TWIST & SHOP: 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 & SHOP
Largest movements
- Receivables after one year -€73,252
no longer reported in 2025 (was €73,252)
- Financial fixed assets -€6,194
down €6,194 (-5.9%), from €104,194 to €98,000
- Debts after one year -€1.3m
no longer reported in 2025 (was €1.3m)
- Profit (loss) carried forward +€1.2m
up €1.2m (+71.2%), from -€1.6m to -€470,613
- Tax, wage and social debts +€13,996
new in 2025: €13,996
- Gross operating margin +€1.2m
up €1.2m, from -€4,429 to €1.2m
- Taxes +€13,996
new in 2025: €13,996
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 | €181,807 | €100,759 | -€81,048 | -44.6% |
| Fixed assets | 21/28 | €104,194 | €98,000 | -€6,194 | -5.9% |
| Financial fixed assets | 28 | €104,194 | €98,000 | -€6,194 | -5.9% |
| Current assets | 29/58 | €77,613 | €2,759 | -€74,854 | -96.4% |
| Amounts receivable after more than one year | 29 | €73,252 | - | -€73,252 | |
| Other amounts receivable | 291 | €73,252 | - | -€73,252 | |
| Cash at bank and in hand | 54/58 | €1,706 | €104 | -€1,602 | -93.9% |
| Deferred charges and accrued income | 490/1 | €2,655 | €2,655 | = | 0.0% |
| Total equity and liabilities | 10/49 | €181,807 | €100,759 | -€81,048 | -44.6% |
| Equity | 10/15 | -€1,074,454 | €86,363 | +€1.2m | |
| Contributions | 10/11 | €549,000 | €549,000 | = | 0.0% |
| Reserves | 13 | €7,977 | €7,977 | = | 0.0% |
| Distributable reserves | 133 | €7,977 | €7,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,631,431 | -€470,613 | +€1.2m | +71.2% |
| Amounts payable | 17/49 | €1,256,262 | €14,396 | -€1.2m | -98.9% |
| Amounts payable after more than one year | 17 | €1,256,201 | - | -€1.3m | |
| Financial debts | 170/4 | €1,256,201 | - | -€1.3m | |
| Amounts payable within one year | 42/48 | €61 | €14,396 | +€14,335 | +23,695% |
| Trade debts | 44 | €61 | €400 | +€339 | +561% |
| Suppliers | 440/4 | €61 | €400 | +€339 | +561% |
| Taxes, remuneration and social security | 45 | - | €13,996 | +€13,996 | |
| Taxes | 450/3 | - | €13,996 | +€13,996 | |
| Other operating charges | 640/8 | €968 | €400 | -€568 | -58.7% |
| Gross operating margin | 9900 | -€4,429 | €1,181,464 | +€1.2m | |
| Operating profit (loss) | 9901 | -€5,397 | €1,181,065 | +€1.2m | |
| Financial income | 75/76B | €962 | - | -€962 | |
| Recurring financial income | 75 | €962 | - | -€962 | |
| Financial charges | 65/66B | €12,630 | €6,251 | -€6,379 | -50.5% |
| Recurring financial charges | 65 | €12,630 | €6,251 | -€6,379 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,065 | €1,174,814 | +€1.2m | |
| Income taxes | 67/77 | - | €13,996 | +€13,996 | |
| Profit (loss) for the period | 9904 | -€17,065 | €1,160,818 | +€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,065 | €1,160,818 | +€1.2m |
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 31 October 2026 via checked.be.