TOPOS GROUP: 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.
TOPOS GROUP
Largest movements
- Receivables within one year +€38,745
up €38,745 (+28.9%), from €134,157 to €172,902
of which Trade receivables: +€38,956
- Cash +€28,911
new in 2025: €28,911
mainly Accrued charges and deferred income (+€40,521) and Tax, wage and social debts (+€28,791)
- Current investments -€2,209
no longer reported in 2025 (was €2,209)
- Accrued charges and deferred income +€40,521
new in 2025: €40,521
- Trade debts -€30,212
down €30,212 (-65.3%), from €46,266 to €16,053
- Tax, wage and social debts +€28,791
up €28,791 (+632%), from €4,555 to €33,346
- Reserves +€25,447
up €25,447 (+56.2%), from €45,317 to €70,764
- Purchases and services -€260,944
down €260,944 (-27.4%), from €951,442 to €690,498
- Turnover -€240,628
down €240,628 (-24.6%), from €977,276 to €736,648
- Gross operating margin +€20,316
up €20,316 (+78.6%), from €25,834 to €46,150
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 | €137,266 | €201,813 | +€64,547 | +47.0% |
| Fixed assets | 21/28 | €900 | - | -€900 | |
| Tangible fixed assets | 22/27 | €900 | - | -€900 | |
| Plant, machinery and equipment | 23 | €263 | - | -€263 | |
| Furniture and vehicles | 24 | €637 | - | -€637 | |
| Current assets | 29/58 | €136,366 | €201,813 | +€65,447 | +48.0% |
| Amounts receivable within one year | 40/41 | €134,157 | €172,902 | +€38,745 | +28.9% |
| Trade receivables | 40 | €124,807 | €163,763 | +€38,956 | +31.2% |
| Other amounts receivable | 41 | €9,350 | €9,138 | -€211 | -2.3% |
| Current investments | 50/53 | €2,209 | - | -€2,209 | |
| Cash at bank and in hand | 54/58 | - | €28,911 | +€28,911 | |
| Total equity and liabilities | 10/49 | €137,266 | €201,813 | +€64,547 | +47.0% |
| Equity | 10/15 | €86,446 | €111,893 | +€25,447 | +29.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €45,317 | €70,764 | +€25,447 | +56.2% |
| Distributable reserves | 133 | €45,317 | €70,764 | +€25,447 | +56.2% |
| Profit (loss) carried forward | 14 | €31,129 | €31,129 | = | 0.0% |
| Amounts payable | 17/49 | €50,821 | €89,920 | +€39,100 | +76.9% |
| Amounts payable within one year | 42/48 | €50,821 | €49,399 | -€1,421 | -2.8% |
| Trade debts | 44 | €46,266 | €16,053 | -€30,212 | -65.3% |
| Suppliers | 440/4 | €46,266 | €16,053 | -€30,212 | -65.3% |
| Taxes, remuneration and social security | 45 | €4,555 | €33,346 | +€28,791 | +632% |
| Taxes | 450/3 | €4,555 | €33,346 | +€28,791 | +632% |
| Accrued charges and deferred income | 492/3 | - | €40,521 | +€40,521 | |
| Turnover | 70 | €977,276 | €736,648 | -€240,628 | -24.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €951,442 | €690,498 | -€260,944 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,185 | €434 | -€2,751 | -86.4% |
| Other operating charges | 640/8 | €8,798 | €6,724 | -€2,075 | -23.6% |
| Gross operating margin | 9900 | €25,834 | €46,150 | +€20,316 | +78.6% |
| Operating profit (loss) | 9901 | €13,850 | €38,992 | +€25,142 | +182% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Non-recurring financial income | 76B | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,064 | €535 | -€1,529 | -74.1% |
| Recurring financial charges | 65 | €2,064 | €535 | -€1,529 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | €11,786 | €38,485 | +€26,699 | +227% |
| Income taxes | 67/77 | €3,470 | €13,038 | +€9,569 | +276% |
| Profit (loss) for the period | 9904 | €8,317 | €25,447 | +€17,130 | +206% |
| Profit (loss) for the period to be appropriated | 9905 | €8,317 | €25,447 | +€17,130 | +206% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.