TWIDI: 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.
TWIDI
Largest movements
- Tangible fixed assets +€7,043
up €7,043 (+9.5%), from €73,855 to €80,898
of which Land and buildings: +€6,628
- Receivables within one year -€5,130
down €5,130 (-18.7%), from €27,491 to €22,361
of which Other amounts receivable: -€2,571
- Cash -€3,934
down €3,934 (-51.1%), from €7,697 to €3,763
mainly Investment in fixed assets (net) (-€17,217) and Net result for the year (-€11,250)
- Deferred charges and accrued income -€3,047
no longer reported in 2025 (was €3,047)
- Profit (loss) carried forward -€11,250
down €11,250 (-47.9%), from €23,478 to €12,228
- Other debts +€5,948
up €5,948 (+8627.5%), from €69 to €6,017
- Trade debts +€3,585
up €3,585 (+32.3%), from €11,087 to €14,671
- Tax, wage and social debts -€2,395
down €2,395 (-22.3%), from €10,743 to €8,348
of which Taxes: -€2,220
- Gross operating margin -€14,505
down €14,505 (-30.8%), from €47,133 to €32,627
- Taxes -€2,105
down €2,105 (-91.4%), from €2,303 to €198
- Depreciation +€1,519
up €1,519 (+17.6%), from €8,655 to €10,174
- Staff costs +€1,179
up €1,179 (+4.3%), from €27,366 to €28,545
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 | €113,551 | €109,438 | -€4,113 | -3.6% |
| Fixed assets | 21/28 | €74,105 | €81,148 | +€7,043 | +9.5% |
| Tangible fixed assets | 22/27 | €73,855 | €80,898 | +€7,043 | +9.5% |
| Land and buildings | 22 | €55,412 | €62,040 | +€6,628 | +12.0% |
| Furniture and vehicles | 24 | €18,443 | €18,858 | +€415 | +2.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €39,445 | €28,289 | -€11,156 | -28.3% |
| Stocks and contracts in progress | 3 | €1,210 | €2,166 | +€956 | +79.0% |
| Stocks | 30/36 | €1,210 | €2,166 | +€956 | +79.0% |
| Amounts receivable within one year | 40/41 | €27,491 | €22,361 | -€5,130 | -18.7% |
| Trade receivables | 40 | €22,284 | €19,725 | -€2,560 | -11.5% |
| Other amounts receivable | 41 | €5,207 | €2,636 | -€2,571 | -49.4% |
| Cash at bank and in hand | 54/58 | €7,697 | €3,763 | -€3,934 | -51.1% |
| Deferred charges and accrued income | 490/1 | €3,047 | - | -€3,047 | |
| Total equity and liabilities | 10/49 | €113,551 | €109,438 | -€4,113 | -3.6% |
| Equity | 10/15 | €91,652 | €80,402 | -€11,250 | -12.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,478 | €12,228 | -€11,250 | -47.9% |
| Amounts payable | 17/49 | €21,899 | €29,036 | +€7,137 | +32.6% |
| Amounts payable within one year | 42/48 | €21,899 | €29,036 | +€7,137 | +32.6% |
| Trade debts | 44 | €11,087 | €14,671 | +€3,585 | +32.3% |
| Suppliers | 440/4 | €11,087 | €14,671 | +€3,585 | +32.3% |
| Taxes, remuneration and social security | 45 | €10,743 | €8,348 | -€2,395 | -22.3% |
| Taxes | 450/3 | €7,169 | €4,949 | -€2,220 | -31.0% |
| Remuneration and social security | 454/9 | €3,574 | €3,399 | -€175 | -4.9% |
| Other amounts payable | 47/48 | €69 | €6,017 | +€5,948 | +8627.5% |
| Remuneration, social security and pensions | 62 | €27,366 | €28,545 | +€1,179 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,655 | €10,174 | +€1,519 | +17.6% |
| Other operating charges | 640/8 | €4,789 | €4,850 | +€60 | +1.3% |
| Gross operating margin | 9900 | €47,133 | €32,627 | -€14,505 | -30.8% |
| Operating profit (loss) | 9901 | €6,323 | -€10,942 | -€17,265 | |
| Financial income | 75/76B | €207 | €134 | -€74 | -35.6% |
| Recurring financial income | 75 | €207 | €134 | -€74 | -35.6% |
| Financial charges | 65/66B | €283 | €244 | -€39 | -13.8% |
| Recurring financial charges | 65 | €283 | €244 | -€39 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €6,247 | -€11,052 | -€17,299 | |
| Income taxes | 67/77 | €2,303 | €198 | -€2,105 | -91.4% |
| Profit (loss) for the period | 9904 | €3,944 | -€11,250 | -€15,194 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,944 | -€11,250 | -€15,194 |
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 12 October 2026 via checked.be.