TWINKLEDIAM: 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.
What changed
TWINKLEDIAM
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€352,339
2023 · €160,067-€512,406
Equity
€20.0m
2023 · €20.3m-€352,339
Cash
€902,290
2023 · €1.6m-€682,061
Balance sheet total
€37.0m
2023 · €31.3m+€5.7m
Largest movements
Assets
- Receivables within one year +€5.2m
up €5.2m (+67.4%), from €7.7m to €12.9m
of which Trade receivables: +€5.2m
- Stocks and contracts +€1.1m
up €1.1m (+6.6%), from €16.8m to €17.9m
- Cash -€682,061
down €682,061 (-43.0%), from €1.6m to €902,290
mainly Receivables within one year (-€5.2m) and Stocks and contracts (-€1.1m)
Equity and liabilities
- Trade debts +€6.0m
up €6.0m (+56.4%), from €10.7m to €16.7m
Income statement
- Goods and materials +€11.9m
up €11.9m (+103%), from €11.5m to €23.4m
- Turnover +€11.5m
up €11.5m (+95.3%), from €12.1m to €23.6m
From the 2023 result to the 2024 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.
Result 2023
€160,067
Turnover
+€11.5m
Other operating income
-€1,992
Goods and materials
-€11.9m
Services and other goods
-€112,161
Staff costs
+€37,434
Depreciation
+€792
Write-downs
+€79,284
Other operating charges
-€95,504
Other operating items
-€14,300
Financial income
-€11,410
Financial charges
-€17,304
Taxes
-€25,950
Result 2024
-€352,339
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€682,061
Investment
€0
Financing
€0
Cash 2023
€1.6m
From operations (derived)
-€682,061
Net result for the year
-€352,339
Depreciation
+€28,320
Stocks and contracts
-€1.1m
Receivables within one year
-€5.2m
Deferred charges and accrued income
-€104,341
Trade debts
+€6.0m
Tax, wage and social debts
+€32,365
Smaller working-capital items
+€515
Cash 2024
€902,290
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,329,773 | €37,040,005 | +€5.7m | +18.2% |
| Fixed assets | 21/28 | €5,249,958 | €5,221,638 | -€28,320 | -0.5% |
| Tangible fixed assets | 22/27 | €538,279 | €509,959 | -€28,320 | -5.3% |
| Land and buildings | 22 | €533,438 | €506,210 | -€27,228 | -5.1% |
| Plant, machinery and equipment | 23 | €4,841 | €3,749 | -€1,092 | -22.6% |
| Financial fixed assets | 28 | €4,711,679 | €4,711,679 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €3,062,706 | €3,062,706 | = | 0.0% |
| Participating interests | 282 | €3,062,706 | €3,062,706 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,648,973 | €1,648,973 | = | 0.0% |
| Shares | 284 | €1,587,800 | €1,587,800 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €61,173 | €61,173 | = | 0.0% |
| Current assets | 29/58 | €26,079,815 | €31,818,367 | +€5.7m | +22.0% |
| Stocks and contracts in progress | 3 | €16,753,685 | €17,859,162 | +€1.1m | +6.6% |
| Stocks | 30/36 | €16,753,685 | €17,859,162 | +€1.1m | +6.6% |
| Goods purchased for resale | 34 | €16,753,685 | €17,859,162 | +€1.1m | +6.6% |
| Amounts receivable within one year | 40/41 | €7,732,764 | €12,943,559 | +€5.2m | +67.4% |
| Trade receivables | 40 | €7,671,011 | €12,888,349 | +€5.2m | +68.0% |
| Other amounts receivable | 41 | €61,753 | €55,210 | -€6,543 | -10.6% |
| Cash at bank and in hand | 54/58 | €1,584,351 | €902,290 | -€682,061 | -43.0% |
| Deferred charges and accrued income | 490/1 | €9,015 | €113,356 | +€104,341 | +1,157% |
| Total equity and liabilities | 10/49 | €31,329,773 | €37,040,005 | +€5.7m | +18.2% |
