Top Tents: 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 Tents
Largest movements
- Receivables within one year +€200,421
up €200,421 (+23.4%), from €855,124 to €1.1m
of which Other amounts receivable: +€229,040
- Reserves +€163,500
up €163,500 (+38.5%), from €425,000 to €588,500
- Other debts +€94,915
up €94,915 (+106%), from €89,799 to €184,714
- Trade debts -€35,461
down €35,461 (-12.8%), from €277,625 to €242,164
- Tax, wage and social debts -€27,598
down €27,598 (-83.2%), from €33,175 to €5,577
of which Remuneration and social security: -€33,175
- Gross operating margin +€55,991
up €55,991 (+10.5%), from €534,541 to €590,533
- Staff costs +€28,705
up €28,705 (+8.4%), from €341,446 to €370,151
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 | €865,917 | €1,061,959 | +€196,042 | +22.6% |
| Fixed assets | 21/28 | €7,226 | €5,727 | -€1,499 | -20.7% |
| Tangible fixed assets | 22/27 | €3,126 | €1,627 | -€1,499 | -48.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €3,126 | €1,627 | -€1,499 | -48.0% |
| Financial fixed assets | 28 | €4,100 | €4,100 | = | 0.0% |
| Current assets | 29/58 | €858,691 | €1,056,231 | +€197,541 | +23.0% |
| Amounts receivable within one year | 40/41 | €855,124 | €1,055,545 | +€200,421 | +23.4% |
| Trade receivables | 40 | €570,397 | €541,778 | -€28,619 | -5.0% |
| Other amounts receivable | 41 | €284,727 | €513,767 | +€229,040 | +80.4% |
| Cash at bank and in hand | 54/58 | €437 | €0 | -€437 | -100% |
| Deferred charges and accrued income | 490/1 | €3,130 | €687 | -€2,443 | -78.1% |
| Total equity and liabilities | 10/49 | €865,917 | €1,061,959 | +€196,042 | +22.6% |
| Equity | 10/15 | €447,098 | €610,754 | +€163,656 | +36.6% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €425,000 | €588,500 | +€163,500 | +38.5% |
| Distributable reserves | 133 | €425,000 | €588,500 | +€163,500 | +38.5% |
| Profit (loss) carried forward | 14 | €98 | €254 | +€156 | +159% |
| Amounts payable | 17/49 | €418,818 | €451,205 | +€32,386 | +7.7% |
| Amounts payable within one year | 42/48 | €417,651 | €449,406 | +€31,756 | +7.6% |
| Financial debts | 43 | €17,051 | €16,951 | -€101 | -0.6% |
| Credit institutions | 430/8 | €17,051 | €16,951 | -€101 | -0.6% |
| Trade debts | 44 | €277,625 | €242,164 | -€35,461 | -12.8% |
| Suppliers | 440/4 | €277,625 | €242,164 | -€35,461 | -12.8% |
| Taxes, remuneration and social security | 45 | €33,175 | €5,577 | -€27,598 | -83.2% |
| Taxes | 450/3 | - | €5,577 | +€5,577 | |
| Remuneration and social security | 454/9 | €33,175 | €0 | -€33,175 | -100% |
| Other amounts payable | 47/48 | €89,799 | €184,714 | +€94,915 | +106% |
| Accrued charges and deferred income | 492/3 | €1,168 | €1,798 | +€630 | +54.0% |
| Remuneration, social security and pensions | 62 | €341,446 | €370,151 | +€28,705 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,654 | €1,499 | -€155 | -9.4% |
| Other operating charges | 640/8 | €1,870 | €1,247 | -€623 | -33.3% |
| Gross operating margin | 9900 | €534,541 | €590,533 | +€55,991 | +10.5% |
| Operating profit (loss) | 9901 | €189,571 | €217,636 | +€28,065 | +14.8% |
| Financial income | 75/76B | €8,776 | €7,316 | -€1,460 | -16.6% |
| Recurring financial income | 75 | €8,776 | €7,316 | -€1,460 | -16.6% |
| Financial charges | 65/66B | €2,340 | €5,596 | +€3,256 | +139% |
| Recurring financial charges | 65 | €2,340 | €5,596 | +€3,256 | +139% |
| Profit (loss) for the period before taxes | 9903 | €196,008 | €219,356 | +€23,348 | +11.9% |
| Income taxes | 67/77 | €49,800 | €55,700 | +€5,900 | +11.8% |
| Profit (loss) for the period | 9904 | €146,208 | €163,656 | +€17,448 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €146,208 | €163,656 | +€17,448 | +11.9% |
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 27 October 2026 via checked.be.