Twinters: 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.
Twinters
Largest movements
- Cash +€27,012
up €27,012 (+151.8%), from €17,795 to €44,806
mainly Net result for the year (+€17,426) and Other debts (+€5,844)
- Receivables within one year -€4,462
down €4,462 (-61.7%), from €7,235 to €2,774
of which Trade receivables: -€4,462
- Tangible fixed assets -€496
down €496 (-37.2%), from €1,331 to €835
- Reserves +€17,426
up €17,426 (+107.1%), from €16,271 to €33,697
- Other debts +€5,844
up €5,844 (+111.9%), from €5,223 to €11,067
- Tax, wage and social debts -€1,130
down €1,130 (-52.5%), from €2,153 to €1,023
- Gross operating margin +€1,817
up €1,817 (+8.9%), from €20,521 to €22,338
- Depreciation +€340
up €340 (+218.3%), from €156 to €496
- Taxes +€315
up €315 (+7.8%), from €4,041 to €4,356
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 | €26,733 | €48,787 | +€22,055 | +82.5% |
| Fixed assets | 21/28 | €1,331 | €835 | -€496 | -37.2% |
| Tangible fixed assets | 22/27 | €1,331 | €835 | -€496 | -37.2% |
| Plant, machinery and equipment | 23 | €1,331 | €835 | -€496 | -37.2% |
| Current assets | 29/58 | €25,402 | €47,952 | +€22,550 | +88.8% |
| Amounts receivable within one year | 40/41 | €7,235 | €2,774 | -€4,462 | -61.7% |
| Trade receivables | 40 | €6,277 | €1,815 | -€4,462 | -71.1% |
| Other amounts receivable | 41 | €959 | €959 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,795 | €44,806 | +€27,012 | +151.8% |
| Deferred charges and accrued income | 490/1 | €371 | €371 | = | 0.0% |
| Total equity and liabilities | 10/49 | €26,733 | €48,787 | +€22,055 | +82.5% |
| Equity | 10/15 | €19,271 | €36,697 | +€17,426 | +90.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,271 | €33,697 | +€17,426 | +107.1% |
| Distributable reserves | 133 | €16,271 | €33,697 | +€17,426 | +107.1% |
| Amounts payable | 17/49 | €7,461 | €12,090 | +€4,629 | +62.0% |
| Amounts payable within one year | 42/48 | €7,461 | €12,090 | +€4,629 | +62.0% |
| Trade debts | 44 | €86 | €0 | -€86 | -100.0% |
| Suppliers | 440/4 | €86 | €0 | -€86 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,153 | €1,023 | -€1,130 | -52.5% |
| Taxes | 450/3 | €2,153 | €1,023 | -€1,130 | -52.5% |
| Other amounts payable | 47/48 | €5,223 | €11,067 | +€5,844 | +111.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156 | €496 | +€340 | +218.3% |
| Gross operating margin | 9900 | €20,521 | €22,338 | +€1,817 | +8.9% |
| Operating profit (loss) | 9901 | €20,365 | €21,842 | +€1,477 | +7.3% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €56 | €60 | +€4 | +7.2% |
| Recurring financial charges | 65 | €56 | €60 | +€4 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €20,312 | €21,782 | +€1,470 | +7.2% |
| Income taxes | 67/77 | €4,041 | €4,356 | +€315 | +7.8% |
| Profit (loss) for the period | 9904 | €16,271 | €17,426 | +€1,154 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,271 | €17,426 | +€1,154 | +7.1% |
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 30 September 2026 via checked.be.