| Equity | 10/15 | €20,311,344 | €19,959,005 | -€352,339 | -1.7% |
| Contributions | 10/11 | €17,781,368 | €17,781,369 | +€1 | 0.0% |
| Capital | 10 | €17,781,368 | €17,781,369 | +€1 | 0.0% |
| Issued capital | 100 | €17,781,368 | €17,781,369 | +€1 | 0.0% |
| Reserves | 13 | €2,548,947 | €2,548,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €191,105 | €191,105 | = | 0.0% |
| Legal reserve | 130 | €191,105 | €191,105 | = | 0.0% |
| Distributable reserves | 133 | €2,357,842 | €2,357,842 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,971 | -€371,311 | -€352,340 | -1,857% |
| Amounts payable | 17/49 | €11,018,429 | €17,081,000 | +€6.1m | +55.0% |
| Amounts payable after more than one year | 17 | €263,000 | €263,000 | = | 0.0% |
| Financial debts | 170/4 | €263,000 | €263,000 | = | 0.0% |
| Subordinated loans | 170 | €263,000 | €263,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,755,236 | €16,817,704 | +€6.1m | +56.4% |
| Trade debts | 44 | €10,694,575 | €16,724,266 | +€6.0m | +56.4% |
| Suppliers | 440/4 | €10,694,575 | €16,724,266 | +€6.0m | +56.4% |
| Taxes, remuneration and social security | 45 | €41,958 | €74,323 | +€32,365 | +77.1% |
| Taxes | 450/3 | €25,402 | €52,504 | +€27,102 | +107% |
| Remuneration and social security | 454/9 | €16,556 | €21,819 | +€5,263 | +31.8% |
| Other amounts payable | 47/48 | €18,703 | €19,115 | +€412 | +2.2% |
| Accrued charges and deferred income | 492/3 | €193 | €296 | +€103 | +53.4% |
| Operating income | 70/76A | €12,086,290 | €23,577,001 | +€11.5m | +95.1% |
| Turnover | 70 | €12,069,225 | €23,576,228 | +€11.5m | +95.3% |
| Other operating income | 74 | €2,765 | €773 | -€1,992 | -72.0% |
| Non-recurring operating income | 76A | €14,300 | - | -€14,300 | |
| Operating charges | 60/66A | €11,906,545 | €23,854,998 | +€11.9m | +100% |
| Goods for resale, raw materials and consumables | 60 | €11,517,130 | €23,375,428 | +€11.9m | +103% |
| Change in stocks: decrease (increase) | 609 | -€10,578,679 | -€1,105,478 | +€9.5m | +89.5% |
| Services and other goods | 61 | €216,639 | €328,800 | +€112,161 | +51.8% |
| Remuneration, social security and pensions | 62 | €130,101 | €92,667 | -€37,434 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,112 | €28,320 | -€792 | -2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€79,284 | -€79,284 | |
| Other operating charges | 640/8 | €13,563 | €109,067 | +€95,504 | +704% |
| Operating profit (loss) | 9901 | €179,745 | -€277,997 | -€457,742 | |
| Recurring financial income | 75 | €26,231 | €14,821 | -€11,410 | -43.5% |
| Other financial income | 752/9 | €26,231 | €14,821 | -€11,410 | -43.5% |
| Financial charges | 65/66B | €24,249 | €41,553 | +€17,304 | +71.4% |
| Recurring financial charges | 65 | €24,249 | €41,553 | +€17,304 | +71.4% |
| Other financial charges | 652/9 | €24,249 | €41,553 | +€17,304 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €181,727 | -€304,729 | -€486,456 | |
| Income taxes | 67/77 | €21,660 | €47,610 | +€25,950 | +120% |
| Taxes | 670/3 | €21,660 | €47,614 | +€25,954 | +120% |
| Tax adjustments and reversals of tax provisions | 77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | €160,067 | -€352,339 | -€512,406 | |
| Profit (loss) for the period to be appropriated | 9905 | €160,067 | -€352,339 | -€512,406 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.