SHOE - TEX: 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.
SHOE - TEX
Largest movements
- Receivables after one year +€157,559
up €157,559 (+19.9%), from €793,586 to €951,146
- Receivables within one year -€39,274
down €39,274 (-100%), from €39,274 to €0
- Cash -€34,672
down €34,672 (-77.7%), from €44,622 to €9,950
mainly Receivables after one year (-€157,559) and Deferred charges and accrued income (-€3,589)
- Profit (loss) carried forward +€69,672
up €69,672 (+28.5%), from -€244,585 to -€174,913
- Debts after one year +€18,266
up €18,266 (+3.8%), from €479,749 to €498,015
- Gross operating margin +€197,271
up €197,271, from -€128,041 to €69,230
- Other operating charges -€8,556
down €8,556 (-39.2%), from €21,853 to €13,298
- Financial income -€6,270
down €6,270 (-16.4%), from €38,329 to €32,059
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 | €1,130,293 | €1,217,495 | +€87,203 | +7.7% |
| Fixed assets | 21/28 | €252,811 | €252,811 | = | 0.0% |
| Tangible fixed assets | 22/27 | €252,811 | €252,811 | = | 0.0% |
| Land and buildings | 22 | €252,811 | €252,811 | = | 0.0% |
| Current assets | 29/58 | €877,482 | €964,685 | +€87,203 | +9.9% |
| Amounts receivable after more than one year | 29 | €793,586 | €951,146 | +€157,559 | +19.9% |
| Other amounts receivable | 291 | €793,586 | €951,146 | +€157,559 | +19.9% |
| Amounts receivable within one year | 40/41 | €39,274 | €0 | -€39,274 | -100% |
| Other amounts receivable | 41 | €39,274 | €0 | -€39,274 | -100% |
| Cash at bank and in hand | 54/58 | €44,622 | €9,950 | -€34,672 | -77.7% |
| Deferred charges and accrued income | 490/1 | - | €3,589 | +€3,589 | |
| Total equity and liabilities | 10/49 | €1,130,293 | €1,217,495 | +€87,203 | +7.7% |
| Equity | 10/15 | €224,191 | €293,863 | +€69,672 | +31.1% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €461,275 | €461,275 | = | 0.0% |
| Distributable reserves | 133 | €461,275 | €461,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€244,585 | -€174,913 | +€69,672 | +28.5% |
| Amounts payable | 17/49 | €906,102 | €923,633 | +€17,530 | +1.9% |
| Amounts payable after more than one year | 17 | €479,749 | €498,015 | +€18,266 | +3.8% |
| Other amounts payable | 178/9 | €479,749 | €498,015 | +€18,266 | +3.8% |
| Amounts payable within one year | 42/48 | €419,653 | €418,706 | -€947 | -0.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €947 | €0 | -€947 | -100% |
| Suppliers | 440/4 | €947 | €0 | -€947 | -100% |
| Other amounts payable | 47/48 | €418,706 | €418,706 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,701 | €6,911 | +€211 | +3.1% |
| Other operating charges | 640/8 | €21,853 | €13,298 | -€8,556 | -39.2% |
| Gross operating margin | 9900 | -€128,041 | €69,230 | +€197,271 | |
| Operating profit (loss) | 9901 | -€149,895 | €55,933 | +€205,827 | |
| Financial income | 75/76B | €38,329 | €32,059 | -€6,270 | -16.4% |
| Recurring financial income | 75 | €38,329 | €32,059 | -€6,270 | -16.4% |
| Financial charges | 65/66B | €19,418 | €18,320 | -€1,098 | -5.7% |
| Recurring financial charges | 65 | €19,418 | €18,320 | -€1,098 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€130,983 | €69,672 | +€200,655 | |
| Profit (loss) for the period | 9904 | -€130,983 | €69,672 | +€200,655 | |
| Profit (loss) for the period to be appropriated | 9905 | -€130,983 | €69,672 | +€200,655 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.