TAWIN: 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.
TAWIN
Largest movements
- Receivables within one year +€80,278
up €80,278 (+303.8%), from €26,427 to €106,705
of which Other amounts receivable: +€59,095
- Receivables after one year +€18,339
up €18,339 (+11.6%), from €157,785 to €176,124
- Deferred charges and accrued income +€4,189
up €4,189 (+39.1%), from €10,727 to €14,916
- Reserves +€69,154
up €69,154 (+69.1%), from €100,030 to €169,184
- Tax, wage and social debts +€29,226
up €29,226 (+79.8%), from €36,626 to €65,852
of which Taxes: +€24,891
- Gross operating margin +€15,731
up €15,731 (+10.4%), from €151,257 to €166,988
- Taxes +€9,505
up €9,505 (+38.6%), from €24,643 to €34,148
- Financial income +€4,081
up €4,081 (+92.3%), from €4,423 to €8,504
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €205,477 | €308,656 | +€103,179 | +50.2% |
| Current assets | 29/58 | €205,477 | €308,656 | +€103,179 | +50.2% |
| Amounts receivable after more than one year | 29 | €157,785 | €176,124 | +€18,339 | +11.6% |
| Other amounts receivable | 291 | €157,785 | €176,124 | +€18,339 | +11.6% |
| Amounts receivable within one year | 40/41 | €26,427 | €106,705 | +€80,278 | +303.8% |
| Trade receivables | 40 | €25,989 | €47,172 | +€21,183 | +81.5% |
| Other amounts receivable | 41 | €438 | €59,533 | +€59,095 | +13492.0% |
| Cash at bank and in hand | 54/58 | €10,538 | €10,911 | +€373 | +3.5% |
| Deferred charges and accrued income | 490/1 | €10,727 | €14,916 | +€4,189 | +39.1% |
| Total equity and liabilities | 10/49 | €205,477 | €308,656 | +€103,179 | +50.2% |
| Equity | 10/15 | €102,530 | €171,684 | +€69,154 | +67.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €100,030 | €169,184 | +€69,154 | +69.1% |
| Distributable reserves | 133 | €100,030 | €169,184 | +€69,154 | +69.1% |
| Amounts payable | 17/49 | €102,947 | €136,972 | +€34,025 | +33.1% |
| Amounts payable within one year | 42/48 | €102,947 | €133,972 | +€31,025 | +30.1% |
| Trade debts | 44 | €65,961 | €67,761 | +€1,800 | +2.7% |
| Suppliers | 440/4 | €65,961 | €67,761 | +€1,800 | +2.7% |
| Taxes, remuneration and social security | 45 | €36,626 | €65,852 | +€29,226 | +79.8% |
| Taxes | 450/3 | €36,626 | €61,517 | +€24,891 | +68.0% |
| Remuneration and social security | 454/9 | - | €4,335 | +€4,335 | |
| Other amounts payable | 47/48 | €360 | €359 | -€1 | -0.3% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Other operating charges | 640/8 | €72,963 | €71,522 | -€1,441 | -2.0% |
| Non-recurring operating charges | 66A | €1,324 | - | -€1,324 | |
| Gross operating margin | 9900 | €151,257 | €166,988 | +€15,731 | +10.4% |
| Operating profit (loss) | 9901 | €76,970 | €95,466 | +€18,496 | +24.0% |
| Financial income | 75/76B | €4,423 | €8,504 | +€4,081 | +92.3% |
| Recurring financial income | 75 | €4,423 | €8,504 | +€4,081 | +92.3% |
| Financial charges | 65/66B | €473 | €668 | +€195 | +41.2% |
| Recurring financial charges | 65 | €473 | €668 | +€195 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | €80,920 | €103,302 | +€22,382 | +27.7% |
| Income taxes | 67/77 | €24,643 | €34,148 | +€9,505 | +38.6% |
| Profit (loss) for the period | 9904 | €56,277 | €69,154 | +€12,877 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,277 | €69,154 | +€12,877 | +22.9% |
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 11 October 2026 via checked.be.