TEXTIL LEASING SERVICE: what changed
What changed
TEXTIL LEASING SERVICE
NACE 77.224, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€210,505
2024 · €154,664+€55,840
Equity
€966,917
2024 · €756,412+€210,505
Cash
€193,756
2024 · €214,536-€20,780
Balance sheet total
€2.3m
2024 · €2.3m+€15,325
Largest movements
Assets
- Tangible fixed assets +€100,279
up €100,279 (+7.1%), from €1.4m to €1.5m
of which Land and buildings: +€135,762
- Receivables within one year -€65,840
down €65,840 (-27.1%), from €243,011 to €177,171
of which Trade receivables: -€66,315
Equity and liabilities
- Trade debts -€694,715
down €694,715 (-96.3%), from €721,097 to €26,383
- Debts after one year +€486,440
up €486,440 (+138%), from €353,148 to €839,588
of which Financial debts: +€481,660
- Reserves +€210,505
up €210,505 (+28.3%), from €744,012 to €954,517
of which Distributable reserves: +€210,505
Income statement
- Gross operating margin +€75,562
up €75,562 (+17.4%), from €434,221 to €509,784
- Depreciation -€43,649
down €43,649 (-23.4%), from €186,828 to €143,180
- Taxes +€33,374
up €33,374 (+47.4%), from €70,449 to €103,823
- Financial charges +€17,998
up €17,998 (+106%), from €16,949 to €34,947
- Other operating charges +€11,767
up €11,767 (+189%), from €6,231 to €17,999
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€154,664
Gross operating margin
+€75,562
Depreciation
+€43,649
Other operating charges
-€11,767
Financial income
-€231
Financial charges
-€17,998
Taxes
-€33,374
Result 2025
€210,505
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€286,534
Investment
-€243,458
Financing
+€509,212
Cash 2024
€214,536
From operations (derived)
-€286,534
Net result for the year
+€210,505
Depreciation
+€143,180
Receivables within one year
+€65,840
Smaller working-capital items
-€1,341
Trade debts
-€694,715
Tax, wage and social debts
-€4,412
Other debts
-€5,591
Investment (derived)
-€243,458
Investment in fixed assets (net)
-€243,458
Financing
+€509,212
Debts after one year
+€486,440
Current portion of long-term debt
+€22,772
Cash 2025
€193,756
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,288,581 | €2,303,906 | +€15,325 | +0.7% |
| Fixed assets | 21/28 | €1,829,571 | €1,929,850 | +€100,279 | +5.5% |
| Tangible fixed assets | 22/27 | €1,414,705 | €1,514,984 | +€100,279 | +7.1% |
| Land and buildings | 22 | €1,297,583 | €1,433,344 | +€135,762 | +10.5% |
| Plant, machinery and equipment | 23 | €7,151 | €4,801 | -€2,351 | -32.9% |
| Furniture and vehicles | 24 | €109,971 | €76,839 | -€33,132 | -30.1% |
| Financial fixed assets | 28 | €414,866 | €414,866 | = | 0.0% |
| Current assets | 29/58 | €459,010 | €374,056 | -€84,954 | -18.5% |
| Amounts receivable within one year | 40/41 | €243,011 | €177,171 | -€65,840 | -27.1% |
| Trade receivables | 40 | €195,498 | €129,183 | -€66,315 | -33.9% |
| Other amounts receivable | 41 | €47,513 | €47,988 | +€475 | +1.0% |
| Cash at bank and in hand | 54/58 | €214,536 | €193,756 | -€20,780 | -9.7% |
| Deferred charges and accrued income | 490/1 | €1,462 | €3,129 | +€1,667 | +114% |
| Total equity and liabilities | 10/49 | €2,288,581 | €2,303,906 | +€15,325 | +0.7% |
| Equity | 10/15 | €756,412 | €966,917 | +€210,505 | +27.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €744,012 | €954,517 | +€210,505 | +28.3% |
| Tax-exempt reserves | 132 | €158,610 | €158,610 | = | 0.0% |
| Distributable reserves | 133 | €585,402 | €795,907 | +€210,505 | +36.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €205,393 | €205,393 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €205,393 | €205,393 | = | 0.0% |
| Pensions and similar obligations | 160 | €205,393 | €205,393 | = | 0.0% |
| Amounts payable | 17/49 | €1,326,776 | €1,131,596 | -€195,180 | -14.7% |
| Amounts payable after more than one year | 17 | €353,148 | €839,588 | +€486,440 | +138% |
| Financial debts | 170/4 | €349,448 | €831,108 | +€481,660 | +138% |
| Other amounts payable | 178/9 | €3,700 | €8,480 | +€4,780 | +129% |
| Amounts payable within one year | 42/48 | €970,887 | €288,942 | -€681,945 | -70.2% |
| Current portion of amounts payable after more than one year | 42 | €71,174 | €93,946 | +€22,772 | +32.0% |
| Trade debts | 44 | €721,097 | €26,383 | -€694,715 | -96.3% |
| Suppliers | 440/4 | €721,097 | €26,383 | -€694,715 | -96.3% |
| Taxes, remuneration and social security | 45 | €23,769 | €19,358 | -€4,412 | -18.6% |
| Taxes | 450/3 | €23,769 | €19,358 | -€4,412 | -18.6% |
| Other amounts payable | 47/48 | €154,846 | €149,255 | -€5,591 | -3.6% |
| Accrued charges and deferred income | 492/3 | €2,741 | €3,067 | +€326 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,828 | €143,180 | -€43,649 | -23.4% |
| Other operating charges | 640/8 | €6,231 | €17,999 | +€11,767 | +189% |
| Gross operating margin | 9900 | €434,221 | €509,784 | +€75,562 | +17.4% |
| Operating profit (loss) | 9901 | €241,161 | €348,605 | +€107,444 | +44.6% |
| Financial income | 75/76B | €901 | €670 | -€231 | -25.6% |
| Recurring financial income | 75 | €901 | €670 | -€231 | -25.6% |
| Financial charges | 65/66B | €16,949 | €34,947 | +€17,998 | +106% |
| Recurring financial charges | 65 | €16,949 | €34,947 | +€17,998 | +106% |
| Profit (loss) for the period before taxes | 9903 | €225,113 | €314,328 | +€89,215 | +39.6% |
| Income taxes | 67/77 | €70,449 | €103,823 | +€33,374 | +47.4% |
| Profit (loss) for the period | 9904 | €154,664 | €210,505 | +€55,840 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €154,664 | €210,505 | +€55,840 | +36.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.