ANA & MANUEL: 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.
ANA & MANUEL
Largest movements
- Receivables within one year +€15,060
up €15,060 (+17.4%), from €86,339 to €101,399
of which Trade receivables: +€22,066
- Cash -€8,618
down €8,618 (-30.0%), from €28,721 to €20,103
mainly Net result for the year (-€57,344) and Receivables within one year (-€15,060)
- Profit (loss) carried forward -€57,344
down €57,344 (-41.0%), from -€139,866 to -€197,210
- Other debts +€49,435
up €49,435 (+77.6%), from €63,696 to €113,132
- Trade debts +€37,129
up €37,129 (+28.7%), from €129,498 to €166,627
- Accrued charges and deferred income -€14,809
no longer reported in 2024 (was €14,809)
- Tax, wage and social debts -€7,457
down €7,457 (-18.0%), from €41,444 to €33,987
of which Taxes: -€5,194
- Gross operating margin -€53,553
down €53,553 (-69.8%), from €76,708 to €23,155
- Staff costs -€4,283
down €4,283 (-5.8%), from €74,214 to €69,932
- Other operating charges -€3,634
down €3,634 (-37.5%), from €9,692 to €6,059
- Financial charges +€3,236
up €3,236 (+250%), from €1,295 to €4,531
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 | €130,041 | €136,996 | +€6,955 | +5.3% |
| Fixed assets | 21/28 | €4,770 | €5,283 | +€513 | +10.7% |
| Financial fixed assets | 28 | €4,770 | €5,283 | +€513 | +10.7% |
| Current assets | 29/58 | €125,271 | €131,714 | +€6,442 | +5.1% |
| Stocks and contracts in progress | 3 | €10,211 | €10,211 | = | 0.0% |
| Stocks | 30/36 | €10,211 | €10,211 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €86,339 | €101,399 | +€15,060 | +17.4% |
| Trade receivables | 40 | €78,879 | €100,946 | +€22,066 | +28.0% |
| Other amounts receivable | 41 | €7,460 | €454 | -€7,006 | -93.9% |
| Cash at bank and in hand | 54/58 | €28,721 | €20,103 | -€8,618 | -30.0% |
| Total equity and liabilities | 10/49 | €130,041 | €136,996 | +€6,955 | +5.3% |
| Equity | 10/15 | -€119,406 | -€176,750 | -€57,344 | -48.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,866 | -€197,210 | -€57,344 | -41.0% |
| Amounts payable | 17/49 | €249,447 | €313,746 | +€64,298 | +25.8% |
| Amounts payable within one year | 42/48 | €234,639 | €313,746 | +€79,107 | +33.7% |
| Trade debts | 44 | €129,498 | €166,627 | +€37,129 | +28.7% |
| Suppliers | 440/4 | €129,498 | €166,627 | +€37,129 | +28.7% |
| Taxes, remuneration and social security | 45 | €41,444 | €33,987 | -€7,457 | -18.0% |
| Taxes | 450/3 | €5,361 | €166 | -€5,194 | -96.9% |
| Remuneration and social security | 454/9 | €36,083 | €33,821 | -€2,263 | -6.3% |
| Other amounts payable | 47/48 | €63,696 | €113,132 | +€49,435 | +77.6% |
| Accrued charges and deferred income | 492/3 | €14,809 | - | -€14,809 | |
| Remuneration, social security and pensions | 62 | €74,214 | €69,932 | -€4,283 | -5.8% |
| Other operating charges | 640/8 | €9,692 | €6,059 | -€3,634 | -37.5% |
| Gross operating margin | 9900 | €76,708 | €23,155 | -€53,553 | -69.8% |
| Operating profit (loss) | 9901 | -€7,198 | -€52,835 | -€45,637 | -634% |
| Financial income | 75/76B | €348 | €22 | -€326 | -93.6% |
| Recurring financial income | 75 | €348 | €22 | -€326 | -93.6% |
| Financial charges | 65/66B | €1,295 | €4,531 | +€3,236 | +250% |
| Recurring financial charges | 65 | €1,295 | €4,531 | +€3,236 | +250% |
| Profit (loss) for the period before taxes | 9903 | -€8,144 | -€57,344 | -€49,199 | -604% |
| Profit (loss) for the period | 9904 | -€8,144 | -€57,344 | -€49,199 | -604% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,144 | -€57,344 | -€49,199 | -604% |
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 26 October 2026 via checked.be.