AnimAb (0747.674.614): financials and annual accounts

AnimAb

Ghent ·KBO/BCE: BE 0747.674.614

Line	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	3.5m	4.6m	4.1m	6.7m	3.6m
Fixed assets`21/28`	527,580	195,960	529,315	855,119	1.0m
Intangible fixed assets`21`	483,744	125,000	425,000	726,711	1.0m
Tangible fixed assets`22/27`	43,836	70,960	104,315	128,408	9,711
Plant, machinery and equipment`23`	40,482	64,948	97,398	120,090	9,711
Furniture and vehicles`24`	3,354	6,012	6,918	8,318	-
Current assets`29/58`	2.9m	4.4m	3.6m	5.8m	2.5m
Amounts receivable after more than one year`29`	569,196	401,589	234,935	114,322	206,375
Other amounts receivable`291`	569,196	401,589	234,935	114,322	206,375
Amounts receivable within one year`40/41`	532,109	341,479	118,508	271,754	416,479
Trade receivables`40`	375,000	84,351	0	473	31,398
Other amounts receivable`41`	157,109	257,128	118,508	271,281	385,081
Cash at bank and in hand`54/58`	1.8m	3.4m	3.2m	5.4m	1.9m
Deferred charges and accrued income`490/1`	14,535	210,061	11,181	0	13,915
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	3.5m	4.6m	4.1m	6.7m	3.6m
Equity`10/15`	2.8m	4.1m	3.7m	6.3m	2.9m
Contributions`10/11`	18.1m	14.1m	9.9m	9.9m	4.9m
Contributions outside capital`11`	-	-	-	-	4.9m
Other`1109/19`	-	-	-	-	4.9m
Profit (loss) carried forward`14`	-15.3m	-10.0m	-6.2m	-3.6m	-2.0m
Amounts payable`17/49`	708,878	529,256	444,015	368,111	645,848
Amounts payable within one year`42/48`	708,878	529,256	444,015	368,111	124,108
Trade debts`44`	627,722	465,239	404,563	322,736	92,597
Suppliers`440/4`	627,722	465,239	404,563	322,736	92,597
Taxes, remuneration and social security`45`	81,156	64,017	39,452	45,376	31,511
Taxes`450/3`	-	-	0	395	-
Remuneration and social security`454/9`	81,156	64,017	39,452	44,981	31,511
Accrued charges and deferred income`492/3`	-	-	-	0	521,740
Income statement
Gross operating margin`9900`	28,596	633,786	384,157	503,327	172,219
Remuneration, social security and pensions`62`	567,777	461,438	354,740	302,396	308,652
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	5.0m	4.1m	2.8m	1.9m	1.9m
Other operating charges`640/8`	1,709	1,258	305	467	1,247
Operating profit (loss)`9901`	-5.5m	-4.0m	-2.7m	-1.7m	-2.0m
Financial income`75/76B`	12	6	98	83	766
Recurring financial income`75`	12	6	98	83	766
Financial charges`65/66B`	20,292	7,372	2,254	9,026	9,601
Recurring financial charges`65`	20,292	7,372	2,254	9,026	9,601
Profit (loss) for the period before taxes`9903`	-5.5m	-4.0m	-2.7m	-1.7m	-2.0m
Income taxes`67/77`	-215,994	-164,856	-120,612	-65,935	-48,388
Profit (loss) for the period`9904`	-5.3m	-3.8m	-2.6m	-1.6m	-2.0m
Profit (loss) for the period to be appropriated`9905`	-5.3m	-3.8m	-2.6m	-1.6m	-2.0m
Appropriation of the result
Profit (loss) to be appropriated`9906`	-15.3m	-10.0m	-6.2m	-3.6m	-2.0m
Profit (loss) brought forward from the previous period`14P`	-10.0m	-6.2m	-3.6m	-2.0m	-
Social balance sheet
Average staff (FTE)`9087`	5.6	4.7	4.6	3.4	2.8
Hours worked`1013`	9,708	8,144	6,776	5,768	4,992
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	17-06-2026	2026-00182772	PDF
31-12-2024	abbreviated format	03-07-2025	2025-00234115	PDF
31-12-2023	abbreviated format	11-06-2024	2024-00121542	PDF
31-12-2022	micro format	31-05-2023	2023-00099416	PDF
31-12-2021	abbreviated format	09-06-2022	2022-20057003	PDF

Year	Entries	Awarded	Paid
2025	2	€0	€197,204
2024	1	€0	€393,000
2023	1	€983,204	€393,000

Line	2025	2024	2023	2022	2021
EBITDA	-540,890	171,090	29,112	200,464	-137,680
Cash flow	-345,176	328,580	147,568	257,456	-98,126
Investment in fixed assets	5.3m	3.8m	2.4m	1.7m	2.9m
Change in cash	-1.6m	215,118	-2.2m	3.5m	-
Working capital	2.2m	3.9m	3.1m	5.4m	2.4m
Solvency	79.6%	88.5%	89.2%	94.5%	81.9%
Current ratio	4.15	8.31	8.09	15.80	20.45
Debt to equity	0.26	0.13	0.12	0.06	0.22
ROE	-192.1%	-93.9%	-71.4%	-25.8%	-67.2%
ROA	-152.9%	-83.1%	-63.7%	-24.4%	-55.0%
Interest coverage	-26.66	23.21	12.91	22.21	-14.34

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	6	6	4	5	3
full-time	5	6	4	5	3
part-time	1	0	0	0	-
in full-time equivalents	5.8	6	4	5	3
Average over the year, in full-time equivalents	5.6	4.7	4.6	2.2	2.8
On a permanent contract	6	6	4	5	3
Joined	1	4	0	2	3
Left	1	2	1	0	0

AnimAb

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency79.6%

Current ratio4.15

Return on assets-152.9%

Staff

Staff cost per FTE€101,389

Joined and left+0

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2025, 4 entries, €983,204 awarded, €983,204 paid

Key figures and ratios

Social balance sheet

Investments

Insights on AnimAb

Next steps

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€8,000	€1,688	€12,827	€143,901	€13,345
Intangible fixed assets	€5.3m	€3.8m	€2.4m	€1.6m	€2.9m
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€5.0m	€4.1m	€2.8m	€1.9m	€1.9m