LE TISSAGE: 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
LE TISSAGE
NACE 13.200, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€586,737
2024 · -€760,390+€1.3m
Equity
€3.6m
2024 · €3.0m+€569,657
Cash
€229,017
2024 · €120,804+€108,213
Balance sheet total
€12.7m
2024 · €12.8m-€82,219
Largest movements
Assets
- Financial fixed assets -€750,739
down €750,739 (-78.3%), from €959,280 to €208,541
of which Affiliated companies: -€748,489
- Stocks and contracts +€408,338
up €408,338 (+8.5%), from €4.8m to €5.2m
- Receivables within one year +€347,294
up €347,294 (+9.8%), from €3.6m to €3.9m
of which Trade receivables: +€412,956
- Receivables after one year -€192,481
down €192,481 (-100%), from €192,481 to €0
Equity and liabilities
- Other debts -€898,373
down €898,373 (-81.6%), from €1.1m to €203,238
- Debts after one year -€597,802
down €597,802 (-30.3%), from €2.0m to €1.4m
of which Other amounts payable: -€500,000
- Profit (loss) carried forward +€586,737
up €586,737 (+35.2%), from €1.7m to €2.3m
- Short-term financial debts +€306,971
up €306,971 (+14.6%), from €2.1m to €2.4m
- Accrued charges and deferred income +€246,832
up €246,832 (+346%), from €71,347 to €318,178
Income statement
- Turnover +€4.8m
up €4.8m (+22.5%), from €21.5m to €26.3m
- Services and other goods +€2.3m
up €2.3m (+25.6%), from €8.8m to €11.1m
- Goods and materials +€2.2m
up €2.2m (+30.3%), from €7.3m to €9.5m
of which Change in stocks: decrease (increase): +€1.2m
- Write-downs -€1.1m
down €1.1m, from €842,227 to -€279,743
- Financial charges -€720,666
down €720,666 (-64.7%), from €1.1m to €393,758
of which Non-recurring financial charges: -€674,967
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
-€760,390
Turnover
+€4.8m
Other operating income
+€51,973
Goods and materials
-€2.2m
Services and other goods
-€2.3m
Staff costs
-€603,167
Depreciation
-€138,226
Write-downs
+€1.1m
Other operating charges
-€3,771
Other operating items
-€128
Financial income
+€3,866
Financial charges
+€720,666
Taxes
-€181,620
Result 2025
€586,737
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
+€218,011
Investment
+€118,421
Financing
-€228,219
Cash 2024
€120,804
From operations (derived)
+€218,011
Net result for the year
+€586,737
Depreciation
+€749,143
Receivables after one year
+€192,481
Stocks and contracts
-€408,338
Receivables within one year
-€347,294
Deferred charges and accrued income
-€113,982
Trade debts
-€59,361
Tax, wage and social debts
+€79,969
Advances received
+€190,197
Other debts
-€898,373
Accrued charges and deferred income
+€246,832
Investment (derived)
+€118,421
Investment in fixed assets (net)
+€118,421
Financing
-€228,219
Debts after one year
-€597,802
Current portion of long-term debt
+€79,692
Short-term financial debts
+€306,971
Contributions, distributions and other
-€17,080
Cash 2025
€229,017
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,830,995 | €12,748,776 | -€82,219 | -0.6% |
| Fixed assets | 21/28 | €4,082,372 | €3,214,807 | -€867,564 | -21.3% |
| Intangible fixed assets | 21 | €92,701 | €53,300 | -€39,401 | -42.5% |
| Tangible fixed assets | 22/27 | €3,030,391 | €2,952,967 | -€77,424 | -2.6% |
| Land and buildings | 22 | €209,201 | €159,536 | -€49,665 | -23.7% |
| Plant, machinery and equipment | 23 | €1,190,879 | €1,131,736 | -€59,143 | -5.0% |
| Furniture and vehicles | 24 | €178,559 | €159,795 | -€18,764 | -10.5% |
| Leasing and similar rights | 25 | €1,451,752 | €1,501,899 | +€50,147 | +3.5% |
| Financial fixed assets | 28 | €959,280 | €208,541 | -€750,739 | -78.3% |
| Affiliated companies | 280/1 | €957,030 | €208,541 | -€748,489 | -78.2% |
| Participating interests | 280 | €957,030 | €208,541 | -€748,489 | -78.2% |
| Other financial fixed assets | 284/8 | €2,250 | €0 | -€2,250 | -100% |
| Amounts receivable and cash guarantees | 285/8 | €2,250 | €0 | -€2,250 | -100% |
| Current assets | 29/58 | €8,748,623 | €9,533,969 | +€785,346 | +9.0% |
| Amounts receivable after more than one year | 29 | €192,481 | €0 | -€192,481 | -100% |
| Other amounts receivable | 291 | €192,481 | €0 | -€192,481 | -100% |
| Stocks and contracts in progress | 3 | €4,824,032 | €5,232,370 | +€408,338 | +8.5% |
| Stocks | 30/36 | €4,824,032 | €5,232,370 | +€408,338 | +8.5% |
| Raw materials and consumables | 30/31 | €2,011,976 | €3,313,778 | +€1.3m | +64.7% |
| Goods purchased for resale | 34 | €2,812,056 | €1,918,593 | -€893,463 | -31.8% |
| Amounts receivable within one year | 40/41 | €3,550,682 | €3,897,976 | +€347,294 | +9.8% |
| Trade receivables | 40 | €2,919,508 | €3,332,464 | +€412,956 | +14.1% |
| Other amounts receivable | 41 | €631,174 | €565,511 | -€65,663 | -10.4% |
| Cash at bank and in hand | 54/58 | €120,804 | €229,017 | +€108,213 | +89.6% |
