ANAGRAM: 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.
ANAGRAM
Largest movements
- Tangible fixed assets +€39,001
up €39,001 (+52.4%), from €74,462 to €113,463
of which Furniture and vehicles: +€31,739
- Receivables within one year +€8,330
up €8,330 (+63.5%), from €13,114 to €21,444
of which Trade receivables: +€8,029
- Cash -€8,296
down €8,296 (-47.9%), from €17,303 to €9,007
mainly Investment in fixed assets (net) (-€51,285) and Receivables within one year (-€8,330)
- Profit (loss) carried forward +€17,782
up €17,782 (+39.6%), from -€44,930 to -€27,148
- Debts after one year +€17,214
new in 2025: €17,214
- Other debts -€7,310
down €7,310 (-16.2%), from €45,145 to €37,834
- Tax, wage and social debts +€5,141
up €5,141 (+48.0%), from €10,721 to €15,862
- Short-term financial debts +€4,726
new in 2025: €4,726
- Gross operating margin +€11,140
up €11,140 (+30.2%), from €36,920 to €48,060
- Depreciation +€6,757
up €6,757 (+122.3%), from €5,527 to €12,284
- Taxes +€2,920
up €2,920 (+46.7%), from €6,256 to €9,175
- Financial charges +€2,190
up €2,190 (+105.7%), from €2,072 to €4,262
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 | €104,952 | €143,987 | +€39,035 | +37.2% |
| Fixed assets | 21/28 | €74,536 | €113,537 | +€39,001 | +52.3% |
| Tangible fixed assets | 22/27 | €74,462 | €113,463 | +€39,001 | +52.4% |
| Land and buildings | 22 | €55,667 | €53,448 | -€2,219 | -4.0% |
| Plant, machinery and equipment | 23 | €8,177 | €17,658 | +€9,481 | +116.0% |
| Furniture and vehicles | 24 | €10,618 | €42,357 | +€31,739 | +298.9% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €30,417 | €30,450 | +€34 | +0.1% |
| Amounts receivable within one year | 40/41 | €13,114 | €21,444 | +€8,330 | +63.5% |
| Trade receivables | 40 | €13,090 | €21,119 | +€8,029 | +61.3% |
| Other amounts receivable | 41 | €24 | €325 | +€301 | +1254.2% |
| Cash at bank and in hand | 54/58 | €17,303 | €9,007 | -€8,296 | -47.9% |
| Total equity and liabilities | 10/49 | €104,952 | €143,987 | +€39,035 | +37.2% |
| Equity | 10/15 | €43,834 | €61,616 | +€17,782 | +40.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €58,764 | €58,764 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €55,764 | €55,764 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,930 | -€27,148 | +€17,782 | +39.6% |
| Amounts payable | 17/49 | €61,119 | €82,371 | +€21,253 | +34.8% |
| Amounts payable after more than one year | 17 | - | €17,214 | +€17,214 | |
| Financial debts | 170/4 | - | €17,214 | +€17,214 | |
| Amounts payable within one year | 42/48 | €61,119 | €65,157 | +€4,038 | +6.6% |
| Financial debts | 43 | - | €4,726 | +€4,726 | |
| Credit institutions | 430/8 | - | €4,726 | +€4,726 | |
| Trade debts | 44 | €5,253 | €6,735 | +€1,482 | +28.2% |
| Suppliers | 440/4 | €5,253 | €6,735 | +€1,482 | +28.2% |
| Taxes, remuneration and social security | 45 | €10,721 | €15,862 | +€5,141 | +48.0% |
| Taxes | 450/3 | €10,721 | €15,862 | +€5,141 | +48.0% |
| Other amounts payable | 47/48 | €45,145 | €37,834 | -€7,310 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,527 | €12,284 | +€6,757 | +122.3% |
| Other operating charges | 640/8 | €3,125 | €2,892 | -€233 | -7.5% |
| Gross operating margin | 9900 | €36,920 | €48,060 | +€11,140 | +30.2% |
| Operating profit (loss) | 9901 | €28,268 | €32,884 | +€4,616 | +16.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,072 | €4,262 | +€2,190 | +105.7% |
| Recurring financial charges | 65 | €2,072 | €4,262 | +€2,190 | +105.7% |
| Profit (loss) for the period before taxes | 9903 | €26,196 | €28,624 | +€2,427 | +9.3% |
| Income taxes | 67/77 | €6,256 | €9,175 | +€2,920 | +46.7% |
| Profit (loss) for the period | 9904 | €19,940 | €19,448 | -€492 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,940 | €19,448 | -€492 | -2.5% |
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 11 October 2026 via checked.be.