ANAEL IMMO: 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.
ANAEL IMMO
Largest movements
- Receivables within one year +€56,000
up €56,000 (+50.0%), from €111,971 to €167,971
- Tangible fixed assets -€30,000
down €30,000 (-3.2%), from €932,192 to €902,192
- Profit (loss) carried forward +€87,812
up €87,812 (+450%), from €19,521 to €107,333
- Debts after one year -€60,000
down €60,000 (-8.5%), from €705,000 to €645,000
- Taxes +€22,742
up €22,742 (+348%), from €6,529 to €29,271
- Gross operating margin +€7,605
up €7,605 (+4.6%), from €166,455 to €174,060
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 | €1,044,521 | €1,081,933 | +€37,411 | +3.6% |
| Fixed assets | 21/28 | €932,192 | €902,192 | -€30,000 | -3.2% |
| Tangible fixed assets | 22/27 | €932,192 | €902,192 | -€30,000 | -3.2% |
| Land and buildings | 22 | €932,192 | €902,192 | -€30,000 | -3.2% |
| Current assets | 29/58 | €112,330 | €179,741 | +€67,411 | +60.0% |
| Amounts receivable within one year | 40/41 | €111,971 | €167,971 | +€56,000 | +50.0% |
| Other amounts receivable | 41 | €111,971 | €167,971 | +€56,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €358 | €11,076 | +€10,718 | +2,992% |
| Deferred charges and accrued income | 490/1 | - | €694 | +€694 | |
| Total equity and liabilities | 10/49 | €1,044,521 | €1,081,933 | +€37,411 | +3.6% |
| Equity | 10/15 | €29,521 | €117,333 | +€87,812 | +297% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,521 | €107,333 | +€87,812 | +450% |
| Amounts payable | 17/49 | €1,015,000 | €964,600 | -€50,400 | -5.0% |
| Amounts payable after more than one year | 17 | €705,000 | €645,000 | -€60,000 | -8.5% |
| Financial debts | 170/4 | €705,000 | €645,000 | -€60,000 | -8.5% |
| Amounts payable within one year | 42/48 | €310,000 | €319,600 | +€9,600 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | - | €6,829 | +€6,829 | |
| Suppliers | 440/4 | - | €6,829 | +€6,829 | |
| Taxes, remuneration and social security | 45 | - | €2,771 | +€2,771 | |
| Taxes | 450/3 | - | €2,771 | +€2,771 | |
| Other amounts payable | 47/48 | €250,000 | €250,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,000 | €30,000 | = | 0.0% |
| Other operating charges | 640/8 | €8,668 | €8,940 | +€273 | +3.1% |
| Gross operating margin | 9900 | €166,455 | €174,060 | +€7,605 | +4.6% |
| Operating profit (loss) | 9901 | €127,788 | €135,119 | +€7,332 | +5.7% |
| Financial charges | 65/66B | €19,524 | €18,037 | -€1,487 | -7.6% |
| Recurring financial charges | 65 | €19,524 | €18,037 | -€1,487 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €108,263 | €117,082 | +€8,819 | +8.1% |
| Income taxes | 67/77 | €6,529 | €29,271 | +€22,742 | +348% |
| Profit (loss) for the period | 9904 | €101,735 | €87,812 | -€13,923 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €101,735 | €87,812 | -€13,923 | -13.7% |
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 30 October 2026 via checked.be.