TOP-JUMPS: 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-JUMPS
Largest movements
- Receivables within one year -€43,751
down €43,751 (-82.4%), from €53,079 to €9,327
of which Trade receivables: -€23,346
- Stocks and contracts -€27,917
down €27,917 (-7.7%), from €362,406 to €334,488
- Cash +€7,319
up €7,319 (+46.2%), from €15,858 to €23,177
mainly Receivables within one year (+€43,751) and Stocks and contracts (+€27,917)
- Tangible fixed assets -€5,953
down €5,953 (-13.8%), from €43,055 to €37,102
of which Plant, machinery and equipment: -€8,319
- Trade debts -€47,187
down €47,187 (-74.7%), from €63,147 to €15,960
- Debts after one year -€17,588
no longer reported in 2025 (was €17,588)
- Staff costs -€51,817
down €51,817 (-31.2%), from €166,108 to €114,291
- Gross operating margin +€30,895
up €30,895 (+32.9%), from €93,985 to €124,879
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 | €474,622 | €404,094 | -€70,528 | -14.9% |
| Fixed assets | 21/28 | €43,055 | €37,102 | -€5,953 | -13.8% |
| Tangible fixed assets | 22/27 | €43,055 | €37,102 | -€5,953 | -13.8% |
| Plant, machinery and equipment | 23 | €43,055 | €34,735 | -€8,319 | -19.3% |
| Furniture and vehicles | 24 | - | €2,366 | +€2,366 | |
| Current assets | 29/58 | €431,567 | €366,992 | -€64,575 | -15.0% |
| Stocks and contracts in progress | 3 | €362,406 | €334,488 | -€27,917 | -7.7% |
| Stocks | 30/36 | €362,406 | €334,488 | -€27,917 | -7.7% |
| Amounts receivable within one year | 40/41 | €53,079 | €9,327 | -€43,751 | -82.4% |
| Trade receivables | 40 | €32,673 | €9,327 | -€23,346 | -71.5% |
| Other amounts receivable | 41 | €20,405 | - | -€20,405 | |
| Cash at bank and in hand | 54/58 | €15,858 | €23,177 | +€7,319 | +46.2% |
| Deferred charges and accrued income | 490/1 | €225 | - | -€225 | |
| Total equity and liabilities | 10/49 | €474,622 | €404,094 | -€70,528 | -14.9% |
| Equity | 10/15 | €348,192 | €346,832 | -€1,361 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,610 | €25,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,750 | €23,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,982 | €302,622 | -€1,361 | -0.4% |
| Amounts payable | 17/49 | €126,430 | €57,262 | -€69,167 | -54.7% |
| Amounts payable after more than one year | 17 | €17,588 | - | -€17,588 | |
| Financial debts | 170/4 | €17,588 | - | -€17,588 | |
| Amounts payable within one year | 42/48 | €107,341 | €54,673 | -€52,669 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €20,152 | €17,588 | -€2,564 | -12.7% |
| Trade debts | 44 | €63,147 | €15,960 | -€47,187 | -74.7% |
| Suppliers | 440/4 | €63,147 | €15,960 | -€47,187 | -74.7% |
| Taxes, remuneration and social security | 45 | €23,593 | €20,675 | -€2,918 | -12.4% |
| Taxes | 450/3 | - | €7,369 | +€7,369 | |
| Remuneration and social security | 454/9 | €23,593 | €13,306 | -€10,287 | -43.6% |
| Other amounts payable | 47/48 | €450 | €450 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,589 | +€1,089 | +72.6% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €166,108 | €114,291 | -€51,817 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,724 | €5,953 | +€229 | +4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €436 | - | -€436 | |
| Other operating charges | 640/8 | €1,285 | €1,952 | +€668 | +52.0% |
| Non-recurring operating charges | 66A | €10,899 | - | -€10,899 | |
| Gross operating margin | 9900 | €93,985 | €124,879 | +€30,895 | +32.9% |
| Operating profit (loss) | 9901 | -€90,468 | €2,683 | +€93,151 | |
| Financial income | 75/76B | - | €501 | +€501 | |
| Recurring financial income | 75 | - | €501 | +€501 | |
| Financial charges | 65/66B | €3,737 | €3,582 | -€155 | -4.1% |
| Recurring financial charges | 65 | €3,737 | €3,582 | -€155 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | -€94,205 | -€398 | +€93,807 | +99.6% |
| Income taxes | 67/77 | - | €962 | +€962 | |
| Profit (loss) for the period | 9904 | -€94,205 | -€1,361 | +€92,844 | +98.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€94,205 | -€1,361 | +€92,844 | +98.6% |
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 13 October 2026 via checked.be.