Aendenboom Projects: 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.
Aendenboom Projects
Largest movements
- Cash -€15,456
down €15,456 (-11.2%), from €137,829 to €122,374
mainly Contributions, distributions and other (-€235,000) and Stocks and contracts (-€13,750)
- Stocks and contracts +€13,750
up €13,750 (+104.6%), from €13,149 to €26,899
- Receivables within one year -€8,246
down €8,246 (-18.9%), from €43,560 to €35,314
of which Trade receivables: -€11,239
- Profit (loss) carried forward -€157,421
down €157,421 (-98.6%), from €159,698 to €2,277
- Other debts +€128,909
new in 2025: €128,909
- Tax, wage and social debts +€14,459
up €14,459 (+43.7%), from €33,079 to €47,539
of which Taxes: +€17,987
- Trade debts +€4,823
up €4,823 (+215.4%), from €2,239 to €7,062
- Gross operating margin -€4,285
down €4,285 (-3.8%), from €111,692 to €107,407
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.
Cash bridge derived
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 | €197,017 | €187,787 | -€9,230 | -4.7% |
| Fixed assets | 21/28 | €2,479 | €3,200 | +€721 | +29.1% |
| Tangible fixed assets | 22/27 | €2,479 | €3,200 | +€721 | +29.1% |
| Plant, machinery and equipment | 23 | €2,479 | €1,653 | -€826 | -33.3% |
| Furniture and vehicles | 24 | - | €1,547 | +€1,547 | |
| Current assets | 29/58 | €194,538 | €184,587 | -€9,951 | -5.1% |
| Stocks and contracts in progress | 3 | €13,149 | €26,899 | +€13,750 | +104.6% |
| Stocks | 30/36 | €13,149 | €26,899 | +€13,750 | +104.6% |
| Amounts receivable within one year | 40/41 | €43,560 | €35,314 | -€8,246 | -18.9% |
| Trade receivables | 40 | €43,560 | €32,321 | -€11,239 | -25.8% |
| Other amounts receivable | 41 | - | €2,993 | +€2,993 | |
| Cash at bank and in hand | 54/58 | €137,829 | €122,374 | -€15,456 | -11.2% |
| Total equity and liabilities | 10/49 | €197,017 | €187,787 | -€9,230 | -4.7% |
| Equity | 10/15 | €161,698 | €4,277 | -€157,421 | -97.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,698 | €2,277 | -€157,421 | -98.6% |
| Amounts payable | 17/49 | €35,319 | €183,510 | +€148,191 | +419.6% |
| Amounts payable within one year | 42/48 | €35,319 | €183,510 | +€148,191 | +419.6% |
| Trade debts | 44 | €2,239 | €7,062 | +€4,823 | +215.4% |
| Suppliers | 440/4 | €2,239 | €7,062 | +€4,823 | +215.4% |
| Taxes, remuneration and social security | 45 | €33,079 | €47,539 | +€14,459 | +43.7% |
| Taxes | 450/3 | €29,552 | €47,539 | +€17,987 | +60.9% |
| Remuneration and social security | 454/9 | €3,528 | - | -€3,528 | |
| Other amounts payable | 47/48 | - | €128,909 | +€128,909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826 | €1,600 | +€774 | +93.6% |
| Other operating charges | 640/8 | €783 | €1,162 | +€379 | +48.3% |
| Non-recurring operating charges | 66A | €981 | €804 | -€178 | -18.1% |
| Gross operating margin | 9900 | €111,692 | €107,407 | -€4,285 | -3.8% |
| Operating profit (loss) | 9901 | €109,101 | €103,841 | -€5,260 | -4.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,152 | €1,755 | +€603 | +52.4% |
| Recurring financial charges | 65 | €1,152 | €1,755 | +€603 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €107,949 | €102,086 | -€5,863 | -5.4% |
| Income taxes | 67/77 | €24,092 | €24,507 | +€415 | +1.7% |
| Profit (loss) for the period | 9904 | €83,857 | €77,579 | -€6,278 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,857 | €77,579 | -€6,278 | -7.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.