2FASHION: 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.
2FASHION
Largest movements
- Tangible fixed assets -€25,064
down €25,064 (-5.1%), from €494,343 to €469,279
of which Land and buildings: -€22,369
- Receivables within one year -€12,323
down €12,323 (-30.5%), from €40,418 to €28,095
of which Trade receivables: -€10,360
- Trade debts -€21,033
down €21,033 (-36.0%), from €58,503 to €37,470
- Debts after one year -€11,084
down €11,084 (-3.8%), from €289,391 to €278,306
- Gross operating margin +€32,101
up €32,101 (+170%), from €18,828 to €50,929
- Staff costs +€1,132
up €1,132 (+30.3%), from €3,737 to €4,869
- Financial charges -€796
down €796 (-5.2%), from €15,371 to €14,575
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 | €661,415 | €627,816 | -€33,599 | -5.1% |
| Fixed assets | 21/28 | €494,343 | €469,279 | -€25,064 | -5.1% |
| Tangible fixed assets | 22/27 | €494,343 | €469,279 | -€25,064 | -5.1% |
| Land and buildings | 22 | €484,820 | €462,451 | -€22,369 | -4.6% |
| Plant, machinery and equipment | 23 | €9,277 | €6,829 | -€2,448 | -26.4% |
| Furniture and vehicles | 24 | €247 | - | -€247 | |
| Current assets | 29/58 | €167,071 | €158,536 | -€8,535 | -5.1% |
| Stocks and contracts in progress | 3 | €116,972 | €119,784 | +€2,812 | +2.4% |
| Stocks | 30/36 | €116,972 | €119,784 | +€2,812 | +2.4% |
| Amounts receivable within one year | 40/41 | €40,418 | €28,095 | -€12,323 | -30.5% |
| Trade receivables | 40 | €36,302 | €25,942 | -€10,360 | -28.5% |
| Other amounts receivable | 41 | €4,116 | €2,153 | -€1,962 | -47.7% |
| Cash at bank and in hand | 54/58 | €7,371 | €7,925 | +€554 | +7.5% |
| Deferred charges and accrued income | 490/1 | €2,310 | €2,731 | +€421 | +18.2% |
| Total equity and liabilities | 10/49 | €661,415 | €627,816 | -€33,599 | -5.1% |
| Equity | 10/15 | -€4,613 | -€3,072 | +€1,541 | +33.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,613 | -€22,072 | +€1,541 | +6.5% |
| Amounts payable | 17/49 | €666,028 | €630,887 | -€35,141 | -5.3% |
| Amounts payable after more than one year | 17 | €289,391 | €278,306 | -€11,084 | -3.8% |
| Financial debts | 170/4 | €289,391 | €278,306 | -€11,084 | -3.8% |
| Amounts payable within one year | 42/48 | €376,637 | €352,581 | -€24,056 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €10,593 | €11,084 | +€491 | +4.6% |
| Trade debts | 44 | €58,503 | €37,470 | -€21,033 | -36.0% |
| Suppliers | 440/4 | €58,503 | €37,470 | -€21,033 | -36.0% |
| Taxes, remuneration and social security | 45 | €19,721 | €17,231 | -€2,490 | -12.6% |
| Taxes | 450/3 | €17,571 | €15,081 | -€2,490 | -14.2% |
| Remuneration and social security | 454/9 | €2,150 | €2,150 | = | 0.0% |
| Other amounts payable | 47/48 | €287,820 | €286,795 | -€1,025 | -0.4% |
| Remuneration, social security and pensions | 62 | €3,737 | €4,869 | +€1,132 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,837 | €25,563 | -€274 | -1.1% |
| Other operating charges | 640/8 | €2,060 | €1,756 | -€304 | -14.8% |
| Non-recurring operating charges | 66A | - | €2,492 | +€2,492 | |
| Gross operating margin | 9900 | €18,828 | €50,929 | +€32,101 | +170% |
| Operating profit (loss) | 9901 | -€12,805 | €16,250 | +€29,055 | |
| Financial income | 75/76B | €166 | €7 | -€159 | -95.9% |
| Recurring financial income | 75 | €166 | €7 | -€159 | -95.9% |
| Financial charges | 65/66B | €15,371 | €14,575 | -€796 | -5.2% |
| Recurring financial charges | 65 | €15,371 | €14,575 | -€796 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€28,010 | €1,682 | +€29,693 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +0.4% |
| Profit (loss) for the period | 9904 | -€28,151 | €1,541 | +€29,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,151 | €1,541 | +€29,692 |
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.