TWIST architects: 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.
TWIST architects
Largest movements
- Cash -€29,603
down €29,603 (-62.5%), from €47,351 to €17,748
mainly Net result for the year (-€30,131) and Tax, wage and social debts (-€14,313)
- Receivables within one year -€27,886
down €27,886 (-50.3%), from €55,415 to €27,529
of which Trade receivables: -€18,733
- Stocks and contracts +€13,700
new in 2025: €13,700
- Tangible fixed assets -€10,947
down €10,947 (-23.0%), from €47,578 to €36,631
of which Furniture and vehicles: -€9,616
- Profit (loss) carried forward -€30,131
down €30,131 (-32.3%), from €93,260 to €63,129
- Tax, wage and social debts -€14,313
down €14,313 (-56.2%), from €25,463 to €11,150
- Trade debts -€12,185
down €12,185 (-80.6%), from €15,123 to €2,938
- Gross operating margin -€47,359
down €47,359, from €37,189 to -€10,170
- Taxes -€4,105
down €4,105 (-91.0%), from €4,509 to €404
- Depreciation +€1,422
up €1,422 (+8.5%), from €16,733 to €18,155
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 | €156,239 | €99,598 | -€56,641 | -36.3% |
| Fixed assets | 21/28 | €49,807 | €37,329 | -€12,478 | -25.1% |
| Intangible fixed assets | 21 | €2,229 | €698 | -€1,531 | -68.7% |
| Tangible fixed assets | 22/27 | €47,578 | €36,631 | -€10,947 | -23.0% |
| Plant, machinery and equipment | 23 | €3,333 | €2,002 | -€1,331 | -39.9% |
| Furniture and vehicles | 24 | €44,246 | €34,630 | -€9,616 | -21.7% |
| Current assets | 29/58 | €106,432 | €62,269 | -€44,163 | -41.5% |
| Stocks and contracts in progress | 3 | - | €13,700 | +€13,700 | |
| Contracts in progress | 37 | - | €13,700 | +€13,700 | |
| Amounts receivable within one year | 40/41 | €55,415 | €27,529 | -€27,886 | -50.3% |
| Trade receivables | 40 | €40,770 | €22,038 | -€18,733 | -45.9% |
| Other amounts receivable | 41 | €14,645 | €5,491 | -€9,154 | -62.5% |
| Cash at bank and in hand | 54/58 | €47,351 | €17,748 | -€29,603 | -62.5% |
| Deferred charges and accrued income | 490/1 | €3,666 | €3,292 | -€374 | -10.2% |
| Total equity and liabilities | 10/49 | €156,239 | €99,598 | -€56,641 | -36.3% |
| Equity | 10/15 | €115,260 | €85,129 | -€30,131 | -26.1% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,260 | €63,129 | -€30,131 | -32.3% |
| Amounts payable | 17/49 | €40,979 | €14,469 | -€26,511 | -64.7% |
| Amounts payable within one year | 42/48 | €40,967 | €14,469 | -€26,498 | -64.7% |
| Trade debts | 44 | €15,123 | €2,938 | -€12,185 | -80.6% |
| Suppliers | 440/4 | €15,123 | €2,938 | -€12,185 | -80.6% |
| Taxes, remuneration and social security | 45 | €25,463 | €11,150 | -€14,313 | -56.2% |
| Taxes | 450/3 | €25,463 | €11,150 | -€14,313 | -56.2% |
| Other amounts payable | 47/48 | €381 | €381 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,733 | €18,155 | +€1,422 | +8.5% |
| Other operating charges | 640/8 | €1,615 | €1,281 | -€334 | -20.7% |
| Gross operating margin | 9900 | €37,189 | -€10,170 | -€47,359 | |
| Operating profit (loss) | 9901 | €18,841 | -€29,606 | -€48,447 | |
| Financial income | 75/76B | €66 | €0 | -€66 | -99.4% |
| Recurring financial income | 75 | €66 | €0 | -€66 | -99.4% |
| Financial charges | 65/66B | €118 | €121 | +€3 | +2.6% |
| Recurring financial charges | 65 | €118 | €121 | +€3 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €18,789 | -€29,727 | -€48,516 | |
| Income taxes | 67/77 | €4,509 | €404 | -€4,105 | -91.0% |
| Profit (loss) for the period | 9904 | €14,281 | -€30,131 | -€44,411 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,281 | -€30,131 | -€44,411 |
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 24 October 2026 via checked.be.