TOPAD: what changed
Two fiscal 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.
TOPAD
Largest movements
- Cash +€8,060
up €8,060 (+10.3%), from €78,122 to €86,182
mainly Net result for the year (+€7,623) and Other debts (+€1,494)
- Receivables within one year +€2,108
up €2,108 (+14.6%), from €14,448 to €16,556
of which Trade receivables: +€2,385
- Reserves +€7,623
up €7,623 (+13.2%), from €57,822 to €65,446
- Other debts +€1,494
up €1,494 (+14.5%), from €10,309 to €11,803
- Gross operating margin +€888
up €888 (+8.1%), from €10,925 to €11,813
- Taxes +€331
up €331 (+10.3%), from €3,226 to €3,558
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.
Cash bridge derived
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 | €92,570 | €102,738 | +€10,168 | +11.0% |
| Current assets | 29/58 | €92,570 | €102,738 | +€10,168 | +11.0% |
| Amounts receivable within one year | 40/41 | €14,448 | €16,556 | +€2,108 | +14.6% |
| Trade receivables | 40 | €14,171 | €16,556 | +€2,385 | +16.8% |
| Other amounts receivable | 41 | €277 | - | -€277 | |
| Cash at bank and in hand | 54/58 | €78,122 | €86,182 | +€8,060 | +10.3% |
| Total equity and liabilities | 10/49 | €92,570 | €102,738 | +€10,168 | +11.0% |
| Equity | 10/15 | €76,422 | €84,046 | +€7,623 | +10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,822 | €65,446 | +€7,623 | +13.2% |
| Distributable reserves | 133 | €57,822 | €65,446 | +€7,623 | +13.2% |
| Amounts payable | 17/49 | €16,147 | €18,692 | +€2,544 | +15.8% |
| Amounts payable within one year | 42/48 | €16,147 | €18,692 | +€2,544 | +15.8% |
| Trade debts | 44 | €4,560 | €5,296 | +€736 | +16.1% |
| Suppliers | 440/4 | €4,560 | €5,296 | +€736 | +16.1% |
| Taxes, remuneration and social security | 45 | €1,278 | €1,593 | +€315 | +24.6% |
| Taxes | 450/3 | €1,278 | €1,593 | +€315 | +24.6% |
| Other amounts payable | 47/48 | €10,309 | €11,803 | +€1,494 | +14.5% |
| Other operating charges | 640/8 | €690 | €633 | -€57 | -8.2% |
| Gross operating margin | 9900 | €10,925 | €11,813 | +€888 | +8.1% |
| Operating profit (loss) | 9901 | €10,235 | €11,180 | +€945 | +9.2% |
| Financial income | 75/76B | €102 | €213 | +€111 | +109.0% |
| Recurring financial income | 75 | €102 | €213 | +€111 | +109.0% |
| Financial charges | 65/66B | €197 | €212 | +€15 | +7.8% |
| Recurring financial charges | 65 | €197 | €212 | +€15 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €10,140 | €11,181 | +€1,041 | +10.3% |
| Income taxes | 67/77 | €3,226 | €3,558 | +€331 | +10.3% |
| Profit (loss) for the period | 9904 | €6,914 | €7,623 | +€710 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,914 | €7,623 | +€710 | +10.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.