Toplead: what changed
Two fiscal 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.
Toplead
Largest movements
- Receivables within one year +€10,451
up €10,451 (+17426.4%), from €60 to €10,511
of which Trade receivables: +€9,940
- Stocks and contracts +€935
up €935 (+19.0%), from €4,921 to €5,856
- Deferred charges and accrued income -€705
no longer reported in 2025 (was €705)
- Cash -€533
down €533 (-97.0%), from €550 to €17
mainly Receivables within one year (-€10,451) and Stocks and contracts (-€935)
- Reserves +€4,105
new in 2025: €4,105
- Other debts +€2,900
up €2,900 (+59.4%), from €4,884 to €7,784
- Tax, wage and social debts +€1,852
up €1,852 (+342.4%), from €541 to €2,393
- Profit (loss) carried forward +€1,262
no longer reported in 2025 (was -€1,262)
- Gross operating margin +€7,734
up €7,734, from -€1,080 to €6,654
- Taxes +€1,026
new in 2025: €1,026
- Other operating charges +€126
new in 2025: €126
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 | €6,236 | €16,383 | +€10,148 | +162.7% |
| Current assets | 29/58 | €6,236 | €16,383 | +€10,148 | +162.7% |
| Stocks and contracts in progress | 3 | €4,921 | €5,856 | +€935 | +19.0% |
| Stocks | 30/36 | €4,921 | €5,856 | +€935 | +19.0% |
| Amounts receivable within one year | 40/41 | €60 | €10,511 | +€10,451 | +17426.4% |
| Trade receivables | 40 | €60 | €10,000 | +€9,940 | +16575.0% |
| Other amounts receivable | 41 | - | €511 | +€511 | |
| Cash at bank and in hand | 54/58 | €550 | €17 | -€533 | -97.0% |
| Deferred charges and accrued income | 490/1 | €705 | - | -€705 | |
| Total equity and liabilities | 10/49 | €6,236 | €16,383 | +€10,148 | +162.7% |
| Equity | 10/15 | €738 | €6,105 | +€5,367 | +727.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €4,105 | +€4,105 | |
| Distributable reserves | 133 | - | €4,105 | +€4,105 | |
| Profit (loss) carried forward | 14 | -€1,262 | - | +€1,262 | |
| Amounts payable | 17/49 | €5,498 | €10,278 | +€4,781 | +87.0% |
| Amounts payable within one year | 42/48 | €5,451 | €10,278 | +€4,828 | +88.6% |
| Trade debts | 44 | €26 | €102 | +€76 | +287.2% |
| Suppliers | 440/4 | €26 | €102 | +€76 | +287.2% |
| Taxes, remuneration and social security | 45 | €541 | €2,393 | +€1,852 | +342.4% |
| Taxes | 450/3 | €541 | €2,393 | +€1,852 | +342.4% |
| Other amounts payable | 47/48 | €4,884 | €7,784 | +€2,900 | +59.4% |
| Accrued charges and deferred income | 492/3 | €47 | - | -€47 | |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | -€1,080 | €6,654 | +€7,734 | |
| Operating profit (loss) | 9901 | -€1,080 | €6,528 | +€7,608 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €182 | €135 | -€47 | -25.7% |
| Recurring financial charges | 65 | €182 | €135 | -€47 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,262 | €6,393 | +€7,655 | |
| Income taxes | 67/77 | - | €1,026 | +€1,026 | |
| Profit (loss) for the period | 9904 | -€1,262 | €5,367 | +€6,629 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,262 | €5,367 | +€6,629 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.