BLYCOLIN TEXTILE SERVICES: 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.
What changed
BLYCOLIN TEXTILE SERVICES
NACE 77.224, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.1m+€365,171
Equity
€1.6m
2024 · €121,037+€1.5m
Cash
€1.2m
2024 · €807,531+€385,486
Balance sheet total
€6.7m
2024 · €7.0m-€287,902
Largest movements
Assets
- Tangible fixed assets -€450,533
down €450,533 (-15.3%), from €3.0m to €2.5m
of which Other tangible fixed assets: -€379,355
- Cash +€385,486
up €385,486 (+47.7%), from €807,531 to €1.2m
mainly Depreciation (+€1.8m) and Net result for the year (+€1.5m)
- Receivables within one year -€230,022
down €230,022 (-7.4%), from €3.1m to €2.9m
of which Trade receivables: -€230,829
Equity and liabilities
- Other debts -€1.9m
down €1.9m (-31.7%), from €6.0m to €4.1m
- Profit (loss) carried forward +€1.4m
up €1.4m, from -€972,971 to €475,788
- Trade debts +€137,099
up €137,099 (+23.9%), from €573,915 to €711,014
Income statement
- Turnover +€954,582
up €954,582 (+5.8%), from €16.5m to €17.4m
- Goods and materials +€494,403
up €494,403 (+4.2%), from €11.8m to €12.3m
of which Purchases: +€493,160
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.
Result 2024
€1.1m
Turnover
+€954,582
Other operating income
+€2,356
Goods and materials
-€494,403
Services and other goods
+€60,335
Staff costs
-€44,046
Depreciation
-€79,645
Write-downs
+€22,071
Other operating charges
-€31,899
Other operating items
-€108,827
Financial income
-€1,258
Financial charges
+€116,619
Taxes
-€30,713
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
-€1.3m
Financing
€0
Cash 2024
€807,531
From operations (derived)
+€1.7m
Net result for the year
+€1.5m
Depreciation
+€1.8m
Stocks and contracts
+€24,533
Receivables within one year
+€230,022
Deferred charges and accrued income
-€31,699
Trade debts
+€137,099
Tax, wage and social debts
+€54,646
Other debts
-€1.9m
Accrued charges and deferred income
-€34,398
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,991,157 | €6,703,255 | -€287,902 | -4.1% |
| Fixed assets | 21/28 | €2,953,456 | €2,502,923 | -€450,533 | -15.3% |
| Tangible fixed assets | 22/27 | €2,953,456 | €2,502,923 | -€450,533 | -15.3% |
| Furniture and vehicles | 24 | €217,932 | €146,754 | -€71,179 | -32.7% |
| Other tangible fixed assets | 26 | €2,735,524 | €2,356,170 | -€379,355 | -13.9% |
| Current assets | 29/58 | €4,037,701 | €4,200,332 | +€162,631 | +4.0% |
| Stocks and contracts in progress | 3 | €94,137 | €69,604 | -€24,533 | -26.1% |
| Stocks | 30/36 | €94,137 | €69,604 | -€24,533 | -26.1% |
| Goods purchased for resale | 34 | €94,137 | €69,604 | -€24,533 | -26.1% |
| Amounts receivable within one year | 40/41 | €3,124,966 | €2,894,943 | -€230,022 | -7.4% |
| Trade receivables | 40 | €3,114,507 | €2,883,678 | -€230,829 | -7.4% |
| Other amounts receivable | 41 | €10,458 | €11,265 | +€807 | +7.7% |
| Cash at bank and in hand | 54/58 | €807,531 | €1,193,018 | +€385,486 | +47.7% |
| Deferred charges and accrued income | 490/1 | €11,067 | €42,767 | +€31,699 | +286% |
| Total equity and liabilities | 10/49 | €6,991,157 | €6,703,255 | -€287,902 | -4.1% |
