ESTRELA TEXTILES: 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.
ESTRELA TEXTILES
Largest movements
- Tangible fixed assets +€11,351
new in 2025: €11,351
- Cash -€2,534
down €2,534 (-54.5%), from €4,649 to €2,115
mainly Investment in fixed assets (net) (-€13,982) and Other debts (-€5,300)
- Receivables within one year -€1,128
down €1,128 (-27.5%), from €4,099 to €2,971
of which Trade receivables: -€1,169
- Deferred charges and accrued income +€330
up €330 (+11.2%), from €2,947 to €3,277
- Other debts -€5,300
down €5,300 (-4.0%), from €131,348 to €126,048
- Debts after one year +€4,537
new in 2025: €4,537
- Current portion of long-term debt +€3,980
new in 2025: €3,980
- Profit (loss) carried forward +€3,808
up €3,808 (+1.0%), from -€375,882 to -€372,074
- Trade debts +€1,220
up €1,220 (+93.7%), from €1,302 to €2,521
- Depreciation +€2,631
new in 2025: €2,631
- Gross operating margin -€2,018
down €2,018 (-18.7%), from €10,809 to €8,790
- Financial charges +€670
up €670 (+403%), from €166 to €837
- Other operating charges +€168
up €168 (+14.5%), from €1,165 to €1,334
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,695 | €19,714 | +€8,019 | +68.6% |
| Fixed assets | 21/28 | - | €11,351 | +€11,351 | |
| Tangible fixed assets | 22/27 | - | €11,351 | +€11,351 | |
| Furniture and vehicles | 24 | - | €11,351 | +€11,351 | |
| Current assets | 29/58 | €11,695 | €8,363 | -€3,332 | -28.5% |
| Amounts receivable within one year | 40/41 | €4,099 | €2,971 | -€1,128 | -27.5% |
| Trade receivables | 40 | €4,073 | €2,904 | -€1,169 | -28.7% |
| Other amounts receivable | 41 | €26 | €67 | +€41 | +160% |
| Cash at bank and in hand | 54/58 | €4,649 | €2,115 | -€2,534 | -54.5% |
| Deferred charges and accrued income | 490/1 | €2,947 | €3,277 | +€330 | +11.2% |
| Total equity and liabilities | 10/49 | €11,695 | €19,714 | +€8,019 | +68.6% |
| Equity | 10/15 | -€121,502 | -€117,694 | +€3,808 | +3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €235,788 | €235,788 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €233,929 | €233,929 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€375,882 | -€372,074 | +€3,808 | +1.0% |
| Amounts payable | 17/49 | €133,197 | €137,407 | +€4,211 | +3.2% |
| Amounts payable after more than one year | 17 | - | €4,537 | +€4,537 | |
| Financial debts | 170/4 | - | €4,537 | +€4,537 | |
| Amounts payable within one year | 42/48 | €132,997 | €132,670 | -€327 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,980 | +€3,980 | |
| Trade debts | 44 | €1,302 | €2,521 | +€1,220 | +93.7% |
| Suppliers | 440/4 | €1,302 | €2,521 | +€1,220 | +93.7% |
| Taxes, remuneration and social security | 45 | €347 | €120 | -€226 | -65.3% |
| Taxes | 450/3 | €347 | €120 | -€226 | -65.3% |
| Other amounts payable | 47/48 | €131,348 | €126,048 | -€5,300 | -4.0% |
| Accrued charges and deferred income | 492/3 | €200 | €200 | = | 0.0% |
| Non-recurring operating income | 76A | - | €226 | +€226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,631 | +€2,631 | |
| Other operating charges | 640/8 | €1,165 | €1,334 | +€168 | +14.5% |
| Gross operating margin | 9900 | €10,809 | €8,790 | -€2,018 | -18.7% |
| Operating profit (loss) | 9901 | €9,643 | €4,825 | -€4,818 | -50.0% |
| Financial income | 75/76B | €36 | €29 | -€7 | -19.7% |
| Recurring financial income | 75 | €36 | €29 | -€7 | -19.7% |
| Financial charges | 65/66B | €166 | €837 | +€670 | +403% |
| Recurring financial charges | 65 | €166 | €837 | +€670 | +403% |
| Profit (loss) for the period before taxes | 9903 | €9,513 | €4,017 | -€5,496 | -57.8% |
| Income taxes | 67/77 | €224 | €209 | -€15 | -6.9% |
| Profit (loss) for the period | 9904 | €9,288 | €3,808 | -€5,480 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,288 | €3,808 | -€5,480 | -59.0% |
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 31 October 2026 via checked.be.