TOPP CONSULTING: what changed
TOPP CONSULTING
Largest movements
- Receivables within one year +€12,118
up €12,118 (+33.7%), from €35,990 to €48,108
of which Other amounts receivable: +€7,082
- Cash +€7,840
up €7,840 (+16.2%), from €48,350 to €56,190
mainly Net result for the year (+€26,647) and Depreciation (+€8,854)
- Tangible fixed assets -€6,069
down €6,069 (-22.2%), from €27,368 to €21,299
of which Furniture and vehicles: -€4,136
- Profit (loss) carried forward +€26,647
up €26,647 (+145%), from €18,439 to €45,087
- Tax, wage and social debts -€6,795
down €6,795 (-27.3%), from €24,858 to €18,063
of which Taxes: -€4,068
- Trade debts -€5,913
down €5,913 (-67.0%), from €8,827 to €2,914
- Gross operating margin +€15,204
up €15,204 (+50.7%), from €29,994 to €45,199
- Taxes +€3,528
up €3,528 (+64.2%), from €5,496 to €9,024
- Depreciation +€3,250
up €3,250 (+58.0%), from €5,604 to €8,854
- Other operating charges +€467
up €467 (+250%), from €187 to €653
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,006 | €125,847 | +€13,841 | +12.4% |
| Fixed assets | 21/28 | €27,618 | €21,549 | -€6,069 | -22.0% |
| Tangible fixed assets | 22/27 | €27,368 | €21,299 | -€6,069 | -22.2% |
| Land and buildings | 22 | €4,837 | €4,192 | -€646 | -13.3% |
| Furniture and vehicles | 24 | €17,674 | €13,538 | -€4,136 | -23.4% |
| Other tangible fixed assets | 26 | €4,857 | €3,569 | -€1,287 | -26.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €84,388 | €104,298 | +€19,910 | +23.6% |
| Amounts receivable within one year | 40/41 | €35,990 | €48,108 | +€12,118 | +33.7% |
| Trade receivables | 40 | €35,990 | €41,026 | +€5,036 | +14.0% |
| Other amounts receivable | 41 | €0 | €7,082 | +€7,082 | |
| Cash at bank and in hand | 54/58 | €48,350 | €56,190 | +€7,840 | +16.2% |
| Deferred charges and accrued income | 490/1 | €48 | €0 | -€48 | -100% |
| Total equity and liabilities | 10/49 | €112,006 | €125,847 | +€13,841 | +12.4% |
| Equity | 10/15 | €78,223 | €104,870 | +€26,647 | +34.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,784 | €54,784 | = | 0.0% |
| Distributable reserves | 133 | €54,784 | €54,784 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,439 | €45,087 | +€26,647 | +145% |
| Amounts payable | 17/49 | €33,783 | €20,977 | -€12,806 | -37.9% |
| Amounts payable after more than one year | 17 | €98 | €0 | -€98 | -100% |
| Other amounts payable | 178/9 | €98 | €0 | -€98 | -100% |
| Amounts payable within one year | 42/48 | €33,685 | €20,977 | -€12,708 | -37.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,827 | €2,914 | -€5,913 | -67.0% |
| Suppliers | 440/4 | €8,827 | €2,914 | -€5,913 | -67.0% |
| Taxes, remuneration and social security | 45 | €24,858 | €18,063 | -€6,795 | -27.3% |
| Taxes | 450/3 | €17,692 | €13,624 | -€4,068 | -23.0% |
| Remuneration and social security | 454/9 | €7,166 | €4,438 | -€2,727 | -38.1% |
| Non-recurring operating income | 76A | €296 | €0 | -€296 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,604 | €8,854 | +€3,250 | +58.0% |
| Other operating charges | 640/8 | €187 | €653 | +€467 | +250% |
| Gross operating margin | 9900 | €29,994 | €45,199 | +€15,204 | +50.7% |
| Operating profit (loss) | 9901 | €24,204 | €35,692 | +€11,488 | +47.5% |
| Financial income | 75/76B | €12 | €193 | +€181 | +1,497% |
| Recurring financial income | 75 | €12 | €193 | +€181 | +1,497% |
| Financial charges | 65/66B | €281 | €214 | -€68 | -24.0% |
| Recurring financial charges | 65 | €281 | €214 | -€68 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €23,935 | €35,671 | +€11,736 | +49.0% |
| Income taxes | 67/77 | €5,496 | €9,024 | +€3,528 | +64.2% |
| Profit (loss) for the period | 9904 | €18,439 | €26,647 | +€8,208 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,439 | €26,647 | +€8,208 | +44.5% |
Next steps
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 5 November 2026 via checked.be.