UNITED WOOL SPINNERS: what changed
What changed
UNITED WOOL SPINNERS
NACE 13.100, Manufacture of textiles
not consecutivefiled annual accounts (NBB)
Net result for the year
€279,207
2024 · €42,000+€237,207
Equity
€6.8m
2024 · €6.7m+€29,207
Cash
€69,173
2024 · €103,967-€34,794
Balance sheet total
€16.1m
2024 · €14.9m+€1.2m
Largest movements
Assets
- Financial fixed assets +€1.5m
up €1.5m (+11.6%), from €13.2m to €14.7m
- Receivables within one year -€269,063
down €269,063 (-44.8%), from €600,541 to €331,478
of which Other amounts receivable: -€210,602
Equity and liabilities
- Other debts +€1.3m
up €1.3m (+17.2%), from €7.3m to €8.6m
- Debts after one year -€350,000
down €350,000 (-65.6%), from €533,333 to €183,333
- Short-term financial debts +€350,000
new in 2025: €350,000
Income statement
- Turnover +€339,372
up €339,372 (+283%), from €119,952 to €459,324
- Services and other goods +€72,722
up €72,722 (+649%), from €11,208 to €83,930
- Staff costs +€45,310
up €45,310 (+65.7%), from €68,935 to €114,245
- Financial income +€19,909
up €19,909 (+70.6%), from €28,186 to €48,096
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
€42,000
Turnover
+€339,372
Other operating income
+€224
Services and other goods
-€72,722
Staff costs
-€45,310
Other operating charges
-€670
Financial income
+€19,909
Financial charges
-€1,600
Taxes
-€1,997
Result 2025
€279,207
raises the resultlowers the result
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,882,466 | €16,062,749 | +€1.2m | +7.9% |
| Fixed assets | 21/28 | €13,177,959 | €14,712,098 | +€1.5m | +11.6% |
| Financial fixed assets | 28 | €13,177,959 | €14,712,098 | +€1.5m | +11.6% |
| Affiliated companies | 280/1 | €13,177,959 | €14,712,098 | +€1.5m | +11.6% |
| Participating interests | 280 | €13,177,959 | €14,712,098 | +€1.5m | +11.6% |
| Current assets | 29/58 | €1,704,507 | €1,350,651 | -€353,856 | -20.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €600,541 | €331,478 | -€269,063 | -44.8% |
| Trade receivables | 40 | €67,662 | €9,202 | -€58,460 | -86.4% |
| Other amounts receivable | 41 | €532,878 | €322,276 | -€210,602 | -39.5% |
| Current investments | 50/53 | €1,000,000 | €950,000 | -€50,000 | -5.0% |
| Other investments | 51/53 | €1,000,000 | €950,000 | -€50,000 | -5.0% |
| Cash at bank and in hand | 54/58 | €103,967 | €69,173 | -€34,794 | -33.5% |
| Total equity and liabilities | 10/49 | €14,882,466 | €16,062,749 | +€1.2m | +7.9% |
| Equity | 10/15 | €6,732,913 | €6,762,120 | +€29,207 | +0.4% |
| Contributions | 10/11 | €2,160,000 | €2,160,000 | = | 0.0% |
| Capital | 10 | €2,160,000 | €2,160,000 | = | 0.0% |
| Issued capital | 100 | €2,160,000 | €2,160,000 | = | 0.0% |
| Reserves | 13 | €216,000 | €216,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €216,000 | €216,000 | = | 0.0% |
| Legal reserve | 130 | €216,000 | €216,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,356,913 | €4,386,120 | +€29,207 | +0.7% |
| Amounts payable | 17/49 | €8,149,553 | €9,300,629 | +€1.2m | +14.1% |
| Amounts payable after more than one year | 17 | €533,333 | €183,333 | -€350,000 | -65.6% |
| Financial debts | 170/4 | €533,333 | €183,333 | -€350,000 | -65.6% |
| Credit institutions | 173 | €533,333 | €183,333 | -€350,000 | -65.6% |
| Amounts payable within one year | 42/48 | €7,616,220 | €9,117,296 | +€1.5m | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 43 | - | €350,000 | +€350,000 | |
| Credit institutions | 430/8 | - | €350,000 | +€350,000 | |
| Trade debts | 44 | €102,669 | €8,055 | -€94,615 | -92.2% |
| Suppliers | 440/4 | €102,669 | €8,055 | -€94,615 | -92.2% |
| Taxes, remuneration and social security | 45 | €17,239 | €9,241 | -€7,998 | -46.4% |
| Taxes | 450/3 | €1,680 | €282 | -€1,398 | -83.2% |
| Remuneration and social security | 454/9 | €15,559 | €8,960 | -€6,600 | -42.4% |
| Other amounts payable | 47/48 | €7,296,311 | €8,550,000 | +€1.3m | +17.2% |
| Operating income | 70/76A | €120,297 | €459,893 | +€339,596 | +282% |
| Turnover | 70 | €119,952 | €459,324 | +€339,372 | +283% |
| Other operating income | 74 | €345 | €570 | +€224 | +65.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €81,319 | €200,021 | +€118,702 | +146% |
| Services and other goods | 61 | €11,208 | €83,930 | +€72,722 | +649% |
| Remuneration, social security and pensions | 62 | €68,935 | €114,245 | +€45,310 | +65.7% |
| Other operating charges | 640/8 | €1,175 | €1,845 | +€670 | +57.0% |
| Operating profit (loss) | 9901 | €38,978 | €259,872 | +€220,894 | +567% |
| Financial income | 75/76B | €28,186 | €48,096 | +€19,909 | +70.6% |
| Recurring financial income | 75 | €28,186 | €48,096 | +€19,909 | +70.6% |
| Income from current assets | 751 | €28,186 | €46,592 | +€18,406 | +65.3% |
| Other financial income | 752/9 | - | €1,503 | +€1,503 | |
| Financial charges | 65/66B | €16,840 | €18,440 | +€1,600 | +9.5% |
| Recurring financial charges | 65 | €16,840 | €18,440 | +€1,600 | +9.5% |
| Debt charges | 650 | €14,837 | €17,100 | +€2,264 | +15.3% |
| Other financial charges | 652/9 | €2,004 | €1,340 | -€664 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €50,325 | €289,528 | +€239,204 | +475% |
| Income taxes | 67/77 | €8,325 | €10,322 | +€1,997 | +24.0% |
| Taxes | 670/3 | €8,325 | €10,322 | +€1,997 | +24.0% |
| Profit (loss) for the period | 9904 | €42,000 | €279,207 | +€237,207 | +565% |
| Profit (loss) for the period to be appropriated | 9905 | €42,000 | €279,207 | +€237,207 | +565% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.