ANNAVI
Dissolved and wound up on 24-04-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-04-2026 PDF all 3 filings
Turnover
≈ €180,000
Estimated: probably between €110,000 and €330,000
Total assets
€20,020▼ 63.9%
2024 · €55,464
Net result
€7,999
2024 · -€11,727
Working capital
€8,658
2024 · -€28,715
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€10,725
2025
20232025
Net result
€7,999
2025
20232025
Equity
€8,658
▲ 13×
2025
20232025
Total assets
€20,020
▼ 63.9%
2025
20232025
Debt
€11,362
▼ 79.3%
2025
20232025
Working capital
€8,658
2025
20232025
Staff (FTE)
1
=
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€2,994--€11,249€10,725
Net result€2,386--€11,727€7,999
Equity€12,386-€659▼ 94.7%€8,658▲ 13×
Total assets€58,534-€55,464▼ 5.2%€20,020▼ 63.9%
Debt€46,148-€54,805▲ 18.8%€11,362▼ 79.3%
Working capital-€13,019--€28,715▼ 121%€8,658
Staff (FTE)1-1=1=
The operating result for 2025 is a profit of €10,725, after a loss of €11,249 in 2024. It is the highest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €20,020
Equity
€8,658 ▲ 13×
Debt
€11,362 ▼ 79.3%
Debt's share of the balance-sheet total falls from 98.8% to 56.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13,682▲
2024 · -€4,342
Cash flow
€10,956▲
2024 · -€4,820
Current ratio
1.76▲
2024 · 0.48
Debt to equity
1.31
ROE
92.4%
ROA
40.0%▲
2024 · -21.1%
Interest coverage
5.37▲
2024 · -5.23
Debt ≤ 1 year
€11,362▼
2024 · €54,805
Income taxes
€473▲
2024 · €0
Staff costs
€20,363▼
2024 · €43,420
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| part-time | 0 | 0 | 0 |
| in full-time equivalents | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 |
| On a permanent contract | 1 | 1 | 1 |
| Joined | 1 | 5 | 2 |
| Left | 0 | 5 | 2 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €24,128 | €10,387 | €7,314 |
| Intangible fixed assets | €1,774 | - | - |
| Financial fixed assets | - | - | €0 |
| Depreciation and write-downs of the year | €2,365 | €6,907 | €2,957 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €23,393 | - |
| Remuneration, social security and pensions62 | €13,682 | €43,420 | €20,363 | ▼ 53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,365 | €6,907 | €2,957 | ▼ 57.2% |
| Other operating charges640/8 | €862 | €4,286 | €11,097 | ▲ 159% |
| Gross operating margin9900 | €19,903 | €43,364 | €45,142 | ▲ 4.1% |
| Operating profit (loss)9901 | €2,994 | -€11,249 | €10,725 | - |
| Financial income75/76B | €218 | €352 | €293 | ▼ 16.8% |
| Recurring financial income75 | €218 | €352 | €293 | ▼ 16.8% |
| Financial charges65/66B | €162 | €830 | €2,546 | ▲ 207% |
| Recurring financial charges65 | €162 | €830 | €2,546 | ▲ 207% |
| Profit (loss) for the period before taxes9903 | €3,050 | -€11,727 | €8,472 | - |
| Income taxes67/77 | €664 | €0 | €473 | - |
| Profit (loss) for the period9904 | €2,386 | -€11,727 | €7,999 | - |
| Profit (loss) for the period to be appropriated9905 | €2,386 | -€11,727 | €7,999 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €58,534 | €55,464 | €20,020 | ▼ 63.9% |
| Formation expenses20 | €2,090 | €1,619 | €0 | ▼ 100% |
| Fixed assets21/28 | €23,804 | €27,755 | €0 | ▼ 100% |
| Intangible fixed assets21 | €1,693 | €1,338 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €22,111 | €26,417 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €20,950 | €20,793 | €0 | ▼ 100% |
| Furniture and vehicles24 | €1,161 | €5,624 | €0 | ▼ 100% |
| Current assets29/58 | €32,640 | €26,090 | €20,020 | ▼ 23.3% |
| Stocks and contracts in progress3 | €9,205 | €9,512 | €0 | ▼ 100% |
| Stocks30/36 | €9,205 | €9,512 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €1,613 | €8,126 | €13,890 | ▲ 70.9% |
| Trade receivables40 | €1,550 | €8,126 | €5,695 | ▼ 29.9% |
| Other amounts receivable41 | €63 | €0 | €8,195 | - |
| Cash at bank and in hand54/58 | €21,056 | €5,140 | €6,130 | ▲ 19.3% |
| Deferred charges and accrued income490/1 | €765 | €3,311 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €58,534 | €55,464 | €20,020 | ▼ 63.9% |
| Equity10/15 | €12,386 | €659 | €8,658 | ▲ 13× |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €2,386 | -€9,341 | -€1,342 | ▲ 85.6% |
| Amounts payable17/49 | €46,148 | €54,805 | €11,362 | ▼ 79.3% |
| Amounts payable after more than one year17 | €490 | €0 | - | - |
| Financial debts170/4 | €490 | €0 | - | - |
| Amounts payable within one year42/48 | €45,658 | €54,805 | €11,362 | ▼ 79.3% |
| Current portion of amounts payable after more than one year42 | €735 | €490 | €0 | ▼ 100% |
| Trade debts44 | €5,031 | €7,116 | €8,600 | ▲ 20.9% |
| Suppliers440/4 | €5,031 | €7,116 | €8,600 | ▲ 20.9% |
| Advances received on contracts in progress46 | €792 | €1,883 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €3,048 | €9,849 | €2,762 | ▼ 72.0% |
| Taxes450/3 | €2,052 | €4,113 | €1,063 | ▼ 74.2% |
| Remuneration and social security454/9 | €996 | €5,737 | €1,698 | ▼ 70.4% |
| Other amounts payable47/48 | €36,053 | €35,467 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,386 | -€11,727 | €7,999 | - |
| + Depreciation and write-downs630 | €2,365 | €6,907 | €2,957 | ▼ 57.2% |
| Operating cash flow (approximation) | €4,751 | -€4,820 | €10,956 | - |
| Investment in fixed assets (approximation) | - | -€10,858 | €24,798 | - |
| Change in cash | - | -€15,916 | €990 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.