TopsUp Consulting: 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.
TopsUp Consulting
Largest movements
- Financial fixed assets -€524,943
down €524,943 (-60.0%), from €875,000 to €350,057
- Cash +€190,397
up €190,397 (+126%), from €151,527 to €341,924
mainly Investment in fixed assets (net) (+€524,943) and Net result for the year (+€18,143)
- Current investments +€160,005
up €160,005 (+267%), from €60,000 to €220,005
- Receivables after one year +€112,500
new in 2025: €112,500
- Receivables within one year +€19,985
up €19,985 (+354%), from €5,646 to €25,631
- Tax, wage and social debts -€33,892
down €33,892 (-71.1%), from €47,652 to €13,760
- Other debts -€25,000
no longer reported in 2025 (was €25,000)
- Profit (loss) carried forward +€18,143
up €18,143 (+641%), from €2,830 to €20,973
- Gross operating margin -€45,146
down €45,146 (-39.5%), from €114,226 to €69,079
- Financial charges +€44,251
up €44,251 (+2,881%), from €1,536 to €45,787
- Taxes -€27,791
down €27,791 (-79.5%), from €34,946 to €7,155
- Other operating charges -€4,515
down €4,515 (-91.9%), from €4,915 to €400
- Financial income +€2,406
new in 2025: €2,406
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,092,173 | €1,050,118 | -€42,055 | -3.9% |
| Fixed assets | 21/28 | €875,000 | €350,057 | -€524,943 | -60.0% |
| Financial fixed assets | 28 | €875,000 | €350,057 | -€524,943 | -60.0% |
| Current assets | 29/58 | €217,173 | €700,061 | +€482,888 | +222% |
| Amounts receivable after more than one year | 29 | - | €112,500 | +€112,500 | |
| Trade receivables | 290 | - | €112,500 | +€112,500 | |
| Amounts receivable within one year | 40/41 | €5,646 | €25,631 | +€19,985 | +354% |
| Trade receivables | 40 | €5,646 | €25,631 | +€19,985 | +354% |
| Current investments | 50/53 | €60,000 | €220,005 | +€160,005 | +267% |
| Cash at bank and in hand | 54/58 | €151,527 | €341,924 | +€190,397 | +126% |
| Total equity and liabilities | 10/49 | €1,092,173 | €1,050,118 | -€42,055 | -3.9% |
| Equity | 10/15 | €1,017,830 | €1,035,973 | +€18,143 | +1.8% |
| Contributions | 10/11 | €945,000 | €945,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €70,000 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,830 | €20,973 | +€18,143 | +641% |
| Amounts payable | 17/49 | €74,343 | €14,145 | -€60,198 | -81.0% |
| Amounts payable within one year | 42/48 | €74,343 | €13,760 | -€60,583 | -81.5% |
| Trade debts | 44 | €1,691 | - | -€1,691 | |
| Suppliers | 440/4 | €1,691 | - | -€1,691 | |
| Taxes, remuneration and social security | 45 | €47,652 | €13,760 | -€33,892 | -71.1% |
| Taxes | 450/3 | €47,652 | €13,760 | -€33,892 | -71.1% |
| Other amounts payable | 47/48 | €25,000 | - | -€25,000 | |
| Accrued charges and deferred income | 492/3 | - | €385 | +€385 | |
| Other operating charges | 640/8 | €4,915 | €400 | -€4,515 | -91.9% |
| Gross operating margin | 9900 | €114,226 | €69,079 | -€45,146 | -39.5% |
| Operating profit (loss) | 9901 | €109,311 | €68,680 | -€40,631 | -37.2% |
| Financial income | 75/76B | - | €2,406 | +€2,406 | |
| Recurring financial income | 75 | - | €2,406 | +€2,406 | |
| Financial charges | 65/66B | €1,536 | €45,787 | +€44,251 | +2,881% |
| Recurring financial charges | 65 | €1,536 | €45,787 | +€44,251 | +2,881% |
| Profit (loss) for the period before taxes | 9903 | €107,775 | €25,299 | -€82,477 | -76.5% |
| Income taxes | 67/77 | €34,946 | €7,155 | -€27,791 | -79.5% |
| Profit (loss) for the period | 9904 | €72,830 | €18,143 | -€54,686 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,830 | €18,143 | -€54,686 | -75.1% |
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 25 October 2026 via checked.be.