CAZITEX: what changed
Two fiscal 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
CAZITEX
NACE 46.412, Wholesale of household textiles and bedding
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€110,829
2024 · -€84,206-€26,623
Equity
€395,864
2024 · €506,693-€110,829
Cash
€20,798
2024 · €16,194+€4,604
Balance sheet total
€2.1m
2024 · €2.5m-€350,246
Largest movements
Assets
- Receivables within one year -€192,099
down €192,099 (-33.0%), from €581,751 to €389,652
of which Trade receivables: -€179,765
- Stocks and contracts -€118,013
down €118,013 (-6.8%), from €1.7m to €1.6m
- Tangible fixed assets -€35,760
down €35,760 (-31.3%), from €114,076 to €78,316
of which Furniture and vehicles: -€30,949
Equity and liabilities
- Other debts -€118,241
down €118,241 (-10.5%), from €1.1m to €1.0m
- Profit (loss) carried forward -€110,829
down €110,829 (-18.5%), from -€600,567 to -€711,396
- Short-term financial debts -€68,529
down €68,529 (-19.9%), from €343,529 to €275,000
- Trade debts -€38,914
down €38,914 (-8.6%), from €452,543 to €413,629
Income statement
- Gross operating margin -€39,242
down €39,242 (-6.6%), from €593,342 to €554,099
- Financial charges -€27,086
down €27,086 (-41.2%), from €65,792 to €38,707
- Other operating charges +€16,157
up €16,157 (+409.7%), from €3,944 to €20,101
- Staff costs -€11,939
down €11,939 (-2.1%), from €575,180 to €563,241
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
-€84,206
Gross operating margin
-€39,242
Staff costs
+€11,939
Depreciation
-€4,448
Write-downs
+€165
Other operating charges
-€16,157
Other operating items
-€247
Financial income
-€5,780
Financial charges
+€27,086
Taxes
+€62
Result 2025
-€110,829
Cash bridge derived
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
+€73,665
Investment
-€532
Financing
-€68,529
Cash 2024
€16,194
From operations (derived)
+€73,665
Net result for the year
-€110,829
Depreciation
+€42,991
Stocks and contracts
+€118,013
Receivables within one year
+€192,099
Deferred charges and accrued income
+€2,279
Trade debts
-€38,914
Tax, wage and social debts
-€15,491
Other debts
-€118,241
Accrued charges and deferred income
+€1,758
Investment (derived)
-€532
Investment in fixed assets (net)
-€532
Financing
-€68,529
Short-term financial debts
-€68,529
Cash 2025
€20,798
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,498,057 | €2,147,812 | -€350,246 | -14.0% |
| Fixed assets | 21/28 | €143,748 | €101,289 | -€42,459 | -29.5% |
| Intangible fixed assets | 21 | €28,748 | €22,049 | -€6,700 | -23.3% |
| Tangible fixed assets | 22/27 | €114,076 | €78,316 | -€35,760 | -31.3% |
| Plant, machinery and equipment | 23 | €74 | €0 | -€74 | -100.0% |
| Furniture and vehicles | 24 | €52,405 | €21,456 | -€30,949 | -59.1% |
| Other tangible fixed assets | 26 | €61,597 | €56,860 | -€4,737 | -7.7% |
| Financial fixed assets | 28 | €924 | €924 | = | 0.0% |
| Current assets | 29/58 | €2,354,309 | €2,046,523 | -€307,786 | -13.1% |
| Stocks and contracts in progress | 3 | €1,739,522 | €1,621,509 | -€118,013 | -6.8% |
| Stocks | 30/36 | €1,739,522 | €1,621,509 | -€118,013 | -6.8% |
| Amounts receivable within one year | 40/41 | €581,751 | €389,652 | -€192,099 | -33.0% |
| Trade receivables | 40 | €553,437 | €373,672 | -€179,765 | -32.5% |
| Other amounts receivable | 41 | €28,314 | €15,980 | -€12,334 | -43.6% |
| Current investments | 50/53 | €558 | €558 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,194 | €20,798 | +€4,604 | +28.4% |
| Deferred charges and accrued income | 490/1 | €16,284 | €14,006 | -€2,279 | -14.0% |
| Total equity and liabilities | 10/49 | €2,498,057 | €2,147,812 | -€350,246 | -14.0% |
| Equity | 10/15 | €506,693 | €395,864 | -€110,829 | -21.9% |
| Contributions | 10/11 | €454,339 | €454,339 | = | 0.0% |
| Capital | 10 | €454,339 | €454,339 | = | 0.0% |
| Issued capital | 100 | €454,339 | €454,339 | = | 0.0% |
| Reserves | 13 | €652,921 | €652,921 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,434 | €45,434 | = | 0.0% |
| Legal reserve | 130 | €45,434 | €45,434 | = | 0.0% |
| Tax-exempt reserves | 132 | €61 | €61 | = | 0.0% |
| Distributable reserves | 133 | €607,426 | €607,426 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€600,567 | -€711,396 | -€110,829 | -18.5% |
| Amounts payable | 17/49 | €1,991,364 | €1,751,947 | -€239,417 | -12.0% |
| Amounts payable within one year | 42/48 | €1,988,366 | €1,747,192 | -€241,175 | -12.1% |
| Financial debts | 43 | €343,529 | €275,000 | -€68,529 | -19.9% |
| Credit institutions | 430/8 | €343,529 | €275,000 | -€68,529 | -19.9% |
| Trade debts | 44 | €452,543 | €413,629 | -€38,914 | -8.6% |
| Suppliers | 440/4 | €452,543 | €413,629 | -€38,914 | -8.6% |
| Taxes, remuneration and social security | 45 | €69,077 | €53,586 | -€15,491 | -22.4% |
| Taxes | 450/3 | €7,630 | €2,258 | -€5,372 | -70.4% |
| Remuneration and social security | 454/9 | €61,447 | €51,328 | -€10,119 | -16.5% |
| Other amounts payable | 47/48 | €1,123,218 | €1,004,976 | -€118,241 | -10.5% |
| Accrued charges and deferred income | 492/3 | €2,998 | €4,756 | +€1,758 | +58.6% |
| Non-recurring operating income | 76A | €0 | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €575,180 | €563,241 | -€11,939 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,543 | €42,991 | +€4,448 | +11.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,764 | €3,599 | -€165 | -4.4% |
| Other operating charges | 640/8 | €3,944 | €20,101 | +€16,157 | +409.7% |
| Non-recurring operating charges | 66A | €0 | €247 | +€247 | |
| Gross operating margin | 9900 | €593,342 | €554,099 | -€39,242 | -6.6% |
| Operating profit (loss) | 9901 | -€28,089 | -€76,081 | -€47,991 | -170.9% |
| Financial income | 75/76B | €10,469 | €4,689 | -€5,780 | -55.2% |
| Recurring financial income | 75 | €10,469 | €4,689 | -€5,780 | -55.2% |
| Financial charges | 65/66B | €65,792 | €38,707 | -€27,086 | -41.2% |
| Recurring financial charges | 65 | €65,792 | €38,707 | -€27,086 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | -€83,413 | -€110,099 | -€26,686 | -32.0% |
| Income taxes | 67/77 | €793 | €730 | -€62 | -7.9% |
| Profit (loss) for the period | 9904 | -€84,206 | -€110,829 | -€26,623 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,206 | -€110,829 | -€26,623 | -31.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.