ANALIS: 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.
What changed
ANALIS
NACE 32.500, Manufacture of medical and dental instruments and supplies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.3m-€192,980
Equity
€15.1m
2024 · €14.8m+€246,656
Cash
€1.7m
2024 · €1.2m+€469,775
Balance sheet total
€31.0m
2024 · €29.7m+€1.2m
Largest movements
Assets
- Financial fixed assets +€1.2m
up €1.2m (+43.0%), from €2.8m to €4.0m
of which Affiliated companies: +€1.8m
- Tangible fixed assets -€502,050
down €502,050 (-13.8%), from €3.6m to €3.1m
of which Leasing and similar rights: -€397,518
- Cash +€469,775
up €469,775 (+39.5%), from €1.2m to €1.7m
mainly Net result for the year (+€1.1m) and Trade debts (+€1.0m)
- Receivables within one year -€333,341
down €333,341 (-2.6%), from €13.0m to €12.6m
of which Other amounts receivable: -€861,550
Equity and liabilities
- Short-term financial debts -€1.5m
down €1.5m (-100.0%), from €1.5m to €0
- Trade debts +€1.0m
up €1.0m (+27.0%), from €3.8m to €4.8m
- Accrued charges and deferred income +€912,646
up €912,646 (+143.3%), from €636,677 to €1.5m
- Advances received +€756,805
up €756,805 (+45.9%), from €1.6m to €2.4m
- Debts after one year -€439,321
down €439,321 (-18.4%), from €2.4m to €2.0m
of which Financial debts: -€439,321
Income statement
- Turnover +€4.1m
up €4.1m (+9.7%), from €42.0m to €46.1m
- Goods and materials +€2.9m
up €2.9m (+13.0%), from €22.5m to €25.4m
of which Purchases: +€2.1m
- Financial charges +€723,946
up €723,946 (+557.7%), from €129,820 to €853,765
of which Non-recurring financial charges: +€639,666
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.
Result 2024
€1.3m
Turnover
+€4.1m
Other operating income
-€28,340
Goods and materials
-€2.9m
Services and other goods
-€399,298
Staff costs
+€243,638
Depreciation
-€12,936
Write-downs
-€9,818
Provisions
+€516
Other operating charges
-€1,553
Other operating items
-€214,777
Financial income
+€2,626
Financial charges
-€723,946
Taxes
-€195,454
Result 2025
€1.1m
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.
From operations
+€4.9m
Investment
-€1.7m
Financing
-€2.8m
Cash 2024
€1.2m
From operations (derived)
+€4.9m
Net result for the year
+€1.1m
Depreciation
+€840,922
Receivables after one year
+€200,000
Stocks and contracts
-€204,626
Receivables within one year
+€333,341
Deferred charges and accrued income
-€232,261
Provisions
+€7,954
Trade debts
+€1.0m
Tax, wage and social debts
-€192,737
Advances received
+€756,805
Other debts
+€404,738
Accrued charges and deferred income
+€912,646
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.7m
Current investments
-€124
Financing
-€2.8m
Debts after one year
-€439,321
Current portion of long-term debt
+€14,063
Short-term financial debts
-€1.5m
Contributions, distributions and other
-€825,000
Cash 2025
€1.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,746,983 | €30,982,491 | +€1.2m | +4.2% |
| Fixed assets | 21/28 | €6,413,740 | €7,275,803 | +€862,064 | +13.4% |
| Intangible fixed assets | 21 | €226 | €166,395 | +€166,168 | +73428.3% |
| Tangible fixed assets | 22/27 | €3,627,190 | €3,125,140 | -€502,050 | -13.8% |
| Land and buildings | 22 | €1,162,965 | €1,058,578 | -€104,387 | -9.0% |
| Plant, machinery and equipment | 23 | €16,538 | €39,662 | +€23,125 | +139.8% |
| Furniture and vehicles | 24 | €145,568 | €122,299 | -€23,269 | -16.0% |
