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Two 2 Tango: 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.

What changed

Two 2 Tango

BE 1010.398.718
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€49,954
2024 · €38,954+€11,001
Equity
€91,408
2024 · €41,454+€49,954
Cash
€63,222
2024 · €40,357+€22,865
Balance sheet total
€102,691
2024 · €65,452+€37,238

Largest movements

2024 to 2025
Assets
  • Cash +€22,865

    up €22,865 (+56.7%), from €40,357 to €63,222

    mainly Net result for the year (+€49,954) and Depreciation (+€1,422)

  • Receivables within one year +€13,477

    up €13,477 (+64.3%), from €20,974 to €34,452

    of which Other amounts receivable: +€9,867

  • Deferred charges and accrued income +€1,645

    up €1,645 (+319%), from €516 to €2,161

Equity and liabilities
  • Profit (loss) carried forward +€49,954

    up €49,954 (+128%), from €38,954 to €88,908

  • Tax, wage and social debts -€12,443

    down €12,443 (-59.2%), from €21,022 to €8,579

    of which Taxes: -€12,303

Income statement
  • Gross operating margin +€15,484

    up €15,484 (+30.6%), from €50,644 to €66,127

  • Taxes +€3,009

    up €3,009 (+29.4%), from €10,243 to €13,252

  • Depreciation +€1,303

    up €1,303 (+1,099%), from €119 to €1,422

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €38,954
Gross operating margin +€15,484
Depreciation -€1,303
Other operating charges +€103
Financial income +€0
Financial charges -€273
Taxes -€3,009
Result 2025 €49,954
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€23,414
Investment -€673
Financing +€124
Cash 2024 €40,357
Net result for the year +€49,954
Depreciation +€1,422
Receivables within one year -€13,477
Deferred charges and accrued income -€1,645
Trade debts -€397
Tax, wage and social debts -€12,443
Investment in fixed assets (net) -€673
Short-term financial debts +€124
Cash 2025 €63,222
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €65,452 €102,691 +€37,238 +56.9%
Fixed assets 21/28 €3,605 €2,856 -€749 -20.8%
Tangible fixed assets 22/27 €3,605 €2,856 -€749 -20.8%
Plant, machinery and equipment 23 €2,330 €1,518 -€812 -34.9%
Furniture and vehicles 24 €1,275 €1,338 +€63 +5.0%
Current assets 29/58 €61,847 €99,835 +€37,987 +61.4%
Amounts receivable within one year 40/41 €20,974 €34,452 +€13,477 +64.3%
Trade receivables 40 €14,944 €18,554 +€3,610 +24.2%
Other amounts receivable 41 €6,031 €15,898 +€9,867 +164%
Cash at bank and in hand 54/58 €40,357 €63,222 +€22,865 +56.7%
Deferred charges and accrued income 490/1 €516 €2,161 +€1,645 +319%
Total equity and liabilities 10/49 €65,452 €102,691 +€37,238 +56.9%
Equity 10/15 €41,454 €91,408 +€49,954 +121%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €38,954 €88,908 +€49,954 +128%
Amounts payable 17/49 €23,999 €11,283 -€12,716 -53.0%
Amounts payable within one year 42/48 €23,999 €11,283 -€12,716 -53.0%
Financial debts 43 €44 €168 +€124 +281%
Credit institutions 430/8 €44 €168 +€124 +281%
Trade debts 44 €2,933 €2,536 -€397 -13.5%
Suppliers 440/4 €2,933 €2,536 -€397 -13.5%
Taxes, remuneration and social security 45 €21,022 €8,579 -€12,443 -59.2%
Taxes 450/3 €20,882 €8,579 -€12,303 -58.9%
Remuneration and social security 454/9 €140 €0 -€140 -100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €119 €1,422 +€1,303 +1,099%
Other operating charges 640/8 €558 €455 -€103 -18.5%
Gross operating margin 9900 €50,644 €66,127 +€15,484 +30.6%
Operating profit (loss) 9901 €49,967 €64,251 +€14,283 +28.6%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €770 €1,044 +€273 +35.5%
Recurring financial charges 65 €770 €1,044 +€273 +35.5%
Profit (loss) for the period before taxes 9903 €49,197 €63,207 +€14,010 +28.5%
Income taxes 67/77 €10,243 €13,252 +€3,009 +29.4%
Profit (loss) for the period 9904 €38,954 €49,954 +€11,001 +28.2%
Profit (loss) for the period to be appropriated 9905 €38,954 €49,954 +€11,001 +28.2%

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 14 October 2026 via checked.be.