TEX ALLIANCE: 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
TEX ALLIANCE
NACE 46.450, Wholesale of perfume and cosmetics
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€225,720
2024 · €122,238+€103,482
Equity
€3.9m
2024 · €3.7m+€225,720
Cash
€78,960
2024 · €337,389-€258,429
Balance sheet total
€6.5m
2024 · €10.2m-€3.7m
Largest movements
Assets
- Receivables within one year -€2.7m
down €2.7m (-36.1%), from €7.6m to €4.9m
of which Trade receivables: -€2.2m
- Stocks and contracts -€354,525
down €354,525 (-50.4%), from €703,387 to €348,861
- Cash -€258,429
down €258,429 (-76.6%), from €337,389 to €78,960
mainly Short-term financial debts (-€3.7m) and Other debts (-€680,915)
- Financial fixed assets -€142,722
down €142,722 (-14.7%), from €968,875 to €826,153
of which Companies linked by participating interests: -€150,000
- Deferred charges and accrued income -€132,862
down €132,862 (-98.7%), from €134,587 to €1,725
Equity and liabilities
- Short-term financial debts -€3.7m
down €3.7m (-86.9%), from €4.2m to €551,049
of which Credit institutions: -€4.2m
- Other debts -€680,915
down €680,915 (-73.2%), from €930,000 to €249,085
- Trade debts +€478,963
up €478,963 (+38.1%), from €1.3m to €1.7m
- Reserves +€225,720
up €225,720 (+6.4%), from €3.5m to €3.8m
of which Distributable reserves: +€225,720
Income statement
- Goods and materials -€7.6m
down €7.6m (-32.4%), from €23.6m to €16.0m
of which Purchases: -€7.8m
- Turnover -€5.7m
down €5.7m (-24.8%), from €23.0m to €17.3m
- Financial income -€2.2m
down €2.2m (-75.5%), from €3.0m to €722,692
- Services and other goods -€304,081
down €304,081 (-24.8%), from €1.2m to €920,217
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
€122,238
Turnover
-€5.7m
Other operating income
-€1,771
Goods and materials
+€7.6m
Services and other goods
+€304,081
Staff costs
+€102,412
Depreciation
+€21,202
Write-downs
+€18,101
Other operating charges
-€144,055
Other operating items
+€20,068
Financial income
-€2.2m
Financial charges
+€62,350
Taxes
-€119
Result 2025
€225,720
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
+€3.3m
Investment
+€143,945
Financing
-€3.7m
Cash 2024
€337,389
From operations (derived)
+€3.3m
Net result for the year
+€225,720
Depreciation
+€59,382
Stocks and contracts
+€354,525
Receivables within one year
+€2.7m
Deferred charges and accrued income
+€132,862
Trade debts
+€478,963
Tax, wage and social debts
-€22,654
Other debts
-€680,915
Accrued charges and deferred income
-€36,842
Investment (derived)
+€143,945
Investment in fixed assets (net)
+€143,945
Financing
-€3.7m
Short-term financial debts
-€3.7m
Cash 2025
€78,960
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,168,182 | €6,476,890 | -€3.7m | -36.3% |
| Fixed assets | 21/28 | €1,089,058 | €885,731 | -€203,327 | -18.7% |
| Intangible fixed assets | 21 | €105,760 | €59,578 | -€46,182 | -43.7% |
| Tangible fixed assets | 22/27 | €14,423 | - | -€14,423 | |
| Furniture and vehicles | 24 | €11,923 | - | -€11,923 | |
| Assets under construction and advance payments | 27 | €2,500 | - | -€2,500 | |
| Financial fixed assets | 28 | €968,875 | €826,153 | -€142,722 | -14.7% |
| Affiliated companies | 280/1 | €264,900 | €264,900 | = | 0.0% |
| Participating interests | 280 | €264,900 | €264,900 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €700,000 | €550,000 | -€150,000 | -21.4% |
| Participating interests | 282 | €700,000 | €550,000 | -€150,000 | -21.4% |
| Other financial fixed assets | 284/8 | €3,975 | €11,253 | +€7,278 | +183% |
| Amounts receivable and cash guarantees | 285/8 | €3,975 | €11,253 | +€7,278 | +183% |
| Current assets | 29/58 | €9,079,124 | €5,591,159 | -€3.5m | -38.4% |
| Stocks and contracts in progress | 3 | €703,387 | €348,861 | -€354,525 | -50.4% |
| Stocks | 30/36 | €703,387 | €348,861 | -€354,525 | -50.4% |
| Goods purchased for resale | 34 | €703,387 | €348,861 | -€354,525 | -50.4% |
| Amounts receivable within one year | 40/41 | €7,595,261 | €4,853,112 | -€2.7m | -36.1% |
| Trade receivables | 40 | €6,242,852 | €4,066,839 | -€2.2m | -34.9% |
