Twee Getijden: 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.
Twee Getijden
Largest movements
- Cash +€115,107
up €115,107 (+153%), from €74,995 to €190,101
mainly Net result for the year (+€135,741) and Depreciation (+€18,174)
- Receivables within one year +€39,809
up €39,809 (+41.9%), from €95,060 to €134,869
of which Other amounts receivable: +€27,709
- Tangible fixed assets -€18,174
down €18,174 (-98.7%), from €18,405 to €231
of which Furniture and vehicles: -€17,797
- Reserves +€135,741
up €135,741 (+40.0%), from €339,042 to €474,784
- Financial income +€98,522
up €98,522 (+185%), from €53,394 to €151,916
- Gross operating margin +€24,840
up €24,840, from -€6,932 to €17,908
- Taxes +€10,651
up €10,651 (+305%), from €3,489 to €14,140
- Depreciation +€9,462
up €9,462 (+109%), from €8,711 to €18,174
- Financial charges -€1,038
down €1,038 (-48.6%), from €2,137 to €1,099
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 | €351,414 | €488,156 | +€136,742 | +38.9% |
| Fixed assets | 21/28 | €181,359 | €163,185 | -€18,174 | -10.0% |
| Tangible fixed assets | 22/27 | €18,405 | €231 | -€18,174 | -98.7% |
| Plant, machinery and equipment | 23 | €607 | €231 | -€376 | -62.0% |
| Furniture and vehicles | 24 | €17,797 | €0 | -€17,797 | -100% |
| Financial fixed assets | 28 | €162,954 | €162,954 | = | 0.0% |
| Current assets | 29/58 | €170,055 | €324,971 | +€154,916 | +91.1% |
| Amounts receivable within one year | 40/41 | €95,060 | €134,869 | +€39,809 | +41.9% |
| Trade receivables | 40 | €3,700 | €15,800 | +€12,100 | +327% |
| Other amounts receivable | 41 | €91,360 | €119,069 | +€27,709 | +30.3% |
| Cash at bank and in hand | 54/58 | €74,995 | €190,101 | +€115,107 | +153% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €351,414 | €488,156 | +€136,742 | +38.9% |
| Equity | 10/15 | €345,242 | €480,984 | +€135,741 | +39.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €339,042 | €474,784 | +€135,741 | +40.0% |
| Distributable reserves | 133 | €339,042 | €474,784 | +€135,741 | +40.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,172 | €7,172 | +€1,001 | +16.2% |
| Amounts payable within one year | 42/48 | €6,172 | €7,172 | +€1,001 | +16.2% |
| Trade debts | 44 | €1,782 | €2,070 | +€289 | +16.2% |
| Suppliers | 440/4 | €1,782 | €2,070 | +€289 | +16.2% |
| Taxes, remuneration and social security | 45 | €4,390 | €5,102 | +€712 | +16.2% |
| Taxes | 450/3 | €4,390 | €5,102 | +€712 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,711 | €18,174 | +€9,462 | +109% |
| Other operating charges | 640/8 | €568 | €669 | +€101 | +17.7% |
| Gross operating margin | 9900 | -€6,932 | €17,908 | +€24,840 | |
| Operating profit (loss) | 9901 | -€16,212 | -€935 | +€15,277 | +94.2% |
| Financial income | 75/76B | €53,394 | €151,916 | +€98,522 | +185% |
| Recurring financial income | 75 | €53,394 | €151,916 | +€98,522 | +185% |
| Financial charges | 65/66B | €2,137 | €1,099 | -€1,038 | -48.6% |
| Recurring financial charges | 65 | €2,137 | €1,099 | -€1,038 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €35,044 | €149,881 | +€114,837 | +328% |
| Income taxes | 67/77 | €3,489 | €14,140 | +€10,651 | +305% |
| Profit (loss) for the period | 9904 | €31,555 | €135,741 | +€104,186 | +330% |
| Profit (loss) for the period to be appropriated | 9905 | €31,555 | €135,741 | +€104,186 | +330% |
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 26 October 2026 via checked.be.