STANDARD TEXTILE: 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.
What changed
STANDARD TEXTILE
NACE 14.220, Manufacture of wearing apparel
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€338,974
2024 · €410,510-€71,535
Equity
€5.1m
2024 · €4.8m+€338,974
Cash
€233,128
2024 · €342,731-€109,603
Balance sheet total
€9.4m
2024 · €9.7m-€293,134
Largest movements
Assets
- Receivables within one year -€411,123
down €411,123 (-11.1%), from €3.7m to €3.3m
of which Trade receivables: -€449,502
- Stocks and contracts +€180,682
up €180,682 (+3.2%), from €5.6m to €5.8m
- Cash -€109,603
down €109,603 (-32.0%), from €342,731 to €233,128
mainly Trade debts (-€883,906) and Stocks and contracts (-€180,682)
Equity and liabilities
- Trade debts -€883,906
down €883,906 (-26.6%), from €3.3m to €2.4m
- Profit (loss) carried forward +€338,974
up €338,974 (+9.2%), from €3.7m to €4.0m
- Short-term financial debts +€236,111
up €236,111 (+16.6%), from €1.4m to €1.7m
Income statement
- Goods and materials +€1.0m
up €1.0m (+12.1%), from €8.4m to €9.4m
of which Change in stocks: decrease (increase): +€717,802
- Turnover +€289,782
up €289,782 (+2.6%), from €11.3m to €11.6m
- Staff costs -€219,216
down €219,216 (-23.0%), from €952,524 to €733,308
- Write-downs +€130,237
up €130,237 (+380.0%), from €34,269 to €164,507
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
€410,510
Turnover
+€289,782
Other operating income
+€4,172
Goods and materials
-€1.0m
Services and other goods
-€30,486
Staff costs
+€219,216
Depreciation
+€8,408
Write-downs
-€130,237
Other operating charges
-€19,884
Other operating items
+€615,258
Financial income
-€6,218
Financial charges
-€28,635
Taxes
+€19,278
Result 2025
€338,974
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.
From operations
-€320,610
Investment
-€25,104
Financing
+€236,111
Cash 2024
€342,731
From operations (derived)
-€320,610
Net result for the year
+€338,974
Depreciation
+€9,480
Stocks and contracts
-€180,682
Receivables within one year
+€411,123
Deferred charges and accrued income
-€31,287
Trade debts
-€883,906
Tax, wage and social debts
-€37,174
Accrued charges and deferred income
+€52,861
Investment (derived)
-€25,104
Investment in fixed assets (net)
-€25,104
Financing
+€236,111
Short-term financial debts
+€236,111
Cash 2025
€233,128
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,727,005 | €9,433,872 | -€293,134 | -3.0% |
| Fixed assets | 21/28 | €58,785 | €74,409 | +€15,624 | +26.6% |
| Intangible fixed assets | 21 | €4,818 | €0 | -€4,818 | -100.0% |
| Tangible fixed assets | 22/27 | €13,710 | €15,092 | +€1,382 | +10.1% |
| Furniture and vehicles | 24 | €13,710 | €15,092 | +€1,382 | +10.1% |
| Financial fixed assets | 28 | €40,257 | €59,317 | +€19,061 | +47.3% |
| Other financial fixed assets | 284/8 | €40,257 | €59,317 | +€19,061 | +47.3% |
| Amounts receivable and cash guarantees | 285/8 | €40,257 | €59,317 | +€19,061 | +47.3% |
| Current assets | 29/58 | €9,668,220 | €9,359,462 | -€308,757 | -3.2% |
| Stocks and contracts in progress | 3 | €5,590,302 | €5,770,984 | +€180,682 | +3.2% |
| Stocks | 30/36 | €5,590,302 | €5,770,984 | +€180,682 | +3.2% |
| Raw materials and consumables | 30/31 | €337,829 | €297,024 | -€40,805 | -12.1% |
| Work in progress | 32 | €558,355 | €648,741 | +€90,385 | +16.2% |
| Finished goods | 33 | €458,797 | €419,188 | -€39,609 | -8.6% |
| Goods purchased for resale | 34 | €4,235,321 | €4,406,031 | +€170,710 | +4.0% |
| Amounts receivable within one year | 40/41 | €3,720,573 | €3,309,450 | -€411,123 | -11.1% |
| Trade receivables | 40 | €3,661,197 | €3,211,694 | -€449,502 | -12.3% |
