TOPO-RIO: 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-RIO
Largest movements
- Cash +€16,273
up €16,273 (+295%), from €5,512 to €21,785
mainly Receivables within one year (+€12,883) and Other debts (+€10,317)
- Receivables within one year -€12,883
down €12,883 (-7.6%), from €169,412 to €156,529
of which Trade receivables: -€12,684
- Other debts +€10,317
up €10,317 (+3.1%), from €338,015 to €348,332
- Profit (loss) carried forward -€8,133
down €8,133 (-4.1%), from -€197,317 to -€205,450
- Tax, wage and social debts +€4,216
up €4,216 (+16,772%), from €25 to €4,242
- Trade debts -€3,031
down €3,031 (-80.2%), from €3,777 to €746
- Gross operating margin -€17,851
down €17,851 (-75.5%), from €23,640 to €5,789
- Taxes +€12,300
new in 2024: €12,300
- Depreciation -€5,440
down €5,440 (-92.4%), from €5,885 to €445
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,153 | €179,574 | +€3,421 | +1.9% |
| Fixed assets | 21/28 | €1,229 | €785 | -€445 | -36.2% |
| Tangible fixed assets | 22/27 | €1,229 | €785 | -€445 | -36.2% |
| Plant, machinery and equipment | 23 | €1,229 | €785 | -€445 | -36.2% |
| Current assets | 29/58 | €174,924 | €178,789 | +€3,865 | +2.2% |
| Amounts receivable within one year | 40/41 | €169,412 | €156,529 | -€12,883 | -7.6% |
| Trade receivables | 40 | €169,212 | €156,529 | -€12,684 | -7.5% |
| Other amounts receivable | 41 | €199 | - | -€199 | |
| Cash at bank and in hand | 54/58 | €5,512 | €21,785 | +€16,273 | +295% |
| Deferred charges and accrued income | 490/1 | - | €475 | +€475 | |
| Total equity and liabilities | 10/49 | €176,153 | €179,574 | +€3,421 | +1.9% |
| Equity | 10/15 | -€177,317 | -€185,450 | -€8,133 | -4.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Contributions outside capital | 11 | - | €20,000 | +€20,000 | |
| Other | 1109/19 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€197,317 | -€205,450 | -€8,133 | -4.1% |
| Amounts payable | 17/49 | €353,470 | €365,024 | +€11,554 | +3.3% |
| Amounts payable within one year | 42/48 | €341,818 | €353,320 | +€11,503 | +3.4% |
| Trade debts | 44 | €3,777 | €746 | -€3,031 | -80.2% |
| Suppliers | 440/4 | €3,777 | €746 | -€3,031 | -80.2% |
| Taxes, remuneration and social security | 45 | €25 | €4,242 | +€4,216 | +16,772% |
| Taxes | 450/3 | €25 | €4,242 | +€4,216 | +16,772% |
| Other amounts payable | 47/48 | €338,015 | €348,332 | +€10,317 | +3.1% |
| Accrued charges and deferred income | 492/3 | €11,653 | €11,704 | +€51 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,885 | €445 | -€5,440 | -92.4% |
| Other operating charges | 640/8 | €965 | €1,110 | +€145 | +15.0% |
| Gross operating margin | 9900 | €23,640 | €5,789 | -€17,851 | -75.5% |
| Operating profit (loss) | 9901 | €16,790 | €4,235 | -€12,556 | -74.8% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €111 | €79 | -€32 | -28.5% |
| Recurring financial charges | 65 | €111 | €79 | -€32 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €16,679 | €4,167 | -€12,512 | -75.0% |
| Income taxes | 67/77 | - | €12,300 | +€12,300 | |
| Profit (loss) for the period | 9904 | €16,679 | -€8,133 | -€24,813 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,679 | -€8,133 | -€24,813 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.