TWOOCOM: 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.
TWOOCOM
Largest movements
- Receivables within one year +€15,351
up €15,351 (+108.2%), from €14,182 to €29,532
of which Trade receivables: +€14,586
- Cash +€11,981
up €11,981 (+33.6%), from €35,640 to €47,621
mainly Net result for the year (+€32,080) and Depreciation (+€4,949)
- Tangible fixed assets -€1,825
down €1,825 (-24.1%), from €7,571 to €5,745
of which Furniture and vehicles: -€3,585
- Deferred charges and accrued income +€869
up €869 (+337.3%), from €258 to €1,127
- Profit (loss) carried forward +€32,080
up €32,080 (+878.8%), from €3,650 to €35,731
- Trade debts -€4,189
down €4,189 (-53.0%), from €7,909 to €3,721
- Tax, wage and social debts -€1,262
down €1,262 (-8.0%), from €15,868 to €14,605
of which Remuneration and social security: -€2,200
- Other debts -€1,016
down €1,016 (-3.6%), from €28,091 to €27,075
- Gross operating margin +€56,851
up €56,851, from -€5,717 to €51,134
- Write-downs +€5,935
up €5,935 (+347.3%), from €1,709 to €7,644
- Taxes +€4,965
new in 2024: €4,965
- Depreciation +€686
up €686 (+16.1%), from €4,263 to €4,949
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,864 | €85,370 | +€25,506 | +42.6% |
| Fixed assets | 21/28 | €8,301 | €5,745 | -€2,555 | -30.8% |
| Tangible fixed assets | 22/27 | €7,571 | €5,745 | -€1,825 | -24.1% |
| Plant, machinery and equipment | 23 | €981 | €2,295 | +€1,314 | +134.0% |
| Furniture and vehicles | 24 | €6,590 | €3,005 | -€3,585 | -54.4% |
| Other tangible fixed assets | 26 | - | €445 | +€445 | |
| Financial fixed assets | 28 | €730 | - | -€730 | |
| Current assets | 29/58 | €51,564 | €79,625 | +€28,061 | +54.4% |
| Stocks and contracts in progress | 3 | €1,484 | €1,344 | -€140 | -9.4% |
| Stocks | 30/36 | €1,484 | €1,344 | -€140 | -9.4% |
| Amounts receivable within one year | 40/41 | €14,182 | €29,532 | +€15,351 | +108.2% |
| Trade receivables | 40 | €12,780 | €27,366 | +€14,586 | +114.1% |
| Other amounts receivable | 41 | €1,401 | €2,166 | +€765 | +54.6% |
| Cash at bank and in hand | 54/58 | €35,640 | €47,621 | +€11,981 | +33.6% |
| Deferred charges and accrued income | 490/1 | €258 | €1,127 | +€869 | +337.3% |
| Total equity and liabilities | 10/49 | €59,864 | €85,370 | +€25,506 | +42.6% |
| Equity | 10/15 | €7,150 | €39,231 | +€32,080 | +448.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,650 | €35,731 | +€32,080 | +878.8% |
| Amounts payable | 17/49 | €52,714 | €46,139 | -€6,575 | -12.5% |
| Amounts payable within one year | 42/48 | €51,868 | €45,401 | -€6,467 | -12.5% |
| Trade debts | 44 | €7,909 | €3,721 | -€4,189 | -53.0% |
| Suppliers | 440/4 | €7,909 | €3,721 | -€4,189 | -53.0% |
| Taxes, remuneration and social security | 45 | €15,868 | €14,605 | -€1,262 | -8.0% |
| Taxes | 450/3 | €12,268 | €13,205 | +€938 | +7.6% |
| Remuneration and social security | 454/9 | €3,600 | €1,400 | -€2,200 | -61.1% |
| Other amounts payable | 47/48 | €28,091 | €27,075 | -€1,016 | -3.6% |
| Accrued charges and deferred income | 492/3 | €846 | €738 | -€108 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,263 | €4,949 | +€686 | +16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,709 | €7,644 | +€5,935 | +347.3% |
| Other operating charges | 640/8 | €1,396 | €1,371 | -€25 | -1.8% |
| Gross operating margin | 9900 | -€5,717 | €51,134 | +€56,851 | |
| Operating profit (loss) | 9901 | -€13,086 | €37,169 | +€50,255 | |
| Financial income | 75/76B | €70 | €163 | +€93 | +132.1% |
| Recurring financial income | 75 | €70 | €163 | +€93 | +132.1% |
| Financial charges | 65/66B | €177 | €287 | +€109 | +61.7% |
| Recurring financial charges | 65 | €177 | €287 | +€109 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,192 | €37,046 | +€50,238 | |
| Income taxes | 67/77 | - | €4,965 | +€4,965 | |
| Profit (loss) for the period | 9904 | -€13,192 | €32,080 | +€45,273 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,192 | €32,080 | +€45,273 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.