Topcat helicopters: what changed
Topcat helicopters
Largest movements
- Cash +€18,422
up €18,422 (+40.9%), from €45,079 to €63,501
mainly Accrued charges and deferred income (+€25,576) and Other debts (+€2,420)
- Receivables within one year +€2,950
up €2,950 (+33.8%), from €8,736 to €11,686
of which Trade receivables: +€4,845
- Accrued charges and deferred income +€25,576
up €25,576 (+290%), from €8,817 to €34,392
- Tax, wage and social debts -€6,673
down €6,673 (-87.8%), from €7,604 to €931
- Profit (loss) carried forward -€3,065
new in 2024: -€3,065
- Other debts +€2,420
up €2,420 (+150%), from €1,613 to €4,033
- Trade debts +€2,390
up €2,390 (+81.2%), from €2,945 to €5,334
- Gross operating margin -€20,042
down €20,042, from €17,779 to -€2,263
- Taxes +€7,708
up €7,708, from -€7,659 to €49
- Depreciation +€367
up €367 (+276%), from €133 to €500
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,407 | €76,054 | +€20,647 | +37.3% |
| Fixed assets | 21/28 | €1,367 | €867 | -€500 | -36.6% |
| Tangible fixed assets | 22/27 | €1,367 | €867 | -€500 | -36.6% |
| Land and buildings | 22 | €1,367 | €867 | -€500 | -36.6% |
| Current assets | 29/58 | €54,040 | €75,187 | +€21,147 | +39.1% |
| Amounts receivable within one year | 40/41 | €8,736 | €11,686 | +€2,950 | +33.8% |
| Trade receivables | 40 | €2,236 | €7,081 | +€4,845 | +217% |
| Other amounts receivable | 41 | €6,500 | €4,605 | -€1,895 | -29.2% |
| Cash at bank and in hand | 54/58 | €45,079 | €63,501 | +€18,422 | +40.9% |
| Deferred charges and accrued income | 490/1 | €225 | - | -€225 | |
| Total equity and liabilities | 10/49 | €55,407 | €76,054 | +€20,647 | +37.3% |
| Equity | 10/15 | €34,429 | €31,363 | -€3,065 | -8.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,229 | €28,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €126 | €126 | = | 0.0% |
| Reserves not available under the articles | 1311 | €126 | €126 | = | 0.0% |
| Distributable reserves | 133 | €28,103 | €28,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,065 | -€3,065 | |
| Amounts payable | 17/49 | €20,978 | €44,691 | +€23,713 | +113% |
| Amounts payable within one year | 42/48 | €12,162 | €10,299 | -€1,863 | -15.3% |
| Trade debts | 44 | €2,945 | €5,334 | +€2,390 | +81.2% |
| Suppliers | 440/4 | €2,945 | €5,334 | +€2,390 | +81.2% |
| Taxes, remuneration and social security | 45 | €7,604 | €931 | -€6,673 | -87.8% |
| Taxes | 450/3 | €7,604 | €931 | -€6,673 | -87.8% |
| Other amounts payable | 47/48 | €1,613 | €4,033 | +€2,420 | +150% |
| Accrued charges and deferred income | 492/3 | €8,817 | €34,392 | +€25,576 | +290% |
| Remuneration, social security and pensions | 62 | - | €44 | +€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133 | €500 | +€367 | +276% |
| Non-recurring operating charges | 66A | €1,759 | - | -€1,759 | |
| Gross operating margin | 9900 | €17,779 | -€2,263 | -€20,042 | |
| Operating profit (loss) | 9901 | €15,887 | -€2,807 | -€18,694 | |
| Financial income | 75/76B | €3 | €129 | +€126 | +4,195% |
| Recurring financial income | 75 | €3 | €129 | +€126 | +4,195% |
| Financial charges | 65/66B | €216 | €338 | +€122 | +56.6% |
| Recurring financial charges | 65 | €216 | €338 | +€122 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €15,675 | -€3,016 | -€18,691 | |
| Income taxes | 67/77 | -€7,659 | €49 | +€7,708 | |
| Profit (loss) for the period | 9904 | €23,334 | -€3,065 | -€26,399 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,334 | -€3,065 | -€26,399 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.