Top Tier Access Northzone: 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 Tier Access Northzone
Largest movements
- Financial fixed assets +€2.9m
up €2.9m (+70.8%), from €4.1m to €7.0m
- Cash -€709,274
down €709,274 (-54.7%), from €1.3m to €586,988
mainly Investment in fixed assets (net) (-€2.9m) and Receivables within one year (-€468,750)
- Receivables within one year +€468,750
up €468,750 (+144%), from €326,250 to €795,000
- Contributions +€2.8m
up €2.8m (+45.5%), from €6.1m to €8.9m
- Profit (loss) carried forward -€106,733
down €106,733 (-27.6%), from -€387,374 to -€494,107
- Purchases and services -€110,903
no longer reported in 2025 (was €110,903)
- Gross operating margin +€5,342
up €5,342 (+4.8%), from -€110,903 to -€105,561
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 | €5,736,725 | €8,409,637 | +€2.7m | +46.6% |
| Fixed assets | 21/28 | €4,114,060 | €7,027,559 | +€2.9m | +70.8% |
| Financial fixed assets | 28 | €4,114,060 | €7,027,559 | +€2.9m | +70.8% |
| Current assets | 29/58 | €1,622,665 | €1,382,078 | -€240,587 | -14.8% |
| Amounts receivable within one year | 40/41 | €326,250 | €795,000 | +€468,750 | +144% |
| Other amounts receivable | 41 | €326,250 | €795,000 | +€468,750 | +144% |
| Cash at bank and in hand | 54/58 | €1,296,262 | €586,988 | -€709,274 | -54.7% |
| Deferred charges and accrued income | 490/1 | €154 | €90 | -€64 | -41.8% |
| Total equity and liabilities | 10/49 | €5,736,725 | €8,409,637 | +€2.7m | +46.6% |
| Equity | 10/15 | €5,725,876 | €8,397,893 | +€2.7m | +46.7% |
| Contributions | 10/11 | €6,113,250 | €8,892,000 | +€2.8m | +45.5% |
| Profit (loss) carried forward | 14 | -€387,374 | -€494,107 | -€106,733 | -27.6% |
| Amounts payable | 17/49 | €10,849 | €11,744 | +€895 | +8.3% |
| Amounts payable within one year | 42/48 | €8,349 | €9,244 | +€895 | +10.7% |
| Trade debts | 44 | €8,349 | €9,244 | +€895 | +10.7% |
| Suppliers | 440/4 | €8,349 | €9,244 | +€895 | +10.7% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €110,903 | - | -€110,903 | |
| Other operating charges | 640/8 | €384 | €968 | +€584 | +152% |
| Gross operating margin | 9900 | -€110,903 | -€105,561 | +€5,342 | +4.8% |
| Operating profit (loss) | 9901 | -€111,288 | -€106,529 | +€4,759 | +4.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €199 | €204 | +€5 | +2.4% |
| Recurring financial charges | 65 | €199 | €204 | +€5 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€111,487 | -€106,732 | +€4,755 | +4.3% |
| Profit (loss) for the period | 9904 | -€111,487 | -€106,732 | +€4,755 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,487 | -€106,732 | +€4,755 | +4.3% |
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 30 October 2026 via checked.be.