Tops Services: 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.
Tops Services
Largest movements
- Tangible fixed assets -€12,554
down €12,554 (-31.9%), from €39,398 to €26,844
- Cash +€6,056
up €6,056 (+46.2%), from €13,100 to €19,156
mainly Depreciation (+€12,554) and Net result for the year (+€9,626)
- Receivables within one year +€5,535
up €5,535 (+57.5%), from €9,626 to €15,161
of which Trade receivables: +€2,826
- Debts after one year -€13,215
down €13,215 (-35.6%), from €37,149 to €23,934
- Tax, wage and social debts +€7,876
up €7,876 (+187.0%), from €4,213 to €12,089
of which Remuneration and social security: +€4,799
- Reserves +€2,926
up €2,926 (+10.1%), from €28,978 to €31,904
of which Distributable reserves: +€31,904
- Trade debts +€1,690
up €1,690 (+184.6%), from €915 to €2,605
- Gross operating margin +€17,886
up €17,886 (+65.9%), from €27,124 to €45,010
- Staff costs +€9,145
up €9,145 (+159.3%), from €5,741 to €14,885
- Taxes +€5,010
up €5,010 (+2158.7%), from €232 to €5,242
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 | €62,124 | €61,161 | -€963 | -1.6% |
| Fixed assets | 21/28 | €39,398 | €26,844 | -€12,554 | -31.9% |
| Tangible fixed assets | 22/27 | €39,398 | €26,844 | -€12,554 | -31.9% |
| Land and buildings | 22 | €23,747 | €18,499 | -€5,248 | -22.1% |
| Plant, machinery and equipment | 23 | €13,642 | €8,346 | -€5,297 | -38.8% |
| Furniture and vehicles | 24 | €2,009 | €0 | -€2,009 | -100.0% |
| Current assets | 29/58 | €22,726 | €34,317 | +€11,591 | +51.0% |
| Amounts receivable within one year | 40/41 | €9,626 | €15,161 | +€5,535 | +57.5% |
| Trade receivables | 40 | - | €2,826 | +€2,826 | |
| Other amounts receivable | 41 | €9,626 | €12,335 | +€2,710 | +28.1% |
| Cash at bank and in hand | 54/58 | €13,100 | €19,156 | +€6,056 | +46.2% |
| Total equity and liabilities | 10/49 | €62,124 | €61,161 | -€963 | -1.6% |
| Equity | 10/15 | €1,593 | €4,518 | +€2,926 | +183.7% |
| Contributions | 10/11 | €8,184 | €8,184 | = | 0.0% |
| Reserves | 13 | €28,978 | €31,904 | +€2,926 | +10.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €28,978 | €0 | -€28,978 | -100.0% |
| Distributable reserves | 133 | €0 | €31,904 | +€31,904 | |
| Profit (loss) carried forward | 14 | -€35,569 | -€35,569 | = | 0.0% |
| Amounts payable | 17/49 | €60,531 | €56,642 | -€3,889 | -6.4% |
| Amounts payable after more than one year | 17 | €37,149 | €23,934 | -€13,215 | -35.6% |
| Financial debts | 170/4 | €37,149 | €23,934 | -€13,215 | -35.6% |
| Amounts payable within one year | 42/48 | €22,907 | €32,709 | +€9,802 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | €12,980 | €13,215 | +€236 | +1.8% |
| Trade debts | 44 | €915 | €2,605 | +€1,690 | +184.6% |
| Suppliers | 440/4 | €915 | €2,605 | +€1,690 | +184.6% |
| Taxes, remuneration and social security | 45 | €4,213 | €12,089 | +€7,876 | +187.0% |
| Taxes | 450/3 | €3,494 | €6,572 | +€3,077 | +88.1% |
| Remuneration and social security | 454/9 | €718 | €5,517 | +€4,799 | +668.3% |
| Other amounts payable | 47/48 | €4,800 | €4,800 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €475 | €0 | -€475 | -100.0% |
| Non-recurring operating income | 76A | - | €6,700 | +€6,700 | |
| Remuneration, social security and pensions | 62 | €5,741 | €14,885 | +€9,145 | +159.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,554 | €12,554 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,323 | €2,043 | -€280 | -12.1% |
| Gross operating margin | 9900 | €27,124 | €45,010 | +€17,886 | +65.9% |
| Operating profit (loss) | 9901 | €6,507 | €15,528 | +€9,021 | +138.6% |
| Financial income | 75/76B | €349 | €595 | +€246 | +70.6% |
| Recurring financial income | 75 | €349 | €595 | +€246 | +70.6% |
| Financial charges | 65/66B | €1,474 | €1,255 | -€219 | -14.9% |
| Recurring financial charges | 65 | €1,474 | €1,255 | -€219 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €5,382 | €14,868 | +€9,487 | +176.3% |
| Income taxes | 67/77 | €232 | €5,242 | +€5,010 | +2158.7% |
| Profit (loss) for the period | 9904 | €5,149 | €9,626 | +€4,476 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,149 | €9,626 | +€4,476 | +86.9% |
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.