TEXTGAIN: 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.
TEXTGAIN
Largest movements
- Receivables within one year +€512,153
up €512,153 (+116%), from €440,055 to €952,208
of which Other amounts receivable: +€483,866
- Cash -€78,189
down €78,189 (-22.0%), from €355,005 to €276,816
mainly Receivables within one year (-€512,153) and Investment in fixed assets (net) (-€209,035)
- Intangible fixed assets +€34,542
up €34,542 (+11.8%), from €291,585 to €326,127
- Accrued charges and deferred income +€387,748
up €387,748 (+103%), from €377,311 to €765,059
- Profit (loss) carried forward +€57,695
up €57,695 (+6.9%), from €834,509 to €892,203
- Other debts +€27,638
up €27,638 (+38.0%), from €72,790 to €100,428
- Depreciation +€70,934
up €70,934 (+68.0%), from €104,258 to €175,193
- Gross operating margin +€48,897
up €48,897 (+9.4%), from €520,353 to €569,250
- Write-downs +€15,840
up €15,840, from -€15,840 to €0
- Other operating charges -€15,738
down €15,738 (-93.0%), from €16,926 to €1,187
- Taxes -€14,979
down €14,979, from €13,278 to -€1,701
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 | €1,399,728 | €1,866,046 | +€466,319 | +33.3% |
| Fixed assets | 21/28 | €601,732 | €635,575 | +€33,843 | +5.6% |
| Intangible fixed assets | 21 | €291,585 | €326,127 | +€34,542 | +11.8% |
| Tangible fixed assets | 22/27 | €7,397 | €6,698 | -€699 | -9.5% |
| Furniture and vehicles | 24 | €7,397 | €6,698 | -€699 | -9.5% |
| Financial fixed assets | 28 | €302,750 | €302,750 | = | 0.0% |
| Current assets | 29/58 | €797,996 | €1,230,471 | +€432,476 | +54.2% |
| Amounts receivable within one year | 40/41 | €440,055 | €952,208 | +€512,153 | +116% |
| Trade receivables | 40 | €56,710 | €84,997 | +€28,287 | +49.9% |
| Other amounts receivable | 41 | €383,344 | €867,210 | +€483,866 | +126% |
| Cash at bank and in hand | 54/58 | €355,005 | €276,816 | -€78,189 | -22.0% |
| Deferred charges and accrued income | 490/1 | €2,936 | €1,448 | -€1,488 | -50.7% |
| Total equity and liabilities | 10/49 | €1,399,728 | €1,866,046 | +€466,319 | +33.3% |
| Equity | 10/15 | €854,969 | €912,663 | +€57,695 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €834,509 | €892,203 | +€57,695 | +6.9% |
| Amounts payable | 17/49 | €544,759 | €953,383 | +€408,624 | +75.0% |
| Amounts payable within one year | 42/48 | €167,448 | €188,324 | +€20,876 | +12.5% |
| Trade debts | 44 | €34,550 | €31,941 | -€2,609 | -7.6% |
| Suppliers | 440/4 | €34,550 | €31,941 | -€2,609 | -7.6% |
| Taxes, remuneration and social security | 45 | €60,107 | €55,955 | -€4,152 | -6.9% |
| Taxes | 450/3 | €35,005 | €22,765 | -€12,240 | -35.0% |
| Remuneration and social security | 454/9 | €25,102 | €33,190 | +€8,088 | +32.2% |
| Other amounts payable | 47/48 | €72,790 | €100,428 | +€27,638 | +38.0% |
| Accrued charges and deferred income | 492/3 | €377,311 | €765,059 | +€387,748 | +103% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €243,423 | €234,810 | -€8,613 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,258 | €175,193 | +€70,934 | +68.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€15,840 | €0 | +€15,840 | |
| Other operating charges | 640/8 | €16,926 | €1,187 | -€15,738 | -93.0% |
| Gross operating margin | 9900 | €520,353 | €569,250 | +€48,897 | +9.4% |
| Operating profit (loss) | 9901 | €171,586 | €158,060 | -€13,526 | -7.9% |
| Financial income | 75/76B | €2,348 | €2,488 | +€139 | +5.9% |
| Recurring financial income | 75 | €2,348 | €2,488 | +€139 | +5.9% |
| Financial charges | 65/66B | €3,557 | €4,554 | +€997 | +28.0% |
| Recurring financial charges | 65 | €3,557 | €4,554 | +€997 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €170,378 | €155,994 | -€14,384 | -8.4% |
| Income taxes | 67/77 | €13,278 | -€1,701 | -€14,979 | |
| Profit (loss) for the period | 9904 | €157,100 | €157,695 | +€595 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €157,100 | €157,695 | +€595 | +0.4% |
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.