Chemitex: 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
Chemitex
NACE 46.412, Wholesale of household textiles and bedding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €3.3m-€2.2m
Equity
€86.3m
2024 · €90.0m-€3.7m
Cash
€2.7m
2024 · €4.3m-€1.6m
Balance sheet total
€109.8m
2024 · €109.2m+€593,670
Largest movements
Assets
- Current investments +€9.0m
up €9.0m (+23.2%), from €38.5m to €47.5m
- Receivables after one year -€4.6m
down €4.6m (-34.7%), from €13.4m to €8.7m
- Receivables within one year -€1.9m
down €1.9m (-8.3%), from €22.3m to €20.4m
of which Trade receivables: -€1.5m
- Cash -€1.6m
down €1.6m (-37.0%), from €4.3m to €2.7m
mainly Current investments (-€9.0m) and Contributions, distributions and other (-€4.8m)
Equity and liabilities
- Profit (loss) carried forward -€4.6m
down €4.6m (-5.6%), from €81.1m to €76.5m
- Short-term financial debts +€2.3m
up €2.3m (+37.9%), from €6.0m to €8.3m
- Other debts +€1.7m
up €1.7m (+44.5%), from €3.8m to €5.6m
Income statement
- Turnover -€8.0m
down €8.0m (-7.3%), from €109.3m to €101.3m
- Goods and materials -€5.3m
down €5.3m (-5.5%), from €96.3m to €91.0m
of which Purchases: -€18.1m
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
€3.3m
Turnover
-€8.0m
Other operating income
+€126,884
Goods and materials
+€5.3m
Services and other goods
-€453,766
Staff costs
+€264,780
Depreciation
+€29,152
Write-downs
-€70,843
Other operating charges
-€1,581
Other operating items
-€550
Financial income
-€900,595
Financial charges
+€694,146
Taxes
+€742,906
Result 2025
€1.1m
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
+€10.3m
Investment
-€9.4m
Financing
-€2.5m
Cash 2024
€4.3m
From operations (derived)
+€10.3m
Net result for the year
+€1.1m
Depreciation
+€318,276
Receivables after one year
+€4.6m
Stocks and contracts
+€270,643
Receivables within one year
+€1.9m
Deferred charges and accrued income
+€114,118
Trade debts
+€222,698
Tax, wage and social debts
+€166,403
Other debts
+€1.7m
Accrued charges and deferred income
-€50,357
Investment (derived)
-€9.4m
Investment in fixed assets (net)
-€434,848
Current investments
-€9.0m
Financing
-€2.5m
Short-term financial debts
+€2.3m
Contributions, distributions and other
-€4.8m
Cash 2025
€2.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,209,755 | €109,803,425 | +€593,670 | +0.5% |
| Fixed assets | 21/28 | €1,042,647 | €1,159,219 | +€116,572 | +11.2% |
| Tangible fixed assets | 22/27 | €1,027,472 | €1,140,044 | +€112,572 | +11.0% |
| Land and buildings | 22 | €283,475 | €277,893 | -€5,582 | -2.0% |
| Plant, machinery and equipment | 23 | €75,599 | €148,437 | +€72,838 | +96.3% |
| Furniture and vehicles | 24 | €668,398 | €713,714 | +€45,316 | +6.8% |
| Financial fixed assets | 28 | €15,175 | €19,175 | +€4,000 | +26.4% |
| Affiliated companies | 280/1 | €15,091 | €15,091 | = | 0.0% |
| Participating interests | 280 | €15,091 | €15,091 | = | 0.0% |
| Other financial fixed assets | 284/8 | €84 | €4,084 | +€4,000 | +4,746% |
| Amounts receivable and cash guarantees | 285/8 | €84 | €4,084 | +€4,000 | +4,746% |
| Current assets | 29/58 | €108,167,108 | €108,644,206 | +€477,098 | +0.4% |
| Amounts receivable after more than one year | 29 | €13,353,484 | €8,723,984 | -€4.6m | -34.7% |
| Other amounts receivable | 291 | €13,353,484 | €8,723,984 | -€4.6m | -34.7% |
| Stocks and contracts in progress | 3 | €29,421,695 | €29,151,052 | -€270,643 | -0.9% |
| Stocks | 30/36 | €29,421,695 | €29,151,052 | -€270,643 | -0.9% |
| Goods purchased for resale | 34 | €29,421,695 | €29,151,052 | -€270,643 | -0.9% |
| Amounts receivable within one year | 40/41 | €22,302,542 | €20,441,726 | -€1.9m | -8.3% |
| Trade receivables | 40 | €20,286,425 | €18,772,470 | -€1.5m | -7.5% |
| Other amounts receivable | 41 | €2,016,117 | €1,669,256 | -€346,861 | -17.2% |
| Current investments | 50/53 | €38,501,731 | €47,451,731 | +€9.0m | +23.2% |
| Other investments | 51/53 | €38,501,731 | €47,451,731 | +€9.0m | +23.2% |
| Cash at bank and in hand | 54/58 | €4,312,980 | €2,715,155 | -€1.6m | -37.0% |
| Deferred charges and accrued income | 490/1 | €274,676 | €160,558 | -€114,118 | -41.5% |
