LIKE 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.
LIKE TWINS
Largest movements
- Receivables within one year +€10,298
up €10,298 (+431%), from €2,391 to €12,689
of which Other amounts receivable: +€12,689
- Cash +€6,753
up €6,753 (+22.4%), from €30,090 to €36,843
mainly Net result for the year (+€22,378) and Depreciation (+€3,688)
- Tangible fixed assets -€2,668
down €2,668 (-18.8%), from €14,167 to €11,499
of which Plant, machinery and equipment: -€3,550
- Deferred charges and accrued income +€655
new in 2025: €655
- Profit (loss) carried forward +€22,378
up €22,378 (+82.2%), from €27,240 to €49,618
- Other debts -€6,477
down €6,477 (-100%), from €6,477 to €0
- Tax, wage and social debts -€1,503
down €1,503 (-11.7%), from €12,801 to €11,298
- Trade debts +€639
up €639 (+2,088%), from €31 to €670
- Gross operating margin -€6,649
down €6,649 (-15.8%), from €41,976 to €35,327
- Staff costs -€1,587
down €1,587 (-59.5%), from €2,666 to €1,079
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 | €46,648 | €61,686 | +€15,037 | +32.2% |
| Fixed assets | 21/28 | €14,167 | €11,499 | -€2,668 | -18.8% |
| Tangible fixed assets | 22/27 | €14,167 | €11,499 | -€2,668 | -18.8% |
| Plant, machinery and equipment | 23 | €14,167 | €10,617 | -€3,550 | -25.1% |
| Furniture and vehicles | 24 | - | €882 | +€882 | |
| Current assets | 29/58 | €32,482 | €50,187 | +€17,706 | +54.5% |
| Amounts receivable within one year | 40/41 | €2,391 | €12,689 | +€10,298 | +431% |
| Trade receivables | 40 | €2,391 | €0 | -€2,391 | -100% |
| Other amounts receivable | 41 | - | €12,689 | +€12,689 | |
| Cash at bank and in hand | 54/58 | €30,090 | €36,843 | +€6,753 | +22.4% |
| Deferred charges and accrued income | 490/1 | - | €655 | +€655 | |
| Total equity and liabilities | 10/49 | €46,648 | €61,686 | +€15,037 | +32.2% |
| Equity | 10/15 | €27,340 | €49,718 | +€22,378 | +81.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,240 | €49,618 | +€22,378 | +82.2% |
| Amounts payable | 17/49 | €19,309 | €11,968 | -€7,341 | -38.0% |
| Amounts payable within one year | 42/48 | €19,309 | €11,968 | -€7,341 | -38.0% |
| Trade debts | 44 | €31 | €670 | +€639 | +2,088% |
| Suppliers | 440/4 | €31 | €670 | +€639 | +2,088% |
| Taxes, remuneration and social security | 45 | €12,801 | €11,298 | -€1,503 | -11.7% |
| Taxes | 450/3 | €12,801 | €11,298 | -€1,503 | -11.7% |
| Other amounts payable | 47/48 | €6,477 | €0 | -€6,477 | -100% |
| Remuneration, social security and pensions | 62 | €2,666 | €1,079 | -€1,587 | -59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,584 | €3,688 | +€104 | +2.9% |
| Other operating charges | 640/8 | €683 | €860 | +€177 | +25.8% |
| Gross operating margin | 9900 | €41,976 | €35,327 | -€6,649 | -15.8% |
| Operating profit (loss) | 9901 | €35,043 | €29,700 | -€5,343 | -15.2% |
| Financial income | 75/76B | €279 | €400 | +€121 | +43.3% |
| Recurring financial income | 75 | €279 | €400 | +€121 | +43.3% |
| Financial charges | 65/66B | €292 | €344 | +€52 | +17.7% |
| Recurring financial charges | 65 | €292 | €344 | +€52 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €35,029 | €29,756 | -€5,273 | -15.1% |
| Income taxes | 67/77 | €7,790 | €7,378 | -€412 | -5.3% |
| Profit (loss) for the period | 9904 | €27,240 | €22,378 | -€4,862 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,240 | €22,378 | -€4,862 | -17.8% |
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 18 October 2026 via checked.be.