ANAELLE: 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.
ANAELLE
Largest movements
- Tangible fixed assets -€67,454
down €67,454 (-90.5%), from €74,505 to €7,051
- Stocks and contracts -€22,025
down €22,025 (-82.6%), from €26,660 to €4,635
- Receivables within one year +€6,137
new in 2025: €6,137
- Cash -€2,391
down €2,391 (-36.5%), from €6,553 to €4,162
mainly Other debts (-€101,129) and Net result for the year (-€22,022)
- Other debts -€101,129
down €101,129 (-50.6%), from €199,853 to €98,724
- Tax, wage and social debts +€22,154
up €22,154 (+774%), from €2,862 to €25,016
- Profit (loss) carried forward -€22,022
down €22,022 (-12.8%), from -€172,115 to -€194,137
- Trade debts +€15,264
up €15,264 (+26.1%), from €58,518 to €73,782
- Gross operating margin +€20,833
up €20,833 (+86.7%), from €24,034 to €44,867
- Write-downs +€11,800
new in 2025: €11,800
- Depreciation -€8,794
down €8,794 (-97.3%), from €9,038 to €244
- Staff costs +€3,059
up €3,059 (+6.5%), from €47,325 to €50,384
- Other operating charges +€751
up €751 (+46.9%), from €1,602 to €2,353
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 | €107,718 | €21,985 | -€85,733 | -79.6% |
| Fixed assets | 21/28 | €74,505 | €7,051 | -€67,454 | -90.5% |
| Tangible fixed assets | 22/27 | €74,505 | €7,051 | -€67,454 | -90.5% |
| Furniture and vehicles | 24 | €74,505 | €7,051 | -€67,454 | -90.5% |
| Current assets | 29/58 | €33,213 | €14,934 | -€18,279 | -55.0% |
| Stocks and contracts in progress | 3 | €26,660 | €4,635 | -€22,025 | -82.6% |
| Stocks | 30/36 | €26,660 | €4,635 | -€22,025 | -82.6% |
| Amounts receivable within one year | 40/41 | - | €6,137 | +€6,137 | |
| Other amounts receivable | 41 | - | €6,137 | +€6,137 | |
| Cash at bank and in hand | 54/58 | €6,553 | €4,162 | -€2,391 | -36.5% |
| Total equity and liabilities | 10/49 | €107,718 | €21,985 | -€85,733 | -79.6% |
| Equity | 10/15 | -€153,515 | -€175,537 | -€22,022 | -14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,115 | -€194,137 | -€22,022 | -12.8% |
| Amounts payable | 17/49 | €261,233 | €197,522 | -€63,711 | -24.4% |
| Amounts payable within one year | 42/48 | €261,233 | €197,522 | -€63,711 | -24.4% |
| Trade debts | 44 | €58,518 | €73,782 | +€15,264 | +26.1% |
| Suppliers | 440/4 | €58,518 | €73,782 | +€15,264 | +26.1% |
| Taxes, remuneration and social security | 45 | €2,862 | €25,016 | +€22,154 | +774% |
| Taxes | 450/3 | €2,862 | €25,016 | +€22,154 | +774% |
| Other amounts payable | 47/48 | €199,853 | €98,724 | -€101,129 | -50.6% |
| Remuneration, social security and pensions | 62 | €47,325 | €50,384 | +€3,059 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,038 | €244 | -€8,794 | -97.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,800 | +€11,800 | |
| Other operating charges | 640/8 | €1,602 | €2,353 | +€751 | +46.9% |
| Non-recurring operating charges | 66A | - | €1,946 | +€1,946 | |
| Gross operating margin | 9900 | €24,034 | €44,867 | +€20,833 | +86.7% |
| Operating profit (loss) | 9901 | -€33,931 | -€21,860 | +€12,071 | +35.6% |
| Financial charges | 65/66B | €128 | €162 | +€34 | +26.6% |
| Recurring financial charges | 65 | €128 | €162 | +€34 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,059 | -€22,022 | +€12,037 | +35.3% |
| Profit (loss) for the period | 9904 | -€34,059 | -€22,022 | +€12,037 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,059 | -€22,022 | +€12,037 | +35.3% |
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.