ANACOTT: 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.
ANACOTT
Largest movements
- Cash +€339,415
up €339,415 (+336.6%), from €100,837 to €440,252
mainly Other debts (+€467,641) and Current investments (+€290,000)
- Current investments -€290,000
no longer reported in 2025 (was €290,000)
- Receivables within one year -€32,890
down €32,890 (-61.5%), from €53,442 to €20,551
of which Trade receivables: -€23,554
- Tangible fixed assets +€10,581
up €10,581 (+558.3%), from €1,895 to €12,476
- Deferred charges and accrued income +€9,971
up €9,971 (+24620.1%), from €41 to €10,012
- Other debts +€467,641
up €467,641 (+179806.5%), from €260 to €467,901
- Reserves -€426,589
no longer reported in 2025 (was €426,589)
- Gross operating margin -€13,437
down €13,437 (-9.2%), from €146,668 to €133,231
- Financial income +€8,461
up €8,461 (+19013.3%), from €45 to €8,505
- Depreciation +€1,609
up €1,609 (+91.8%), from €1,752 to €3,361
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 | €446,215 | €483,291 | +€37,076 | +8.3% |
| Fixed assets | 21/28 | €1,895 | €12,476 | +€10,581 | +558.3% |
| Tangible fixed assets | 22/27 | €1,895 | €12,476 | +€10,581 | +558.3% |
| Furniture and vehicles | 24 | €1,895 | €12,476 | +€10,581 | +558.3% |
| Current assets | 29/58 | €444,319 | €470,815 | +€26,496 | +6.0% |
| Amounts receivable within one year | 40/41 | €53,442 | €20,551 | -€32,890 | -61.5% |
| Trade receivables | 40 | €44,073 | €20,519 | -€23,554 | -53.4% |
| Other amounts receivable | 41 | €9,368 | €32 | -€9,336 | -99.7% |
| Current investments | 50/53 | €290,000 | - | -€290,000 | |
| Cash at bank and in hand | 54/58 | €100,837 | €440,252 | +€339,415 | +336.6% |
| Deferred charges and accrued income | 490/1 | €41 | €10,012 | +€9,971 | +24620.1% |
| Total equity and liabilities | 10/49 | €446,215 | €483,291 | +€37,076 | +8.3% |
| Equity | 10/15 | €430,089 | €3,500 | -€426,589 | -99.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €426,589 | - | -€426,589 | |
| Distributable reserves | 133 | €426,589 | - | -€426,589 | |
| Amounts payable | 17/49 | €16,125 | €479,791 | +€463,665 | +2875.4% |
| Amounts payable within one year | 42/48 | €16,125 | €479,791 | +€463,665 | +2875.4% |
| Trade debts | 44 | - | €50 | +€50 | |
| Suppliers | 440/4 | - | €50 | +€50 | |
| Taxes, remuneration and social security | 45 | €15,865 | €11,840 | -€4,025 | -25.4% |
| Taxes | 450/3 | €15,865 | €11,840 | -€4,025 | -25.4% |
| Other amounts payable | 47/48 | €260 | €467,901 | +€467,641 | +179806.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,752 | €3,361 | +€1,609 | +91.8% |
| Other operating charges | 640/8 | - | €847 | +€847 | |
| Gross operating margin | 9900 | €146,668 | €133,231 | -€13,437 | -9.2% |
| Operating profit (loss) | 9901 | €144,916 | €129,024 | -€15,892 | -11.0% |
| Financial income | 75/76B | €45 | €8,505 | +€8,461 | +19013.3% |
| Recurring financial income | 75 | €45 | €8,505 | +€8,461 | +19013.3% |
| Financial charges | 65/66B | €265 | €111 | -€155 | -58.3% |
| Recurring financial charges | 65 | €265 | €111 | -€155 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €144,695 | €137,419 | -€7,276 | -5.0% |
| Income taxes | 67/77 | €31,850 | €32,518 | +€668 | +2.1% |
| Profit (loss) for the period | 9904 | €112,845 | €104,901 | -€7,945 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €112,845 | €104,901 | -€7,945 | -7.0% |
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 3 October 2026 via checked.be.