EURO - TWICE: what changed
What changed
EURO - TWICE
NACE 47.400, Retail sale of information and communication equipment
filed annual accounts (NBB)
Net result for the year
-€50,017
2024 · -€45,356-€4,662
Equity
€379,864
2024 · €429,882-€50,017
Cash
€94,289
2024 · €88,950+€5,339
Balance sheet total
€392,941
2024 · €441,643-€48,702
Largest movements
Assets
- Tangible fixed assets -€55,804
down €55,804 (-16.8%), from €332,848 to €277,045
- Cash +€5,339
up €5,339 (+6.0%), from €88,950 to €94,289
mainly Depreciation (+€55,804) and Trade debts (+€1,703)
Equity and liabilities
- Reserves -€50,017
down €50,017 (-13.6%), from €367,882 to €317,864
of which Distributable reserves: -€50,017
Income statement
- Gross operating margin -€4,652
down €4,652 (-42.6%), from €10,918 to €6,267
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.
Result 2024
-€45,356
Gross operating margin
-€4,652
Other operating charges
-€3
Financial charges
-€7
Result 2025
-€50,017
lowers the result
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.
From operations
+€5,339
Investment
€0
Financing
€0
Cash 2024
€88,950
From operations (derived)
+€5,339
Net result for the year
-€50,017
Depreciation
+€55,804
Receivables within one year
-€1,760
Deferred charges and accrued income
-€3
Trade debts
+€1,703
Tax, wage and social debts
-€388
Cash 2025
€94,289
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €441,643 | €392,941 | -€48,702 | -11.0% |
| Fixed assets | 21/28 | €332,848 | €277,045 | -€55,804 | -16.8% |
| Tangible fixed assets | 22/27 | €332,848 | €277,045 | -€55,804 | -16.8% |
| Plant, machinery and equipment | 23 | €332,848 | €277,045 | -€55,804 | -16.8% |
| Current assets | 29/58 | €108,795 | €115,896 | +€7,101 | +6.5% |
| Amounts receivable within one year | 40/41 | €19,638 | €21,398 | +€1,760 | +9.0% |
| Trade receivables | 40 | €19,638 | €21,398 | +€1,760 | +9.0% |
| Cash at bank and in hand | 54/58 | €88,950 | €94,289 | +€5,339 | +6.0% |
| Deferred charges and accrued income | 490/1 | €206 | €209 | +€3 | +1.3% |
| Total equity and liabilities | 10/49 | €441,643 | €392,941 | -€48,702 | -11.0% |
| Equity | 10/15 | €429,882 | €379,864 | -€50,017 | -11.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €367,882 | €317,864 | -€50,017 | -13.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €361,682 | €311,664 | -€50,017 | -13.8% |
| Amounts payable | 17/49 | €11,762 | €13,077 | +€1,315 | +11.2% |
| Amounts payable within one year | 42/48 | €11,762 | €13,077 | +€1,315 | +11.2% |
| Trade debts | 44 | €1,879 | €3,582 | +€1,703 | +90.6% |
| Suppliers | 440/4 | €1,879 | €3,582 | +€1,703 | +90.6% |
| Taxes, remuneration and social security | 45 | €594 | €206 | -€388 | -65.3% |
| Taxes | 450/3 | €594 | €206 | -€388 | -65.3% |
| Other amounts payable | 47/48 | €9,288 | €9,288 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,804 | €55,804 | = | 0.0% |
| Other operating charges | 640/8 | €446 | €449 | +€3 | +0.6% |
| Gross operating margin | 9900 | €10,918 | €6,267 | -€4,652 | -42.6% |
| Operating profit (loss) | 9901 | -€45,332 | -€49,986 | -€4,655 | -10.3% |
| Financial charges | 65/66B | €24 | €31 | +€7 | +28.5% |
| Recurring financial charges | 65 | €24 | €31 | +€7 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | -€45,356 | -€50,017 | -€4,662 | -10.3% |
| Profit (loss) for the period | 9904 | -€45,356 | -€50,017 | -€4,662 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,356 | -€50,017 | -€4,662 | -10.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.