TOPTECHNICS: what changed
What changed
TOPTECHNICS
NACE 46.130, Agents in the wholesale of timber and building materials
filed annual accounts (NBB)
Net result for the year
€304,530
2024 · €384,500-€79,970
Equity
€1.5m
2024 · €1.1m+€304,530
Cash
€231,140
2024 · €207,663+€23,478
Balance sheet total
€2.9m
2024 · €2.7m+€205,934
Largest movements
Assets
- Receivables within one year +€410,454
up €410,454 (+101%), from €408,313 to €818,767
of which Other amounts receivable: +€405,767
- Receivables after one year -€291,422
down €291,422 (-97.1%), from €300,000 to €8,578
of which Other amounts receivable: -€291,422
- Stocks and contracts +€121,833
up €121,833 (+41.8%), from €291,449 to €413,281
- Tangible fixed assets -€55,684
down €55,684 (-3.7%), from €1.5m to €1.4m
of which Land and buildings: -€36,136
Equity and liabilities
- Reserves +€304,530
up €304,530 (+27.0%), from €1.1m to €1.4m
of which Distributable reserves: +€307,593
- Debts after one year -€82,819
down €82,819 (-7.1%), from €1.2m to €1.1m
Income statement
- Depreciation -€124,779
down €124,779 (-57.0%), from €218,761 to €93,981
- Staff costs +€109,008
up €109,008 (+24.3%), from €448,205 to €557,213
- Gross operating margin -€92,203
down €92,203 (-7.4%), from €1.2m to €1.1m
- Financial charges +€18,853
up €18,853 (+36.9%), from €51,027 to €69,880
- Write-downs +€14,699
new in 2025: €14,699
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€384,500
Gross operating margin
-€92,203
Staff costs
-€109,008
Depreciation
+€124,779
Write-downs
-€14,699
Other operating charges
-€5,202
Financial income
+€1,147
Financial charges
-€18,853
Taxes
+€12,879
Deferred taxes and other
+€21,189
Result 2025
€304,530
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€139,574
Investment
-€34,357
Financing
-€81,739
Cash 2024
€207,663
From operations (derived)
+€139,574
Net result for the year
+€304,530
Depreciation
+€93,981
Receivables after one year
+€291,422
Stocks and contracts
-€121,833
Receivables within one year
-€410,454
Deferred charges and accrued income
-€1,216
Smaller working-capital items
-€1,330
Trade debts
-€2,899
Tax, wage and social debts
-€10,608
Advances received
-€2,019
Investment (derived)
-€34,357
Investment in fixed assets (net)
-€34,357
Financing
-€81,739
Debts after one year
-€82,819
Current portion of long-term debt
+€1,080
Cash 2025
€231,140
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,742,334 | €2,948,268 | +€205,934 | +7.5% |
| Fixed assets | 21/28 | €1,508,098 | €1,448,474 | -€59,624 | -4.0% |
| Tangible fixed assets | 22/27 | €1,504,158 | €1,448,474 | -€55,684 | -3.7% |
| Land and buildings | 22 | €1,390,010 | €1,353,875 | -€36,136 | -2.6% |
| Plant, machinery and equipment | 23 | €54,208 | €55,176 | +€968 | +1.8% |
| Furniture and vehicles | 24 | €59,940 | €39,424 | -€20,516 | -34.2% |
| Financial fixed assets | 28 | €3,940 | €0 | -€3,940 | -100% |
| Current assets | 29/58 | €1,234,235 | €1,499,794 | +€265,558 | +21.5% |
| Amounts receivable after more than one year | 29 | €300,000 | €8,578 | -€291,422 | -97.1% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €300,000 | €8,578 | -€291,422 | -97.1% |
| Stocks and contracts in progress | 3 | €291,449 | €413,281 | +€121,833 | +41.8% |
| Stocks | 30/36 | €291,449 | €413,281 | +€121,833 | +41.8% |
