GENERAL TEXTIL: 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.
GENERAL TEXTIL
Largest movements
- Stocks and contracts -€50,975
down €50,975 (-25.5%), from €199,963 to €148,988
- Receivables within one year +€38,769
up €38,769 (+11.4%), from €339,536 to €378,305
of which Trade receivables: +€39,618
- Tangible fixed assets +€15,985
up €15,985 (+97.1%), from €16,464 to €32,449
of which Plant, machinery and equipment: +€18,786
- Cash -€9,259
no longer reported in 2025 (was €9,259)
mainly Trade debts (-€179,685) and Investment in fixed assets (net) (-€46,725)
- Financial fixed assets +€5,675
up €5,675 (+4578.1%), from €124 to €5,798
- Trade debts -€179,685
down €179,685 (-79.9%), from €224,993 to €45,308
- Other debts +€138,250
up €138,250 (+159.8%), from €86,498 to €224,748
- Short-term financial debts +€40,592
new in 2025: €40,592
- Turnover -€467,026
down €467,026 (-37.7%), from €1.2m to €770,395
- Purchases and services -€465,762
down €465,762 (-39.0%), from €1.2m to €727,831
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 | €565,346 | €565,540 | +€194 | 0.0% |
| Fixed assets | 21/28 | €16,588 | €38,247 | +€21,660 | +130.6% |
| Tangible fixed assets | 22/27 | €16,464 | €32,449 | +€15,985 | +97.1% |
| Plant, machinery and equipment | 23 | €13,663 | €32,449 | +€18,786 | +137.5% |
| Furniture and vehicles | 24 | €2,801 | - | -€2,801 | |
| Financial fixed assets | 28 | €124 | €5,798 | +€5,675 | +4578.1% |
| Current assets | 29/58 | €548,758 | €527,293 | -€21,465 | -3.9% |
| Stocks and contracts in progress | 3 | €199,963 | €148,988 | -€50,975 | -25.5% |
| Stocks | 30/36 | €199,963 | €148,988 | -€50,975 | -25.5% |
| Amounts receivable within one year | 40/41 | €339,536 | €378,305 | +€38,769 | +11.4% |
| Trade receivables | 40 | €329,763 | €369,381 | +€39,618 | +12.0% |
| Other amounts receivable | 41 | €9,774 | €8,924 | -€850 | -8.7% |
| Cash at bank and in hand | 54/58 | €9,259 | - | -€9,259 | |
| Total equity and liabilities | 10/49 | €565,346 | €565,540 | +€194 | 0.0% |
| Equity | 10/15 | €152,562 | €153,605 | +€1,042 | +0.7% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,757 | €71,800 | +€1,042 | +1.5% |
| Amounts payable | 17/49 | €412,783 | €411,935 | -€848 | -0.2% |
| Amounts payable within one year | 42/48 | €412,783 | €411,935 | -€848 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €101,293 | €101,287 | -€6 | 0.0% |
| Financial debts | 43 | - | €40,592 | +€40,592 | |
| Credit institutions | 430/8 | - | €40,592 | +€40,592 | |
| Trade debts | 44 | €224,993 | €45,308 | -€179,685 | -79.9% |
| Suppliers | 440/4 | €224,993 | €45,308 | -€179,685 | -79.9% |
| Other amounts payable | 47/48 | €86,498 | €224,748 | +€138,250 | +159.8% |
| Turnover | 70 | €1,237,421 | €770,395 | -€467,026 | -37.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,193,593 | €727,831 | -€465,762 | -39.0% |
| Remuneration, social security and pensions | 62 | €9,664 | €1,519 | -€8,145 | -84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,769 | €25,065 | +€12,296 | +96.3% |
| Other operating charges | 640/8 | €6,169 | €4,175 | -€1,994 | -32.3% |
| Gross operating margin | 9900 | €43,828 | €42,564 | -€1,264 | -2.9% |
| Operating profit (loss) | 9901 | €15,226 | €11,805 | -€3,421 | -22.5% |
| Financial income | 75/76B | €5,013 | €1,736 | -€3,278 | -65.4% |
| Recurring financial income | 75 | €513 | €1,736 | +€1,222 | +238.1% |
| Non-recurring financial income | 76B | €4,500 | €1,736 | -€2,764 | -61.4% |
| Financial charges | 65/66B | €11,358 | €10,302 | -€1,056 | -9.3% |
| Recurring financial charges | 65 | €11,358 | €10,302 | -€1,056 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €8,882 | €3,239 | -€5,643 | -63.5% |
| Income taxes | 67/77 | €8,604 | €2,196 | -€6,407 | -74.5% |
| Profit (loss) for the period | 9904 | €278 | €1,042 | +€764 | +274.6% |
| Profit (loss) for the period to be appropriated | 9905 | €278 | €1,042 | +€764 | +274.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.