TOPLINK: 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.
TOPLINK
Largest movements
- Tangible fixed assets -€4,482
down €4,482 (-13.3%), from €33,633 to €29,150
- Formation expenses +€2,400
new in 2025: €2,400
- Receivables within one year -€1,609
down €1,609 (-65.0%), from €2,476 to €867
- Cash +€682
up €682 (+10.8%), from €6,301 to €6,983
mainly Depreciation (+€16,426) and Net result for the year (+€12,907)
- Trade debts -€19,300
no longer reported in 2025 (was €19,300)
- Profit (loss) carried forward +€12,907
up €12,907 (+87.3%), from €14,779 to €27,686
- Tax, wage and social debts +€8,715
new in 2025: €8,715
- Other debts -€5,331
no longer reported in 2025 (was €5,331)
- Turnover +€6,837
up €6,837 (+9.0%), from €76,178 to €83,015
- Gross operating margin +€4,954
up €4,954 (+19.2%), from €25,804 to €30,758
- Taxes -€2,728
no longer reported in 2025 (was €2,728)
- Depreciation -€2,506
down €2,506 (-13.2%), from €18,933 to €16,426
- Purchases and services +€1,883
up €1,883 (+3.7%), from €50,374 to €52,257
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 | €42,410 | €39,400 | -€3,010 | -7.1% |
| Formation expenses | 20 | - | €2,400 | +€2,400 | |
| Fixed assets | 21/28 | €33,633 | €29,150 | -€4,482 | -13.3% |
| Tangible fixed assets | 22/27 | €33,633 | €29,150 | -€4,482 | -13.3% |
| Furniture and vehicles | 24 | €33,633 | €29,150 | -€4,482 | -13.3% |
| Current assets | 29/58 | €8,778 | €7,850 | -€927 | -10.6% |
| Amounts receivable within one year | 40/41 | €2,476 | €867 | -€1,609 | -65.0% |
| Other amounts receivable | 41 | €2,476 | €867 | -€1,609 | -65.0% |
| Cash at bank and in hand | 54/58 | €6,301 | €6,983 | +€682 | +10.8% |
| Total equity and liabilities | 10/49 | €42,410 | €39,400 | -€3,010 | -7.1% |
| Equity | 10/15 | €17,779 | €30,686 | +€12,907 | +72.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,779 | €27,686 | +€12,907 | +87.3% |
| Amounts payable | 17/49 | €24,631 | €8,715 | -€15,916 | -64.6% |
| Amounts payable within one year | 42/48 | €24,631 | €8,715 | -€15,916 | -64.6% |
| Trade debts | 44 | €19,300 | - | -€19,300 | |
| Suppliers | 440/4 | €19,300 | - | -€19,300 | |
| Taxes, remuneration and social security | 45 | - | €8,715 | +€8,715 | |
| Taxes | 450/3 | - | €8,715 | +€8,715 | |
| Other amounts payable | 47/48 | €5,331 | - | -€5,331 | |
| Turnover | 70 | €76,178 | €83,015 | +€6,837 | +9.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,374 | €52,257 | +€1,883 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,933 | €16,426 | -€2,506 | -13.2% |
| Other operating charges | 640/8 | €2,569 | €1,364 | -€1,205 | -46.9% |
| Gross operating margin | 9900 | €25,804 | €30,758 | +€4,954 | +19.2% |
| Operating profit (loss) | 9901 | €4,302 | €12,967 | +€8,665 | +201% |
| Financial charges | 65/66B | €80 | €60 | -€20 | -25.2% |
| Recurring financial charges | 65 | €80 | €60 | -€20 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €4,222 | €12,907 | +€8,685 | +206% |
| Income taxes | 67/77 | €2,728 | - | -€2,728 | |
| Profit (loss) for the period | 9904 | €1,494 | €12,907 | +€11,413 | +764% |
| Profit (loss) for the period to be appropriated | 9905 | €1,494 | €12,907 | +€11,413 | +764% |
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 28 October 2026 via checked.be.