CORTHEX TEXTILES: 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.
CORTHEX TEXTILES
Largest movements
- Receivables within one year +€12,918
up €12,918 (+75.4%), from €17,129 to €30,048
of which Trade receivables: +€10,760
- Cash -€7,598
down €7,598 (-24.2%), from €31,358 to €23,760
mainly Receivables within one year (-€12,918) and Investment in fixed assets (net) (-€1,248)
- Tangible fixed assets -€4,220
down €4,220 (-24.0%), from €17,619 to €13,400
of which Furniture and vehicles: -€3,663
- Deferred charges and accrued income +€1,069
up €1,069 (+54.3%), from €1,968 to €3,037
- Other debts +€2,209
up €2,209 (+10.1%), from €21,960 to €24,169
- Gross operating margin +€7,804
up €7,804 (+480.3%), from €1,625 to €9,429
- Financial charges -€730
down €730 (-26.0%), from €2,806 to €2,076
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,075 | €70,243 | +€2,169 | +3.2% |
| Fixed assets | 21/28 | €17,619 | €13,400 | -€4,220 | -24.0% |
| Tangible fixed assets | 22/27 | €17,619 | €13,400 | -€4,220 | -24.0% |
| Land and buildings | 22 | €220 | €110 | -€110 | -50.0% |
| Plant, machinery and equipment | 23 | €1,566 | €1,119 | -€447 | -28.5% |
| Furniture and vehicles | 24 | €15,834 | €12,170 | -€3,663 | -23.1% |
| Current assets | 29/58 | €50,455 | €56,844 | +€6,389 | +12.7% |
| Amounts receivable within one year | 40/41 | €17,129 | €30,048 | +€12,918 | +75.4% |
| Trade receivables | 40 | €17,129 | €27,889 | +€10,760 | +62.8% |
| Other amounts receivable | 41 | - | €2,158 | +€2,158 | |
| Cash at bank and in hand | 54/58 | €31,358 | €23,760 | -€7,598 | -24.2% |
| Deferred charges and accrued income | 490/1 | €1,968 | €3,037 | +€1,069 | +54.3% |
| Total equity and liabilities | 10/49 | €68,075 | €70,243 | +€2,169 | +3.2% |
| Equity | 10/15 | €43,186 | €43,296 | +€110 | +0.3% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Reserves | 13 | €137,609 | €137,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €135,749 | €135,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,829 | -€106,719 | +€110 | +0.1% |
| Amounts payable | 17/49 | €24,889 | €26,948 | +€2,059 | +8.3% |
| Amounts payable within one year | 42/48 | €23,389 | €25,448 | +€2,059 | +8.8% |
| Trade debts | 44 | €1,128 | €1,035 | -€93 | -8.2% |
| Suppliers | 440/4 | €1,128 | €1,035 | -€93 | -8.2% |
| Taxes, remuneration and social security | 45 | €301 | €244 | -€58 | -19.2% |
| Taxes | 450/3 | €301 | €244 | -€58 | -19.2% |
| Other amounts payable | 47/48 | €21,960 | €24,169 | +€2,209 | +10.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,409 | €5,468 | +€59 | +1.1% |
| Other operating charges | 640/8 | €1,459 | €1,535 | +€76 | +5.2% |
| Gross operating margin | 9900 | €1,625 | €9,429 | +€7,804 | +480.3% |
| Operating profit (loss) | 9901 | -€5,244 | €2,426 | +€7,670 | |
| Financial income | 75/76B | €3 | €3 | +€0 | +16.2% |
| Recurring financial income | 75 | €3 | €3 | +€0 | +16.2% |
| Financial charges | 65/66B | €2,806 | €2,076 | -€730 | -26.0% |
| Recurring financial charges | 65 | €2,806 | €2,076 | -€730 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,047 | €354 | +€8,401 | |
| Income taxes | 67/77 | €254 | €244 | -€10 | -4.0% |
| Profit (loss) for the period | 9904 | -€8,301 | €110 | +€8,411 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,301 | €110 | +€8,411 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.