TOPSPIN: what changed
What changed
TOPSPIN
NACE 56.301, Cafés and bars
filed annual accounts (NBB)
Net result for the year
-€13,899
2024 · -€17,853+€3,954
Equity
€315,586
2024 · €329,486-€13,899
Cash
€333,036
2024 · €169,119+€163,918
Balance sheet total
€1.8m
2024 · €1.7m+€95,718
Largest movements
Assets
- Cash +€163,918
up €163,918 (+96.9%), from €169,119 to €333,036
mainly Debts after one year (+€140,928) and Depreciation (+€80,494)
- Receivables within one year -€48,868
down €48,868 (-80.2%), from €60,930 to €12,062
of which Trade receivables: -€48,012
- Tangible fixed assets -€18,998
down €18,998 (-2.7%), from €712,938 to €693,939
of which Plant, machinery and equipment: -€29,502
Equity and liabilities
- Debts after one year +€140,928
up €140,928 (+41.4%), from €340,511 to €481,438
- Current portion of long-term debt -€25,280
down €25,280 (-41.1%), from €61,496 to €36,216
- Trade debts -€19,640
down €19,640 (-29.4%), from €66,814 to €47,174
Income statement
- Gross operating margin +€25,460
up €25,460 (+15.5%), from €164,616 to €190,077
- Other operating charges +€12,768
up €12,768 (+60.2%), from €21,211 to €33,979
- Depreciation +€6,888
up €6,888 (+9.4%), from €73,606 to €80,494
- Financial income +€4,899
up €4,899 (+136%), from €3,607 to €8,506
- Staff costs +€4,059
up €4,059 (+5.0%), from €81,727 to €85,786
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
-€17,853
Gross operating margin
+€25,460
Staff costs
-€4,059
Depreciation
-€6,888
Other operating charges
-€12,768
Financial income
+€4,899
Financial charges
-€2,552
Taxes
-€138
Result 2025
-€13,899
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
+€109,765
Investment
-€61,496
Financing
+€115,648
Cash 2024
€169,119
From operations (derived)
+€109,765
Net result for the year
-€13,899
Depreciation
+€80,494
Stocks and contracts
+€501
Receivables within one year
+€48,868
Deferred charges and accrued income
-€167
Trade debts
-€19,640
Tax, wage and social debts
+€3,301
Other debts
+€8,028
Accrued charges and deferred income
+€2,280
Investment (derived)
-€61,496
Investment in fixed assets (net)
-€61,496
Financing
+€115,648
Debts after one year
+€140,928
Current portion of long-term debt
-€25,280
Cash 2025
€333,036
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,689,650 | €1,785,368 | +€95,718 | +5.7% |
| Fixed assets | 21/28 | €1,445,819 | €1,426,821 | -€18,998 | -1.3% |
| Tangible fixed assets | 22/27 | €712,938 | €693,939 | -€18,998 | -2.7% |
| Land and buildings | 22 | €322,078 | €332,415 | +€10,337 | +3.2% |
| Plant, machinery and equipment | 23 | €388,617 | €359,115 | -€29,502 | -7.6% |
| Furniture and vehicles | 24 | €2,098 | €2,409 | +€312 | +14.8% |
| Other tangible fixed assets | 26 | €145 | - | -€145 | |
| Financial fixed assets | 28 | €732,882 | €732,882 | = | 0.0% |
| Current assets | 29/58 | €243,830 | €358,547 | +€114,716 | +47.0% |
| Stocks and contracts in progress | 3 | €5,756 | €5,255 | -€501 | -8.7% |
| Stocks | 30/36 | €5,756 | €5,255 | -€501 | -8.7% |
| Amounts receivable within one year | 40/41 | €60,930 | €12,062 | -€48,868 | -80.2% |
| Trade receivables | 40 | €55,747 | €7,734 | -€48,012 | -86.1% |
| Other amounts receivable | 41 | €5,183 | €4,328 | -€855 | -16.5% |
| Cash at bank and in hand | 54/58 | €169,119 | €333,036 | +€163,918 | +96.9% |
| Deferred charges and accrued income | 490/1 | €8,026 | €8,193 | +€167 | +2.1% |
| Total equity and liabilities | 10/49 | €1,689,650 | €1,785,368 | +€95,718 | +5.7% |
| Equity | 10/15 | €329,486 | €315,586 | -€13,899 | -4.2% |
| Contributions | 10/11 | €555,000 | €555,000 | = | 0.0% |
| Capital | 10 | €555,000 | €555,000 | = | 0.0% |
| Issued capital | 100 | €555,000 | €555,000 | = | 0.0% |
| Reserves | 13 | €10,535 | €10,535 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,535 | €10,535 | = | 0.0% |
| Legal reserve | 130 | €10,535 | €10,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€236,050 | -€249,949 | -€13,899 | -5.9% |
| Amounts payable | 17/49 | €1,360,164 | €1,469,781 | +€109,617 | +8.1% |
| Amounts payable after more than one year | 17 | €340,511 | €481,438 | +€140,928 | +41.4% |
| Financial debts | 170/4 | €340,511 | €481,438 | +€140,928 | +41.4% |
| Amounts payable within one year | 42/48 | €985,090 | €951,499 | -€33,590 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €61,496 | €36,216 | -€25,280 | -41.1% |
| Trade debts | 44 | €66,814 | €47,174 | -€19,640 | -29.4% |
| Suppliers | 440/4 | €66,814 | €47,174 | -€19,640 | -29.4% |
| Taxes, remuneration and social security | 45 | €8,192 | €11,493 | +€3,301 | +40.3% |
| Taxes | 450/3 | €4,124 | €7,383 | +€3,260 | +79.0% |
| Remuneration and social security | 454/9 | €4,069 | €4,110 | +€41 | +1.0% |
| Other amounts payable | 47/48 | €848,588 | €856,616 | +€8,028 | +0.9% |
| Accrued charges and deferred income | 492/3 | €34,564 | €36,844 | +€2,280 | +6.6% |
| Remuneration, social security and pensions | 62 | €81,727 | €85,786 | +€4,059 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,606 | €80,494 | +€6,888 | +9.4% |
| Other operating charges | 640/8 | €21,211 | €33,979 | +€12,768 | +60.2% |
| Gross operating margin | 9900 | €164,616 | €190,077 | +€25,460 | +15.5% |
| Operating profit (loss) | 9901 | -€11,928 | -€10,183 | +€1,745 | +14.6% |
| Financial income | 75/76B | €3,607 | €8,506 | +€4,899 | +136% |
| Recurring financial income | 75 | €3,607 | €8,506 | +€4,899 | +136% |
| Financial charges | 65/66B | €9,430 | €11,983 | +€2,552 | +27.1% |
| Recurring financial charges | 65 | €9,430 | €11,983 | +€2,552 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,751 | -€13,659 | +€4,092 | +23.1% |
| Income taxes | 67/77 | €102 | €240 | +€138 | +135% |
| Profit (loss) for the period | 9904 | -€17,853 | -€13,899 | +€3,954 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,853 | -€13,899 | +€3,954 | +22.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.