TWYCE ARCHITECTS: 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.
TWYCE ARCHITECTS
Largest movements
- Receivables within one year +€85,071
up €85,071 (+13.0%), from €655,472 to €740,543
of which Trade receivables: +€162,702
- Tangible fixed assets -€25,651
down €25,651 (-22.1%), from €116,010 to €90,359
of which Land and buildings: -€23,386
- Cash +€23,014
up €23,014 (+402%), from €5,729 to €28,743
mainly Trade debts (+€99,953) and Depreciation (+€25,651)
- Trade debts +€99,953
up €99,953 (+12.3%), from €814,015 to €913,968
- Staff costs -€31,805
down €31,805, from €29,629 to -€2,177
- Financial charges +€16,958
up €16,958 (+256%), from €6,635 to €23,594
- Depreciation -€7,667
down €7,667 (-23.0%), from €33,318 to €25,651
- Gross operating margin -€4,917
down €4,917 (-8.3%), from €59,578 to €54,661
- Financial income +€711
up €711 (+1,630%), from €44 to €754
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 | €1,428,579 | €1,518,144 | +€89,565 | +6.3% |
| Fixed assets | 21/28 | €116,010 | €90,359 | -€25,651 | -22.1% |
| Tangible fixed assets | 22/27 | €116,010 | €90,359 | -€25,651 | -22.1% |
| Land and buildings | 22 | €111,050 | €87,664 | -€23,386 | -21.1% |
| Plant, machinery and equipment | 23 | €4,080 | €1,867 | -€2,213 | -54.2% |
| Furniture and vehicles | 24 | €880 | €828 | -€52 | -5.9% |
| Current assets | 29/58 | €1,312,569 | €1,427,785 | +€115,216 | +8.8% |
| Stocks and contracts in progress | 3 | €642,212 | €642,212 | = | 0.0% |
| Contracts in progress | 37 | €642,212 | €642,212 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €655,472 | €740,543 | +€85,071 | +13.0% |
| Trade receivables | 40 | €233,417 | €396,119 | +€162,702 | +69.7% |
| Other amounts receivable | 41 | €422,054 | €344,423 | -€77,631 | -18.4% |
| Cash at bank and in hand | 54/58 | €5,729 | €28,743 | +€23,014 | +402% |
| Deferred charges and accrued income | 490/1 | €9,157 | €16,288 | +€7,131 | +77.9% |
| Total equity and liabilities | 10/49 | €1,428,579 | €1,518,144 | +€89,565 | +6.3% |
| Equity | 10/15 | €86,597 | €90,350 | +€3,753 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €7,608 | +€5,748 | +309% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €5,748 | +€5,748 | |
| Profit (loss) carried forward | 14 | €64,142 | €64,142 | = | 0.0% |
| Investment grants | 15 | €1,996 | - | -€1,996 | |
| Amounts payable | 17/49 | €1,341,982 | €1,427,794 | +€85,812 | +6.4% |
| Amounts payable after more than one year | 17 | €56,430 | €45,717 | -€10,713 | -19.0% |
| Financial debts | 170/4 | €56,430 | €45,717 | -€10,713 | -19.0% |
| Amounts payable within one year | 42/48 | €1,285,552 | €1,382,077 | +€96,526 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €16,435 | €10,713 | -€5,722 | -34.8% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €814,015 | €913,968 | +€99,953 | +12.3% |
| Suppliers | 440/4 | €814,015 | €913,968 | +€99,953 | +12.3% |
| Taxes, remuneration and social security | 45 | €27,691 | €19,244 | -€8,447 | -30.5% |
| Taxes | 450/3 | €18,779 | €19,244 | +€465 | +2.5% |
| Remuneration and social security | 454/9 | €8,912 | - | -€8,912 | |
| Other amounts payable | 47/48 | €227,411 | €238,152 | +€10,741 | +4.7% |
| Non-recurring operating income | 76A | - | €913 | +€913 | |
| Remuneration, social security and pensions | 62 | €29,629 | -€2,177 | -€31,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,318 | €25,651 | -€7,667 | -23.0% |
| Other operating charges | 640/8 | €1,039 | €1,190 | +€151 | +14.5% |
| Non-recurring operating charges | 66A | - | €913 | +€913 | |
| Gross operating margin | 9900 | €59,578 | €54,661 | -€4,917 | -8.3% |
| Operating profit (loss) | 9901 | -€4,408 | €29,084 | +€33,491 | |
| Financial income | 75/76B | €44 | €754 | +€711 | +1,630% |
| Recurring financial income | 75 | €44 | €754 | +€711 | +1,630% |
| Financial charges | 65/66B | €6,635 | €23,594 | +€16,958 | +256% |
| Recurring financial charges | 65 | €6,635 | €23,594 | +€16,958 | +256% |
| Profit (loss) for the period before taxes | 9903 | -€10,999 | €6,244 | +€17,244 | |
| Income taxes | 67/77 | €26 | €496 | +€470 | +1,795% |
| Profit (loss) for the period | 9904 | -€11,026 | €5,748 | +€16,774 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,026 | €5,748 | +€16,774 |
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 18 October 2026 via checked.be.