TOPCLEAN: 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.
TOPCLEAN
Largest movements
- Cash +€25,589
up €25,589 (+8.8%), from €290,239 to €315,829
mainly Net result for the year (+€52,287) and Depreciation (+€22,454)
- Tangible fixed assets -€13,326
down €13,326 (-25.6%), from €52,042 to €38,715
of which Furniture and vehicles: -€12,806
- Stocks and contracts +€9,362
up €9,362 (+7.3%), from €128,488 to €137,850
- Reserves +€35,821
up €35,821 (+10.6%), from €338,716 to €374,537
of which Distributable reserves: +€35,821
- Current portion of long-term debt -€34,500
down €34,500 (-81.2%), from €42,500 to €8,000
- Other debts +€13,891
up €13,891 (+539.4%), from €2,575 to €16,466
- Tax, wage and social debts +€9,434
up €9,434 (+12.8%), from €73,474 to €82,908
of which Taxes: +€6,448
- Staff costs +€39,280
up €39,280 (+8.9%), from €441,183 to €480,462
- Gross operating margin +€34,697
up €34,697 (+6.3%), from €546,697 to €581,394
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.
Cash bridge derived
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 | €527,444 | €548,118 | +€20,674 | +3.9% |
| Fixed assets | 21/28 | €52,042 | €38,715 | -€13,326 | -25.6% |
| Tangible fixed assets | 22/27 | €52,042 | €38,715 | -€13,326 | -25.6% |
| Plant, machinery and equipment | 23 | €12,202 | €11,682 | -€520 | -4.3% |
| Furniture and vehicles | 24 | €39,840 | €27,034 | -€12,806 | -32.1% |
| Current assets | 29/58 | €475,402 | €509,403 | +€34,000 | +7.2% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €128,488 | €137,850 | +€9,362 | +7.3% |
| Stocks | 30/36 | €128,488 | €137,850 | +€9,362 | +7.3% |
| Amounts receivable within one year | 40/41 | €42,370 | €43,104 | +€734 | +1.7% |
| Trade receivables | 40 | €41,903 | €38,647 | -€3,256 | -7.8% |
| Other amounts receivable | 41 | €467 | €4,457 | +€3,990 | +854.0% |
| Cash at bank and in hand | 54/58 | €290,239 | €315,829 | +€25,589 | +8.8% |
| Deferred charges and accrued income | 490/1 | €4,304 | €2,620 | -€1,684 | -39.1% |
| Total equity and liabilities | 10/49 | €527,444 | €548,118 | +€20,674 | +3.9% |
| Equity | 10/15 | €400,716 | €436,537 | +€35,821 | +8.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €338,716 | €374,537 | +€35,821 | +10.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €332,516 | €368,337 | +€35,821 | +10.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €126,728 | €111,581 | -€15,147 | -12.0% |
| Amounts payable within one year | 42/48 | €126,540 | €110,622 | -€15,918 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €42,500 | €8,000 | -€34,500 | -81.2% |
| Trade debts | 44 | €7,908 | €2,576 | -€5,332 | -67.4% |
| Suppliers | 440/4 | €7,908 | €2,576 | -€5,332 | -67.4% |
| Advances received on contracts in progress | 46 | €83 | €671 | +€589 | +712.9% |
| Taxes, remuneration and social security | 45 | €73,474 | €82,908 | +€9,434 | +12.8% |
| Taxes | 450/3 | €14,836 | €21,284 | +€6,448 | +43.5% |
| Remuneration and social security | 454/9 | €58,638 | €61,624 | +€2,986 | +5.1% |
| Other amounts payable | 47/48 | €2,575 | €16,466 | +€13,891 | +539.4% |
| Accrued charges and deferred income | 492/3 | €188 | €960 | +€772 | +410.3% |
| Remuneration, social security and pensions | 62 | €441,183 | €480,462 | +€39,280 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,429 | €22,454 | -€975 | -4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €949 | €1,428 | +€479 | +50.4% |
| Other operating charges | 640/8 | €2,082 | €2,227 | +€146 | +7.0% |
| Non-recurring operating charges | 66A | €1,131 | €0 | -€1,131 | -100.0% |
| Gross operating margin | 9900 | €546,697 | €581,394 | +€34,697 | +6.3% |
| Operating profit (loss) | 9901 | €77,924 | €74,823 | -€3,101 | -4.0% |
| Financial income | 75/76B | €1,260 | €1,275 | +€16 | +1.2% |
| Recurring financial income | 75 | €1,260 | €1,275 | +€16 | +1.2% |
| Financial charges | 65/66B | €4,636 | €4,291 | -€345 | -7.4% |
| Recurring financial charges | 65 | €4,636 | €4,291 | -€345 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €74,547 | €71,807 | -€2,740 | -3.7% |
| Income taxes | 67/77 | €20,427 | €19,520 | -€907 | -4.4% |
| Profit (loss) for the period | 9904 | €54,120 | €52,287 | -€1,833 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,120 | €52,287 | -€1,833 | -3.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.