TOPDISC: 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.
TOPDISC
Largest movements
- Tangible fixed assets -€5,013
down €5,013 (-67.0%), from €7,477 to €2,464
of which Furniture and vehicles: -€4,590
- Stocks and contracts -€3,468
down €3,468 (-3.4%), from €103,161 to €99,693
- Receivables within one year +€3,020
up €3,020 (+33.7%), from €8,959 to €11,978
- Cash +€2,572
up €2,572 (+15.1%), from €16,994 to €19,566
mainly Depreciation (+€5,013) and Stocks and contracts (+€3,468)
- Current investments -€2,205
down €2,205 (-10.7%), from €20,700 to €18,495
- Profit (loss) carried forward -€9,386
down €9,386, from €3,608 to -€5,778
- Trade debts +€2,368
up €2,368 (+31.0%), from €7,638 to €10,007
- Tax, wage and social debts +€1,965
up €1,965 (+38.8%), from €5,065 to €7,030
of which Taxes: +€1,015
- Gross operating margin -€13,680
down €13,680, from €12,260 to -€1,420
- Depreciation -€2,139
down €2,139 (-29.9%), from €7,152 to €5,013
- Taxes -€239
down €239 (-49.2%), from €486 to €247
- Financial charges -€236
down €236 (-35.5%), from €664 to €428
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 | €157,779 | €152,700 | -€5,079 | -3.2% |
| Fixed assets | 21/28 | €7,477 | €2,464 | -€5,013 | -67.0% |
| Tangible fixed assets | 22/27 | €7,477 | €2,464 | -€5,013 | -67.0% |
| Land and buildings | 22 | €2,564 | €2,141 | -€423 | -16.5% |
| Furniture and vehicles | 24 | €4,913 | €323 | -€4,590 | -93.4% |
| Current assets | 29/58 | €150,302 | €150,237 | -€66 | 0.0% |
| Stocks and contracts in progress | 3 | €103,161 | €99,693 | -€3,468 | -3.4% |
| Stocks | 30/36 | €103,161 | €99,693 | -€3,468 | -3.4% |
| Amounts receivable within one year | 40/41 | €8,959 | €11,978 | +€3,020 | +33.7% |
| Other amounts receivable | 41 | €8,959 | €11,978 | +€3,020 | +33.7% |
| Current investments | 50/53 | €20,700 | €18,495 | -€2,205 | -10.7% |
| Cash at bank and in hand | 54/58 | €16,994 | €19,566 | +€2,572 | +15.1% |
| Deferred charges and accrued income | 490/1 | €489 | €504 | +€15 | +3.1% |
| Total equity and liabilities | 10/49 | €157,779 | €152,700 | -€5,079 | -3.2% |
| Equity | 10/15 | €144,217 | €134,830 | -€9,386 | -6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,009 | €122,009 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €120,149 | €120,149 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,608 | -€5,778 | -€9,386 | |
| Amounts payable | 17/49 | €13,562 | €17,870 | +€4,308 | +31.8% |
| Amounts payable within one year | 42/48 | €13,562 | €17,870 | +€4,308 | +31.8% |
| Trade debts | 44 | €7,638 | €10,007 | +€2,368 | +31.0% |
| Suppliers | 440/4 | €7,638 | €10,007 | +€2,368 | +31.0% |
| Taxes, remuneration and social security | 45 | €5,065 | €7,030 | +€1,965 | +38.8% |
| Taxes | 450/3 | €4,015 | €5,030 | +€1,015 | +25.3% |
| Remuneration and social security | 454/9 | €1,050 | €2,000 | +€950 | +90.5% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,152 | €5,013 | -€2,139 | -29.9% |
| Other operating charges | 640/8 | €1,486 | €1,554 | +€68 | +4.5% |
| Gross operating margin | 9900 | €12,260 | -€1,420 | -€13,680 | |
| Operating profit (loss) | 9901 | €3,621 | -€7,987 | -€11,608 | |
| Financial income | 75/76B | €29 | €109 | +€80 | +281.3% |
| Recurring financial income | 75 | €29 | €109 | +€80 | +281.3% |
| Financial charges | 65/66B | €664 | €428 | -€236 | -35.5% |
| Recurring financial charges | 65 | €664 | €428 | -€236 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €2,986 | -€8,306 | -€11,292 | |
| Income taxes | 67/77 | €486 | €247 | -€239 | -49.2% |
| Profit (loss) for the period | 9904 | €2,499 | -€8,553 | -€11,053 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,499 | -€8,553 | -€11,053 |
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 30 September 2026 via checked.be.