TWYBLO: 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.
TWYBLO
Largest movements
- Receivables within one year +€40,782
up €40,782 (+171%), from €23,815 to €64,597
of which Trade receivables: +€22,591
- Tangible fixed assets -€7,825
down €7,825 (-5.2%), from €151,107 to €143,282
of which Other tangible fixed assets: -€6,706
- Deferred charges and accrued income -€2,241
no longer reported in 2025 (was €2,241)
- Profit (loss) carried forward +€17,667
up €17,667 (+1.8%), from -€986,226 to -€968,559
- Debts after one year +€12,836
up €12,836 (+2.3%), from €553,169 to €566,006
- Financial charges -€30,256
no longer reported in 2025 (was €30,256)
- Gross operating margin +€29,314
up €29,314, from -€2,591 to €26,723
- Financial income -€396
down €396 (-27.5%), from €1,439 to €1,043
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 | €177,911 | €208,529 | +€30,618 | +17.2% |
| Fixed assets | 21/28 | €151,727 | €143,902 | -€7,825 | -5.2% |
| Tangible fixed assets | 22/27 | €151,107 | €143,282 | -€7,825 | -5.2% |
| Land and buildings | 22 | €22,255 | €21,137 | -€1,118 | -5.0% |
| Other tangible fixed assets | 26 | €128,852 | €122,145 | -€6,706 | -5.2% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €26,184 | €64,627 | +€38,442 | +147% |
| Amounts receivable within one year | 40/41 | €23,815 | €64,597 | +€40,782 | +171% |
| Trade receivables | 40 | €2,842 | €25,433 | +€22,591 | +795% |
| Other amounts receivable | 41 | €20,974 | €39,164 | +€18,191 | +86.7% |
| Cash at bank and in hand | 54/58 | €128 | €29 | -€99 | -77.0% |
| Deferred charges and accrued income | 490/1 | €2,241 | - | -€2,241 | |
| Total equity and liabilities | 10/49 | €177,911 | €208,529 | +€30,618 | +17.2% |
| Equity | 10/15 | -€377,738 | -€360,071 | +€17,667 | +4.7% |
| Contributions | 10/11 | €502,407 | €502,407 | = | 0.0% |
| Capital | 10 | €502,407 | €502,407 | = | 0.0% |
| Issued capital | 100 | €502,407 | €502,407 | = | 0.0% |
| Revaluation surpluses | 12 | €105,833 | €105,833 | = | 0.0% |
| Reserves | 13 | €248 | €248 | = | 0.0% |
| Non-distributable reserves | 130/1 | €248 | €248 | = | 0.0% |
| Legal reserve | 130 | €248 | €248 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€986,226 | -€968,559 | +€17,667 | +1.8% |
| Amounts payable | 17/49 | €555,649 | €568,600 | +€12,950 | +2.3% |
| Amounts payable after more than one year | 17 | €553,169 | €566,006 | +€12,836 | +2.3% |
| Other amounts payable | 178/9 | €553,169 | €566,006 | +€12,836 | +2.3% |
| Amounts payable within one year | 42/48 | €2,480 | €2,594 | +€114 | +4.6% |
| Trade debts | 44 | €236 | €420 | +€184 | +77.8% |
| Suppliers | 440/4 | €236 | €420 | +€184 | +77.8% |
| Taxes, remuneration and social security | 45 | €2,244 | €2,175 | -€70 | -3.1% |
| Taxes | 450/3 | €2,244 | €2,175 | -€70 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,825 | €7,825 | = | 0.0% |
| Other operating charges | 640/8 | €2,244 | €2,275 | +€30 | +1.4% |
| Gross operating margin | 9900 | -€2,591 | €26,723 | +€29,314 | |
| Operating profit (loss) | 9901 | -€12,659 | €16,624 | +€29,284 | |
| Financial income | 75/76B | €1,439 | €1,043 | -€396 | -27.5% |
| Recurring financial income | 75 | €1,439 | €1,043 | -€396 | -27.5% |
| Financial charges | 65/66B | €30,256 | - | -€30,256 | |
| Recurring financial charges | 65 | €30,256 | - | -€30,256 | |
| Profit (loss) for the period before taxes | 9903 | -€41,476 | €17,667 | +€59,144 | |
| Profit (loss) for the period | 9904 | -€41,476 | €17,667 | +€59,144 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,476 | €17,667 | +€59,144 |
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 19 October 2026 via checked.be.