INDETEX: 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.
What changed
INDETEX
NACE 46.412, Wholesale of household textiles and bedding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€733,096
2024 · €2.4m-€1.6m
Equity
€7.1m
2024 · €12.3m-€5.3m
Cash
€3.1m
2024 · €9.5m-€6.4m
Balance sheet total
€10.4m
2024 · €16.1m-€5.8m
Largest movements
Assets
- Cash -€6.4m
down €6.4m (-67.4%), from €9.5m to €3.1m
mainly Contributions, distributions and other (-€6.0m) and Current investments (-€427,577)
- Current investments +€427,577
up €427,577, from €0 to €427,577
- Stocks and contracts +€189,429
up €189,429 (+6.9%), from €2.7m to €2.9m
Equity and liabilities
- Reserves -€5.3m
down €5.3m (-43.0%), from €12.2m to €7.0m
of which Distributable reserves: -€5.3m
- Debts after one year -€304,660
down €304,660 (-24.1%), from €1.3m to €961,235
Income statement
- Taxes +€927,089
up €927,089, from -€666,690 to €260,400
- Financial charges +€467,946
up €467,946 (+870%), from €53,775 to €521,721
- Goods and materials +€459,863
up €459,863 (+6.6%), from €7.0m to €7.4m
of which Purchases: +€1.1m
- Services and other goods +€265,517
up €265,517 (+6.9%), from €3.8m to €4.1m
- Turnover +€181,092
up €181,092 (+1.3%), from €13.5m to €13.6m
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.
Result 2024
€2.4m
Turnover
+€181,092
Other operating income
+€45,833
Goods and materials
-€459,863
Services and other goods
-€265,517
Staff costs
-€75,391
Depreciation
+€43,459
Write-downs
+€163,423
Other operating charges
+€27,252
Other operating items
+€55,450
Financial income
+€39,266
Financial charges
-€467,946
Taxes
-€927,089
Result 2025
€733,096
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€461,446
Investment
-€549,314
Financing
-€6.3m
Cash 2024
€9.5m
From operations (derived)
+€461,446
Net result for the year
+€733,096
Depreciation
+€135,741
Stocks and contracts
-€189,429
Receivables within one year
+€14,051
Deferred charges and accrued income
-€19,182
Trade debts
-€69,790
Tax, wage and social debts
-€48,552
Other debts
-€40,917
Accrued charges and deferred income
-€53,573
Investment (derived)
-€549,314
Investment in fixed assets (net)
-€121,736
Current investments
-€427,577
Financing
-€6.3m
Debts after one year
-€304,660
Current portion of long-term debt
+€3,408
Contributions, distributions and other
-€6.0m
Cash 2025
€3.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,132,421 | €10,351,433 | -€5.8m | -35.8% |
| Fixed assets | 21/28 | €662,315 | €648,309 | -€14,005 | -2.1% |
| Intangible fixed assets | 21 | €16,543 | €11,404 | -€5,139 | -31.1% |
| Tangible fixed assets | 22/27 | €645,772 | €636,906 | -€8,866 | -1.4% |
| Land and buildings | 22 | €373,779 | €379,797 | +€6,019 | +1.6% |
| Plant, machinery and equipment | 23 | €99,295 | €60,748 | -€38,547 | -38.8% |
| Furniture and vehicles | 24 | €172,698 | €131,860 | -€40,838 | -23.6% |
| Assets under construction and advance payments | 27 | - | €64,500 | +€64,500 | |
| Current assets | 29/58 | €15,470,106 | €9,703,124 | -€5.8m | -37.3% |
| Amounts receivable after more than one year | 29 | €571,000 | €571,000 | = | 0.0% |
| Other amounts receivable | 291 | €571,000 | €571,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,747,017 | €2,936,446 | +€189,429 | +6.9% |
| Stocks | 30/36 | €2,747,017 | €2,936,446 | +€189,429 | +6.9% |
| Raw materials and consumables | 30/31 | €128,470 | €93,344 | -€35,126 | -27.3% |
| Goods purchased for resale | 34 | €2,618,547 | €2,843,102 | +€224,555 | +8.6% |
| Amounts receivable within one year | 40/41 | €2,646,587 | €2,632,536 | -€14,051 | -0.5% |
| Trade receivables | 40 | €2,598,722 | €2,470,904 | -€127,818 | -4.9% |
| Other amounts receivable | 41 | €47,864 | €161,631 | +€113,767 | +238% |
| Current investments | 50/53 | €0 | €427,577 | +€427,577 | |
| Other investments | 51/53 | €0 | €427,577 | +€427,577 | |
| Cash at bank and in hand | 54/58 | €9,483,720 | €3,094,600 | -€6.4m | -67.4% |
| Deferred charges and accrued income | 490/1 | €21,783 | €40,965 | +€19,182 | +88.1% |
