Tops Consulting: 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.
Tops Consulting
Largest movements
- Tangible fixed assets +€58,552
up €58,552 (+135%), from €43,530 to €102,082
of which Plant, machinery and equipment: +€34,846
- Receivables within one year +€38,302
up €38,302 (+104%), from €36,922 to €75,224
of which Trade receivables: +€32,194
- Cash -€26,976
down €26,976 (-34.9%), from €77,188 to €50,212
mainly Investment in fixed assets (net) (-€84,415) and Receivables within one year (-€38,302)
- Stocks and contracts +€7,905
up €7,905 (+148%), from €5,340 to €13,245
- Debts after one year +€35,741
up €35,741 (+233%), from €15,318 to €51,059
- Other debts +€22,956
up €22,956 (+419%), from €5,476 to €28,432
- Current portion of long-term debt +€12,975
up €12,975 (+84.5%), from €15,362 to €28,337
- Reserves +€7,759
up €7,759 (+7.3%), from €106,794 to €114,553
- Gross operating margin +€18,565
up €18,565 (+30.8%), from €60,218 to €78,783
- Depreciation +€7,439
up €7,439 (+40.4%), from €18,425 to €25,864
- Other operating charges +€2,435
up €2,435 (+428%), from €569 to €3,004
- Taxes +€1,392
up €1,392 (+16.1%), from €8,670 to €10,062
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 | €162,980 | €242,063 | +€79,083 | +48.5% |
| Fixed assets | 21/28 | €43,530 | €102,082 | +€58,552 | +135% |
| Tangible fixed assets | 22/27 | €43,530 | €102,082 | +€58,552 | +135% |
| Plant, machinery and equipment | 23 | €3,549 | €38,395 | +€34,846 | +982% |
| Furniture and vehicles | 24 | €37,760 | €60,943 | +€23,182 | +61.4% |
| Other tangible fixed assets | 26 | €2,221 | €2,744 | +€524 | +23.6% |
| Current assets | 29/58 | €119,450 | €139,981 | +€20,531 | +17.2% |
| Stocks and contracts in progress | 3 | €5,340 | €13,245 | +€7,905 | +148% |
| Stocks | 30/36 | €5,340 | €13,245 | +€7,905 | +148% |
| Amounts receivable within one year | 40/41 | €36,922 | €75,224 | +€38,302 | +104% |
| Trade receivables | 40 | €35,692 | €67,886 | +€32,194 | +90.2% |
| Other amounts receivable | 41 | €1,231 | €7,338 | +€6,107 | +496% |
| Cash at bank and in hand | 54/58 | €77,188 | €50,212 | -€26,976 | -34.9% |
| Deferred charges and accrued income | 490/1 | - | €1,300 | +€1,300 | |
| Total equity and liabilities | 10/49 | €162,980 | €242,063 | +€79,083 | +48.5% |
| Equity | 10/15 | €111,794 | €119,553 | +€7,759 | +6.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €106,794 | €114,553 | +€7,759 | +7.3% |
| Distributable reserves | 133 | €106,794 | €114,553 | +€7,759 | +7.3% |
| Amounts payable | 17/49 | €51,186 | €122,510 | +€71,324 | +139% |
| Amounts payable after more than one year | 17 | €15,318 | €51,059 | +€35,741 | +233% |
| Financial debts | 170/4 | €15,318 | €51,059 | +€35,741 | +233% |
| Amounts payable within one year | 42/48 | €35,869 | €71,452 | +€35,583 | +99.2% |
| Current portion of amounts payable after more than one year | 42 | €15,362 | €28,337 | +€12,975 | +84.5% |
| Trade debts | 44 | - | €26 | +€26 | |
| Suppliers | 440/4 | - | €26 | +€26 | |
| Taxes, remuneration and social security | 45 | €15,031 | €14,657 | -€374 | -2.5% |
| Taxes | 450/3 | €15,031 | €14,657 | -€374 | -2.5% |
| Other amounts payable | 47/48 | €5,476 | €28,432 | +€22,956 | +419% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,425 | €25,864 | +€7,439 | +40.4% |
| Other operating charges | 640/8 | €569 | €3,004 | +€2,435 | +428% |
| Gross operating margin | 9900 | €60,218 | €78,783 | +€18,565 | +30.8% |
| Operating profit (loss) | 9901 | €41,224 | €49,916 | +€8,691 | +21.1% |
| Financial charges | 65/66B | €1,984 | €2,095 | +€111 | +5.6% |
| Recurring financial charges | 65 | €1,984 | €2,095 | +€111 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €39,240 | €47,821 | +€8,580 | +21.9% |
| Income taxes | 67/77 | €8,670 | €10,062 | +€1,392 | +16.1% |
| Profit (loss) for the period | 9904 | €30,571 | €37,759 | +€7,188 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,571 | €37,759 | +€7,188 | +23.5% |
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 27 October 2026 via checked.be.