TWINS TAVERN: 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 TAVERN
Largest movements
- Cash +€10,440
up €10,440 (+37.7%), from €27,665 to €38,105
mainly Trade debts (+€13,818) and Debts after one year (+€7,319)
- Receivables after one year -€5,138
down €5,138 (-13.9%), from €36,918 to €31,780
- Tangible fixed assets +€3,062
up €3,062 (+36.9%), from €8,310 to €11,372
of which Furniture and vehicles: +€4,592
- Receivables within one year +€1,080
up €1,080 (+16.7%), from €6,483 to €7,563
- Trade debts +€13,818
up €13,818 (+74.6%), from €18,517 to €32,335
- Debts after one year +€7,319
new in 2025: €7,319
- Tax, wage and social debts -€6,003
down €6,003 (-25.1%), from €23,880 to €17,877
of which Remuneration and social security: -€4,946
- Profit (loss) carried forward -€4,953
down €4,953 (-8.1%), from -€60,941 to -€65,894
- Gross operating margin -€95,756
down €95,756 (-49.1%), from €195,010 to €99,254
- Staff costs -€91,368
down €91,368 (-48.1%), from €190,038 to €98,670
- Depreciation -€2,685
down €2,685 (-53.8%), from €4,995 to €2,310
- Other operating charges -€2,188
down €2,188 (-84.6%), from €2,587 to €400
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 | €94,977 | €104,673 | +€9,696 | +10.2% |
| Fixed assets | 21/28 | €9,717 | €12,779 | +€3,062 | +31.5% |
| Tangible fixed assets | 22/27 | €8,310 | €11,372 | +€3,062 | +36.9% |
| Furniture and vehicles | 24 | - | €4,592 | +€4,592 | |
| Other tangible fixed assets | 26 | €8,310 | €6,780 | -€1,530 | -18.4% |
| Financial fixed assets | 28 | €1,407 | €1,407 | = | 0.0% |
| Current assets | 29/58 | €85,261 | €91,894 | +€6,633 | +7.8% |
| Amounts receivable after more than one year | 29 | €36,918 | €31,780 | -€5,138 | -13.9% |
| Trade receivables | 290 | €36,918 | €31,780 | -€5,138 | -13.9% |
| Stocks and contracts in progress | 3 | €14,195 | €14,447 | +€252 | +1.8% |
| Stocks | 30/36 | €14,195 | €14,447 | +€252 | +1.8% |
| Amounts receivable within one year | 40/41 | €6,483 | €7,563 | +€1,080 | +16.7% |
| Trade receivables | 40 | €6,483 | €7,563 | +€1,080 | +16.7% |
| Cash at bank and in hand | 54/58 | €27,665 | €38,105 | +€10,440 | +37.7% |
| Total equity and liabilities | 10/49 | €94,977 | €104,673 | +€9,696 | +10.2% |
| Equity | 10/15 | €48,132 | €43,179 | -€4,953 | -10.3% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €9,916 | €9,916 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,916 | €9,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,941 | -€65,894 | -€4,953 | -8.1% |
| Amounts payable | 17/49 | €46,845 | €61,494 | +€14,648 | +31.3% |
| Amounts payable after more than one year | 17 | - | €7,319 | +€7,319 | |
| Financial debts | 170/4 | - | €7,319 | +€7,319 | |
| Amounts payable within one year | 42/48 | €46,845 | €54,175 | +€7,330 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €4,449 | €3,964 | -€485 | -10.9% |
| Trade debts | 44 | €18,517 | €32,335 | +€13,818 | +74.6% |
| Suppliers | 440/4 | €18,517 | €32,335 | +€13,818 | +74.6% |
| Taxes, remuneration and social security | 45 | €23,880 | €17,877 | -€6,003 | -25.1% |
| Taxes | 450/3 | €7,002 | €5,945 | -€1,057 | -15.1% |
| Remuneration and social security | 454/9 | €16,878 | €11,932 | -€4,946 | -29.3% |
| Remuneration, social security and pensions | 62 | €190,038 | €98,670 | -€91,368 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,995 | €2,310 | -€2,685 | -53.8% |
| Other operating charges | 640/8 | €2,587 | €400 | -€2,188 | -84.6% |
| Gross operating margin | 9900 | €195,010 | €99,254 | -€95,756 | -49.1% |
| Operating profit (loss) | 9901 | -€2,610 | -€2,125 | +€485 | +18.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,988 | €2,827 | -€1,161 | -29.1% |
| Recurring financial charges | 65 | €3,988 | €2,827 | -€1,161 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,598 | -€4,953 | +€1,645 | +24.9% |
| Income taxes | 67/77 | €1,369 | - | -€1,369 | |
| Profit (loss) for the period | 9904 | -€7,967 | -€4,953 | +€3,015 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,967 | -€4,953 | +€3,015 | +37.8% |
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 27 October 2026 via checked.be.