Topsumma: 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.
What changed
Topsumma
NACE 26.200, Manufacture of computer, electronic and optical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€143,803
2024 · -€431,861+€288,059
Equity
€20.0m
2024 · €20.1m-€143,803
Cash
€246,823
2024 · €129,159+€117,664
Balance sheet total
€42.5m
2024 · €42.2m+€297,105
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year +€440,425
up €440,425 (+2.0%), from €22.0m to €22.5m
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
-€431,861
Staff costs
+€212
Depreciation
-€30,799
Other operating charges
-€23
Other operating items
+€326,824
Financial income
+€0
Financial charges
-€8,178
Taxes
+€22
Result 2025
-€143,803
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€113,903
Investment
-€208,858
Financing
+€440,425
Cash 2024
€129,159
From operations (derived)
-€113,903
Net result for the year
-€143,803
Depreciation
+€30,948
Receivables within one year
-€1,531
Smaller working-capital items
+€482
Investment (derived)
-€208,858
Investment in fixed assets (net)
-€208,858
Financing
+€440,425
Debts after one year
+€440,425
Cash 2025
€246,823
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,219,436 | €42,516,541 | +€297,105 | +0.7% |
| Fixed assets | 21/28 | €42,061,042 | €42,238,952 | +€177,910 | +0.4% |
| Intangible fixed assets | 21 | - | €177,910 | +€177,910 | |
| Financial fixed assets | 28 | €42,061,042 | €42,061,042 | = | 0.0% |
| Affiliated companies | 280/1 | €42,061,042 | €42,061,042 | = | 0.0% |
| Participating interests | 280 | €42,061,042 | €42,061,042 | = | 0.0% |
| Current assets | 29/58 | €158,394 | €277,589 | +€119,195 | +75.3% |
| Amounts receivable within one year | 40/41 | €29,235 | €30,766 | +€1,531 | +5.2% |
| Trade receivables | 40 | €29,235 | €30,766 | +€1,531 | +5.2% |
| Cash at bank and in hand | 54/58 | €129,159 | €246,823 | +€117,664 | +91.1% |
| Total equity and liabilities | 10/49 | €42,219,436 | €42,516,541 | +€297,105 | +0.7% |
| Equity | 10/15 | €20,138,519 | €19,994,716 | -€143,803 | -0.7% |
| Contributions | 10/11 | €12,598,794 | €12,598,794 | = | 0.0% |
| Capital | 10 | €12,166,125 | €12,166,125 | = | 0.0% |
| Issued capital | 100 | €12,166,125 | €12,166,125 | = | 0.0% |
| Contributions outside capital | 11 | €432,669 | €432,669 | = | 0.0% |
| Share premium | 1100/10 | €432,669 | €432,669 | = | 0.0% |
| Reserves | 13 | €464,576 | €464,576 | = | 0.0% |
| Non-distributable reserves | 130/1 | €464,576 | €464,576 | = | 0.0% |
| Legal reserve | 130 | €464,576 | €464,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,075,148 | €6,931,346 | -€143,803 | -2.0% |
| Amounts payable | 17/49 | €22,080,917 | €22,521,825 | +€440,907 | +2.0% |
| Amounts payable after more than one year | 17 | €22,021,255 | €22,461,680 | +€440,425 | +2.0% |
| Financial debts | 170/4 | €22,021,255 | €22,461,680 | +€440,425 | +2.0% |
| Other loans | 174 | €22,021,255 | €22,461,680 | +€440,425 | +2.0% |
| Amounts payable within one year | 42/48 | €59,662 | €60,144 | +€482 | +0.8% |
| Trade debts | 44 | €5,182 | €4,611 | -€571 | -11.0% |
| Suppliers | 440/4 | €5,182 | €4,611 | -€571 | -11.0% |
| Taxes, remuneration and social security | 45 | €54,480 | €55,533 | +€1,054 | +1.9% |
| Taxes | 450/3 | €12,144 | €12,654 | +€510 | +4.2% |
| Remuneration and social security | 454/9 | €42,336 | €42,879 | +€544 | +1.3% |
| Operating income | 70/76A | €238,117 | €574,746 | +€336,630 | +141% |
| Own construction capitalised | 72 | - | €208,858 | +€208,858 | |
| Other operating income | 74 | €238,117 | €251,176 | +€13,059 | +5.5% |
| Non-recurring operating income | 76A | - | €114,713 | +€114,713 | |
| Operating charges | 60/66A | €233,241 | €273,657 | +€40,415 | +17.3% |
| Services and other goods | 61 | €15,039 | €24,845 | +€9,806 | +65.2% |
| Remuneration, social security and pensions | 62 | €217,305 | €217,093 | -€212 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149 | €30,948 | +€30,799 | +20,607% |
| Other operating charges | 640/8 | €748 | €771 | +€23 | +3.1% |
| Operating profit (loss) | 9901 | €4,875 | €301,090 | +€296,215 | +6,076% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €436,251 | €444,429 | +€8,178 | +1.9% |
| Recurring financial charges | 65 | €436,251 | €444,429 | +€8,178 | +1.9% |
| Debt charges | 650 | €431,891 | €440,425 | +€8,534 | +2.0% |
| Other financial charges | 652/9 | €4,359 | €4,003 | -€356 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€431,375 | -€143,339 | +€288,037 | +66.8% |
| Income taxes | 67/77 | €486 | €464 | -€22 | -4.5% |
| Taxes | 670/3 | €486 | €464 | -€22 | -4.5% |
| Profit (loss) for the period | 9904 | -€431,861 | -€143,803 | +€288,059 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€431,861 | -€143,803 | +€288,059 | +66.7% |
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 19 October 2026 via checked.be.