TOP MEN: 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 MEN
Largest movements
- Tangible fixed assets -€9,037
down €9,037 (-94.3%), from €9,579 to €542
of which Furniture and vehicles: -€8,375
- Cash -€2,743
down €2,743 (-57.4%), from €4,779 to €2,036
mainly Other debts (-€17,583) and Trade debts (-€804)
- Receivables within one year -€1,568
down €1,568 (-5.1%), from €30,695 to €29,127
of which Other amounts receivable: -€1,770
- Other debts -€17,583
down €17,583 (-35.4%), from €49,691 to €32,108
- Profit (loss) carried forward +€5,040
up €5,040 (+25.2%), from -€20,021 to -€14,982
- Trade debts -€804
down €804 (-19.7%), from €4,082 to €3,278
- Turnover -€26,391
down €26,391 (-24.4%), from €107,954 to €81,564
- Purchases and services -€10,777
down €10,777 (-11.2%), from €96,242 to €85,464
- Gross operating margin +€4,387
up €4,387 (+37.5%), from €11,712 to €16,099
- Financial charges -€4,111
down €4,111 (-97.9%), from €4,200 to €88
of which Non-recurring financial charges: -€3,246
- Depreciation -€1,675
down €1,675 (-15.6%), from €10,712 to €9,037
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 | €45,053 | €31,705 | -€13,348 | -29.6% |
| Fixed assets | 21/28 | €9,579 | €542 | -€9,037 | -94.3% |
| Tangible fixed assets | 22/27 | €9,579 | €542 | -€9,037 | -94.3% |
| Plant, machinery and equipment | 23 | €1,204 | €542 | -€662 | -55.0% |
| Furniture and vehicles | 24 | €8,375 | - | -€8,375 | |
| Current assets | 29/58 | €35,474 | €31,163 | -€4,311 | -12.2% |
| Amounts receivable within one year | 40/41 | €30,695 | €29,127 | -€1,568 | -5.1% |
| Trade receivables | 40 | €27,444 | €27,646 | +€202 | +0.7% |
| Other amounts receivable | 41 | €3,251 | €1,481 | -€1,770 | -54.4% |
| Cash at bank and in hand | 54/58 | €4,779 | €2,036 | -€2,743 | -57.4% |
| Total equity and liabilities | 10/49 | €45,053 | €31,705 | -€13,348 | -29.6% |
| Equity | 10/15 | -€9,821 | -€4,782 | +€5,040 | +51.3% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Contributions outside capital | 11 | €10,200 | €10,200 | = | 0.0% |
| Share premium | 1100/10 | €10,200 | €10,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,021 | -€14,982 | +€5,040 | +25.2% |
| Amounts payable | 17/49 | €54,874 | €36,487 | -€18,387 | -33.5% |
| Amounts payable within one year | 42/48 | €54,874 | €36,487 | -€18,387 | -33.5% |
| Trade debts | 44 | €4,082 | €3,278 | -€804 | -19.7% |
| Suppliers | 440/4 | €4,082 | €3,278 | -€804 | -19.7% |
| Taxes, remuneration and social security | 45 | €1,101 | €1,101 | = | 0.0% |
| Taxes | 450/3 | €1,101 | €1,101 | = | 0.0% |
| Other amounts payable | 47/48 | €49,691 | €32,108 | -€17,583 | -35.4% |
| Turnover | 70 | €107,954 | €81,564 | -€26,391 | -24.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €96,242 | €85,464 | -€10,777 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,712 | €9,037 | -€1,675 | -15.6% |
| Other operating charges | 640/8 | €1,089 | €1,872 | +€783 | +71.9% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €11,712 | €16,099 | +€4,387 | +37.5% |
| Operating profit (loss) | 9901 | -€88 | €5,128 | +€5,216 | |
| Financial income | 75/76B | €64 | - | -€64 | |
| Recurring financial income | 75 | €64 | - | -€64 | |
| Non-recurring financial income | 76B | €64 | - | -€64 | |
| Financial charges | 65/66B | €4,200 | €88 | -€4,111 | -97.9% |
| Recurring financial charges | 65 | €954 | €88 | -€866 | -90.8% |
| Non-recurring financial charges | 66B | €3,246 | - | -€3,246 | |
| Profit (loss) for the period before taxes | 9903 | -€4,223 | €5,040 | +€9,263 | |
| Profit (loss) for the period | 9904 | -€4,223 | €5,040 | +€9,263 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,223 | €5,040 | +€9,263 |
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 18 October 2026 via checked.be.