| Total equity and liabilities | 10/49 | €16,132,421 | €10,351,433 | -€5.8m | -35.8% |
| Equity | 10/15 | €12,319,866 | €7,052,962 | -€5.3m | -42.8% |
| Contributions | 10/11 | €73,892 | €73,892 | = | 0.0% |
| Capital | 10 | €73,892 | €73,892 | = | 0.0% |
| Issued capital | 100 | €73,892 | €73,892 | = | 0.0% |
| Reserves | 13 | €12,245,974 | €6,979,069 | -€5.3m | -43.0% |
| Non-distributable reserves | 130/1 | €7,389 | €7,389 | = | 0.0% |
| Legal reserve | 130 | €7,389 | €7,389 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,542,055 | €3,542,055 | = | 0.0% |
| Distributable reserves | 133 | €8,696,529 | €3,429,625 | -€5.3m | -60.6% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €3,812,555 | €3,298,472 | -€514,083 | -13.5% |
| Amounts payable after more than one year | 17 | €1,265,895 | €961,235 | -€304,660 | -24.1% |
| Financial debts | 170/4 | €1,265,895 | €961,235 | -€304,660 | -24.1% |
| Credit institutions | 173 | €1,265,895 | €961,235 | -€304,660 | -24.1% |
| Amounts payable within one year | 42/48 | €2,493,087 | €2,337,237 | -€155,851 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €301,252 | €304,660 | +€3,408 | +1.1% |
| Trade debts | 44 | €1,501,880 | €1,432,090 | -€69,790 | -4.6% |
| Suppliers | 440/4 | €1,501,880 | €1,432,090 | -€69,790 | -4.6% |
| Taxes, remuneration and social security | 45 | €155,556 | €107,004 | -€48,552 | -31.2% |
| Taxes | 450/3 | €47,855 | €17,718 | -€30,136 | -63.0% |
| Remuneration and social security | 454/9 | €107,701 | €89,286 | -€18,415 | -17.1% |
| Other amounts payable | 47/48 | €534,399 | €493,482 | -€40,917 | -7.7% |
| Accrued charges and deferred income | 492/3 | €53,573 | €0 | -€53,573 | -100% |
| Operating income | 70/76A | €13,481,931 | €13,708,856 | +€226,925 | +1.7% |
| Turnover | 70 | €13,465,994 | €13,647,086 | +€181,092 | +1.3% |
| Other operating income | 74 | €15,937 | €61,770 | +€45,833 | +288% |
| Operating charges | 60/66A | €11,925,312 | €12,436,498 | +€511,186 | +4.3% |
| Goods for resale, raw materials and consumables | 60 | €6,963,325 | €7,423,188 | +€459,863 | +6.6% |
| Purchases | 600/8 | €6,500,336 | €7,574,047 | +€1.1m | +16.5% |
| Change in stocks: decrease (increase) | 609 | €462,988 | -€150,859 | -€613,847 | |
| Services and other goods | 61 | €3,849,779 | €4,115,296 | +€265,517 | +6.9% |
| Remuneration, social security and pensions | 62 | €697,148 | €772,539 | +€75,391 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,201 | €135,741 | -€43,459 | -24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €126,693 | -€36,729 | -€163,423 | |
| Other operating charges | 640/8 | €53,716 | €26,464 | -€27,252 | -50.7% |
| Non-recurring operating charges | 66A | €55,450 | €0 | -€55,450 | -100% |
| Operating profit (loss) | 9901 | €1,556,619 | €1,272,358 | -€284,261 | -18.3% |
| Financial income | 75/76B | €203,592 | €242,858 | +€39,266 | +19.3% |
| Recurring financial income | 75 | €203,592 | €242,858 | +€39,266 | +19.3% |
| Income from current assets | 751 | €143,341 | €31,403 | -€111,938 | -78.1% |
| Other financial income | 752/9 | €60,251 | €211,455 | +€151,205 | +251% |
| Financial charges | 65/66B | €53,775 | €521,721 | +€467,946 | +870% |
| Recurring financial charges | 65 | €53,775 | €521,721 | +€467,946 | +870% |
| Debt charges | 650 | €26,684 | €21,978 | -€4,706 | -17.6% |
| Other financial charges | 652/9 | €27,091 | €499,743 | +€472,652 | +1,745% |
| Profit (loss) for the period before taxes | 9903 | €1,706,436 | €993,495 | -€712,941 | -41.8% |
| Income taxes | 67/77 | -€666,690 | €260,400 | +€927,089 | |
| Taxes | 670/3 | €435,702 | €260,511 | -€175,191 | -40.2% |
| Tax adjustments and reversals of tax provisions | 77 | €1,102,392 | €112 | -€1.1m | -100.0% |
| Profit (loss) for the period | 9904 | €2,373,126 | €733,096 | -€1.6m | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,373,126 | €733,096 | -€1.6m | -69.1% |
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 13 October 2026 via checked.be.