TOPTOR: 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.
TOPTOR
Largest movements
- Cash +€11,969
up €11,969 (+342.2%), from €3,497 to €15,466
mainly Depreciation (+€9,978) and Net result for the year (+€2,467)
- Tangible fixed assets -€9,978
down €9,978 (-8.0%), from €125,161 to €115,184
of which Land and buildings: -€6,221
- Profit (loss) carried forward +€2,467
up €2,467 (+0.7%), from -€333,533 to -€331,065
- Depreciation -€4,339
down €4,339 (-30.3%), from €14,317 to €9,978
- Gross operating margin -€2,125
down €2,125 (-11.3%), from €18,843 to €16,719
- Other operating charges +€398
up €398 (+10.3%), from €3,875 to €4,273
- Financial income -€273
down €273 (-82.3%), from €331 to €59
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,545 | €132,695 | +€2,149 | +1.6% |
| Fixed assets | 21/28 | €125,161 | €116,184 | -€8,978 | -7.2% |
| Tangible fixed assets | 22/27 | €125,161 | €115,184 | -€9,978 | -8.0% |
| Land and buildings | 22 | €113,718 | €107,497 | -€6,221 | -5.5% |
| Furniture and vehicles | 24 | €11,443 | €7,686 | -€3,756 | -32.8% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €5,384 | €16,511 | +€11,127 | +206.7% |
| Amounts receivable within one year | 40/41 | €1,681 | €835 | -€846 | -50.3% |
| Trade receivables | 40 | €1,595 | €835 | -€760 | -47.7% |
| Other amounts receivable | 41 | €86 | €0 | -€86 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,497 | €15,466 | +€11,969 | +342.2% |
| Deferred charges and accrued income | 490/1 | €206 | €210 | +€4 | +2.0% |
| Total equity and liabilities | 10/49 | €130,545 | €132,695 | +€2,149 | +1.6% |
| Equity | 10/15 | -€271,559 | -€269,091 | +€2,467 | +0.9% |
| Contributions | 10/11 | €61,974 | €61,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€333,533 | -€331,065 | +€2,467 | +0.7% |
| Amounts payable | 17/49 | €402,104 | €401,786 | -€318 | -0.1% |
| Amounts payable within one year | 42/48 | €402,104 | €401,786 | -€318 | -0.1% |
| Trade debts | 44 | €742 | €842 | +€100 | +13.4% |
| Suppliers | 440/4 | €742 | €842 | +€100 | +13.4% |
| Taxes, remuneration and social security | 45 | €939 | €522 | -€418 | -44.5% |
| Taxes | 450/3 | €939 | €522 | -€418 | -44.5% |
| Other amounts payable | 47/48 | €400,422 | €400,422 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,317 | €9,978 | -€4,339 | -30.3% |
| Other operating charges | 640/8 | €3,875 | €4,273 | +€398 | +10.3% |
| Gross operating margin | 9900 | €18,843 | €16,719 | -€2,125 | -11.3% |
| Operating profit (loss) | 9901 | €651 | €2,467 | +€1,816 | +279.0% |
| Financial income | 75/76B | €331 | €59 | -€273 | -82.3% |
| Recurring financial income | 75 | €331 | €59 | -€273 | -82.3% |
| Financial charges | 65/66B | €50 | €51 | +€1 | +2.9% |
| Recurring financial charges | 65 | €50 | €51 | +€1 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €933 | €2,475 | +€1,542 | +165.3% |
| Income taxes | 67/77 | - | €8 | +€8 | |
| Profit (loss) for the period | 9904 | €933 | €2,467 | +€1,535 | +164.5% |
| Profit (loss) for the period to be appropriated | 9905 | €933 | €2,467 | +€1,535 | +164.5% |
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 3 October 2026 via checked.be.