COATEX: what changed
What changed
COATEX
NACE 13.929, Manufacture of textiles
filed annual accounts (NBB)
Net result for the year
€153,885
2024 · -€223,746+€377,631
Equity
€1.7m
2024 · €1.6m+€153,885
Cash
€187,409
2024 · €125,871+€61,538
Balance sheet total
€10.1m
2024 · €9.9m+€180,250
Largest movements
Assets
- Tangible fixed assets +€841,665
up €841,665 (+16.6%), from €5.1m to €5.9m
of which Assets under construction and advance payments: +€1.2m
- Stocks and contracts -€640,063
down €640,063 (-20.6%), from €3.1m to €2.5m
Equity and liabilities
- Other debts +€815,100
up €815,100 (+59.5%), from €1.4m to €2.2m
- Trade debts -€419,176
down €419,176 (-30.1%), from €1.4m to €973,234
- Debts after one year -€228,552
down €228,552 (-4.7%), from €4.9m to €4.7m
- Profit (loss) carried forward +€153,885
up €153,885 (+24.8%), from €621,384 to €775,269
Income statement
- Turnover +€1.8m
up €1.8m (+13.2%), from €13.5m to €15.2m
- Goods and materials +€1.4m
up €1.4m (+18.0%), from €7.7m to €9.1m
of which Change in stocks: decrease (increase): +€1.1m
- Services and other goods +€460,204
up €460,204 (+20.7%), from €2.2m to €2.7m
- Staff costs +€318,747
up €318,747 (+11.7%), from €2.7m to €3.0m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€223,746
Turnover
+€1.8m
Other operating income
+€105,343
Goods and materials
-€1.4m
Services and other goods
-€460,204
Staff costs
-€318,747
Depreciation
-€83,588
Write-downs
-€46,838
Provisions
+€99,995
Other operating charges
-€21,977
Other operating items
+€701,261
Financial income
+€1,886
Financial charges
+€12,682
Taxes
-€1,659
Result 2025
€153,885
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.7m
Investment
-€1.4m
Financing
-€228,552
Cash 2024
€125,871
From operations (derived)
+€1.7m
Net result for the year
+€153,885
Depreciation
+€561,373
Stocks and contracts
+€640,063
Receivables within one year
+€76,913
Deferred charges and accrued income
+€5,977
Provisions
-€99,987
Trade debts
-€419,176
Tax, wage and social debts
-€65,096
Other debts
+€815,100
Accrued charges and deferred income
+€24,076
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
-€228,552
Debts after one year
-€228,552
Cash 2025
€187,409
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,887,932 | €10,068,181 | +€180,250 | +1.8% |
| Fixed assets | 21/28 | €5,080,036 | €5,921,701 | +€841,665 | +16.6% |
| Tangible fixed assets | 22/27 | €5,080,011 | €5,921,676 | +€841,665 | +16.6% |
| Land and buildings | 22 | €3,075,640 | €2,961,790 | -€113,849 | -3.7% |
| Plant, machinery and equipment | 23 | €1,835,509 | €1,684,802 | -€150,707 | -8.2% |
| Furniture and vehicles | 24 | €40,596 | €4,167 | -€36,429 | -89.7% |
| Leasing and similar rights | 25 | €128,267 | €37,125 | -€91,141 | -71.1% |
| Assets under construction and advance payments | 27 | - | €1,233,791 | +€1.2m | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Affiliated companies | 280/1 | €25 | €25 | = | 0.0% |
| Participating interests | 280 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €4,807,895 | €4,146,480 | -€661,415 | -13.8% |
| Stocks and contracts in progress | 3 | €3,102,853 | €2,462,790 | -€640,063 | -20.6% |
| Stocks | 30/36 | €3,102,853 | €2,462,790 | -€640,063 | -20.6% |
| Raw materials and consumables | 30/31 | €2,859,389 | €2,079,356 | -€780,034 | -27.3% |
| Finished goods | 33 | €232,549 | €377,080 | +€144,531 | +62.2% |
| Goods purchased for resale | 34 | €10,915 | €6,354 | -€4,561 | -41.8% |
| Amounts receivable within one year | 40/41 | €1,573,194 | €1,496,281 | -€76,913 | -4.9% |
| Trade receivables | 40 | €1,282,705 | €1,284,564 | +€1,859 | +0.1% |
| Other amounts receivable | 41 | €290,489 | €211,717 | -€78,772 | -27.1% |
| Cash at bank and in hand | 54/58 | €125,871 | €187,409 | +€61,538 | +48.9% |
| Deferred charges and accrued income | 490/1 | €5,977 | - | -€5,977 | |
| Total equity and liabilities | 10/49 | €9,887,932 | €10,068,181 | +€180,250 | +1.8% |
