ANADOLU: 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.
ANADOLU
Largest movements
- Receivables within one year +€28,609
up €28,609 (+51.7%), from €55,363 to €83,973
of which Trade receivables: +€33,472
- Cash +€9,812
up €9,812 (+71.1%), from €13,806 to €23,617
mainly Net result for the year (+€29,215) and Depreciation (+€13,774)
- Stocks and contracts -€5,744
down €5,744 (-20.6%), from €27,943 to €22,200
- Reserves +€29,215
up €29,215 (+85.1%), from €34,319 to €63,534
- Trade debts -€9,466
down €9,466 (-37.5%), from €25,268 to €15,802
- Current portion of long-term debt +€8,495
up €8,495 (+39.1%), from €21,726 to €30,221
- Tax, wage and social debts +€8,463
up €8,463 (+248%), from €3,409 to €11,871
- Debts after one year -€5,504
down €5,504 (-21.9%), from €25,114 to €19,610
- Gross operating margin +€47,252
up €47,252 (+54.3%), from €87,084 to €134,336
- Staff costs +€44,053
up €44,053 (+177%), from €24,957 to €69,010
- Other operating charges -€11,289
down €11,289 (-67.1%), from €16,823 to €5,534
- Financial charges +€4,096
up €4,096 (+490%), from €836 to €4,932
- Taxes -€1,537
down €1,537 (-11.5%), from €13,409 to €11,871
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 | €129,836 | €161,039 | +€31,203 | +24.0% |
| Fixed assets | 21/28 | €32,724 | €31,249 | -€1,475 | -4.5% |
| Tangible fixed assets | 22/27 | €32,724 | €31,249 | -€1,475 | -4.5% |
| Plant, machinery and equipment | 23 | €4,788 | €8,512 | +€3,724 | +77.8% |
| Furniture and vehicles | 24 | €3,508 | €4,751 | +€1,243 | +35.4% |
| Other tangible fixed assets | 26 | €24,428 | €17,987 | -€6,442 | -26.4% |
| Current assets | 29/58 | €97,112 | €129,790 | +€32,677 | +33.6% |
| Stocks and contracts in progress | 3 | €27,943 | €22,200 | -€5,744 | -20.6% |
| Stocks | 30/36 | €27,943 | €22,200 | -€5,744 | -20.6% |
| Amounts receivable within one year | 40/41 | €55,363 | €83,973 | +€28,609 | +51.7% |
| Trade receivables | 40 | €38,148 | €71,621 | +€33,472 | +87.7% |
| Other amounts receivable | 41 | €17,215 | €12,352 | -€4,863 | -28.2% |
| Cash at bank and in hand | 54/58 | €13,806 | €23,617 | +€9,812 | +71.1% |
| Total equity and liabilities | 10/49 | €129,836 | €161,039 | +€31,203 | +24.0% |
| Equity | 10/15 | €54,319 | €83,534 | +€29,215 | +53.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,319 | €63,534 | +€29,215 | +85.1% |
| Distributable reserves | 133 | €34,319 | €63,534 | +€29,215 | +85.1% |
| Amounts payable | 17/49 | €75,517 | €77,505 | +€1,988 | +2.6% |
| Amounts payable after more than one year | 17 | €25,114 | €19,610 | -€5,504 | -21.9% |
| Financial debts | 170/4 | €25,114 | €19,610 | -€5,504 | -21.9% |
| Amounts payable within one year | 42/48 | €50,403 | €57,894 | +€7,491 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €21,726 | €30,221 | +€8,495 | +39.1% |
| Trade debts | 44 | €25,268 | €15,802 | -€9,466 | -37.5% |
| Suppliers | 440/4 | €25,268 | €15,802 | -€9,466 | -37.5% |
| Taxes, remuneration and social security | 45 | €3,409 | €11,871 | +€8,463 | +248% |
| Taxes | 450/3 | €3,409 | €11,871 | +€8,463 | +248% |
| Remuneration, social security and pensions | 62 | €24,957 | €69,010 | +€44,053 | +177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,299 | €13,774 | -€525 | -3.7% |
| Other operating charges | 640/8 | €16,823 | €5,534 | -€11,289 | -67.1% |
| Gross operating margin | 9900 | €87,084 | €134,336 | +€47,252 | +54.3% |
| Operating profit (loss) | 9901 | €31,005 | €46,018 | +€15,013 | +48.4% |
| Financial income | 75/76B | €151 | - | -€151 | |
| Recurring financial income | 75 | €151 | - | -€151 | |
| Financial charges | 65/66B | €836 | €4,932 | +€4,096 | +490% |
| Recurring financial charges | 65 | €836 | €4,932 | +€4,096 | +490% |
| Profit (loss) for the period before taxes | 9903 | €30,320 | €41,087 | +€10,766 | +35.5% |
| Income taxes | 67/77 | €13,409 | €11,871 | -€1,537 | -11.5% |
| Profit (loss) for the period | 9904 | €16,912 | €29,215 | +€12,304 | +72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,912 | €29,215 | +€12,304 | +72.8% |
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 19 October 2026 via checked.be.