TOPI MANAGEMENT: 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.
TOPI MANAGEMENT
Largest movements
- Tangible fixed assets -€8,400
down €8,400 (-5.7%), from €148,100 to €139,700
- Receivables within one year -€3,479
down €3,479 (-67.4%), from €5,162 to €1,683
of which Trade receivables: -€3,488
- Profit (loss) carried forward -€14,695
new in 2024: -€14,695
- Gross operating margin -€6,052
down €6,052, from €3,723 to -€2,329
- Other operating charges +€615
up €615 (+18.7%), from €3,282 to €3,898
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,615 | €175,672 | -€14,943 | -7.8% |
| Fixed assets | 21/28 | €148,100 | €139,700 | -€8,400 | -5.7% |
| Tangible fixed assets | 22/27 | €148,100 | €139,700 | -€8,400 | -5.7% |
| Land and buildings | 22 | €148,100 | €139,700 | -€8,400 | -5.7% |
| Current assets | 29/58 | €42,515 | €35,972 | -€6,543 | -15.4% |
| Amounts receivable within one year | 40/41 | €5,162 | €1,683 | -€3,479 | -67.4% |
| Trade receivables | 40 | €5,162 | €1,673 | -€3,488 | -67.6% |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Current investments | 50/53 | €38 | €35 | -€2 | -6.4% |
| Cash at bank and in hand | 54/58 | €35,594 | €34,254 | -€1,340 | -3.8% |
| Deferred charges and accrued income | 490/1 | €1,722 | - | -€1,722 | |
| Total equity and liabilities | 10/49 | €190,615 | €175,672 | -€14,943 | -7.8% |
| Equity | 10/15 | €119,899 | €105,203 | -€14,695 | -12.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €19,899 | €19,899 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €9,899 | €9,899 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,695 | -€14,695 | |
| Amounts payable | 17/49 | €70,716 | €70,469 | -€248 | -0.4% |
| Amounts payable within one year | 42/48 | €70,716 | €70,469 | -€248 | -0.4% |
| Trade debts | 44 | €25,876 | €25,954 | +€78 | +0.3% |
| Suppliers | 440/4 | €25,876 | €25,954 | +€78 | +0.3% |
| Taxes, remuneration and social security | 45 | €176 | - | -€176 | |
| Taxes | 450/3 | €176 | - | -€176 | |
| Other amounts payable | 47/48 | €44,664 | €44,514 | -€150 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,400 | €8,400 | = | 0.0% |
| Other operating charges | 640/8 | €3,282 | €3,898 | +€615 | +18.7% |
| Gross operating margin | 9900 | €3,723 | -€2,329 | -€6,052 | |
| Operating profit (loss) | 9901 | -€7,959 | -€14,627 | -€6,668 | -83.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €68 | €69 | +€1 | +1.8% |
| Recurring financial charges | 65 | €68 | €69 | +€1 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,027 | -€14,695 | -€6,669 | -83.1% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€8,027 | -€14,695 | -€6,669 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,027 | -€14,695 | -€6,669 | -83.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.