TEXARDENT: 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.
What changed
TEXARDENT
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€268,688
2024 · -€210,672-€58,016
Equity
-€187,541
2024 · -€168,853-€18,688
Cash
€37,174
2024 · €26,666+€10,508
Balance sheet total
€1.1m
2024 · €1.3m-€134,398
Largest movements
Assets
- Receivables within one year -€70,172
down €70,172 (-13.0%), from €540,275 to €470,104
of which Trade receivables: -€76,335
- Deferred charges and accrued income -€38,672
down €38,672 (-41.3%), from €93,555 to €54,883
- Intangible fixed assets -€38,258
down €38,258 (-60.3%), from €63,473 to €25,215
Equity and liabilities
- Tax, wage and social debts +€101,706
up €101,706 (+67.1%), from €151,471 to €253,177
of which Taxes: +€100,165
- Debts after one year -€96,137
down €96,137 (-46.1%), from €208,610 to €112,473
- Other debts -€87,658
down €87,658 (-84.1%), from €104,192 to €16,534
- Reserves -€37,890
down €37,890 (-10.3%), from €366,170 to €328,280
of which Tax-exempt reserves: -€109,460
- Trade debts -€28,457
down €28,457 (-13.4%), from €211,628 to €183,171
Income statement
- Gross operating margin -€46,151
down €46,151 (-14.8%), from €312,111 to €265,960
- Provisions -€24,364
down €24,364, from €2,183 to -€22,181
- Other operating charges +€20,112
up €20,112 (+133%), from €15,172 to €35,284
- Taxes +€7,664
up €7,664 (+347%), from €2,211 to €9,875
- Financial charges -€3,825
down €3,825 (-3.2%), from €120,075 to €116,250
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.
Result 2024
-€210,672
Gross operating margin
-€46,151
Staff costs
-€2,351
Depreciation
+€1,508
Write-downs
-€100
Provisions
+€24,364
Other operating charges
-€20,112
Other operating items
-€9,712
Financial income
-€1,623
Financial charges
+€3,825
Taxes
-€7,664
Result 2025
-€268,688
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€123,507
Investment
-€3,150
Financing
+€137,165
Cash 2024
€26,666
From operations (derived)
-€123,507
Net result for the year
-€268,688
Depreciation
+€40,933
Stocks and contracts
-€1,721
Receivables within one year
+€70,172
Deferred charges and accrued income
+€38,672
Trade debts
-€28,457
Tax, wage and social debts
+€101,706
Advances received
+€12,234
Other debts
-€87,658
Accrued charges and deferred income
-€700
Investment (derived)
-€3,150
Investment in fixed assets (net)
-€3,150
Financing
+€137,165
Debts after one year
-€96,137
Current portion of long-term debt
-€5,131
Short-term financial debts
-€11,567
Contributions, distributions and other
+€250,000
Cash 2025
€37,174
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,266,724 | €1,132,327 | -€134,398 | -10.6% |
| Formation expenses | 20 | €2,814 | €4,986 | +€2,173 | +77.2% |
| Fixed assets | 21/28 | €95,351 | €55,396 | -€39,955 | -41.9% |
| Intangible fixed assets | 21 | €63,473 | €25,215 | -€38,258 | -60.3% |
| Tangible fixed assets | 22/27 | €2,578 | €880 | -€1,698 | -65.9% |
| Plant, machinery and equipment | 23 | €1,346 | €320 | -€1,026 | -76.2% |
| Furniture and vehicles | 24 | €40 | €5 | -€35 | -88.1% |
| Other tangible fixed assets | 26 | €1,192 | €556 | -€636 | -53.4% |
| Financial fixed assets | 28 | €29,300 | €29,300 | = | 0.0% |
| Current assets | 29/58 | €1,168,559 | €1,071,945 | -€96,615 | -8.3% |
| Amounts receivable after more than one year | 29 | €4,500 | €4,500 | = | 0.0% |
| Other amounts receivable | 291 | €4,500 | €4,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €503,563 | €505,284 | +€1,721 | +0.3% |
| Stocks | 30/36 | €503,563 | €505,284 | +€1,721 | +0.3% |
