TopTalents: 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.
TopTalents
Largest movements
- Current investments -€50,000
down €50,000 (-16.7%), from €300,000 to €250,000
- Tangible fixed assets -€41,959
down €41,959 (-38.8%), from €108,130 to €66,171
of which Furniture and vehicles: -€41,000
- Receivables within one year -€29,386
down €29,386 (-34.5%), from €85,253 to €55,867
of which Trade receivables: -€38,760
- Deferred charges and accrued income -€18,471
down €18,471 (-46.5%), from €39,690 to €21,220
- Cash +€16,922
up €16,922 (+28.1%), from €60,199 to €77,121
mainly Net result for the year (+€81,650) and Current investments (+€50,000)
- Other debts -€84,421
down €84,421 (-58.9%), from €143,436 to €59,015
- Tax, wage and social debts -€56,799
down €56,799 (-64.3%), from €88,370 to €31,571
of which Taxes: -€55,578
- Reserves +€28,651
up €28,651 (+9.2%), from €312,999 to €341,650
- Profit (loss) carried forward -€15,927
down €15,927 (-100%), from €15,927 to €0
- Accrued charges and deferred income +€6,508
up €6,508 (+362%), from €1,800 to €8,308
- Gross operating margin +€109,457
up €109,457 (+66.7%), from €164,005 to €273,462
- Taxes +€33,645
up €33,645 (+8,251%), from €408 to €34,053
- Staff costs -€32,741
down €32,741 (-24.3%), from €134,556 to €101,814
- Write-downs +€10,000
new in 2025: €10,000
- Financial charges +€9,213
up €9,213 (+5,262%), from €175 to €9,388
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 | €593,273 | €470,379 | -€122,894 | -20.7% |
| Fixed assets | 21/28 | €108,130 | €66,171 | -€41,959 | -38.8% |
| Tangible fixed assets | 22/27 | €108,130 | €66,171 | -€41,959 | -38.8% |
| Furniture and vehicles | 24 | €99,472 | €58,472 | -€41,000 | -41.2% |
| Other tangible fixed assets | 26 | €8,658 | €7,699 | -€960 | -11.1% |
| Current assets | 29/58 | €485,142 | €404,208 | -€80,935 | -16.7% |
| Amounts receivable within one year | 40/41 | €85,253 | €55,867 | -€29,386 | -34.5% |
| Trade receivables | 40 | €72,230 | €33,470 | -€38,760 | -53.7% |
| Other amounts receivable | 41 | €13,023 | €22,397 | +€9,373 | +72.0% |
| Current investments | 50/53 | €300,000 | €250,000 | -€50,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €60,199 | €77,121 | +€16,922 | +28.1% |
| Deferred charges and accrued income | 490/1 | €39,690 | €21,220 | -€18,471 | -46.5% |
| Total equity and liabilities | 10/49 | €593,273 | €470,379 | -€122,894 | -20.7% |
| Equity | 10/15 | €343,926 | €356,650 | +€12,724 | +3.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €312,999 | €341,650 | +€28,651 | +9.2% |
| Distributable reserves | 133 | €312,999 | €341,650 | +€28,651 | +9.2% |
| Profit (loss) carried forward | 14 | €15,927 | €0 | -€15,927 | -100% |
| Amounts payable | 17/49 | €249,347 | €113,728 | -€135,618 | -54.4% |
| Amounts payable within one year | 42/48 | €247,547 | €105,420 | -€142,127 | -57.4% |
| Trade debts | 44 | €15,741 | €14,834 | -€907 | -5.8% |
| Suppliers | 440/4 | €15,741 | €14,834 | -€907 | -5.8% |
| Taxes, remuneration and social security | 45 | €88,370 | €31,571 | -€56,799 | -64.3% |
| Taxes | 450/3 | €78,951 | €23,373 | -€55,578 | -70.4% |
| Remuneration and social security | 454/9 | €9,418 | €8,198 | -€1,221 | -13.0% |
| Other amounts payable | 47/48 | €143,436 | €59,015 | -€84,421 | -58.9% |
| Accrued charges and deferred income | 492/3 | €1,800 | €8,308 | +€6,508 | +362% |
| Non-recurring operating income | 76A | - | €3,925 | +€3,925 | |
| Remuneration, social security and pensions | 62 | €134,556 | €101,814 | -€32,741 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,337 | €41,959 | -€6,378 | -13.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,000 | +€10,000 | |
| Other operating charges | 640/8 | €1,576 | €1,262 | -€314 | -19.9% |
| Gross operating margin | 9900 | €164,005 | €273,462 | +€109,457 | +66.7% |
| Operating profit (loss) | 9901 | -€20,464 | €118,427 | +€138,891 | |
| Financial income | 75/76B | €10,376 | €6,664 | -€3,711 | -35.8% |
| Recurring financial income | 75 | €10,376 | €6,664 | -€3,711 | -35.8% |
| Financial charges | 65/66B | €175 | €9,388 | +€9,213 | +5,262% |
| Recurring financial charges | 65 | €175 | €9,388 | +€9,213 | +5,262% |
| Profit (loss) for the period before taxes | 9903 | -€10,264 | €115,703 | +€125,967 | |
| Income taxes | 67/77 | €408 | €34,053 | +€33,645 | +8,251% |
| Profit (loss) for the period | 9904 | -€10,672 | €81,650 | +€92,322 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,672 | €81,650 | +€92,322 |
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 27 October 2026 via checked.be.