TWILS: 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.
TWILS
Largest movements
- Cash +€93,618
up €93,618 (+1167.4%), from €8,020 to €101,637
mainly Other debts (+€71,809) and Net result for the year (+€60,690)
- Receivables within one year -€45,837
down €45,837 (-68.9%), from €66,500 to €20,663
of which Trade receivables: -€43,295
- Other debts +€71,809
up €71,809 (+214.6%), from €33,461 to €105,269
- Reserves -€14,765
down €14,765 (-100.0%), from €14,765 to €0
- Profit (loss) carried forward -€8,852
down €8,852 (-100.0%), from €8,852 to €0
- Tax, wage and social debts +€5,674
up €5,674 (+94.6%), from €6,000 to €11,673
- Trade debts -€5,315
down €5,315 (-63.1%), from €8,428 to €3,114
- Gross operating margin +€73,168
up €73,168 (+676.7%), from €10,812 to €83,979
- Taxes +€19,042
up €19,042 (+1464.7%), from €1,300 to €20,343
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 | €74,520 | €123,096 | +€48,577 | +65.2% |
| Current assets | 29/58 | €74,520 | €123,096 | +€48,577 | +65.2% |
| Amounts receivable within one year | 40/41 | €66,500 | €20,663 | -€45,837 | -68.9% |
| Trade receivables | 40 | €61,300 | €18,005 | -€43,295 | -70.6% |
| Other amounts receivable | 41 | €5,200 | €2,657 | -€2,542 | -48.9% |
| Cash at bank and in hand | 54/58 | €8,020 | €101,637 | +€93,618 | +1167.4% |
| Deferred charges and accrued income | 490/1 | - | €796 | +€796 | |
| Total equity and liabilities | 10/49 | €74,520 | €123,096 | +€48,577 | +65.2% |
| Equity | 10/15 | €26,117 | €2,500 | -€23,617 | -90.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,765 | €0 | -€14,765 | -100.0% |
| Distributable reserves | 133 | €14,765 | €0 | -€14,765 | -100.0% |
| Profit (loss) carried forward | 14 | €8,852 | €0 | -€8,852 | -100.0% |
| Amounts payable | 17/49 | €48,402 | €120,596 | +€72,194 | +149.2% |
| Amounts payable within one year | 42/48 | €47,889 | €120,056 | +€72,168 | +150.7% |
| Trade debts | 44 | €8,428 | €3,114 | -€5,315 | -63.1% |
| Suppliers | 440/4 | €8,428 | €3,114 | -€5,315 | -63.1% |
| Taxes, remuneration and social security | 45 | €6,000 | €11,673 | +€5,674 | +94.6% |
| Taxes | 450/3 | €6,000 | €11,673 | +€5,674 | +94.6% |
| Other amounts payable | 47/48 | €33,461 | €105,269 | +€71,809 | +214.6% |
| Accrued charges and deferred income | 492/3 | €514 | €540 | +€26 | +5.1% |
| Other operating charges | 640/8 | €716 | €684 | -€32 | -4.5% |
| Gross operating margin | 9900 | €10,812 | €83,979 | +€73,168 | +676.7% |
| Operating profit (loss) | 9901 | €10,095 | €83,295 | +€73,200 | +725.1% |
| Financial charges | 65/66B | €1,557 | €2,262 | +€705 | +45.3% |
| Recurring financial charges | 65 | €1,557 | €2,262 | +€705 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €8,538 | €81,033 | +€72,495 | +849.1% |
| Income taxes | 67/77 | €1,300 | €20,343 | +€19,042 | +1464.7% |
| Profit (loss) for the period | 9904 | €7,238 | €60,690 | +€53,453 | +738.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,238 | €60,690 | +€53,453 | +738.5% |
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 3 October 2026 via checked.be.