TWINS GROUP: 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 GROUP
Largest movements
- Cash +€59,974
up €59,974 (+642%), from €9,344 to €69,318
mainly Net result for the year (+€53,897) and Receivables within one year (+€11,363)
- Tangible fixed assets +€12,716
up €12,716 (+700%), from €1,816 to €14,532
of which Plant, machinery and equipment: +€7,125
- Receivables within one year -€11,363
down €11,363 (-95.2%), from €11,931 to €568
of which Trade receivables: -€11,363
- Stocks and contracts -€1,485
down €1,485 (-16.6%), from €8,950 to €7,465
- Profit (loss) carried forward +€53,897
up €53,897 (+1,032%), from €5,223 to €59,120
- Tax, wage and social debts +€9,945
up €9,945 (+96.0%), from €10,363 to €20,308
of which Taxes: +€9,678
- Advances received -€4,000
down €4,000 (-28.0%), from €14,282 to €10,282
- Gross operating margin +€26,274
up €26,274 (+61.8%), from €42,539 to €68,813
- Taxes +€13,474
new in 2025: €13,474
- Depreciation +€1,284
new in 2025: €1,284
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 | €34,141 | €93,983 | +€59,842 | +175% |
| Fixed assets | 21/28 | €3,916 | €16,632 | +€12,716 | +325% |
| Tangible fixed assets | 22/27 | €1,816 | €14,532 | +€12,716 | +700% |
| Plant, machinery and equipment | 23 | - | €7,125 | +€7,125 | |
| Furniture and vehicles | 24 | €1,816 | €7,407 | +€5,591 | +308% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €30,225 | €77,351 | +€47,126 | +156% |
| Stocks and contracts in progress | 3 | €8,950 | €7,465 | -€1,485 | -16.6% |
| Stocks | 30/36 | €8,950 | €7,465 | -€1,485 | -16.6% |
| Amounts receivable within one year | 40/41 | €11,931 | €568 | -€11,363 | -95.2% |
| Trade receivables | 40 | €11,803 | €440 | -€11,363 | -96.3% |
| Other amounts receivable | 41 | €128 | €128 | -€0 | -0.1% |
| Cash at bank and in hand | 54/58 | €9,344 | €69,318 | +€59,974 | +642% |
| Total equity and liabilities | 10/49 | €34,141 | €93,983 | +€59,842 | +175% |
| Equity | 10/15 | €5,223 | €59,120 | +€53,897 | +1,032% |
| Profit (loss) carried forward | 14 | €5,223 | €59,120 | +€53,897 | +1,032% |
| Amounts payable | 17/49 | €28,918 | €34,863 | +€5,945 | +20.6% |
| Amounts payable within one year | 42/48 | €28,918 | €34,863 | +€5,945 | +20.6% |
| Trade debts | 44 | €4,273 | €4,273 | -€0 | 0.0% |
| Suppliers | 440/4 | €4,273 | €4,273 | -€0 | 0.0% |
| Advances received on contracts in progress | 46 | €14,282 | €10,282 | -€4,000 | -28.0% |
| Taxes, remuneration and social security | 45 | €10,363 | €20,308 | +€9,945 | +96.0% |
| Taxes | 450/3 | €9,930 | €19,608 | +€9,678 | +97.5% |
| Remuneration and social security | 454/9 | €432 | €700 | +€268 | +61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,284 | +€1,284 | |
| Other operating charges | 640/8 | €163 | - | -€163 | |
| Gross operating margin | 9900 | €42,539 | €68,813 | +€26,274 | +61.8% |
| Operating profit (loss) | 9901 | €42,376 | €67,529 | +€25,154 | +59.4% |
| Financial charges | 65/66B | €129 | €158 | +€29 | +22.7% |
| Recurring financial charges | 65 | €129 | €158 | +€29 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €42,247 | €67,371 | +€25,124 | +59.5% |
| Income taxes | 67/77 | - | €13,474 | +€13,474 | |
| Profit (loss) for the period | 9904 | €42,247 | €53,897 | +€11,650 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,247 | €53,897 | +€11,650 | +27.6% |
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 23 October 2026 via checked.be.