TOP TEX 1: 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 TEX 1
Largest movements
- Stocks and contracts -€117,051
down €117,051 (-54.0%), from €216,728 to €99,677
- Cash +€59,483
up €59,483 (+1,741%), from €3,417 to €62,900
mainly Stocks and contracts (+€117,051) and Advances received (+€22,797)
- Receivables within one year +€47,807
up €47,807 (+1,177%), from €4,061 to €51,868
of which Trade receivables: +€51,868
- Tangible fixed assets -€3,178
down €3,178 (-100%), from €3,178 to €0
- Trade debts -€60,968
down €60,968 (-77.8%), from €78,345 to €17,376
- Advances received +€22,797
new in 2024: €22,797
- Tax, wage and social debts +€15,387
up €15,387 (+131%), from €11,729 to €27,116
of which Remuneration and social security: +€14,213
- Profit (loss) carried forward +€5,078
up €5,078 (+5.3%), from €95,102 to €100,180
- Other debts +€4,767
up €4,767 (+12.2%), from €39,116 to €43,883
- Purchases and services +€499,698
new in 2024: €499,698
- Gross operating margin -€20,696
down €20,696 (-24.5%), from €84,399 to €63,703
- Staff costs -€13,785
down €13,785 (-20.7%), from €66,648 to €52,863
- Taxes -€3,232
no longer reported in 2024 (was €3,232)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,292 | €216,353 | -€12,939 | -5.6% |
| Fixed assets | 21/28 | €3,178 | €0 | -€3,178 | -100% |
| Tangible fixed assets | 22/27 | €3,178 | €0 | -€3,178 | -100% |
| Furniture and vehicles | 24 | €3,178 | €0 | -€3,178 | -100% |
| Current assets | 29/58 | €226,113 | €216,353 | -€9,761 | -4.3% |
| Stocks and contracts in progress | 3 | €216,728 | €99,677 | -€117,051 | -54.0% |
| Stocks | 30/36 | €216,728 | €99,677 | -€117,051 | -54.0% |
| Amounts receivable within one year | 40/41 | €4,061 | €51,868 | +€47,807 | +1,177% |
| Trade receivables | 40 | €0 | €51,868 | +€51,868 | |
| Other amounts receivable | 41 | €4,061 | €0 | -€4,061 | -100% |
| Cash at bank and in hand | 54/58 | €3,417 | €62,900 | +€59,483 | +1,741% |
| Deferred charges and accrued income | 490/1 | €1,907 | €1,907 | = | 0.0% |
| Total equity and liabilities | 10/49 | €229,292 | €216,353 | -€12,939 | -5.6% |
| Equity | 10/15 | €100,102 | €105,180 | +€5,078 | +5.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,102 | €100,180 | +€5,078 | +5.3% |
| Amounts payable | 17/49 | €129,190 | €111,173 | -€18,017 | -13.9% |
| Amounts payable within one year | 42/48 | €129,190 | €111,173 | -€18,017 | -13.9% |
| Trade debts | 44 | €78,345 | €17,376 | -€60,968 | -77.8% |
| Suppliers | 440/4 | €78,345 | €17,376 | -€60,968 | -77.8% |
| Advances received on contracts in progress | 46 | - | €22,797 | +€22,797 | |
| Taxes, remuneration and social security | 45 | €11,729 | €27,116 | +€15,387 | +131% |
| Taxes | 450/3 | €10,284 | €11,458 | +€1,174 | +11.4% |
| Remuneration and social security | 454/9 | €1,445 | €15,658 | +€14,213 | +983% |
| Other amounts payable | 47/48 | €39,116 | €43,883 | +€4,767 | +12.2% |
| Non-recurring operating income | 76A | €1,098 | - | -€1,098 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €499,698 | +€499,698 | |
| Remuneration, social security and pensions | 62 | €66,648 | €52,863 | -€13,785 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,061 | €3,178 | +€117 | +3.8% |
| Other operating charges | 640/8 | €2,083 | €1,928 | -€155 | -7.4% |
| Gross operating margin | 9900 | €84,399 | €63,703 | -€20,696 | -24.5% |
| Operating profit (loss) | 9901 | €12,608 | €5,734 | -€6,874 | -54.5% |
| Financial income | 75/76B | €37 | - | -€37 | |
| Recurring financial income | 75 | €37 | - | -€37 | |
| Financial charges | 65/66B | €1,384 | €656 | -€727 | -52.6% |
| Recurring financial charges | 65 | €1,384 | €656 | -€727 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €11,261 | €5,078 | -€6,183 | -54.9% |
| Income taxes | 67/77 | €3,232 | - | -€3,232 | |
| Profit (loss) for the period | 9904 | €8,029 | €5,078 | -€2,951 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,029 | €5,078 | -€2,951 | -36.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.