Topsy: what changed
Two fiscal 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.
Topsy
Largest movements
- Cash +€53,891
up €53,891 (+107.8%), from €49,987 to €103,878
mainly Net result for the year (+€52,276) and Receivables within one year (+€2,023)
- Receivables within one year -€2,023
down €2,023 (-11.2%), from €18,110 to €16,087
of which Other amounts receivable: -€2,023
- Tangible fixed assets +€1,970
up €1,970 (+193.6%), from €1,017 to €2,988
of which Furniture and vehicles: +€1,739
- Profit (loss) carried forward +€52,276
up €52,276 (+84.0%), from €62,254 to €114,530
- Gross operating margin -€15,201
down €15,201 (-18.1%), from €84,043 to €68,842
- Taxes -€4,604
down €4,604 (-23.5%), from €19,631 to €15,027
- Other operating charges -€980
down €980 (-50.0%), from €1,962 to €982
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.
Cash bridge derived
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 | €69,959 | €123,806 | +€53,847 | +77.0% |
| Fixed assets | 21/28 | €1,017 | €2,988 | +€1,970 | +193.6% |
| Tangible fixed assets | 22/27 | €1,017 | €2,988 | +€1,970 | +193.6% |
| Plant, machinery and equipment | 23 | - | €467 | +€467 | |
| Furniture and vehicles | 24 | - | €1,739 | +€1,739 | |
| Other tangible fixed assets | 26 | €1,017 | €781 | -€236 | -23.2% |
| Current assets | 29/58 | €68,942 | €120,818 | +€51,877 | +75.2% |
| Amounts receivable within one year | 40/41 | €18,110 | €16,087 | -€2,023 | -11.2% |
| Trade receivables | 40 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 41 | €3,110 | €1,087 | -€2,023 | -65.1% |
| Cash at bank and in hand | 54/58 | €49,987 | €103,878 | +€53,891 | +107.8% |
| Deferred charges and accrued income | 490/1 | €845 | €853 | +€9 | +1.0% |
| Total equity and liabilities | 10/49 | €69,959 | €123,806 | +€53,847 | +77.0% |
| Equity | 10/15 | €65,254 | €117,530 | +€52,276 | +80.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,254 | €114,530 | +€52,276 | +84.0% |
| Amounts payable | 17/49 | €4,706 | €6,276 | +€1,570 | +33.4% |
| Amounts payable within one year | 42/48 | €4,706 | €6,276 | +€1,570 | +33.4% |
| Financial debts | 43 | - | €290 | +€290 | |
| Credit institutions | 430/8 | - | €290 | +€290 | |
| Trade debts | 44 | €1,911 | €2,135 | +€224 | +11.7% |
| Suppliers | 440/4 | €1,911 | €2,135 | +€224 | +11.7% |
| Taxes, remuneration and social security | 45 | €631 | €658 | +€27 | +4.3% |
| Taxes | 450/3 | €631 | €658 | +€27 | +4.3% |
| Other amounts payable | 47/48 | €2,164 | €3,194 | +€1,030 | +47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163 | €461 | +€298 | +183.0% |
| Other operating charges | 640/8 | €1,962 | €982 | -€980 | -50.0% |
| Gross operating margin | 9900 | €84,043 | €68,842 | -€15,201 | -18.1% |
| Operating profit (loss) | 9901 | €81,918 | €67,399 | -€14,519 | -17.7% |
| Financial income | 75/76B | €42 | €4 | -€38 | -91.5% |
| Recurring financial income | 75 | €42 | €4 | -€38 | -91.5% |
| Financial charges | 65/66B | €75 | €99 | +€24 | +31.5% |
| Recurring financial charges | 65 | €75 | €99 | +€24 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €81,884 | €67,303 | -€14,581 | -17.8% |
| Income taxes | 67/77 | €19,631 | €15,027 | -€4,604 | -23.5% |
| Profit (loss) for the period | 9904 | €62,254 | €52,276 | -€9,977 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,254 | €52,276 | -€9,977 | -16.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.