ANA: 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.
ANA
Largest movements
- Receivables within one year -€2,821
no longer reported in 2025 (was €2,821)
of which Trade receivables: -€2,016
- Deferred charges and accrued income +€1,809
up €1,809, from €0 to €1,809
- Cash -€1,608
down €1,608 (-31.6%), from €5,083 to €3,475
mainly Net result for the year (-€3,514) and Deferred charges and accrued income (-€1,809)
- Formation expenses -€308
down €308 (-25.3%), from €1,219 to €911
- Profit (loss) carried forward -€3,514
down €3,514 (-20.2%), from -€17,403 to -€20,916
- Trade debts +€1,506
up €1,506 (+266.6%), from €565 to €2,071
- Tax, wage and social debts -€791
down €791 (-61.2%), from €1,291 to €501
- Other debts -€131
down €131 (-2.8%), from €4,670 to €4,539
- Purchases and services -€22,850
no longer reported in 2025 (was €22,850)
- Turnover -€22,208
no longer reported in 2025 (was €22,208)
- Gross operating margin -€3,646
down €3,646, from €1,174 to -€2,472
- Other operating charges -€1,606
down €1,606 (-75.3%), from €2,133 to €528
- Taxes -€393
down €393 (-88.0%), from €447 to €54
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 | €9,123 | €6,194 | -€2,929 | -32.1% |
| Formation expenses | 20 | €1,219 | €911 | -€308 | -25.3% |
| Current assets | 29/58 | €7,904 | €5,284 | -€2,620 | -33.2% |
| Amounts receivable within one year | 40/41 | €2,821 | - | -€2,821 | |
| Trade receivables | 40 | €2,016 | - | -€2,016 | |
| Other amounts receivable | 41 | €805 | - | -€805 | |
| Cash at bank and in hand | 54/58 | €5,083 | €3,475 | -€1,608 | -31.6% |
| Deferred charges and accrued income | 490/1 | €0 | €1,809 | +€1,809 | |
| Total equity and liabilities | 10/49 | €9,123 | €6,194 | -€2,929 | -32.1% |
| Equity | 10/15 | €2,597 | -€916 | -€3,514 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,403 | -€20,916 | -€3,514 | -20.2% |
| Amounts payable | 17/49 | €6,526 | €7,111 | +€585 | +9.0% |
| Amounts payable within one year | 42/48 | €6,526 | €7,111 | +€585 | +9.0% |
| Trade debts | 44 | €565 | €2,071 | +€1,506 | +266.6% |
| Suppliers | 440/4 | €565 | €2,071 | +€1,506 | +266.6% |
| Taxes, remuneration and social security | 45 | €1,291 | €501 | -€791 | -61.2% |
| Taxes | 450/3 | €1,291 | €501 | -€791 | -61.2% |
| Other amounts payable | 47/48 | €4,670 | €4,539 | -€131 | -2.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €22,208 | - | -€22,208 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €22,850 | - | -€22,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €308 | €308 | = | 0.0% |
| Other operating charges | 640/8 | €2,133 | €528 | -€1,606 | -75.3% |
| Gross operating margin | 9900 | €1,174 | -€2,472 | -€3,646 | |
| Operating profit (loss) | 9901 | -€1,268 | -€3,308 | -€2,040 | -160.9% |
| Financial charges | 65/66B | €139 | €152 | +€13 | +9.5% |
| Recurring financial charges | 65 | €139 | €152 | +€13 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,406 | -€3,460 | -€2,053 | -146.0% |
| Income taxes | 67/77 | €447 | €54 | -€393 | -88.0% |
| Profit (loss) for the period | 9904 | -€1,854 | -€3,514 | -€1,660 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,854 | -€3,514 | -€1,660 | -89.6% |
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 4 October 2026 via checked.be.