| Other amounts receivable | 41 | €59,377 | €97,756 | +€38,379 | +64.6% |
| Cash at bank and in hand | 54/58 | €342,731 | €233,128 | -€109,603 | -32.0% |
| Deferred charges and accrued income | 490/1 | €14,614 | €45,901 | +€31,287 | +214.1% |
| Total equity and liabilities | 10/49 | €9,727,005 | €9,433,872 | -€293,134 | -3.0% |
| Equity | 10/15 | €4,758,482 | €5,097,456 | +€338,974 | +7.1% |
| Contributions | 10/11 | €644,605 | €644,605 | = | 0.0% |
| Reserves | 13 | €413,212 | €413,212 | = | 0.0% |
| Tax-exempt reserves | 132 | €347,288 | €347,288 | = | 0.0% |
| Distributable reserves | 133 | €65,924 | €65,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,700,664 | €4,039,639 | +€338,974 | +9.2% |
| Amounts payable | 17/49 | €4,968,523 | €4,336,416 | -€632,108 | -12.7% |
| Amounts payable within one year | 42/48 | €4,876,924 | €4,191,955 | -€684,969 | -14.0% |
| Financial debts | 43 | €1,426,162 | €1,662,273 | +€236,111 | +16.6% |
| Other loans | 439 | €1,426,162 | €1,662,273 | +€236,111 | +16.6% |
| Trade debts | 44 | €3,325,102 | €2,441,195 | -€883,906 | -26.6% |
| Suppliers | 440/4 | €3,325,102 | €2,441,195 | -€883,906 | -26.6% |
| Taxes, remuneration and social security | 45 | €125,661 | €88,487 | -€37,174 | -29.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €125,661 | €88,487 | -€37,174 | -29.6% |
| Accrued charges and deferred income | 492/3 | €91,599 | €144,460 | +€52,861 | +57.7% |
| Operating income | 70/76A | €12,527,720 | €13,436,933 | +€909,213 | +7.3% |
| Turnover | 70 | €11,349,626 | €11,639,409 | +€289,782 | +2.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,178,094 | €1,793,352 | +€615,258 | +52.2% |
| Other operating income | 74 | €0 | €4,172 | +€4,172 | |
| Operating charges | 60/66A | €11,871,768 | €12,836,940 | +€965,173 | +8.1% |
| Goods for resale, raw materials and consumables | 60 | €8,382,655 | €9,394,845 | +€1.0m | +12.1% |
| Purchases | 600/8 | €7,635,940 | €7,930,327 | +€294,387 | +3.9% |
| Change in stocks: decrease (increase) | 609 | €746,715 | €1,464,518 | +€717,802 | +96.1% |
| Services and other goods | 61 | €2,479,289 | €2,509,775 | +€30,486 | +1.2% |
| Remuneration, social security and pensions | 62 | €952,524 | €733,308 | -€219,216 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,889 | €9,480 | -€8,408 | -47.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,269 | €164,507 | +€130,237 | +380.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €5,142 | €25,026 | +€19,884 | +386.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €655,953 | €599,993 | -€55,960 | -8.5% |
| Financial income | 75/76B | €34,999 | €28,781 | -€6,218 | -17.8% |
| Recurring financial income | 75 | €34,999 | €28,781 | -€6,218 | -17.8% |
| Other financial income | 752/9 | €34,999 | €28,781 | -€6,218 | -17.8% |
| Financial charges | 65/66B | €134,248 | €162,883 | +€28,635 | +21.3% |
| Recurring financial charges | 65 | €134,248 | €162,883 | +€28,635 | +21.3% |
| Debt charges | 650 | €112,351 | €76,604 | -€35,747 | -31.8% |
| Other financial charges | 652/9 | €21,897 | €86,279 | +€64,382 | +294.0% |
| Profit (loss) for the period before taxes | 9903 | €556,704 | €465,891 | -€90,813 | -16.3% |
| Income taxes | 67/77 | €146,194 | €126,917 | -€19,278 | -13.2% |
| Taxes | 670/3 | €146,331 | €126,917 | -€19,414 | -13.3% |
| Tax adjustments and reversals of tax provisions | 77 | €136 | €0 | -€136 | -100.0% |
| Profit (loss) for the period | 9904 | €410,510 | €338,974 | -€71,535 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €410,510 | €338,974 | -€71,535 | -17.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.