TEXHAL: 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.
TEXHAL
Largest movements
- Tangible fixed assets -€39,689
down €39,689 (-16.5%), from €240,435 to €200,746
of which Plant, machinery and equipment: -€36,065
- Cash +€29,331
up €29,331 (+54.7%), from €53,598 to €82,929
mainly Depreciation (+€46,669) and Net result for the year (+€38,255)
- Intangible fixed assets -€6,000
down €6,000 (-49.1%), from €12,214 to €6,214
- Debts after one year -€56,201
down €56,201 (-41.3%), from €136,239 to €80,038
- Reserves +€28,420
up €28,420 (+1022.5%), from €2,780 to €31,200
of which Distributable reserves: +€25,000
- Trade debts -€16,107
down €16,107 (-37.5%), from €42,923 to €26,815
- Other debts +€13,012
up €13,012 (+69.2%), from €18,796 to €31,807
- Profit (loss) carried forward +€9,834
up €9,834, from -€7,111 to €2,724
- Gross operating margin +€7,093
up €7,093 (+2.4%), from €299,056 to €306,149
- Other operating charges +€4,254
up €4,254 (+540.3%), from €787 to €5,041
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,885 | €315,591 | -€17,294 | -5.2% |
| Fixed assets | 21/28 | €252,889 | €207,200 | -€45,689 | -18.1% |
| Intangible fixed assets | 21 | €12,214 | €6,214 | -€6,000 | -49.1% |
| Tangible fixed assets | 22/27 | €240,435 | €200,746 | -€39,689 | -16.5% |
| Plant, machinery and equipment | 23 | €229,188 | €193,123 | -€36,065 | -15.7% |
| Furniture and vehicles | 24 | €3,324 | €2,455 | -€869 | -26.1% |
| Leasing and similar rights | 25 | €7,923 | €5,167 | -€2,756 | -34.8% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €79,996 | €108,391 | +€28,395 | +35.5% |
| Stocks and contracts in progress | 3 | €5,192 | €6,280 | +€1,088 | +21.0% |
| Stocks | 30/36 | €5,192 | €6,280 | +€1,088 | +21.0% |
| Amounts receivable within one year | 40/41 | €15,009 | €15,317 | +€308 | +2.1% |
| Trade receivables | 40 | €15,009 | €15,317 | +€308 | +2.1% |
| Cash at bank and in hand | 54/58 | €53,598 | €82,929 | +€29,331 | +54.7% |
| Deferred charges and accrued income | 490/1 | €6,197 | €3,866 | -€2,332 | -37.6% |
| Total equity and liabilities | 10/49 | €332,885 | €315,591 | -€17,294 | -5.2% |
| Equity | 10/15 | €57,669 | €95,924 | +€38,255 | +66.3% |
| 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 | €2,780 | €31,200 | +€28,420 | +1022.5% |
| Non-distributable reserves | 130/1 | €2,780 | €6,200 | +€3,420 | +123.1% |
| Legal reserve | 130 | €2,780 | €6,200 | +€3,420 | +123.1% |
| Distributable reserves | 133 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | -€7,111 | €2,724 | +€9,834 | |
| Amounts payable | 17/49 | €275,217 | €219,668 | -€55,549 | -20.2% |
| Amounts payable after more than one year | 17 | €136,239 | €80,038 | -€56,201 | -41.3% |
| Financial debts | 170/4 | €136,239 | €80,038 | -€56,201 | -41.3% |
| Amounts payable within one year | 42/48 | €137,378 | €129,837 | -€7,541 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €55,999 | €56,201 | +€202 | +0.4% |
| Trade debts | 44 | €42,923 | €26,815 | -€16,107 | -37.5% |
| Suppliers | 440/4 | €42,923 | €26,815 | -€16,107 | -37.5% |
| Taxes, remuneration and social security | 45 | €19,661 | €15,014 | -€4,647 | -23.6% |
| Taxes | 450/3 | €1,578 | €1,301 | -€277 | -17.5% |
| Remuneration and social security | 454/9 | €18,083 | €13,713 | -€4,370 | -24.2% |
| Other amounts payable | 47/48 | €18,796 | €31,807 | +€13,012 | +69.2% |
| Accrued charges and deferred income | 492/3 | €1,599 | €9,793 | +€8,193 | +512.2% |
| Remuneration, social security and pensions | 62 | €212,225 | €212,447 | +€222 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,833 | €46,669 | +€836 | +1.8% |
| Other operating charges | 640/8 | €787 | €5,041 | +€4,254 | +540.3% |
| Gross operating margin | 9900 | €299,056 | €306,149 | +€7,093 | +2.4% |
| Operating profit (loss) | 9901 | €40,210 | €41,991 | +€1,781 | +4.4% |
| Financial income | 75/76B | - | €111 | +€111 | |
| Recurring financial income | 75 | - | €111 | +€111 | |
| Financial charges | 65/66B | €4,979 | €3,847 | -€1,131 | -22.7% |
| Recurring financial charges | 65 | €4,979 | €3,847 | -€1,131 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €35,232 | €38,255 | +€3,023 | +8.6% |
| Profit (loss) for the period | 9904 | €35,232 | €38,255 | +€3,023 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,232 | €38,255 | +€3,023 | +8.6% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.