ANA-AD: 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-AD
Largest movements
- Cash -€7,718
down €7,718 (-38.5%), from €20,055 to €12,337
mainly Tax, wage and social debts (-€14,435) and Receivables within one year (-€5,963)
- Receivables within one year +€5,963
up €5,963 (+17.8%), from €33,502 to €39,466
- Tangible fixed assets -€5,371
down €5,371 (-14.4%), from €37,197 to €31,825
of which Furniture and vehicles: -€4,783
- Tax, wage and social debts -€14,435
down €14,435 (-69.4%), from €20,805 to €6,370
- Profit (loss) carried forward +€6,492
up €6,492 (+12.0%), from €53,911 to €60,403
- Other debts +€1,859
up €1,859 (+14.3%), from €12,977 to €14,836
- Trade debts -€1,042
down €1,042 (-98.2%), from €1,061 to €19
- Gross operating margin -€52,782
down €52,782 (-72.3%), from €73,054 to €20,272
- Taxes -€10,623
down €10,623 (-74.5%), from €14,263 to €3,640
- Depreciation +€4,516
up €4,516 (+97.4%), from €4,637 to €9,152
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 | €90,754 | €83,628 | -€7,126 | -7.9% |
| Fixed assets | 21/28 | €37,197 | €31,825 | -€5,371 | -14.4% |
| Tangible fixed assets | 22/27 | €37,197 | €31,825 | -€5,371 | -14.4% |
| Plant, machinery and equipment | 23 | €588 | - | -€588 | |
| Furniture and vehicles | 24 | €36,609 | €31,825 | -€4,783 | -13.1% |
| Current assets | 29/58 | €53,557 | €51,803 | -€1,755 | -3.3% |
| Amounts receivable within one year | 40/41 | €33,502 | €39,466 | +€5,963 | +17.8% |
| Trade receivables | 40 | €33,502 | €39,466 | +€5,963 | +17.8% |
| Cash at bank and in hand | 54/58 | €20,055 | €12,337 | -€7,718 | -38.5% |
| Total equity and liabilities | 10/49 | €90,754 | €83,628 | -€7,126 | -7.9% |
| Equity | 10/15 | €55,911 | €62,403 | +€6,492 | +11.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,911 | €60,403 | +€6,492 | +12.0% |
| Amounts payable | 17/49 | €34,843 | €21,225 | -€13,618 | -39.1% |
| Amounts payable within one year | 42/48 | €34,843 | €21,225 | -€13,618 | -39.1% |
| Trade debts | 44 | €1,061 | €19 | -€1,042 | -98.2% |
| Suppliers | 440/4 | €1,061 | €19 | -€1,042 | -98.2% |
| Taxes, remuneration and social security | 45 | €20,805 | €6,370 | -€14,435 | -69.4% |
| Taxes | 450/3 | €20,805 | €6,370 | -€14,435 | -69.4% |
| Other amounts payable | 47/48 | €12,977 | €14,836 | +€1,859 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,637 | €9,152 | +€4,516 | +97.4% |
| Other operating charges | 640/8 | €225 | €915 | +€690 | +307.1% |
| Gross operating margin | 9900 | €73,054 | €20,272 | -€52,782 | -72.3% |
| Operating profit (loss) | 9901 | €68,193 | €10,205 | -€57,988 | -85.0% |
| Financial charges | 65/66B | €19 | €74 | +€55 | +293.5% |
| Recurring financial charges | 65 | €19 | €74 | +€55 | +293.5% |
| Profit (loss) for the period before taxes | 9903 | €68,174 | €10,131 | -€58,043 | -85.1% |
| Income taxes | 67/77 | €14,263 | €3,640 | -€10,623 | -74.5% |
| Profit (loss) for the period | 9904 | €53,911 | €6,492 | -€47,420 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,911 | €6,492 | -€47,420 | -88.0% |
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.