TOPIA: what changed
TOPIA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€59,027
down €59,027, from €54,077 to -€4,950
- Financial charges -€3,535
down €3,535 (-99.1%), from €3,569 to €34
- Taxes -€2,772
down €2,772 (-95.0%), from €2,917 to €145
- Other operating charges -€1,389
down €1,389 (-70.3%), from €1,974 to €585
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €564,909 | €562,813 | -€2,096 | -0.4% |
| Fixed assets | 21/28 | €202,800 | €202,800 | = | 0.0% |
| Financial fixed assets | 28 | €202,800 | €202,800 | = | 0.0% |
| Current assets | 29/58 | €362,109 | €360,013 | -€2,096 | -0.6% |
| Amounts receivable within one year | 40/41 | €15,315 | €17,251 | +€1,937 | +12.6% |
| Other amounts receivable | 41 | €15,315 | €17,251 | +€1,937 | +12.6% |
| Current investments | 50/53 | €341,000 | €341,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,622 | €606 | -€4,015 | -86.9% |
| Deferred charges and accrued income | 490/1 | €1,173 | €1,155 | -€18 | -1.5% |
| Total equity and liabilities | 10/49 | €564,909 | €562,813 | -€2,096 | -0.4% |
| Equity | 10/15 | €560,456 | €560,890 | +€434 | +0.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €541,906 | €542,340 | +€434 | +0.1% |
| Distributable reserves | 133 | €541,906 | €542,340 | +€434 | +0.1% |
| Amounts payable | 17/49 | €4,454 | €1,923 | -€2,531 | -56.8% |
| Amounts payable within one year | 42/48 | €2,699 | €1,923 | -€776 | -28.8% |
| Trade debts | 44 | €1,351 | €575 | -€776 | -57.5% |
| Suppliers | 440/4 | €1,351 | €575 | -€776 | -57.5% |
| Taxes, remuneration and social security | 45 | €1,349 | €1,349 | = | 0.0% |
| Taxes | 450/3 | €1,349 | €1,349 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,755 | - | -€1,755 | |
| Non-recurring operating income | 76A | €75,908 | - | -€75,908 | |
| Other operating charges | 640/8 | €1,974 | €585 | -€1,389 | -70.3% |
| Gross operating margin | 9900 | €54,077 | -€4,950 | -€59,027 | |
| Operating profit (loss) | 9901 | €52,103 | -€5,536 | -€57,639 | |
| Financial income | 75/76B | €5,961 | €6,148 | +€188 | +3.2% |
| Recurring financial income | 75 | €5,961 | €6,148 | +€188 | +3.2% |
| Financial charges | 65/66B | €3,569 | €34 | -€3,535 | -99.1% |
| Recurring financial charges | 65 | €3,569 | €34 | -€3,535 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | €54,495 | €579 | -€53,916 | -98.9% |
| Income taxes | 67/77 | €2,917 | €145 | -€2,772 | -95.0% |
| Profit (loss) for the period | 9904 | €51,578 | €434 | -€51,144 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,578 | €434 | -€51,144 | -99.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.