| Equity | 10/15 | €1,577,307 | €1,731,192 | +€153,885 | +9.8% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €80,276 | €80,276 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Legal reserve | 130 | €80,000 | €80,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €276 | €276 | = | 0.0% |
| Profit (loss) carried forward | 14 | €621,384 | €775,269 | +€153,885 | +24.8% |
| Investment grants | 15 | €75,647 | €75,647 | = | 0.0% |
| Provisions and deferred taxes | 16 | €151,939 | €51,952 | -€99,987 | -65.8% |
| Provisions for liabilities and charges | 160/5 | €151,939 | €51,952 | -€99,987 | -65.8% |
| Pensions and similar obligations | 160 | €1,939 | €1,952 | +€13 | +0.7% |
| Other liabilities and charges | 164/5 | €150,000 | €50,000 | -€100,000 | -66.7% |
| Amounts payable | 17/49 | €8,158,685 | €8,285,037 | +€126,352 | +1.5% |
| Amounts payable after more than one year | 17 | €4,892,175 | €4,663,624 | -€228,552 | -4.7% |
| Financial debts | 170/4 | €4,892,175 | €4,663,624 | -€228,552 | -4.7% |
| Other loans | 174 | €4,892,175 | €4,663,624 | -€228,552 | -4.7% |
| Amounts payable within one year | 42/48 | €3,240,070 | €3,570,899 | +€330,828 | +10.2% |
| Trade debts | 44 | €1,392,409 | €973,234 | -€419,176 | -30.1% |
| Suppliers | 440/4 | €1,392,409 | €973,234 | -€419,176 | -30.1% |
| Taxes, remuneration and social security | 45 | €478,427 | €413,330 | -€65,096 | -13.6% |
| Taxes | 450/3 | €29,835 | €26,804 | -€3,031 | -10.2% |
| Remuneration and social security | 454/9 | €448,592 | €386,527 | -€62,065 | -13.8% |
| Other amounts payable | 47/48 | €1,369,235 | €2,184,335 | +€815,100 | +59.5% |
| Accrued charges and deferred income | 492/3 | €26,439 | €50,515 | +€24,076 | +91.1% |
| Operating income | 70/76A | €13,305,314 | €15,886,238 | +€2.6m | +19.4% |
| Turnover | 70 | €13,470,466 | €15,244,786 | +€1.8m | +13.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€561,291 | €139,971 | +€701,261 | |
| Other operating income | 74 | €396,139 | €501,482 | +€105,343 | +26.6% |
| Operating charges | 60/66A | €13,210,705 | €15,426,907 | +€2.2m | +16.8% |
| Goods for resale, raw materials and consumables | 60 | €7,709,786 | €9,094,630 | +€1.4m | +18.0% |
| Purchases | 600/8 | €8,124,630 | €8,381,265 | +€256,635 | +3.2% |
| Change in stocks: decrease (increase) | 609 | -€414,843 | €713,366 | +€1.1m | |
| Services and other goods | 61 | €2,222,705 | €2,682,909 | +€460,204 | +20.7% |
| Remuneration, social security and pensions | 62 | €2,723,843 | €3,042,590 | +€318,747 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477,785 | €561,373 | +€83,588 | +17.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,830 | €66,668 | +€46,838 | +236% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8 | -€99,987 | -€99,995 | |
| Other operating charges | 640/8 | €56,747 | €78,724 | +€21,977 | +38.7% |
| Operating profit (loss) | 9901 | €94,610 | €459,331 | +€364,721 | +386% |
| Financial income | 75/76B | €10,315 | €12,201 | +€1,886 | +18.3% |
| Recurring financial income | 75 | €10,315 | €12,201 | +€1,886 | +18.3% |
| Other financial income | 752/9 | €10,315 | €12,201 | +€1,886 | +18.3% |
| Financial charges | 65/66B | €328,119 | €315,437 | -€12,682 | -3.9% |
| Recurring financial charges | 65 | €328,119 | €315,437 | -€12,682 | -3.9% |
| Debt charges | 650 | €310,448 | €270,198 | -€40,250 | -13.0% |
| Other financial charges | 652/9 | €17,671 | €45,239 | +€27,568 | +156% |
| Profit (loss) for the period before taxes | 9903 | -€223,194 | €156,095 | +€379,290 | |
| Income taxes | 67/77 | €551 | €2,211 | +€1,659 | +301% |
| Taxes | 670/3 | €551 | €2,629 | +€2,077 | +377% |
| Tax adjustments and reversals of tax provisions | 77 | - | €418 | +€418 | |
| Profit (loss) for the period | 9904 | -€223,746 | €153,885 | +€377,631 | |
| Profit (loss) for the period to be appropriated | 9905 | -€223,746 | €153,885 | +€377,631 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.