TWIEEN: 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.
TWIEEN
Largest movements
- Tangible fixed assets -€10,160
down €10,160 (-3.2%), from €317,126 to €306,966
- Cash +€5,129
up €5,129 (+115%), from €4,448 to €9,577
mainly Net result for the year (+€29,384) and Depreciation (+€10,160)
- Current portion of long-term debt -€38,078
down €38,078 (-100%), from €38,078 to €0
- Reserves +€29,384
up €29,384 (+13.0%), from €226,252 to €255,636
- Trade debts +€6,256
up €6,256 (+136%), from €4,597 to €10,853
- Gross operating margin -€3,606
down €3,606 (-5.5%), from €65,901 to €62,295
- Financial charges -€879
down €879 (-32.2%), from €2,727 to €1,849
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 | €322,574 | €321,023 | -€1,551 | -0.5% |
| Fixed assets | 21/28 | €317,126 | €306,966 | -€10,160 | -3.2% |
| Tangible fixed assets | 22/27 | €317,126 | €306,966 | -€10,160 | -3.2% |
| Land and buildings | 22 | €317,126 | €306,966 | -€10,160 | -3.2% |
| Current assets | 29/58 | €5,449 | €14,058 | +€8,609 | +158% |
| Amounts receivable within one year | 40/41 | €569 | €3,592 | +€3,023 | +531% |
| Trade receivables | 40 | - | €3,592 | +€3,592 | |
| Other amounts receivable | 41 | €569 | €0 | -€569 | -100% |
| Cash at bank and in hand | 54/58 | €4,448 | €9,577 | +€5,129 | +115% |
| Deferred charges and accrued income | 490/1 | €432 | €889 | +€457 | +106% |
| Total equity and liabilities | 10/49 | €322,574 | €321,023 | -€1,551 | -0.5% |
| Equity | 10/15 | €246,252 | €275,636 | +€29,384 | +11.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €226,252 | €255,636 | +€29,384 | +13.0% |
| Distributable reserves | 133 | €226,252 | €255,636 | +€29,384 | +13.0% |
| Amounts payable | 17/49 | €76,322 | €45,387 | -€30,935 | -40.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €76,322 | €45,387 | -€30,935 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €38,078 | €0 | -€38,078 | -100% |
| Trade debts | 44 | €4,597 | €10,853 | +€6,256 | +136% |
| Suppliers | 440/4 | €4,597 | €10,853 | +€6,256 | +136% |
| Taxes, remuneration and social security | 45 | €5,170 | €4,018 | -€1,152 | -22.3% |
| Taxes | 450/3 | €5,170 | €4,018 | -€1,152 | -22.3% |
| Other amounts payable | 47/48 | €28,477 | €30,516 | +€2,039 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,160 | €10,160 | = | 0.0% |
| Other operating charges | 640/8 | €10,290 | €10,860 | +€570 | +5.5% |
| Gross operating margin | 9900 | €65,901 | €62,295 | -€3,606 | -5.5% |
| Operating profit (loss) | 9901 | €45,451 | €41,274 | -€4,177 | -9.2% |
| Financial charges | 65/66B | €2,727 | €1,849 | -€879 | -32.2% |
| Recurring financial charges | 65 | €2,727 | €1,849 | -€879 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €42,724 | €39,426 | -€3,298 | -7.7% |
| Income taxes | 67/77 | €10,681 | €10,042 | -€639 | -6.0% |
| Profit (loss) for the period | 9904 | €32,043 | €29,384 | -€2,659 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,043 | €29,384 | -€2,659 | -8.3% |
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 16 October 2026 via checked.be.