TEXIMO: 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.
What changed
TEXIMO
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€255,055
2023 · €305,117-€50,062
Equity
€1.8m
2023 · €1.6m+€255,055
Cash
€126,897
2023 · €103,893+€23,004
Balance sheet total
€7.8m
2023 · €5.2m+€2.6m
Largest movements
Assets
- Tangible fixed assets +€2.6m
up €2.6m (+51.4%), from €5.1m to €7.7m
of which Land and buildings: +€2.5m
Equity and liabilities
- Debts after one year +€1.9m
up €1.9m (+67.9%), from €2.9m to €4.8m
- Other debts +€340,000
new in 2024: €340,000
- Profit (loss) carried forward +€255,055
up €255,055 (+21.3%), from €1.2m to €1.5m
- Accrued charges and deferred income -€139,656
down €139,656 (-60.8%), from €229,656 to €90,000
- Current portion of long-term debt +€121,691
up €121,691 (+29.6%), from €410,557 to €532,248
Income statement
- Turnover +€780,000
new in 2024: €780,000
- Gross operating margin -€651,703
no longer reported in 2024 (was €651,703)
- Services and other goods +€96,069
new in 2024: €96,069
- Depreciation +€70,065
up €70,065 (+38.1%), from €183,696 to €253,761
- Taxes -€23,182
down €23,182 (-20.9%), from €111,071 to €87,889
From the 2023 result to the 2024 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 2023
€305,117
Turnover
+€780,000
Other operating income
+€3,718
Services and other goods
-€96,069
Depreciation
-€70,065
Other operating charges
-€19,214
Other operating items
-€651,703
Financial charges
-€19,911
Taxes
+€23,182
Result 2024
€255,055
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€742,070
Investment
-€2.9m
Financing
+€2.1m
Cash 2023
€103,893
From operations (derived)
+€742,070
Net result for the year
+€255,055
Depreciation
+€253,761
Receivables within one year
+€20,889
Trade debts
+€45,021
Tax, wage and social debts
-€33,000
Other debts
+€340,000
Accrued charges and deferred income
-€139,656
Investment (derived)
-€2.9m
Investment in fixed assets (net)
-€2.9m
Financing
+€2.1m
Debts after one year
+€1.9m
Current portion of long-term debt
+€121,691
Short-term financial debts
+€75,461
Cash 2024
€126,897
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,220,540 | €7,834,561 | +€2.6m | +50.1% |
| Fixed assets | 21/28 | €5,081,494 | €7,693,400 | +€2.6m | +51.4% |
| Tangible fixed assets | 22/27 | €5,078,926 | €7,690,832 | +€2.6m | +51.4% |
| Land and buildings | 22 | €5,078,926 | €7,532,711 | +€2.5m | +48.3% |
| Other tangible fixed assets | 26 | - | €158,121 | +€158,121 | |
| Financial fixed assets | 28 | €2,568 | €2,568 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €2,568 | +€2,568 | |
| Amounts receivable and cash guarantees | 285/8 | - | €2,568 | +€2,568 | |
| Current assets | 29/58 | €139,046 | €141,161 | +€2,115 | +1.5% |
| Amounts receivable within one year | 40/41 | €35,153 | €14,264 | -€20,889 | -59.4% |
| Other amounts receivable | 41 | €35,153 | €14,264 | -€20,889 | -59.4% |
| Cash at bank and in hand | 54/58 | €103,893 | €126,897 | +€23,004 | +22.1% |
| Total equity and liabilities | 10/49 | €5,220,540 | €7,834,561 | +€2.6m | +50.1% |
| Equity | 10/15 | €1,554,127 | €1,809,182 | +€255,055 | +16.4% |
| Contributions | 10/11 | €256,149 | €256,149 | = | 0.0% |
| Capital | 10 | €256,149 | €256,149 | = | 0.0% |
| Issued capital | 100 | €256,149 | €256,149 | = | 0.0% |
| Reserves | 13 | €98,983 | €98,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €53,036 | €53,036 | = | 0.0% |
| Legal reserve | 130 | €25,615 | €25,615 | = | 0.0% |
| Other | 1319 | €27,421 | €27,421 | = | 0.0% |
| Distributable reserves | 133 | €45,947 | €45,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,198,995 | €1,454,050 | +€255,055 | +21.3% |
| Amounts payable | 17/49 | €3,666,413 | €6,025,379 | +€2.4m | +64.3% |
| Amounts payable after more than one year | 17 | €2,871,612 | €4,821,061 | +€1.9m | +67.9% |
| Financial debts | 170/4 | €2,871,612 | €4,821,061 | +€1.9m | +67.9% |
| Credit institutions | 173 | - | €4,821,061 | +€4.8m | |
| Amounts payable within one year | 42/48 | €565,145 | €1,114,318 | +€549,173 | +97.2% |
| Current portion of amounts payable after more than one year | 42 | €410,557 | €532,248 | +€121,691 | +29.6% |
| Financial debts | 43 | - | €75,461 | +€75,461 | |
| Credit institutions | 430/8 | - | €75,461 | +€75,461 | |
| Trade debts | 44 | €10,518 | €55,539 | +€45,021 | +428.0% |
| Suppliers | 440/4 | €10,518 | €55,539 | +€45,021 | +428.0% |
| Taxes, remuneration and social security | 45 | €144,070 | €111,070 | -€33,000 | -22.9% |
| Taxes | 450/3 | €144,070 | €111,070 | -€33,000 | -22.9% |
| Other amounts payable | 47/48 | - | €340,000 | +€340,000 | |
| Accrued charges and deferred income | 492/3 | €229,656 | €90,000 | -€139,656 | -60.8% |
| Operating income | 70/76A | - | €783,718 | +€783,718 | |
| Turnover | 70 | - | €780,000 | +€780,000 | |
| Other operating income | 74 | - | €3,718 | +€3,718 | |
| Operating charges | 60/66A | - | €382,368 | +€382,368 | |
| Services and other goods | 61 | - | €96,069 | +€96,069 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183,696 | €253,761 | +€70,065 | +38.1% |
| Other operating charges | 640/8 | €13,324 | €32,538 | +€19,214 | +144.2% |
| Gross operating margin | 9900 | €651,703 | - | -€651,703 | |
| Operating profit (loss) | 9901 | €454,683 | €401,350 | -€53,333 | -11.7% |
| Financial charges | 65/66B | €38,495 | €58,406 | +€19,911 | +51.7% |
| Recurring financial charges | 65 | €38,495 | €58,406 | +€19,911 | +51.7% |
| Debt charges | 650 | - | €55,598 | +€55,598 | |
| Other financial charges | 652/9 | - | €2,808 | +€2,808 | |
| Profit (loss) for the period before taxes | 9903 | €416,188 | €342,944 | -€73,244 | -17.6% |
| Income taxes | 67/77 | €111,071 | €87,889 | -€23,182 | -20.9% |
| Taxes | 670/3 | - | €87,889 | +€87,889 | |
| Profit (loss) for the period | 9904 | €305,117 | €255,055 | -€50,062 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €305,117 | €255,055 | -€50,062 | -16.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.