ANADROME: 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.
ANADROME
Largest movements
- Receivables after one year +€39,493
up €39,493 (+182%), from €21,750 to €61,243
- Cash -€26,089
down €26,089 (-51.2%), from €50,917 to €24,828
mainly Contributions, distributions and other (-€117,647) and Receivables after one year (-€39,493)
- Tangible fixed assets -€16,858
down €16,858 (-44.3%), from €38,024 to €21,166
of which Furniture and vehicles: -€13,161
- Deferred charges and accrued income -€16,065
no longer reported in 2025 (was €16,065)
- Receivables within one year +€12,732
up €12,732 (+28.1%), from €45,338 to €58,070
of which Other amounts receivable: +€15,268
- Reserves -€13,456
down €13,456 (-9.3%), from €144,450 to €130,994
- Short-term financial debts +€8,438
new in 2025: €8,438
- Other debts -€6,847
no longer reported in 2025 (was €6,847)
- Tax, wage and social debts +€6,544
up €6,544 (+32.7%), from €19,999 to €26,544
- Trade debts -€2,416
no longer reported in 2025 (was €2,416)
- Gross operating margin +€86,515
up €86,515 (+83.5%), from €103,640 to €190,154
- Depreciation +€31,174
up €31,174 (+199%), from €15,691 to €46,865
- Taxes +€11,644
up €11,644 (+58.2%), from €19,999 to €31,643
- Financial charges -€5,279
down €5,279 (-57.5%), from €9,177 to €3,898
of which Non-recurring financial charges: -€6,879
- Other operating charges +€2,280
up €2,280 (+102%), from €2,244 to €4,523
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 | €176,212 | €168,476 | -€7,736 | -4.4% |
| Fixed assets | 21/28 | €42,142 | €24,336 | -€17,806 | -42.3% |
| Intangible fixed assets | 21 | €4,118 | €3,171 | -€948 | -23.0% |
| Tangible fixed assets | 22/27 | €38,024 | €21,166 | -€16,858 | -44.3% |
| Furniture and vehicles | 24 | €26,494 | €13,333 | -€13,161 | -49.7% |
| Other tangible fixed assets | 26 | €11,530 | €7,833 | -€3,697 | -32.1% |
| Current assets | 29/58 | €134,070 | €144,140 | +€10,070 | +7.5% |
| Amounts receivable after more than one year | 29 | €21,750 | €61,243 | +€39,493 | +182% |
| Trade receivables | 290 | €21,750 | €61,243 | +€39,493 | +182% |
| Amounts receivable within one year | 40/41 | €45,338 | €58,070 | +€12,732 | +28.1% |
| Trade receivables | 40 | €37,085 | €34,549 | -€2,537 | -6.8% |
| Other amounts receivable | 41 | €8,252 | €23,521 | +€15,268 | +185% |
| Cash at bank and in hand | 54/58 | €50,917 | €24,828 | -€26,089 | -51.2% |
| Deferred charges and accrued income | 490/1 | €16,065 | - | -€16,065 | |
| Total equity and liabilities | 10/49 | €176,212 | €168,476 | -€7,736 | -4.4% |
| Equity | 10/15 | €146,950 | €133,494 | -€13,456 | -9.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €144,450 | €130,994 | -€13,456 | -9.3% |
| Distributable reserves | 133 | €144,450 | €130,994 | -€13,456 | -9.3% |
| Amounts payable | 17/49 | €29,262 | €34,982 | +€5,720 | +19.5% |
| Amounts payable within one year | 42/48 | €29,262 | €34,982 | +€5,720 | +19.5% |
| Financial debts | 43 | - | €8,438 | +€8,438 | |
| Credit institutions | 430/8 | - | €8,438 | +€8,438 | |
| Trade debts | 44 | €2,416 | - | -€2,416 | |
| Suppliers | 440/4 | €2,416 | - | -€2,416 | |
| Taxes, remuneration and social security | 45 | €19,999 | €26,544 | +€6,544 | +32.7% |
| Taxes | 450/3 | €19,999 | €26,544 | +€6,544 | +32.7% |
| Other amounts payable | 47/48 | €6,847 | - | -€6,847 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,691 | €46,865 | +€31,174 | +199% |
| Other operating charges | 640/8 | €2,244 | €4,523 | +€2,280 | +102% |
| Gross operating margin | 9900 | €103,640 | €190,154 | +€86,515 | +83.5% |
| Operating profit (loss) | 9901 | €85,705 | €138,767 | +€53,061 | +61.9% |
| Financial income | 75/76B | €98 | €966 | +€868 | +888% |
| Recurring financial income | 75 | €98 | €966 | +€868 | +888% |
| Financial charges | 65/66B | €9,177 | €3,898 | -€5,279 | -57.5% |
| Recurring financial charges | 65 | €2,298 | €3,898 | +€1,600 | +69.6% |
| Non-recurring financial charges | 66B | €6,879 | - | -€6,879 | |
| Profit (loss) for the period before taxes | 9903 | €76,626 | €135,834 | +€59,208 | +77.3% |
| Income taxes | 67/77 | €19,999 | €31,643 | +€11,644 | +58.2% |
| Profit (loss) for the period | 9904 | €56,627 | €104,191 | +€47,565 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,627 | €104,191 | +€47,565 | +84.0% |
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 19 October 2026 via checked.be.