received -€41,135
down €41,135 (-26.4%), from €156,008 to €114,873
- Accrued charges and deferred income +€37,949
up €37,949 (+49.8%), from €76,232 to €114,181
- Reserves +€35,888
up €35,888 (+6.9%), from €518,855 to €554,743
- Gross operating margin +€30,129
up €30,129 (+14.6%), from €206,870 to €236,998
- Financial income -€11,215
down €11,215 (-55.1%), from €20,347 to €9,132
- Taxes +€6,276
up €6,276 (+12.9%), from €48,762 to €55,038
- Financial charges -€5,412
down €5,412 (-52.0%), from €10,402 to €4,990
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 | €1,106,046 | €1,197,517 | +€91,472 | +8.3% |
| Fixed assets | 21/28 | €233,755 | €217,410 | -€16,344 | -7.0% |
| Intangible fixed assets | 21 | €817 | €0 | -€817 | -100% |
| Tangible fixed assets | 22/27 | €232,938 | €217,410 | -€15,528 | -6.7% |
| Land and buildings | 22 | €219,322 | €210,922 | -€8,400 | -3.8% |
| Plant, machinery and equipment | 23 | €1,773 | €913 | -€859 | -48.5% |
| Furniture and vehicles | 24 | €11,843 | €5,575 | -€6,269 | -52.9% |
| Current assets | 29/58 | €872,291 | €980,107 | +€107,816 | +12.4% |
| Amounts receivable within one year | 40/41 | €38,697 | €113,390 | +€74,693 | +193% |
| Trade receivables | 40 | €18,518 | €91,547 | +€73,030 | +394% |
| Other amounts receivable | 41 | €20,179 | €21,843 | +€1,664 | +8.2% |
| Current investments | 50/53 | €225,000 | €499,307 | +€274,307 | +122% |
| Cash at bank and in hand | 54/58 | €598,289 | €360,741 | -€237,548 | -39.7% |
| Deferred charges and accrued income | 490/1 | €10,305 | €6,668 | -€3,637 | -35.3% |
| Total equity and liabilities | 10/49 | €1,106,046 | €1,197,517 | +€91,472 | +8.3% |
| Equity | 10/15 | €537,455 | €573,343 | +€35,888 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €518,855 | €554,743 | +€35,888 | +6.9% |
| Distributable reserves | 133 | €518,855 | €554,743 | +€35,888 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €568,590 | €624,174 | +€55,584 | +9.8% |
| Amounts payable after more than one year | 17 | €149,275 | €134,109 | -€15,166 | -10.2% |
| Financial debts | 170/4 | €149,275 | €134,109 | -€15,166 | -10.2% |
| Amounts payable within one year | 42/48 | €343,083 | €375,884 | +€32,801 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €46,817 | €55,548 | +€8,732 | +18.7% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €67,346 | €146,922 | +€79,576 | +118% |
| Suppliers | 440/4 | €67,346 | €146,922 | +€79,576 | +118% |
| Advances received on contracts in progress | 46 | €156,008 | €114,873 | -€41,135 | -26.4% |
| Taxes, remuneration and social security | 45 | €13,711 | €28,147 | +€14,437 | +105% |
| Taxes | 450/3 | €13,711 | €28,147 | +€14,437 | +105% |
| Other amounts payable | 47/48 | €59,202 | €5,394 | -€53,808 | -90.9% |
| Accrued charges and deferred income | 492/3 | €76,232 | €114,181 | +€37,949 | +49.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | €379 | +€379 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,355 | €16,344 | -€1,010 | -5.8% |
| Other operating charges | 640/8 | €4,030 | €3,491 | -€538 | -13.4% |
| Gross operating margin | 9900 | €206,870 | €236,998 | +€30,129 | +14.6% |
| Operating profit (loss) | 9901 | €185,486 | €216,784 | +€31,298 | +16.9% |
| Financial income | 75/76B | €20,347 | €9,132 | -€11,215 | -55.1% |
| Recurring financial income | 75 | €20,347 | €9,132 | -€11,215 | -55.1% |
| Financial charges | 65/66B | €10,402 | €4,990 | -€5,412 | -52.0% |
| Recurring financial charges | 65 | €10,402 | €4,990 | -€5,412 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €195,430 | €220,926 | +€25,495 | +13.0% |
| Income taxes | 67/77 | €48,762 | €55,038 | +€6,276 | +12.9% |
| Profit (loss) for the period | 9904 | €146,669 | €165,888 | +€19,219 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €146,669 | €165,888 | +€19,219 | +13.1% |
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 29 October 2026 via checked.be.