TWOPENCE: 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.
TWOPENCE
Largest movements
- Cash -€48
down €48 (-46.5%), from €102 to €55
mainly Net result for the year (-€1,930) and Trade debts (-€193)
- Other debts +€2,076
up €2,076 (+68.5%), from €3,031 to €5,107
- Profit (loss) carried forward -€1,930
down €1,930 (-0.9%), from -€204,967 to -€206,897
- Trade debts -€193
no longer reported in 2025 (was €193)
- Gross operating margin -€149
down €149 (-13.0%), from -€1,139 to -€1,288
- Other operating charges +€14
up €14 (+2.5%), from €580 to €595
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 | €107 | €60 | -€48 | -44.3% |
| Fixed assets | 21/28 | €5 | €5 | = | 0.0% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €102 | €55 | -€48 | -46.5% |
| Cash at bank and in hand | 54/58 | €102 | €55 | -€48 | -46.5% |
| Total equity and liabilities | 10/49 | €107 | €60 | -€48 | -44.3% |
| Equity | 10/15 | -€186,367 | -€188,297 | -€1,930 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,967 | -€206,897 | -€1,930 | -0.9% |
| Amounts payable | 17/49 | €186,474 | €188,357 | +€1,883 | +1.0% |
| Amounts payable after more than one year | 17 | €183,250 | €183,250 | = | 0.0% |
| Other amounts payable | 178/9 | €183,250 | €183,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,224 | €5,107 | +€1,883 | +58.4% |
| Trade debts | 44 | €193 | - | -€193 | |
| Suppliers | 440/4 | €193 | - | -€193 | |
| Other amounts payable | 47/48 | €3,031 | €5,107 | +€2,076 | +68.5% |
| Other operating charges | 640/8 | €580 | €595 | +€14 | +2.5% |
| Gross operating margin | 9900 | -€1,139 | -€1,288 | -€149 | -13.0% |
| Operating profit (loss) | 9901 | -€1,720 | -€1,883 | -€163 | -9.5% |
| Financial charges | 65/66B | €46 | €48 | +€2 | +3.3% |
| Recurring financial charges | 65 | €46 | €48 | +€2 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,766 | -€1,930 | -€165 | -9.3% |
| Profit (loss) for the period | 9904 | -€1,766 | -€1,930 | -€165 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,766 | -€1,930 | -€165 | -9.3% |
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 1 October 2026 via checked.be.