Tweedle: 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.
Tweedle
Largest movements
- Receivables within one year +€13,404
up €13,404 (+132%), from €10,177 to €23,581
of which Trade receivables: +€13,363
- Cash +€2,321
up €2,321 (+319%), from €727 to €3,048
mainly Trade debts (+€22,909) and Net result for the year (+€7,759)
- Stocks and contracts +€1,415
up €1,415 (+40.0%), from €3,538 to €4,953
- Tangible fixed assets -€700
down €700 (-17.3%), from €4,041 to €3,341
of which Other tangible fixed assets: -€392
- Trade debts +€22,909
up €22,909 (+571%), from €4,015 to €26,925
- Other debts -€12,618
down €12,618 (-87.0%), from €14,507 to €1,889
- Profit (loss) carried forward +€7,759
up €7,759 (+31.2%), from -€24,876 to -€17,117
- Tax, wage and social debts -€1,925
down €1,925 (-31.1%), from €6,190 to €4,264
- Gross operating margin -€8,329
down €8,329 (-45.3%), from €18,390 to €10,060
- Financial income -€587
down €587 (-99.6%), from €589 to €2
- Financial charges -€527
down €527 (-65.5%), from €804 to €278
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 | €18,483 | €34,923 | +€16,439 | +88.9% |
| Fixed assets | 21/28 | €4,041 | €3,341 | -€700 | -17.3% |
| Tangible fixed assets | 22/27 | €4,041 | €3,341 | -€700 | -17.3% |
| Plant, machinery and equipment | 23 | €378 | €71 | -€307 | -81.2% |
| Furniture and vehicles | 24 | €1 | €0 | -€1 | -100% |
| Other tangible fixed assets | 26 | €3,662 | €3,270 | -€392 | -10.7% |
| Current assets | 29/58 | €14,442 | €31,582 | +€17,140 | +119% |
| Stocks and contracts in progress | 3 | €3,538 | €4,953 | +€1,415 | +40.0% |
| Stocks | 30/36 | €3,538 | €4,953 | +€1,415 | +40.0% |
| Amounts receivable within one year | 40/41 | €10,177 | €23,581 | +€13,404 | +132% |
| Trade receivables | 40 | €695 | €14,059 | +€13,363 | +1,922% |
| Other amounts receivable | 41 | €9,482 | €9,523 | +€41 | +0.4% |
| Cash at bank and in hand | 54/58 | €727 | €3,048 | +€2,321 | +319% |
| Total equity and liabilities | 10/49 | €18,483 | €34,923 | +€16,439 | +88.9% |
| Equity | 10/15 | -€6,229 | €1,530 | +€7,759 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €97 | €97 | = | 0.0% |
| Non-distributable reserves | 130/1 | €97 | €97 | = | 0.0% |
| Reserves not available under the articles | 1311 | €97 | €97 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,876 | -€17,117 | +€7,759 | +31.2% |
| Amounts payable | 17/49 | €24,712 | €33,393 | +€8,681 | +35.1% |
| Amounts payable within one year | 42/48 | €24,712 | €33,078 | +€8,366 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,015 | €26,925 | +€22,909 | +571% |
| Suppliers | 440/4 | €4,015 | €26,925 | +€22,909 | +571% |
| Taxes, remuneration and social security | 45 | €6,190 | €4,264 | -€1,925 | -31.1% |
| Taxes | 450/3 | €6,190 | €4,264 | -€1,925 | -31.1% |
| Other amounts payable | 47/48 | €14,507 | €1,889 | -€12,618 | -87.0% |
| Accrued charges and deferred income | 492/3 | - | €315 | +€315 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €700 | +€13 | +1.9% |
| Other operating charges | 640/8 | €1,236 | €1,144 | -€92 | -7.5% |
| Non-recurring operating charges | 66A | - | €40 | +€40 | |
| Gross operating margin | 9900 | €18,390 | €10,060 | -€8,329 | -45.3% |
| Operating profit (loss) | 9901 | €16,466 | €8,176 | -€8,290 | -50.3% |
| Financial income | 75/76B | €589 | €2 | -€587 | -99.6% |
| Recurring financial income | 75 | €589 | €2 | -€587 | -99.6% |
| Financial charges | 65/66B | €804 | €278 | -€527 | -65.5% |
| Recurring financial charges | 65 | €804 | €278 | -€527 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €16,251 | €7,900 | -€8,351 | -51.4% |
| Income taxes | 67/77 | €140 | €142 | +€2 | +1.6% |
| Profit (loss) for the period | 9904 | €16,112 | €7,759 | -€8,353 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,112 | €7,759 | -€8,353 | -51.8% |
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 20 October 2026 via checked.be.