TEX SOLUTIONS: 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.
TEX SOLUTIONS
Largest movements
- Financial fixed assets +€613,302
up €613,302 (+817736.0%), from €75 to €613,377
- Current investments -€139,587
down €139,587 (-20.2%), from €689,500 to €549,913
- Cash -€64,894
down €64,894 (-72.9%), from €88,978 to €24,083
mainly Investment in fixed assets (net) (-€626,451) and Other debts (-€181,264)
- Tangible fixed assets -€58,370
down €58,370 (-5.5%), from €1.1m to €1.0m
of which Land and buildings: -€55,072
- Receivables within one year -€49,787
down €49,787 (-77.3%), from €64,382 to €14,595
of which Trade receivables: -€36,125
- Profit (loss) carried forward +€193,424
up €193,424 (+51.2%), from €378,140 to €571,564
- Other debts -€181,264
down €181,264 (-49.7%), from €364,389 to €183,125
- Debts after one year +€169,639
up €169,639 (+19.7%), from €861,828 to €1.0m
- Current portion of long-term debt +€53,876
up €53,876 (+61.0%), from €88,283 to €142,159
- Short-term financial debts +€25,236
new in 2025: €25,236
- Gross operating margin -€256,768
down €256,768 (-42.8%), from €599,859 to €343,091
- Taxes -€67,460
down €67,460 (-50.7%), from €132,981 to €65,520
- Financial income +€18,495
up €18,495 (+49.1%), from €37,661 to €56,155
- Financial charges +€11,874
up €11,874 (+25.4%), from €46,726 to €58,600
- Depreciation +€6,691
up €6,691 (+10.3%), from €64,828 to €71,519
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 | €1,905,388 | €2,206,053 | +€300,665 | +15.8% |
| Fixed assets | 21/28 | €1,062,529 | €1,617,462 | +€554,932 | +52.2% |
| Tangible fixed assets | 22/27 | €1,062,454 | €1,004,085 | -€58,370 | -5.5% |
| Land and buildings | 22 | €1,058,126 | €1,003,054 | -€55,072 | -5.2% |
| Furniture and vehicles | 24 | €4,328 | €1,030 | -€3,298 | -76.2% |
| Financial fixed assets | 28 | €75 | €613,377 | +€613,302 | +817736.0% |
| Current assets | 29/58 | €842,859 | €588,591 | -€254,268 | -30.2% |
| Amounts receivable within one year | 40/41 | €64,382 | €14,595 | -€49,787 | -77.3% |
| Trade receivables | 40 | €36,125 | €0 | -€36,125 | -100.0% |
| Other amounts receivable | 41 | €28,257 | €14,595 | -€13,661 | -48.3% |
| Current investments | 50/53 | €689,500 | €549,913 | -€139,587 | -20.2% |
| Cash at bank and in hand | 54/58 | €88,978 | €24,083 | -€64,894 | -72.9% |
| Total equity and liabilities | 10/49 | €1,905,388 | €2,206,053 | +€300,665 | +15.8% |
| Equity | 10/15 | €543,426 | €736,850 | +€193,424 | +35.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,686 | €146,686 | = | 0.0% |
| Distributable reserves | 133 | €146,686 | €146,686 | = | 0.0% |
| Profit (loss) carried forward | 14 | €378,140 | €571,564 | +€193,424 | +51.2% |
| Amounts payable | 17/49 | €1,361,962 | €1,469,203 | +€107,240 | +7.9% |
| Amounts payable after more than one year | 17 | €861,828 | €1,031,468 | +€169,639 | +19.7% |
| Financial debts | 170/4 | €861,828 | €1,031,468 | +€169,639 | +19.7% |
| Amounts payable within one year | 42/48 | €484,115 | €410,261 | -€73,854 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €88,283 | €142,159 | +€53,876 | +61.0% |
| Financial debts | 43 | - | €25,236 | +€25,236 | |
| Other loans | 439 | - | €25,236 | +€25,236 | |
| Trade debts | 44 | €31,281 | €52,032 | +€20,751 | +66.3% |
| Suppliers | 440/4 | €31,281 | €52,032 | +€20,751 | +66.3% |
| Taxes, remuneration and social security | 45 | €163 | €7,709 | +€7,546 | +4632.9% |
| Taxes | 450/3 | €163 | €7,709 | +€7,546 | +4632.9% |
| Other amounts payable | 47/48 | €364,389 | €183,125 | -€181,264 | -49.7% |
| Accrued charges and deferred income | 492/3 | €16,019 | €27,474 | +€11,455 | +71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,828 | €71,519 | +€6,691 | +10.3% |
| Other operating charges | 640/8 | €4,693 | €10,183 | +€5,490 | +117.0% |
| Gross operating margin | 9900 | €599,859 | €343,091 | -€256,768 | -42.8% |
| Operating profit (loss) | 9901 | €530,338 | €261,389 | -€268,949 | -50.7% |
| Financial income | 75/76B | €37,661 | €56,155 | +€18,495 | +49.1% |
| Recurring financial income | 75 | €37,661 | €56,155 | +€18,495 | +49.1% |
| Financial charges | 65/66B | €46,726 | €58,600 | +€11,874 | +25.4% |
| Recurring financial charges | 65 | €46,726 | €58,600 | +€11,874 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €521,272 | €258,945 | -€262,328 | -50.3% |
| Income taxes | 67/77 | €132,981 | €65,520 | -€67,460 | -50.7% |
| Profit (loss) for the period | 9904 | €388,292 | €193,424 | -€194,867 | -50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €388,292 | €193,424 | -€194,867 | -50.2% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.