DEUX SUR DEUX: what changed
DEUX SUR DEUX
Largest movements
- Cash +€52,388
up €52,388 (+102%), from €51,427 to €103,814
mainly Receivables within one year (+€28,504) and Net result for the year (+€23,793)
- Receivables within one year -€28,504
down €28,504 (-53.2%), from €53,563 to €25,059
of which Other amounts receivable: -€22,931
- Tangible fixed assets -€7,893
down €7,893 (-34.4%), from €22,942 to €15,049
of which Furniture and vehicles: -€7,004
- Other debts +€9,741
up €9,741 (+65.3%), from €14,922 to €24,663
- Accrued charges and deferred income +€5,561
up €5,561 (+43.6%), from €12,760 to €18,321
- Gross operating margin +€8,710
up €8,710 (+25.6%), from €33,985 to €42,696
- Taxes +€2,756
up €2,756 (+28.3%), from €9,721 to €12,477
- Financial income -€665
down €665 (-21.1%), from €3,155 to €2,490
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 | €193,315 | €209,034 | +€15,720 | +8.1% |
| Fixed assets | 21/28 | €24,442 | €16,549 | -€7,893 | -32.3% |
| Tangible fixed assets | 22/27 | €22,942 | €15,049 | -€7,893 | -34.4% |
| Furniture and vehicles | 24 | €19,232 | €12,228 | -€7,004 | -36.4% |
| Other tangible fixed assets | 26 | €3,710 | €2,821 | -€889 | -24.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €168,873 | €192,485 | +€23,612 | +14.0% |
| Amounts receivable after more than one year | 29 | €63,000 | €63,000 | = | 0.0% |
| Other amounts receivable | 291 | €63,000 | €63,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,563 | €25,059 | -€28,504 | -53.2% |
| Trade receivables | 40 | €8,450 | €2,877 | -€5,573 | -66.0% |
| Other amounts receivable | 41 | €45,113 | €22,182 | -€22,931 | -50.8% |
| Cash at bank and in hand | 54/58 | €51,427 | €103,814 | +€52,388 | +102% |
| Deferred charges and accrued income | 490/1 | €883 | €612 | -€271 | -30.7% |
| Total equity and liabilities | 10/49 | €193,315 | €209,034 | +€15,720 | +8.1% |
| Equity | 10/15 | €158,522 | €157,653 | -€870 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €152,322 | €151,453 | -€870 | -0.6% |
| Distributable reserves | 133 | €152,322 | €151,453 | -€870 | -0.6% |
| Amounts payable | 17/49 | €34,792 | €51,382 | +€16,589 | +47.7% |
| Amounts payable within one year | 42/48 | €22,032 | €33,061 | +€11,029 | +50.1% |
| Trade debts | 44 | €7,111 | €8,399 | +€1,288 | +18.1% |
| Suppliers | 440/4 | €7,111 | €8,399 | +€1,288 | +18.1% |
| Other amounts payable | 47/48 | €14,922 | €24,663 | +€9,741 | +65.3% |
| Accrued charges and deferred income | 492/3 | €12,760 | €18,321 | +€5,561 | +43.6% |
| Non-recurring operating income | 76A | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,054 | €7,893 | -€161 | -2.0% |
| Other operating charges | 640/8 | €711 | €645 | -€65 | -9.2% |
| Gross operating margin | 9900 | €33,985 | €42,696 | +€8,710 | +25.6% |
| Operating profit (loss) | 9901 | €25,221 | €34,158 | +€8,937 | +35.4% |
| Financial income | 75/76B | €3,155 | €2,490 | -€665 | -21.1% |
| Recurring financial income | 75 | €3,155 | €2,490 | -€665 | -21.1% |
| Financial charges | 65/66B | €274 | €378 | +€104 | +37.8% |
| Recurring financial charges | 65 | €274 | €378 | +€104 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €28,101 | €36,270 | +€8,169 | +29.1% |
| Income taxes | 67/77 | €9,721 | €12,477 | +€2,756 | +28.3% |
| Profit (loss) for the period | 9904 | €18,380 | €23,793 | +€5,413 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,380 | €23,793 | +€5,413 | +29.5% |
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 7 November 2026 via checked.be.