TEXIM: 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.
TEXIM
Largest movements
- Cash -€13,544
down €13,544 (-43.4%), from €31,202 to €17,658
mainly Current portion of long-term debt (-€21,560) and Tax, wage and social debts (-€12,392)
- Tangible fixed assets -€12,751
down €12,751 (-21.8%), from €58,577 to €45,826
of which Furniture and vehicles: -€9,216
- Receivables within one year +€5,512
up €5,512 (+16.0%), from €34,548 to €40,060
of which Trade receivables: +€6,039
- Deferred charges and accrued income -€3,713
down €3,713 (-77.3%), from €4,803 to €1,090
- Current portion of long-term debt -€21,560
no longer reported in 2025 (was €21,560)
- Tax, wage and social debts -€12,392
down €12,392 (-31.9%), from €38,884 to €26,492
of which Taxes: -€13,647
- Profit (loss) carried forward +€7,281
up €7,281 (+11.0%), from €66,273 to €73,554
- Trade debts +€2,175
up €2,175 (+799.6%), from €272 to €2,447
- Taxes -€46,135
down €46,135 (-93.7%), from €49,251 to €3,116
- Gross operating margin -€39,349
down €39,349 (-43.4%), from €90,579 to €51,230
- Other operating charges -€4,196
down €4,196 (-80.2%), from €5,232 to €1,036
- Staff costs +€3,590
up €3,590 (+19.7%), from €18,197 to €21,787
- Financial charges +€1,669
up €1,669 (+84.1%), from €1,984 to €3,653
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 | €147,449 | €122,953 | -€24,496 | -16.6% |
| Fixed assets | 21/28 | €59,896 | €47,145 | -€12,751 | -21.3% |
| Tangible fixed assets | 22/27 | €58,577 | €45,826 | -€12,751 | -21.8% |
| Plant, machinery and equipment | 23 | €1,716 | €1,265 | -€451 | -26.3% |
| Furniture and vehicles | 24 | €51,700 | €42,484 | -€9,216 | -17.8% |
| Other tangible fixed assets | 26 | €5,161 | €2,077 | -€3,084 | -59.8% |
| Financial fixed assets | 28 | €1,319 | €1,319 | = | 0.0% |
| Current assets | 29/58 | €87,553 | €75,808 | -€11,745 | -13.4% |
| Amounts receivable after more than one year | 29 | €17,000 | €17,000 | = | 0.0% |
| Trade receivables | 290 | €17,000 | €17,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,548 | €40,060 | +€5,512 | +16.0% |
| Trade receivables | 40 | €10,582 | €16,621 | +€6,039 | +57.1% |
| Other amounts receivable | 41 | €23,966 | €23,439 | -€527 | -2.2% |
| Cash at bank and in hand | 54/58 | €31,202 | €17,658 | -€13,544 | -43.4% |
| Deferred charges and accrued income | 490/1 | €4,803 | €1,090 | -€3,713 | -77.3% |
| Total equity and liabilities | 10/49 | €147,449 | €122,953 | -€24,496 | -16.6% |
| Equity | 10/15 | €86,733 | €94,014 | +€7,281 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,273 | €73,554 | +€7,281 | +11.0% |
| Amounts payable | 17/49 | €60,716 | €28,939 | -€31,777 | -52.3% |
| Amounts payable within one year | 42/48 | €60,716 | €28,939 | -€31,777 | -52.3% |
| Current portion of amounts payable after more than one year | 42 | €21,560 | - | -€21,560 | |
| Trade debts | 44 | €272 | €2,447 | +€2,175 | +799.6% |
| Suppliers | 440/4 | €272 | €2,447 | +€2,175 | +799.6% |
| Taxes, remuneration and social security | 45 | €38,884 | €26,492 | -€12,392 | -31.9% |
| Taxes | 450/3 | €37,407 | €23,760 | -€13,647 | -36.5% |
| Remuneration and social security | 454/9 | €1,477 | €2,732 | +€1,255 | +85.0% |
| Non-recurring operating income | 76A | - | €9,800 | +€9,800 | |
| Remuneration, social security and pensions | 62 | €18,197 | €21,787 | +€3,590 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,556 | €14,436 | +€880 | +6.5% |
| Other operating charges | 640/8 | €5,232 | €1,036 | -€4,196 | -80.2% |
| Non-recurring operating charges | 66A | €3,141 | - | -€3,141 | |
| Gross operating margin | 9900 | €90,579 | €51,230 | -€39,349 | -43.4% |
| Operating profit (loss) | 9901 | €50,453 | €13,971 | -€36,482 | -72.3% |
| Financial income | 75/76B | €96 | €80 | -€16 | -16.7% |
| Recurring financial income | 75 | €96 | €80 | -€16 | -16.7% |
| Financial charges | 65/66B | €1,984 | €3,653 | +€1,669 | +84.1% |
| Recurring financial charges | 65 | €1,984 | €3,653 | +€1,669 | +84.1% |
| Profit (loss) for the period before taxes | 9903 | €48,565 | €10,398 | -€38,167 | -78.6% |
| Income taxes | 67/77 | €49,251 | €3,116 | -€46,135 | -93.7% |
| Profit (loss) for the period | 9904 | -€686 | €7,282 | +€7,968 | |
| Profit (loss) for the period to be appropriated | 9905 | -€686 | €7,282 | +€7,968 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.