TW Engineering Solutions: what changed
Two fiscal 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 Solutions
Largest movements
- Cash +€137,731
up €137,731 (+290.9%), from €47,346 to €185,076
mainly Net result for the year (+€129,633) and Tax, wage and social debts (+€46,856)
- Receivables within one year +€43,808
up €43,808 (+330.8%), from €13,243 to €57,051
- Profit (loss) carried forward +€129,633
up €129,633 (+148.6%), from €87,259 to €216,892
- Tax, wage and social debts +€46,856
up €46,856 (+262.4%), from €17,858 to €64,714
- Other debts +€3,703
up €3,703 (+15.0%), from €24,694 to €28,397
- Gross operating margin +€98,102
up €98,102 (+123.5%), from €79,423 to €177,525
- Taxes +€23,435
up €23,435 (+155.1%), from €15,108 to €38,543
- Depreciation +€3,374
up €3,374 (+86.8%), from €3,887 to €7,261
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 | €134,752 | €316,538 | +€181,786 | +134.9% |
| Fixed assets | 21/28 | €73,418 | €73,658 | +€240 | +0.3% |
| Tangible fixed assets | 22/27 | €73,418 | €73,658 | +€240 | +0.3% |
| Land and buildings | 22 | €49,026 | €46,092 | -€2,935 | -6.0% |
| Plant, machinery and equipment | 23 | €2,946 | €6,089 | +€3,143 | +106.7% |
| Furniture and vehicles | 24 | €21,445 | €21,477 | +€32 | +0.1% |
| Current assets | 29/58 | €61,334 | €242,881 | +€181,546 | +296.0% |
| Amounts receivable within one year | 40/41 | €13,243 | €57,051 | +€43,808 | +330.8% |
| Trade receivables | 40 | €13,243 | €57,051 | +€43,808 | +330.8% |
| Cash at bank and in hand | 54/58 | €47,346 | €185,076 | +€137,731 | +290.9% |
| Deferred charges and accrued income | 490/1 | €745 | €753 | +€8 | +1.1% |
| Total equity and liabilities | 10/49 | €134,752 | €316,538 | +€181,786 | +134.9% |
| Equity | 10/15 | €90,259 | €219,892 | +€129,633 | +143.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,259 | €216,892 | +€129,633 | +148.6% |
| Amounts payable | 17/49 | €44,493 | €96,646 | +€52,153 | +117.2% |
| Amounts payable within one year | 42/48 | €44,493 | €96,646 | +€52,153 | +117.2% |
| Trade debts | 44 | €1,941 | €3,535 | +€1,594 | +82.1% |
| Suppliers | 440/4 | €1,941 | €3,535 | +€1,594 | +82.1% |
| Taxes, remuneration and social security | 45 | €17,858 | €64,714 | +€46,856 | +262.4% |
| Taxes | 450/3 | €17,858 | €64,714 | +€46,856 | +262.4% |
| Other amounts payable | 47/48 | €24,694 | €28,397 | +€3,703 | +15.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,887 | €7,261 | +€3,374 | +86.8% |
| Other operating charges | 640/8 | €428 | €435 | +€7 | +1.7% |
| Gross operating margin | 9900 | €79,423 | €177,525 | +€98,102 | +123.5% |
| Operating profit (loss) | 9901 | €75,109 | €169,829 | +€94,721 | +126.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,944 | €1,653 | -€291 | -15.0% |
| Recurring financial charges | 65 | €1,944 | €1,653 | -€291 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €73,165 | €168,177 | +€95,012 | +129.9% |
| Income taxes | 67/77 | €15,108 | €38,543 | +€23,435 | +155.1% |
| Profit (loss) for the period | 9904 | €58,057 | €129,633 | +€71,577 | +123.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,057 | €129,633 | +€71,577 | +123.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.