Circular Textiles: what changed
Circular Textiles
Largest movements
- Stocks and contracts +€70,869
up €70,869 (+67.7%), from €104,692 to €175,560
- Receivables within one year -€15,304
down €15,304 (-8.4%), from €182,068 to €166,764
of which Trade receivables: -€13,115
- Cash -€8,355
down €8,355 (-90.0%), from €9,282 to €927
mainly Stocks and contracts (-€70,869) and Accrued charges and deferred income (-€25,785)
- Intangible fixed assets -€6,735
down €6,735 (-89.8%), from €7,503 to €767
- Deferred charges and accrued income -€3,532
down €3,532 (-52.7%), from €6,699 to €3,167
- Other debts +€72,290
up €72,290 (+22.2%), from €325,986 to €398,276
- Accrued charges and deferred income -€25,785
no longer reported in 2026 (was €25,785)
- Profit (loss) carried forward -€20,127
down €20,127 (-0.8%), from -€2.5m to -€2.5m
- Trade debts +€16,629
up €16,629 (+76.5%), from €21,734 to €38,363
- Tax, wage and social debts -€5,496
no longer reported in 2026 (was €5,496)
of which Taxes: -€5,496
- Gross operating margin -€564,732
down €564,732, from €564,316 to -€416
- Depreciation -€141,642
down €141,642 (-95.5%), from €148,377 to €6,735
- Staff costs -€50,205
no longer reported in 2026 (was €50,205)
- Write-downs +€16,535
no longer reported in 2026 (was -€16,535)
- Financial charges +€6,630
up €6,630 (+265%), from €2,505 to €9,135
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,669 | €347,562 | +€36,892 | +11.9% |
| Fixed assets | 21/28 | €7,929 | €1,143 | -€6,785 | -85.6% |
| Intangible fixed assets | 21 | €7,503 | €767 | -€6,735 | -89.8% |
| Financial fixed assets | 28 | €426 | €376 | -€50 | -11.7% |
| Current assets | 29/58 | €302,741 | €346,418 | +€43,678 | +14.4% |
| Stocks and contracts in progress | 3 | €104,692 | €175,560 | +€70,869 | +67.7% |
| Stocks | 30/36 | €104,692 | €175,560 | +€70,869 | +67.7% |
| Amounts receivable within one year | 40/41 | €182,068 | €166,764 | -€15,304 | -8.4% |
| Trade receivables | 40 | €160,987 | €147,873 | -€13,115 | -8.1% |
| Other amounts receivable | 41 | €21,081 | €18,892 | -€2,189 | -10.4% |
| Cash at bank and in hand | 54/58 | €9,282 | €927 | -€8,355 | -90.0% |
| Deferred charges and accrued income | 490/1 | €6,699 | €3,167 | -€3,532 | -52.7% |
| Total equity and liabilities | 10/49 | €310,669 | €347,562 | +€36,892 | +11.9% |
| Equity | 10/15 | -€68,950 | -€89,077 | -€20,127 | -29.2% |
| Contributions | 10/11 | €968,210 | €968,210 | = | 0.0% |
| Reserves | 13 | €1,452,240 | €1,452,240 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,452,240 | €1,452,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,489,400 | -€2,509,527 | -€20,127 | -0.8% |
| Amounts payable | 17/49 | €379,619 | €436,638 | +€57,020 | +15.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €353,834 | €436,638 | +€82,805 | +23.4% |
| Trade debts | 44 | €21,734 | €38,363 | +€16,629 | +76.5% |
| Suppliers | 440/4 | €21,734 | €38,363 | +€16,629 | +76.5% |
| Advances received on contracts in progress | 46 | €619 | - | -€619 | |
| Taxes, remuneration and social security | 45 | €5,496 | - | -€5,496 | |
| Taxes | 450/3 | €5,496 | - | -€5,496 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €325,986 | €398,276 | +€72,290 | +22.2% |
| Accrued charges and deferred income | 492/3 | €25,785 | - | -€25,785 | |
| Non-recurring operating income | 76A | €1,154,945 | - | -€1.2m | |
| Remuneration, social security and pensions | 62 | €50,205 | - | -€50,205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,377 | €6,735 | -€141,642 | -95.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,535 | - | +€16,535 | |
| Other operating charges | 640/8 | €236 | €3,841 | +€3,605 | +1,527% |
| Non-recurring operating charges | 66A | €65,087 | - | -€65,087 | |
| Gross operating margin | 9900 | €564,316 | -€416 | -€564,732 | |
| Operating profit (loss) | 9901 | €316,946 | -€10,992 | -€327,937 | |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €2,505 | €9,135 | +€6,630 | +265% |
| Recurring financial charges | 65 | €2,505 | €9,135 | +€6,630 | +265% |
| Profit (loss) for the period before taxes | 9903 | €314,453 | -€20,127 | -€334,580 | |
| Profit (loss) for the period | 9904 | €314,453 | -€20,127 | -€334,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €314,453 | -€20,127 | -€334,580 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.