| Equity | 10/15 | €121,037 | €1,575,788 | +€1.5m | +1,202% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €94,009 | €100,000 | +€5,991 | +6.4% |
| Non-distributable reserves | 130/1 | €94,009 | €100,000 | +€5,991 | +6.4% |
| Legal reserve | 130 | €94,009 | €100,000 | +€5,991 | +6.4% |
| Profit (loss) carried forward | 14 | -€972,971 | €475,788 | +€1.4m | |
| Amounts payable | 17/49 | €6,870,120 | €5,127,467 | -€1.7m | -25.4% |
| Amounts payable within one year | 42/48 | €6,830,772 | €5,122,517 | -€1.7m | -25.0% |
| Trade debts | 44 | €573,915 | €711,014 | +€137,099 | +23.9% |
| Suppliers | 440/4 | €573,915 | €711,014 | +€137,099 | +23.9% |
| Taxes, remuneration and social security | 45 | €256,856 | €311,502 | +€54,646 | +21.3% |
| Taxes | 450/3 | €165,609 | €217,231 | +€51,622 | +31.2% |
| Remuneration and social security | 454/9 | €91,248 | €94,271 | +€3,024 | +3.3% |
| Other amounts payable | 47/48 | €6,000,000 | €4,100,000 | -€1.9m | -31.7% |
| Accrued charges and deferred income | 492/3 | €39,349 | €4,950 | -€34,398 | -87.4% |
| Operating income | 70/76A | €16,594,327 | €17,508,077 | +€913,750 | +5.5% |
| Turnover | 70 | €16,468,539 | €17,423,122 | +€954,582 | +5.8% |
| Other operating income | 74 | €54,267 | €56,623 | +€2,356 | +4.3% |
| Non-recurring operating income | 76A | €71,521 | €28,333 | -€43,188 | -60.4% |
| Operating charges | 60/66A | €15,211,252 | €15,844,478 | +€633,227 | +4.2% |
| Goods for resale, raw materials and consumables | 60 | €11,762,991 | €12,257,395 | +€494,403 | +4.2% |
| Purchases | 600/8 | €11,764,784 | €12,257,944 | +€493,160 | +4.2% |
| Change in stocks: decrease (increase) | 609 | -€1,793 | -€550 | +€1,243 | +69.3% |
| Services and other goods | 61 | €307,345 | €247,010 | -€60,335 | -19.6% |
| Remuneration, social security and pensions | 62 | €927,488 | €971,534 | +€44,046 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,678,879 | €1,758,524 | +€79,645 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€865 | -€22,936 | -€22,071 | -2,551% |
| Other operating charges | 640/8 | €343,001 | €374,900 | +€31,899 | +9.3% |
| Non-recurring operating charges | 66A | €192,413 | €258,052 | +€65,639 | +34.1% |
| Operating profit (loss) | 9901 | €1,383,076 | €1,663,599 | +€280,523 | +20.3% |
| Financial income | 75/76B | €22,797 | €21,539 | -€1,258 | -5.5% |
| Recurring financial income | 75 | €22,797 | €21,539 | -€1,258 | -5.5% |
| Other financial income | 752/9 | €22,797 | €21,539 | -€1,258 | -5.5% |
| Financial charges | 65/66B | €305,824 | €189,205 | -€116,619 | -38.1% |
| Recurring financial charges | 65 | €305,824 | €189,205 | -€116,619 | -38.1% |
| Debt charges | 650 | €299,864 | €188,293 | -€111,571 | -37.2% |
| Other financial charges | 652/9 | €5,960 | €912 | -€5,048 | -84.7% |
| Profit (loss) for the period before taxes | 9903 | €1,100,048 | €1,495,933 | +€395,885 | +36.0% |
| Income taxes | 67/77 | €10,469 | €41,182 | +€30,713 | +293% |
| Taxes | 670/3 | €10,469 | €41,182 | +€30,713 | +293% |
| Profit (loss) for the period | 9904 | €1,089,580 | €1,454,751 | +€365,171 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,089,580 | €1,454,751 | +€365,171 | +33.5% |
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 28 October 2026 via checked.be.