Texprofin: 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.
Texprofin
Largest movements
- Cash +€438,911
up €438,911 (+189%), from €231,820 to €670,730
mainly Contributions, distributions and other (+€444,531) and Debts after one year (+€342,928)
- Receivables within one year -€207,475
down €207,475 (-70.1%), from €296,162 to €88,687
of which Trade receivables: -€163,025
- Stocks and contracts +€177,027
up €177,027 (+40.0%), from €442,815 to €619,841
- Intangible fixed assets +€135,585
up €135,585 (+10.7%), from €1.3m to €1.4m
- Deferred charges and accrued income -€41,977
down €41,977 (-80.1%), from €52,394 to €10,417
- Contributions +€499,103
up €499,103 (+18.3%), from €2.7m to €3.2m
- Profit (loss) carried forward -€388,815
down €388,815 (-27.6%), from -€1.4m to -€1.8m
- Debts after one year +€342,928
up €342,928 (+4,140%), from €8,283 to €351,211
of which Financial debts: +€342,928
- Advances received +€100,122
new in 2025: €100,122
- Investment grants -€54,572
down €54,572 (-6.9%), from €796,303 to €741,731
- Staff costs +€47,443
up €47,443 (+25.8%), from €183,966 to €231,409
- Gross operating margin +€32,601
up €32,601 (+29.0%), from -€112,391 to -€79,790
- Financial charges -€9,970
down €9,970 (-43.7%), from €22,838 to €12,868
- Depreciation -€5,863
down €5,863 (-5.7%), from €102,642 to €96,778
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.
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 | €2,375,369 | €2,866,932 | +€491,563 | +20.7% |
| Formation expenses | 20 | €561 | €0 | -€561 | -100% |
| Fixed assets | 21/28 | €1,351,618 | €1,477,256 | +€125,638 | +9.3% |
| Intangible fixed assets | 21 | €1,268,570 | €1,404,155 | +€135,585 | +10.7% |
| Tangible fixed assets | 22/27 | €82,685 | €72,738 | -€9,947 | -12.0% |
| Plant, machinery and equipment | 23 | €60,103 | €53,129 | -€6,974 | -11.6% |
| Furniture and vehicles | 24 | €5,883 | €8,235 | +€2,353 | +40.0% |
| Leasing and similar rights | 25 | €16,700 | €11,374 | -€5,326 | -31.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €1,023,189 | €1,389,676 | +€366,486 | +35.8% |
| Stocks and contracts in progress | 3 | €442,815 | €619,841 | +€177,027 | +40.0% |
| Stocks | 30/36 | €442,815 | €619,841 | +€177,027 | +40.0% |
| Amounts receivable within one year | 40/41 | €296,162 | €88,687 | -€207,475 | -70.1% |
| Trade receivables | 40 | €175,382 | €12,357 | -€163,025 | -93.0% |
| Other amounts receivable | 41 | €120,780 | €76,330 | -€44,450 | -36.8% |
| Cash at bank and in hand | 54/58 | €231,820 | €670,730 | +€438,911 | +189% |
| Deferred charges and accrued income | 490/1 | €52,394 | €10,417 | -€41,977 | -80.1% |
| Total equity and liabilities | 10/49 | €2,375,369 | €2,866,932 | +€491,563 | +20.7% |
| Equity | 10/15 | €2,115,618 | €2,171,334 | +€55,716 | +2.6% |
| Contributions | 10/11 | €2,727,138 | €3,226,241 | +€499,103 | +18.3% |
| Capital | 10 | €2,727,138 | €3,226,241 | +€499,103 | +18.3% |
| Issued capital | 100 | €2,727,138 | €3,226,241 | +€499,103 | +18.3% |
| Profit (loss) carried forward | 14 | -€1,407,823 | -€1,796,638 | -€388,815 | -27.6% |
| Investment grants | 15 | €796,303 | €741,731 | -€54,572 | -6.9% |
| Amounts payable | 17/49 | €259,751 | €695,597 | +€435,846 | +168% |
| Amounts payable after more than one year | 17 | €8,283 | €351,211 | +€342,928 | +4,140% |
| Financial debts | 170/4 | €8,283 | €351,211 | +€342,928 | +4,140% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €237,468 | €343,713 | +€106,245 | +44.7% |
| Current portion of amounts payable after more than one year | 42 | €6,752 | €7,072 | +€320 | +4.7% |
| Trade debts | 44 | €200,372 | €203,611 | +€3,239 | +1.6% |
| Suppliers | 440/4 | €200,372 | €203,611 | +€3,239 | +1.6% |
| Advances received on contracts in progress | 46 | - | €100,122 | +€100,122 | |
| Taxes, remuneration and social security | 45 | €30,326 | €32,891 | +€2,565 | +8.5% |
| Taxes | 450/3 | €6,329 | €7,294 | +€965 | +15.3% |
| Remuneration and social security | 454/9 | €23,997 | €25,596 | +€1,599 | +6.7% |
| Other amounts payable | 47/48 | €18 | €18 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €14,000 | €673 | -€13,327 | -95.2% |
| Remuneration, social security and pensions | 62 | €183,966 | €231,409 | +€47,443 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,642 | €96,778 | -€5,863 | -5.7% |
| Other operating charges | 640/8 | €2,049 | €2,691 | +€642 | +31.3% |
| Gross operating margin | 9900 | -€112,391 | -€79,790 | +€32,601 | +29.0% |
| Operating profit (loss) | 9901 | -€401,047 | -€410,668 | -€9,621 | -2.4% |
| Financial income | 75/76B | €34,951 | €34,721 | -€230 | -0.7% |
| Recurring financial income | 75 | €34,951 | €34,721 | -€230 | -0.7% |
| Financial charges | 65/66B | €22,838 | €12,868 | -€9,970 | -43.7% |
| Recurring financial charges | 65 | €22,838 | €12,868 | -€9,970 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | -€388,934 | -€388,815 | +€119 | 0.0% |
| Profit (loss) for the period | 9904 | -€388,934 | -€388,815 | +€119 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€388,934 | -€388,815 | +€119 | 0.0% |
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 20 October 2026 via checked.be.