Twinoff: what changed
Twinoff
Largest movements
- Cash +€41,142
up €41,142 (+452%), from €9,111 to €50,253
mainly Net result for the year (+€16,922) and Receivables within one year (+€11,007)
- Receivables within one year -€11,007
down €11,007 (-21.2%), from €51,850 to €40,843
of which Trade receivables: -€11,117
- Tangible fixed assets -€4,470
down €4,470 (-57.0%), from €7,840 to €3,370
- Intangible fixed assets -€1,240
down €1,240 (-41.0%), from €3,024 to €1,784
- Reserves +€16,922
up €16,922 (+30.9%), from €54,806 to €71,728
- Tax, wage and social debts +€4,986
up €4,986 (+622%), from €802 to €5,788
- Trade debts +€2,236
up €2,236 (+184%), from €1,217 to €3,453
- Gross operating margin +€9,162
up €9,162 (+76.6%), from €11,957 to €21,119
- Taxes +€900
up €900 (+114%), from €792 to €1,692
- Depreciation -€663
down €663 (-21.3%), from €3,110 to €2,447
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 | €71,825 | €96,377 | +€24,552 | +34.2% |
| Fixed assets | 21/28 | €10,864 | €5,154 | -€5,710 | -52.6% |
| Intangible fixed assets | 21 | €3,024 | €1,784 | -€1,240 | -41.0% |
| Tangible fixed assets | 22/27 | €7,840 | €3,370 | -€4,470 | -57.0% |
| Furniture and vehicles | 24 | €7,840 | €3,370 | -€4,470 | -57.0% |
| Current assets | 29/58 | €60,961 | €91,223 | +€30,262 | +49.6% |
| Amounts receivable within one year | 40/41 | €51,850 | €40,843 | -€11,007 | -21.2% |
| Trade receivables | 40 | €40,005 | €28,888 | -€11,117 | -27.8% |
| Other amounts receivable | 41 | €11,845 | €11,955 | +€110 | +0.9% |
| Cash at bank and in hand | 54/58 | €9,111 | €50,253 | +€41,142 | +452% |
| Deferred charges and accrued income | 490/1 | - | €127 | +€127 | |
| Total equity and liabilities | 10/49 | €71,825 | €96,377 | +€24,552 | +34.2% |
| Equity | 10/15 | €69,806 | €86,728 | +€16,922 | +24.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €54,806 | €71,728 | +€16,922 | +30.9% |
| Distributable reserves | 133 | €54,806 | €71,728 | +€16,922 | +30.9% |
| Amounts payable | 17/49 | €2,019 | €9,649 | +€7,630 | +378% |
| Amounts payable within one year | 42/48 | €2,019 | €9,241 | +€7,222 | +358% |
| Trade debts | 44 | €1,217 | €3,453 | +€2,236 | +184% |
| Suppliers | 440/4 | €1,217 | €3,453 | +€2,236 | +184% |
| Taxes, remuneration and social security | 45 | €802 | €5,788 | +€4,986 | +622% |
| Taxes | 450/3 | €802 | €5,788 | +€4,986 | +622% |
| Accrued charges and deferred income | 492/3 | - | €408 | +€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,110 | €2,447 | -€663 | -21.3% |
| Other operating charges | 640/8 | €793 | €631 | -€162 | -20.4% |
| Gross operating margin | 9900 | €11,957 | €21,119 | +€9,162 | +76.6% |
| Operating profit (loss) | 9901 | €8,054 | €18,041 | +€9,987 | +124% |
| Financial income | 75/76B | €716 | €642 | -€74 | -10.3% |
| Recurring financial income | 75 | €716 | €642 | -€74 | -10.3% |
| Financial charges | 65/66B | €54 | €69 | +€15 | +27.8% |
| Recurring financial charges | 65 | €54 | €69 | +€15 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €8,716 | €18,614 | +€9,898 | +114% |
| Income taxes | 67/77 | €792 | €1,692 | +€900 | +114% |
| Profit (loss) for the period | 9904 | €7,924 | €16,922 | +€8,998 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €7,924 | €16,922 | +€8,998 | +114% |
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 2 November 2026 via checked.be.