TWIN DIGITS: 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.
TWIN DIGITS
Largest movements
- Cash +€36,940
up €36,940 (+49.8%), from €74,180 to €111,121
mainly Net result for the year (+€42,765) and Receivables within one year (+€7,308)
- Receivables within one year -€7,308
down €7,308 (-39.5%), from €18,486 to €11,177
- Reserves +€42,765
up €42,765 (+19.3%), from €221,986 to €264,751
- Tax, wage and social debts -€12,932
down €12,932 (-60.2%), from €21,497 to €8,565
of which Taxes: -€10,932
- Gross operating margin +€21,940
up €21,940 (+54.3%), from €40,409 to €62,349
- Financial income -€20,387
down €20,387 (-97.9%), from €20,817 to €431
- Depreciation -€3,679
down €3,679 (-77.4%), from €4,754 to €1,075
- Taxes +€1,286
up €1,286 (+8.2%), from €15,770 to €17,056
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 | €274,654 | €303,353 | +€28,699 | +10.4% |
| Fixed assets | 21/28 | €149,611 | €148,536 | -€1,075 | -0.7% |
| Tangible fixed assets | 22/27 | €149,611 | €148,536 | -€1,075 | -0.7% |
| Land and buildings | 22 | €147,510 | €147,510 | = | 0.0% |
| Furniture and vehicles | 24 | €1,379 | €420 | -€959 | -69.6% |
| Other tangible fixed assets | 26 | €722 | €606 | -€116 | -16.1% |
| Current assets | 29/58 | €125,043 | €154,817 | +€29,775 | +23.8% |
| Amounts receivable within one year | 40/41 | €18,486 | €11,177 | -€7,308 | -39.5% |
| Trade receivables | 40 | €18,486 | €11,177 | -€7,308 | -39.5% |
| Current investments | 50/53 | €31,253 | €31,253 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €74,180 | €111,121 | +€36,940 | +49.8% |
| Deferred charges and accrued income | 490/1 | €1,124 | €1,267 | +€143 | +12.7% |
| Total equity and liabilities | 10/49 | €274,654 | €303,353 | +€28,699 | +10.4% |
| Equity | 10/15 | €234,386 | €277,151 | +€42,765 | +18.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €221,986 | €264,751 | +€42,765 | +19.3% |
| Distributable reserves | 133 | €221,986 | €264,751 | +€42,765 | +19.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €40,267 | €26,202 | -€14,066 | -34.9% |
| Amounts payable within one year | 42/48 | €37,002 | €24,051 | -€12,951 | -35.0% |
| Financial debts | 43 | - | €47 | +€47 | |
| Credit institutions | 430/8 | - | €47 | +€47 | |
| Trade debts | 44 | €478 | €2,186 | +€1,708 | +358% |
| Suppliers | 440/4 | €478 | €2,186 | +€1,708 | +358% |
| Taxes, remuneration and social security | 45 | €21,497 | €8,565 | -€12,932 | -60.2% |
| Taxes | 450/3 | €19,497 | €8,565 | -€10,932 | -56.1% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €15,027 | €13,253 | -€1,774 | -11.8% |
| Accrued charges and deferred income | 492/3 | €3,266 | €2,151 | -€1,114 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,754 | €1,075 | -€3,679 | -77.4% |
| Other operating charges | 640/8 | €823 | €826 | +€3 | +0.4% |
| Gross operating margin | 9900 | €40,409 | €62,349 | +€21,940 | +54.3% |
| Operating profit (loss) | 9901 | €34,832 | €60,448 | +€25,615 | +73.5% |
| Financial income | 75/76B | €20,817 | €431 | -€20,387 | -97.9% |
| Recurring financial income | 75 | €20,817 | €431 | -€20,387 | -97.9% |
| Financial charges | 65/66B | €1,639 | €1,057 | -€582 | -35.5% |
| Recurring financial charges | 65 | €1,639 | €1,057 | -€582 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €54,011 | €59,821 | +€5,810 | +10.8% |
| Income taxes | 67/77 | €15,770 | €17,056 | +€1,286 | +8.2% |
| Profit (loss) for the period | 9904 | €38,240 | €42,765 | +€4,525 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,240 | €42,765 | +€4,525 | +11.8% |
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 17 October 2026 via checked.be.