TOPOGIGIO: what changed
What changed
TOPOGIGIO
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€18,094
2024 · €34,654-€16,560
Equity
€41,118
2024 · €23,024+€18,094
Cash
€419
2024 · €6+€413
Balance sheet total
€152,491
2024 · €122,838+€29,653
Largest movements
Assets
- Receivables within one year +€35,240
up €35,240 (+34.4%), from €102,438 to €137,678
of which Trade receivables: +€27,157
- Stocks and contracts -€5,392
down €5,392 (-33.4%), from €16,154 to €10,762
Equity and liabilities
- Profit (loss) carried forward +€18,094
up €18,094 (+139%), from €13,024 to €31,118
- Current portion of long-term debt +€9,244
new in 2025: €9,244
- Trade debts +€3,077
up €3,077 (+21.8%), from €14,107 to €17,184
- Debts after one year -€2,500
down €2,500 (-33.3%), from €7,500 to €5,000
- Tax, wage and social debts +€1,738
up €1,738 (+2.2%), from €78,207 to €79,945
of which Taxes: +€9,645
Income statement
- Gross operating margin -€21,535
down €21,535 (-16.0%), from €134,414 to €112,879
- Staff costs -€7,089
down €7,089 (-6.9%), from €102,078 to €94,989
- Taxes +€3,359
new in 2025: €3,359
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€34,654
Gross operating margin
-€21,535
Staff costs
+€7,089
Depreciation
+€126
Other operating charges
+€309
Financial income
+€810
Taxes
-€3,359
Result 2025
€18,094
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€5,092
Investment
-€1,239
Financing
+€6,744
Cash 2024
€6
From operations (derived)
-€5,092
Net result for the year
+€18,094
Depreciation
+€1,847
Stocks and contracts
+€5,392
Receivables within one year
-€35,240
Trade debts
+€3,077
Tax, wage and social debts
+€1,738
Investment (derived)
-€1,239
Investment in fixed assets (net)
-€1,239
Financing
+€6,744
Debts after one year
-€2,500
Current portion of long-term debt
+€9,244
Cash 2025
€419
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,838 | €152,491 | +€29,653 | +24.1% |
| Fixed assets | 21/28 | €4,240 | €3,632 | -€608 | -14.3% |
| Tangible fixed assets | 22/27 | €3,790 | €3,182 | -€608 | -16.0% |
| Plant, machinery and equipment | 23 | €747 | €1,425 | +€678 | +90.8% |
| Furniture and vehicles | 24 | €2,118 | €982 | -€1,136 | -53.6% |
| Other tangible fixed assets | 26 | €925 | €775 | -€150 | -16.2% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €118,598 | €148,859 | +€30,261 | +25.5% |
| Stocks and contracts in progress | 3 | €16,154 | €10,762 | -€5,392 | -33.4% |
| Stocks | 30/36 | €16,154 | €10,762 | -€5,392 | -33.4% |
| Amounts receivable within one year | 40/41 | €102,438 | €137,678 | +€35,240 | +34.4% |
| Trade receivables | 40 | €476 | €27,633 | +€27,157 | +5,705% |
| Other amounts receivable | 41 | €101,962 | €110,045 | +€8,083 | +7.9% |
| Cash at bank and in hand | 54/58 | €6 | €419 | +€413 | +6,883% |
| Total equity and liabilities | 10/49 | €122,838 | €152,491 | +€29,653 | +24.1% |
| Equity | 10/15 | €23,024 | €41,118 | +€18,094 | +78.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,024 | €31,118 | +€18,094 | +139% |
| Amounts payable | 17/49 | €99,814 | €111,373 | +€11,559 | +11.6% |
| Amounts payable after more than one year | 17 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Financial debts | 170/4 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Amounts payable within one year | 42/48 | €92,314 | €106,373 | +€14,059 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | - | €9,244 | +€9,244 | |
| Trade debts | 44 | €14,107 | €17,184 | +€3,077 | +21.8% |
| Suppliers | 440/4 | €14,107 | €17,184 | +€3,077 | +21.8% |
| Taxes, remuneration and social security | 45 | €78,207 | €79,945 | +€1,738 | +2.2% |
| Taxes | 450/3 | €59,295 | €68,940 | +€9,645 | +16.3% |
| Remuneration and social security | 454/9 | €18,912 | €11,005 | -€7,907 | -41.8% |
| Remuneration, social security and pensions | 62 | €102,078 | €94,989 | -€7,089 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,973 | €1,847 | -€126 | -6.4% |
| Other operating charges | 640/8 | €532 | €223 | -€309 | -58.1% |
| Gross operating margin | 9900 | €134,414 | €112,879 | -€21,535 | -16.0% |
| Operating profit (loss) | 9901 | €29,831 | €15,820 | -€14,011 | -47.0% |
| Financial income | 75/76B | €4,877 | €5,687 | +€810 | +16.6% |
| Recurring financial income | 75 | €4,877 | €5,687 | +€810 | +16.6% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €34,654 | €21,453 | -€13,201 | -38.1% |
| Income taxes | 67/77 | - | €3,359 | +€3,359 | |
| Profit (loss) for the period | 9904 | €34,654 | €18,094 | -€16,560 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,654 | €18,094 | -€16,560 | -47.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.