TEXAFE: 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.
TEXAFE
Largest movements
- Cash +€22,398
up €22,398 (+15.5%), from €144,928 to €167,326
mainly Receivables within one year (+€18,856) and Net result for the year (+€14,211)
- Receivables within one year -€18,856
down €18,856 (-70.0%), from €26,939 to €8,083
of which Trade receivables: -€21,200
- Current investments +€4,127
up €4,127 (+8.4%), from €49,355 to €53,482
- Reserves +€14,211
up €14,211 (+16.5%), from €86,311 to €100,522
- Tax, wage and social debts -€5,879
no longer reported in 2025 (was €5,879)
- Gross operating margin -€8,792
down €8,792 (-30.7%), from €28,609 to €19,817
- Financial income -€5,849
down €5,849 (-51.6%), from €11,338 to €5,489
- Taxes -€5,179
down €5,179 (-47.6%), from €10,878 to €5,699
- Financial charges +€3,440
up €3,440 (+574%), from €600 to €4,040
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,921 | €243,091 | +€7,170 | +3.0% |
| Fixed assets | 21/28 | €2,446 | €1,459 | -€987 | -40.3% |
| Tangible fixed assets | 22/27 | €2,446 | €1,459 | -€987 | -40.3% |
| Furniture and vehicles | 24 | €2,446 | €1,459 | -€987 | -40.3% |
| Current assets | 29/58 | €233,475 | €241,631 | +€8,157 | +3.5% |
| Amounts receivable within one year | 40/41 | €26,939 | €8,083 | -€18,856 | -70.0% |
| Trade receivables | 40 | €26,119 | €4,920 | -€21,200 | -81.2% |
| Other amounts receivable | 41 | €820 | €3,163 | +€2,343 | +286% |
| Current investments | 50/53 | €49,355 | €53,482 | +€4,127 | +8.4% |
| Cash at bank and in hand | 54/58 | €144,928 | €167,326 | +€22,398 | +15.5% |
| Deferred charges and accrued income | 490/1 | €12,253 | €12,741 | +€488 | +4.0% |
| Total equity and liabilities | 10/49 | €235,921 | €243,091 | +€7,170 | +3.0% |
| Equity | 10/15 | €225,220 | €239,431 | +€14,211 | +6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €86,311 | €100,522 | +€14,211 | +16.5% |
| Distributable reserves | 133 | €86,311 | €100,522 | +€14,211 | +16.5% |
| Profit (loss) carried forward | 14 | €132,708 | €132,708 | = | 0.0% |
| Amounts payable | 17/49 | €10,701 | €3,660 | -€7,041 | -65.8% |
| Amounts payable within one year | 42/48 | €10,701 | €3,260 | -€7,441 | -69.5% |
| Trade debts | 44 | €1,993 | €492 | -€1,501 | -75.3% |
| Suppliers | 440/4 | €1,993 | €492 | -€1,501 | -75.3% |
| Taxes, remuneration and social security | 45 | €5,879 | - | -€5,879 | |
| Taxes | 450/3 | €5,879 | - | -€5,879 | |
| Other amounts payable | 47/48 | €2,829 | €2,768 | -€61 | -2.2% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,192 | €1,356 | +€165 | +13.8% |
| Other operating charges | 640/8 | €193 | - | -€193 | |
| Gross operating margin | 9900 | €28,609 | €19,817 | -€8,792 | -30.7% |
| Operating profit (loss) | 9901 | €27,224 | €18,461 | -€8,764 | -32.2% |
| Financial income | 75/76B | €11,338 | €5,489 | -€5,849 | -51.6% |
| Recurring financial income | 75 | €11,338 | €5,489 | -€5,849 | -51.6% |
| Financial charges | 65/66B | €600 | €4,040 | +€3,440 | +574% |
| Recurring financial charges | 65 | €600 | €4,040 | +€3,440 | +574% |
| Profit (loss) for the period before taxes | 9903 | €37,963 | €19,910 | -€18,053 | -47.6% |
| Income taxes | 67/77 | €10,878 | €5,699 | -€5,179 | -47.6% |
| Profit (loss) for the period | 9904 | €27,084 | €14,211 | -€12,873 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,084 | €14,211 | -€12,873 | -47.5% |
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.