ANAKE: what changed
Two fiscal 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.
ANAKE
Largest movements
- Receivables within one year -€86,414
down €86,414 (-67.4%), from €128,297 to €41,883
of which Other amounts receivable: -€86,583
- Cash +€66,616
up €66,616 (+88.8%), from €74,980 to €141,597
mainly Receivables within one year (+€86,414) and Net result for the year (+€73,039)
- Intangible fixed assets -€58,889
down €58,889 (-21.3%), from €276,059 to €217,171
- Current investments +€20,000
up €20,000 (+11.1%), from €180,000 to €200,000
- Stocks and contracts +€12,161
up €12,161 (+9.2%), from €131,597 to €143,758
- Debts after one year -€57,645
down €57,645 (-51.8%), from €111,204 to €53,559
- Gross operating margin +€39,783
up €39,783 (+11.6%), from €343,944 to €383,726
- Taxes +€14,663
up €14,663 (+133.1%), from €11,014 to €25,677
- Staff costs -€12,995
down €12,995 (-6.4%), from €202,735 to €189,740
- Financial charges -€5,353
down €5,353 (-16.2%), from €33,134 to €27,782
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 | €854,203 | €792,006 | -€62,197 | -7.3% |
| Fixed assets | 21/28 | €319,200 | €251,726 | -€67,474 | -21.1% |
| Intangible fixed assets | 21 | €276,059 | €217,171 | -€58,889 | -21.3% |
| Tangible fixed assets | 22/27 | €32,755 | €24,169 | -€8,585 | -26.2% |
| Plant, machinery and equipment | 23 | €20,060 | €15,876 | -€4,184 | -20.9% |
| Furniture and vehicles | 24 | €12,695 | €6,720 | -€5,975 | -47.1% |
| Other tangible fixed assets | 26 | - | €1,573 | +€1,573 | |
| Financial fixed assets | 28 | €10,386 | €10,386 | = | 0.0% |
| Current assets | 29/58 | €535,003 | €540,280 | +€5,277 | +1.0% |
| Stocks and contracts in progress | 3 | €131,597 | €143,758 | +€12,161 | +9.2% |
| Stocks | 30/36 | €131,597 | €143,758 | +€12,161 | +9.2% |
| Amounts receivable within one year | 40/41 | €128,297 | €41,883 | -€86,414 | -67.4% |
| Trade receivables | 40 | €5,673 | €5,841 | +€168 | +3.0% |
| Other amounts receivable | 41 | €122,624 | €36,042 | -€86,583 | -70.6% |
| Current investments | 50/53 | €180,000 | €200,000 | +€20,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €74,980 | €141,597 | +€66,616 | +88.8% |
| Deferred charges and accrued income | 490/1 | €20,128 | €13,042 | -€7,086 | -35.2% |
| Total equity and liabilities | 10/49 | €854,203 | €792,006 | -€62,197 | -7.3% |
| Equity | 10/15 | €361,417 | €355,456 | -€5,961 | -1.6% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Reserves | 13 | €143,300 | €143,300 | = | 0.0% |
| Distributable reserves | 133 | €143,300 | €143,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,117 | €42,156 | -€5,961 | -12.4% |
| Amounts payable | 17/49 | €492,786 | €436,550 | -€56,236 | -11.4% |
| Amounts payable after more than one year | 17 | €111,204 | €53,559 | -€57,645 | -51.8% |
| Financial debts | 170/4 | €111,204 | €53,559 | -€57,645 | -51.8% |
| Amounts payable within one year | 42/48 | €380,500 | €382,991 | +€2,491 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €56,838 | €57,645 | +€806 | +1.4% |
| Trade debts | 44 | €225,589 | €224,365 | -€1,224 | -0.5% |
| Suppliers | 440/4 | €225,589 | €224,365 | -€1,224 | -0.5% |
| Taxes, remuneration and social security | 45 | €34,747 | €33,831 | -€916 | -2.6% |
| Taxes | 450/3 | €12,045 | €11,850 | -€195 | -1.6% |
| Remuneration and social security | 454/9 | €22,702 | €21,981 | -€721 | -3.2% |
| Other amounts payable | 47/48 | €63,325 | €67,150 | +€3,825 | +6.0% |
| Accrued charges and deferred income | 492/3 | €1,082 | - | -€1,082 | |
| Remuneration, social security and pensions | 62 | €202,735 | €189,740 | -€12,995 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,078 | €70,998 | -€80 | -0.1% |
| Other operating charges | 640/8 | €1,195 | €70 | -€1,125 | -94.1% |
| Gross operating margin | 9900 | €343,944 | €383,726 | +€39,783 | +11.6% |
| Operating profit (loss) | 9901 | €68,936 | €122,918 | +€53,982 | +78.3% |
| Financial income | 75/76B | €5,667 | €3,580 | -€2,088 | -36.8% |
| Recurring financial income | 75 | €5,667 | €3,580 | -€2,088 | -36.8% |
| Financial charges | 65/66B | €33,134 | €27,782 | -€5,353 | -16.2% |
| Recurring financial charges | 65 | €33,134 | €27,782 | -€5,353 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €41,469 | €98,716 | +€57,247 | +138.0% |
| Income taxes | 67/77 | €11,014 | €25,677 | +€14,663 | +133.1% |
| Profit (loss) for the period | 9904 | €30,455 | €73,039 | +€42,584 | +139.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,455 | €73,039 | +€42,584 | +139.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.