Topic Plus: 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.
Topic Plus
Largest movements
- Current investments +€37,282
new in 2025: €37,282
- Cash +€32,832
up €32,832 (+70.0%), from €46,876 to €79,708
mainly Net result for the year (+€63,320) and Tax, wage and social debts (+€7,736)
- Receivables within one year -€2,954
down €2,954 (-14.4%), from €20,534 to €17,580
- Deferred charges and accrued income +€2,506
up €2,506 (+236%), from €1,060 to €3,566
- Reserves +€63,320
up €63,320 (+149%), from €42,393 to €105,712
- Tax, wage and social debts +€7,736
up €7,736 (+38.9%), from €19,873 to €27,608
- Gross operating margin +€27,715
up €27,715 (+44.6%), from €62,087 to €89,802
- Taxes +€8,233
up €8,233 (+49.0%), from €16,806 to €25,039
- Financial income +€2,461
new in 2025: €2,461
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 | €70,427 | €140,518 | +€70,091 | +99.5% |
| Fixed assets | 21/28 | €1,957 | €2,382 | +€425 | +21.7% |
| Tangible fixed assets | 22/27 | €1,957 | €2,382 | +€425 | +21.7% |
| Plant, machinery and equipment | 23 | €1,714 | €1,527 | -€187 | -10.9% |
| Furniture and vehicles | 24 | €243 | €855 | +€612 | +251% |
| Current assets | 29/58 | €68,470 | €138,136 | +€69,666 | +102% |
| Amounts receivable within one year | 40/41 | €20,534 | €17,580 | -€2,954 | -14.4% |
| Trade receivables | 40 | €20,534 | €17,580 | -€2,954 | -14.4% |
| Current investments | 50/53 | - | €37,282 | +€37,282 | |
| Cash at bank and in hand | 54/58 | €46,876 | €79,708 | +€32,832 | +70.0% |
| Deferred charges and accrued income | 490/1 | €1,060 | €3,566 | +€2,506 | +236% |
| Total equity and liabilities | 10/49 | €70,427 | €140,518 | +€70,091 | +99.5% |
| Equity | 10/15 | €47,393 | €110,712 | +€63,320 | +134% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,393 | €105,712 | +€63,320 | +149% |
| Distributable reserves | 133 | €42,393 | €105,712 | +€63,320 | +149% |
| Amounts payable | 17/49 | €23,035 | €29,806 | +€6,771 | +29.4% |
| Amounts payable within one year | 42/48 | €23,035 | €29,806 | +€6,771 | +29.4% |
| Financial debts | 43 | - | €222 | +€222 | |
| Other loans | 439 | - | €222 | +€222 | |
| Trade debts | 44 | €2,453 | €1,712 | -€740 | -30.2% |
| Suppliers | 440/4 | €2,453 | €1,712 | -€740 | -30.2% |
| Taxes, remuneration and social security | 45 | €19,873 | €27,608 | +€7,736 | +38.9% |
| Taxes | 450/3 | €19,873 | €27,608 | +€7,736 | +38.9% |
| Other amounts payable | 47/48 | €709 | €263 | -€446 | -62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251 | €582 | +€332 | +132% |
| Other operating charges | 640/8 | €50 | €126 | +€76 | +152% |
| Gross operating margin | 9900 | €62,087 | €89,802 | +€27,715 | +44.6% |
| Operating profit (loss) | 9901 | €61,786 | €89,094 | +€27,308 | +44.2% |
| Financial income | 75/76B | - | €2,461 | +€2,461 | |
| Recurring financial income | 75 | - | €2,461 | +€2,461 | |
| Financial charges | 65/66B | €2,588 | €3,195 | +€608 | +23.5% |
| Recurring financial charges | 65 | €2,588 | €3,195 | +€608 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €59,199 | €88,359 | +€29,160 | +49.3% |
| Income taxes | 67/77 | €16,806 | €25,039 | +€8,233 | +49.0% |
| Profit (loss) for the period | 9904 | €42,393 | €63,320 | +€20,927 | +49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,393 | €63,320 | +€20,927 | +49.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.