TWIZA RIF: 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.
TWIZA RIF
Largest movements
- Cash +€1,112
up €1,112 (+133%), from €837 to €1,949
mainly Contributions, distributions and other (+€19,411) and Trade debts (+€1,055)
- Receivables within one year +€20
new in 2025: €20
- Contributions +€5,000
up €5,000 (+100%), from €5,000 to €10,000
- Other debts -€4,779
down €4,779 (-19.1%), from €25,083 to €20,304
- Trade debts +€1,055
up €1,055 (+166%), from €636 to €1,691
- Tax, wage and social debts -€145
down €145 (-31.0%), from €466 to €322
- Gross operating margin +€2,104
up €2,104 (+13.3%), from -€15,855 to -€13,750
- Other operating charges -€323
down €323 (-35.7%), from €907 to €583
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 | €837 | €1,969 | +€1,132 | +135% |
| Current assets | 29/58 | €837 | €1,969 | +€1,132 | +135% |
| Amounts receivable within one year | 40/41 | - | €20 | +€20 | |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €837 | €1,949 | +€1,112 | +133% |
| Total equity and liabilities | 10/49 | €837 | €1,969 | +€1,132 | +135% |
| Equity | 10/15 | -€25,348 | -€20,348 | +€5,000 | +19.7% |
| Contributions | 10/11 | €5,000 | €10,000 | +€5,000 | +100% |
| Profit (loss) carried forward | 14 | -€30,348 | -€30,348 | = | 0.0% |
| Amounts payable | 17/49 | €26,185 | €22,317 | -€3,868 | -14.8% |
| Amounts payable within one year | 42/48 | €26,185 | €22,317 | -€3,868 | -14.8% |
| Trade debts | 44 | €636 | €1,691 | +€1,055 | +166% |
| Suppliers | 440/4 | €636 | €1,691 | +€1,055 | +166% |
| Taxes, remuneration and social security | 45 | €466 | €322 | -€145 | -31.0% |
| Taxes | 450/3 | €466 | €322 | -€145 | -31.0% |
| Other amounts payable | 47/48 | €25,083 | €20,304 | -€4,779 | -19.1% |
| Other operating charges | 640/8 | €907 | €583 | -€323 | -35.7% |
| Gross operating margin | 9900 | -€15,855 | -€13,750 | +€2,104 | +13.3% |
| Operating profit (loss) | 9901 | -€16,762 | -€14,334 | +€2,428 | +14.5% |
| Financial charges | 65/66B | €75 | €77 | +€2 | +2.9% |
| Recurring financial charges | 65 | €75 | €77 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,837 | -€14,411 | +€2,426 | +14.4% |
| Profit (loss) for the period | 9904 | -€16,837 | -€14,411 | +€2,426 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,837 | -€14,411 | +€2,426 | +14.4% |
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.