Topycs: 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.
Topycs
Largest movements
- Cash +€17,013
up €17,013 (+58.2%), from €29,234 to €46,248
mainly Net result for the year (+€21,703) and Other debts (+€1,924)
- Receivables within one year +€5,444
up €5,444 (+120%), from €4,550 to €9,994
of which Trade receivables: +€4,248
- Reserves +€21,703
up €21,703 (+108%), from €20,053 to €41,755
- Other debts +€1,924
up €1,924 (+96.1%), from €2,002 to €3,926
- Tax, wage and social debts -€1,332
down €1,332 (-16.1%), from €8,274 to €6,942
- Gross operating margin +€2,478
up €2,478 (+9.7%), from €25,606 to €28,084
- Taxes +€689
up €689 (+13.5%), from €5,099 to €5,788
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 | €34,235 | €56,692 | +€22,457 | +65.6% |
| Current assets | 29/58 | €34,235 | €56,692 | +€22,457 | +65.6% |
| Amounts receivable within one year | 40/41 | €4,550 | €9,994 | +€5,444 | +120% |
| Trade receivables | 40 | €4,550 | €8,798 | +€4,248 | +93.4% |
| Other amounts receivable | 41 | - | €1,196 | +€1,196 | |
| Cash at bank and in hand | 54/58 | €29,234 | €46,248 | +€17,013 | +58.2% |
| Deferred charges and accrued income | 490/1 | €451 | €451 | = | 0.0% |
| Total equity and liabilities | 10/49 | €34,235 | €56,692 | +€22,457 | +65.6% |
| Equity | 10/15 | €22,553 | €44,255 | +€21,703 | +96.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,053 | €41,755 | +€21,703 | +108% |
| Distributable reserves | 133 | €20,053 | €41,755 | +€21,703 | +108% |
| Amounts payable | 17/49 | €11,682 | €12,437 | +€755 | +6.5% |
| Amounts payable within one year | 42/48 | €11,682 | €12,437 | +€755 | +6.5% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €1,406 | €1,563 | +€157 | +11.1% |
| Suppliers | 440/4 | €1,406 | €1,563 | +€157 | +11.1% |
| Taxes, remuneration and social security | 45 | €8,274 | €6,942 | -€1,332 | -16.1% |
| Taxes | 450/3 | €8,274 | €6,942 | -€1,332 | -16.1% |
| Other amounts payable | 47/48 | €2,002 | €3,926 | +€1,924 | +96.1% |
| Other operating charges | 640/8 | €454 | €532 | +€77 | +17.0% |
| Gross operating margin | 9900 | €25,606 | €28,084 | +€2,478 | +9.7% |
| Operating profit (loss) | 9901 | €25,152 | €27,553 | +€2,401 | +9.5% |
| Financial charges | 65/66B | €0 | €62 | +€62 | +21,272% |
| Recurring financial charges | 65 | €0 | €62 | +€62 | +21,272% |
| Profit (loss) for the period before taxes | 9903 | €25,152 | €27,491 | +€2,339 | +9.3% |
| Income taxes | 67/77 | €5,099 | €5,788 | +€689 | +13.5% |
| Profit (loss) for the period | 9904 | €20,053 | €21,703 | +€1,650 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,053 | €21,703 | +€1,650 | +8.2% |
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 13 October 2026 via checked.be.