TEXTILES ALBERT: 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.
TEXTILES ALBERT
Largest movements
- Stocks and contracts -€25,792
down €25,792 (-55.7%), from €46,326 to €20,534
- Receivables within one year +€20,110
up €20,110 (+24.0%), from €83,653 to €103,763
- Tangible fixed assets -€7,887
no longer reported in 2024 (was €7,887)
of which Furniture and vehicles: -€7,232
- Cash -€5,018
down €5,018 (-15.9%), from €31,481 to €26,463
mainly Tax, wage and social debts (-€27,078) and Receivables within one year (-€20,110)
- Tax, wage and social debts -€27,078
down €27,078 (-51.8%), from €52,304 to €25,227
of which Remuneration and social security: -€29,557
- Trade debts +€6,338
up €6,338 (+10.5%), from €60,268 to €66,607
- Profit (loss) carried forward +€2,221
up €2,221 (+29.6%), from -€7,509 to -€5,288
- Staff costs -€51,421
down €51,421, from €39,581 to -€11,841
- Gross operating margin -€42,563
down €42,563 (-84.8%), from €50,181 to €7,617
- Other operating charges +€5,687
up €5,687 (+6185.9%), from €92 to €5,779
- Depreciation +€3,552
up €3,552 (+82.0%), from €4,335 to €7,887
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,526 | €151,007 | -€18,519 | -10.9% |
| Fixed assets | 21/28 | €7,887 | - | -€7,887 | |
| Tangible fixed assets | 22/27 | €7,887 | - | -€7,887 | |
| Land and buildings | 22 | €655 | - | -€655 | |
| Furniture and vehicles | 24 | €7,232 | - | -€7,232 | |
| Current assets | 29/58 | €161,639 | €151,007 | -€10,632 | -6.6% |
| Stocks and contracts in progress | 3 | €46,326 | €20,534 | -€25,792 | -55.7% |
| Stocks | 30/36 | €46,326 | €20,534 | -€25,792 | -55.7% |
| Amounts receivable within one year | 40/41 | €83,653 | €103,763 | +€20,110 | +24.0% |
| Trade receivables | 40 | €83,653 | €103,763 | +€20,110 | +24.0% |
| Cash at bank and in hand | 54/58 | €31,481 | €26,463 | -€5,018 | -15.9% |
| Deferred charges and accrued income | 490/1 | €179 | €247 | +€68 | +38.2% |
| Total equity and liabilities | 10/49 | €169,526 | €151,007 | -€18,519 | -10.9% |
| Equity | 10/15 | €56,953 | €59,174 | +€2,221 | +3.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €44,462 | €44,462 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,895 | €18,895 | = | 0.0% |
| Distributable reserves | 133 | €25,567 | €25,567 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,509 | -€5,288 | +€2,221 | +29.6% |
| Amounts payable | 17/49 | €112,573 | €91,833 | -€20,740 | -18.4% |
| Amounts payable within one year | 42/48 | €112,573 | €91,833 | -€20,740 | -18.4% |
| Trade debts | 44 | €60,268 | €66,607 | +€6,338 | +10.5% |
| Suppliers | 440/4 | €60,268 | €66,607 | +€6,338 | +10.5% |
| Taxes, remuneration and social security | 45 | €52,304 | €25,227 | -€27,078 | -51.8% |
| Taxes | 450/3 | €21,203 | €23,682 | +€2,479 | +11.7% |
| Remuneration and social security | 454/9 | €31,101 | €1,544 | -€29,557 | -95.0% |
| Remuneration, social security and pensions | 62 | €39,581 | -€11,841 | -€51,421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,335 | €7,887 | +€3,552 | +82.0% |
| Other operating charges | 640/8 | €92 | €5,779 | +€5,687 | +6185.9% |
| Gross operating margin | 9900 | €50,181 | €7,617 | -€42,563 | -84.8% |
| Operating profit (loss) | 9901 | €6,174 | €5,793 | -€381 | -6.2% |
| Financial charges | 65/66B | €665 | €576 | -€90 | -13.5% |
| Recurring financial charges | 65 | €665 | €576 | -€90 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €5,508 | €5,217 | -€291 | -5.3% |
| Income taxes | 67/77 | €3,038 | €2,996 | -€42 | -1.4% |
| Profit (loss) for the period | 9904 | €2,470 | €2,221 | -€249 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,470 | €2,221 | -€249 | -10.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.