Twosight: 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.
Twosight
Largest movements
- Cash +€5,718
up €5,718 (+2063.7%), from €277 to €5,995
mainly Trade debts (+€22,233) and Other debts (+€10,850)
- Receivables within one year +€5,289
up €5,289 (+19.3%), from €27,350 to €32,639
of which Other amounts receivable: +€9,585
- Tangible fixed assets +€1,827
new in 2025: €1,827
- Profit (loss) carried forward -€26,783
down €26,783, from €4,145 to -€22,639
- Trade debts +€22,233
up €22,233 (+205.2%), from €10,836 to €33,069
- Other debts +€10,850
up €10,850, from €0 to €10,850
- Debts after one year +€2,776
new in 2025: €2,776
- Current portion of long-term debt +€2,286
new in 2025: €2,286
- Gross operating margin -€19,687
down €19,687 (-2227.6%), from -€884 to -€20,571
- Taxes -€3,498
down €3,498 (-90.5%), from €3,867 to €368
- Financial charges +€2,309
up €2,309 (+128.3%), from €1,800 to €4,109
- Other operating charges +€1,099
up €1,099 (+132.4%), from €830 to €1,928
- Financial income +€808
up €808 (+147.9%), from €546 to €1,355
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 | €28,927 | €41,361 | +€12,434 | +43.0% |
| Formation expenses | 20 | €1,300 | €900 | -€400 | -30.8% |
| Fixed assets | 21/28 | - | €1,827 | +€1,827 | |
| Tangible fixed assets | 22/27 | - | €1,827 | +€1,827 | |
| Furniture and vehicles | 24 | - | €1,827 | +€1,827 | |
| Current assets | 29/58 | €27,627 | €38,634 | +€11,007 | +39.8% |
| Amounts receivable within one year | 40/41 | €27,350 | €32,639 | +€5,289 | +19.3% |
| Trade receivables | 40 | €7,144 | €2,848 | -€4,296 | -60.1% |
| Other amounts receivable | 41 | €20,205 | €29,791 | +€9,585 | +47.4% |
| Cash at bank and in hand | 54/58 | €277 | €5,995 | +€5,718 | +2063.7% |
| Total equity and liabilities | 10/49 | €28,927 | €41,361 | +€12,434 | +43.0% |
| Equity | 10/15 | €7,645 | -€19,139 | -€26,783 | |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,145 | -€22,639 | -€26,783 | |
| Amounts payable | 17/49 | €21,282 | €60,499 | +€39,217 | +184.3% |
| Amounts payable after more than one year | 17 | - | €2,776 | +€2,776 | |
| Financial debts | 170/4 | - | €2,776 | +€2,776 | |
| Amounts payable within one year | 42/48 | €21,282 | €57,723 | +€36,441 | +171.2% |
| Current portion of amounts payable after more than one year | 42 | - | €2,286 | +€2,286 | |
| Financial debts | 43 | €1,118 | €1,340 | +€222 | +19.9% |
| Credit institutions | 430/8 | €1,118 | €1,340 | +€222 | +19.9% |
| Trade debts | 44 | €10,836 | €33,069 | +€22,233 | +205.2% |
| Suppliers | 440/4 | €10,836 | €33,069 | +€22,233 | +205.2% |
| Taxes, remuneration and social security | 45 | €9,328 | €10,178 | +€850 | +9.1% |
| Taxes | 450/3 | €9,328 | €10,178 | +€850 | +9.1% |
| Other amounts payable | 47/48 | €0 | €10,850 | +€10,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €1,161 | +€761 | +190.2% |
| Other operating charges | 640/8 | €830 | €1,928 | +€1,099 | +132.4% |
| Gross operating margin | 9900 | -€884 | -€20,571 | -€19,687 | -2227.6% |
| Operating profit (loss) | 9901 | -€2,113 | -€23,660 | -€21,547 | -1019.5% |
| Financial income | 75/76B | €546 | €1,355 | +€808 | +147.9% |
| Recurring financial income | 75 | €546 | €1,355 | +€808 | +147.9% |
| Financial charges | 65/66B | €1,800 | €4,109 | +€2,309 | +128.3% |
| Recurring financial charges | 65 | €1,800 | €4,109 | +€2,309 | +128.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,367 | -€26,415 | -€23,048 | -684.5% |
| Income taxes | 67/77 | €3,867 | €368 | -€3,498 | -90.5% |
| Profit (loss) for the period | 9904 | -€7,234 | -€26,783 | -€19,549 | -270.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,234 | -€26,783 | -€19,549 | -270.3% |
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 5 October 2026 via checked.be.