Toptimalux: 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.
Toptimalux
Largest movements
- Receivables within one year +€3,632
up €3,632 (+180%), from €2,013 to €5,645
of which Trade receivables: +€4,152
- Cash +€1,493
up €1,493, from €0 to €1,493
mainly Trade debts (+€2,258) and Net result for the year (+€1,553)
- Tangible fixed assets -€868
down €868 (-40.1%), from €2,166 to €1,298
- Deferred charges and accrued income -€433
down €433 (-35.5%), from €1,222 to €789
- Short-term financial debts -€2,466
down €2,466 (-100%), from €2,466 to €0
- Trade debts +€2,258
up €2,258 (+151%), from €1,493 to €3,752
- Profit (loss) carried forward +€1,553
up €1,553 (+19.8%), from -€7,850 to -€6,297
- Tax, wage and social debts +€1,404
up €1,404 (+848%), from €166 to €1,569
of which Taxes: +€1,404
- Current portion of long-term debt +€649
up €649 (+73.9%), from €877 to €1,526
- Gross operating margin +€9,470
up €9,470, from -€4,264 to €5,206
- Other operating charges -€1,175
down €1,175 (-47.5%), from €2,475 to €1,300
- Write-downs +€873
up €873, from -€873 to €0
- Financial charges +€335
up €335 (+27.2%), from €1,229 to €1,564
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 | €5,571 | €9,395 | +€3,824 | +68.6% |
| Fixed assets | 21/28 | €2,336 | €1,468 | -€868 | -37.2% |
| Tangible fixed assets | 22/27 | €2,166 | €1,298 | -€868 | -40.1% |
| Furniture and vehicles | 24 | €2,166 | €1,298 | -€868 | -40.1% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €3,235 | €7,927 | +€4,692 | +145% |
| Amounts receivable within one year | 40/41 | €2,013 | €5,645 | +€3,632 | +180% |
| Trade receivables | 40 | €1,062 | €5,214 | +€4,152 | +391% |
| Other amounts receivable | 41 | €951 | €431 | -€520 | -54.7% |
| Cash at bank and in hand | 54/58 | €0 | €1,493 | +€1,493 | |
| Deferred charges and accrued income | 490/1 | €1,222 | €789 | -€433 | -35.5% |
| Total equity and liabilities | 10/49 | €5,571 | €9,395 | +€3,824 | +68.6% |
| Equity | 10/15 | -€356 | €1,198 | +€1,553 | |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €2,995 | €2,995 | = | 0.0% |
| Distributable reserves | 133 | €2,995 | €2,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,850 | -€6,297 | +€1,553 | +19.8% |
| Amounts payable | 17/49 | €5,927 | €8,197 | +€2,270 | +38.3% |
| Amounts payable after more than one year | 17 | €0 | €262 | +€262 | |
| Financial debts | 170/4 | €0 | €262 | +€262 | |
| Amounts payable within one year | 42/48 | €5,927 | €7,935 | +€2,008 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €877 | €1,526 | +€649 | +73.9% |
| Financial debts | 43 | €2,466 | €0 | -€2,466 | -100% |
| Credit institutions | 430/8 | €2,466 | €0 | -€2,466 | -100% |
| Trade debts | 44 | €1,493 | €3,752 | +€2,258 | +151% |
| Suppliers | 440/4 | €1,493 | €3,752 | +€2,258 | +151% |
| Taxes, remuneration and social security | 45 | €166 | €1,569 | +€1,404 | +848% |
| Taxes | 450/3 | €166 | €1,569 | +€1,404 | +848% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €925 | €1,088 | +€163 | +17.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €868 | €868 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€873 | €0 | +€873 | |
| Other operating charges | 640/8 | €2,475 | €1,300 | -€1,175 | -47.5% |
| Gross operating margin | 9900 | -€4,264 | €5,206 | +€9,470 | |
| Operating profit (loss) | 9901 | -€6,734 | €3,038 | +€9,772 | |
| Financial income | 75/76B | €113 | €79 | -€34 | -29.8% |
| Recurring financial income | 75 | €113 | €79 | -€34 | -29.8% |
| Financial charges | 65/66B | €1,229 | €1,564 | +€335 | +27.2% |
| Recurring financial charges | 65 | €1,229 | €1,564 | +€335 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,850 | €1,553 | +€9,403 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,850 | €1,553 | +€9,403 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,850 | €1,553 | +€9,403 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.