AN & HI: what changed
Two fiscal 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.
AN & HI
Largest movements
- Receivables within one year -€8,057
down €8,057 (-67.8%), from €11,882 to €3,826
of which Other amounts receivable: -€5,436
- Tangible fixed assets -€6,694
down €6,694 (-27.0%), from €24,753 to €18,058
of which Furniture and vehicles: -€4,430
- Cash +€6,426
up €6,426 (+139.9%), from €4,593 to €11,019
mainly Receivables within one year (+€8,057) and Depreciation (+€6,694)
- Deferred charges and accrued income +€921
up €921 (+57.2%), from €1,609 to €2,530
- Other debts -€4,992
down €4,992 (-18.0%), from €27,747 to €22,755
- Trade debts -€4,250
down €4,250 (-54.3%), from €7,832 to €3,582
- Tax, wage and social debts +€1,408
new in 2025: €1,408
of which Taxes: +€1,124
- Gross operating margin +€12,458
up €12,458 (+69.3%), from €17,977 to €30,435
- Staff costs +€5,827
up €5,827 (+44.1%), from €13,210 to €19,037
- Other operating charges +€3,424
up €3,424 (+1883.5%), from €182 to €3,606
- Depreciation +€1,314
up €1,314 (+24.4%), from €5,381 to €6,694
- Financial charges +€370
up €370 (+124.1%), from €298 to €669
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 | €48,888 | €41,483 | -€7,405 | -15.1% |
| Fixed assets | 21/28 | €30,803 | €24,108 | -€6,694 | -21.7% |
| Tangible fixed assets | 22/27 | €24,753 | €18,058 | -€6,694 | -27.0% |
| Furniture and vehicles | 24 | €17,072 | €12,642 | -€4,430 | -25.9% |
| Other tangible fixed assets | 26 | €7,681 | €5,416 | -€2,264 | -29.5% |
| Financial fixed assets | 28 | €6,050 | €6,050 | = | 0.0% |
| Current assets | 29/58 | €18,085 | €17,374 | -€710 | -3.9% |
| Amounts receivable within one year | 40/41 | €11,882 | €3,826 | -€8,057 | -67.8% |
| Trade receivables | 40 | €5,825 | €3,204 | -€2,621 | -45.0% |
| Other amounts receivable | 41 | €6,057 | €622 | -€5,436 | -89.7% |
| Cash at bank and in hand | 54/58 | €4,593 | €11,019 | +€6,426 | +139.9% |
| Deferred charges and accrued income | 490/1 | €1,609 | €2,530 | +€921 | +57.2% |
| Total equity and liabilities | 10/49 | €48,888 | €41,483 | -€7,405 | -15.1% |
| Equity | 10/15 | €13,308 | €13,737 | +€429 | +3.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,692 | -€1,263 | +€429 | +25.3% |
| Amounts payable | 17/49 | €35,580 | €27,746 | -€7,834 | -22.0% |
| Amounts payable within one year | 42/48 | €35,580 | €27,746 | -€7,834 | -22.0% |
| Trade debts | 44 | €7,832 | €3,582 | -€4,250 | -54.3% |
| Suppliers | 440/4 | €7,832 | €3,582 | -€4,250 | -54.3% |
| Taxes, remuneration and social security | 45 | - | €1,408 | +€1,408 | |
| Taxes | 450/3 | - | €1,124 | +€1,124 | |
| Remuneration and social security | 454/9 | - | €284 | +€284 | |
| Other amounts payable | 47/48 | €27,747 | €22,755 | -€4,992 | -18.0% |
| Remuneration, social security and pensions | 62 | €13,210 | €19,037 | +€5,827 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,381 | €6,694 | +€1,314 | +24.4% |
| Other operating charges | 640/8 | €182 | €3,606 | +€3,424 | +1883.5% |
| Gross operating margin | 9900 | €17,977 | €30,435 | +€12,458 | +69.3% |
| Operating profit (loss) | 9901 | -€796 | €1,098 | +€1,893 | |
| Financial charges | 65/66B | €298 | €669 | +€370 | +124.1% |
| Recurring financial charges | 65 | €298 | €669 | +€370 | +124.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,094 | €429 | +€1,523 | |
| Profit (loss) for the period | 9904 | -€1,094 | €429 | +€1,523 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,094 | €429 | +€1,523 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.