TWIN PROPERTIES PROJECTONTWIKKELING: what changed
TWIN PROPERTIES PROJECTONTWIKKELING
Largest movements
- Receivables within one year +€15,242
up €15,242 (+2,325%), from €656 to €15,898
of which Trade receivables: +€15,671
- Cash -€4,228
down €4,228 (-86.5%), from €4,889 to €661
mainly Net result for the year (-€32,358) and Receivables within one year (-€15,242)
- Stocks and contracts -€3,573
down €3,573 (-3.0%), from €119,096 to €115,523
- Debts after one year +€42,225
up €42,225 (+5.7%), from €742,643 to €784,868
- Profit (loss) carried forward -€32,358
down €32,358 (-4.9%), from -€656,268 to -€688,627
- Trade debts -€2,425
down €2,425 (-100%), from €2,425 to €0
- Gross operating margin +€12,480
up €12,480, from -€8,823 to €3,656
- Financial charges -€8,106
down €8,106 (-17.8%), from €45,547 to €37,441
- Write-downs -€3,676
new in 2025: -€3,676
- Other operating charges -€241
down €241 (-9.7%), from €2,491 to €2,250
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,640 | €132,081 | +€7,441 | +6.0% |
| Current assets | 29/58 | €124,640 | €132,081 | +€7,441 | +6.0% |
| Stocks and contracts in progress | 3 | €119,096 | €115,523 | -€3,573 | -3.0% |
| Stocks | 30/36 | €119,096 | €115,523 | -€3,573 | -3.0% |
| Amounts receivable within one year | 40/41 | €656 | €15,898 | +€15,242 | +2,325% |
| Trade receivables | 40 | - | €15,671 | +€15,671 | |
| Other amounts receivable | 41 | €656 | €226 | -€429 | -65.5% |
| Cash at bank and in hand | 54/58 | €4,889 | €661 | -€4,228 | -86.5% |
| Total equity and liabilities | 10/49 | €124,640 | €132,081 | +€7,441 | +6.0% |
| Equity | 10/15 | -€620,428 | -€652,787 | -€32,358 | -5.2% |
| Contributions | 10/11 | €35,840 | €35,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€656,268 | -€688,627 | -€32,358 | -4.9% |
| Amounts payable | 17/49 | €745,069 | €784,868 | +€39,799 | +5.3% |
| Amounts payable after more than one year | 17 | €742,643 | €784,868 | +€42,225 | +5.7% |
| Other amounts payable | 178/9 | €742,643 | €784,868 | +€42,225 | +5.7% |
| Amounts payable within one year | 42/48 | €2,425 | €0 | -€2,425 | -100% |
| Trade debts | 44 | €2,425 | €0 | -€2,425 | -100% |
| Suppliers | 440/4 | €2,425 | €0 | -€2,425 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,676 | -€3,676 | |
| Other operating charges | 640/8 | €2,491 | €2,250 | -€241 | -9.7% |
| Gross operating margin | 9900 | -€8,823 | €3,656 | +€12,480 | |
| Operating profit (loss) | 9901 | -€11,314 | €5,083 | +€16,397 | |
| Financial charges | 65/66B | €45,547 | €37,441 | -€8,106 | -17.8% |
| Recurring financial charges | 65 | €45,547 | €37,441 | -€8,106 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€56,862 | -€32,358 | +€24,503 | +43.1% |
| Profit (loss) for the period | 9904 | -€56,862 | -€32,358 | +€24,503 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,862 | -€32,358 | +€24,503 | +43.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.