Topsportadvies: what changed
Topsportadvies
Largest movements
- Tangible fixed assets -€15,330
down €15,330 (-47.5%), from €32,284 to €16,955
of which Plant, machinery and equipment: -€12,379
- Receivables after one year +€6,502
up €6,502 (+11.3%), from €57,350 to €63,852
- Deferred charges and accrued income -€4,566
down €4,566 (-31.6%), from €14,451 to €9,884
- Receivables within one year -€1,204
down €1,204 (-23.1%), from €5,210 to €4,007
of which Trade receivables: -€1,204
- Current portion of long-term debt -€5,027
down €5,027 (-75.8%), from €6,637 to €1,609
- Tax, wage and social debts -€3,129
down €3,129 (-18.3%), from €17,113 to €13,985
- Debts after one year -€3,000
down €3,000 (-2.5%), from €121,500 to €118,500
of which Other amounts payable: -€3,000
- Trade debts -€2,680
down €2,680 (-21.1%), from €12,678 to €9,999
- Gross operating margin +€19,208
up €19,208 (+390%), from €4,930 to €24,138
- Financial charges -€1,460
down €1,460 (-38.3%), from €3,814 to €2,354
- Other operating charges +€507
up €507 (+33.5%), from €1,512 to €2,019
- Depreciation +€332
up €332 (+1.8%), from €18,530 to €18,862
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,379 | €100,720 | -€13,660 | -11.9% |
| Fixed assets | 21/28 | €33,896 | €18,036 | -€15,860 | -46.8% |
| Intangible fixed assets | 21 | €1,611 | €1,081 | -€530 | -32.9% |
| Tangible fixed assets | 22/27 | €32,284 | €16,955 | -€15,330 | -47.5% |
| Plant, machinery and equipment | 23 | €23,587 | €11,208 | -€12,379 | -52.5% |
| Furniture and vehicles | 24 | €1,875 | €268 | -€1,607 | -85.7% |
| Other tangible fixed assets | 26 | €6,822 | €5,478 | -€1,344 | -19.7% |
| Current assets | 29/58 | €80,484 | €82,684 | +€2,200 | +2.7% |
| Amounts receivable after more than one year | 29 | €57,350 | €63,852 | +€6,502 | +11.3% |
| Other amounts receivable | 291 | €57,350 | €63,852 | +€6,502 | +11.3% |
| Stocks and contracts in progress | 3 | €985 | €1,875 | +€890 | +90.4% |
| Stocks | 30/36 | €985 | €1,875 | +€890 | +90.4% |
| Amounts receivable within one year | 40/41 | €5,210 | €4,007 | -€1,204 | -23.1% |
| Trade receivables | 40 | €5,210 | €4,007 | -€1,204 | -23.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,488 | €3,066 | +€578 | +23.2% |
| Deferred charges and accrued income | 490/1 | €14,451 | €9,884 | -€4,566 | -31.6% |
| Total equity and liabilities | 10/49 | €114,379 | €100,720 | -€13,660 | -11.9% |
| Equity | 10/15 | -€58,549 | -€57,734 | +€815 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,149 | -€76,334 | +€815 | +1.1% |
| Amounts payable | 17/49 | €172,928 | €158,453 | -€14,475 | -8.4% |
| Amounts payable after more than one year | 17 | €121,500 | €118,500 | -€3,000 | -2.5% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €121,500 | €118,500 | -€3,000 | -2.5% |
| Amounts payable within one year | 42/48 | €51,428 | €39,953 | -€11,475 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €6,637 | €1,609 | -€5,027 | -75.8% |
| Financial debts | 43 | €15,000 | €14,361 | -€639 | -4.3% |
| Credit institutions | 430/8 | €15,000 | €14,361 | -€639 | -4.3% |
| Trade debts | 44 | €12,678 | €9,999 | -€2,680 | -21.1% |
| Suppliers | 440/4 | €12,678 | €9,999 | -€2,680 | -21.1% |
| Taxes, remuneration and social security | 45 | €17,113 | €13,985 | -€3,129 | -18.3% |
| Taxes | 450/3 | €17,113 | €13,985 | -€3,129 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,530 | €18,862 | +€332 | +1.8% |
| Other operating charges | 640/8 | €1,512 | €2,019 | +€507 | +33.5% |
| Gross operating margin | 9900 | €4,930 | €24,138 | +€19,208 | +390% |
| Operating profit (loss) | 9901 | -€15,112 | €3,256 | +€18,369 | |
| Financial income | 75/76B | €30 | €54 | +€24 | +77.9% |
| Recurring financial income | 75 | €30 | €54 | +€24 | +77.9% |
| Financial charges | 65/66B | €3,814 | €2,354 | -€1,460 | -38.3% |
| Recurring financial charges | 65 | €3,814 | €2,354 | -€1,460 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,896 | €956 | +€19,852 | |
| Income taxes | 67/77 | €151 | €141 | -€10 | -6.5% |
| Profit (loss) for the period | 9904 | -€19,046 | €815 | +€19,862 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,046 | €815 | +€19,862 |
Next steps
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 5 November 2026 via checked.be.