TW STORE: what changed
What changed
TW STORE
NACE 13.921, Manufacture of textiles
filed annual accounts (NBB)
Net result for the year
-€40,334
2024 · €113,351-€153,685
Equity
€1.8m
2024 · €2.0m-€233,827
Cash
€1.8m
2024 · €1.9m-€126,979
Balance sheet total
€2.5m
2024 · €2.7m-€214,583
Largest movements
Assets
- Cash -€126,979
down €126,979 (-6.7%), from €1.9m to €1.8m
mainly Contributions, distributions and other (-€193,494) and Net result for the year (-€40,334)
- Tangible fixed assets -€57,098
down €57,098 (-7.4%), from €772,234 to €715,136
of which Land and buildings: -€57,848
- Receivables within one year -€30,291
down €30,291 (-67.8%), from €44,663 to €14,372
of which Trade receivables: -€16,847
Equity and liabilities
- Reserves -€233,827
down €233,827 (-11.5%), from €2.0m to €1.8m
of which Distributable reserves: -€227,541
- Other debts +€64,700
up €64,700 (+49.9%), from €129,596 to €194,296
- Tax, wage and social debts -€31,137
down €31,137 (-97.5%), from €31,939 to €803
of which Taxes: -€31,137
Income statement
- Gross operating margin -€216,371
down €216,371 (-86.1%), from €251,361 to €34,990
- Depreciation -€25,549
down €25,549 (-25.2%), from €101,276 to €75,727
- Taxes -€17,357
down €17,357 (-98.1%), from €17,699 to €342
- Financial income -€4,097
down €4,097 (-26.8%), from €15,266 to €11,169
- Other operating charges +€3,109
up €3,109 (+44.6%), from €6,977 to €10,086
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
€113,351
Gross operating margin
-€216,371
Staff costs
-€262
Depreciation
+€25,549
Other operating charges
-€3,109
Financial income
-€4,097
Financial charges
+€1,565
Taxes
+€17,357
Deferred taxes and other
+€25,682
Result 2025
-€40,334
raises the resultlowers the resultnot broken down further in the accounts
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
+€108,569
Investment
-€18,629
Financing
-€216,919
Cash 2024
€1.9m
From operations (derived)
+€108,569
Net result for the year
-€40,334
Depreciation
+€75,727
Receivables within one year
+€30,291
Deferred charges and accrued income
+€215
Provisions
-€2,095
Trade debts
+€11,782
Tax, wage and social debts
-€31,137
Other debts
+€64,700
Accrued charges and deferred income
-€581
Investment (derived)
-€18,629
Investment in fixed assets (net)
-€18,629
Financing
-€216,919
Debts after one year
-€23,760
Current portion of long-term debt
+€335
Contributions, distributions and other
-€193,494
Cash 2025
€1.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,705,316 | €2,490,734 | -€214,583 | -7.9% |
| Fixed assets | 21/28 | €772,551 | €715,453 | -€57,098 | -7.4% |
| Tangible fixed assets | 22/27 | €772,234 | €715,136 | -€57,098 | -7.4% |
| Land and buildings | 22 | €763,460 | €705,612 | -€57,848 | -7.6% |
| Plant, machinery and equipment | 23 | €1,917 | €263 | -€1,654 | -86.3% |
| Furniture and vehicles | 24 | €6,857 | €9,261 | +€2,404 | +35.1% |
| Financial fixed assets | 28 | €317 | €317 | = | 0.0% |
| Current assets | 29/58 | €1,932,765 | €1,775,281 | -€157,485 | -8.1% |
| Amounts receivable within one year | 40/41 | €44,663 | €14,372 | -€30,291 | -67.8% |
| Trade receivables | 40 | €28,143 | €11,296 | -€16,847 | -59.9% |
| Other amounts receivable | 41 | €16,520 | €3,076 | -€13,444 | -81.4% |
| Cash at bank and in hand | 54/58 | €1,883,288 | €1,756,310 | -€126,979 | -6.7% |
| Deferred charges and accrued income | 490/1 | €4,814 | €4,599 | -€215 | -4.5% |
| Total equity and liabilities | 10/49 | €2,705,316 | €2,490,734 | -€214,583 | -7.9% |
| Equity | 10/15 | €2,046,270 | €1,812,442 | -€233,827 | -11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,027,670 | €1,793,842 | -€233,827 | -11.5% |
| Tax-exempt reserves | 132 | €1,039,780 | €1,033,494 | -€6,286 | -0.6% |
| Distributable reserves | 133 | €987,889 | €760,348 | -€227,541 | -23.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €346,593 | €344,498 | -€2,095 | -0.6% |
| Deferred taxes | 168 | €346,593 | €344,498 | -€2,095 | -0.6% |
| Amounts payable | 17/49 | €312,453 | €333,793 | +€21,340 | +6.8% |
| Amounts payable after more than one year | 17 | €113,820 | €90,060 | -€23,760 | -20.9% |
| Financial debts | 170/4 | €113,820 | €90,060 | -€23,760 | -20.9% |
| Amounts payable within one year | 42/48 | €193,459 | €239,139 | +€45,681 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €23,425 | €23,760 | +€335 | +1.4% |
| Trade debts | 44 | €8,498 | €20,281 | +€11,782 | +139% |
| Suppliers | 440/4 | €8,498 | €20,281 | +€11,782 | +139% |
| Taxes, remuneration and social security | 45 | €31,939 | €803 | -€31,137 | -97.5% |
| Taxes | 450/3 | €31,939 | €803 | -€31,137 | -97.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €129,596 | €194,296 | +€64,700 | +49.9% |
| Accrued charges and deferred income | 492/3 | €5,174 | €4,594 | -€581 | -11.2% |
| Non-recurring operating income | 76A | €100,000 | €0 | -€100,000 | -100% |
| Remuneration, social security and pensions | 62 | -€262 | €0 | +€262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,276 | €75,727 | -€25,549 | -25.2% |
| Other operating charges | 640/8 | €6,977 | €10,086 | +€3,109 | +44.6% |
| Gross operating margin | 9900 | €251,361 | €34,990 | -€216,371 | -86.1% |
| Operating profit (loss) | 9901 | €143,370 | -€50,823 | -€194,193 | |
| Financial income | 75/76B | €15,266 | €11,169 | -€4,097 | -26.8% |
| Recurring financial income | 75 | €15,266 | €11,169 | -€4,097 | -26.8% |
| Financial charges | 65/66B | €3,999 | €2,434 | -€1,565 | -39.1% |
| Recurring financial charges | 65 | €3,999 | €2,434 | -€1,565 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €154,637 | -€42,087 | -€196,724 | |
| Transfer from deferred taxes | 780 | €1,413 | €2,095 | +€682 | +48.3% |
| Transfer to deferred taxes | 680 | €25,000 | €0 | -€25,000 | -100% |
| Income taxes | 67/77 | €17,699 | €342 | -€17,357 | -98.1% |
| Profit (loss) for the period | 9904 | €113,351 | -€40,334 | -€153,685 | |
| Transfer from tax-exempt reserves | 789 | €4,239 | €6,286 | +€2,047 | +48.3% |
| Transfer to tax-exempt reserves | 689 | €75,000 | €0 | -€75,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €42,591 | -€34,048 | -€76,638 |
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 1 November 2026 via checked.be.