TOPO CONSULT: 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.
TOPO CONSULT
Largest movements
- Cash -€104,650
down €104,650 (-65.6%), from €159,584 to €54,933
mainly Other debts (-€89,646) and Contributions, distributions and other (-€10,719)
- Tangible fixed assets -€3,319
down €3,319 (-65.3%), from €5,085 to €1,767
of which Plant, machinery and equipment: -€3,012
- Other debts -€89,646
down €89,646 (-89.3%), from €100,365 to €10,719
- Reserves -€34,574
down €34,574 (-17.3%), from €199,972 to €165,398
- Profit (loss) carried forward +€13,921
up €13,921 (+293%), from €4,751 to €18,672
- Gross operating margin -€10,855
down €10,855, from €4,750 to -€6,104
- Taxes -€110
down €110 (-100%), from €110 to €0
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 | €324,096 | €214,084 | -€110,012 | -33.9% |
| Fixed assets | 21/28 | €160,562 | €157,243 | -€3,319 | -2.1% |
| Tangible fixed assets | 22/27 | €5,085 | €1,767 | -€3,319 | -65.3% |
| Plant, machinery and equipment | 23 | €4,421 | €1,409 | -€3,012 | -68.1% |
| Furniture and vehicles | 24 | €664 | €358 | -€307 | -46.2% |
| Financial fixed assets | 28 | €155,476 | €155,476 | = | 0.0% |
| Current assets | 29/58 | €163,534 | €56,841 | -€106,693 | -65.2% |
| Amounts receivable within one year | 40/41 | €3,950 | €1,908 | -€2,043 | -51.7% |
| Trade receivables | 40 | €3,630 | €0 | -€3,630 | -100% |
| Other amounts receivable | 41 | €320 | €1,908 | +€1,587 | +495% |
| Cash at bank and in hand | 54/58 | €159,584 | €54,933 | -€104,650 | -65.6% |
| Total equity and liabilities | 10/49 | €324,096 | €214,084 | -€110,012 | -33.9% |
| Equity | 10/15 | €223,122 | €202,469 | -€20,653 | -9.3% |
| Contributions | 10/11 | €18,399 | €18,399 | = | 0.0% |
| Reserves | 13 | €199,972 | €165,398 | -€34,574 | -17.3% |
| Distributable reserves | 133 | €199,972 | €165,398 | -€34,574 | -17.3% |
| Profit (loss) carried forward | 14 | €4,751 | €18,672 | +€13,921 | +293% |
| Amounts payable | 17/49 | €100,974 | €11,615 | -€89,359 | -88.5% |
| Amounts payable within one year | 42/48 | €100,962 | €11,603 | -€89,359 | -88.5% |
| Trade debts | 44 | €597 | €306 | -€291 | -48.8% |
| Suppliers | 440/4 | €597 | €306 | -€291 | -48.8% |
| Taxes, remuneration and social security | 45 | - | €578 | +€578 | |
| Taxes | 450/3 | - | €578 | +€578 | |
| Other amounts payable | 47/48 | €100,365 | €10,719 | -€89,646 | -89.3% |
| Accrued charges and deferred income | 492/3 | €12 | €12 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,319 | €3,319 | +€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €4,750 | -€6,104 | -€10,855 | |
| Operating profit (loss) | 9901 | €1,044 | -€9,823 | -€10,867 | |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €165 | €165 | -€0 | -0.1% |
| Recurring financial charges | 65 | €165 | €165 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €879 | -€9,934 | -€10,813 | |
| Income taxes | 67/77 | €110 | €0 | -€110 | -100% |
| Profit (loss) for the period | 9904 | €769 | -€9,934 | -€10,703 | |
| Profit (loss) for the period to be appropriated | 9905 | €769 | -€9,934 | -€10,703 |
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 20 October 2026 via checked.be.