TakesTwo: 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.
TakesTwo
Largest movements
- Cash +€29,234
up €29,234 (+58.0%), from €50,375 to €79,609
mainly Net result for the year (+€35,932) and Depreciation (+€2,015)
- Tangible fixed assets +€1,101
up €1,101 (+28.5%), from €3,863 to €4,964
- Reserves +€80,048
new in 2025: €80,048
- Profit (loss) carried forward -€44,116
down €44,116 (-100%), from €44,116 to €0
- Tax, wage and social debts -€2,663
down €2,663 (-23.1%), from €11,536 to €8,873
- Other debts -€1,386
down €1,386 (-19.0%), from €7,292 to €5,906
- Gross operating margin +€6,657
up €6,657 (+15.3%), from €43,454 to €50,111
- Taxes +€1,251
up €1,251 (+14.9%), from €8,372 to €9,623
- Depreciation +€962
up €962 (+91.5%), from €1,052 to €2,015
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 | €67,002 | €98,952 | +€31,950 | +47.7% |
| Fixed assets | 21/28 | €3,863 | €4,964 | +€1,101 | +28.5% |
| Tangible fixed assets | 22/27 | €3,863 | €4,964 | +€1,101 | +28.5% |
| Plant, machinery and equipment | 23 | €3,863 | €4,964 | +€1,101 | +28.5% |
| Current assets | 29/58 | €63,139 | €93,988 | +€30,849 | +48.9% |
| Amounts receivable within one year | 40/41 | €12,173 | €13,107 | +€935 | +7.7% |
| Trade receivables | 40 | €11,937 | €13,107 | +€1,170 | +9.8% |
| Other amounts receivable | 41 | €236 | €0 | -€236 | -100% |
| Cash at bank and in hand | 54/58 | €50,375 | €79,609 | +€29,234 | +58.0% |
| Deferred charges and accrued income | 490/1 | €592 | €1,272 | +€680 | +115% |
| Total equity and liabilities | 10/49 | €67,002 | €98,952 | +€31,950 | +47.7% |
| Equity | 10/15 | €47,116 | €83,048 | +€35,932 | +76.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €80,048 | +€80,048 | |
| Distributable reserves | 133 | - | €80,048 | +€80,048 | |
| Profit (loss) carried forward | 14 | €44,116 | €0 | -€44,116 | -100% |
| Amounts payable | 17/49 | €19,886 | €15,904 | -€3,982 | -20.0% |
| Amounts payable within one year | 42/48 | €19,886 | €15,904 | -€3,982 | -20.0% |
| Trade debts | 44 | €1,058 | €1,125 | +€67 | +6.4% |
| Suppliers | 440/4 | €1,058 | €1,125 | +€67 | +6.4% |
| Taxes, remuneration and social security | 45 | €11,536 | €8,873 | -€2,663 | -23.1% |
| Taxes | 450/3 | €11,536 | €8,873 | -€2,663 | -23.1% |
| Other amounts payable | 47/48 | €7,292 | €5,906 | -€1,386 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €2,015 | +€962 | +91.5% |
| Other operating charges | 640/8 | €392 | €732 | +€340 | +86.6% |
| Gross operating margin | 9900 | €43,454 | €50,111 | +€6,657 | +15.3% |
| Operating profit (loss) | 9901 | €42,009 | €47,364 | +€5,355 | +12.7% |
| Financial income | 75/76B | €3 | €179 | +€176 | +5,663% |
| Recurring financial income | 75 | €3 | €179 | +€176 | +5,663% |
| Financial charges | 65/66B | €2,424 | €1,988 | -€436 | -18.0% |
| Recurring financial charges | 65 | €2,424 | €1,988 | -€436 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €39,588 | €45,555 | +€5,967 | +15.1% |
| Income taxes | 67/77 | €8,372 | €9,623 | +€1,251 | +14.9% |
| Profit (loss) for the period | 9904 | €31,216 | €35,932 | +€4,715 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,216 | €35,932 | +€4,715 | +15.1% |
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 16 October 2026 via checked.be.