TW ENGINEERING SERVICES: 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 ENGINEERING SERVICES
Largest movements
- Cash +€26,455
up €26,455 (+58.7%), from €45,079 to €71,534
mainly Receivables within one year (+€18,151) and Other debts (+€15,134)
- Receivables within one year -€18,151
down €18,151 (-51.8%), from €35,015 to €16,864
of which Trade receivables: -€14,436
- Other debts +€15,134
up €15,134 (+139%), from €10,853 to €25,987
- Reserves -€5,145
down €5,145 (-7.3%), from €70,183 to €65,038
- Trade debts -€2,120
down €2,120 (-58.2%), from €3,639 to €1,519
- Gross operating margin -€3,353
down €3,353 (-14.0%), from €23,917 to €20,564
- Taxes -€1,304
down €1,304 (-19.5%), from €6,689 to €5,385
- Depreciation +€640
up €640 (+34.1%), from €1,879 to €2,519
- Other operating charges +€399
up €399 (+37.2%), from €1,074 to €1,473
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 | €91,030 | €99,653 | +€8,623 | +9.5% |
| Fixed assets | 21/28 | €8,982 | €8,733 | -€249 | -2.8% |
| Tangible fixed assets | 22/27 | €8,982 | €8,733 | -€249 | -2.8% |
| Plant, machinery and equipment | 23 | €0 | €970 | +€970 | |
| Furniture and vehicles | 24 | €7,001 | €5,228 | -€1,773 | -25.3% |
| Other tangible fixed assets | 26 | €1,981 | €2,534 | +€553 | +27.9% |
| Current assets | 29/58 | €82,048 | €90,920 | +€8,872 | +10.8% |
| Amounts receivable within one year | 40/41 | €35,015 | €16,864 | -€18,151 | -51.8% |
| Trade receivables | 40 | €30,553 | €16,117 | -€14,436 | -47.2% |
| Other amounts receivable | 41 | €4,462 | €747 | -€3,715 | -83.3% |
| Cash at bank and in hand | 54/58 | €45,079 | €71,534 | +€26,455 | +58.7% |
| Deferred charges and accrued income | 490/1 | €1,955 | €2,522 | +€567 | +29.0% |
| Total equity and liabilities | 10/49 | €91,030 | €99,653 | +€8,623 | +9.5% |
| Equity | 10/15 | €70,583 | €65,438 | -€5,145 | -7.3% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €70,183 | €65,038 | -€5,145 | -7.3% |
| Distributable reserves | 133 | €70,183 | €65,038 | -€5,145 | -7.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,448 | €34,215 | +€13,767 | +67.3% |
| Amounts payable within one year | 42/48 | €20,362 | €34,215 | +€13,853 | +68.0% |
| Current portion of amounts payable after more than one year | 42 | €1,530 | €2,030 | +€501 | +32.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,639 | €1,519 | -€2,120 | -58.2% |
| Suppliers | 440/4 | €3,639 | €1,519 | -€2,120 | -58.2% |
| Taxes, remuneration and social security | 45 | €4,341 | €4,679 | +€338 | +7.8% |
| Taxes | 450/3 | €1,823 | €2,160 | +€338 | +18.5% |
| Remuneration and social security | 454/9 | €2,518 | €2,518 | = | 0.0% |
| Other amounts payable | 47/48 | €10,853 | €25,987 | +€15,134 | +139% |
| Accrued charges and deferred income | 492/3 | €85 | €0 | -€85 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,879 | €2,519 | +€640 | +34.1% |
| Other operating charges | 640/8 | €1,074 | €1,473 | +€399 | +37.2% |
| Gross operating margin | 9900 | €23,917 | €20,564 | -€3,353 | -14.0% |
| Operating profit (loss) | 9901 | €20,964 | €16,572 | -€4,392 | -20.9% |
| Financial income | 75/76B | €622 | €442 | -€181 | -29.1% |
| Recurring financial income | 75 | €622 | €442 | -€181 | -29.1% |
| Financial charges | 65/66B | €612 | €525 | -€87 | -14.3% |
| Recurring financial charges | 65 | €612 | €525 | -€87 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €20,974 | €16,489 | -€4,485 | -21.4% |
| Income taxes | 67/77 | €6,689 | €5,385 | -€1,304 | -19.5% |
| Profit (loss) for the period | 9904 | €14,285 | €11,103 | -€3,181 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,285 | €11,103 | -€3,181 | -22.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.