TOPIDEE: 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.
TOPIDEE
Largest movements
- Stocks and contracts +€10,166
up €10,166 (+33.7%), from €30,177 to €40,343
- Tangible fixed assets -€4,432
down €4,432 (-14.7%), from €30,226 to €25,794
of which Plant, machinery and equipment: -€3,320
- Cash -€2,730
down €2,730 (-6.0%), from €45,385 to €42,655
mainly Stocks and contracts (-€10,166) and Tax, wage and social debts (-€5,605)
- Reserves +€9,920
new in 2025: €9,920
- Tax, wage and social debts -€5,605
down €5,605 (-90.6%), from €6,189 to €584
of which Remuneration and social security: -€3,600
- Gross operating margin +€6,137
up €6,137 (+17.7%), from €34,608 to €40,745
- Taxes +€2,330
up €2,330 (+115.6%), from €2,015 to €4,345
- Financial charges -€2,186
down €2,186 (-53.0%), from €4,121 to €1,936
- Other operating charges +€1,151
up €1,151 (+27.1%), from €4,246 to €5,397
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 | €117,177 | €120,574 | +€3,397 | +2.9% |
| Formation expenses | 20 | €832 | €605 | -€227 | -27.3% |
| Fixed assets | 21/28 | €30,226 | €25,794 | -€4,432 | -14.7% |
| Tangible fixed assets | 22/27 | €30,226 | €25,794 | -€4,432 | -14.7% |
| Plant, machinery and equipment | 23 | €24,003 | €20,683 | -€3,320 | -13.8% |
| Furniture and vehicles | 24 | €6,222 | €3,306 | -€2,917 | -46.9% |
| Other tangible fixed assets | 26 | - | €1,805 | +€1,805 | |
| Current assets | 29/58 | €86,119 | €94,175 | +€8,056 | +9.4% |
| Stocks and contracts in progress | 3 | €30,177 | €40,343 | +€10,166 | +33.7% |
| Stocks | 30/36 | €30,177 | €40,343 | +€10,166 | +33.7% |
| Amounts receivable within one year | 40/41 | €6,755 | €6,232 | -€522 | -7.7% |
| Trade receivables | 40 | €933 | €3,987 | +€3,054 | +327.2% |
| Other amounts receivable | 41 | €5,822 | €2,245 | -€3,577 | -61.4% |
| Cash at bank and in hand | 54/58 | €45,385 | €42,655 | -€2,730 | -6.0% |
| Deferred charges and accrued income | 490/1 | €3,802 | €4,945 | +€1,143 | +30.1% |
| Total equity and liabilities | 10/49 | €117,177 | €120,574 | +€3,397 | +2.9% |
| Equity | 10/15 | €44,904 | €54,824 | +€9,920 | +22.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | - | €9,920 | +€9,920 | |
| Distributable reserves | 133 | - | €9,920 | +€9,920 | |
| Profit (loss) carried forward | 14 | €4,904 | €4,904 | = | 0.0% |
| Amounts payable | 17/49 | €72,273 | €65,750 | -€6,522 | -9.0% |
| Amounts payable within one year | 42/48 | €72,273 | €65,750 | -€6,522 | -9.0% |
| Trade debts | 44 | €1,448 | €1,666 | +€218 | +15.0% |
| Suppliers | 440/4 | €1,448 | €1,666 | +€218 | +15.0% |
| Taxes, remuneration and social security | 45 | €6,189 | €584 | -€5,605 | -90.6% |
| Taxes | 450/3 | €2,589 | €584 | -€2,005 | -77.5% |
| Remuneration and social security | 454/9 | €3,600 | - | -€3,600 | |
| Other amounts payable | 47/48 | €64,635 | €63,500 | -€1,135 | -1.8% |
| Remuneration, social security and pensions | 62 | €12,310 | €12,423 | +€113 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,077 | €6,819 | -€258 | -3.7% |
| Other operating charges | 640/8 | €4,246 | €5,397 | +€1,151 | +27.1% |
| Gross operating margin | 9900 | €34,608 | €40,745 | +€6,137 | +17.7% |
| Operating profit (loss) | 9901 | €10,976 | €16,106 | +€5,131 | +46.7% |
| Financial income | 75/76B | €65 | €94 | +€29 | +44.1% |
| Recurring financial income | 75 | €65 | €94 | +€29 | +44.1% |
| Financial charges | 65/66B | €4,121 | €1,936 | -€2,186 | -53.0% |
| Recurring financial charges | 65 | €4,121 | €1,936 | -€2,186 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €6,920 | €14,265 | +€7,345 | +106.2% |
| Income taxes | 67/77 | €2,015 | €4,345 | +€2,330 | +115.6% |
| Profit (loss) for the period | 9904 | €4,904 | €9,920 | +€5,015 | +102.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,904 | €9,920 | +€5,015 | +102.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.