HET TEKSTHUIS: 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.
HET TEKSTHUIS
Largest movements
- Receivables within one year -€38,547
down €38,547 (-79.2%), from €48,689 to €10,142
- Cash +€31,989
up €31,989 (+13.7%), from €233,515 to €265,504
mainly Receivables within one year (+€38,547) and Net result for the year (+€21,497)
- Tax, wage and social debts -€5,187
down €5,187 (-60.2%), from €8,609 to €3,423
- Reserves -€4,211
down €4,211 (-1.7%), from €254,429 to €250,217
of which Distributable reserves: -€4,211
- Gross operating margin -€11,417
down €11,417 (-26.3%), from €43,349 to €31,932
- Taxes -€4,955
down €4,955 (-40.0%), from €12,382 to €7,427
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 | €287,267 | €278,732 | -€8,535 | -3.0% |
| Fixed assets | 21/28 | €4,141 | €2,096 | -€2,044 | -49.4% |
| Tangible fixed assets | 22/27 | €4,063 | €2,019 | -€2,044 | -50.3% |
| Plant, machinery and equipment | 23 | €2,709 | €984 | -€1,726 | -63.7% |
| Furniture and vehicles | 24 | €1,354 | €1,036 | -€318 | -23.5% |
| Financial fixed assets | 28 | €77 | €77 | = | 0.0% |
| Current assets | 29/58 | €283,126 | €276,635 | -€6,491 | -2.3% |
| Amounts receivable within one year | 40/41 | €48,689 | €10,142 | -€38,547 | -79.2% |
| Trade receivables | 40 | €48,689 | €10,142 | -€38,547 | -79.2% |
| Cash at bank and in hand | 54/58 | €233,515 | €265,504 | +€31,989 | +13.7% |
| Deferred charges and accrued income | 490/1 | €922 | €989 | +€67 | +7.3% |
| Total equity and liabilities | 10/49 | €287,267 | €278,732 | -€8,535 | -3.0% |
| Equity | 10/15 | €273,029 | €268,817 | -€4,211 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €254,429 | €250,217 | -€4,211 | -1.7% |
| 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 | €252,569 | €248,357 | -€4,211 | -1.7% |
| Amounts payable | 17/49 | €14,238 | €9,914 | -€4,324 | -30.4% |
| Amounts payable within one year | 42/48 | €14,238 | €9,914 | -€4,324 | -30.4% |
| Trade debts | 44 | €3,870 | €4,937 | +€1,067 | +27.6% |
| Suppliers | 440/4 | €3,870 | €4,937 | +€1,067 | +27.6% |
| Taxes, remuneration and social security | 45 | €8,609 | €3,423 | -€5,187 | -60.2% |
| Taxes | 450/3 | €8,609 | €3,423 | -€5,187 | -60.2% |
| Other amounts payable | 47/48 | €1,759 | €1,554 | -€205 | -11.7% |
| Remuneration, social security and pensions | 62 | €330 | - | -€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,364 | €2,044 | -€320 | -13.5% |
| Other operating charges | 640/8 | €830 | €898 | +€67 | +8.1% |
| Gross operating margin | 9900 | €43,349 | €31,932 | -€11,417 | -26.3% |
| Operating profit (loss) | 9901 | €39,825 | €28,990 | -€10,835 | -27.2% |
| Financial income | 75/76B | €487 | €59 | -€428 | -88.0% |
| Recurring financial income | 75 | €487 | €59 | -€428 | -88.0% |
| Financial charges | 65/66B | €164 | €125 | -€40 | -24.2% |
| Recurring financial charges | 65 | €164 | €125 | -€40 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €40,147 | €28,924 | -€11,223 | -28.0% |
| Income taxes | 67/77 | €12,382 | €7,427 | -€4,955 | -40.0% |
| Profit (loss) for the period | 9904 | €27,766 | €21,497 | -€6,268 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,766 | €21,497 | -€6,268 | -22.6% |
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 21 October 2026 via checked.be.