Twixl media: 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.
Twixl media
Largest movements
- Receivables after one year -€440,460
down €440,460 (-100%), from €440,460 to €0
- Cash -€31,702
down €31,702 (-25.1%), from €126,080 to €94,378
mainly Contributions, distributions and other (-€400,000) and Net result for the year (-€60,080)
- Receivables within one year -€17,361
down €17,361 (-42.3%), from €41,055 to €23,693
of which Trade receivables: -€11,543
- Contributions -€400,000
down €400,000 (-80.0%), from €500,000 to €100,000
- Profit (loss) carried forward -€53,699
down €53,699, from €35,949 to -€17,750
- Trade debts -€15,454
down €15,454 (-34.5%), from €44,739 to €29,284
- Current portion of long-term debt -€15,108
down €15,108 (-100%), from €15,108 to €0
- Reserves -€6,381
down €6,381 (-100%), from €6,381 to €0
- Gross operating margin -€50,625
down €50,625 (-33.2%), from €152,659 to €102,034
- Financial income -€6,109
down €6,109 (-46.3%), from €13,194 to €7,085
- Financial charges +€2,197
up €2,197 (+70.4%), from €3,120 to €5,318
- Staff costs +€1,536
up €1,536 (+1.0%), from €158,976 to €160,511
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 | €624,753 | €130,232 | -€494,521 | -79.2% |
| Fixed assets | 21/28 | €6,960 | €4,758 | -€2,202 | -31.6% |
| Intangible fixed assets | 21 | €4,040 | €3,512 | -€528 | -13.1% |
| Tangible fixed assets | 22/27 | €2,920 | €1,246 | -€1,674 | -57.3% |
| Plant, machinery and equipment | 23 | €2,920 | €1,246 | -€1,674 | -57.3% |
| Current assets | 29/58 | €617,793 | €125,474 | -€492,319 | -79.7% |
| Amounts receivable after more than one year | 29 | €440,460 | €0 | -€440,460 | -100% |
| Other amounts receivable | 291 | €440,460 | €0 | -€440,460 | -100% |
| Amounts receivable within one year | 40/41 | €41,055 | €23,693 | -€17,361 | -42.3% |
| Trade receivables | 40 | €27,854 | €16,311 | -€11,543 | -41.4% |
| Other amounts receivable | 41 | €13,201 | €7,382 | -€5,819 | -44.1% |
| Cash at bank and in hand | 54/58 | €126,080 | €94,378 | -€31,702 | -25.1% |
| Deferred charges and accrued income | 490/1 | €10,198 | €7,403 | -€2,795 | -27.4% |
| Total equity and liabilities | 10/49 | €624,753 | €130,232 | -€494,521 | -79.2% |
| Equity | 10/15 | €542,330 | €82,250 | -€460,080 | -84.8% |
| Contributions | 10/11 | €500,000 | €100,000 | -€400,000 | -80.0% |
| Reserves | 13 | €6,381 | €0 | -€6,381 | -100% |
| Distributable reserves | 133 | €6,381 | €0 | -€6,381 | -100% |
| Profit (loss) carried forward | 14 | €35,949 | -€17,750 | -€53,699 | |
| Amounts payable | 17/49 | €82,423 | €47,983 | -€34,441 | -41.8% |
| Amounts payable within one year | 42/48 | €82,423 | €46,245 | -€36,179 | -43.9% |
| Current portion of amounts payable after more than one year | 42 | €15,108 | €0 | -€15,108 | -100% |
| Trade debts | 44 | €44,739 | €29,284 | -€15,454 | -34.5% |
| Suppliers | 440/4 | €44,739 | €29,284 | -€15,454 | -34.5% |
| Taxes, remuneration and social security | 45 | €18,504 | €16,960 | -€1,544 | -8.3% |
| Taxes | 450/3 | €3,904 | €4,833 | +€930 | +23.8% |
| Remuneration and social security | 454/9 | €14,601 | €12,127 | -€2,474 | -16.9% |
| Other amounts payable | 47/48 | €4,072 | €0 | -€4,072 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,738 | +€1,738 | |
| Remuneration, social security and pensions | 62 | €158,976 | €160,511 | +€1,536 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,029 | €2,202 | +€173 | +8.5% |
| Other operating charges | 640/8 | €528 | €698 | +€171 | +32.3% |
| Gross operating margin | 9900 | €152,659 | €102,034 | -€50,625 | -33.2% |
| Operating profit (loss) | 9901 | -€8,874 | -€61,378 | -€52,504 | -592% |
| Financial income | 75/76B | €13,194 | €7,085 | -€6,109 | -46.3% |
| Recurring financial income | 75 | €13,194 | €7,085 | -€6,109 | -46.3% |
| Financial charges | 65/66B | €3,120 | €5,318 | +€2,197 | +70.4% |
| Recurring financial charges | 65 | €3,120 | €5,318 | +€2,197 | +70.4% |
| Profit (loss) for the period before taxes | 9903 | €1,200 | -€59,610 | -€60,810 | |
| Income taxes | 67/77 | €518 | €470 | -€49 | -9.4% |
| Profit (loss) for the period | 9904 | €682 | -€60,080 | -€60,762 | |
| Profit (loss) for the period to be appropriated | 9905 | €682 | -€60,080 | -€60,762 |
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 26 October 2026 via checked.be.