TOPTOOLS INTERNATIONAL: 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.
TOPTOOLS INTERNATIONAL
Largest movements
- Intangible fixed assets -€119,167
down €119,167 (-18.2%), from €655,419 to €536,252
- Receivables within one year +€21,286
up €21,286 (+41.5%), from €51,302 to €72,588
of which Other amounts receivable: +€18,347
- Tangible fixed assets -€16,113
down €16,113 (-27.8%), from €57,985 to €41,872
of which Leasing and similar rights: -€13,919
- Profit (loss) carried forward -€118,884
down €118,884 (-22.9%), from €518,172 to €399,287
- Trade debts +€20,472
up €20,472 (+22.7%), from €90,326 to €110,798
- Debts after one year -€11,631
down €11,631 (-31.4%), from €36,994 to €25,363
- Write-downs +€14,743
up €14,743, from -€12,172 to €2,571
- Gross operating margin -€9,417
down €9,417 (-10.2%), from €91,987 to €82,570
- Staff costs -€4,426
down €4,426 (-7.3%), from €60,450 to €56,024
- Taxes -€2,282
down €2,282 (-89.2%), from €2,559 to €277
- Other operating charges -€1,509
down €1,509 (-35.4%), from €4,267 to €2,757
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 | €848,411 | €732,307 | -€116,104 | -13.7% |
| Fixed assets | 21/28 | €714,472 | €579,192 | -€135,280 | -18.9% |
| Intangible fixed assets | 21 | €655,419 | €536,252 | -€119,167 | -18.2% |
| Tangible fixed assets | 22/27 | €57,985 | €41,872 | -€16,113 | -27.8% |
| Furniture and vehicles | 24 | €2,194 | - | -€2,194 | |
| Leasing and similar rights | 25 | €55,791 | €41,872 | -€13,919 | -24.9% |
| Financial fixed assets | 28 | €1,069 | €1,069 | = | 0.0% |
| Current assets | 29/58 | €133,939 | €153,115 | +€19,176 | +14.3% |
| Stocks and contracts in progress | 3 | €60,823 | €67,053 | +€6,230 | +10.2% |
| Stocks | 30/36 | €60,823 | €67,053 | +€6,230 | +10.2% |
| Amounts receivable within one year | 40/41 | €51,302 | €72,588 | +€21,286 | +41.5% |
| Trade receivables | 40 | €49,649 | €52,588 | +€2,939 | +5.9% |
| Other amounts receivable | 41 | €1,653 | €20,000 | +€18,347 | +1,110% |
| Cash at bank and in hand | 54/58 | €13,650 | €13,474 | -€176 | -1.3% |
| Deferred charges and accrued income | 490/1 | €8,164 | - | -€8,164 | |
| Total equity and liabilities | 10/49 | €848,411 | €732,307 | -€116,104 | -13.7% |
| Equity | 10/15 | €671,632 | €552,747 | -€118,884 | -17.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €133,460 | €133,460 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,000 | €58,000 | = | 0.0% |
| Distributable reserves | 133 | €75,460 | €75,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €518,172 | €399,287 | -€118,884 | -22.9% |
| Amounts payable | 17/49 | €176,779 | €179,560 | +€2,781 | +1.6% |
| Amounts payable after more than one year | 17 | €36,994 | €25,363 | -€11,631 | -31.4% |
| Financial debts | 170/4 | €36,994 | €25,363 | -€11,631 | -31.4% |
| Amounts payable within one year | 42/48 | €123,754 | €137,915 | +€14,161 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €10,983 | €11,631 | +€648 | +5.9% |
| Trade debts | 44 | €90,326 | €110,798 | +€20,472 | +22.7% |
| Suppliers | 440/4 | €90,326 | €110,798 | +€20,472 | +22.7% |
| Taxes, remuneration and social security | 45 | €19,196 | €15,486 | -€3,710 | -19.3% |
| Taxes | 450/3 | €8,763 | €7,982 | -€782 | -8.9% |
| Remuneration and social security | 454/9 | €10,433 | €7,504 | -€2,928 | -28.1% |
| Other amounts payable | 47/48 | €3,250 | - | -€3,250 | |
| Accrued charges and deferred income | 492/3 | €16,031 | €16,282 | +€251 | +1.6% |
| Remuneration, social security and pensions | 62 | €60,450 | €56,024 | -€4,426 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,139 | €133,086 | -€1,053 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,172 | €2,571 | +€14,743 | |
| Other operating charges | 640/8 | €4,267 | €2,757 | -€1,509 | -35.4% |
| Gross operating margin | 9900 | €91,987 | €82,570 | -€9,417 | -10.2% |
| Operating profit (loss) | 9901 | -€94,697 | -€111,869 | -€17,172 | -18.1% |
| Financial charges | 65/66B | €7,627 | €6,738 | -€889 | -11.7% |
| Recurring financial charges | 65 | €7,627 | €6,738 | -€889 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€102,324 | -€118,608 | -€16,283 | -15.9% |
| Income taxes | 67/77 | €2,559 | €277 | -€2,282 | -89.2% |
| Profit (loss) for the period | 9904 | -€104,883 | -€118,884 | -€14,001 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,883 | -€118,884 | -€14,001 | -13.3% |
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 30 October 2026 via checked.be.