| Leasing and similar rights | 25 | €2,302,119 | €1,904,601 | -€397,518 | -17.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €2,786,323 | €3,984,268 | +€1.2m | +43.0% |
| Affiliated companies | 280/1 | €2,000,001 | €3,815,287 | +€1.8m | +90.8% |
| Participating interests | 280 | €2,000,001 | €3,815,287 | +€1.8m | +90.8% |
| Companies linked by participating interests | 282/3 | - | €98,000 | +€98,000 | |
| Participating interests | 282 | - | €98,000 | +€98,000 | |
| Other financial fixed assets | 284/8 | €786,322 | €70,981 | -€715,341 | -91.0% |
| Shares | 284 | €745,167 | €7,501 | -€737,666 | -99.0% |
| Amounts receivable and cash guarantees | 285/8 | €41,155 | €63,480 | +€22,325 | +54.2% |
| Current assets | 29/58 | €23,333,243 | €23,706,688 | +€373,445 | +1.6% |
| Amounts receivable after more than one year | 29 | €200,000 | €0 | -€200,000 | -100.0% |
| Other amounts receivable | 291 | €200,000 | €0 | -€200,000 | -100.0% |
| Stocks and contracts in progress | 3 | €8,611,807 | €8,816,433 | +€204,626 | +2.4% |
| Stocks | 30/36 | €8,611,807 | €8,816,433 | +€204,626 | +2.4% |
| Goods purchased for resale | 34 | €8,611,807 | €8,816,433 | +€204,626 | +2.4% |
| Amounts receivable within one year | 40/41 | €12,967,036 | €12,633,695 | -€333,341 | -2.6% |
| Trade receivables | 40 | €11,165,652 | €11,693,860 | +€528,208 | +4.7% |
| Other amounts receivable | 41 | €1,801,384 | €939,835 | -€861,550 | -47.8% |
| Current investments | 50/53 | - | €124 | +€124 | |
| Other investments | 51/53 | - | €124 | +€124 | |
| Cash at bank and in hand | 54/58 | €1,188,823 | €1,658,599 | +€469,775 | +39.5% |
| Deferred charges and accrued income | 490/1 | €365,577 | €597,837 | +€232,261 | +63.5% |
| Total equity and liabilities | 10/49 | €29,746,983 | €30,982,491 | +€1.2m | +4.2% |
| Equity | 10/15 | €14,848,398 | €15,095,054 | +€246,656 | +1.7% |
| Contributions | 10/11 | €2,673,000 | €2,673,000 | = | 0.0% |
| Capital | 10 | €2,673,000 | €2,673,000 | = | 0.0% |
| Issued capital | 100 | €2,673,000 | €2,673,000 | = | 0.0% |
| Reserves | 13 | €2,965,034 | €2,965,034 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,722,564 | €1,888,959 | +€166,395 | +9.7% |
| Legal reserve | 130 | €330,000 | €330,000 | = | 0.0% |
| Other | 1319 | €1,392,564 | €1,558,959 | +€166,395 | +11.9% |
| Tax-exempt reserves | 132 | €7,694 | €7,694 | = | 0.0% |
| Distributable reserves | 133 | €1,234,775 | €1,068,381 | -€166,395 | -13.5% |
| Profit (loss) carried forward | 14 | €9,210,365 | €9,457,021 | +€246,656 | +2.7% |
| Provisions and deferred taxes | 16 | €52,456 | €60,411 | +€7,954 | +15.2% |
| Provisions for liabilities and charges | 160/5 | €52,456 | €60,411 | +€7,954 | +15.2% |
| Other liabilities and charges | 164/5 | €52,456 | €60,411 | +€7,954 | +15.2% |
| Amounts payable | 17/49 | €14,846,128 | €15,827,026 | +€980,898 | +6.6% |
| Amounts payable after more than one year | 17 | €2,391,580 | €1,952,258 | -€439,321 | -18.4% |
| Financial debts | 170/4 | €2,386,330 | €1,947,008 | -€439,321 | -18.4% |
| Leasing and similar obligations | 172 | €2,052,999 | €1,662,215 | -€390,784 | -19.0% |
| Credit institutions | 173 | €333,330 | €284,793 | -€48,537 | -14.6% |
| Other amounts payable | 178/9 | €5,250 | €5,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,817,872 | €12,325,445 | +€507,573 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €536,709 | €550,772 | +€14,063 | +2.6% |
