TOPTECH SYSTEMS: 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.
What changed
TOPTECH SYSTEMS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€923,089
2024 · €929,448-€6,359
Equity
€2.1m
2024 · €1.2m+€923,088
Cash
€3.0m
2024 · €2.4m+€581,096
Balance sheet total
€4.0m
2024 · €4.5m-€438,872
Largest movements
Assets
- Receivables within one year -€987,943
down €987,943 (-52.9%), from €1.9m to €878,072
of which Trade receivables: -€911,362
- Cash +€581,096
up €581,096 (+24.0%), from €2.4m to €3.0m
mainly Receivables within one year (+€987,943) and Net result for the year (+€923,089)
Equity and liabilities
- Profit (loss) carried forward +€923,088
up €923,088 (+93.3%), from €989,764 to €1.9m
- Trade debts -€893,668
down €893,668 (-85.4%), from €1.0m to €152,778
- Accrued charges and deferred income -€507,961
down €507,961 (-38.9%), from €1.3m to €796,538
Income statement
- Other operating income -€1.3m
down €1.3m (-55.3%), from €2.3m to €1.0m
- Staff costs -€1.1m
down €1.1m (-29.2%), from €3.6m to €2.6m
- Goods and materials -€417,743
down €417,743 (-15.8%), from €2.6m to €2.2m
of which Purchases: -€438,231
- Turnover -€307,958
down €307,958 (-5.1%), from €6.1m to €5.8m
- Write-downs -€74,492
down €74,492, from €29,990 to -€44,502
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
€929,448
Turnover
-€307,958
Other operating income
-€1.3m
Goods and materials
+€417,743
Services and other goods
+€36,902
Staff costs
+€1.1m
Depreciation
-€5,289
Write-downs
+€74,492
Other operating charges
+€155
Other operating items
-€2,101
Financial income
-€61,093
Financial charges
+€12,975
Taxes
+€21,095
Result 2025
€923,089
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.
From operations
+€581,447
Investment
-€350
Financing
-€1
Cash 2024
€2.4m
From operations (derived)
+€581,447
Net result for the year
+€923,089
Depreciation
+€13,984
Stocks and contracts
+€19,247
Receivables within one year
+€987,943
Deferred charges and accrued income
-€856
Trade debts
-€893,668
Tax, wage and social debts
+€39,669
Accrued charges and deferred income
-€507,961
Investment (derived)
-€350
Investment in fixed assets (net)
-€350
Financing
-€1
Contributions, distributions and other
-€1
Cash 2025
€3.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,465,886 | €4,027,014 | -€438,872 | -9.8% |
| Fixed assets | 21/28 | €119,366 | €105,732 | -€13,634 | -11.4% |
| Tangible fixed assets | 22/27 | €70,382 | €56,398 | -€13,984 | -19.9% |
| Furniture and vehicles | 24 | €23,773 | €14,566 | -€9,207 | -38.7% |
| Other tangible fixed assets | 26 | €46,609 | €41,832 | -€4,777 | -10.2% |
| Financial fixed assets | 28 | €48,984 | €49,334 | +€350 | +0.7% |
| Other financial fixed assets | 284/8 | €48,984 | €49,334 | +€350 | +0.7% |
| Amounts receivable and cash guarantees | 285/8 | €48,984 | €49,334 | +€350 | +0.7% |
| Current assets | 29/58 | €4,346,520 | €3,921,282 | -€425,238 | -9.8% |
| Stocks and contracts in progress | 3 | €50,671 | €31,424 | -€19,247 | -38.0% |
| Stocks | 30/36 | €50,671 | €31,424 | -€19,247 | -38.0% |
| Work in progress | 32 | €2,101 | €2,101 | = | 0.0% |
| Goods purchased for resale | 34 | €48,570 | €29,323 | -€19,247 | -39.6% |
| Amounts receivable within one year | 40/41 | €1,866,015 | €878,072 | -€987,943 | -52.9% |
| Trade receivables | 40 | €1,780,152 | €868,790 | -€911,362 | -51.2% |
