POINT G TEX: 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.
POINT G TEX
Largest movements
- Receivables within one year -€33,079
no longer reported in 2025 (was €33,079)
- Stocks and contracts -€17,655
down €17,655 (-41.4%), from €42,655 to €25,000
- Cash +€14,322
up €14,322 (+693.5%), from €2,065 to €16,387
mainly Net result for the year (+€47,659) and Tax, wage and social debts (+€38,603)
- Tangible fixed assets -€2,679
down €2,679 (-37.7%), from €7,103 to €4,424
of which Leasing and similar rights: -€1,636
- Intangible fixed assets -€2,170
down €2,170 (-41.9%), from €5,176 to €3,006
- Trade debts -€82,346
down €82,346 (-73.5%), from €112,061 to €29,715
- Profit (loss) carried forward +€47,659
up €47,659 (+25.7%), from -€185,253 to -€137,594
- Advances received -€38,765
no longer reported in 2025 (was €38,765)
- Tax, wage and social debts +€38,603
up €38,603 (+717.5%), from €5,380 to €43,983
of which Taxes: +€36,514
- Other debts -€6,301
down €6,301 (-6.0%), from €105,045 to €98,744
- Gross operating margin +€52,073
up €52,073 (+121.2%), from €42,965 to €95,038
- Other operating charges +€9,966
up €9,966 (+185.4%), from €5,377 to €15,343
- Staff costs -€5,992
down €5,992 (-18.9%), from €31,717 to €25,726
- Depreciation +€4,049
up €4,049 (+438.6%), from €923 to €4,972
- Financial charges -€975
down €975 (-62.3%), from €1,567 to €591
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 | €90,258 | €49,170 | -€41,088 | -45.5% |
| Fixed assets | 21/28 | €12,459 | €7,430 | -€5,029 | -40.4% |
| Intangible fixed assets | 21 | €5,176 | €3,006 | -€2,170 | -41.9% |
| Tangible fixed assets | 22/27 | €7,103 | €4,424 | -€2,679 | -37.7% |
| Plant, machinery and equipment | 23 | - | €211 | +€211 | |
| Furniture and vehicles | 24 | €5,467 | €4,213 | -€1,254 | -22.9% |
| Leasing and similar rights | 25 | €1,636 | - | -€1,636 | |
| Financial fixed assets | 28 | €180 | - | -€180 | |
| Current assets | 29/58 | €77,799 | €41,740 | -€36,059 | -46.3% |
| Stocks and contracts in progress | 3 | €42,655 | €25,000 | -€17,655 | -41.4% |
| Stocks | 30/36 | €42,655 | €25,000 | -€17,655 | -41.4% |
| Amounts receivable within one year | 40/41 | €33,079 | - | -€33,079 | |
| Trade receivables | 40 | €33,079 | - | -€33,079 | |
| Cash at bank and in hand | 54/58 | €2,065 | €16,387 | +€14,322 | +693.5% |
| Deferred charges and accrued income | 490/1 | - | €354 | +€354 | |
| Total equity and liabilities | 10/49 | €90,258 | €49,170 | -€41,088 | -45.5% |
| Equity | 10/15 | -€170,993 | -€123,334 | +€47,659 | +27.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€185,253 | -€137,594 | +€47,659 | +25.7% |
| Amounts payable | 17/49 | €261,251 | €172,504 | -€88,747 | -34.0% |
| Amounts payable within one year | 42/48 | €261,251 | €172,504 | -€88,747 | -34.0% |
| Financial debts | 43 | - | €63 | +€63 | |
| Credit institutions | 430/8 | - | €63 | +€63 | |
| Trade debts | 44 | €112,061 | €29,715 | -€82,346 | -73.5% |
| Suppliers | 440/4 | €112,061 | €29,715 | -€82,346 | -73.5% |
| Advances received on contracts in progress | 46 | €38,765 | - | -€38,765 | |
| Taxes, remuneration and social security | 45 | €5,380 | €43,983 | +€38,603 | +717.5% |
| Taxes | 450/3 | €4,483 | €40,997 | +€36,514 | +814.5% |
| Remuneration and social security | 454/9 | €897 | €2,986 | +€2,089 | +232.8% |
| Other amounts payable | 47/48 | €105,045 | €98,744 | -€6,301 | -6.0% |
| Remuneration, social security and pensions | 62 | €31,717 | €25,726 | -€5,992 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €923 | €4,972 | +€4,049 | +438.6% |
| Other operating charges | 640/8 | €5,377 | €15,343 | +€9,966 | +185.4% |
| Gross operating margin | 9900 | €42,965 | €95,038 | +€52,073 | +121.2% |
| Operating profit (loss) | 9901 | €4,948 | €48,998 | +€44,050 | +890.2% |
| Financial charges | 65/66B | €1,567 | €591 | -€975 | -62.3% |
| Recurring financial charges | 65 | €1,567 | €591 | -€975 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €3,382 | €48,407 | +€45,025 | +1331.4% |
| Income taxes | 67/77 | €363 | €747 | +€385 | +106.1% |
| Profit (loss) for the period | 9904 | €3,019 | €47,659 | +€44,640 | +1478.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,019 | €47,659 | +€44,640 | +1478.6% |
Source: filed annual accounts (NBB), fiscal years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.