| Total equity and liabilities | 10/49 | €109,209,755 | €109,803,425 | +€593,670 | +0.5% |
| Equity | 10/15 | €90,028,596 | €86,291,628 | -€3.7m | -4.2% |
| Contributions | 10/11 | €4,798,426 | €5,545,307 | +€746,881 | +15.6% |
| Capital | 10 | €4,798,426 | €5,545,307 | +€746,881 | +15.6% |
| Issued capital | 100 | €4,798,426 | €5,545,307 | +€746,881 | +15.6% |
| Reserves | 13 | €4,163,593 | €4,238,281 | +€74,688 | +1.8% |
| Non-distributable reserves | 130/1 | €479,843 | €554,531 | +€74,688 | +15.6% |
| Legal reserve | 130 | €479,843 | €554,531 | +€74,688 | +15.6% |
| Tax-exempt reserves | 132 | €1,999,750 | - | -€2.0m | |
| Distributable reserves | 133 | €1,684,000 | €3,683,750 | +€2.0m | +119% |
| Profit (loss) carried forward | 14 | €81,066,577 | €76,508,040 | -€4.6m | -5.6% |
| Amounts payable | 17/49 | €19,181,159 | €23,511,797 | +€4.3m | +22.6% |
| Amounts payable within one year | 42/48 | €19,074,293 | €23,455,289 | +€4.4m | +23.0% |
| Financial debts | 43 | €6,012,128 | €8,292,932 | +€2.3m | +37.9% |
| Credit institutions | 430/8 | €6,012,128 | €8,292,932 | +€2.3m | +37.9% |
| Trade debts | 44 | €8,088,592 | €8,311,290 | +€222,698 | +2.8% |
| Suppliers | 440/4 | €8,088,592 | €8,311,290 | +€222,698 | +2.8% |
| Taxes, remuneration and social security | 45 | €1,131,382 | €1,297,785 | +€166,403 | +14.7% |
| Taxes | 450/3 | €894,937 | €1,096,533 | +€201,596 | +22.5% |
| Remuneration and social security | 454/9 | €236,445 | €201,252 | -€35,193 | -14.9% |
| Other amounts payable | 47/48 | €3,842,191 | €5,553,281 | +€1.7m | +44.5% |
| Accrued charges and deferred income | 492/3 | €106,866 | €56,509 | -€50,357 | -47.1% |
| Operating income | 70/76A | €109,351,145 | €101,499,908 | -€7.9m | -7.2% |
| Turnover | 70 | €109,267,212 | €101,287,411 | -€8.0m | -7.3% |
| Other operating income | 74 | €70,309 | €197,194 | +€126,884 | +180% |
| Non-recurring operating income | 76A | €13,624 | €15,303 | +€1,679 | +12.3% |
| Operating charges | 60/66A | €106,161,821 | €101,085,311 | -€5.1m | -4.8% |
| Goods for resale, raw materials and consumables | 60 | €96,263,788 | €90,952,793 | -€5.3m | -5.5% |
| Purchases | 600/8 | €108,762,931 | €90,682,149 | -€18.1m | -16.6% |
| Change in stocks: decrease (increase) | 609 | -€12,499,144 | €270,643 | +€12.8m | |
| Services and other goods | 61 | €6,274,711 | €6,728,477 | +€453,766 | +7.2% |
| Remuneration, social security and pensions | 62 | €3,185,234 | €2,920,454 | -€264,780 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347,428 | €318,276 | -€29,152 | -8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€70,843 | - | +€70,843 | |
| Other operating charges | 640/8 | €161,249 | €162,830 | +€1,581 | +1.0% |
| Non-recurring operating charges | 66A | €253 | €2,482 | +€2,229 | +881% |
| Operating profit (loss) | 9901 | €3,189,324 | €414,597 | -€2.8m | -87.0% |
| Financial income | 75/76B | €2,978,509 | €2,077,914 | -€900,595 | -30.2% |
| Recurring financial income | 75 | €2,978,509 | €2,077,914 | -€900,595 | -30.2% |
| Income from financial fixed assets | 750 | €4 | €1,429 | +€1,425 | +36,719% |
| Income from current assets | 751 | €2,092,723 | €1,288,823 | -€803,900 | -38.4% |
| Other financial income | 752/9 | €885,782 | €787,662 | -€98,119 | -11.1% |
| Financial charges | 65/66B | €1,682,177 | €988,031 | -€694,146 | -41.3% |
| Recurring financial charges | 65 | €1,682,177 | €988,031 | -€694,146 | -41.3% |
| Debt charges | 650 | €225,768 | €361,709 | +€135,942 | +60.2% |
| Other financial charges | 652/9 | €1,456,409 | €626,321 | -€830,088 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €4,485,657 | €1,504,481 | -€3.0m | -66.5% |
| Income taxes | 67/77 | €1,178,332 | €435,426 | -€742,906 | -63.0% |
| Taxes | 670/3 | €1,324,875 | €443,069 | -€881,806 | -66.6% |
| Tax adjustments and reversals of tax provisions | 77 | €146,542 | €7,643 | -€138,900 | -94.8% |
| Profit (loss) for the period | 9904 | €3,307,325 | €1,069,055 | -€2.2m | -67.7% |
| Transfer from tax-exempt reserves | 789 | - | €1,999,750 | +€2.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €3,307,325 | €3,068,805 | -€238,520 | -7.2% |
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.