TWICE PRODUCTION: what changed
TWICE PRODUCTION
Largest movements
- Cash +€22,226
up €22,226 (+123%), from €18,036 to €40,262
mainly Net result for the year (+€15,949) and Depreciation (+€13,184)
- Tangible fixed assets -€7,664
down €7,664 (-53.3%), from €14,368 to €6,703
of which Furniture and vehicles: -€6,148
- Receivables within one year -€3,664
down €3,664 (-14.9%), from €24,624 to €20,960
of which Trade receivables: -€2,476
- Reserves +€8,000
new in 2025: €8,000
- Other debts +€5,792
up €5,792 (+54.3%), from €10,659 to €16,450
- Profit (loss) carried forward -€2,051
down €2,051 (-53.8%), from €3,809 to €1,758
- Trade debts -€1,840
down €1,840 (-65.7%), from €2,802 to €962
- Tax, wage and social debts +€1,223
up €1,223 (+29.5%), from €4,146 to €5,369
of which Taxes: +€1,223
- Gross operating margin +€11,091
up €11,091 (+42.0%), from €26,404 to €37,495
- Depreciation -€7,213
down €7,213 (-35.4%), from €20,397 to €13,184
- Taxes +€4,600
up €4,600 (+2,275%), from €202 to €4,802
- Other operating charges +€569
up €569 (+40.6%), from €1,400 to €1,969
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 | €61,967 | €73,315 | +€11,348 | +18.3% |
| Fixed assets | 21/28 | €14,484 | €6,703 | -€7,781 | -53.7% |
| Intangible fixed assets | 21 | €116 | €0 | -€116 | -100% |
| Tangible fixed assets | 22/27 | €14,368 | €6,703 | -€7,664 | -53.3% |
| Plant, machinery and equipment | 23 | €4,531 | €3,015 | -€1,516 | -33.5% |
| Furniture and vehicles | 24 | €9,837 | €3,689 | -€6,148 | -62.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €47,483 | €66,612 | +€19,129 | +40.3% |
| Amounts receivable within one year | 40/41 | €24,624 | €20,960 | -€3,664 | -14.9% |
| Trade receivables | 40 | €23,423 | €20,947 | -€2,476 | -10.6% |
| Other amounts receivable | 41 | €1,202 | €13 | -€1,189 | -98.9% |
| Cash at bank and in hand | 54/58 | €18,036 | €40,262 | +€22,226 | +123% |
| Deferred charges and accrued income | 490/1 | €4,823 | €5,390 | +€567 | +11.8% |
| Total equity and liabilities | 10/49 | €61,967 | €73,315 | +€11,348 | +18.3% |
| Equity | 10/15 | €24,269 | €30,218 | +€5,949 | +24.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | - | €8,000 | +€8,000 | |
| Distributable reserves | 133 | - | €8,000 | +€8,000 | |
| Profit (loss) carried forward | 14 | €3,809 | €1,758 | -€2,051 | -53.8% |
| Amounts payable | 17/49 | €37,699 | €43,098 | +€5,399 | +14.3% |
| Amounts payable after more than one year | 17 | €18,600 | €18,600 | = | 0.0% |
| Financial debts | 170/4 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,607 | €22,781 | +€5,174 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,802 | €962 | -€1,840 | -65.7% |
| Suppliers | 440/4 | €2,802 | €962 | -€1,840 | -65.7% |
| Taxes, remuneration and social security | 45 | €4,146 | €5,369 | +€1,223 | +29.5% |
| Taxes | 450/3 | €4,146 | €5,369 | +€1,223 | +29.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,659 | €16,450 | +€5,792 | +54.3% |
| Accrued charges and deferred income | 492/3 | €1,492 | €1,717 | +€225 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,397 | €13,184 | -€7,213 | -35.4% |
| Other operating charges | 640/8 | €1,400 | €1,969 | +€569 | +40.6% |
| Gross operating margin | 9900 | €26,404 | €37,495 | +€11,091 | +42.0% |
| Operating profit (loss) | 9901 | €4,607 | €22,342 | +€17,735 | +385% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €1,686 | €1,591 | -€95 | -5.6% |
| Recurring financial charges | 65 | €1,686 | €1,591 | -€95 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €2,926 | €20,751 | +€17,825 | +609% |
| Income taxes | 67/77 | €202 | €4,802 | +€4,600 | +2,275% |
| Profit (loss) for the period | 9904 | €2,724 | €15,949 | +€13,225 | +486% |
| Profit (loss) for the period to be appropriated | 9905 | €2,724 | €15,949 | +€13,225 | +486% |
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 2 November 2026 via checked.be.