GOLDEN TEXTILE: 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.
GOLDEN TEXTILE
Largest movements
- Stocks and contracts +€54,550
up €54,550 (+117%), from €46,519 to €101,069
- Cash -€11,090
down €11,090 (-62.2%), from €17,828 to €6,738
mainly Stocks and contracts (-€54,550) and Net result for the year (-€36,085)
- Tangible fixed assets -€4,680
down €4,680 (-27.4%), from €17,089 to €12,409
- Profit (loss) carried forward -€36,085
down €36,085 (-512%), from -€7,049 to -€43,134
- Trade debts +€29,508
up €29,508 (+102%), from €28,835 to €58,343
- Other debts +€23,069
up €23,069 (+55.8%), from €41,339 to €64,408
- Tax, wage and social debts +€21,585
up €21,585 (+126%), from €17,132 to €38,717
of which Remuneration and social security: +€14,093
- Gross operating margin -€30,530
down €30,530, from €14,627 to -€15,903
- Purchases and services +€23,081
up €23,081 (+23.9%), from €96,529 to €119,610
- Staff costs +€7,408
up €7,408 (+97.5%), from €7,598 to €15,006
- Depreciation +€2,525
up €2,525 (+117%), from €2,156 to €4,681
- Turnover +€2,138
up €2,138 (+2.1%), from €101,569 to €103,707
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 | €86,457 | €124,534 | +€38,077 | +44.0% |
| Fixed assets | 21/28 | €17,089 | €12,409 | -€4,680 | -27.4% |
| Tangible fixed assets | 22/27 | €17,089 | €12,409 | -€4,680 | -27.4% |
| Furniture and vehicles | 24 | €17,089 | €12,409 | -€4,680 | -27.4% |
| Current assets | 29/58 | €69,368 | €112,125 | +€42,757 | +61.6% |
| Stocks and contracts in progress | 3 | €46,519 | €101,069 | +€54,550 | +117% |
| Stocks | 30/36 | €46,519 | €101,069 | +€54,550 | +117% |
| Amounts receivable within one year | 40/41 | €5,021 | €4,318 | -€703 | -14.0% |
| Trade receivables | 40 | €5,021 | €4,318 | -€703 | -14.0% |
| Cash at bank and in hand | 54/58 | €17,828 | €6,738 | -€11,090 | -62.2% |
| Total equity and liabilities | 10/49 | €86,457 | €124,534 | +€38,077 | +44.0% |
| Equity | 10/15 | -€849 | -€36,934 | -€36,085 | -4,250% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | -€7,049 | -€43,134 | -€36,085 | -512% |
| Amounts payable | 17/49 | €87,306 | €161,468 | +€74,162 | +84.9% |
| Amounts payable within one year | 42/48 | €87,306 | €161,468 | +€74,162 | +84.9% |
| Trade debts | 44 | €28,835 | €58,343 | +€29,508 | +102% |
| Suppliers | 440/4 | €28,835 | €58,343 | +€29,508 | +102% |
| Taxes, remuneration and social security | 45 | €17,132 | €38,717 | +€21,585 | +126% |
| Taxes | 450/3 | €9,534 | €17,026 | +€7,492 | +78.6% |
| Remuneration and social security | 454/9 | €7,598 | €21,691 | +€14,093 | +185% |
| Other amounts payable | 47/48 | €41,339 | €64,408 | +€23,069 | +55.8% |
| Turnover | 70 | €101,569 | €103,707 | +€2,138 | +2.1% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €96,529 | €119,610 | +€23,081 | +23.9% |
| Remuneration, social security and pensions | 62 | €7,598 | €15,006 | +€7,408 | +97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,156 | €4,681 | +€2,525 | +117% |
| Other operating charges | 640/8 | €713 | €377 | -€336 | -47.1% |
| Gross operating margin | 9900 | €14,627 | -€15,903 | -€30,530 | |
| Operating profit (loss) | 9901 | €4,160 | -€35,967 | -€40,127 | |
| Financial charges | 65/66B | €195 | €118 | -€77 | -39.5% |
| Recurring financial charges | 65 | €195 | €118 | -€77 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €3,965 | -€36,085 | -€40,050 | |
| Profit (loss) for the period | 9904 | €3,965 | -€36,085 | -€40,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,965 | -€36,085 | -€40,050 |
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 25 October 2026 via checked.be.