TOPHIMA: 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.
TOPHIMA
Largest movements
- Receivables within one year -€1,540
no longer reported in 2026 (was €1,540)
- Cash -€502
down €502 (-1.2%), from €43,536 to €43,033
mainly Net result for the year (-€1,909) and Tax, wage and social debts (-€134)
- Profit (loss) carried forward -€1,909
down €1,909 (-7.8%), from €24,482 to €22,573
- Gross operating margin -€10,479
down €10,479, from €8,883 to -€1,596
- Taxes -€2,134
no longer reported in 2026 (was €2,134)
- Other operating charges -€141
down €141 (-35.6%), from €395 to €255
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,076 | €43,033 | -€2,043 | -4.5% |
| Current assets | 29/58 | €45,076 | €43,033 | -€2,043 | -4.5% |
| Amounts receivable within one year | 40/41 | €1,540 | - | -€1,540 | |
| Other amounts receivable | 41 | €1,540 | - | -€1,540 | |
| Cash at bank and in hand | 54/58 | €43,536 | €43,033 | -€502 | -1.2% |
| Total equity and liabilities | 10/49 | €45,076 | €43,033 | -€2,043 | -4.5% |
| Equity | 10/15 | €44,942 | €43,033 | -€1,909 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,482 | €22,573 | -€1,909 | -7.8% |
| Amounts payable | 17/49 | €134 | - | -€134 | |
| Amounts payable within one year | 42/48 | €134 | - | -€134 | |
| Taxes, remuneration and social security | 45 | €134 | - | -€134 | |
| Taxes | 450/3 | €134 | - | -€134 | |
| Other operating charges | 640/8 | €395 | €255 | -€141 | -35.6% |
| Gross operating margin | 9900 | €8,883 | -€1,596 | -€10,479 | |
| Operating profit (loss) | 9901 | €8,487 | -€1,851 | -€10,338 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €69 | €58 | -€11 | -16.1% |
| Recurring financial charges | 65 | €69 | €58 | -€11 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €8,418 | -€1,909 | -€10,327 | |
| Income taxes | 67/77 | €2,134 | - | -€2,134 | |
| Profit (loss) for the period | 9904 | €6,284 | -€1,909 | -€8,193 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,284 | -€1,909 | -€8,193 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.