| Amounts receivable within one year | 40/41 | €540,275 | €470,104 | -€70,172 | -13.0% |
| Trade receivables | 40 | €528,798 | €452,463 | -€76,335 | -14.4% |
| Other amounts receivable | 41 | €11,478 | €17,641 | +€6,163 | +53.7% |
| Cash at bank and in hand | 54/58 | €26,666 | €37,174 | +€10,508 | +39.4% |
| Deferred charges and accrued income | 490/1 | €93,555 | €54,883 | -€38,672 | -41.3% |
| Total equity and liabilities | 10/49 | €1,266,724 | €1,132,327 | -€134,398 | -10.6% |
| Equity | 10/15 | -€168,853 | -€187,541 | -€18,688 | -11.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €366,170 | €328,280 | -€37,890 | -10.3% |
| Non-distributable reserves | 130/1 | €20,950 | €20,950 | = | 0.0% |
| Legal reserve | 130 | €20,950 | €20,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €109,460 | - | -€109,460 | |
| Distributable reserves | 133 | €235,760 | €307,330 | +€71,570 | +30.4% |
| Profit (loss) carried forward | 14 | -€597,023 | -€577,821 | +€19,202 | +3.2% |
| Amounts payable | 17/49 | €1,435,577 | €1,319,868 | -€115,709 | -8.1% |
| Amounts payable after more than one year | 17 | €208,610 | €112,473 | -€96,137 | -46.1% |
| Financial debts | 170/4 | €208,610 | €112,473 | -€96,137 | -46.1% |
| Amounts payable within one year | 42/48 | €1,226,267 | €1,207,394 | -€18,873 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €127,670 | €122,539 | -€5,131 | -4.0% |
| Financial debts | 43 | €624,284 | €612,716 | -€11,567 | -1.9% |
| Credit institutions | 430/8 | €624,284 | €612,716 | -€11,567 | -1.9% |
| Trade debts | 44 | €211,628 | €183,171 | -€28,457 | -13.4% |
| Suppliers | 440/4 | €211,628 | €183,171 | -€28,457 | -13.4% |
| Advances received on contracts in progress | 46 | €7,023 | €19,257 | +€12,234 | +174% |
| Taxes, remuneration and social security | 45 | €151,471 | €253,177 | +€101,706 | +67.1% |
| Taxes | 450/3 | €81,842 | €182,006 | +€100,165 | +122% |
| Remuneration and social security | 454/9 | €69,630 | €71,171 | +€1,541 | +2.2% |
| Other amounts payable | 47/48 | €104,192 | €16,534 | -€87,658 | -84.1% |
| Accrued charges and deferred income | 492/3 | €700 | - | -€700 | |
| Remuneration, social security and pensions | 62 | €319,976 | €322,328 | +€2,351 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,441 | €40,933 | -€1,508 | -3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€100 | - | +€100 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,183 | -€22,181 | -€24,364 | |
| Other operating charges | 640/8 | €15,172 | €35,284 | +€20,112 | +133% |
| Non-recurring operating charges | 66A | €22,448 | €32,160 | +€9,712 | +43.3% |
| Gross operating margin | 9900 | €312,111 | €265,960 | -€46,151 | -14.8% |
| Operating profit (loss) | 9901 | -€90,010 | -€142,564 | -€52,554 | -58.4% |
| Financial income | 75/76B | €1,623 | - | -€1,623 | |
| Recurring financial income | 75 | €1,623 | - | -€1,623 | |
| Financial charges | 65/66B | €120,075 | €116,250 | -€3,825 | -3.2% |
| Recurring financial charges | 65 | €120,075 | €116,250 | -€3,825 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€208,462 | -€258,814 | -€50,352 | -24.2% |
| Income taxes | 67/77 | €2,211 | €9,875 | +€7,664 | +347% |
| Profit (loss) for the period | 9904 | -€210,672 | -€268,688 | -€58,016 | -27.5% |
| Transfer from tax-exempt reserves | 789 | - | €37,890 | +€37,890 | |
| Profit (loss) for the period to be appropriated | 9905 | -€210,672 | -€230,798 | -€20,126 | -9.6% |
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.