TOPROVAN: what changed
Two fiscal 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.
TOPROVAN
Largest movements
- Cash +€39,756
up €39,756 (+63.9%), from €62,258 to €102,015
mainly Net result for the year (+€43,404) and Tax, wage and social debts (+€2,408)
- Receivables within one year +€5,544
up €5,544 (+30.1%), from €18,443 to €23,987
of which Other amounts receivable: +€6,582
- Reserves +€43,404
up €43,404 (+78.0%), from €55,633 to €99,036
- Tax, wage and social debts +€2,408
up €2,408 (+10.2%), from €23,623 to €26,031
- Accrued charges and deferred income -€1,325
down €1,325 (-100.0%), from €1,325 to €0
- Taxes -€3,690
down €3,690 (-17.6%), from €20,987 to €17,297
- Financial charges +€2,147
up €2,147 (+1468.9%), from €146 to €2,293
- Gross operating margin +€2,086
up €2,086 (+3.2%), from €64,323 to €66,408
- Staff costs +€914
new in 2025: €914
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.
Cash bridge derived
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 | €83,126 | €127,974 | +€44,848 | +54.0% |
| Fixed assets | 21/28 | €2,424 | €1,226 | -€1,198 | -49.4% |
| Tangible fixed assets | 22/27 | €2,424 | €1,226 | -€1,198 | -49.4% |
| Plant, machinery and equipment | 23 | €2,424 | €1,226 | -€1,198 | -49.4% |
| Current assets | 29/58 | €80,702 | €126,748 | +€46,046 | +57.1% |
| Amounts receivable within one year | 40/41 | €18,443 | €23,987 | +€5,544 | +30.1% |
| Trade receivables | 40 | €18,443 | €17,405 | -€1,039 | -5.6% |
| Other amounts receivable | 41 | €0 | €6,582 | +€6,582 | |
| Cash at bank and in hand | 54/58 | €62,258 | €102,015 | +€39,756 | +63.9% |
| Deferred charges and accrued income | 490/1 | - | €746 | +€746 | |
| Total equity and liabilities | 10/49 | €83,126 | €127,974 | +€44,848 | +54.0% |
| Equity | 10/15 | €57,633 | €101,036 | +€43,404 | +75.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,633 | €99,036 | +€43,404 | +78.0% |
| Distributable reserves | 133 | €55,633 | €99,036 | +€43,404 | +78.0% |
| Amounts payable | 17/49 | €25,494 | €26,938 | +€1,444 | +5.7% |
| Amounts payable within one year | 42/48 | €24,169 | €26,938 | +€2,769 | +11.5% |
| Trade debts | 44 | €131 | €907 | +€776 | +591.2% |
| Suppliers | 440/4 | €131 | €907 | +€776 | +591.2% |
| Taxes, remuneration and social security | 45 | €23,623 | €26,031 | +€2,408 | +10.2% |
| Taxes | 450/3 | €23,623 | €26,031 | +€2,408 | +10.2% |
| Other amounts payable | 47/48 | €415 | €0 | -€415 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,325 | €0 | -€1,325 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €914 | +€914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €694 | €1,198 | +€503 | +72.5% |
| Other operating charges | 640/8 | €1,621 | €1,397 | -€224 | -13.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €64,323 | €66,408 | +€2,086 | +3.2% |
| Operating profit (loss) | 9901 | €62,007 | €62,900 | +€892 | +1.4% |
| Financial income | 75/76B | €338 | €94 | -€244 | -72.2% |
| Recurring financial income | 75 | €338 | €94 | -€244 | -72.2% |
| Financial charges | 65/66B | €146 | €2,293 | +€2,147 | +1468.9% |
| Recurring financial charges | 65 | €146 | €2,293 | +€2,147 | +1468.9% |
| Profit (loss) for the period before taxes | 9903 | €62,199 | €60,700 | -€1,499 | -2.4% |
| Income taxes | 67/77 | €20,987 | €17,297 | -€3,690 | -17.6% |
| Profit (loss) for the period | 9904 | €41,212 | €43,404 | +€2,192 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,212 | €43,404 | +€2,192 | +5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.