Twinsolutions IT: what changed
Two fiscal 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.
Twinsolutions IT
Largest movements
- Cash +€11,835
up €11,835 (+729.3%), from €1,623 to €13,457
mainly Receivables within one year (+€5,811) and Depreciation (+€5,012)
- Receivables within one year -€5,811
down €5,811 (-31.3%), from €18,579 to €12,768
of which Trade receivables: -€5,620
- Tangible fixed assets -€5,012
down €5,012 (-31.8%), from €15,774 to €10,762
of which Plant, machinery and equipment: -€2,822
- Stocks and contracts -€1,484
down €1,484 (-15.3%), from €9,726 to €8,242
- Trade debts -€9,713
down €9,713 (-99.8%), from €9,735 to €22
- Short-term financial debts +€4,284
up €4,284 (+2196.8%), from €195 to €4,479
- Profit (loss) carried forward +€1,921
up €1,921 (+1.2%), from -€163,059 to -€161,139
- Tax, wage and social debts +€1,740
up €1,740 (+63.9%), from €2,721 to €4,461
- Other debts +€1,298
up €1,298 (+0.7%), from €177,509 to €178,807
- Gross operating margin -€842
down €842 (-9.7%), from €8,712 to €7,871
- Other operating charges +€173
up €173 (+47.2%), from €367 to €540
- Depreciation +€167
up €167 (+3.4%), from €4,845 to €5,012
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 | €45,701 | €45,230 | -€471 | -1.0% |
| Fixed assets | 21/28 | €15,774 | €10,762 | -€5,012 | -31.8% |
| Tangible fixed assets | 22/27 | €15,774 | €10,762 | -€5,012 | -31.8% |
| Land and buildings | 22 | €642 | €559 | -€83 | -12.9% |
| Plant, machinery and equipment | 23 | €5,645 | €2,822 | -€2,822 | -50.0% |
| Furniture and vehicles | 24 | €2,788 | €1,698 | -€1,090 | -39.1% |
| Other tangible fixed assets | 26 | €6,699 | €5,682 | -€1,017 | -15.2% |
| Current assets | 29/58 | €29,927 | €34,468 | +€4,540 | +15.2% |
| Stocks and contracts in progress | 3 | €9,726 | €8,242 | -€1,484 | -15.3% |
| Stocks | 30/36 | €9,726 | €8,242 | -€1,484 | -15.3% |
| Amounts receivable within one year | 40/41 | €18,579 | €12,768 | -€5,811 | -31.3% |
| Trade receivables | 40 | €17,680 | €12,060 | -€5,620 | -31.8% |
| Other amounts receivable | 41 | €899 | €708 | -€190 | -21.2% |
| Cash at bank and in hand | 54/58 | €1,623 | €13,457 | +€11,835 | +729.3% |
| Total equity and liabilities | 10/49 | €45,701 | €45,230 | -€471 | -1.0% |
| Equity | 10/15 | -€144,459 | -€142,539 | +€1,921 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,059 | -€161,139 | +€1,921 | +1.2% |
| Amounts payable | 17/49 | €190,160 | €187,768 | -€2,392 | -1.3% |
| Amounts payable within one year | 42/48 | €190,160 | €187,768 | -€2,392 | -1.3% |
| Financial debts | 43 | €195 | €4,479 | +€4,284 | +2196.8% |
| Credit institutions | 430/8 | €195 | €4,479 | +€4,284 | +2196.8% |
| Trade debts | 44 | €9,735 | €22 | -€9,713 | -99.8% |
| Suppliers | 440/4 | €9,735 | €22 | -€9,713 | -99.8% |
| Taxes, remuneration and social security | 45 | €2,721 | €4,461 | +€1,740 | +63.9% |
| Taxes | 450/3 | €2,721 | €4,461 | +€1,740 | +63.9% |
| Other amounts payable | 47/48 | €177,509 | €178,807 | +€1,298 | +0.7% |
| Non-recurring operating income | 76A | €850 | €0 | -€850 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,845 | €5,012 | +€167 | +3.4% |
| Other operating charges | 640/8 | €367 | €540 | +€173 | +47.2% |
| Gross operating margin | 9900 | €8,712 | €7,871 | -€842 | -9.7% |
| Operating profit (loss) | 9901 | €3,501 | €2,319 | -€1,182 | -33.8% |
| Financial income | 75/76B | €0 | €3 | +€3 | +5716.7% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +5716.7% |
| Financial charges | 65/66B | €385 | €402 | +€17 | +4.3% |
| Recurring financial charges | 65 | €385 | €402 | +€17 | +4.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €3,115 | €1,921 | -€1,195 | -38.4% |
| Profit (loss) for the period | 9904 | €3,115 | €1,921 | -€1,195 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,115 | €1,921 | -€1,195 | -38.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.