Topovision: 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.
Topovision
Largest movements
- Cash +€11,087
up €11,087 (+326%), from €3,404 to €14,491
mainly Tax, wage and social debts (+€7,204) and Net result for the year (+€5,932)
- Receivables within one year -€5,105
down €5,105 (-20.0%), from €25,470 to €20,365
of which Trade receivables: -€2,795
- Tangible fixed assets -€585
down €585 (-5.3%), from €11,013 to €10,428
of which Plant, machinery and equipment: -€1,125
- Short-term financial debts -€10,000
no longer reported in 2024 (was €10,000)
- Tax, wage and social debts +€7,204
up €7,204 (+600%), from €1,200 to €8,404
of which Taxes: +€7,204
- Reserves +€5,011
up €5,011 (+62.7%), from €7,989 to €13,000
- Trade debts +€2,104
up €2,104 (+20.4%), from €10,324 to €12,427
- Profit (loss) carried forward +€922
new in 2024: €922
- Gross operating margin +€8,392
up €8,392 (+170%), from €4,929 to €13,321
- Depreciation -€6,215
down €6,215 (-55.7%), from €11,148 to €4,933
- Taxes +€962
new in 2024: €962
- Financial income +€135
up €135 (+2,712%), from €5 to €140
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 | €48,063 | €53,303 | +€5,241 | +10.9% |
| Fixed assets | 21/28 | €11,013 | €10,428 | -€585 | -5.3% |
| Tangible fixed assets | 22/27 | €11,013 | €10,428 | -€585 | -5.3% |
| Plant, machinery and equipment | 23 | €3,086 | €1,961 | -€1,125 | -36.5% |
| Furniture and vehicles | 24 | €4,487 | €5,740 | +€1,253 | +27.9% |
| Other tangible fixed assets | 26 | €3,440 | €2,727 | -€713 | -20.7% |
| Current assets | 29/58 | €37,050 | €42,875 | +€5,825 | +15.7% |
| Amounts receivable within one year | 40/41 | €25,470 | €20,365 | -€5,105 | -20.0% |
| Trade receivables | 40 | €16,040 | €13,245 | -€2,795 | -17.4% |
| Other amounts receivable | 41 | €9,430 | €7,120 | -€2,310 | -24.5% |
| Cash at bank and in hand | 54/58 | €3,404 | €14,491 | +€11,087 | +326% |
| Deferred charges and accrued income | 490/1 | €8,176 | €8,019 | -€157 | -1.9% |
| Total equity and liabilities | 10/49 | €48,063 | €53,303 | +€5,241 | +10.9% |
| Equity | 10/15 | €26,539 | €32,472 | +€5,932 | +22.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €7,989 | €13,000 | +€5,011 | +62.7% |
| Distributable reserves | 133 | €7,989 | €13,000 | +€5,011 | +62.7% |
| Profit (loss) carried forward | 14 | - | €922 | +€922 | |
| Amounts payable | 17/49 | €21,524 | €20,832 | -€692 | -3.2% |
| Amounts payable within one year | 42/48 | €21,524 | €20,832 | -€692 | -3.2% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Other loans | 439 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €10,324 | €12,427 | +€2,104 | +20.4% |
| Suppliers | 440/4 | €10,324 | €12,427 | +€2,104 | +20.4% |
| Taxes, remuneration and social security | 45 | €1,200 | €8,404 | +€7,204 | +600% |
| Taxes | 450/3 | €200 | €7,404 | +€7,204 | +3,602% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €191 | +€191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,148 | €4,933 | -€6,215 | -55.7% |
| Other operating charges | 640/8 | €750 | €716 | -€34 | -4.6% |
| Non-recurring operating charges | 66A | €700 | €547 | -€153 | -21.8% |
| Gross operating margin | 9900 | €4,929 | €13,321 | +€8,392 | +170% |
| Operating profit (loss) | 9901 | -€7,669 | €7,125 | +€14,794 | |
| Financial income | 75/76B | €5 | €140 | +€135 | +2,712% |
| Recurring financial income | 75 | €5 | €140 | +€135 | +2,712% |
| Financial charges | 65/66B | €327 | €370 | +€43 | +13.3% |
| Recurring financial charges | 65 | €327 | €370 | +€43 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,991 | €6,895 | +€14,885 | |
| Income taxes | 67/77 | - | €962 | +€962 | |
| Profit (loss) for the period | 9904 | -€7,991 | €5,932 | +€13,923 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,991 | €5,932 | +€13,923 |
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 18 October 2026 via checked.be.