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Fondation Twins: 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.

What changed

Fondation Twins

BE 0507.925.553
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€9,030
2023 · -€9,353+€322
Equity
€976
2023 · €10,007-€9,030
Cash
€2,058
2023 · €2,058
Balance sheet total
€1.1m
2023 · €1.1m

Largest movements

2023 to 2024
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities

    No liability line moved by more than 1% of the balance sheet total.

      Income statement
      • Gross operating margin +€817

        up €817 (+19.3%), from -€4,222 to -€3,405

      • Purchases and services -€817

        down €817 (-19.3%), from €4,222 to €3,405

      • Other operating charges +€495

        up €495 (+9.6%), from €5,131 to €5,625

      From the 2023 result to the 2024 result

      effect on the 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 2023 -€9,353
      Gross operating margin +€817
      Other operating charges -€495
      Result 2024 -€9,030
      raises the resultlowers the result

      Derived cash bridge

      cash 2023 to 2024

      Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

      From operations €0
      Investment €0
      Financing €0
      Cash 2023 €2,058
      Net result for the year -€9,030
      Debts within one year +€9,030
      Cash 2024 €2,058
      brings cash intakes cash out
      Every line side by side 23 lines
      Line Code 2023 2024 Change %
      Total assets 20/58 €1,064,014 €1,064,014 = 0.0%
      Fixed assets 21/28 €1,061,956 €1,061,956 = 0.0%
      Tangible fixed assets 22/27 €411,023 €411,023 = 0.0%
      Land and buildings 22 €411,023 €411,023 = 0.0%
      Financial fixed assets 28 €650,932 €650,932 = 0.0%
      Current assets 29/58 €2,058 €2,058 = 0.0%
      Cash at bank and in hand 54/58 €2,058 €2,058 = 0.0%
      Total equity and liabilities 10/49 €1,064,014 €1,064,014 = 0.0%
      Equity 10/15 €10,007 €976 -€9,030 -90.2%
      Contributions 10/11 €40,000 €40,000 = 0.0%
      Capital 10 €40,000 €40,000 = 0.0%
      Profit (loss) carried forward 14 -€29,993 -€39,024 -€9,030 -30.1%
      Amounts payable 17/49 €1,054,007 €1,063,037 +€9,030 +0.9%
      Amounts payable within one year 42/48 €1,054,007 €1,063,037 +€9,030 +0.9%
      Trade debts 44 €3,579 - -€3,579
      Suppliers 440/4 €3,579 - -€3,579
      Goods, raw materials, services and sundry goods 60/61 €4,222 €3,405 -€817 -19.3%
      Other operating charges 640/8 €5,131 €5,625 +€495 +9.6%
      Gross operating margin 9900 -€4,222 -€3,405 +€817 +19.3%
      Operating profit (loss) 9901 -€9,353 -€9,030 +€322 +3.4%
      Profit (loss) for the period before taxes 9903 -€9,353 -€9,030 +€322 +3.4%
      Profit (loss) for the period 9904 -€9,353 -€9,030 +€322 +3.4%
      Profit (loss) for the period to be appropriated 9905 -€9,353 -€9,030 +€322 +3.4%

      Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.