ANGEL TEXTILE: 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.
ANGEL TEXTILE
Largest movements
- Tangible fixed assets +€65,412
up €65,412 (+4,326%), from €1,512 to €66,924
of which Furniture and vehicles: +€56,555
- Receivables after one year -€57,000
no longer reported in 2025 (was €57,000)
- Receivables within one year +€49,578
up €49,578 (+232%), from €21,371 to €70,949
of which Trade receivables: +€55,867
- Stocks and contracts -€18,000
down €18,000 (-71.2%), from €25,285 to €7,285
- Cash +€10,887
up €10,887 (+671%), from €1,622 to €12,508
mainly Net result for the year (+€61,657) and Receivables after one year (+€57,000)
- Profit (loss) carried forward +€61,657
up €61,657, from -€10,116 to €51,541
- Tax, wage and social debts -€55,489
down €55,489 (-87.1%), from €63,733 to €8,244
of which Taxes: -€60,265
- Debts after one year +€45,839
new in 2025: €45,839
- Trade debts -€8,463
down €8,463 (-24.9%), from €34,030 to €25,567
- Other debts +€7,787
up €7,787 (+934%), from €834 to €8,621
- Purchases and services -€228,830
no longer reported in 2025 (was €228,830)
- Gross operating margin +€95,813
up €95,813 (+430%), from €22,277 to €118,090
- Staff costs -€7,379
down €7,379 (-15.0%), from €49,319 to €41,939
- Depreciation +€6,788
up €6,788 (+836%), from €812 to €7,600
- Other operating charges -€3,374
down €3,374 (-53.0%), from €6,371 to €2,997
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 | €108,739 | €159,616 | +€50,877 | +46.8% |
| Fixed assets | 21/28 | €3,462 | €68,874 | +€65,412 | +1,889% |
| Tangible fixed assets | 22/27 | €1,512 | €66,924 | +€65,412 | +4,326% |
| Plant, machinery and equipment | 23 | €86 | €8,943 | +€8,857 | +10,283% |
| Furniture and vehicles | 24 | €1,426 | €57,981 | +€56,555 | +3,966% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €105,277 | €90,742 | -€14,535 | -13.8% |
| Amounts receivable after more than one year | 29 | €57,000 | - | -€57,000 | |
| Other amounts receivable | 291 | €57,000 | - | -€57,000 | |
| Stocks and contracts in progress | 3 | €25,285 | €7,285 | -€18,000 | -71.2% |
| Stocks | 30/36 | €25,285 | €7,285 | -€18,000 | -71.2% |
| Amounts receivable within one year | 40/41 | €21,371 | €70,949 | +€49,578 | +232% |
| Trade receivables | 40 | €15,081 | €70,949 | +€55,867 | +370% |
| Other amounts receivable | 41 | €6,289 | - | -€6,289 | |
| Cash at bank and in hand | 54/58 | €1,622 | €12,508 | +€10,887 | +671% |
| Total equity and liabilities | 10/49 | €108,739 | €159,616 | +€50,877 | +46.8% |
| Equity | 10/15 | €8,484 | €70,141 | +€61,657 | +727% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€10,116 | €51,541 | +€61,657 | |
| Amounts payable | 17/49 | €100,256 | €89,475 | -€10,780 | -10.8% |
| Amounts payable after more than one year | 17 | - | €45,839 | +€45,839 | |
| Financial debts | 170/4 | - | €45,839 | +€45,839 | |
| Amounts payable within one year | 42/48 | €100,256 | €43,636 | -€56,619 | -56.5% |
| Current portion of amounts payable after more than one year | 42 | - | €1,205 | +€1,205 | |
| Trade debts | 44 | €34,030 | €25,567 | -€8,463 | -24.9% |
| Suppliers | 440/4 | €34,030 | €25,567 | -€8,463 | -24.9% |
| Advances received on contracts in progress | 46 | €1,659 | - | -€1,659 | |
| Taxes, remuneration and social security | 45 | €63,733 | €8,244 | -€55,489 | -87.1% |
| Taxes | 450/3 | €60,265 | - | -€60,265 | |
| Remuneration and social security | 454/9 | €3,468 | €8,244 | +€4,776 | +138% |
| Other amounts payable | 47/48 | €834 | €8,621 | +€7,787 | +934% |
| Goods, raw materials, services and sundry goods | 60/61 | €228,830 | - | -€228,830 | |
| Remuneration, social security and pensions | 62 | €49,319 | €41,939 | -€7,379 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €812 | €7,600 | +€6,788 | +836% |
| Other operating charges | 640/8 | €6,371 | €2,997 | -€3,374 | -53.0% |
| Gross operating margin | 9900 | €22,277 | €118,090 | +€95,813 | +430% |
| Operating profit (loss) | 9901 | -€34,225 | €65,554 | +€99,778 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,170 | €3,896 | +€2,726 | +233% |
| Recurring financial charges | 65 | €1,170 | €3,896 | +€2,726 | +233% |
| Profit (loss) for the period before taxes | 9903 | -€35,392 | €61,657 | +€97,049 | |
| Income taxes | 67/77 | €2,750 | - | -€2,750 | |
| Profit (loss) for the period | 9904 | -€38,142 | €61,657 | +€99,799 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,142 | €61,657 | +€99,799 |
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 23 October 2026 via checked.be.