TOPSERV: what changed
What changed
TOPSERV
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€297,718
2024 · €89,338+€208,380
Equity
€1.5m
2024 · €1.2m+€297,718
Cash
€197,663
2024 · €24,035+€173,628
Balance sheet total
€1.6m
2024 · €1.2m+€400,828
Largest movements
Assets
- Current investments +€399,909
up €399,909 (+136%), from €293,396 to €693,305
- Cash +€173,628
up €173,628 (+722%), from €24,035 to €197,663
mainly Net result for the year (+€297,718) and Receivables after one year (+€168,236)
- Receivables after one year -€168,236
no longer reported in 2025 (was €168,236)
Equity and liabilities
- Reserves +€297,700
up €297,700 (+64.0%), from €465,024 to €762,724
- Tax, wage and social debts +€107,302
up €107,302 (+499%), from €21,494 to €128,795
Income statement
- Financial income +€334,042
up €334,042 (+13,041%), from €2,561 to €336,603
- Taxes +€95,665
up €95,665 (+226%), from €42,249 to €137,913
- Financial charges +€21,925
up €21,925 (+1,678%), from €1,307 to €23,231
- Gross operating margin -€7,220
down €7,220 (-5.2%), from €138,298 to €131,078
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.
Result 2024
€89,338
Gross operating margin
-€7,220
Depreciation
+€46
Other operating charges
-€898
Financial income
+€334,042
Financial charges
-€21,925
Taxes
-€95,665
Result 2025
€297,718
raises the resultlowers the result
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.
From operations
+€565,127
Investment
-€399,909
Financing
+€8,410
Cash 2024
€24,035
From operations (derived)
+€565,127
Net result for the year
+€297,718
Depreciation
+€5,306
Receivables after one year
+€168,236
Smaller working-capital items
-€833
Trade debts
-€12,601
Tax, wage and social debts
+€107,302
Investment (derived)
-€399,909
Current investments
-€399,909
Financing
+€8,410
Short-term financial debts
+€8,410
Cash 2025
€197,663
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,248,902 | €1,649,730 | +€400,828 | +32.1% |
| Fixed assets | 21/28 | €733,849 | €728,544 | -€5,306 | -0.7% |
| Tangible fixed assets | 22/27 | €633,849 | €628,544 | -€5,306 | -0.8% |
| Land and buildings | 22 | €605,166 | €605,166 | = | 0.0% |
| Plant, machinery and equipment | 23 | €461 | - | -€461 | |
| Furniture and vehicles | 24 | €554 | €89 | -€465 | -83.9% |
| Other tangible fixed assets | 26 | €27,669 | €23,289 | -€4,380 | -15.8% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €515,052 | €921,186 | +€406,134 | +78.9% |
| Amounts receivable after more than one year | 29 | €168,236 | - | -€168,236 | |
| Other amounts receivable | 291 | €168,236 | - | -€168,236 | |
| Amounts receivable within one year | 40/41 | €29,179 | €29,954 | +€776 | +2.7% |
| Trade receivables | 40 | €22,385 | €14,765 | -€7,620 | -34.0% |
| Other amounts receivable | 41 | €6,794 | €15,189 | +€8,396 | +124% |
| Current investments | 50/53 | €293,396 | €693,305 | +€399,909 | +136% |
| Cash at bank and in hand | 54/58 | €24,035 | €197,663 | +€173,628 | +722% |
| Deferred charges and accrued income | 490/1 | €206 | €264 | +€58 | +28.1% |
| Total equity and liabilities | 10/49 | €1,248,902 | €1,649,730 | +€400,828 | +32.1% |
| Equity | 10/15 | €1,213,434 | €1,511,151 | +€297,718 | +24.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €465,024 | €762,724 | +€297,700 | +64.0% |
| Distributable reserves | 133 | €465,024 | €762,724 | +€297,700 | +64.0% |
| Profit (loss) carried forward | 14 | €729,817 | €729,835 | +€18 | 0.0% |
| Amounts payable | 17/49 | €35,468 | €138,579 | +€103,110 | +291% |
| Amounts payable within one year | 42/48 | €35,468 | €138,579 | +€103,110 | +291% |
| Financial debts | 43 | - | €8,410 | +€8,410 | |
| Credit institutions | 430/8 | - | €8,410 | +€8,410 | |
| Trade debts | 44 | €13,975 | €1,373 | -€12,601 | -90.2% |
| Suppliers | 440/4 | €13,975 | €1,373 | -€12,601 | -90.2% |
| Taxes, remuneration and social security | 45 | €21,494 | €128,795 | +€107,302 | +499% |
| Taxes | 450/3 | €21,494 | €128,795 | +€107,302 | +499% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,351 | €5,306 | -€46 | -0.9% |
| Other operating charges | 640/8 | €2,615 | €3,513 | +€898 | +34.3% |
| Gross operating margin | 9900 | €138,298 | €131,078 | -€7,220 | -5.2% |
| Operating profit (loss) | 9901 | €130,332 | €122,260 | -€8,072 | -6.2% |
| Financial income | 75/76B | €2,561 | €336,603 | +€334,042 | +13,041% |
| Recurring financial income | 75 | €2,561 | €336,603 | +€334,042 | +13,041% |
| Financial charges | 65/66B | €1,307 | €23,231 | +€21,925 | +1,678% |
| Recurring financial charges | 65 | €1,307 | €23,231 | +€21,925 | +1,678% |
| Profit (loss) for the period before taxes | 9903 | €131,586 | €435,631 | +€304,045 | +231% |
| Income taxes | 67/77 | €42,249 | €137,913 | +€95,665 | +226% |
| Profit (loss) for the period | 9904 | €89,338 | €297,718 | +€208,380 | +233% |
| Profit (loss) for the period to be appropriated | 9905 | €89,338 | €297,718 | +€208,380 | +233% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 2 November 2026 via checked.be.