Topaz Consulting: 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.
Topaz Consulting
Largest movements
- Receivables within one year +€25,796
up €25,796 (+34.6%), from €74,536 to €100,331
of which Trade receivables: +€25,464
- Cash +€11,801
up €11,801 (+72.2%), from €16,340 to €28,141
mainly Net result for the year (+€24,486) and Depreciation (+€10,848)
- Intangible fixed assets -€6,421
down €6,421 (-50.0%), from €12,842 to €6,421
- Tangible fixed assets -€4,427
down €4,427 (-37.1%), from €11,945 to €7,518
- Reserves +€24,486
up €24,486 (+29.6%), from €82,621 to €107,107
- Tax, wage and social debts -€5,577
down €5,577 (-18.2%), from €30,566 to €24,989
- Other debts +€4,987
up €4,987 (+329%), from €1,517 to €6,504
- Trade debts +€2,852
up €2,852 (+196%), from €1,458 to €4,310
- Gross operating margin +€31,566
up €31,566 (+175%), from €18,045 to €49,612
- Taxes +€8,875
up €8,875 (+516%), from €1,719 to €10,594
- Other operating charges +€985
up €985 (+60.7%), from €1,622 to €2,606
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 | €117,163 | €143,911 | +€26,748 | +22.8% |
| Fixed assets | 21/28 | €26,287 | €15,439 | -€10,848 | -41.3% |
| Intangible fixed assets | 21 | €12,842 | €6,421 | -€6,421 | -50.0% |
| Tangible fixed assets | 22/27 | €11,945 | €7,518 | -€4,427 | -37.1% |
| Furniture and vehicles | 24 | €11,945 | €7,518 | -€4,427 | -37.1% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €90,876 | €128,472 | +€37,596 | +41.4% |
| Amounts receivable within one year | 40/41 | €74,536 | €100,331 | +€25,796 | +34.6% |
| Trade receivables | 40 | €65,692 | €91,156 | +€25,464 | +38.8% |
| Other amounts receivable | 41 | €8,844 | €9,176 | +€332 | +3.7% |
| Cash at bank and in hand | 54/58 | €16,340 | €28,141 | +€11,801 | +72.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €117,163 | €143,911 | +€26,748 | +22.8% |
| Equity | 10/15 | €83,621 | €108,107 | +€24,486 | +29.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €82,621 | €107,107 | +€24,486 | +29.6% |
| Distributable reserves | 133 | €82,621 | €107,107 | +€24,486 | +29.6% |
| Amounts payable | 17/49 | €33,541 | €35,803 | +€2,262 | +6.7% |
| Amounts payable within one year | 42/48 | €33,541 | €35,803 | +€2,262 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,458 | €4,310 | +€2,852 | +196% |
| Suppliers | 440/4 | €1,458 | €4,310 | +€2,852 | +196% |
| Taxes, remuneration and social security | 45 | €30,566 | €24,989 | -€5,577 | -18.2% |
| Taxes | 450/3 | €30,566 | €24,989 | -€5,577 | -18.2% |
| Other amounts payable | 47/48 | €1,517 | €6,504 | +€4,987 | +329% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,334 | €10,848 | -€486 | -4.3% |
| Other operating charges | 640/8 | €1,622 | €2,606 | +€985 | +60.7% |
| Gross operating margin | 9900 | €18,045 | €49,612 | +€31,566 | +175% |
| Operating profit (loss) | 9901 | €5,090 | €36,157 | +€31,067 | +610% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,245 | €1,077 | -€169 | -13.5% |
| Recurring financial charges | 65 | €1,245 | €1,077 | -€169 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €3,845 | €35,081 | +€31,236 | +812% |
| Income taxes | 67/77 | €1,719 | €10,594 | +€8,875 | +516% |
| Profit (loss) for the period | 9904 | €2,126 | €24,486 | +€22,361 | +1,052% |
| Profit (loss) for the period to be appropriated | 9905 | €2,126 | €24,486 | +€22,361 | +1,052% |
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 18 October 2026 via checked.be.