TWEEBRUGGEN: 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.
TWEEBRUGGEN
Largest movements
- Receivables within one year -€44,179
down €44,179 (-97.7%), from €45,228 to €1,049
of which Trade receivables: -€40,729
- Cash +€41,895
new in 2025: €41,895
mainly Receivables within one year (+€44,179) and Net result for the year (+€33,726)
- Tangible fixed assets -€8,666
down €8,666 (-6.5%), from €133,163 to €124,497
of which Land and buildings: -€7,232
- Current investments -€1,940
no longer reported in 2025 (was €1,940)
- Other debts -€18,836
down €18,836 (-33.1%), from €56,838 to €38,002
- Reserves +€11,614
up €11,614 (+12.0%), from €96,466 to €108,080
- Tax, wage and social debts -€2,444
down €2,444 (-29.9%), from €8,186 to €5,742
of which Remuneration and social security: -€7,865
- Staff costs -€46,260
no longer reported in 2025 (was €46,260)
- Gross operating margin -€22,836
down €22,836 (-26.9%), from €84,745 to €61,909
- Taxes +€7,703
up €7,703 (+95.8%), from €8,039 to €15,742
- Depreciation -€1,102
down €1,102 (-11.3%), from €9,768 to €8,666
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 | €180,331 | €168,278 | -€12,053 | -6.7% |
| Fixed assets | 21/28 | €133,163 | €124,497 | -€8,666 | -6.5% |
| Tangible fixed assets | 22/27 | €133,163 | €124,497 | -€8,666 | -6.5% |
| Land and buildings | 22 | €128,071 | €120,839 | -€7,232 | -5.6% |
| Plant, machinery and equipment | 23 | €5,089 | €3,658 | -€1,431 | -28.1% |
| Furniture and vehicles | 24 | €3 | - | -€3 | |
| Current assets | 29/58 | €47,168 | €43,781 | -€3,387 | -7.2% |
| Amounts receivable within one year | 40/41 | €45,228 | €1,049 | -€44,179 | -97.7% |
| Trade receivables | 40 | €40,729 | - | -€40,729 | |
| Other amounts receivable | 41 | €4,499 | €1,049 | -€3,450 | -76.7% |
| Current investments | 50/53 | €1,940 | - | -€1,940 | |
| Cash at bank and in hand | 54/58 | - | €41,895 | +€41,895 | |
| Deferred charges and accrued income | 490/1 | - | €837 | +€837 | |
| Total equity and liabilities | 10/49 | €180,331 | €168,278 | -€12,053 | -6.7% |
| Equity | 10/15 | €108,466 | €120,080 | +€11,614 | +10.7% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €96,466 | €108,080 | +€11,614 | +12.0% |
| Distributable reserves | 133 | €96,466 | €108,080 | +€11,614 | +12.0% |
| Amounts payable | 17/49 | €71,865 | €48,198 | -€23,667 | -32.9% |
| Amounts payable after more than one year | 17 | €425 | €425 | = | 0.0% |
| Other amounts payable | 178/9 | €425 | €425 | = | 0.0% |
| Amounts payable within one year | 42/48 | €68,225 | €45,506 | -€22,719 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €1,711 | €1,691 | -€20 | -1.2% |
| Trade debts | 44 | €1,490 | €71 | -€1,419 | -95.2% |
| Suppliers | 440/4 | €1,490 | €71 | -€1,419 | -95.2% |
| Taxes, remuneration and social security | 45 | €8,186 | €5,742 | -€2,444 | -29.9% |
| Taxes | 450/3 | €321 | €5,742 | +€5,421 | +1,689% |
| Remuneration and social security | 454/9 | €7,865 | - | -€7,865 | |
| Other amounts payable | 47/48 | €56,838 | €38,002 | -€18,836 | -33.1% |
| Accrued charges and deferred income | 492/3 | €3,215 | €2,267 | -€948 | -29.5% |
| Remuneration, social security and pensions | 62 | €46,260 | - | -€46,260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,768 | €8,666 | -€1,102 | -11.3% |
| Other operating charges | 640/8 | €4,076 | €3,438 | -€638 | -15.7% |
| Gross operating margin | 9900 | €84,745 | €61,909 | -€22,836 | -26.9% |
| Operating profit (loss) | 9901 | €24,641 | €49,805 | +€25,164 | +102% |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Non-recurring financial income | 76B | - | €50 | +€50 | |
| Financial charges | 65/66B | €405 | €387 | -€18 | -4.4% |
| Recurring financial charges | 65 | €405 | €387 | -€18 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €24,236 | €49,468 | +€25,232 | +104% |
| Income taxes | 67/77 | €8,039 | €15,742 | +€7,703 | +95.8% |
| Profit (loss) for the period | 9904 | €16,197 | €33,726 | +€17,529 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €16,197 | €33,726 | +€17,529 | +108% |
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 24 October 2026 via checked.be.