| Other amounts receivable | 41 | €85,863 | €9,282 | -€76,581 | -89.2% |
| Cash at bank and in hand | 54/58 | €2,420,162 | €3,001,258 | +€581,096 | +24.0% |
| Deferred charges and accrued income | 490/1 | €9,672 | €10,528 | +€856 | +8.9% |
| Total equity and liabilities | 10/49 | €4,465,886 | €4,027,014 | -€438,872 | -9.8% |
| Equity | 10/15 | €1,194,084 | €2,117,172 | +€923,088 | +77.3% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €55,584 | €55,584 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €40,710 | €40,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €989,764 | €1,912,852 | +€923,088 | +93.3% |
| Amounts payable | 17/49 | €3,271,802 | €1,909,842 | -€1.4m | -41.6% |
| Amounts payable within one year | 42/48 | €1,967,303 | €1,113,304 | -€853,999 | -43.4% |
| Trade debts | 44 | €1,046,446 | €152,778 | -€893,668 | -85.4% |
| Suppliers | 440/4 | €1,046,446 | €152,778 | -€893,668 | -85.4% |
| Taxes, remuneration and social security | 45 | €920,857 | €960,526 | +€39,669 | +4.3% |
| Taxes | 450/3 | €208,082 | €502,562 | +€294,480 | +141.5% |
| Remuneration and social security | 454/9 | €712,775 | €457,964 | -€254,811 | -35.7% |
| Accrued charges and deferred income | 492/3 | €1,304,499 | €796,538 | -€507,961 | -38.9% |
| Operating income | 70/76A | €8,365,213 | €6,803,740 | -€1.6m | -18.7% |
| Turnover | 70 | €6,098,135 | €5,790,177 | -€307,958 | -5.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €2,101 | - | -€2,101 | |
| Other operating income | 74 | €2,264,977 | €1,013,563 | -€1.3m | -55.3% |
| Operating charges | 60/66A | €7,130,871 | €5,548,734 | -€1.6m | -22.2% |
| Goods for resale, raw materials and consumables | 60 | €2,644,007 | €2,226,264 | -€417,743 | -15.8% |
| Purchases | 600/8 | €2,644,826 | €2,206,595 | -€438,231 | -16.6% |
| Change in stocks: decrease (increase) | 609 | -€819 | €19,669 | +€20,488 | |
| Services and other goods | 61 | €826,317 | €789,415 | -€36,902 | -4.5% |
| Remuneration, social security and pensions | 62 | €3,620,363 | €2,562,229 | -€1.1m | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,695 | €13,984 | +€5,289 | +60.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,990 | -€44,502 | -€74,492 | |
| Other operating charges | 640/8 | €1,499 | €1,344 | -€155 | -10.3% |
| Operating profit (loss) | 9901 | €1,234,342 | €1,255,006 | +€20,664 | +1.7% |
| Financial income | 75/76B | €114,115 | €53,022 | -€61,093 | -53.5% |
| Recurring financial income | 75 | €114,115 | €53,022 | -€61,093 | -53.5% |
| Income from current assets | 751 | €65,215 | €17,328 | -€47,887 | -73.4% |
| Other financial income | 752/9 | €48,900 | €35,694 | -€13,206 | -27.0% |
| Financial charges | 65/66B | €50,552 | €37,577 | -€12,975 | -25.7% |
| Recurring financial charges | 65 | €50,552 | €37,577 | -€12,975 | -25.7% |
| Debt charges | 650 | - | €1,272 | +€1,272 | |
| Other financial charges | 652/9 | €50,552 | €36,305 | -€14,247 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €1,297,905 | €1,270,451 | -€27,454 | -2.1% |
| Income taxes | 67/77 | €368,457 | €347,362 | -€21,095 | -5.7% |
| Taxes | 670/3 | €368,457 | €347,362 | -€21,095 | -5.7% |
| Profit (loss) for the period | 9904 | €929,448 | €923,089 | -€6,359 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €929,448 | €923,089 | -€6,359 | -0.7% |
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 1 October 2026 via checked.be.