TEXOIL: 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.
TEXOIL
Largest movements
- Receivables within one year +€669,873
up €669,873 (+7,955%), from €8,421 to €678,294
of which Trade receivables: +€572,289
- Stocks and contracts +€179,494
up €179,494 (+4,447%), from €4,036 to €183,530
- Cash +€117,168
up €117,168 (+828%), from €14,152 to €131,321
mainly Trade debts (+€917,785) and Other debts (+€102,000)
- Financial fixed assets +€100,000
new in 2025: €100,000
- Trade debts +€917,785
new in 2025: €917,785
- Other debts +€102,000
new in 2025: €102,000
- Profit (loss) carried forward +€30,631
up €30,631, from -€10,412 to €20,220
- Tax, wage and social debts +€21,915
up €21,915 (+23,190%), from €95 to €22,009
of which Taxes: +€11,307
- Gross operating margin +€58,736
new in 2025: €58,736
- Staff costs +€14,287
new in 2025: €14,287
- Taxes +€11,151
new in 2025: €11,151
- Financial charges +€2,067
new in 2025: €2,067
- Other operating charges +€1,607
new in 2025: €1,607
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,610 | €1,098,940 | +€1.1m | +4,030% |
| Fixed assets | 21/28 | - | €104,667 | +€104,667 | |
| Tangible fixed assets | 22/27 | - | €4,667 | +€4,667 | |
| Plant, machinery and equipment | 23 | - | €4,667 | +€4,667 | |
| Financial fixed assets | 28 | - | €100,000 | +€100,000 | |
| Current assets | 29/58 | €26,610 | €994,274 | +€967,664 | +3,637% |
| Stocks and contracts in progress | 3 | €4,036 | €183,530 | +€179,494 | +4,447% |
| Stocks | 30/36 | €4,036 | €183,530 | +€179,494 | +4,447% |
| Amounts receivable within one year | 40/41 | €8,421 | €678,294 | +€669,873 | +7,955% |
| Trade receivables | 40 | €2,142 | €574,431 | +€572,289 | +26,724% |
| Other amounts receivable | 41 | €6,280 | €103,863 | +€97,583 | +1,554% |
| Cash at bank and in hand | 54/58 | €14,152 | €131,321 | +€117,168 | +828% |
| Deferred charges and accrued income | 490/1 | - | €1,129 | +€1,129 | |
| Total equity and liabilities | 10/49 | €26,610 | €1,098,940 | +€1.1m | +4,030% |
| Equity | 10/15 | €26,515 | €57,147 | +€30,631 | +116% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,327 | €18,327 | = | 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% |
| Distributable reserves | 133 | €16,467 | €16,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,412 | €20,220 | +€30,631 | |
| Amounts payable | 17/49 | €95 | €1,041,794 | +€1.0m | +1,102,327% |
| Amounts payable within one year | 42/48 | €95 | €1,041,794 | +€1.0m | +1,102,327% |
| Trade debts | 44 | - | €917,785 | +€917,785 | |
| Suppliers | 440/4 | - | €917,785 | +€917,785 | |
| Taxes, remuneration and social security | 45 | €95 | €22,009 | +€21,915 | +23,190% |
| Taxes | 450/3 | €95 | €11,401 | +€11,307 | +11,965% |
| Remuneration and social security | 454/9 | - | €10,608 | +€10,608 | |
| Other amounts payable | 47/48 | - | €102,000 | +€102,000 | |
| Remuneration, social security and pensions | 62 | - | €14,287 | +€14,287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €333 | +€333 | |
| Other operating charges | 640/8 | - | €1,607 | +€1,607 | |
| Gross operating margin | 9900 | - | €58,736 | +€58,736 | |
| Operating profit (loss) | 9901 | - | €42,509 | +€42,509 | |
| Financial income | 75/76B | - | €1,340 | +€1,340 | |
| Recurring financial income | 75 | - | €1,340 | +€1,340 | |
| Financial charges | 65/66B | - | €2,067 | +€2,067 | |
| Recurring financial charges | 65 | - | €2,067 | +€2,067 | |
| Profit (loss) for the period before taxes | 9903 | - | €41,782 | +€41,782 | |
| Income taxes | 67/77 | - | €11,151 | +€11,151 | |
| Profit (loss) for the period | 9904 | - | €30,631 | +€30,631 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €30,631 | +€30,631 |
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 23 October 2026 via checked.be.