TOP LIVING: what changed
TOP LIVING
Largest movements
- Cash -€40,925
down €40,925 (-28.5%), from €143,445 to €102,520
mainly Receivables within one year (-€23,864) and Trade debts (-€18,945)
- Receivables within one year +€23,864
up €23,864 (+23.1%), from €103,370 to €127,235
of which Trade receivables: +€29,389
- Stocks and contracts -€9,323
down €9,323 (-14.6%), from €63,976 to €54,653
- Deferred charges and accrued income -€3,622
down €3,622 (-97.8%), from €3,704 to €82
- Trade debts -€18,945
down €18,945 (-85.0%), from €22,300 to €3,355
- Other debts -€8,697
down €8,697 (-4.2%), from €207,002 to €198,304
- Advances received -€8,390
down €8,390 (-100%), from €8,390 to €0
- Reserves +€4,000
up €4,000 (+8.2%), from €48,538 to €52,538
of which Distributable reserves: +€4,000
- Gross operating margin -€318,741
down €318,741 (-97.4%), from €327,194 to €8,453
- Other operating charges -€20,426
down €20,426 (-94.0%), from €21,721 to €1,295
- Financial income -€3,807
down €3,807 (-85.9%), from €4,430 to €623
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €314,495 | €284,490 | -€30,006 | -9.5% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €314,495 | €284,490 | -€30,006 | -9.5% |
| Stocks and contracts in progress | 3 | €63,976 | €54,653 | -€9,323 | -14.6% |
| Stocks | 30/36 | €63,976 | €54,653 | -€9,323 | -14.6% |
| Amounts receivable within one year | 40/41 | €103,370 | €127,235 | +€23,864 | +23.1% |
| Trade receivables | 40 | €40,420 | €69,809 | +€29,389 | +72.7% |
| Other amounts receivable | 41 | €62,950 | €57,425 | -€5,524 | -8.8% |
| Cash at bank and in hand | 54/58 | €143,445 | €102,520 | -€40,925 | -28.5% |
| Deferred charges and accrued income | 490/1 | €3,704 | €82 | -€3,622 | -97.8% |
| Total equity and liabilities | 10/49 | €314,495 | €284,490 | -€30,006 | -9.5% |
| Equity | 10/15 | €72,537 | €77,580 | +€5,043 | +7.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €48,538 | €52,538 | +€4,000 | +8.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €46,679 | €50,679 | +€4,000 | +8.6% |
| Profit (loss) carried forward | 14 | €5,407 | €6,450 | +€1,043 | +19.3% |
| Amounts payable | 17/49 | €241,958 | €206,909 | -€35,049 | -14.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €241,958 | €206,909 | -€35,049 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €22,300 | €3,355 | -€18,945 | -85.0% |
| Suppliers | 440/4 | €22,300 | €3,355 | -€18,945 | -85.0% |
| Advances received on contracts in progress | 46 | €8,390 | €0 | -€8,390 | -100% |
| Taxes, remuneration and social security | 45 | €4,267 | €5,250 | +€984 | +23.1% |
| Taxes | 450/3 | €4,267 | €5,250 | +€984 | +23.1% |
| Other amounts payable | 47/48 | €207,002 | €198,304 | -€8,697 | -4.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €340,436 | €0 | -€340,436 | -100% |
| Other operating charges | 640/8 | €21,721 | €1,295 | -€20,426 | -94.0% |
| Gross operating margin | 9900 | €327,194 | €8,453 | -€318,741 | -97.4% |
| Operating profit (loss) | 9901 | €305,474 | €7,158 | -€298,316 | -97.7% |
| Financial income | 75/76B | €4,430 | €623 | -€3,807 | -85.9% |
| Recurring financial income | 75 | €4,430 | €623 | -€3,807 | -85.9% |
| Financial charges | 65/66B | €664 | €854 | +€191 | +28.7% |
| Recurring financial charges | 65 | €664 | €854 | +€191 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €309,240 | €6,927 | -€302,313 | -97.8% |
| Income taxes | 67/77 | €4,000 | €1,884 | -€2,116 | -52.9% |
| Profit (loss) for the period | 9904 | €305,240 | €5,043 | -€300,197 | -98.3% |
| Transfer from tax-exempt reserves | 789 | €6,416 | €0 | -€6,416 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €311,656 | €5,043 | -€306,613 | -98.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.