SWEETEE TEXTILES: 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
SWEETEE TEXTILES
NACE 13.921, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,225
2024 · €1,434+€8,791
Equity
€314,871
2024 · €304,646+€10,225
Cash
€59,561
2024 · €46,255+€13,306
Balance sheet total
€2.1m
2024 · €2.1m-€51,847
Largest movements
Assets
- Tangible fixed assets -€40,264
down €40,264 (-24.3%), from €165,549 to €125,285
of which Plant, machinery and equipment: -€27,617
Equity and liabilities
- Other debts -€31,058
down €31,058 (-7.9%), from €395,097 to €364,039
- Current portion of long-term debt -€23,822
down €23,822 (-33.6%), from €71,003 to €47,181
Income statement
- Staff costs -€20,988
down €20,988 (-14.5%), from €144,408 to €123,420
- Gross operating margin -€17,592
down €17,592 (-6.6%), from €265,761 to €248,169
- Financial charges -€6,600
down €6,600 (-9.5%), from €69,591 to €62,991
- Taxes +€3,417
up €3,417 (+69.2%), from €4,941 to €8,358
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
€1,434
Gross operating margin
-€17,592
Staff costs
+€20,988
Depreciation
+€141
Other operating charges
+€1,109
Financial income
+€962
Financial charges
+€6,600
Taxes
-€3,417
Result 2025
€10,225
raises the resultlowers the result
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
+€46,608
Investment
€0
Financing
-€33,303
Cash 2024
€46,255
From operations (derived)
+€46,608
Net result for the year
+€10,225
Depreciation
+€40,264
Stocks and contracts
-€1,780
Receivables within one year
+€20,167
Deferred charges and accrued income
+€6,502
Trade debts
+€11,608
Tax, wage and social debts
-€9,319
Other debts
-€31,058
Financing
-€33,303
Debts after one year
-€9,481
Current portion of long-term debt
-€23,822
Cash 2025
€59,561
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,102,360 | €2,050,513 | -€51,847 | -2.5% |
| Fixed assets | 21/28 | €1,815,549 | €1,775,285 | -€40,264 | -2.2% |
| Tangible fixed assets | 22/27 | €165,549 | €125,285 | -€40,264 | -24.3% |
| Plant, machinery and equipment | 23 | €131,766 | €104,149 | -€27,617 | -21.0% |
| Furniture and vehicles | 24 | €33,783 | €21,136 | -€12,647 | -37.4% |
| Financial fixed assets | 28 | €1,650,000 | €1,650,000 | = | 0.0% |
| Current assets | 29/58 | €286,811 | €275,228 | -€11,583 | -4.0% |
| Stocks and contracts in progress | 3 | €144,130 | €145,910 | +€1,780 | +1.2% |
| Stocks | 30/36 | €144,130 | €145,910 | +€1,780 | +1.2% |
| Amounts receivable within one year | 40/41 | €86,426 | €66,259 | -€20,167 | -23.3% |
| Trade receivables | 40 | €86,252 | €66,259 | -€19,993 | -23.2% |
| Other amounts receivable | 41 | €174 | €0 | -€174 | -100% |
| Cash at bank and in hand | 54/58 | €46,255 | €59,561 | +€13,306 | +28.8% |
| Deferred charges and accrued income | 490/1 | €10,000 | €3,498 | -€6,502 | -65.0% |
| Total equity and liabilities | 10/49 | €2,102,360 | €2,050,513 | -€51,847 | -2.5% |
| Equity | 10/15 | €304,646 | €314,871 | +€10,225 | +3.4% |
| Contributions | 10/11 | €9,270 | €9,270 | = | 0.0% |
| Reserves | 13 | €295,376 | €305,601 | +€10,225 | +3.5% |
| Tax-exempt reserves | 132 | €30,250 | €30,250 | = | 0.0% |
| Distributable reserves | 133 | €265,126 | €275,351 | +€10,225 | +3.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,797,714 | €1,735,643 | -€62,072 | -3.5% |
| Amounts payable after more than one year | 17 | €1,288,347 | €1,278,866 | -€9,481 | -0.7% |
| Financial debts | 170/4 | €1,288,347 | €1,248,866 | -€39,481 | -3.1% |
| Other amounts payable | 178/9 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €509,368 | €456,776 | -€52,591 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €71,003 | €47,181 | -€23,822 | -33.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €15,839 | €27,447 | +€11,608 | +73.3% |
| Suppliers | 440/4 | €15,839 | €27,447 | +€11,608 | +73.3% |
| Taxes, remuneration and social security | 45 | €27,429 | €18,110 | -€9,319 | -34.0% |
| Taxes | 450/3 | €13,787 | €10,253 | -€3,534 | -25.6% |
| Remuneration and social security | 454/9 | €13,642 | €7,857 | -€5,785 | -42.4% |
| Other amounts payable | 47/48 | €395,097 | €364,039 | -€31,058 | -7.9% |
| Remuneration, social security and pensions | 62 | €144,408 | €123,420 | -€20,988 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,404 | €40,264 | -€141 | -0.3% |
| Other operating charges | 640/8 | €7,245 | €6,136 | -€1,109 | -15.3% |
| Gross operating margin | 9900 | €265,761 | €248,169 | -€17,592 | -6.6% |
| Operating profit (loss) | 9901 | €73,704 | €78,349 | +€4,646 | +6.3% |
| Financial income | 75/76B | €2,263 | €3,225 | +€962 | +42.5% |
| Recurring financial income | 75 | €2,263 | €3,225 | +€962 | +42.5% |
| Financial charges | 65/66B | €69,591 | €62,991 | -€6,600 | -9.5% |
| Recurring financial charges | 65 | €69,591 | €62,991 | -€6,600 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €6,375 | €18,583 | +€12,208 | +192% |
| Income taxes | 67/77 | €4,941 | €8,358 | +€3,417 | +69.2% |
| Profit (loss) for the period | 9904 | €1,434 | €10,225 | +€8,791 | +613% |
| Profit (loss) for the period to be appropriated | 9905 | €1,434 | €10,225 | +€8,791 | +613% |
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.