TwoKids: 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.
TwoKids
Largest movements
- Financial fixed assets +€410,000
up €410,000 (+146.1%), from €280,598 to €690,598
- Receivables after one year -€62,000
no longer reported in 2025 (was €62,000)
- Receivables within one year -€12,935
down €12,935 (-14.0%), from €92,287 to €79,353
of which Other amounts receivable: -€16,037
- Intangible fixed assets -€8,192
down €8,192 (-60.6%), from €13,518 to €5,326
- Debts after one year +€158,035
up €158,035 (+158.3%), from €99,857 to €257,892
- Other debts +€87,508
up €87,508 (+214.7%), from €40,761 to €128,269
- Current portion of long-term debt +€53,102
up €53,102 (+314.0%), from €16,909 to €70,011
- Reserves +€20,199
up €20,199 (+9.4%), from €215,600 to €235,799
- Financial charges +€7,082
up €7,082 (+191.0%), from €3,709 to €10,791
- Gross operating margin +€3,752
up €3,752 (+7.4%), from €50,854 to €54,606
- Taxes +€1,016
up €1,016 (+9.1%), from €11,213 to €12,229
- Financial income -€565
down €565 (-38.5%), from €1,465 to €900
of which Financial income: -€650
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 | €470,576 | €794,751 | +€324,175 | +68.9% |
| Fixed assets | 21/28 | €303,877 | €705,571 | +€401,693 | +132.2% |
| Intangible fixed assets | 21 | €13,518 | €5,326 | -€8,192 | -60.6% |
| Tangible fixed assets | 22/27 | €9,762 | €9,647 | -€115 | -1.2% |
| Plant, machinery and equipment | 23 | €9,178 | €7,031 | -€2,146 | -23.4% |
| Furniture and vehicles | 24 | €584 | €2,616 | +€2,032 | +347.8% |
| Financial fixed assets | 28 | €280,598 | €690,598 | +€410,000 | +146.1% |
| Current assets | 29/58 | €166,699 | €89,181 | -€77,518 | -46.5% |
| Amounts receivable after more than one year | 29 | €62,000 | - | -€62,000 | |
| Other amounts receivable | 291 | €62,000 | - | -€62,000 | |
| Amounts receivable within one year | 40/41 | €92,287 | €79,353 | -€12,935 | -14.0% |
| Trade receivables | 40 | €438 | €3,540 | +€3,103 | +709.0% |
| Other amounts receivable | 41 | €91,850 | €75,812 | -€16,037 | -17.5% |
| Cash at bank and in hand | 54/58 | €10,530 | €7,755 | -€2,775 | -26.4% |
| Deferred charges and accrued income | 490/1 | €1,881 | €2,073 | +€191 | +10.2% |
| Total equity and liabilities | 10/49 | €470,576 | €794,751 | +€324,175 | +68.9% |
| Equity | 10/15 | €302,094 | €322,294 | +€20,199 | +6.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €215,600 | €235,799 | +€20,199 | +9.4% |
| Distributable reserves | 133 | €215,600 | €235,799 | +€20,199 | +9.4% |
| Profit (loss) carried forward | 14 | €61,494 | €61,494 | = | 0.0% |
| Amounts payable | 17/49 | €168,482 | €472,458 | +€303,976 | +180.4% |
| Amounts payable after more than one year | 17 | €99,857 | €257,892 | +€158,035 | +158.3% |
| Financial debts | 170/4 | €99,857 | €257,892 | +€158,035 | +158.3% |
| Amounts payable within one year | 42/48 | €64,801 | €210,423 | +€145,623 | +224.7% |
| Current portion of amounts payable after more than one year | 42 | €16,909 | €70,011 | +€53,102 | +314.0% |
| Trade debts | 44 | €2,888 | €5,257 | +€2,369 | +82.0% |
| Suppliers | 440/4 | €2,888 | €5,257 | +€2,369 | +82.0% |
| Taxes, remuneration and social security | 45 | €4,242 | €6,887 | +€2,645 | +62.3% |
| Taxes | 450/3 | €1,403 | €6,887 | +€5,483 | +390.7% |
| Remuneration and social security | 454/9 | €2,839 | - | -€2,839 | |
| Other amounts payable | 47/48 | €40,761 | €128,269 | +€87,508 | +214.7% |
| Accrued charges and deferred income | 492/3 | €3,825 | €4,143 | +€318 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,639 | €10,983 | +€344 | +3.2% |
| Other operating charges | 640/8 | €1,070 | €1,304 | +€235 | +21.9% |
| Gross operating margin | 9900 | €50,854 | €54,606 | +€3,752 | +7.4% |
| Operating profit (loss) | 9901 | €39,145 | €42,319 | +€3,174 | +8.1% |
| Financial income | 75/76B | €1,465 | €900 | -€565 | -38.5% |
| Recurring financial income | 75 | €1,465 | €815 | -€650 | -44.3% |
| Non-recurring financial income | 76B | - | €85 | +€85 | |
| Financial charges | 65/66B | €3,709 | €10,791 | +€7,082 | +191.0% |
| Recurring financial charges | 65 | €3,709 | €10,791 | +€7,082 | +191.0% |
| Profit (loss) for the period before taxes | 9903 | €36,901 | €32,428 | -€4,473 | -12.1% |
| Income taxes | 67/77 | €11,213 | €12,229 | +€1,016 | +9.1% |
| Profit (loss) for the period | 9904 | €25,689 | €20,199 | -€5,489 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,689 | €20,199 | -€5,489 | -21.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.