TopCultures: 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.
TopCultures
Largest movements
- Cash +€310,573
up €310,573 (+66.6%), from €466,045 to €776,618
mainly Net result for the year (+€731,757) and Current investments (+€180,000)
- Current investments -€180,000
down €180,000 (-100%), from €180,000 to €0
- Tangible fixed assets +€48,767
up €48,767 (+134%), from €36,334 to €85,102
of which Furniture and vehicles: +€30,847
- Other debts +€171,855
up €171,855 (+30.7%), from €559,900 to €731,755
- Tax, wage and social debts +€16,261
up €16,261 (+143%), from €11,337 to €27,597
- Gross operating margin +€228,763
up €228,763 (+30.3%), from €755,632 to €984,396
- Taxes +€54,664
up €54,664 (+29.9%), from €182,950 to €237,614
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 | €902,864 | €1,087,940 | +€185,076 | +20.5% |
| Fixed assets | 21/28 | €36,334 | €85,102 | +€48,767 | +134% |
| Tangible fixed assets | 22/27 | €36,334 | €85,102 | +€48,767 | +134% |
| Plant, machinery and equipment | 23 | €11,218 | €30,555 | +€19,338 | +172% |
| Furniture and vehicles | 24 | €20,397 | €51,245 | +€30,847 | +151% |
| Other tangible fixed assets | 26 | €4,719 | €3,302 | -€1,418 | -30.0% |
| Current assets | 29/58 | €866,530 | €1,002,838 | +€136,309 | +15.7% |
| Amounts receivable within one year | 40/41 | €219,656 | €225,279 | +€5,624 | +2.6% |
| Trade receivables | 40 | €214,509 | €220,241 | +€5,732 | +2.7% |
| Other amounts receivable | 41 | €5,146 | €5,038 | -€108 | -2.1% |
| Current investments | 50/53 | €180,000 | €0 | -€180,000 | -100% |
| Cash at bank and in hand | 54/58 | €466,045 | €776,618 | +€310,573 | +66.6% |
| Deferred charges and accrued income | 490/1 | €828 | €941 | +€112 | +13.6% |
| Total equity and liabilities | 10/49 | €902,864 | €1,087,940 | +€185,076 | +20.5% |
| Equity | 10/15 | €326,105 | €326,108 | +€2 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €307,505 | €307,508 | +€2 | 0.0% |
| Distributable reserves | 133 | €307,505 | €307,508 | +€2 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €576,759 | €761,833 | +€185,074 | +32.1% |
| Amounts payable within one year | 42/48 | €576,759 | €761,833 | +€185,074 | +32.1% |
| Trade debts | 44 | €5,522 | €2,480 | -€3,042 | -55.1% |
| Suppliers | 440/4 | €5,522 | €2,480 | -€3,042 | -55.1% |
| Taxes, remuneration and social security | 45 | €11,337 | €27,597 | +€16,261 | +143% |
| Taxes | 450/3 | €11,337 | €27,597 | +€16,261 | +143% |
| Other amounts payable | 47/48 | €559,900 | €731,755 | +€171,855 | +30.7% |
| Non-recurring operating income | 76A | - | €930 | +€930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,618 | €13,436 | -€3,182 | -19.1% |
| Other operating charges | 640/8 | €1,500 | €5,584 | +€4,084 | +272% |
| Gross operating margin | 9900 | €755,632 | €984,396 | +€228,763 | +30.3% |
| Operating profit (loss) | 9901 | €737,515 | €965,376 | +€227,861 | +30.9% |
| Financial income | 75/76B | €8,208 | €6,859 | -€1,349 | -16.4% |
| Recurring financial income | 75 | €8,208 | €6,859 | -€1,349 | -16.4% |
| Financial charges | 65/66B | €2,778 | €2,864 | +€86 | +3.1% |
| Recurring financial charges | 65 | €2,778 | €2,864 | +€86 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €742,945 | €969,371 | +€226,426 | +30.5% |
| Income taxes | 67/77 | €182,950 | €237,614 | +€54,664 | +29.9% |
| Profit (loss) for the period | 9904 | €559,995 | €731,757 | +€171,763 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €559,995 | €731,757 | +€171,763 | +30.7% |
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 23 October 2026 via checked.be.