TOPTYRE: 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
TOPTYRE
NACE 46.720, Wholesale of motor vehicle parts and accessories
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€33,942
2024 · €3,442+€30,500
Equity
€950,615
2024 · €916,673+€33,942
Cash
€223,833
2024 · €241,233-€17,400
Balance sheet total
€3.6m
2024 · €3.4m+€133,953
Largest movements
Assets
- Stocks and contracts +€268,671
up €268,671 (+36.2%), from €741,178 to €1.0m
- Tangible fixed assets -€75,925
down €75,925 (-4.1%), from €1.9m to €1.8m
of which Land and buildings: -€69,891
- Receivables within one year -€48,036
down €48,036 (-8.4%), from €574,356 to €526,321
of which Trade receivables: -€46,926
Equity and liabilities
- Trade debts +€155,064
up €155,064 (+27.1%), from €572,955 to €728,020
- Other debts -€53,421
down €53,421 (-4.4%), from €1.2m to €1.2m
- Debts after one year -€53,119
down €53,119 (-9.9%), from €536,024 to €482,905
Income statement
- Staff costs -€57,095
down €57,095 (-11.3%), from €506,780 to €449,685
- Financial charges +€14,651
up €14,651 (+46.6%), from €31,461 to €46,112
- Taxes +€12,830
up €12,830 (+154.4%), from €8,312 to €21,142
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
€3,442
Gross operating margin
-€2,303
Staff costs
+€57,095
Depreciation
+€6,538
Write-downs
-€1,945
Other operating charges
-€408
Financial income
-€996
Financial charges
-€14,651
Taxes
-€12,830
Result 2025
€33,942
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
+€153,193
Investment
-€114,694
Financing
-€55,900
Cash 2024
€241,233
From operations (derived)
+€153,193
Net result for the year
+€33,942
Depreciation
+€190,618
Stocks and contracts
-€268,671
Receivables within one year
+€48,036
Deferred charges and accrued income
-€6,643
Trade debts
+€155,064
Tax, wage and social debts
+€28,922
Other debts
-€53,421
Accrued charges and deferred income
+€25,347
Investment (derived)
-€114,694
Investment in fixed assets (net)
-€114,694
Financing
-€55,900
Debts after one year
-€53,119
Current portion of long-term debt
-€2,781
Cash 2025
€223,833
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,440,032 | €3,573,985 | +€133,953 | +3.9% |
| Fixed assets | 21/28 | €1,867,987 | €1,792,062 | -€75,925 | -4.1% |
| Tangible fixed assets | 22/27 | €1,852,307 | €1,776,382 | -€75,925 | -4.1% |
| Land and buildings | 22 | €1,527,206 | €1,457,314 | -€69,891 | -4.6% |
| Plant, machinery and equipment | 23 | €279,512 | €231,356 | -€48,156 | -17.2% |
| Furniture and vehicles | 24 | €45,589 | €56,071 | +€10,481 | +23.0% |
| Leasing and similar rights | 25 | - | €31,641 | +€31,641 | |
| Financial fixed assets | 28 | €15,680 | €15,680 | = | 0.0% |
| Current assets | 29/58 | €1,572,045 | €1,781,923 | +€209,878 | +13.4% |
| Stocks and contracts in progress | 3 | €741,178 | €1,009,849 | +€268,671 | +36.2% |
| Stocks | 30/36 | €741,178 | €1,009,849 | +€268,671 | +36.2% |
| Amounts receivable within one year | 40/41 | €574,356 | €526,321 | -€48,036 | -8.4% |
| Trade receivables | 40 | €572,549 | €525,623 | -€46,926 | -8.2% |
| Other amounts receivable | 41 | €1,808 | €698 | -€1,109 | -61.4% |
| Cash at bank and in hand | 54/58 | €241,233 | €223,833 | -€17,400 | -7.2% |
| Deferred charges and accrued income | 490/1 | €15,278 | €21,921 | +€6,643 | +43.5% |
| Total equity and liabilities | 10/49 | €3,440,032 | €3,573,985 | +€133,953 | +3.9% |
| Equity | 10/15 | €916,673 | €950,615 | +€33,942 | +3.7% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €614,468 | €648,410 | +€33,942 | +5.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €32,522 | €32,522 | = | 0.0% |
| Distributable reserves | 133 | €581,946 | €615,888 | +€33,942 | +5.8% |
| Profit (loss) carried forward | 14 | €217,205 | €217,205 | = | 0.0% |
| Amounts payable | 17/49 | €2,523,359 | €2,623,371 | +€100,011 | +4.0% |
| Amounts payable after more than one year | 17 | €536,024 | €482,905 | -€53,119 | -9.9% |
| Financial debts | 170/4 | €536,024 | €482,905 | -€53,119 | -9.9% |
| Amounts payable within one year | 42/48 | €1,974,658 | €2,102,441 | +€127,783 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €87,135 | €84,354 | -€2,781 | -3.2% |
| Trade debts | 44 | €572,955 | €728,020 | +€155,064 | +27.1% |
| Suppliers | 440/4 | €572,955 | €728,020 | +€155,064 | +27.1% |
| Taxes, remuneration and social security | 45 | €101,185 | €130,106 | +€28,922 | +28.6% |
| Taxes | 450/3 | €68,217 | €63,527 | -€4,690 | -6.9% |
| Remuneration and social security | 454/9 | €32,968 | €66,579 | +€33,611 | +102.0% |
| Other amounts payable | 47/48 | €1,213,382 | €1,159,961 | -€53,421 | -4.4% |
| Accrued charges and deferred income | 492/3 | €12,678 | €38,024 | +€25,347 | +199.9% |
| Remuneration, social security and pensions | 62 | €506,780 | €449,685 | -€57,095 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,157 | €190,618 | -€6,538 | -3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,945 | +€1,945 | |
| Other operating charges | 640/8 | €18,365 | €18,773 | +€408 | +2.2% |
| Gross operating margin | 9900 | €759,668 | €757,365 | -€2,303 | -0.3% |
| Operating profit (loss) | 9901 | €37,367 | €96,344 | +€58,977 | +157.8% |
| Financial income | 75/76B | €5,848 | €4,852 | -€996 | -17.0% |
| Recurring financial income | 75 | €5,848 | €4,852 | -€996 | -17.0% |
| Financial charges | 65/66B | €31,461 | €46,112 | +€14,651 | +46.6% |
| Recurring financial charges | 65 | €31,461 | €46,112 | +€14,651 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €11,754 | €55,084 | +€43,330 | +368.6% |
| Income taxes | 67/77 | €8,312 | €21,142 | +€12,830 | +154.4% |
| Profit (loss) for the period | 9904 | €3,442 | €33,942 | +€30,500 | +886.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,442 | €33,942 | +€30,500 | +886.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.