TWINNSON: 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.
TWINNSON
Largest movements
- Tangible fixed assets -€40,335
down €40,335 (-7.3%), from €552,828 to €512,494
of which Land and buildings: -€30,795
- Receivables within one year -€26,279
down €26,279 (-52.4%), from €50,171 to €23,892
of which Other amounts receivable: -€26,247
- Debts after one year -€48,302
down €48,302 (-14.4%), from €334,805 to €286,503
- Trade debts -€18,573
down €18,573 (-59.1%), from €31,406 to €12,832
- Reserves -€8,743
down €8,743 (-4.1%), from €212,528 to €203,785
- Taxes +€4,005
up €4,005 (+28.8%), from €13,920 to €17,925
- Gross operating margin +€3,246
up €3,246 (+2.7%), from €121,666 to €124,912
- Financial charges -€2,995
down €2,995 (-14.8%), from €20,208 to €17,213
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 | €651,184 | €580,423 | -€70,761 | -10.9% |
| Fixed assets | 21/28 | €552,828 | €512,494 | -€40,335 | -7.3% |
| Tangible fixed assets | 22/27 | €552,828 | €512,494 | -€40,335 | -7.3% |
| Land and buildings | 22 | €532,483 | €501,688 | -€30,795 | -5.8% |
| Furniture and vehicles | 24 | €20,345 | €10,805 | -€9,540 | -46.9% |
| Current assets | 29/58 | €98,356 | €67,929 | -€30,427 | -30.9% |
| Amounts receivable within one year | 40/41 | €50,171 | €23,892 | -€26,279 | -52.4% |
| Trade receivables | 40 | €23,924 | €23,892 | -€32 | -0.1% |
| Other amounts receivable | 41 | €26,247 | - | -€26,247 | |
| Cash at bank and in hand | 54/58 | €44,883 | €40,277 | -€4,607 | -10.3% |
| Deferred charges and accrued income | 490/1 | €3,301 | €3,761 | +€459 | +13.9% |
| Total equity and liabilities | 10/49 | €651,184 | €580,423 | -€70,761 | -10.9% |
| Equity | 10/15 | €218,728 | €209,985 | -€8,743 | -4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €212,528 | €203,785 | -€8,743 | -4.1% |
| Distributable reserves | 133 | €212,528 | €203,785 | -€8,743 | -4.1% |
| Amounts payable | 17/49 | €432,457 | €370,438 | -€62,019 | -14.3% |
| Amounts payable after more than one year | 17 | €334,805 | €286,503 | -€48,302 | -14.4% |
| Financial debts | 170/4 | €334,805 | €286,503 | -€48,302 | -14.4% |
| Amounts payable within one year | 42/48 | €97,651 | €83,935 | -€13,716 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €48,169 | €48,302 | +€134 | +0.3% |
| Financial debts | 43 | €4 | €15 | +€10 | +233% |
| Credit institutions | 430/8 | €4 | €15 | +€10 | +233% |
| Trade debts | 44 | €31,406 | €12,832 | -€18,573 | -59.1% |
| Suppliers | 440/4 | €31,406 | €12,832 | -€18,573 | -59.1% |
| Taxes, remuneration and social security | 45 | €18,073 | €20,674 | +€2,602 | +14.4% |
| Taxes | 450/3 | €11,035 | €16,253 | +€5,217 | +47.3% |
| Remuneration and social security | 454/9 | €7,037 | €4,421 | -€2,616 | -37.2% |
| Other amounts payable | 47/48 | - | €2,111 | +€2,111 | |
| Remuneration, social security and pensions | 62 | €15,773 | €15,267 | -€506 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,546 | €40,335 | -€211 | -0.5% |
| Other operating charges | 640/8 | €3,142 | €3,384 | +€242 | +7.7% |
| Gross operating margin | 9900 | €121,666 | €124,912 | +€3,246 | +2.7% |
| Operating profit (loss) | 9901 | €62,206 | €65,927 | +€3,721 | +6.0% |
| Financial income | 75/76B | €15 | €614 | +€599 | +4,069% |
| Recurring financial income | 75 | €15 | €614 | +€599 | +4,069% |
| Financial charges | 65/66B | €20,208 | €17,213 | -€2,995 | -14.8% |
| Recurring financial charges | 65 | €20,208 | €17,213 | -€2,995 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €42,012 | €49,328 | +€7,315 | +17.4% |
| Income taxes | 67/77 | €13,920 | €17,925 | +€4,005 | +28.8% |
| Profit (loss) for the period | 9904 | €28,093 | €31,403 | +€3,310 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,093 | €31,403 | +€3,310 | +11.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.