TWINTECH: 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.
TWINTECH
Largest movements
- Cash +€9,444
up €9,444 (+14.6%), from €64,722 to €74,166
mainly Tax, wage and social debts (+€7,292) and Current investments (+€6,887)
- Current investments -€6,887
down €6,887 (-56.1%), from €12,274 to €5,386
- Deferred charges and accrued income +€4,115
up €4,115 (+411.5%), from €1,000 to €5,115
- Receivables within one year -€2,149
down €2,149 (-91.9%), from €2,339 to €190
of which Trade receivables: -€2,119
- Tax, wage and social debts +€7,292
up €7,292 (+247.0%), from €2,953 to €10,245
of which Remuneration and social security: +€7,775
- Profit (loss) carried forward -€3,311
down €3,311 (-7.2%), from €45,968 to €42,657
- Gross operating margin -€3,278
down €3,278, from €457 to -€2,821
- Financial income -€362
down €362 (-56.2%), from €645 to €283
of which Financial income: -€362
- Other operating charges -€284
down €284 (-27.9%), from €1,015 to €731
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 | €80,685 | €85,207 | +€4,523 | +5.6% |
| Current assets | 29/58 | €80,685 | €85,207 | +€4,523 | +5.6% |
| Stocks and contracts in progress | 3 | €350 | €350 | = | 0.0% |
| Stocks | 30/36 | €350 | €350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,339 | €190 | -€2,149 | -91.9% |
| Trade receivables | 40 | €2,294 | €175 | -€2,119 | -92.4% |
| Other amounts receivable | 41 | €45 | €15 | -€30 | -66.9% |
| Current investments | 50/53 | €12,274 | €5,386 | -€6,887 | -56.1% |
| Cash at bank and in hand | 54/58 | €64,722 | €74,166 | +€9,444 | +14.6% |
| Deferred charges and accrued income | 490/1 | €1,000 | €5,115 | +€4,115 | +411.5% |
| Total equity and liabilities | 10/49 | €80,685 | €85,207 | +€4,523 | +5.6% |
| Equity | 10/15 | €77,732 | €74,421 | -€3,311 | -4.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,172 | €13,172 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,800 | €5,800 | = | 0.0% |
| Distributable reserves | 133 | €5,512 | €5,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,968 | €42,657 | -€3,311 | -7.2% |
| Amounts payable | 17/49 | €2,953 | €10,786 | +€7,833 | +265.3% |
| Amounts payable within one year | 42/48 | €2,953 | €10,786 | +€7,833 | +265.3% |
| Trade debts | 44 | - | €541 | +€541 | |
| Suppliers | 440/4 | - | €541 | +€541 | |
| Taxes, remuneration and social security | 45 | €2,953 | €10,245 | +€7,292 | +247.0% |
| Taxes | 450/3 | €563 | €80 | -€483 | -85.7% |
| Remuneration and social security | 454/9 | €2,390 | €10,165 | +€7,775 | +325.4% |
| Other operating charges | 640/8 | €1,015 | €731 | -€284 | -27.9% |
| Gross operating margin | 9900 | €457 | -€2,821 | -€3,278 | |
| Operating profit (loss) | 9901 | -€559 | -€3,552 | -€2,994 | -536.1% |
| Financial income | 75/76B | €645 | €283 | -€362 | -56.2% |
| Recurring financial income | 75 | €645 | €283 | -€362 | -56.2% |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €39 | €41 | +€2 | +4.1% |
| Recurring financial charges | 65 | €39 | €41 | +€2 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €47 | -€3,311 | -€3,358 | |
| Profit (loss) for the period | 9904 | €47 | -€3,311 | -€3,358 | |
| Profit (loss) for the period to be appropriated | 9905 | €47 | -€3,311 | -€3,358 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.