| Other amounts receivable | 41 | €1,352,409 | €786,273 | -€566,137 | -41.9% |
| Current investments | 50/53 | €308,500 | €308,500 | = | 0.0% |
| Own shares | 50 | €308,500 | €308,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €337,389 | €78,960 | -€258,429 | -76.6% |
| Deferred charges and accrued income | 490/1 | €134,587 | €1,725 | -€132,862 | -98.7% |
| Total equity and liabilities | 10/49 | €10,168,182 | €6,476,890 | -€3.7m | -36.3% |
| Equity | 10/15 | €3,687,909 | €3,913,629 | +€225,720 | +6.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €3,537,909 | €3,763,629 | +€225,720 | +6.4% |
| Non-distributable reserves | 130/1 | €323,500 | €323,500 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Own shares acquired | 1312 | €308,500 | €308,500 | = | 0.0% |
| Distributable reserves | 133 | €3,214,409 | €3,440,129 | +€225,720 | +7.0% |
| Amounts payable | 17/49 | €6,480,274 | €2,563,261 | -€3.9m | -60.4% |
| Amounts payable within one year | 42/48 | €6,443,432 | €2,563,261 | -€3.9m | -60.2% |
| Financial debts | 43 | €4,206,613 | €551,049 | -€3.7m | -86.9% |
| Credit institutions | 430/8 | €4,206,613 | - | -€4.2m | |
| Other loans | 439 | - | €551,049 | +€551,049 | |
| Trade debts | 44 | €1,258,470 | €1,737,433 | +€478,963 | +38.1% |
| Suppliers | 440/4 | €1,258,470 | €1,737,433 | +€478,963 | +38.1% |
| Taxes, remuneration and social security | 45 | €48,348 | €25,694 | -€22,654 | -46.9% |
| Taxes | 450/3 | €716 | €527 | -€189 | -26.4% |
| Remuneration and social security | 454/9 | €47,632 | €25,167 | -€22,465 | -47.2% |
| Other amounts payable | 47/48 | €930,000 | €249,085 | -€680,915 | -73.2% |
| Accrued charges and deferred income | 492/3 | €36,842 | - | -€36,842 | |
| Operating income | 70/76A | €23,009,692 | €17,308,447 | -€5.7m | -24.8% |
| Turnover | 70 | €23,002,981 | €17,303,507 | -€5.7m | -24.8% |
| Other operating income | 74 | €6,711 | €4,940 | -€1,771 | -26.4% |
| Operating charges | 60/66A | €25,375,842 | €17,405,309 | -€8.0m | -31.4% |
| Goods for resale, raw materials and consumables | 60 | €23,630,077 | €15,981,355 | -€7.6m | -32.4% |
| Purchases | 600/8 | €23,412,687 | €15,643,181 | -€7.8m | -33.2% |
| Change in stocks: decrease (increase) | 609 | €217,390 | €338,174 | +€120,784 | +55.6% |
| Services and other goods | 61 | €1,224,299 | €920,217 | -€304,081 | -24.8% |
| Remuneration, social security and pensions | 62 | €353,427 | €251,016 | -€102,412 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,584 | €59,382 | -€21,202 | -26.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,452 | €16,351 | -€18,101 | -52.5% |
| Other operating charges | 640/8 | €32,934 | €176,989 | +€144,055 | +437% |
| Non-recurring operating charges | 66A | €20,068 | - | -€20,068 | |
| Operating profit (loss) | 9901 | -€2,366,150 | -€96,862 | +€2.3m | +95.9% |
| Financial income | 75/76B | €2,950,727 | €722,692 | -€2.2m | -75.5% |
| Recurring financial income | 75 | €2,950,727 | €722,692 | -€2.2m | -75.5% |
| Income from financial fixed assets | 750 | €1,466,583 | €347,049 | -€1.1m | -76.3% |
| Income from current assets | 751 | €33,346 | €29,640 | -€3,706 | -11.1% |
| Other financial income | 752/9 | €1,450,798 | €346,003 | -€1.1m | -76.2% |
| Financial charges | 65/66B | €461,623 | €399,273 | -€62,350 | -13.5% |
| Recurring financial charges | 65 | €461,623 | €397,118 | -€64,505 | -14.0% |
| Debt charges | 650 | €411,447 | €154,098 | -€257,348 | -62.5% |
| Other financial charges | 652/9 | €50,176 | €243,020 | +€192,844 | +384% |
| Non-recurring financial charges | 66B | - | €2,155 | +€2,155 | |
| Profit (loss) for the period before taxes | 9903 | €122,954 | €226,556 | +€103,602 | +84.3% |
| Income taxes | 67/77 | €716 | €836 | +€119 | +16.7% |
| Taxes | 670/3 | €716 | €1,668 | +€952 | +133% |
| Tax adjustments and reversals of tax provisions | 77 | - | €832 | +€832 | |
| Profit (loss) for the period | 9904 | €122,238 | €225,720 | +€103,482 | +84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,238 | €225,720 | +€103,482 | +84.7% |
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 21 October 2026 via checked.be.