Twinprint: 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.
Twinprint
Largest movements
- Cash +€180,671
up €180,671 (+1,535%), from €11,767 to €192,438
mainly Net result for the year (+€769,247) and Depreciation (+€181,068)
- Deferred charges and accrued income +€146,813
up €146,813 (+2,822%), from €5,203 to €152,016
- Receivables within one year +€143,489
up €143,489 (+141%), from €101,789 to €245,278
of which Other amounts receivable: +€107,189
- Reserves +€769,247
up €769,247 (+33.2%), from €2.3m to €3.1m
- Debts after one year -€208,507
down €208,507 (-9.4%), from €2.2m to €2.0m
- Other debts -€109,420
down €109,420 (-40.0%), from €273,605 to €164,186
- Financial income +€398,680
up €398,680 (+29,741%), from €1,341 to €400,021
- Gross operating margin +€156,319
up €156,319 (+24.9%), from €626,988 to €783,307
- Taxes +€66,915
up €66,915 (+64.0%), from €104,573 to €171,488
- Depreciation +€36,414
up €36,414 (+25.2%), from €144,653 to €181,068
- Financial charges +€21,407
up €21,407 (+58.8%), from €36,429 to €57,836
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 | €5,258,232 | €5,723,271 | +€465,039 | +8.8% |
| Fixed assets | 21/28 | €5,139,473 | €5,133,539 | -€5,934 | -0.1% |
| Tangible fixed assets | 22/27 | €3,866,188 | €3,860,254 | -€5,934 | -0.2% |
| Land and buildings | 22 | €3,689,661 | €3,724,662 | +€35,001 | +0.9% |
| Furniture and vehicles | 24 | €176,528 | €135,592 | -€40,935 | -23.2% |
| Financial fixed assets | 28 | €1,273,285 | €1,273,285 | = | 0.0% |
| Current assets | 29/58 | €118,759 | €589,732 | +€470,973 | +397% |
| Amounts receivable within one year | 40/41 | €101,789 | €245,278 | +€143,489 | +141% |
| Trade receivables | 40 | €91,330 | €127,630 | +€36,300 | +39.7% |
| Other amounts receivable | 41 | €10,459 | €117,648 | +€107,189 | +1,025% |
| Cash at bank and in hand | 54/58 | €11,767 | €192,438 | +€180,671 | +1,535% |
| Deferred charges and accrued income | 490/1 | €5,203 | €152,016 | +€146,813 | +2,822% |
| Total equity and liabilities | 10/49 | €5,258,232 | €5,723,271 | +€465,039 | +8.8% |
| Equity | 10/15 | €2,389,944 | €3,159,190 | +€769,247 | +32.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €2,314,944 | €3,084,190 | +€769,247 | +33.2% |
| Distributable reserves | 133 | €2,314,944 | €3,084,190 | +€769,247 | +33.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,868,288 | €2,564,080 | -€304,208 | -10.6% |
| Amounts payable after more than one year | 17 | €2,227,212 | €2,018,705 | -€208,507 | -9.4% |
| Financial debts | 170/4 | €2,227,212 | €2,018,705 | -€208,507 | -9.4% |
| Amounts payable within one year | 42/48 | €638,576 | €542,876 | -€95,701 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €224,741 | €208,507 | -€16,234 | -7.2% |
| Financial debts | 43 | €33,837 | €33,844 | +€7 | 0.0% |
| Other loans | 439 | €33,837 | €33,844 | +€7 | 0.0% |
| Trade debts | 44 | €12,653 | €1,386 | -€11,267 | -89.0% |
| Suppliers | 440/4 | €12,653 | €1,386 | -€11,267 | -89.0% |
| Taxes, remuneration and social security | 45 | €93,740 | €134,953 | +€41,213 | +44.0% |
| Taxes | 450/3 | €85,540 | €134,953 | +€49,413 | +57.8% |
| Remuneration and social security | 454/9 | €8,200 | €0 | -€8,200 | -100% |
| Other amounts payable | 47/48 | €273,605 | €164,186 | -€109,420 | -40.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,653 | €181,068 | +€36,414 | +25.2% |
| Other operating charges | 640/8 | €4,766 | €3,689 | -€1,077 | -22.6% |
| Gross operating margin | 9900 | €626,988 | €783,307 | +€156,319 | +24.9% |
| Operating profit (loss) | 9901 | €477,569 | €598,550 | +€120,982 | +25.3% |
| Financial income | 75/76B | €1,341 | €400,021 | +€398,680 | +29,741% |
| Recurring financial income | 75 | €1,341 | €400,021 | +€398,680 | +29,741% |
| Financial charges | 65/66B | €36,429 | €57,836 | +€21,407 | +58.8% |
| Recurring financial charges | 65 | €36,429 | €57,836 | +€21,407 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €442,480 | €940,735 | +€498,254 | +113% |
| Income taxes | 67/77 | €104,573 | €171,488 | +€66,915 | +64.0% |
| Profit (loss) for the period | 9904 | €337,907 | €769,247 | +€431,340 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €337,907 | €769,247 | +€431,340 | +128% |
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 28 October 2026 via checked.be.