TwinLoc: 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.
TwinLoc
Largest movements
- Cash +€8,688
up €8,688 (+177.4%), from €4,897 to €13,585
mainly Depreciation (+€4,134) and Net result for the year (+€3,469)
- Tangible fixed assets -€4,134
down €4,134 (-66.3%), from €6,236 to €2,102
of which Furniture and vehicles: -€3,704
- Receivables within one year +€934
new in 2025: €934
- Deferred charges and accrued income -€857
down €857 (-83.0%), from €1,032 to €175
- Profit (loss) carried forward +€3,469
up €3,469 (+18.7%), from -€18,505 to -€15,036
- Trade debts +€1,013
up €1,013 (+279.1%), from €363 to €1,376
of which Bills of exchange payable: +€943
- Gross operating margin +€9,283
up €9,283, from -€1,098 to €8,184
- Depreciation -€3,772
down €3,772 (-47.7%), from €7,906 to €4,134
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 | €12,165 | €16,795 | +€4,631 | +38.1% |
| Fixed assets | 21/28 | €6,236 | €2,102 | -€4,134 | -66.3% |
| Tangible fixed assets | 22/27 | €6,236 | €2,102 | -€4,134 | -66.3% |
| Plant, machinery and equipment | 23 | €1,056 | €626 | -€430 | -40.7% |
| Furniture and vehicles | 24 | €5,180 | €1,477 | -€3,704 | -71.5% |
| Current assets | 29/58 | €5,928 | €14,693 | +€8,765 | +147.8% |
| Amounts receivable within one year | 40/41 | - | €934 | +€934 | |
| Trade receivables | 40 | - | €934 | +€934 | |
| Cash at bank and in hand | 54/58 | €4,897 | €13,585 | +€8,688 | +177.4% |
| Deferred charges and accrued income | 490/1 | €1,032 | €175 | -€857 | -83.0% |
| Total equity and liabilities | 10/49 | €12,165 | €16,795 | +€4,631 | +38.1% |
| Equity | 10/15 | €11,495 | €14,964 | +€3,469 | +30.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,505 | -€15,036 | +€3,469 | +18.7% |
| Amounts payable | 17/49 | €670 | €1,832 | +€1,162 | +173.4% |
| Amounts payable within one year | 42/48 | €670 | €1,832 | +€1,162 | +173.4% |
| Trade debts | 44 | €363 | €1,376 | +€1,013 | +279.1% |
| Suppliers | 440/4 | €363 | €434 | +€71 | +19.4% |
| Bills of exchange payable | 441 | - | €943 | +€943 | |
| Taxes, remuneration and social security | 45 | €132 | €280 | +€149 | +112.9% |
| Taxes | 450/3 | €132 | €280 | +€149 | +112.9% |
| Other amounts payable | 47/48 | €175 | €175 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,906 | €4,134 | -€3,772 | -47.7% |
| Other operating charges | 640/8 | €482 | €465 | -€17 | -3.6% |
| Gross operating margin | 9900 | -€1,098 | €8,184 | +€9,283 | |
| Operating profit (loss) | 9901 | -€9,486 | €3,585 | +€13,071 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €120 | €116 | -€4 | -3.2% |
| Recurring financial charges | 65 | €120 | €116 | -€4 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,605 | €3,469 | +€13,074 | |
| Profit (loss) for the period | 9904 | -€9,605 | €3,469 | +€13,074 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,605 | €3,469 | +€13,074 |
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 11 October 2026 via checked.be.