O-TWEE: 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.
O-TWEE
Largest movements
- Receivables after one year -€250,000
down €250,000 (-83.3%), from €300,000 to €50,000
- Receivables within one year -€102,378
down €102,378 (-70.3%), from €145,585 to €43,207
of which Other amounts receivable: -€130,265
- Cash +€90,141
up €90,141 (+137.2%), from €65,695 to €155,836
mainly Receivables after one year (+€250,000) and Net result for the year (+€160,147)
- Other debts -€441,673
down €441,673 (-99.8%), from €442,748 to €1,074
- Reserves +€160,000
up €160,000 (+14.8%), from €1.1m to €1.2m
- Gross operating margin -€114,003
down €114,003 (-31.5%), from €362,453 to €248,451
- Taxes -€53,673
down €53,673 (-41.8%), from €128,430 to €74,757
- Financial income -€52,043
down €52,043 (-91.7%), from €56,759 to €4,715
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.
Cash bridge derived
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 | €1,648,120 | €1,370,863 | -€277,257 | -16.8% |
| Fixed assets | 21/28 | €836,840 | €821,820 | -€15,020 | -1.8% |
| Tangible fixed assets | 22/27 | €49,373 | €34,353 | -€15,020 | -30.4% |
| Land and buildings | 22 | €47,621 | €33,030 | -€14,591 | -30.6% |
| Furniture and vehicles | 24 | €1,752 | €1,323 | -€429 | -24.5% |
| Financial fixed assets | 28 | €787,467 | €787,467 | = | 0.0% |
| Current assets | 29/58 | €811,280 | €549,043 | -€262,237 | -32.3% |
| Amounts receivable after more than one year | 29 | €300,000 | €50,000 | -€250,000 | -83.3% |
| Other amounts receivable | 291 | €300,000 | €50,000 | -€250,000 | -83.3% |
| Amounts receivable within one year | 40/41 | €145,585 | €43,207 | -€102,378 | -70.3% |
| Trade receivables | 40 | €5,050 | €32,937 | +€27,887 | +552.2% |
| Other amounts receivable | 41 | €140,535 | €10,270 | -€130,265 | -92.7% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,695 | €155,836 | +€90,141 | +137.2% |
| Total equity and liabilities | 10/49 | €1,648,120 | €1,370,863 | -€277,257 | -16.8% |
| Equity | 10/15 | €1,161,092 | €1,321,239 | +€160,147 | +13.8% |
| Contributions | 10/11 | €76,067 | €76,067 | = | 0.0% |
| Reserves | 13 | €1,084,570 | €1,244,570 | +€160,000 | +14.8% |
| Distributable reserves | 133 | €1,084,570 | €1,244,570 | +€160,000 | +14.8% |
| Profit (loss) carried forward | 14 | €455 | €602 | +€147 | +32.4% |
| Amounts payable | 17/49 | €487,028 | €49,624 | -€437,405 | -89.8% |
| Amounts payable within one year | 42/48 | €487,028 | €49,624 | -€437,405 | -89.8% |
| Trade debts | 44 | €851 | €1,916 | +€1,065 | +125.2% |
| Suppliers | 440/4 | €851 | €1,916 | +€1,065 | +125.2% |
| Taxes, remuneration and social security | 45 | €43,430 | €46,634 | +€3,204 | +7.4% |
| Taxes | 450/3 | €43,430 | €46,634 | +€3,204 | +7.4% |
| Other amounts payable | 47/48 | €442,748 | €1,074 | -€441,673 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,983 | €15,020 | +€37 | +0.3% |
| Other operating charges | 640/8 | €3,690 | €2,824 | -€866 | -23.5% |
| Gross operating margin | 9900 | €362,453 | €248,451 | -€114,003 | -31.5% |
| Operating profit (loss) | 9901 | €343,781 | €230,606 | -€113,174 | -32.9% |
| Financial income | 75/76B | €56,759 | €4,715 | -€52,043 | -91.7% |
| Recurring financial income | 75 | €56,759 | €4,715 | -€52,043 | -91.7% |
| Financial charges | 65/66B | €673 | €418 | -€255 | -37.9% |
| Recurring financial charges | 65 | €673 | €418 | -€255 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €399,867 | €234,904 | -€164,963 | -41.3% |
| Income taxes | 67/77 | €128,430 | €74,757 | -€53,673 | -41.8% |
| Profit (loss) for the period | 9904 | €271,437 | €160,147 | -€111,289 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €271,437 | €160,147 | -€111,289 | -41.0% |
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 10 October 2026 via checked.be.