AN SANO: 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.
AN SANO
Largest movements
- Stocks and contracts -€15,001
down €15,001 (-11.3%), from €132,979 to €117,978
- Intangible fixed assets -€7,000
down €7,000 (-14.2%), from €49,268 to €42,268
- Tangible fixed assets -€4,897
down €4,897 (-29.8%), from €16,416 to €11,519
of which Furniture and vehicles: -€6,307
- Receivables within one year -€3,754
down €3,754 (-98.1%), from €3,825 to €71
of which Trade receivables: -€3,410
- Cash -€3,076
down €3,076 (-62.5%), from €4,924 to €1,848
mainly Trade debts (-€48,200) and Other debts (-€42,053)
- Debts after one year +€100,197
new in 2024: €100,197
- Trade debts -€48,200
no longer reported in 2024 (was €48,200)
- Other debts -€42,053
no longer reported in 2024 (was €42,053)
- Profit (loss) carried forward -€36,269
down €36,269 (-100%), from -€36,120 to -€72,389
- Tax, wage and social debts -€7,401
no longer reported in 2024 (was €7,401)
- Gross operating margin -€38,915
down €38,915, from €33,447 to -€5,468
- Staff costs +€6,768
up €6,768 (+75.4%), from €8,970 to €15,738
- Depreciation +€381
up €381 (+2.7%), from €14,356 to €14,737
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,412 | €173,684 | -€33,727 | -16.3% |
| Fixed assets | 21/28 | €65,685 | €53,787 | -€11,897 | -18.1% |
| Intangible fixed assets | 21 | €49,268 | €42,268 | -€7,000 | -14.2% |
| Tangible fixed assets | 22/27 | €16,416 | €11,519 | -€4,897 | -29.8% |
| Plant, machinery and equipment | 23 | €2,231 | €3,640 | +€1,409 | +63.2% |
| Furniture and vehicles | 24 | €14,186 | €7,879 | -€6,307 | -44.5% |
| Current assets | 29/58 | €141,727 | €119,897 | -€21,830 | -15.4% |
| Stocks and contracts in progress | 3 | €132,979 | €117,978 | -€15,001 | -11.3% |
| Stocks | 30/36 | €132,979 | €117,978 | -€15,001 | -11.3% |
| Amounts receivable within one year | 40/41 | €3,825 | €71 | -€3,754 | -98.1% |
| Trade receivables | 40 | €3,410 | - | -€3,410 | |
| Other amounts receivable | 41 | €414 | €71 | -€343 | -82.9% |
| Cash at bank and in hand | 54/58 | €4,924 | €1,848 | -€3,076 | -62.5% |
| Total equity and liabilities | 10/49 | €207,412 | €173,684 | -€33,727 | -16.3% |
| Equity | 10/15 | €109,758 | €73,487 | -€36,271 | -33.0% |
| Contributions | 10/11 | €145,878 | €145,876 | -€2 | 0.0% |
| Profit (loss) carried forward | 14 | -€36,120 | -€72,389 | -€36,269 | -100% |
| Amounts payable | 17/49 | €97,654 | €100,197 | +€2,543 | +2.6% |
| Amounts payable after more than one year | 17 | - | €100,197 | +€100,197 | |
| Financial debts | 170/4 | - | €100,197 | +€100,197 | |
| Amounts payable within one year | 42/48 | €97,654 | - | -€97,654 | |
| Trade debts | 44 | €48,200 | - | -€48,200 | |
| Suppliers | 440/4 | €48,200 | - | -€48,200 | |
| Taxes, remuneration and social security | 45 | €7,401 | - | -€7,401 | |
| Taxes | 450/3 | €7,401 | - | -€7,401 | |
| Other amounts payable | 47/48 | €42,053 | - | -€42,053 | |
| Remuneration, social security and pensions | 62 | €8,970 | €15,738 | +€6,768 | +75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,356 | €14,737 | +€381 | +2.7% |
| Other operating charges | 640/8 | €285 | €168 | -€117 | -41.1% |
| Gross operating margin | 9900 | €33,447 | -€5,468 | -€38,915 | |
| Operating profit (loss) | 9901 | €9,835 | -€36,111 | -€45,946 | |
| Financial charges | 65/66B | €18 | €158 | +€140 | +798% |
| Recurring financial charges | 65 | €18 | €158 | +€140 | +798% |
| Profit (loss) for the period before taxes | 9903 | €9,817 | -€36,269 | -€46,086 | |
| Profit (loss) for the period | 9904 | €9,817 | -€36,269 | -€46,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,817 | -€36,269 | -€46,086 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.