Twin Flames: 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 Flames
Largest movements
- Receivables within one year -€70,626
down €70,626 (-97.5%), from €72,426 to €1,800
of which Trade receivables: -€37,092
- Trade debts -€27,541
down €27,541 (-90.4%), from €30,453 to €2,912
- Other debts -€26,191
down €26,191 (-16.4%), from €159,868 to €133,677
- Tax, wage and social debts -€9,870
down €9,870 (-93.2%), from €10,594 to €724
- Profit (loss) carried forward -€7,077
down €7,077 (-31.8%), from -€22,284 to -€29,361
- Gross operating margin -€21,165
down €21,165, from €18,225 to -€2,940
- Depreciation -€13,510
down €13,510 (-78.9%), from €17,118 to €3,609
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 | €179,632 | €108,952 | -€70,680 | -39.3% |
| Fixed assets | 21/28 | €107,014 | €106,060 | -€954 | -0.9% |
| Tangible fixed assets | 22/27 | €107,014 | €106,060 | -€954 | -0.9% |
| Land and buildings | 22 | €18,789 | €19,490 | +€702 | +3.7% |
| Plant, machinery and equipment | 23 | €1,042 | €456 | -€585 | -56.2% |
| Furniture and vehicles | 24 | €87,184 | €86,113 | -€1,071 | -1.2% |
| Current assets | 29/58 | €72,618 | €2,891 | -€69,726 | -96.0% |
| Amounts receivable within one year | 40/41 | €72,426 | €1,800 | -€70,626 | -97.5% |
| Trade receivables | 40 | €38,739 | €1,648 | -€37,092 | -95.7% |
| Other amounts receivable | 41 | €33,687 | €152 | -€33,535 | -99.5% |
| Cash at bank and in hand | 54/58 | €191 | €1,092 | +€900 | +470.5% |
| Total equity and liabilities | 10/49 | €179,632 | €108,952 | -€70,680 | -39.3% |
| Equity | 10/15 | -€21,284 | -€28,361 | -€7,077 | -33.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,284 | -€29,361 | -€7,077 | -31.8% |
| Amounts payable | 17/49 | €200,916 | €137,313 | -€63,603 | -31.7% |
| Amounts payable within one year | 42/48 | €200,916 | €137,313 | -€63,603 | -31.7% |
| Trade debts | 44 | €30,453 | €2,912 | -€27,541 | -90.4% |
| Suppliers | 440/4 | €30,453 | €2,912 | -€27,541 | -90.4% |
| Taxes, remuneration and social security | 45 | €10,594 | €724 | -€9,870 | -93.2% |
| Taxes | 450/3 | €10,594 | €724 | -€9,870 | -93.2% |
| Other amounts payable | 47/48 | €159,868 | €133,677 | -€26,191 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,118 | €3,609 | -€13,510 | -78.9% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €18,225 | -€2,940 | -€21,165 | |
| Operating profit (loss) | 9901 | €966 | -€6,693 | -€7,659 | |
| Financial income | 75/76B | €0 | €42 | +€42 | +421300.0% |
| Recurring financial income | 75 | €0 | €42 | +€42 | +421300.0% |
| Financial charges | 65/66B | €105 | €70 | -€35 | -33.4% |
| Recurring financial charges | 65 | €105 | €70 | -€35 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €861 | -€6,721 | -€7,582 | |
| Income taxes | 67/77 | €388 | €356 | -€32 | -8.2% |
| Profit (loss) for the period | 9904 | €473 | -€7,077 | -€7,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €473 | -€7,077 | -€7,550 |
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 4 October 2026 via checked.be.