TweeDB: 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.
TweeDB
Largest movements
- Current investments +€233,319
up €233,319 (+129%), from €180,621 to €413,940
- Cash -€124,469
down €124,469 (-59.4%), from €209,512 to €85,043
mainly Current investments (-€233,319) and Contributions, distributions and other (-€95,343)
- Tangible fixed assets +€41,812
up €41,812 (+338%), from €12,386 to €54,198
of which Leasing and similar rights: +€41,830
- Other debts +€87,893
up €87,893 (+616%), from €14,274 to €102,167
- Reserves +€30,116
up €30,116 (+6.5%), from €466,110 to €496,226
- Debts after one year +€25,687
new in 2025: €25,687
- Tax, wage and social debts +€7,831
up €7,831 (+29.4%), from €26,592 to €34,423
- Current portion of long-term debt +€7,625
new in 2025: €7,625
- Depreciation +€8,470
up €8,470 (+233%), from €3,636 to €12,106
- Gross operating margin +€6,105
up €6,105 (+3.4%), from €181,511 to €187,615
- Financial income +€4,811
up €4,811 (+38.7%), from €12,415 to €17,226
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 | €513,564 | €669,678 | +€156,114 | +30.4% |
| Fixed assets | 21/28 | €12,386 | €54,198 | +€41,812 | +338% |
| Tangible fixed assets | 22/27 | €12,386 | €54,198 | +€41,812 | +338% |
| Furniture and vehicles | 24 | €3,499 | €5,527 | +€2,028 | +58.0% |
| Leasing and similar rights | 25 | - | €41,830 | +€41,830 | |
| Other tangible fixed assets | 26 | €8,887 | €6,841 | -€2,045 | -23.0% |
| Current assets | 29/58 | €501,178 | €615,480 | +€114,302 | +22.8% |
| Amounts receivable within one year | 40/41 | €104,401 | €110,797 | +€6,396 | +6.1% |
| Trade receivables | 40 | €94,880 | €105,204 | +€10,323 | +10.9% |
| Other amounts receivable | 41 | €9,521 | €5,594 | -€3,927 | -41.2% |
| Current investments | 50/53 | €180,621 | €413,940 | +€233,319 | +129% |
| Cash at bank and in hand | 54/58 | €209,512 | €85,043 | -€124,469 | -59.4% |
| Deferred charges and accrued income | 490/1 | €6,643 | €5,699 | -€944 | -14.2% |
| Total equity and liabilities | 10/49 | €513,564 | €669,678 | +€156,114 | +30.4% |
| Equity | 10/15 | €466,110 | €496,226 | +€30,116 | +6.5% |
| Reserves | 13 | €466,110 | €496,226 | +€30,116 | +6.5% |
| Distributable reserves | 133 | €466,110 | €496,226 | +€30,116 | +6.5% |
| Amounts payable | 17/49 | €47,454 | €173,452 | +€125,998 | +266% |
| Amounts payable after more than one year | 17 | - | €25,687 | +€25,687 | |
| Financial debts | 170/4 | - | €25,687 | +€25,687 | |
| Amounts payable within one year | 42/48 | €47,420 | €147,720 | +€100,301 | +212% |
| Current portion of amounts payable after more than one year | 42 | - | €7,625 | +€7,625 | |
| Trade debts | 44 | €6,554 | €3,505 | -€3,048 | -46.5% |
| Suppliers | 440/4 | €6,554 | €3,505 | -€3,048 | -46.5% |
| Taxes, remuneration and social security | 45 | €26,592 | €34,423 | +€7,831 | +29.4% |
| Taxes | 450/3 | €26,592 | €34,423 | +€7,831 | +29.4% |
| Other amounts payable | 47/48 | €14,274 | €102,167 | +€87,893 | +616% |
| Accrued charges and deferred income | 492/3 | €34 | €44 | +€10 | +29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,636 | €12,106 | +€8,470 | +233% |
| Other operating charges | 640/8 | €3,362 | €4,091 | +€729 | +21.7% |
| Gross operating margin | 9900 | €181,511 | €187,615 | +€6,105 | +3.4% |
| Operating profit (loss) | 9901 | €174,513 | €171,418 | -€3,094 | -1.8% |
| Financial income | 75/76B | €12,415 | €17,226 | +€4,811 | +38.7% |
| Recurring financial income | 75 | €12,415 | €17,226 | +€4,811 | +38.7% |
| Financial charges | 65/66B | €4,729 | €6,074 | +€1,345 | +28.4% |
| Recurring financial charges | 65 | €4,729 | €6,074 | +€1,345 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €182,199 | €182,570 | +€371 | +0.2% |
| Income taxes | 67/77 | €56,005 | €57,111 | +€1,106 | +2.0% |
| Profit (loss) for the period | 9904 | €126,194 | €125,459 | -€735 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €126,194 | €125,459 | -€735 | -0.6% |
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.