TW CONCEPT & CO: 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.
TW CONCEPT & CO
Largest movements
- Cash +€67,069
up €67,069 (+425%), from €15,792 to €82,862
mainly Receivables within one year (+€41,421) and Net result for the year (+€36,990)
- Receivables within one year -€41,421
down €41,421 (-59.7%), from €69,395 to €27,974
of which Trade receivables: -€25,488
- Tangible fixed assets +€34,125
up €34,125 (+772%), from €4,419 to €38,544
of which Furniture and vehicles: +€29,838
- Stocks and contracts -€13,260
down €13,260 (-75.0%), from €17,679 to €4,420
- Reserves +€36,900
up €36,900 (+74.7%), from €49,400 to €86,300
- Tax, wage and social debts +€20,750
up €20,750 (+760%), from €2,730 to €23,480
- Trade debts -€10,084
down €10,084 (-63.1%), from €15,982 to €5,898
- Gross operating margin +€55,434
up €55,434 (+569%), from €9,747 to €65,182
- Taxes +€14,667
up €14,667 (+383%), from €3,832 to €18,498
- Other operating charges +€9,412
up €9,412 (+7,529%), from €125 to €9,537
- Write-downs -€4,093
new in 2025: -€4,093
- Depreciation +€2,636
up €2,636 (+121%), from €2,183 to €4,819
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 | €107,285 | €154,942 | +€47,657 | +44.4% |
| Fixed assets | 21/28 | €4,419 | €38,544 | +€34,125 | +772% |
| Tangible fixed assets | 22/27 | €4,419 | €38,544 | +€34,125 | +772% |
| Plant, machinery and equipment | 23 | €4,027 | €8,315 | +€4,288 | +106% |
| Furniture and vehicles | 24 | €391 | €30,229 | +€29,838 | +7,622% |
| Current assets | 29/58 | €102,867 | €116,398 | +€13,531 | +13.2% |
| Stocks and contracts in progress | 3 | €17,679 | €4,420 | -€13,260 | -75.0% |
| Stocks | 30/36 | €17,679 | €4,420 | -€13,260 | -75.0% |
| Amounts receivable within one year | 40/41 | €69,395 | €27,974 | -€41,421 | -59.7% |
| Trade receivables | 40 | €41,162 | €15,674 | -€25,488 | -61.9% |
| Other amounts receivable | 41 | €28,233 | €12,300 | -€15,933 | -56.4% |
| Cash at bank and in hand | 54/58 | €15,792 | €82,862 | +€67,069 | +425% |
| Deferred charges and accrued income | 490/1 | - | €1,142 | +€1,142 | |
| Total equity and liabilities | 10/49 | €107,285 | €154,942 | +€47,657 | +44.4% |
| Equity | 10/15 | €88,574 | €125,564 | +€36,990 | +41.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €49,400 | €86,300 | +€36,900 | +74.7% |
| Distributable reserves | 133 | €49,400 | €86,300 | +€36,900 | +74.7% |
| Profit (loss) carried forward | 14 | €20,174 | €20,264 | +€90 | +0.4% |
| Amounts payable | 17/49 | €18,712 | €29,378 | +€10,667 | +57.0% |
| Amounts payable within one year | 42/48 | €18,712 | €29,378 | +€10,667 | +57.0% |
| Trade debts | 44 | €15,982 | €5,898 | -€10,084 | -63.1% |
| Suppliers | 440/4 | €15,982 | €5,898 | -€10,084 | -63.1% |
| Taxes, remuneration and social security | 45 | €2,730 | €23,480 | +€20,750 | +760% |
| Taxes | 450/3 | €2,730 | €23,480 | +€20,750 | +760% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,183 | €4,819 | +€2,636 | +121% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€4,093 | -€4,093 | |
| Other operating charges | 640/8 | €125 | €9,537 | +€9,412 | +7,529% |
| Gross operating margin | 9900 | €9,747 | €65,182 | +€55,434 | +569% |
| Operating profit (loss) | 9901 | €7,439 | €54,918 | +€47,479 | +638% |
| Financial income | 75/76B | €930 | €649 | -€281 | -30.2% |
| Recurring financial income | 75 | €930 | €649 | -€281 | -30.2% |
| Financial charges | 65/66B | €91 | €79 | -€12 | -13.4% |
| Recurring financial charges | 65 | €91 | €79 | -€12 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €8,278 | €55,489 | +€47,210 | +570% |
| Income taxes | 67/77 | €3,832 | €18,498 | +€14,667 | +383% |
| Profit (loss) for the period | 9904 | €4,446 | €36,990 | +€32,544 | +732% |
| Profit (loss) for the period to be appropriated | 9905 | €4,446 | €36,990 | +€32,544 | +732% |
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 15 October 2026 via checked.be.