TWINSERVICES: 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.
TWINSERVICES
Largest movements
- Tangible fixed assets +€7,195
up €7,195 (+351%), from €2,051 to €9,246
- Receivables within one year -€3,991
down €3,991 (-32.6%), from €12,245 to €8,254
- Cash -€1,191
down €1,191 (-7.4%), from €16,193 to €15,002
mainly Trade debts (-€10,523) and Investment in fixed assets (net) (-€8,999)
- Trade debts -€10,523
no longer reported in 2025 (was €10,523)
- Debts after one year +€6,000
new in 2025: €6,000
- Current portion of long-term debt +€3,700
up €3,700 (+193%), from €1,914 to €5,614
- Other debts +€3,520
up €3,520 (+751%), from €469 to €3,989
- Profit (loss) carried forward -€393
down €393 (-5.7%), from €6,846 to €6,453
- Taxes -€4,959
down €4,959, from €3,000 to -€1,959
- Gross operating margin -€2,029
down €2,029 (-62.5%), from €3,246 to €1,217
- Depreciation +€795
up €795 (+78.8%), from €1,009 to €1,804
- Financial charges -€139
down €139 (-11.8%), from €1,178 to €1,039
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 | €30,629 | €32,642 | +€2,013 | +6.6% |
| Fixed assets | 21/28 | €2,191 | €9,386 | +€7,195 | +328% |
| Tangible fixed assets | 22/27 | €2,051 | €9,246 | +€7,195 | +351% |
| Furniture and vehicles | 24 | €2,051 | €9,246 | +€7,195 | +351% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €28,438 | €23,256 | -€5,182 | -18.2% |
| Amounts receivable within one year | 40/41 | €12,245 | €8,254 | -€3,991 | -32.6% |
| Trade receivables | 40 | €12,245 | €8,254 | -€3,991 | -32.6% |
| Cash at bank and in hand | 54/58 | €16,193 | €15,002 | -€1,191 | -7.4% |
| Total equity and liabilities | 10/49 | €30,629 | €32,642 | +€2,013 | +6.6% |
| Equity | 10/15 | €14,906 | €14,513 | -€393 | -2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,846 | €6,453 | -€393 | -5.7% |
| Amounts payable | 17/49 | €15,723 | €18,129 | +€2,406 | +15.3% |
| Amounts payable after more than one year | 17 | - | €6,000 | +€6,000 | |
| Financial debts | 170/4 | - | €6,000 | +€6,000 | |
| Amounts payable within one year | 42/48 | €15,723 | €12,129 | -€3,594 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €1,914 | €5,614 | +€3,700 | +193% |
| Trade debts | 44 | €10,523 | - | -€10,523 | |
| Suppliers | 440/4 | €10,523 | - | -€10,523 | |
| Taxes, remuneration and social security | 45 | €2,817 | €2,526 | -€291 | -10.3% |
| Taxes | 450/3 | €791 | - | -€791 | |
| Remuneration and social security | 454/9 | €2,026 | €2,526 | +€500 | +24.7% |
| Other amounts payable | 47/48 | €469 | €3,989 | +€3,520 | +751% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,009 | €1,804 | +€795 | +78.8% |
| Other operating charges | 640/8 | €756 | €726 | -€30 | -4.0% |
| Gross operating margin | 9900 | €3,246 | €1,217 | -€2,029 | -62.5% |
| Operating profit (loss) | 9901 | €1,481 | -€1,313 | -€2,794 | |
| Financial charges | 65/66B | €1,178 | €1,039 | -€139 | -11.8% |
| Recurring financial charges | 65 | €1,178 | €1,039 | -€139 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €303 | -€2,352 | -€2,655 | |
| Income taxes | 67/77 | €3,000 | -€1,959 | -€4,959 | |
| Profit (loss) for the period | 9904 | -€2,697 | -€393 | +€2,304 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,697 | -€393 | +€2,304 | +85.4% |
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 20 October 2026 via checked.be.