Twoseven: 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.
Twoseven
Largest movements
- Tangible fixed assets +€16,285
up €16,285 (+92.9%), from €17,538 to €33,823
of which Furniture and vehicles: +€16,681
- Receivables within one year -€12,034
down €12,034 (-52.8%), from €22,804 to €10,770
of which Trade receivables: -€18,160
- Cash -€10,825
down €10,825 (-28.6%), from €37,867 to €27,043
mainly Investment in fixed assets (net) (-€25,109) and Trade debts (-€14,538)
- Deferred charges and accrued income +€4,436
up €4,436 (+544%), from €816 to €5,252
- Stocks and contracts -€1,496
down €1,496 (-55.4%), from €2,701 to €1,205
- Trade debts -€14,538
down €14,538 (-78.4%), from €18,553 to €4,014
- Profit (loss) carried forward +€11,206
up €11,206 (+31.3%), from €35,797 to €47,003
- Tax, wage and social debts +€2,074
new in 2025: €2,074
- Other debts -€1,853
no longer reported in 2025 (was €1,853)
- Gross operating margin +€15,769
up €15,769 (+214%), from €7,372 to €23,141
- Depreciation -€2,164
down €2,164 (-19.7%), from €10,989 to €8,824
- Taxes +€2,074
new in 2025: €2,074
- Financial charges -€651
down €651 (-79.7%), from €817 to €166
- Other operating charges +€380
up €380 (+77.0%), from €493 to €873
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 | €81,725 | €78,092 | -€3,633 | -4.4% |
| Fixed assets | 21/28 | €17,538 | €33,823 | +€16,285 | +92.9% |
| Tangible fixed assets | 22/27 | €17,538 | €33,823 | +€16,285 | +92.9% |
| Plant, machinery and equipment | 23 | €396 | - | -€396 | |
| Furniture and vehicles | 24 | €17,142 | €33,823 | +€16,681 | +97.3% |
| Current assets | 29/58 | €64,188 | €44,269 | -€19,918 | -31.0% |
| Stocks and contracts in progress | 3 | €2,701 | €1,205 | -€1,496 | -55.4% |
| Stocks | 30/36 | €2,701 | €1,205 | -€1,496 | -55.4% |
| Amounts receivable within one year | 40/41 | €22,804 | €10,770 | -€12,034 | -52.8% |
| Trade receivables | 40 | €19,007 | €847 | -€18,160 | -95.5% |
| Other amounts receivable | 41 | €3,797 | €9,923 | +€6,126 | +161% |
| Cash at bank and in hand | 54/58 | €37,867 | €27,043 | -€10,825 | -28.6% |
| Deferred charges and accrued income | 490/1 | €816 | €5,252 | +€4,436 | +544% |
| Total equity and liabilities | 10/49 | €81,725 | €78,092 | -€3,633 | -4.4% |
| Equity | 10/15 | €60,797 | €72,003 | +€11,206 | +18.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,797 | €47,003 | +€11,206 | +31.3% |
| Amounts payable | 17/49 | €20,929 | €6,089 | -€14,840 | -70.9% |
| Amounts payable within one year | 42/48 | €20,929 | €6,089 | -€14,840 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €523 | - | -€523 | |
| Trade debts | 44 | €18,553 | €4,014 | -€14,538 | -78.4% |
| Suppliers | 440/4 | €18,553 | €4,014 | -€14,538 | -78.4% |
| Taxes, remuneration and social security | 45 | - | €2,074 | +€2,074 | |
| Taxes | 450/3 | - | €2,074 | +€2,074 | |
| Other amounts payable | 47/48 | €1,853 | - | -€1,853 | |
| Non-recurring operating income | 76A | - | €5,431 | +€5,431 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,989 | €8,824 | -€2,164 | -19.7% |
| Other operating charges | 640/8 | €493 | €873 | +€380 | +77.0% |
| Gross operating margin | 9900 | €7,372 | €23,141 | +€15,769 | +214% |
| Operating profit (loss) | 9901 | -€4,110 | €13,444 | +€17,554 | |
| Financial income | 75/76B | €0 | €3 | +€2 | +680% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +680% |
| Financial charges | 65/66B | €817 | €166 | -€651 | -79.7% |
| Recurring financial charges | 65 | €817 | €166 | -€651 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,927 | €13,281 | +€18,207 | |
| Income taxes | 67/77 | - | €2,074 | +€2,074 | |
| Profit (loss) for the period | 9904 | -€4,927 | €11,206 | +€16,133 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,927 | €11,206 | +€16,133 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.