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 +€36,876
up €36,876 (+15.3%), from €240,707 to €277,583
of which Trade receivables: +€36,061
- Reserves +€28,705
up €28,705 (+20.5%), from €140,111 to €168,816
of which Distributable reserves: +€28,705
- Other debts -€11,930
down €11,930 (-37.9%), from €31,467 to €19,537
- Trade debts +€11,565
up €11,565 (+16.7%), from €69,327 to €80,892
- Tax, wage and social debts +€8,078
up €8,078 (+290%), from €2,784 to €10,862
- Gross operating margin +€13,829
up €13,829 (+52.2%), from €26,468 to €40,297
- Taxes +€5,294
up €5,294 (+190%), from €2,784 to €8,078
- Financial charges -€2,078
down €2,078 (-62.4%), from €3,330 to €1,252
- Other operating charges +€848
up €848 (+89.9%), from €944 to €1,792
- Depreciation -€464
down €464 (-49.6%), from €934 to €471
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 | €253,084 | €290,685 | +€37,601 | +14.9% |
| Fixed assets | 21/28 | €628 | €2,866 | +€2,237 | +356% |
| Tangible fixed assets | 22/27 | €628 | €2,866 | +€2,237 | +356% |
| Furniture and vehicles | 24 | €628 | €2,866 | +€2,237 | +356% |
| Current assets | 29/58 | €252,456 | €287,820 | +€35,364 | +14.0% |
| Amounts receivable within one year | 40/41 | €240,707 | €277,583 | +€36,876 | +15.3% |
| Trade receivables | 40 | €240,237 | €276,298 | +€36,061 | +15.0% |
| Other amounts receivable | 41 | €470 | €1,285 | +€815 | +173% |
| Cash at bank and in hand | 54/58 | €11,214 | €9,612 | -€1,602 | -14.3% |
| Deferred charges and accrued income | 490/1 | €534 | €624 | +€90 | +16.8% |
| Total equity and liabilities | 10/49 | €253,084 | €290,685 | +€37,601 | +14.9% |
| Equity | 10/15 | €146,311 | €175,016 | +€28,705 | +19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €140,111 | €168,816 | +€28,705 | +20.5% |
| 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 | €138,251 | €166,956 | +€28,705 | +20.8% |
| Amounts payable | 17/49 | €106,773 | €115,670 | +€8,897 | +8.3% |
| Amounts payable within one year | 42/48 | €103,578 | €111,290 | +€7,712 | +7.4% |
| Trade debts | 44 | €69,327 | €80,892 | +€11,565 | +16.7% |
| Suppliers | 440/4 | €69,327 | €80,892 | +€11,565 | +16.7% |
| Taxes, remuneration and social security | 45 | €2,784 | €10,862 | +€8,078 | +290% |
| Taxes | 450/3 | €2,784 | €10,862 | +€8,078 | +290% |
| Other amounts payable | 47/48 | €31,467 | €19,537 | -€11,930 | -37.9% |
| Accrued charges and deferred income | 492/3 | €3,195 | €4,379 | +€1,184 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €934 | €471 | -€464 | -49.6% |
| Other operating charges | 640/8 | €944 | €1,792 | +€848 | +89.9% |
| Gross operating margin | 9900 | €26,468 | €40,297 | +€13,829 | +52.2% |
| Operating profit (loss) | 9901 | €24,590 | €38,035 | +€13,445 | +54.7% |
| Financial charges | 65/66B | €3,330 | €1,252 | -€2,078 | -62.4% |
| Recurring financial charges | 65 | €3,330 | €1,252 | -€2,078 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €21,260 | €36,782 | +€15,523 | +73.0% |
| Income taxes | 67/77 | €2,784 | €8,078 | +€5,294 | +190% |
| Profit (loss) for the period | 9904 | €18,476 | €28,705 | +€10,229 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,476 | €28,705 | +€10,229 | +55.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.