TOP TREE MANAGEMENT: 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 TREE MANAGEMENT
Largest movements
- Receivables within one year +€1,913
up €1,913 (+9.1%), from €21,082 to €22,996
of which Other amounts receivable: +€1,149
- Cash -€1,611
down €1,611 (-99.0%), from €1,628 to €17
mainly Net result for the year (-€3,984) and Receivables within one year (-€1,913)
- Profit (loss) carried forward -€3,984
down €3,984 (-7.9%), from -€50,443 to -€54,427
- Trade debts +€2,227
up €2,227 (+1,083%), from €206 to €2,433
- Other debts +€1,441
up €1,441 (+1.8%), from €78,878 to €80,320
- Gross operating margin +€4,564
up €4,564 (+64.4%), from -€7,083 to -€2,519
- Financial charges -€1,452
down €1,452 (-89.0%), from €1,630 to €179
- Other operating charges +€1,093
up €1,093 (+221%), from €493 to €1,586
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 | €75,327 | €75,058 | -€269 | -0.4% |
| Fixed assets | 21/28 | €1,426 | €705 | -€721 | -50.6% |
| Tangible fixed assets | 22/27 | €1,414 | €693 | -€721 | -51.0% |
| Furniture and vehicles | 24 | €1,414 | €693 | -€721 | -51.0% |
| Financial fixed assets | 28 | €12 | €12 | = | 0.0% |
| Current assets | 29/58 | €73,901 | €74,353 | +€452 | +0.6% |
| Amounts receivable after more than one year | 29 | €51,050 | €51,050 | = | 0.0% |
| Other amounts receivable | 291 | €51,050 | €51,050 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,082 | €22,996 | +€1,913 | +9.1% |
| Trade receivables | 40 | €0 | €764 | +€764 | |
| Other amounts receivable | 41 | €21,082 | €22,231 | +€1,149 | +5.5% |
| Cash at bank and in hand | 54/58 | €1,628 | €17 | -€1,611 | -99.0% |
| Deferred charges and accrued income | 490/1 | €140 | €290 | +€150 | +107% |
| Total equity and liabilities | 10/49 | €75,327 | €75,058 | -€269 | -0.4% |
| Equity | 10/15 | -€3,837 | -€7,822 | -€3,984 | -104% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €26,606 | €26,606 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €24,606 | €24,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,443 | -€54,427 | -€3,984 | -7.9% |
| Amounts payable | 17/49 | €79,164 | €82,879 | +€3,715 | +4.7% |
| Amounts payable within one year | 42/48 | €79,084 | €82,879 | +€3,795 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | - | €127 | +€127 | |
| Trade debts | 44 | €206 | €2,433 | +€2,227 | +1,083% |
| Suppliers | 440/4 | €206 | €2,433 | +€2,227 | +1,083% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €78,878 | €80,320 | +€1,441 | +1.8% |
| Accrued charges and deferred income | 492/3 | €81 | €0 | -€81 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €721 | €721 | = | 0.0% |
| Other operating charges | 640/8 | €493 | €1,586 | +€1,093 | +221% |
| Gross operating margin | 9900 | -€7,083 | -€2,519 | +€4,564 | +64.4% |
| Operating profit (loss) | 9901 | -€8,298 | -€4,827 | +€3,471 | +41.8% |
| Financial income | 75/76B | €1,021 | €1,021 | -€0 | 0.0% |
| Recurring financial income | 75 | €1,021 | €1,021 | -€0 | 0.0% |
| Financial charges | 65/66B | €1,630 | €179 | -€1,452 | -89.0% |
| Recurring financial charges | 65 | €1,630 | €179 | -€1,452 | -89.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,907 | -€3,984 | +€4,923 | +55.3% |
| Profit (loss) for the period | 9904 | -€8,907 | -€3,984 | +€4,923 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,907 | -€3,984 | +€4,923 | +55.3% |
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 19 October 2026 via checked.be.