TEXANDREA: 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.
TEXANDREA
Largest movements
- Tangible fixed assets +€372,256
up €372,256 (+213%), from €174,876 to €547,132
of which Land and buildings: +€374,931
- Cash +€59,993
up €59,993 (+30.5%), from €196,987 to €256,980
mainly Contributions, distributions and other (+€380,227) and Debts after one year (+€150,000)
- Revaluation surpluses +€380,227
new in 2025: €380,227
- Other debts -€155,541
down €155,541 (-59.2%), from €262,587 to €107,046
- Debts after one year +€150,000
new in 2025: €150,000
- Reserves +€40,371
up €40,371 (+8.5%), from €473,192 to €513,563
of which Distributable reserves: +€40,371
- Gross operating margin -€7,973
down €7,973 (-11.4%), from €70,079 to €62,106
- Taxes -€3,078
down €3,078 (-13.7%), from €22,438 to €19,360
- Staff costs +€1,662
new in 2025: €1,662
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 | €920,924 | €1,342,121 | +€421,196 | +45.7% |
| Fixed assets | 21/28 | €174,876 | €547,132 | +€372,256 | +213% |
| Tangible fixed assets | 22/27 | €174,876 | €547,132 | +€372,256 | +213% |
| Land and buildings | 22 | €137,569 | €512,500 | +€374,931 | +273% |
| Plant, machinery and equipment | 23 | €36,663 | €33,461 | -€3,202 | -8.7% |
| Furniture and vehicles | 24 | €644 | €1,171 | +€527 | +81.9% |
| Current assets | 29/58 | €746,048 | €794,988 | +€48,940 | +6.6% |
| Stocks and contracts in progress | 3 | €545,052 | €533,633 | -€11,419 | -2.1% |
| Stocks | 30/36 | €545,052 | €533,633 | -€11,419 | -2.1% |
| Amounts receivable within one year | 40/41 | €400 | €1,073 | +€673 | +168% |
| Trade receivables | 40 | €400 | €1,073 | +€673 | +168% |
| Cash at bank and in hand | 54/58 | €196,987 | €256,980 | +€59,993 | +30.5% |
| Deferred charges and accrued income | 490/1 | €3,609 | €3,302 | -€307 | -8.5% |
| Total equity and liabilities | 10/49 | €920,924 | €1,342,121 | +€421,196 | +45.7% |
| Equity | 10/15 | €643,192 | €1,063,790 | +€420,598 | +65.4% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Capital | 10 | €170,000 | €170,000 | = | 0.0% |
| Issued capital | 100 | €170,000 | €170,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €380,227 | +€380,227 | |
| Reserves | 13 | €473,192 | €513,563 | +€40,371 | +8.5% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €456,192 | €496,563 | +€40,371 | +8.8% |
| Amounts payable | 17/49 | €277,732 | €278,331 | +€599 | +0.2% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €277,732 | €128,331 | -€149,401 | -53.8% |
| Trade debts | 44 | €3,329 | €1,143 | -€2,186 | -65.7% |
| Suppliers | 440/4 | €3,329 | €1,143 | -€2,186 | -65.7% |
| Taxes, remuneration and social security | 45 | €11,816 | €20,142 | +€8,326 | +70.5% |
| Taxes | 450/3 | €11,816 | €15,026 | +€3,210 | +27.2% |
| Remuneration and social security | 454/9 | - | €5,116 | +€5,116 | |
| Other amounts payable | 47/48 | €262,587 | €107,046 | -€155,541 | -59.2% |
| Remuneration, social security and pensions | 62 | - | €1,662 | +€1,662 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,844 | €8,771 | -€73 | -0.8% |
| Other operating charges | 640/8 | €2,892 | €2,930 | +€39 | +1.3% |
| Gross operating margin | 9900 | €70,079 | €62,106 | -€7,973 | -11.4% |
| Operating profit (loss) | 9901 | €58,343 | €48,742 | -€9,601 | -16.5% |
| Financial income | 75/76B | €11,584 | €11,195 | -€389 | -3.4% |
| Recurring financial income | 75 | €11,584 | €11,195 | -€389 | -3.4% |
| Financial charges | 65/66B | €367 | €207 | -€161 | -43.7% |
| Recurring financial charges | 65 | €367 | €207 | -€161 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €69,560 | €59,730 | -€9,830 | -14.1% |
| Income taxes | 67/77 | €22,438 | €19,360 | -€3,078 | -13.7% |
| Profit (loss) for the period | 9904 | €47,123 | €40,371 | -€6,752 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,123 | €40,371 | -€6,752 | -14.3% |
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 25 October 2026 via checked.be.