TX BENELUX: 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.
TX BENELUX
Largest movements
- Receivables within one year +€409,106
up €409,106 (+42.4%), from €964,576 to €1.4m
of which Other amounts receivable: +€296,552
- Intangible fixed assets -€16,500
down €16,500 (-33.8%), from €48,779 to €32,279
- Other debts +€351,063
up €351,063 (+38.9%), from €903,500 to €1.3m
- Trade debts +€62,812
up €62,812 (+139%), from €45,082 to €107,894
- Tax, wage and social debts -€18,036
down €18,036 (-62.4%), from €28,918 to €10,883
- Write-downs +€36,437
new in 2025: €36,437
- Depreciation +€15,279
up €15,279 (+1,252%), from €1,221 to €16,500
- Gross operating margin -€7,494
down €7,494 (-20.3%), from €36,877 to €29,383
- Taxes -€7,214
down €7,214 (-80.7%), from €8,938 to €1,725
- Financial charges +€1,733
up €1,733 (+107%), from €1,620 to €3,353
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 | €1,018,786 | €1,414,971 | +€396,185 | +38.9% |
| Fixed assets | 21/28 | €48,779 | €32,279 | -€16,500 | -33.8% |
| Intangible fixed assets | 21 | €48,779 | €32,279 | -€16,500 | -33.8% |
| Current assets | 29/58 | €970,007 | €1,382,692 | +€412,685 | +42.5% |
| Amounts receivable within one year | 40/41 | €964,576 | €1,373,682 | +€409,106 | +42.4% |
| Trade receivables | 40 | €926,304 | €1,038,858 | +€112,555 | +12.2% |
| Other amounts receivable | 41 | €38,272 | €334,824 | +€296,552 | +775% |
| Cash at bank and in hand | 54/58 | €5,431 | €9,010 | +€3,579 | +65.9% |
| Total equity and liabilities | 10/49 | €1,018,786 | €1,414,971 | +€396,185 | +38.9% |
| Equity | 10/15 | €41,286 | €41,286 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,881 | €20,881 | = | 0.0% |
| Amounts payable | 17/49 | €977,500 | €1,373,686 | +€396,185 | +40.5% |
| Amounts payable within one year | 42/48 | €977,500 | €1,373,340 | +€395,840 | +40.5% |
| Trade debts | 44 | €45,082 | €107,894 | +€62,812 | +139% |
| Suppliers | 440/4 | €45,082 | €107,894 | +€62,812 | +139% |
| Taxes, remuneration and social security | 45 | €28,918 | €10,883 | -€18,036 | -62.4% |
| Taxes | 450/3 | €28,918 | €10,883 | -€18,036 | -62.4% |
| Other amounts payable | 47/48 | €903,500 | €1,254,563 | +€351,063 | +38.9% |
| Accrued charges and deferred income | 492/3 | - | €346 | +€346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,221 | €16,500 | +€15,279 | +1,252% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €36,437 | +€36,437 | |
| Other operating charges | 640/8 | €2,497 | €1,836 | -€661 | -26.5% |
| Gross operating margin | 9900 | €36,877 | €29,383 | -€7,494 | -20.3% |
| Operating profit (loss) | 9901 | €33,159 | -€25,390 | -€58,549 | |
| Financial income | 75/76B | €667 | €1,241 | +€574 | +86.0% |
| Recurring financial income | 75 | €667 | €1,241 | +€574 | +86.0% |
| Financial charges | 65/66B | €1,620 | €3,353 | +€1,733 | +107% |
| Recurring financial charges | 65 | €1,620 | €3,353 | +€1,733 | +107% |
| Profit (loss) for the period before taxes | 9903 | €32,206 | -€27,502 | -€59,708 | |
| Income taxes | 67/77 | €8,938 | €1,725 | -€7,214 | -80.7% |
| Profit (loss) for the period | 9904 | €23,268 | -€29,227 | -€52,495 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,268 | -€29,227 | -€52,495 |
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 28 October 2026 via checked.be.