TOP-TECH: 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-TECH
Largest movements
- Receivables within one year -€22,366
down €22,366 (-61.4%), from €36,454 to €14,088
of which Trade receivables: -€28,079
- Tangible fixed assets -€17,431
down €17,431 (-7.3%), from €240,234 to €222,803
of which Land and buildings: -€13,435
- Cash -€12,369
down €12,369 (-34.9%), from €35,409 to €23,040
mainly Net result for the year (-€39,794) and Debts after one year (-€11,770)
- Deferred charges and accrued income -€4,646
down €4,646 (-48.2%), from €9,636 to €4,990
- Profit (loss) carried forward -€39,794
down €39,794, from €39,576 to -€219
- Debts after one year -€11,770
down €11,770 (-8.5%), from €137,788 to €126,019
- Tax, wage and social debts -€8,450
down €8,450 (-87.5%), from €9,659 to €1,209
of which Taxes: -€6,450
- Other debts +€5,846
up €5,846 (+77.5%), from €7,546 to €13,392
- Current portion of long-term debt -€4,354
down €4,354 (-27.0%), from €16,124 to €11,770
- Gross operating margin -€69,176
down €69,176, from €58,954 to -€10,223
- Taxes -€6,751
down €6,751 (-99.4%), from €6,789 to €38
- Depreciation -€2,596
down €2,596 (-9.1%), from €28,670 to €26,074
- Financial charges -€685
down €685 (-19.9%), from €3,440 to €2,755
- Staff costs +€590
new in 2025: €590
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 | €321,783 | €264,972 | -€56,811 | -17.7% |
| Fixed assets | 21/28 | €240,284 | €222,853 | -€17,431 | -7.3% |
| Tangible fixed assets | 22/27 | €240,234 | €222,803 | -€17,431 | -7.3% |
| Land and buildings | 22 | €201,295 | €187,860 | -€13,435 | -6.7% |
| Plant, machinery and equipment | 23 | €29,228 | €28,646 | -€582 | -2.0% |
| Furniture and vehicles | 24 | €9,711 | €6,298 | -€3,414 | -35.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €81,499 | €42,119 | -€39,380 | -48.3% |
| Amounts receivable within one year | 40/41 | €36,454 | €14,088 | -€22,366 | -61.4% |
| Trade receivables | 40 | €36,167 | €8,088 | -€28,079 | -77.6% |
| Other amounts receivable | 41 | €287 | €6,000 | +€5,713 | +1989.5% |
| Cash at bank and in hand | 54/58 | €35,409 | €23,040 | -€12,369 | -34.9% |
| Deferred charges and accrued income | 490/1 | €9,636 | €4,990 | -€4,646 | -48.2% |
| Total equity and liabilities | 10/49 | €321,783 | €264,972 | -€56,811 | -17.7% |
| Equity | 10/15 | €150,214 | €110,420 | -€39,794 | -26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,039 | €92,039 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €90,179 | €90,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,576 | -€219 | -€39,794 | |
| Amounts payable | 17/49 | €171,569 | €154,552 | -€17,016 | -9.9% |
| Amounts payable after more than one year | 17 | €137,788 | €126,019 | -€11,770 | -8.5% |
| Financial debts | 170/4 | €137,788 | €126,019 | -€11,770 | -8.5% |
| Amounts payable within one year | 42/48 | €33,781 | €28,534 | -€5,247 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €16,124 | €11,770 | -€4,354 | -27.0% |
| Trade debts | 44 | €452 | €2,164 | +€1,711 | +378.3% |
| Suppliers | 440/4 | €452 | €2,164 | +€1,711 | +378.3% |
| Taxes, remuneration and social security | 45 | €9,659 | €1,209 | -€8,450 | -87.5% |
| Taxes | 450/3 | €7,659 | €1,209 | -€6,450 | -84.2% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €7,546 | €13,392 | +€5,846 | +77.5% |
| Non-recurring operating income | 76A | €669 | €748 | +€79 | +11.8% |
| Remuneration, social security and pensions | 62 | - | €590 | +€590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,670 | €26,074 | -€2,596 | -9.1% |
| Other operating charges | 640/8 | €372 | €115 | -€257 | -69.1% |
| Gross operating margin | 9900 | €58,954 | -€10,223 | -€69,176 | |
| Operating profit (loss) | 9901 | €29,911 | -€37,002 | -€66,913 | |
| Financial charges | 65/66B | €3,440 | €2,755 | -€685 | -19.9% |
| Recurring financial charges | 65 | €3,440 | €2,755 | -€685 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €26,472 | -€39,757 | -€66,228 | |
| Income taxes | 67/77 | €6,789 | €38 | -€6,751 | -99.4% |
| Profit (loss) for the period | 9904 | €19,683 | -€39,794 | -€59,477 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,683 | -€39,794 | -€59,477 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.