A2N: 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.
A2N
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€16,244
down €16,244 (-10.2%), from €158,628 to €142,384
- Profit (loss) carried forward +€14,465
up €14,465 (+3.4%), from €428,460 to €442,925
- Taxes -€3,179
down €3,179 (-38.3%), from €8,297 to €5,118
- Other operating charges -€3,062
down €3,062 (-76.0%), from €4,030 to €968
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 | €1,104,505 | €1,104,105 | -€400 | 0.0% |
| Fixed assets | 21/28 | €1,054,804 | €1,054,804 | = | 0.0% |
| Tangible fixed assets | 22/27 | €272 | €272 | = | 0.0% |
| Furniture and vehicles | 24 | €272 | €272 | = | 0.0% |
| Financial fixed assets | 28 | €1,054,532 | €1,054,532 | = | 0.0% |
| Current assets | 29/58 | €49,701 | €49,301 | -€400 | -0.8% |
| Amounts receivable within one year | 40/41 | €48,500 | €48,500 | = | 0.0% |
| Trade receivables | 40 | €48,500 | €48,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,201 | €801 | -€400 | -33.3% |
| Total equity and liabilities | 10/49 | €1,104,505 | €1,104,105 | -€400 | 0.0% |
| Equity | 10/15 | €457,875 | €472,340 | +€14,465 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,815 | €10,815 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,195 | €10,195 | = | 0.0% |
| Profit (loss) carried forward | 14 | €428,460 | €442,925 | +€14,465 | +3.4% |
| Provisions and deferred taxes | 16 | €480,496 | €477,792 | -€2,704 | -0.6% |
| Provisions for liabilities and charges | 160/5 | €480,496 | €477,792 | -€2,704 | -0.6% |
| Other liabilities and charges | 164/5 | €480,496 | €477,792 | -€2,704 | -0.6% |
| Amounts payable | 17/49 | €166,134 | €153,973 | -€12,161 | -7.3% |
| Amounts payable within one year | 42/48 | €166,134 | €153,973 | -€12,161 | -7.3% |
| Financial debts | 43 | €918 | €3,703 | +€2,785 | +303% |
| Credit institutions | 430/8 | €918 | €3,703 | +€2,785 | +303% |
| Trade debts | 44 | €1,056 | €0 | -€1,056 | -100% |
| Suppliers | 440/4 | €1,056 | €0 | -€1,056 | -100% |
| Taxes, remuneration and social security | 45 | €5,532 | €7,886 | +€2,354 | +42.6% |
| Taxes | 450/3 | €5,532 | €7,886 | +€2,354 | +42.6% |
| Other amounts payable | 47/48 | €158,628 | €142,384 | -€16,244 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | = | |
| Other operating charges | 640/8 | €4,030 | €968 | -€3,062 | -76.0% |
| Gross operating margin | 9900 | €54,117 | €54,544 | +€427 | +0.8% |
| Operating profit (loss) | 9901 | €50,087 | €53,576 | +€3,489 | +7.0% |
| Financial charges | 65/66B | €34,455 | €33,993 | -€462 | -1.3% |
| Recurring financial charges | 65 | €34,455 | €33,993 | -€462 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €15,632 | €19,583 | +€3,951 | +25.3% |
| Income taxes | 67/77 | €8,297 | €5,118 | -€3,179 | -38.3% |
| Profit (loss) for the period | 9904 | €7,335 | €14,465 | +€7,130 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,335 | €14,465 | +€7,130 | +97.2% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.