TOP JEANS: 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 JEANS
Largest movements
- Cash -€20,391
down €20,391 (-14.2%), from €143,976 to €123,585
mainly Contributions, distributions and other (-€38,264) and Stocks and contracts (-€4,751)
- Receivables within one year -€5,566
down €5,566 (-95.3%), from €5,842 to €276
of which Trade receivables: -€3,875
- Stocks and contracts +€4,751
up €4,751 (+18.8%), from €25,335 to €30,086
- Reserves -€15,781
down €15,781 (-10.1%), from €156,275 to €140,494
- Provisions -€4,500
no longer reported in 2025 (was €4,500)
- Financial income +€857
up €857 (+35.9%), from €2,386 to €3,242
- Depreciation +€813
up €813 (+86.9%), from €936 to €1,749
- Taxes +€567
up €567 (+5.1%), from €11,126 to €11,693
- Other operating charges -€479
down €479 (-24.5%), from €1,959 to €1,480
- Gross operating margin +€435
up €435 (+1.3%), from €34,011 to €34,445
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 | €180,663 | €160,428 | -€20,236 | -11.2% |
| Fixed assets | 21/28 | €4,025 | €4,276 | +€251 | +6.2% |
| Tangible fixed assets | 22/27 | €4,025 | €4,276 | +€251 | +6.2% |
| Land and buildings | 22 | €4,025 | €4,276 | +€251 | +6.2% |
| Current assets | 29/58 | €176,639 | €156,152 | -€20,487 | -11.6% |
| Stocks and contracts in progress | 3 | €25,335 | €30,086 | +€4,751 | +18.8% |
| Stocks | 30/36 | €25,335 | €30,086 | +€4,751 | +18.8% |
| Amounts receivable within one year | 40/41 | €5,842 | €276 | -€5,566 | -95.3% |
| Trade receivables | 40 | €4,151 | €276 | -€3,875 | -93.4% |
| Other amounts receivable | 41 | €1,691 | - | -€1,691 | |
| Cash at bank and in hand | 54/58 | €143,976 | €123,585 | -€20,391 | -14.2% |
| Deferred charges and accrued income | 490/1 | €1,486 | €2,205 | +€720 | +48.4% |
| Total equity and liabilities | 10/49 | €180,663 | €160,428 | -€20,236 | -11.2% |
| Equity | 10/15 | €159,867 | €144,086 | -€15,781 | -9.9% |
| Contributions | 10/11 | €3,592 | €3,592 | = | 0.0% |
| Reserves | 13 | €156,275 | €140,494 | -€15,781 | -10.1% |
| Distributable reserves | 133 | €156,275 | €140,494 | -€15,781 | -10.1% |
| Provisions and deferred taxes | 16 | €4,500 | - | -€4,500 | |
| Provisions for liabilities and charges | 160/5 | €4,500 | - | -€4,500 | |
| Taxes | 161 | €4,500 | - | -€4,500 | |
| Amounts payable | 17/49 | €16,296 | €16,341 | +€45 | +0.3% |
| Amounts payable within one year | 42/48 | €16,296 | €16,341 | +€45 | +0.3% |
| Trade debts | 44 | €9,878 | €10,071 | +€193 | +1.9% |
| Suppliers | 440/4 | €9,878 | €10,071 | +€193 | +1.9% |
| Advances received on contracts in progress | 46 | €1,376 | €128 | -€1,248 | -90.7% |
| Taxes, remuneration and social security | 45 | €4,947 | €4,330 | -€617 | -12.5% |
| Taxes | 450/3 | €4,947 | €4,330 | -€617 | -12.5% |
| Other amounts payable | 47/48 | €95 | €1,812 | +€1,717 | +1,807% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €936 | €1,749 | +€813 | +86.9% |
| Other operating charges | 640/8 | €1,959 | €1,480 | -€479 | -24.5% |
| Gross operating margin | 9900 | €34,011 | €34,445 | +€435 | +1.3% |
| Operating profit (loss) | 9901 | €31,116 | €31,216 | +€101 | +0.3% |
| Financial income | 75/76B | €2,386 | €3,242 | +€857 | +35.9% |
| Recurring financial income | 75 | €2,386 | €3,242 | +€857 | +35.9% |
| Financial charges | 65/66B | €410 | €283 | -€127 | -31.1% |
| Recurring financial charges | 65 | €410 | €283 | -€127 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €33,091 | €34,176 | +€1,085 | +3.3% |
| Income taxes | 67/77 | €11,126 | €11,693 | +€567 | +5.1% |
| Profit (loss) for the period | 9904 | €21,965 | €22,483 | +€518 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,965 | €22,483 | +€518 | +2.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.