TWENTY SIX Agency: what changed
TWENTY SIX Agency
Largest movements
- Tangible fixed assets -€8,484
down €8,484 (-32.9%), from €25,776 to €17,292
of which Leasing and similar rights: -€8,055
- Receivables within one year -€3,836
down €3,836 (-18.3%), from €20,918 to €17,082
of which Trade receivables: -€4,333
- Cash -€1,061
down €1,061 (-7.6%), from €13,992 to €12,931
mainly Debts after one year (-€8,490) and Trade debts (-€6,585)
- Debts after one year -€8,490
down €8,490 (-54.4%), from €15,614 to €7,124
- Trade debts -€6,585
down €6,585 (-70.4%), from €9,353 to €2,767
- Profit (loss) carried forward +€4,125
up €4,125 (+83.9%), from €4,917 to €9,043
- Tax, wage and social debts -€3,012
down €3,012 (-42.2%), from €7,138 to €4,127
of which Taxes: -€2,703
- Gross operating margin +€7,918
up €7,918 (+74.6%), from €10,609 to €18,527
- Staff costs -€4,109
no longer reported in 2025 (was €4,109)
- Taxes +€1,780
up €1,780 (+1,380%), from €129 to €1,909
- Financial charges +€634
up €634 (+22.6%), from €2,808 to €3,441
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,755 | €47,334 | -€13,421 | -22.1% |
| Fixed assets | 21/28 | €25,776 | €17,292 | -€8,484 | -32.9% |
| Tangible fixed assets | 22/27 | €25,776 | €17,292 | -€8,484 | -32.9% |
| Furniture and vehicles | 24 | €796 | €367 | -€429 | -53.9% |
| Leasing and similar rights | 25 | €24,980 | €16,926 | -€8,055 | -32.2% |
| Current assets | 29/58 | €34,979 | €30,042 | -€4,937 | -14.1% |
| Amounts receivable within one year | 40/41 | €20,918 | €17,082 | -€3,836 | -18.3% |
| Trade receivables | 40 | €18,803 | €14,470 | -€4,333 | -23.0% |
| Other amounts receivable | 41 | €2,115 | €2,612 | +€497 | +23.5% |
| Cash at bank and in hand | 54/58 | €13,992 | €12,931 | -€1,061 | -7.6% |
| Deferred charges and accrued income | 490/1 | €69 | €28 | -€40 | -59.0% |
| Total equity and liabilities | 10/49 | €60,755 | €47,334 | -€13,421 | -22.1% |
| Equity | 10/15 | €11,717 | €15,843 | +€4,125 | +35.2% |
| Contributions | 10/11 | €6,800 | €6,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,917 | €9,043 | +€4,125 | +83.9% |
| Amounts payable | 17/49 | €49,038 | €31,491 | -€17,546 | -35.8% |
| Amounts payable after more than one year | 17 | €15,614 | €7,124 | -€8,490 | -54.4% |
| Financial debts | 170/4 | €15,614 | €7,124 | -€8,490 | -54.4% |
| Amounts payable within one year | 42/48 | €33,326 | €23,695 | -€9,631 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €6,685 | €7,001 | +€315 | +4.7% |
| Trade debts | 44 | €9,353 | €2,767 | -€6,585 | -70.4% |
| Suppliers | 440/4 | €9,353 | €2,767 | -€6,585 | -70.4% |
| Taxes, remuneration and social security | 45 | €7,138 | €4,127 | -€3,012 | -42.2% |
| Taxes | 450/3 | €6,829 | €4,127 | -€2,703 | -39.6% |
| Remuneration and social security | 454/9 | €309 | - | -€309 | |
| Other amounts payable | 47/48 | €10,149 | €9,800 | -€349 | -3.4% |
| Accrued charges and deferred income | 492/3 | €98 | €672 | +€575 | +589% |
| Remuneration, social security and pensions | 62 | €4,109 | - | -€4,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,484 | €8,484 | = | 0.0% |
| Other operating charges | 640/8 | €413 | €572 | +€159 | +38.4% |
| Gross operating margin | 9900 | €10,609 | €18,527 | +€7,918 | +74.6% |
| Operating profit (loss) | 9901 | -€2,397 | €9,471 | +€11,869 | |
| Financial income | 75/76B | €56 | €5 | -€52 | -92.0% |
| Recurring financial income | 75 | €56 | €5 | -€52 | -92.0% |
| Financial charges | 65/66B | €2,808 | €3,441 | +€634 | +22.6% |
| Recurring financial charges | 65 | €2,808 | €3,441 | +€634 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,149 | €6,035 | +€11,183 | |
| Income taxes | 67/77 | €129 | €1,909 | +€1,780 | +1,380% |
| Profit (loss) for the period | 9904 | -€5,278 | €4,125 | +€9,403 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,278 | €4,125 | +€9,403 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.