TwoFifty: what changed
Two fiscal 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.
TwoFifty
Largest movements
- Current investments +€300,000
up €300,000 (+24.0%), from €1.3m to €1.6m
- Cash +€77,628
up €77,628 (+132.7%), from €58,487 to €136,115
mainly Net result for the year (+€315,870) and Depreciation (+€74,678)
- Tangible fixed assets -€74,678
down €74,678 (-9.6%), from €774,408 to €699,730
of which Plant, machinery and equipment: -€42,315
- Reserves +€980,430
up €980,430 (+80.8%), from €1.2m to €2.2m
of which Distributable reserves: +€986,209
- Profit (loss) carried forward -€664,560
down €664,560 (-100.0%), from €664,560 to €0
- Tax, wage and social debts +€31,357
up €31,357 (+12087.2%), from €259 to €31,616
- Gross operating margin +€25,211
up €25,211 (+4.8%), from €520,302 to €545,513
- Taxes +€9,402
up €9,402 (+6.7%), from €140,701 to €150,103
- Financial income -€6,502
down €6,502 (-18.7%), from €34,804 to €28,301
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 | €2,100,483 | €2,445,198 | +€344,714 | +16.4% |
| Fixed assets | 21/28 | €774,408 | €699,730 | -€74,678 | -9.6% |
| Tangible fixed assets | 22/27 | €774,408 | €699,730 | -€74,678 | -9.6% |
| Land and buildings | 22 | €685,938 | €653,575 | -€32,363 | -4.7% |
| Plant, machinery and equipment | 23 | €88,469 | €46,154 | -€42,315 | -47.8% |
| Current assets | 29/58 | €1,326,076 | €1,745,468 | +€419,392 | +31.6% |
| Amounts receivable within one year | 40/41 | €6,999 | €30,533 | +€23,534 | +336.2% |
| Trade receivables | 40 | €6,999 | €10,533 | +€3,534 | +50.5% |
| Other amounts receivable | 41 | - | €20,000 | +€20,000 | |
| Current investments | 50/53 | €1,250,000 | €1,550,000 | +€300,000 | +24.0% |
| Cash at bank and in hand | 54/58 | €58,487 | €136,115 | +€77,628 | +132.7% |
| Deferred charges and accrued income | 490/1 | €10,590 | €28,820 | +€18,230 | +172.1% |
| Total equity and liabilities | 10/49 | €2,100,483 | €2,445,198 | +€344,714 | +16.4% |
| Equity | 10/15 | €2,092,319 | €2,408,188 | +€315,870 | +15.1% |
| Contributions | 10/11 | €213,830 | €213,830 | = | 0.0% |
| Reserves | 13 | €1,213,928 | €2,194,358 | +€980,430 | +80.8% |
| Tax-exempt reserves | 132 | €5,779 | €0 | -€5,779 | -100.0% |
| Distributable reserves | 133 | €1,208,149 | €2,194,358 | +€986,209 | +81.6% |
| Profit (loss) carried forward | 14 | €664,560 | €0 | -€664,560 | -100.0% |
| Provisions and deferred taxes | 16 | €1,926 | €0 | -€1,926 | -100.0% |
| Deferred taxes | 168 | €1,926 | €0 | -€1,926 | -100.0% |
| Amounts payable | 17/49 | €6,238 | €37,009 | +€30,771 | +493.2% |
| Amounts payable within one year | 42/48 | €259 | €31,616 | +€31,357 | +12087.2% |
| Taxes, remuneration and social security | 45 | €259 | €31,616 | +€31,357 | +12087.2% |
| Taxes | 450/3 | €259 | €31,616 | +€31,357 | +12087.2% |
| Accrued charges and deferred income | 492/3 | €5,979 | €5,393 | -€586 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,678 | €74,678 | +€0 | 0.0% |
| Other operating charges | 640/8 | €33,790 | €34,785 | +€995 | +2.9% |
| Gross operating margin | 9900 | €520,302 | €545,513 | +€25,211 | +4.8% |
| Operating profit (loss) | 9901 | €411,834 | €436,050 | +€24,216 | +5.9% |
| Financial income | 75/76B | €34,804 | €28,301 | -€6,502 | -18.7% |
| Recurring financial income | 75 | €34,804 | €28,301 | -€6,502 | -18.7% |
| Financial charges | 65/66B | €276 | €305 | +€29 | +10.5% |
| Recurring financial charges | 65 | €276 | €305 | +€29 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €446,362 | €464,046 | +€17,685 | +4.0% |
| Transfer from deferred taxes | 780 | €2,531 | €1,926 | -€605 | -23.9% |
| Income taxes | 67/77 | €140,701 | €150,103 | +€9,402 | +6.7% |
| Profit (loss) for the period | 9904 | €308,193 | €315,870 | +€7,677 | +2.5% |
| Transfer from tax-exempt reserves | 789 | €7,594 | €5,779 | -€1,815 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €315,787 | €321,649 | +€5,862 | +1.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.