TEXANEL: what changed
Two fiscal 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.
TEXANEL
Largest movements
- Receivables within one year -€464,526
down €464,526 (-43.7%), from €1.1m to €599,449
of which Trade receivables: -€465,929
- Stocks and contracts +€359,507
up €359,507 (+8.5%), from €4.2m to €4.6m
- Cash +€231,665
up €231,665 (+58.8%), from €393,679 to €625,344
mainly Receivables within one year (+€464,526) and Depreciation (+€276,044)
- Tangible fixed assets -€166,218
down €166,218 (-32.5%), from €511,040 to €344,823
of which Plant, machinery and equipment: -€118,414
- Other debts -€150,117
down €150,117 (-9.3%), from €1.6m to €1.5m
- Gross operating margin +€327,919
up €327,919 (+41.6%), from €789,175 to €1.1m
- Taxes -€41,730
down €41,730, from €30,310 to -€11,420
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 | €6,312,795 | €6,215,756 | -€97,039 | -1.5% |
| Fixed assets | 21/28 | €627,904 | €402,199 | -€225,705 | -35.9% |
| Intangible fixed assets | 21 | €114,427 | €54,939 | -€59,487 | -52.0% |
| Tangible fixed assets | 22/27 | €511,040 | €344,823 | -€166,218 | -32.5% |
| Plant, machinery and equipment | 23 | €458,134 | €339,721 | -€118,414 | -25.8% |
| Furniture and vehicles | 24 | €52,906 | €5,102 | -€47,804 | -90.4% |
| Financial fixed assets | 28 | €2,437 | €2,437 | = | 0.0% |
| Current assets | 29/58 | €5,684,891 | €5,813,557 | +€128,666 | +2.3% |
| Stocks and contracts in progress | 3 | €4,227,237 | €4,586,744 | +€359,507 | +8.5% |
| Stocks | 30/36 | €4,227,237 | €4,586,744 | +€359,507 | +8.5% |
| Amounts receivable within one year | 40/41 | €1,063,975 | €599,449 | -€464,526 | -43.7% |
| Trade receivables | 40 | €1,063,975 | €598,047 | -€465,929 | -43.8% |
| Other amounts receivable | 41 | - | €1,402 | +€1,402 | |
| Cash at bank and in hand | 54/58 | €393,679 | €625,344 | +€231,665 | +58.8% |
| Deferred charges and accrued income | 490/1 | - | €2,021 | +€2,021 | |
| Total equity and liabilities | 10/49 | €6,312,795 | €6,215,756 | -€97,039 | -1.5% |
| Equity | 10/15 | €4,116,628 | €4,171,528 | +€54,900 | +1.3% |
| Contributions | 10/11 | €674,000 | €674,000 | = | 0.0% |
| Capital | 10 | €674,000 | €674,000 | = | 0.0% |
| Issued capital | 100 | €674,000 | €674,000 | = | 0.0% |
| Reserves | 13 | €70,898 | €70,898 | = | 0.0% |
| Non-distributable reserves | 130/1 | €67,427 | €67,427 | = | 0.0% |
| Legal reserve | 130 | €67,427 | €67,427 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,471 | €3,471 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,371,730 | €3,426,630 | +€54,900 | +1.6% |
| Amounts payable | 17/49 | €2,196,168 | €2,044,228 | -€151,939 | -6.9% |
| Amounts payable within one year | 42/48 | €2,196,168 | €2,044,228 | -€151,939 | -6.9% |
| Trade debts | 44 | €432,365 | €404,383 | -€27,982 | -6.5% |
| Suppliers | 440/4 | €432,365 | €404,383 | -€27,982 | -6.5% |
| Taxes, remuneration and social security | 45 | €151,324 | €177,483 | +€26,160 | +17.3% |
| Taxes | 450/3 | €86,775 | €104,384 | +€17,610 | +20.3% |
| Remuneration and social security | 454/9 | €64,549 | €73,099 | +€8,550 | +13.2% |
| Other amounts payable | 47/48 | €1,612,479 | €1,462,362 | -€150,117 | -9.3% |
| Non-recurring operating income | 76A | €3,801 | €18,294 | +€14,493 | +381.3% |
| Remuneration, social security and pensions | 62 | €730,814 | €732,261 | +€1,446 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €274,870 | €276,044 | +€1,173 | +0.4% |
| Other operating charges | 640/8 | €16,768 | €13,491 | -€3,278 | -19.5% |
| Non-recurring operating charges | 66A | - | €210 | +€210 | |
| Gross operating margin | 9900 | €789,175 | €1,117,094 | +€327,919 | +41.6% |
| Operating profit (loss) | 9901 | -€233,278 | €95,089 | +€328,367 | |
| Financial income | 75/76B | €936 | €838 | -€99 | -10.5% |
| Recurring financial income | 75 | €936 | €838 | -€99 | -10.5% |
| Financial charges | 65/66B | €2,484 | €2,446 | -€38 | -1.5% |
| Recurring financial charges | 65 | €2,484 | €2,446 | -€38 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€234,826 | €93,480 | +€328,306 | |
| Income taxes | 67/77 | €30,310 | -€11,420 | -€41,730 | |
| Profit (loss) for the period | 9904 | -€265,136 | €104,900 | +€370,036 | |
| Profit (loss) for the period to be appropriated | 9905 | -€265,136 | €104,900 | +€370,036 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.