TWINS & C°: 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.
TWINS & C°
Largest movements
- Cash +€174,371
up €174,371 (+450.0%), from €38,747 to €213,117
mainly Net result for the year (+€91,063) and Investment in fixed assets (net) (+€74,844)
- Tangible fixed assets -€80,344
down €80,344 (-52.5%), from €152,916 to €72,571
of which Land and buildings: -€79,612
- Stocks and contracts +€10,081
up €10,081 (+22.5%), from €44,782 to €54,863
- Deferred charges and accrued income -€4,886
down €4,886 (-65.8%), from €7,426 to €2,540
- Profit (loss) carried forward +€91,063
up €91,063, from -€12,911 to €78,152
- Tax, wage and social debts +€23,269
up €23,269 (+9843.5%), from €236 to €23,505
of which Taxes: +€23,269
- Debts after one year -€17,504
down €17,504 (-37.1%), from €47,210 to €29,706
- Trade debts -€5,688
down €5,688 (-32.7%), from €17,405 to €11,717
- Other debts +€5,634
up €5,634 (+4.9%), from €115,171 to €120,806
- Gross operating margin +€65,314
up €65,314 (+103.4%), from €63,194 to €128,508
- Staff costs -€48,892
down €48,892 (-100.0%), from €48,892 to €0
- Taxes +€23,269
up €23,269 (+9843.5%), from €236 to €23,505
- Depreciation -€7,320
down €7,320 (-57.1%), from €12,820 to €5,500
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 | €248,079 | €345,767 | +€97,688 | +39.4% |
| Fixed assets | 21/28 | €152,916 | €72,571 | -€80,344 | -52.5% |
| Tangible fixed assets | 22/27 | €152,916 | €72,571 | -€80,344 | -52.5% |
| Land and buildings | 22 | €149,172 | €69,560 | -€79,612 | -53.4% |
| Plant, machinery and equipment | 23 | €3,743 | €3,011 | -€732 | -19.6% |
| Current assets | 29/58 | €95,163 | €273,196 | +€178,032 | +187.1% |
| Stocks and contracts in progress | 3 | €44,782 | €54,863 | +€10,081 | +22.5% |
| Stocks | 30/36 | €44,782 | €54,863 | +€10,081 | +22.5% |
| Amounts receivable within one year | 40/41 | €4,209 | €2,676 | -€1,533 | -36.4% |
| Trade receivables | 40 | €1,882 | €1,924 | +€42 | +2.2% |
| Other amounts receivable | 41 | €2,327 | €752 | -€1,575 | -67.7% |
| Cash at bank and in hand | 54/58 | €38,747 | €213,117 | +€174,371 | +450.0% |
| Deferred charges and accrued income | 490/1 | €7,426 | €2,540 | -€4,886 | -65.8% |
| Total equity and liabilities | 10/49 | €248,079 | €345,767 | +€97,688 | +39.4% |
| Equity | 10/15 | €37,089 | €128,152 | +€91,063 | +245.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,911 | €78,152 | +€91,063 | |
| Amounts payable | 17/49 | €210,990 | €217,615 | +€6,625 | +3.1% |
| Amounts payable after more than one year | 17 | €47,210 | €29,706 | -€17,504 | -37.1% |
| Financial debts | 170/4 | €47,210 | €29,706 | -€17,504 | -37.1% |
| Amounts payable within one year | 42/48 | €149,403 | €173,531 | +€24,129 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €16,590 | €17,504 | +€914 | +5.5% |
| Trade debts | 44 | €17,405 | €11,717 | -€5,688 | -32.7% |
| Suppliers | 440/4 | €17,405 | €11,717 | -€5,688 | -32.7% |
| Taxes, remuneration and social security | 45 | €236 | €23,505 | +€23,269 | +9843.5% |
| Taxes | 450/3 | €236 | €23,505 | +€23,269 | +9843.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €115,171 | €120,806 | +€5,634 | +4.9% |
| Accrued charges and deferred income | 492/3 | €14,378 | €14,378 | = | 0.0% |
| Non-recurring operating income | 76A | - | €126,464 | +€126,464 | |
| Remuneration, social security and pensions | 62 | €48,892 | €0 | -€48,892 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,820 | €5,500 | -€7,320 | -57.1% |
| Other operating charges | 640/8 | €3,625 | €3,602 | -€23 | -0.6% |
| Gross operating margin | 9900 | €63,194 | €128,508 | +€65,314 | +103.4% |
| Operating profit (loss) | 9901 | -€2,144 | €119,406 | +€121,550 | |
| Financial income | 75/76B | €1 | €15 | +€13 | +1090.2% |
| Recurring financial income | 75 | €1 | €15 | +€13 | +1090.2% |
| Financial charges | 65/66B | €5,740 | €4,852 | -€888 | -15.5% |
| Recurring financial charges | 65 | €5,740 | €4,852 | -€888 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,883 | €114,568 | +€122,451 | |
| Income taxes | 67/77 | €236 | €23,505 | +€23,269 | +9843.5% |
| Profit (loss) for the period | 9904 | -€8,119 | €91,063 | +€99,182 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,119 | €91,063 | +€99,182 |
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.