TOPO PLUS: 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.
TOPO PLUS
Largest movements
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Cash +€74,349
up €74,349 (+96.2%), from €77,283 to €151,632
mainly Current investments (+€100,000) and Depreciation (+€15,646)
- Tangible fixed assets -€9,994
down €9,994 (-10.4%), from €95,890 to €85,896
- Deferred charges and accrued income +€9,641
up €9,641 (+252.7%), from €3,815 to €13,456
- Reserves -€31,820
down €31,820 (-12.2%), from €261,373 to €229,553
- Tax, wage and social debts +€3,496
up €3,496 (+678.3%), from €515 to €4,011
- Gross operating margin -€22,880
down €22,880 (-48.9%), from €46,813 to €23,933
- Taxes -€8,269
down €8,269 (-71.3%), from €11,600 to €3,331
- Depreciation +€1,690
up €1,690 (+12.1%), from €13,956 to €15,646
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 | €287,608 | €263,244 | -€24,365 | -8.5% |
| Fixed assets | 21/28 | €95,890 | €85,896 | -€9,994 | -10.4% |
| Tangible fixed assets | 22/27 | €95,890 | €85,896 | -€9,994 | -10.4% |
| Furniture and vehicles | 24 | €95,890 | €85,896 | -€9,994 | -10.4% |
| Current assets | 29/58 | €191,718 | €177,347 | -€14,371 | -7.5% |
| Amounts receivable within one year | 40/41 | €10,620 | €12,259 | +€1,639 | +15.4% |
| Trade receivables | 40 | €4,297 | €8,976 | +€4,680 | +108.9% |
| Other amounts receivable | 41 | €6,324 | €3,283 | -€3,041 | -48.1% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €77,283 | €151,632 | +€74,349 | +96.2% |
| Deferred charges and accrued income | 490/1 | €3,815 | €13,456 | +€9,641 | +252.7% |
| Total equity and liabilities | 10/49 | €287,608 | €263,244 | -€24,365 | -8.5% |
| Equity | 10/15 | €279,973 | €248,153 | -€31,820 | -11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €261,373 | €229,553 | -€31,820 | -12.2% |
| Distributable reserves | 133 | €261,373 | €229,553 | -€31,820 | -12.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €7,636 | €15,091 | +€7,455 | +97.6% |
| Amounts payable within one year | 42/48 | €7,636 | €15,055 | +€7,420 | +97.2% |
| Trade debts | 44 | €1,844 | €4,411 | +€2,567 | +139.2% |
| Suppliers | 440/4 | €1,844 | €4,411 | +€2,567 | +139.2% |
| Taxes, remuneration and social security | 45 | €515 | €4,011 | +€3,496 | +678.3% |
| Taxes | 450/3 | €515 | €4,011 | +€3,496 | +678.3% |
| Other amounts payable | 47/48 | €5,276 | €6,633 | +€1,357 | +25.7% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,956 | €15,646 | +€1,690 | +12.1% |
| Other operating charges | 640/8 | €881 | €915 | +€34 | +3.8% |
| Gross operating margin | 9900 | €46,813 | €23,933 | -€22,880 | -48.9% |
| Operating profit (loss) | 9901 | €31,976 | €7,372 | -€24,604 | -76.9% |
| Financial income | 75/76B | €3,851 | €3,611 | -€240 | -6.2% |
| Recurring financial income | 75 | €3,851 | €3,611 | -€240 | -6.2% |
| Financial charges | 65/66B | €254 | €269 | +€15 | +5.7% |
| Recurring financial charges | 65 | €254 | €269 | +€15 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €35,572 | €10,714 | -€24,858 | -69.9% |
| Income taxes | 67/77 | €11,600 | €3,331 | -€8,269 | -71.3% |
| Profit (loss) for the period | 9904 | €23,973 | €7,383 | -€16,590 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,973 | €7,383 | -€16,590 | -69.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.