Aenodo: 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.
Aenodo
Largest movements
- Cash +€71,214
up €71,214 (+60.1%), from €118,461 to €189,676
mainly Net result for the year (+€85,622) and Provisions (+€5,078)
- Receivables within one year +€17,557
up €17,557 (+29.5%), from €59,463 to €77,020
of which Other amounts receivable: +€21,127
- Profit (loss) carried forward +€84,789
up €84,789 (+85.1%), from €99,633 to €184,422
- Provisions +€5,078
up €5,078 (+22.2%), from €22,825 to €27,903
- Gross operating margin +€23,604
up €23,604 (+19.9%), from €118,778 to €142,382
- Taxes +€5,613
up €5,613 (+29.3%), from €19,186 to €24,799
- Provisions +€4,170
up €4,170 (+459.6%), from €907 to €5,078
- Financial charges -€1,495
down €1,495 (-5.6%), from €26,583 to €25,088
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 | €185,752 | €274,389 | +€88,637 | +47.7% |
| Fixed assets | 21/28 | €7,827 | €7,221 | -€607 | -7.7% |
| Tangible fixed assets | 22/27 | €7,827 | €7,221 | -€607 | -7.7% |
| Furniture and vehicles | 24 | €3,730 | €3,605 | -€125 | -3.4% |
| Other tangible fixed assets | 26 | €4,097 | €3,616 | -€481 | -11.7% |
| Current assets | 29/58 | €177,924 | €267,168 | +€89,244 | +50.2% |
| Amounts receivable within one year | 40/41 | €59,463 | €77,020 | +€17,557 | +29.5% |
| Trade receivables | 40 | €16,357 | €12,788 | -€3,569 | -21.8% |
| Other amounts receivable | 41 | €43,106 | €64,232 | +€21,127 | +49.0% |
| Cash at bank and in hand | 54/58 | €118,461 | €189,676 | +€71,214 | +60.1% |
| Deferred charges and accrued income | 490/1 | - | €472 | +€472 | |
| Total equity and liabilities | 10/49 | €185,752 | €274,389 | +€88,637 | +47.7% |
| Equity | 10/15 | €159,633 | €244,422 | +€84,789 | +53.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,000 | €57,000 | = | 0.0% |
| Distributable reserves | 133 | €57,000 | €57,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,633 | €184,422 | +€84,789 | +85.1% |
| Provisions and deferred taxes | 16 | €22,825 | €27,903 | +€5,078 | +22.2% |
| Provisions for liabilities and charges | 160/5 | €22,825 | €27,903 | +€5,078 | +22.2% |
| Other liabilities and charges | 164/5 | €22,825 | €27,903 | +€5,078 | +22.2% |
| Amounts payable | 17/49 | €3,293 | €2,064 | -€1,229 | -37.3% |
| Amounts payable within one year | 42/48 | €3,293 | €2,064 | -€1,229 | -37.3% |
| Trade debts | 44 | - | €74 | +€74 | |
| Suppliers | 440/4 | - | €74 | +€74 | |
| Taxes, remuneration and social security | 45 | €2,691 | €1,324 | -€1,368 | -50.8% |
| Taxes | 450/3 | €2,691 | €1,324 | -€1,368 | -50.8% |
| Other amounts payable | 47/48 | €601 | €666 | +€65 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €878 | €1,704 | +€827 | +94.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €907 | €5,078 | +€4,170 | +459.6% |
| Other operating charges | 640/8 | - | €93 | +€93 | |
| Gross operating margin | 9900 | €118,778 | €142,382 | +€23,604 | +19.9% |
| Operating profit (loss) | 9901 | €116,993 | €135,507 | +€18,514 | +15.8% |
| Financial income | 75/76B | €67 | €2 | -€65 | -96.8% |
| Recurring financial income | 75 | €67 | €2 | -€65 | -96.8% |
| Financial charges | 65/66B | €26,583 | €25,088 | -€1,495 | -5.6% |
| Recurring financial charges | 65 | €26,583 | €25,088 | -€1,495 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €90,477 | €110,421 | +€19,944 | +22.0% |
| Income taxes | 67/77 | €19,186 | €24,799 | +€5,613 | +29.3% |
| Profit (loss) for the period | 9904 | €71,291 | €85,622 | +€14,331 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,291 | €85,622 | +€14,331 | +20.1% |
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 12 October 2026 via checked.be.