Tex.Vision: 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.Vision
Largest movements
- Intangible fixed assets +€39,352
up €39,352 (+562.1%), from €7,001 to €46,352
- Receivables within one year -€17,488
down €17,488 (-64.2%), from €27,249 to €9,762
of which Trade receivables: -€17,846
- Tangible fixed assets -€12,202
down €12,202 (-42.9%), from €28,427 to €16,225
of which Leasing and similar rights: -€10,250
- Stocks and contracts -€6,990
down €6,990 (-14.7%), from €47,637 to €40,646
- Cash +€4,915
up €4,915 (+68.1%), from €7,220 to €12,135
- Short-term financial debts +€22,291
new in 2025: €22,291
- Debts after one year -€11,419
no longer reported in 2025 (was €11,419)
- Tax, wage and social debts +€3,086
up €3,086, from €0 to €3,086
- Trade debts -€1,884
down €1,884 (-6.1%), from €30,931 to €29,047
- Current portion of long-term debt -€1,441
down €1,441 (-16.9%), from €8,550 to €7,109
- Financial charges +€4,111
up €4,111 (+1052.3%), from €391 to €4,501
- Taxes -€1,785
no longer reported in 2025 (was €1,785)
- Depreciation +€1,553
up €1,553 (+7.4%), from €21,113 to €22,666
- Financial income +€1,276
up €1,276 (+244.9%), from €521 to €1,797
- Gross operating margin -€1,195
down €1,195 (-4.2%), from €28,620 to €27,425
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,486 | €129,826 | +€11,340 | +9.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €35,427 | €62,577 | +€27,150 | +76.6% |
| Intangible fixed assets | 21 | €7,001 | €46,352 | +€39,352 | +562.1% |
| Tangible fixed assets | 22/27 | €28,427 | €16,225 | -€12,202 | -42.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €6,579 | €4,627 | -€1,952 | -29.7% |
| Leasing and similar rights | 25 | €21,848 | €11,598 | -€10,250 | -46.9% |
| Current assets | 29/58 | €83,059 | €67,248 | -€15,810 | -19.0% |
| Stocks and contracts in progress | 3 | €47,637 | €40,646 | -€6,990 | -14.7% |
| Stocks | 30/36 | €47,637 | €40,646 | -€6,990 | -14.7% |
| Amounts receivable within one year | 40/41 | €27,249 | €9,762 | -€17,488 | -64.2% |
| Trade receivables | 40 | €25,868 | €8,022 | -€17,846 | -69.0% |
| Other amounts receivable | 41 | €1,382 | €1,740 | +€358 | +25.9% |
| Cash at bank and in hand | 54/58 | €7,220 | €12,135 | +€4,915 | +68.1% |
| Deferred charges and accrued income | 490/1 | €953 | €4,705 | +€3,752 | +393.8% |
| Total equity and liabilities | 10/49 | €118,486 | €129,826 | +€11,340 | +9.6% |
| Equity | 10/15 | €67,586 | €68,292 | +€707 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,986 | €49,500 | +€514 | +1.0% |
| Distributable reserves | 133 | €48,986 | €49,500 | +€514 | +1.0% |
| Profit (loss) carried forward | 14 | - | €192 | +€192 | |
| Amounts payable | 17/49 | €50,900 | €61,534 | +€10,633 | +20.9% |
| Amounts payable after more than one year | 17 | €11,419 | - | -€11,419 | |
| Financial debts | 170/4 | €11,419 | - | -€11,419 | |
| Amounts payable within one year | 42/48 | €39,481 | €61,534 | +€22,053 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €8,550 | €7,109 | -€1,441 | -16.9% |
| Financial debts | 43 | - | €22,291 | +€22,291 | |
| Credit institutions | 430/8 | - | €22,291 | +€22,291 | |
| Trade debts | 44 | €30,931 | €29,047 | -€1,884 | -6.1% |
| Suppliers | 440/4 | €30,931 | €29,047 | -€1,884 | -6.1% |
| Taxes, remuneration and social security | 45 | €0 | €3,086 | +€3,086 | |
| Taxes | 450/3 | €0 | €3,086 | +€3,086 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,113 | €22,666 | +€1,553 | +7.4% |
| Other operating charges | 640/8 | €1,060 | €1,348 | +€288 | +27.1% |
| Gross operating margin | 9900 | €28,620 | €27,425 | -€1,195 | -4.2% |
| Operating profit (loss) | 9901 | €6,447 | €3,411 | -€3,036 | -47.1% |
| Financial income | 75/76B | €521 | €1,797 | +€1,276 | +244.9% |
| Recurring financial income | 75 | €521 | €1,797 | +€1,276 | +244.9% |
| Financial charges | 65/66B | €391 | €4,501 | +€4,111 | +1052.3% |
| Recurring financial charges | 65 | €391 | €4,501 | +€4,111 | +1052.3% |
| Profit (loss) for the period before taxes | 9903 | €6,577 | €707 | -€5,871 | -89.3% |
| Income taxes | 67/77 | €1,785 | - | -€1,785 | |
| Profit (loss) for the period | 9904 | €4,792 | €707 | -€4,086 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,792 | €707 | -€4,086 | -85.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.