| Amounts receivable within one year | 40/41 | €408,313 | €818,767 | +€410,454 | +101% |
| Trade receivables | 40 | €393,330 | €398,017 | +€4,687 | +1.2% |
| Other amounts receivable | 41 | €14,983 | €420,750 | +€405,767 | +2,708% |
| Cash at bank and in hand | 54/58 | €207,663 | €231,140 | +€23,478 | +11.3% |
| Deferred charges and accrued income | 490/1 | €26,812 | €28,028 | +€1,216 | +4.5% |
| Total equity and liabilities | 10/49 | €2,742,334 | €2,948,268 | +€205,934 | +7.5% |
| Equity | 10/15 | €1,145,607 | €1,450,137 | +€304,530 | +26.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,127,007 | €1,431,537 | +€304,530 | +27.0% |
| Tax-exempt reserves | 132 | €60,504 | €57,440 | -€3,063 | -5.1% |
| Distributable reserves | 133 | €1,066,504 | €1,374,097 | +€307,593 | +28.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €20,168 | €19,147 | -€1,021 | -5.1% |
| Deferred taxes | 168 | €20,168 | €19,147 | -€1,021 | -5.1% |
| Amounts payable | 17/49 | €1,576,558 | €1,478,984 | -€97,574 | -6.2% |
| Amounts payable after more than one year | 17 | €1,172,495 | €1,089,676 | -€82,819 | -7.1% |
| Financial debts | 170/4 | €1,172,495 | €1,089,676 | -€82,819 | -7.1% |
| Amounts payable within one year | 42/48 | €404,064 | €389,309 | -€14,755 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €81,739 | €82,819 | +€1,080 | +1.3% |
| Trade debts | 44 | €120,049 | €117,150 | -€2,899 | -2.4% |
| Suppliers | 440/4 | €120,049 | €117,150 | -€2,899 | -2.4% |
| Advances received on contracts in progress | 46 | €2,019 | €0 | -€2,019 | -100% |
| Taxes, remuneration and social security | 45 | €198,704 | €188,096 | -€10,608 | -5.3% |
| Taxes | 450/3 | €134,951 | €111,058 | -€23,893 | -17.7% |
| Remuneration and social security | 454/9 | €63,753 | €77,038 | +€13,285 | +20.8% |
| Other amounts payable | 47/48 | €1,552 | €1,244 | -€308 | -19.9% |
| Remuneration, social security and pensions | 62 | €448,205 | €557,213 | +€109,008 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,761 | €93,981 | -€124,779 | -57.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,699 | +€14,699 | |
| Other operating charges | 640/8 | €12,815 | €18,017 | +€5,202 | +40.6% |
| Gross operating margin | 9900 | €1,240,089 | €1,147,886 | -€92,203 | -7.4% |
| Operating profit (loss) | 9901 | €560,308 | €463,975 | -€96,333 | -17.2% |
| Financial income | 75/76B | €13,891 | €15,038 | +€1,147 | +8.3% |
| Recurring financial income | 75 | €13,891 | €15,038 | +€1,147 | +8.3% |
| Financial charges | 65/66B | €51,027 | €69,880 | +€18,853 | +36.9% |
| Recurring financial charges | 65 | €51,027 | €69,880 | +€18,853 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €523,172 | €409,133 | -€114,038 | -21.8% |
| Transfer from deferred taxes | 780 | €254 | €1,021 | +€767 | +302% |
| Transfer to deferred taxes | 680 | €20,422 | €0 | -€20,422 | -100% |
| Income taxes | 67/77 | €118,504 | €105,625 | -€12,879 | -10.9% |
| Profit (loss) for the period | 9904 | €384,500 | €304,530 | -€79,970 | -20.8% |
| Transfer from tax-exempt reserves | 789 | €762 | €3,063 | +€2,302 | +302% |
| Transfer to tax-exempt reserves | 689 | €61,265 | €0 | -€61,265 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €323,996 | €307,593 | -€16,403 | -5.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.