TWISTT: 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.
TWISTT
Largest movements
- Tangible fixed assets -€4,165
down €4,165 (-23.5%), from €17,707 to €13,542
of which Other tangible fixed assets: -€2,337
- Receivables within one year +€3,070
up €3,070 (+25.9%), from €11,854 to €14,924
of which Other amounts receivable: +€3,163
- Other debts -€8,616
down €8,616 (-24.5%), from €35,222 to €26,606
- Reserves +€6,890
up €6,890 (+15.9%), from €43,386 to €50,276
- Gross operating margin -€34,681
down €34,681 (-66.1%), from €52,480 to €17,799
- Taxes -€6,317
down €6,317 (-58.8%), from €10,738 to €4,421
- Financial charges +€1,286
up €1,286 (+151.7%), from €848 to €2,134
- Depreciation +€705
up €705 (+20.4%), from €3,460 to €4,165
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 | €95,924 | €94,592 | -€1,332 | -1.4% |
| Fixed assets | 21/28 | €17,707 | €13,542 | -€4,165 | -23.5% |
| Tangible fixed assets | 22/27 | €17,707 | €13,542 | -€4,165 | -23.5% |
| Furniture and vehicles | 24 | €7,060 | €5,232 | -€1,828 | -25.9% |
| Other tangible fixed assets | 26 | €10,647 | €8,310 | -€2,337 | -21.9% |
| Current assets | 29/58 | €78,217 | €81,050 | +€2,833 | +3.6% |
| Amounts receivable within one year | 40/41 | €11,854 | €14,924 | +€3,070 | +25.9% |
| Trade receivables | 40 | €7,526 | €7,433 | -€93 | -1.2% |
| Other amounts receivable | 41 | €4,328 | €7,491 | +€3,163 | +73.1% |
| Cash at bank and in hand | 54/58 | €61,940 | €61,082 | -€858 | -1.4% |
| Deferred charges and accrued income | 490/1 | €4,423 | €5,044 | +€621 | +14.0% |
| Total equity and liabilities | 10/49 | €95,924 | €94,592 | -€1,332 | -1.4% |
| Equity | 10/15 | €51,386 | €58,276 | +€6,890 | +13.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €43,386 | €50,276 | +€6,890 | +15.9% |
| Distributable reserves | 133 | €43,386 | €50,276 | +€6,890 | +15.9% |
| Amounts payable | 17/49 | €44,538 | €36,316 | -€8,222 | -18.5% |
| Amounts payable within one year | 42/48 | €44,538 | €36,316 | -€8,222 | -18.5% |
| Trade debts | 44 | €5,550 | €5,946 | +€396 | +7.1% |
| Suppliers | 440/4 | €5,550 | €5,946 | +€396 | +7.1% |
| Taxes, remuneration and social security | 45 | €3,766 | €3,764 | -€2 | -0.1% |
| Taxes | 450/3 | €3,766 | €3,764 | -€2 | -0.1% |
| Other amounts payable | 47/48 | €35,222 | €26,606 | -€8,616 | -24.5% |
| Non-recurring operating income | 76A | €10,691 | - | -€10,691 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,460 | €4,165 | +€705 | +20.4% |
| Other operating charges | 640/8 | €885 | €471 | -€414 | -46.8% |
| Gross operating margin | 9900 | €52,480 | €17,799 | -€34,681 | -66.1% |
| Operating profit (loss) | 9901 | €48,135 | €13,163 | -€34,972 | -72.7% |
| Financial income | 75/76B | €221 | €282 | +€61 | +27.6% |
| Recurring financial income | 75 | €221 | €282 | +€61 | +27.6% |
| Financial charges | 65/66B | €848 | €2,134 | +€1,286 | +151.7% |
| Recurring financial charges | 65 | €848 | €2,134 | +€1,286 | +151.7% |
| Profit (loss) for the period before taxes | 9903 | €47,508 | €11,311 | -€36,197 | -76.2% |
| Income taxes | 67/77 | €10,738 | €4,421 | -€6,317 | -58.8% |
| Profit (loss) for the period | 9904 | €36,770 | €6,890 | -€29,880 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,770 | €6,890 | -€29,880 | -81.3% |
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 11 October 2026 via checked.be.