A-Nash-thetic: 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.
A-Nash-thetic
Largest movements
- Receivables within one year +€147,288
up €147,288 (+151%), from €97,733 to €245,021
- Cash -€33,887
down €33,887 (-62.3%), from €54,377 to €20,490
mainly Receivables within one year (-€147,288) and Deferred charges and accrued income (-€32,731)
- Deferred charges and accrued income +€32,731
up €32,731 (+21.6%), from €151,527 to €184,258
- Tangible fixed assets -€8,655
down €8,655 (-8.4%), from €102,432 to €93,777
of which Furniture and vehicles: -€17,017
- Reserves +€153,281
up €153,281 (+49.1%), from €312,060 to €465,341
- Debts after one year -€19,987
down €19,987 (-36.1%), from €55,393 to €35,406
- Tax, wage and social debts +€8,940
up €8,940 (+138%), from €6,480 to €15,420
of which Taxes: +€14,940
- Gross operating margin +€62,955
up €62,955 (+37.1%), from €169,555 to €232,510
- Taxes +€15,687
up €15,687 (+49.1%), from €31,923 to €47,610
- Depreciation +€3,962
up €3,962 (+14.9%), from €26,581 to €30,543
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 | €406,820 | €544,297 | +€137,477 | +33.8% |
| Fixed assets | 21/28 | €103,182 | €94,527 | -€8,655 | -8.4% |
| Tangible fixed assets | 22/27 | €102,432 | €93,777 | -€8,655 | -8.4% |
| Plant, machinery and equipment | 23 | €8,240 | €16,602 | +€8,362 | +101% |
| Furniture and vehicles | 24 | €94,192 | €77,176 | -€17,017 | -18.1% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €303,638 | €449,769 | +€146,132 | +48.1% |
| Amounts receivable within one year | 40/41 | €97,733 | €245,021 | +€147,288 | +151% |
| Other amounts receivable | 41 | €97,733 | €245,021 | +€147,288 | +151% |
| Cash at bank and in hand | 54/58 | €54,377 | €20,490 | -€33,887 | -62.3% |
| Deferred charges and accrued income | 490/1 | €151,527 | €184,258 | +€32,731 | +21.6% |
| Total equity and liabilities | 10/49 | €406,820 | €544,297 | +€137,477 | +33.8% |
| Equity | 10/15 | €315,060 | €468,341 | +€153,281 | +48.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €312,060 | €465,341 | +€153,281 | +49.1% |
| Distributable reserves | 133 | €312,060 | €465,341 | +€153,281 | +49.1% |
| Amounts payable | 17/49 | €91,760 | €75,955 | -€15,805 | -17.2% |
| Amounts payable after more than one year | 17 | €55,393 | €35,406 | -€19,987 | -36.1% |
| Financial debts | 170/4 | €55,393 | €35,406 | -€19,987 | -36.1% |
| Amounts payable within one year | 42/48 | €36,368 | €40,550 | +€4,182 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €19,811 | €19,987 | +€176 | +0.9% |
| Trade debts | 44 | €8,957 | €5,142 | -€3,815 | -42.6% |
| Suppliers | 440/4 | €8,957 | €5,142 | -€3,815 | -42.6% |
| Taxes, remuneration and social security | 45 | €6,480 | €15,420 | +€8,940 | +138% |
| Taxes | 450/3 | €480 | €15,420 | +€14,940 | +3,113% |
| Remuneration and social security | 454/9 | €6,000 | - | -€6,000 | |
| Other amounts payable | 47/48 | €1,120 | - | -€1,120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,581 | €30,543 | +€3,962 | +14.9% |
| Other operating charges | 640/8 | €200 | €285 | +€85 | +42.5% |
| Gross operating margin | 9900 | €169,555 | €232,510 | +€62,955 | +37.1% |
| Operating profit (loss) | 9901 | €142,774 | €201,682 | +€58,908 | +41.3% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €899 | €797 | -€102 | -11.3% |
| Recurring financial charges | 65 | €899 | €797 | -€102 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €141,875 | €200,891 | +€59,017 | +41.6% |
| Income taxes | 67/77 | €31,923 | €47,610 | +€15,687 | +49.1% |
| Profit (loss) for the period | 9904 | €109,952 | €153,281 | +€43,329 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €109,952 | €153,281 | +€43,329 | +39.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.