TOPIK: 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.
TOPIK
Largest movements
- Cash +€14,661
up €14,661 (+79.2%), from €18,507 to €33,168
mainly Net result for the year (+€22,547) and Other debts (+€3,680)
- Receivables within one year +€7,475
new in 2025: €7,475
of which Trade receivables: +€7,370
- Profit (loss) carried forward +€15,047
up €15,047 (+202.0%), from €7,449 to €22,496
- Other debts +€3,680
up €3,680 (+45.7%), from €8,052 to €11,732
- Tax, wage and social debts +€2,136
up €2,136 (+188.1%), from €1,136 to €3,272
- Trade debts +€1,409
up €1,409 (+74.5%), from €1,892 to €3,301
- Gross operating margin +€23,722
up €23,722 (+6807.4%), from €348 to €24,070
- Taxes +€936
new in 2025: €936
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 | €18,530 | €40,802 | +€22,272 | +120.2% |
| Current assets | 29/58 | €18,530 | €40,802 | +€22,272 | +120.2% |
| Amounts receivable within one year | 40/41 | - | €7,475 | +€7,475 | |
| Trade receivables | 40 | - | €7,370 | +€7,370 | |
| Other amounts receivable | 41 | - | €105 | +€105 | |
| Cash at bank and in hand | 54/58 | €18,507 | €33,168 | +€14,661 | +79.2% |
| Deferred charges and accrued income | 490/1 | €22 | €158 | +€136 | +611.0% |
| Total equity and liabilities | 10/49 | €18,530 | €40,802 | +€22,272 | +120.2% |
| Equity | 10/15 | €7,450 | €22,497 | +€15,047 | +202.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,449 | €22,496 | +€15,047 | +202.0% |
| Amounts payable | 17/49 | €11,079 | €18,305 | +€7,225 | +65.2% |
| Amounts payable within one year | 42/48 | €11,079 | €18,305 | +€7,225 | +65.2% |
| Trade debts | 44 | €1,892 | €3,301 | +€1,409 | +74.5% |
| Suppliers | 440/4 | €1,892 | €3,301 | +€1,409 | +74.5% |
| Taxes, remuneration and social security | 45 | €1,136 | €3,272 | +€2,136 | +188.1% |
| Taxes | 450/3 | €1,136 | €3,272 | +€2,136 | +188.1% |
| Other amounts payable | 47/48 | €8,052 | €11,732 | +€3,680 | +45.7% |
| Other operating charges | 640/8 | €387 | €559 | +€171 | +44.2% |
| Gross operating margin | 9900 | €348 | €24,070 | +€23,722 | +6807.4% |
| Operating profit (loss) | 9901 | -€39 | €23,512 | +€23,551 | |
| Financial income | 75/76B | - | €101 | +€101 | |
| Recurring financial income | 75 | - | €101 | +€101 | |
| Financial charges | 65/66B | €123 | €129 | +€7 | +5.4% |
| Recurring financial charges | 65 | €123 | €129 | +€7 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€162 | €23,484 | +€23,645 | |
| Income taxes | 67/77 | - | €936 | +€936 | |
| Profit (loss) for the period | 9904 | -€162 | €22,547 | +€22,709 | |
| Profit (loss) for the period to be appropriated | 9905 | -€162 | €22,547 | +€22,709 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.