Topadvies: 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.
Topadvies
Largest movements
- Cash +€17,724
up €17,724 (+3,265%), from €543 to €18,267
mainly Other debts (+€20,746) and Depreciation (+€10,986)
- Receivables within one year +€2,973
up €2,973 (+126%), from €2,367 to €5,341
of which Trade receivables: +€4,121
- Tangible fixed assets -€2,426
down €2,426 (-11.9%), from €20,417 to €17,991
of which Leasing and similar rights: -€4,204
- Other debts +€20,746
up €20,746 (+17.6%), from €118,154 to €138,900
- Debts after one year -€4,420
down €4,420 (-92.3%), from €4,788 to €368
- Tax, wage and social debts +€4,030
up €4,030 (+1,911%), from €211 to €4,241
- Profit (loss) carried forward -€3,060
down €3,060 (-2.9%), from -€106,869 to -€109,929
- Trade debts +€741
up €741 (+304%), from €243 to €984
- Gross operating margin +€36,214
up €36,214, from -€26,223 to €9,992
- Depreciation +€774
up €774 (+7.6%), from €10,213 to €10,986
- Financial charges +€664
up €664 (+185%), from €358 to €1,022
- Other operating charges -€353
down €353 (-30.5%), from €1,156 to €803
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 | €23,534 | €41,857 | +€18,323 | +77.9% |
| Fixed assets | 21/28 | €20,417 | €17,991 | -€2,426 | -11.9% |
| Tangible fixed assets | 22/27 | €20,417 | €17,991 | -€2,426 | -11.9% |
| Plant, machinery and equipment | 23 | €1,001 | €2,789 | +€1,788 | +178% |
| Furniture and vehicles | 24 | €10,375 | €10,365 | -€10 | -0.1% |
| Leasing and similar rights | 25 | €9,041 | €4,837 | -€4,204 | -46.5% |
| Current assets | 29/58 | €3,117 | €23,865 | +€20,749 | +666% |
| Amounts receivable within one year | 40/41 | €2,367 | €5,341 | +€2,973 | +126% |
| Trade receivables | 40 | €1,204 | €5,325 | +€4,121 | +342% |
| Other amounts receivable | 41 | €1,163 | €16 | -€1,147 | -98.6% |
| Cash at bank and in hand | 54/58 | €543 | €18,267 | +€17,724 | +3,265% |
| Deferred charges and accrued income | 490/1 | €207 | €258 | +€51 | +24.9% |
| Total equity and liabilities | 10/49 | €23,534 | €41,857 | +€18,323 | +77.9% |
| Equity | 10/15 | -€104,369 | -€107,429 | -€3,060 | -2.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,869 | -€109,929 | -€3,060 | -2.9% |
| Amounts payable | 17/49 | €127,903 | €149,286 | +€21,382 | +16.7% |
| Amounts payable after more than one year | 17 | €4,788 | €368 | -€4,420 | -92.3% |
| Financial debts | 170/4 | €4,788 | €368 | -€4,420 | -92.3% |
| Amounts payable within one year | 42/48 | €123,115 | €148,917 | +€25,802 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €4,420 | €4,420 | = | 0.0% |
| Financial debts | 43 | €88 | €373 | +€285 | +325% |
| Credit institutions | 430/8 | €88 | €373 | +€285 | +325% |
| Trade debts | 44 | €243 | €984 | +€741 | +304% |
| Suppliers | 440/4 | €243 | €984 | +€741 | +304% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €211 | €4,241 | +€4,030 | +1,911% |
| Taxes | 450/3 | €211 | €4,241 | +€4,030 | +1,911% |
| Other amounts payable | 47/48 | €118,154 | €138,900 | +€20,746 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,213 | €10,986 | +€774 | +7.6% |
| Other operating charges | 640/8 | €1,156 | €803 | -€353 | -30.5% |
| Gross operating margin | 9900 | -€26,223 | €9,992 | +€36,214 | |
| Operating profit (loss) | 9901 | -€37,591 | -€1,798 | +€35,794 | +95.2% |
| Financial income | 75/76B | €173 | €19 | -€154 | -89.2% |
| Recurring financial income | 75 | €173 | €19 | -€154 | -89.2% |
| Financial charges | 65/66B | €358 | €1,022 | +€664 | +185% |
| Recurring financial charges | 65 | €358 | €1,022 | +€664 | +185% |
| Profit (loss) for the period before taxes | 9903 | -€37,776 | -€2,800 | +€34,976 | +92.6% |
| Income taxes | 67/77 | €180 | €259 | +€79 | +43.8% |
| Profit (loss) for the period | 9904 | -€37,956 | -€3,060 | +€34,897 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,956 | -€3,060 | +€34,897 | +91.9% |
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 24 October 2026 via checked.be.