Two4Two: 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.
Two4Two
Largest movements
- Cash -€36,631
down €36,631 (-96.1%), from €38,108 to €1,477
mainly Net result for the year (-€67,012) and Smaller working-capital items (-€14)
- Profit (loss) carried forward -€67,012
down €67,012 (-26.8%), from €250,310 to €183,298
- Trade debts +€19,463
up €19,463 (+3,013%), from €646 to €20,109
- Taxes +€106,306
new in 2025: €106,306
- Gross operating margin +€64,253
up €64,253, from -€23,635 to €40,618
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 | €1,504,995 | €1,462,842 | -€42,153 | -2.8% |
| Fixed assets | 21/28 | €1,351,257 | €1,351,257 | = | 0.0% |
| Financial fixed assets | 28 | €1,351,257 | €1,351,257 | = | 0.0% |
| Current assets | 29/58 | €153,738 | €111,585 | -€42,153 | -27.4% |
| Amounts receivable within one year | 40/41 | €115,630 | €110,097 | -€5,533 | -4.8% |
| Other amounts receivable | 41 | €115,630 | €110,097 | -€5,533 | -4.8% |
| Cash at bank and in hand | 54/58 | €38,108 | €1,477 | -€36,631 | -96.1% |
| Deferred charges and accrued income | 490/1 | - | €10 | +€10 | |
| Total equity and liabilities | 10/49 | €1,504,995 | €1,462,842 | -€42,153 | -2.8% |
| Equity | 10/15 | €318,510 | €251,498 | -€67,012 | -21.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €250,310 | €183,298 | -€67,012 | -26.8% |
| Amounts payable | 17/49 | €1,186,485 | €1,211,344 | +€24,859 | +2.1% |
| Amounts payable within one year | 42/48 | €1,186,461 | €1,211,324 | +€24,863 | +2.1% |
| Trade debts | 44 | €646 | €20,109 | +€19,463 | +3,013% |
| Suppliers | 440/4 | €646 | €20,109 | +€19,463 | +3,013% |
| Other amounts payable | 47/48 | €1,185,815 | €1,191,215 | +€5,400 | +0.5% |
| Accrued charges and deferred income | 492/3 | €24 | €20 | -€4 | -15.8% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | -€23,635 | €40,618 | +€64,253 | |
| Operating profit (loss) | 9901 | -€24,595 | €39,650 | +€64,246 | |
| Financial income | 75/76B | - | €140 | +€140 | |
| Recurring financial income | 75 | - | €140 | +€140 | |
| Financial charges | 65/66B | €492 | €497 | +€5 | +1.0% |
| Recurring financial charges | 65 | €492 | €497 | +€5 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,087 | €39,293 | +€64,381 | |
| Income taxes | 67/77 | - | €106,306 | +€106,306 | |
| Profit (loss) for the period | 9904 | -€25,087 | -€67,012 | -€41,925 | -167% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,087 | -€67,012 | -€41,925 | -167% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.