TEXSOI: 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.
TEXSOI
Largest movements
- Cash +€80,723
up €80,723 (+56.5%), from €142,955 to €223,677
mainly Net result for the year (+€227,883) and Other debts (+€139,641)
- Receivables within one year +€49,252
up €49,252 (+97.8%), from €50,381 to €99,633
of which Other amounts receivable: +€78,256
- Tangible fixed assets -€18,342
down €18,342 (-4.9%), from €371,905 to €353,563
of which Plant, machinery and equipment: -€13,018
- Intangible fixed assets -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Other debts +€139,641
up €139,641 (+287.2%), from €48,614 to €188,254
- Reserves +€76,831
up €76,831 (+1758.5%), from €4,369 to €81,200
of which Distributable reserves: +€75,000
- Debts after one year -€48,742
down €48,742 (-17.0%), from €286,331 to €237,589
- Trade debts -€34,396
down €34,396 (-42.8%), from €80,336 to €45,940
- Profit (loss) carried forward -€28,948
down €28,948 (-86.2%), from €33,575 to €4,627
- Gross operating margin +€293,361
up €293,361 (+76.3%), from €384,446 to €677,806
- Staff costs +€119,526
up €119,526 (+48.5%), from €246,413 to €365,939
- Depreciation +€21,433
up €21,433 (+56.1%), from €38,195 to €59,628
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 | €606,098 | €707,622 | +€101,524 | +16.8% |
| Fixed assets | 21/28 | €391,905 | €363,563 | -€28,342 | -7.2% |
| Intangible fixed assets | 21 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Tangible fixed assets | 22/27 | €371,905 | €353,563 | -€18,342 | -4.9% |
| Plant, machinery and equipment | 23 | €353,957 | €340,939 | -€13,018 | -3.7% |
| Furniture and vehicles | 24 | €17,948 | €12,624 | -€5,324 | -29.7% |
| Current assets | 29/58 | €214,193 | €344,059 | +€129,866 | +60.6% |
| Stocks and contracts in progress | 3 | €17,252 | €12,706 | -€4,546 | -26.4% |
| Stocks | 30/36 | €17,252 | €12,706 | -€4,546 | -26.4% |
| Amounts receivable within one year | 40/41 | €50,381 | €99,633 | +€49,252 | +97.8% |
| Trade receivables | 40 | €45,022 | €16,018 | -€29,004 | -64.4% |
| Other amounts receivable | 41 | €5,359 | €83,615 | +€78,256 | +1460.3% |
| Cash at bank and in hand | 54/58 | €142,955 | €223,677 | +€80,723 | +56.5% |
| Deferred charges and accrued income | 490/1 | €3,605 | €8,043 | +€4,438 | +123.1% |
| Total equity and liabilities | 10/49 | €606,098 | €707,622 | +€101,524 | +16.8% |
| Equity | 10/15 | €99,944 | €147,827 | +€47,883 | +47.9% |
| 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 | €4,369 | €81,200 | +€76,831 | +1758.5% |
| Non-distributable reserves | 130/1 | €4,369 | €6,200 | +€1,831 | +41.9% |
| Legal reserve | 130 | €4,369 | €6,200 | +€1,831 | +41.9% |
| Distributable reserves | 133 | - | €75,000 | +€75,000 | |
| Profit (loss) carried forward | 14 | €33,575 | €4,627 | -€28,948 | -86.2% |
| Amounts payable | 17/49 | €506,154 | €559,795 | +€53,641 | +10.6% |
| Amounts payable after more than one year | 17 | €286,331 | €237,589 | -€48,742 | -17.0% |
| Financial debts | 170/4 | €286,331 | €237,589 | -€48,742 | -17.0% |
| Amounts payable within one year | 42/48 | €209,199 | €319,845 | +€110,646 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €47,016 | €48,742 | +€1,726 | +3.7% |
| Trade debts | 44 | €80,336 | €45,940 | -€34,396 | -42.8% |
| Suppliers | 440/4 | €80,336 | €45,940 | -€34,396 | -42.8% |
| Taxes, remuneration and social security | 45 | €33,234 | €36,909 | +€3,675 | +11.1% |
| Taxes | 450/3 | €3,977 | €5,521 | +€1,544 | +38.8% |
| Remuneration and social security | 454/9 | €29,257 | €31,388 | +€2,131 | +7.3% |
| Other amounts payable | 47/48 | €48,614 | €188,254 | +€139,641 | +287.2% |
| Accrued charges and deferred income | 492/3 | €10,624 | €2,361 | -€8,263 | -77.8% |
| Remuneration, social security and pensions | 62 | €246,413 | €365,939 | +€119,526 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,195 | €59,628 | +€21,433 | +56.1% |
| Other operating charges | 640/8 | €687 | €4,020 | +€3,333 | +484.9% |
| Gross operating margin | 9900 | €384,446 | €677,806 | +€293,361 | +76.3% |
| Operating profit (loss) | 9901 | €99,151 | €248,220 | +€149,069 | +150.3% |
| Financial income | 75/76B | €278 | €2 | -€276 | -99.1% |
| Recurring financial income | 75 | €278 | €2 | -€276 | -99.1% |
| Financial charges | 65/66B | €10,157 | €16,339 | +€6,182 | +60.9% |
| Recurring financial charges | 65 | €10,157 | €16,339 | +€6,182 | +60.9% |
| Profit (loss) for the period before taxes | 9903 | €89,272 | €231,883 | +€142,611 | +159.7% |
| Income taxes | 67/77 | €1,889 | €4,000 | +€2,111 | +111.7% |
| Profit (loss) for the period | 9904 | €87,383 | €227,883 | +€140,500 | +160.8% |
| Profit (loss) for the period to be appropriated | 9905 | €87,383 | €227,883 | +€140,500 | +160.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.