| Financial debts | 43 | €1,500,000 | €0 | -€1.5m | -100.0% |
| Credit institutions | 430/8 | €1,500,000 | €0 | -€1.5m | -100.0% |
| Trade debts | 44 | €3,797,721 | €4,822,426 | +€1.0m | +27.0% |
| Suppliers | 440/4 | €3,797,721 | €4,822,426 | +€1.0m | +27.0% |
| Advances received on contracts in progress | 46 | €1,648,783 | €2,405,588 | +€756,805 | +45.9% |
| Taxes, remuneration and social security | 45 | €3,313,629 | €3,120,892 | -€192,737 | -5.8% |
| Taxes | 450/3 | €1,303,146 | €1,085,190 | -€217,957 | -16.7% |
| Remuneration and social security | 454/9 | €2,010,483 | €2,035,702 | +€25,219 | +1.3% |
| Other amounts payable | 47/48 | €1,021,030 | €1,425,768 | +€404,738 | +39.6% |
| Accrued charges and deferred income | 492/3 | €636,677 | €1,549,323 | +€912,646 | +143.3% |
| Operating income | 70/76A | €43,152,747 | €47,186,586 | +€4.0m | +9.3% |
| Turnover | 70 | €42,019,495 | €46,088,190 | +€4.1m | +9.7% |
| Other operating income | 74 | €1,119,354 | €1,091,014 | -€28,340 | -2.5% |
| Non-recurring operating income | 76A | €13,899 | €7,382 | -€6,517 | -46.9% |
| Operating charges | 60/66A | €41,284,560 | €44,594,605 | +€3.3m | +8.0% |
| Goods for resale, raw materials and consumables | 60 | €22,461,344 | €25,383,679 | +€2.9m | +13.0% |
| Purchases | 600/8 | €23,476,114 | €25,588,305 | +€2.1m | +9.0% |
| Change in stocks: decrease (increase) | 609 | -€1,014,770 | -€204,626 | +€810,144 | +79.8% |
| Services and other goods | 61 | €5,343,058 | €5,742,356 | +€399,298 | +7.5% |
| Remuneration, social security and pensions | 62 | €12,380,662 | €12,137,023 | -€243,638 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €827,987 | €840,922 | +€12,936 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,950 | -€132 | +€9,818 | +98.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8,470 | €7,954 | -€516 | -6.1% |
| Other operating charges | 640/8 | €149,230 | €150,784 | +€1,553 | +1.0% |
| Non-recurring operating charges | 66A | €123,760 | €332,019 | +€208,259 | +168.3% |
| Operating profit (loss) | 9901 | €1,868,188 | €2,591,980 | +€723,793 | +38.7% |
| Financial income | 75/76B | €83,927 | €86,554 | +€2,626 | +3.1% |
| Recurring financial income | 75 | €83,927 | €86,554 | +€2,626 | +3.1% |
| Income from current assets | 751 | €75,555 | €69,827 | -€5,728 | -7.6% |
| Other financial income | 752/9 | €8,372 | €16,727 | +€8,354 | +99.8% |
| Financial charges | 65/66B | €129,820 | €853,765 | +€723,946 | +557.7% |
| Recurring financial charges | 65 | €129,820 | €214,099 | +€84,280 | +64.9% |
| Debt charges | 650 | €81,728 | €77,350 | -€4,378 | -5.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €75,000 | +€75,000 | |
| Other financial charges | 652/9 | €48,092 | €61,749 | +€13,658 | +28.4% |
| Non-recurring financial charges | 66B | €0 | €639,666 | +€639,666 | |
| Profit (loss) for the period before taxes | 9903 | €1,822,295 | €1,824,768 | +€2,473 | +0.1% |
| Income taxes | 67/77 | €557,659 | €753,112 | +€195,454 | +35.0% |
| Taxes | 670/3 | €557,659 | €754,174 | +€196,515 | +35.2% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €1,062 | +€1,062 | |
| Profit (loss) for the period | 9904 | €1,264,636 | €1,071,656 | -€192,980 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,264,636 | €1,071,656 | -€192,980 | -15.3% |
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 12 October 2026 via checked.be.