TWIN FUNERAL: 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 FUNERAL
Largest movements
- Cash +€42,803
up €42,803 (+92.9%), from €46,079 to €88,882
mainly Net result for the year (+€268,451) and Current portion of long-term debt (+€8,771)
- Reserves +€268,451
up €268,451 (+255%), from €105,125 to €373,576
- Debts after one year -€234,420
down €234,420 (-28.8%), from €815,306 to €580,886
- Financial income +€150,000
up €150,000 (+100%), from €150,000 to €300,000
- Financial charges -€6,702
down €6,702 (-19.6%), from €34,266 to €27,565
- Gross operating margin +€117
up €117 (+2.9%), from -€4,013 to -€3,896
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 | €1,046,079 | €1,088,882 | +€42,803 | +4.1% |
| Fixed assets | 21/28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €46,079 | €88,882 | +€42,803 | +92.9% |
| Cash at bank and in hand | 54/58 | €46,079 | €88,882 | +€42,803 | +92.9% |
| Total equity and liabilities | 10/49 | €1,046,079 | €1,088,882 | +€42,803 | +4.1% |
| Equity | 10/15 | €130,125 | €398,576 | +€268,451 | +206% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €105,125 | €373,576 | +€268,451 | +255% |
| Distributable reserves | 133 | €105,125 | €373,576 | +€268,451 | +255% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €915,954 | €690,306 | -€225,649 | -24.6% |
| Amounts payable after more than one year | 17 | €815,306 | €580,886 | -€234,420 | -28.8% |
| Financial debts | 170/4 | €815,306 | €580,886 | -€234,420 | -28.8% |
| Amounts payable within one year | 42/48 | €100,649 | €109,420 | +€8,771 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €100,649 | €109,420 | +€8,771 | +8.7% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €85 | €88 | +€3 | +3.1% |
| Gross operating margin | 9900 | -€4,013 | -€3,896 | +€117 | +2.9% |
| Operating profit (loss) | 9901 | -€4,098 | -€3,984 | +€114 | +2.8% |
| Financial income | 75/76B | €150,000 | €300,000 | +€150,000 | +100% |
| Recurring financial income | 75 | €150,000 | €300,000 | +€150,000 | +100% |
| Financial charges | 65/66B | €34,266 | €27,565 | -€6,702 | -19.6% |
| Recurring financial charges | 65 | €34,266 | €27,565 | -€6,702 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €111,635 | €268,451 | +€156,816 | +140% |
| Profit (loss) for the period | 9904 | €111,635 | €268,451 | +€156,816 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €111,635 | €268,451 | +€156,816 | +140% |
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 13 October 2026 via checked.be.