ANA-MIA: 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-MIA
Largest movements
- Cash +€53,965
up €53,965 (+113%), from €47,848 to €101,813
mainly Net result for the year (+€20,734) and Trade debts (+€17,074)
- Tangible fixed assets -€13,818
down €13,818 (-38.6%), from €35,784 to €21,966
- Receivables within one year -€7,789
down €7,789 (-20.9%), from €37,182 to €29,394
of which Trade receivables: -€16,272
- Profit (loss) carried forward +€20,734
up €20,734 (+28.2%), from €73,565 to €94,299
- Trade debts +€17,074
up €17,074 (+82.7%), from €20,655 to €37,728
- Tax, wage and social debts -€5,492
down €5,492 (-15.4%), from €35,637 to €30,145
of which Remuneration and social security: -€4,125
- Gross operating margin -€39,295
down €39,295 (-23.6%), from €166,751 to €127,456
- Staff costs +€16,482
up €16,482 (+25.8%), from €63,982 to €80,464
- Taxes -€13,207
down €13,207 (-63.5%), from €20,790 to €7,583
- Depreciation +€3,021
up €3,021 (+28.0%), from €10,797 to €13,818
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.
Derived cash bridge
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 | €139,857 | €172,172 | +€32,315 | +23.1% |
| Fixed assets | 21/28 | €54,784 | €40,966 | -€13,818 | -25.2% |
| Tangible fixed assets | 22/27 | €35,784 | €21,966 | -€13,818 | -38.6% |
| Furniture and vehicles | 24 | €35,784 | €21,966 | -€13,818 | -38.6% |
| Financial fixed assets | 28 | €19,000 | €19,000 | = | 0.0% |
| Current assets | 29/58 | €85,073 | €131,207 | +€46,133 | +54.2% |
| Amounts receivable within one year | 40/41 | €37,182 | €29,394 | -€7,789 | -20.9% |
| Trade receivables | 40 | €22,898 | €6,626 | -€16,272 | -71.1% |
| Other amounts receivable | 41 | €14,284 | €22,768 | +€8,484 | +59.4% |
| Cash at bank and in hand | 54/58 | €47,848 | €101,813 | +€53,965 | +113% |
| Deferred charges and accrued income | 490/1 | €43 | - | -€43 | |
| Total equity and liabilities | 10/49 | €139,857 | €172,172 | +€32,315 | +23.1% |
| Equity | 10/15 | €83,565 | €104,299 | +€20,734 | +24.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,565 | €94,299 | +€20,734 | +28.2% |
| Amounts payable | 17/49 | €56,292 | €67,874 | +€11,582 | +20.6% |
| Amounts payable within one year | 42/48 | €56,292 | €67,874 | +€11,582 | +20.6% |
| Trade debts | 44 | €20,655 | €37,728 | +€17,074 | +82.7% |
| Suppliers | 440/4 | €20,655 | €37,728 | +€17,074 | +82.7% |
| Taxes, remuneration and social security | 45 | €35,637 | €30,145 | -€5,492 | -15.4% |
| Taxes | 450/3 | €25,640 | €24,273 | -€1,367 | -5.3% |
| Remuneration and social security | 454/9 | €9,997 | €5,872 | -€4,125 | -41.3% |
| Remuneration, social security and pensions | 62 | €63,982 | €80,464 | +€16,482 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,797 | €13,818 | +€3,021 | +28.0% |
| Other operating charges | 640/8 | €4,047 | €4,945 | +€898 | +22.2% |
| Gross operating margin | 9900 | €166,751 | €127,456 | -€39,295 | -23.6% |
| Operating profit (loss) | 9901 | €87,926 | €28,230 | -€59,696 | -67.9% |
| Financial income | 75/76B | €101 | €267 | +€166 | +164% |
| Recurring financial income | 75 | €101 | €267 | +€166 | +164% |
| Financial charges | 65/66B | €286 | €180 | -€106 | -37.2% |
| Recurring financial charges | 65 | €286 | €180 | -€106 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €87,740 | €28,317 | -€59,424 | -67.7% |
| Income taxes | 67/77 | €20,790 | €7,583 | -€13,207 | -63.5% |
| Profit (loss) for the period | 9904 | €66,950 | €20,734 | -€46,217 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,950 | €20,734 | -€46,217 | -69.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.