| Deferred charges and accrued income | 490/1 | €60,623 | €174,605 | +€113,982 | +188% |
| Total equity and liabilities | 10/49 | €12,830,995 | €12,748,776 | -€82,219 | -0.6% |
| Equity | 10/15 | €3,026,683 | €3,596,339 | +€569,657 | +18.8% |
| Contributions | 10/11 | €510,721 | €510,721 | = | 0.0% |
| Capital | 10 | €508,000 | €508,000 | = | 0.0% |
| Issued capital | 100 | €508,000 | €508,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,721 | €2,721 | = | 0.0% |
| Share premium | 1100/10 | €2,721 | €2,721 | = | 0.0% |
| Reserves | 13 | €813,818 | €813,818 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,800 | €50,800 | = | 0.0% |
| Legal reserve | 130 | €50,800 | €50,800 | = | 0.0% |
| Distributable reserves | 133 | €763,018 | €763,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,665,105 | €2,251,842 | +€586,737 | +35.2% |
| Investment grants | 15 | €37,038 | €19,958 | -€17,080 | -46.1% |
| Amounts payable | 17/49 | €9,804,312 | €9,152,437 | -€651,875 | -6.6% |
| Amounts payable after more than one year | 17 | €1,969,696 | €1,371,894 | -€597,802 | -30.3% |
| Financial debts | 170/4 | €1,469,696 | €1,371,894 | -€97,802 | -6.7% |
| Leasing and similar obligations | 172 | €942,759 | €732,012 | -€210,747 | -22.4% |
| Credit institutions | 173 | €526,937 | €639,882 | +€112,945 | +21.4% |
| Other amounts payable | 178/9 | €500,000 | €0 | -€500,000 | -100% |
| Amounts payable within one year | 42/48 | €7,763,269 | €7,462,364 | -€300,905 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €676,607 | €756,299 | +€79,692 | +11.8% |
| Financial debts | 43 | €2,100,000 | €2,406,971 | +€306,971 | +14.6% |
| Credit institutions | 430/8 | €2,100,000 | €2,406,971 | +€306,971 | +14.6% |
| Trade debts | 44 | €2,983,447 | €2,924,086 | -€59,361 | -2.0% |
| Suppliers | 440/4 | €2,983,447 | €2,924,086 | -€59,361 | -2.0% |
| Advances received on contracts in progress | 46 | €440,968 | €631,165 | +€190,197 | +43.1% |
| Taxes, remuneration and social security | 45 | €460,637 | €540,606 | +€79,969 | +17.4% |
| Taxes | 450/3 | €105,508 | €114,087 | +€8,579 | +8.1% |
| Remuneration and social security | 454/9 | €355,129 | €426,519 | +€71,390 | +20.1% |
| Other amounts payable | 47/48 | €1,101,611 | €203,238 | -€898,373 | -81.6% |
| Accrued charges and deferred income | 492/3 | €71,347 | €318,178 | +€246,832 | +346% |
| Operating income | 70/76A | €21,605,540 | €26,499,685 | +€4.9m | +22.7% |
| Turnover | 70 | €21,500,739 | €26,342,911 | +€4.8m | +22.5% |
| Other operating income | 74 | €104,802 | €156,774 | +€51,973 | +49.6% |
| Operating charges | 60/66A | €21,339,558 | €25,429,489 | +€4.1m | +19.2% |
| Goods for resale, raw materials and consumables | 60 | €7,314,501 | €9,528,909 | +€2.2m | +30.3% |
| Purchases | 600/8 | €8,682,765 | €9,700,113 | +€1.0m | +11.7% |
| Change in stocks: decrease (increase) | 609 | -€1,368,264 | -€171,204 | +€1.2m | +87.5% |
| Services and other goods | 61 | €8,803,452 | €11,055,653 | +€2.3m | +25.6% |
| Remuneration, social security and pensions | 62 | €3,696,231 | €4,299,398 | +€603,167 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €610,917 | €749,143 | +€138,226 | +22.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €842,227 | -€279,743 | -€1.1m | |
| Other operating charges | 640/8 | €72,154 | €75,925 | +€3,771 | +5.2% |
| Non-recurring operating charges | 66A | €75 | €203 | +€128 | +171% |
| Operating profit (loss) | 9901 | €265,983 | €1,070,197 | +€804,214 | +302% |
| Financial income | 75/76B | €139,718 | €143,584 | +€3,866 | +2.8% |
| Recurring financial income | 75 | €139,718 | €143,584 | +€3,866 | +2.8% |
| Income from current assets | 751 | €0 | €43,784 | +€43,784 | |
| Other financial income | 752/9 | €139,718 | €99,801 | -€39,917 | -28.6% |
| Financial charges | 65/66B | €1,114,424 | €393,758 | -€720,666 | -64.7% |
| Recurring financial charges | 65 | €340,161 | €294,462 | -€45,699 | -13.4% |
| Debt charges | 650 | €221,609 | €198,907 | -€22,702 | -10.2% |
| Other financial charges | 652/9 | €118,552 | €95,555 | -€22,997 | -19.4% |
| Non-recurring financial charges | 66B | €774,263 | €99,296 | -€674,967 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | -€708,724 | €820,023 | +€1.5m | |
| Income taxes | 67/77 | €51,667 | €233,286 | +€181,620 | +352% |
| Taxes | 670/3 | €51,667 | €233,492 | +€181,825 | +352% |
| Tax adjustments and reversals of tax provisions | 77 | - | €206 | +€206 | |
| Profit (loss) for the period | 9904 | -€760,390 | €586,737 | +€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€760,390 | €586,737 | +€1.3m |
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 28 October 2026 via checked.be.