TOP MB: 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 MB
Largest movements
- Receivables within one year +€11,711
up €11,711 (+414.3%), from €2,827 to €14,538
of which Trade receivables: +€11,160
- Tangible fixed assets +€4,269
new in 2025: €4,269
- Cash -€2,273
down €2,273 (-82.4%), from €2,758 to €485
mainly Receivables within one year (-€11,711) and Investment in fixed assets (net) (-€4,642)
- Deferred charges and accrued income +€577
new in 2025: €577
- Profit (loss) carried forward +€10,955
up €10,955 (+2306.3%), from €475 to €11,430
- Tax, wage and social debts +€2,707
up €2,707 (+2460.9%), from €110 to €2,817
- Trade debts +€622
new in 2025: €622
- Gross operating margin +€13,627
up €13,627 (+1519.2%), from €897 to €14,524
- Taxes +€2,597
up €2,597 (+2360.9%), from €110 to €2,707
- Depreciation +€373
new in 2025: €373
- Other operating charges +€161
up €161 (+41.6%), from €387 to €548
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.
Cash bridge derived
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 | €5,585 | €19,869 | +€14,284 | +255.8% |
| Fixed assets | 21/28 | - | €4,269 | +€4,269 | |
| Tangible fixed assets | 22/27 | - | €4,269 | +€4,269 | |
| Furniture and vehicles | 24 | - | €4,269 | +€4,269 | |
| Current assets | 29/58 | €5,585 | €15,600 | +€10,015 | +179.3% |
| Amounts receivable within one year | 40/41 | €2,827 | €14,538 | +€11,711 | +414.3% |
| Trade receivables | 40 | - | €11,160 | +€11,160 | |
| Other amounts receivable | 41 | €2,827 | €3,378 | +€551 | +19.5% |
| Cash at bank and in hand | 54/58 | €2,758 | €485 | -€2,273 | -82.4% |
| Deferred charges and accrued income | 490/1 | - | €577 | +€577 | |
| Total equity and liabilities | 10/49 | €5,585 | €19,869 | +€14,284 | +255.8% |
| Equity | 10/15 | €2,975 | €13,930 | +€10,955 | +368.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €475 | €11,430 | +€10,955 | +2306.3% |
| Amounts payable | 17/49 | €2,610 | €5,939 | +€3,329 | +127.5% |
| Amounts payable within one year | 42/48 | €2,610 | €5,939 | +€3,329 | +127.5% |
| Trade debts | 44 | - | €622 | +€622 | |
| Suppliers | 440/4 | - | €622 | +€622 | |
| Taxes, remuneration and social security | 45 | €110 | €2,817 | +€2,707 | +2460.9% |
| Taxes | 450/3 | €110 | €2,817 | +€2,707 | +2460.9% |
| Other amounts payable | 47/48 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €373 | +€373 | |
| Other operating charges | 640/8 | €387 | €548 | +€161 | +41.6% |
| Gross operating margin | 9900 | €897 | €14,524 | +€13,627 | +1519.2% |
| Operating profit (loss) | 9901 | €510 | €13,603 | +€13,093 | +2567.3% |
| Financial income | 75/76B | €75 | €136 | +€61 | +81.3% |
| Recurring financial income | 75 | €75 | €136 | +€61 | +81.3% |
| Financial charges | 65/66B | - | €77 | +€77 | |
| Recurring financial charges | 65 | - | €77 | +€77 | |
| Profit (loss) for the period before taxes | 9903 | €585 | €13,662 | +€13,077 | +2235.4% |
| Income taxes | 67/77 | €110 | €2,707 | +€2,597 | +2360.9% |
| Profit (loss) for the period | 9904 | €475 | €10,955 | +€10,480 | +2206.3% |
| Profit (loss) for the period to be appropriated | 9905 | €475 | €10,955 | +€10,480 | +2206.3% |
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 9 October 2026 via checked.be.