TWEEVOUD: 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.
TWEEVOUD
Largest movements
- Cash -€404
down €404 (-7.4%), from €5,469 to €5,065
mainly Net result for the year (-€290) and Receivables within one year (-€115)
- Receivables within one year +€115
up €115 (+9.7%), from €1,180 to €1,295
of which Trade receivables: +€73
- Profit (loss) carried forward -€640
no longer reported in 2025 (was €640)
- Reserves +€351
new in 2025: €351
- Gross operating margin -€4,518
down €4,518, from €4,283 to -€236
- Staff costs -€387
no longer reported in 2025 (was €387)
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 | €9,958 | €9,668 | -€290 | -2.9% |
| Fixed assets | 21/28 | €3,309 | €3,309 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,309 | €3,309 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,309 | €3,309 | = | 0.0% |
| Current assets | 29/58 | €6,649 | €6,360 | -€290 | -4.4% |
| Amounts receivable within one year | 40/41 | €1,180 | €1,295 | +€115 | +9.7% |
| Trade receivables | 40 | - | €73 | +€73 | |
| Other amounts receivable | 41 | €1,180 | €1,222 | +€41 | +3.5% |
| Cash at bank and in hand | 54/58 | €5,469 | €5,065 | -€404 | -7.4% |
| Total equity and liabilities | 10/49 | €9,958 | €9,668 | -€290 | -2.9% |
| Equity | 10/15 | €9,958 | €9,668 | -€290 | -2.9% |
| Contributions | 10/11 | €9,318 | €9,318 | = | 0.0% |
| Reserves | 13 | - | €351 | +€351 | |
| Distributable reserves | 133 | - | €351 | +€351 | |
| Profit (loss) carried forward | 14 | €640 | - | -€640 | |
| Remuneration, social security and pensions | 62 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €4,283 | -€236 | -€4,518 | |
| Operating profit (loss) | 9901 | €3,895 | -€236 | -€4,131 | |
| Financial charges | 65/66B | €60 | €54 | -€6 | -9.4% |
| Recurring financial charges | 65 | €60 | €54 | -€6 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €3,836 | -€290 | -€4,125 | |
| Profit (loss) for the period | 9904 | €3,836 | -€290 | -€4,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,836 | -€290 | -€4,125 |
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 5 October 2026 via checked.be.