TÖPPER RUBEN: 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.
TÖPPER RUBEN
Largest movements
- Deferred charges and accrued income +€10,999
up €10,999 (+61.0%), from €18,031 to €29,030
- Cash -€7,908
down €7,908 (-40.8%), from €19,386 to €11,478
mainly Deferred charges and accrued income (-€10,999) and Tax, wage and social debts (-€6,277)
- Receivables within one year +€4,630
up €4,630 (+208%), from €2,222 to €6,852
of which Trade receivables: +€3,786
- Tangible fixed assets -€2,306
down €2,306 (-59.1%), from €3,905 to €1,599
of which Furniture and vehicles: -€2,083
- Advances received +€15,901
up €15,901 (+83.2%), from €19,111 to €35,012
- Tax, wage and social debts -€6,277
down €6,277 (-92.3%), from €6,804 to €527
of which Remuneration and social security: -€6,655
- Profit (loss) carried forward -€4,627
down €4,627 (-84.5%), from -€5,478 to -€10,105
- Trade debts +€2,623
up €2,623 (+17.8%), from €14,702 to €17,325
- Current portion of long-term debt -€1,533
no longer reported in 2025 (was €1,533)
- Staff costs +€1,610
new in 2025: €1,610
- Financial charges -€1,382
down €1,382 (-79.2%), from €1,746 to €364
- Depreciation -€1,042
down €1,042 (-31.1%), from €3,348 to €2,306
- Gross operating margin -€443
down €443 (-75.0%), from €591 to €148
- Taxes -€320
no longer reported in 2025 (was €320)
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 | €43,544 | €48,959 | +€5,415 | +12.4% |
| Fixed assets | 21/28 | €3,905 | €1,599 | -€2,306 | -59.1% |
| Tangible fixed assets | 22/27 | €3,905 | €1,599 | -€2,306 | -59.1% |
| Land and buildings | 22 | €1,822 | €1,599 | -€223 | -12.2% |
| Furniture and vehicles | 24 | €2,083 | - | -€2,083 | |
| Current assets | 29/58 | €39,639 | €47,360 | +€7,721 | +19.5% |
| Amounts receivable within one year | 40/41 | €2,222 | €6,852 | +€4,630 | +208% |
| Trade receivables | 40 | - | €3,786 | +€3,786 | |
| Other amounts receivable | 41 | €2,222 | €3,066 | +€844 | +38.0% |
| Cash at bank and in hand | 54/58 | €19,386 | €11,478 | -€7,908 | -40.8% |
| Deferred charges and accrued income | 490/1 | €18,031 | €29,030 | +€10,999 | +61.0% |
| Total equity and liabilities | 10/49 | €43,544 | €48,959 | +€5,415 | +12.4% |
| Equity | 10/15 | €722 | -€3,905 | -€4,627 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,478 | -€10,105 | -€4,627 | -84.5% |
| Amounts payable | 17/49 | €42,822 | €52,864 | +€10,042 | +23.5% |
| Amounts payable within one year | 42/48 | €42,150 | €52,864 | +€10,714 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €1,533 | - | -€1,533 | |
| Trade debts | 44 | €14,702 | €17,325 | +€2,623 | +17.8% |
| Suppliers | 440/4 | €14,702 | €17,325 | +€2,623 | +17.8% |
| Advances received on contracts in progress | 46 | €19,111 | €35,012 | +€15,901 | +83.2% |
| Taxes, remuneration and social security | 45 | €6,804 | €527 | -€6,277 | -92.3% |
| Taxes | 450/3 | €149 | €527 | +€378 | +254% |
| Remuneration and social security | 454/9 | €6,655 | - | -€6,655 | |
| Accrued charges and deferred income | 492/3 | €672 | - | -€672 | |
| Remuneration, social security and pensions | 62 | - | €1,610 | +€1,610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,348 | €2,306 | -€1,042 | -31.1% |
| Other operating charges | 640/8 | €639 | €500 | -€139 | -21.8% |
| Gross operating margin | 9900 | €591 | €148 | -€443 | -75.0% |
| Operating profit (loss) | 9901 | -€3,396 | -€4,268 | -€872 | -25.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,746 | €364 | -€1,382 | -79.2% |
| Recurring financial charges | 65 | €1,746 | €364 | -€1,382 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,142 | -€4,627 | +€515 | +10.0% |
| Income taxes | 67/77 | €320 | - | -€320 | |
| Profit (loss) for the period | 9904 | -€5,462 | -€4,627 | +€835 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,462 | -€4,627 | +€835 | +15.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.