TWIN CONSTRUCTIONS: 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.
TWIN CONSTRUCTIONS
Largest movements
- Financial fixed assets +€52,122
up €52,122 (+20.8%), from €250,000 to €302,122
- Receivables after one year +€39,843
up €39,843 (+5.1%), from €787,027 to €826,870
- Debts after one year +€69,066
up €69,066 (+6.6%), from €1.1m to €1.1m
- Profit (loss) carried forward +€23,549
up €23,549 (+18.9%), from -€124,784 to -€101,235
- Gross operating margin -€7,108
down €7,108 (-267.0%), from -€2,662 to -€9,770
- Financial income +€972
up €972 (+5.1%), from €19,196 to €20,168
- Financial charges -€925
down €925 (-90.5%), from €1,023 to €98
- Other operating charges -€481
down €481 (-55.4%), from €868 to €387
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,037,974 | €1,131,089 | +€93,115 | +9.0% |
| Fixed assets | 21/28 | €250,000 | €302,122 | +€52,122 | +20.8% |
| Financial fixed assets | 28 | €250,000 | €302,122 | +€52,122 | +20.8% |
| Current assets | 29/58 | €787,974 | €828,967 | +€40,993 | +5.2% |
| Amounts receivable after more than one year | 29 | €787,027 | €826,870 | +€39,843 | +5.1% |
| Other amounts receivable | 291 | €787,027 | €826,870 | +€39,843 | +5.1% |
| Amounts receivable within one year | 40/41 | - | €500 | +€500 | |
| Trade receivables | 40 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €947 | €24 | -€923 | -97.5% |
| Deferred charges and accrued income | 490/1 | - | €1,573 | +€1,573 | |
| Total equity and liabilities | 10/49 | €1,037,974 | €1,131,089 | +€93,115 | +9.0% |
| Equity | 10/15 | -€14,784 | €8,765 | +€23,549 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,784 | -€101,235 | +€23,549 | +18.9% |
| Amounts payable | 17/49 | €1,052,758 | €1,122,324 | +€69,566 | +6.6% |
| Amounts payable after more than one year | 17 | €1,051,692 | €1,120,758 | +€69,066 | +6.6% |
| Other amounts payable | 178/9 | €1,051,692 | €1,120,758 | +€69,066 | +6.6% |
| Amounts payable within one year | 42/48 | €1,066 | €1,566 | +€500 | +46.9% |
| Trade debts | 44 | €1,066 | €1,566 | +€500 | +46.9% |
| Suppliers | 440/4 | €1,066 | €1,566 | +€500 | +46.9% |
| Other operating charges | 640/8 | €868 | €387 | -€481 | -55.4% |
| Gross operating margin | 9900 | -€2,662 | -€9,770 | -€7,108 | -267.0% |
| Operating profit (loss) | 9901 | -€3,530 | -€10,157 | -€6,627 | -187.7% |
| Financial income | 75/76B | €19,196 | €20,168 | +€972 | +5.1% |
| Recurring financial income | 75 | €19,196 | €20,168 | +€972 | +5.1% |
| Financial charges | 65/66B | €1,023 | €98 | -€925 | -90.5% |
| Recurring financial charges | 65 | €1,023 | €98 | -€925 | -90.5% |
| Profit (loss) for the period before taxes | 9903 | €14,643 | €9,913 | -€4,730 | -32.3% |
| Profit (loss) for the period | 9904 | €14,643 | €9,913 | -€4,730 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,643 | €9,913 | -€4,730 | -32.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2023 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.