ANAMAX: 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.
ANAMAX
Largest movements
- Tangible fixed assets -€89,617
down €89,617 (-10.6%), from €848,051 to €758,434
of which Land and buildings: -€83,713
- Debts after one year -€83,305
down €83,305 (-13.8%), from €602,342 to €519,037
- Other debts -€18,649
down €18,649 (-13.7%), from €136,429 to €117,780
- Gross operating margin +€3,800
up €3,800 (+2.8%), from €137,427 to €141,227
- Depreciation +€3,312
up €3,312 (+7.2%), from €46,069 to €49,381
- Financial charges +€2,250
up €2,250 (+15.2%), from €14,762 to €17,012
- Staff costs +€1,492
up €1,492 (+4.0%), from €37,703 to €39,195
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 | €864,492 | €772,681 | -€91,811 | -10.6% |
| Fixed assets | 21/28 | €848,051 | €758,434 | -€89,617 | -10.6% |
| Tangible fixed assets | 22/27 | €848,051 | €758,434 | -€89,617 | -10.6% |
| Land and buildings | 22 | €815,822 | €732,109 | -€83,713 | -10.3% |
| Furniture and vehicles | 24 | €32,229 | €26,325 | -€5,904 | -18.3% |
| Current assets | 29/58 | €16,441 | €14,247 | -€2,194 | -13.3% |
| Amounts receivable within one year | 40/41 | €11,467 | €6,537 | -€4,930 | -43.0% |
| Trade receivables | 40 | €4,846 | €4,791 | -€55 | -1.1% |
| Other amounts receivable | 41 | €6,621 | €1,746 | -€4,875 | -73.6% |
| Cash at bank and in hand | 54/58 | €3,084 | €7,710 | +€4,626 | +150% |
| Deferred charges and accrued income | 490/1 | €1,890 | - | -€1,890 | |
| Total equity and liabilities | 10/49 | €864,492 | €772,681 | -€91,811 | -10.6% |
| Equity | 10/15 | €18,784 | €18,600 | -€184 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184 | - | -€184 | |
| Amounts payable | 17/49 | €845,708 | €754,081 | -€91,627 | -10.8% |
| Amounts payable after more than one year | 17 | €602,342 | €519,037 | -€83,305 | -13.8% |
| Financial debts | 170/4 | €602,342 | €519,037 | -€83,305 | -13.8% |
| Amounts payable within one year | 42/48 | €243,176 | €235,044 | -€8,132 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €87,974 | €90,718 | +€2,744 | +3.1% |
| Trade debts | 44 | €5,976 | €6,199 | +€223 | +3.7% |
| Suppliers | 440/4 | €5,976 | €6,199 | +€223 | +3.7% |
| Taxes, remuneration and social security | 45 | €12,797 | €20,347 | +€7,550 | +59.0% |
| Taxes | 450/3 | €7,750 | €11,712 | +€3,962 | +51.1% |
| Remuneration and social security | 454/9 | €5,047 | €8,635 | +€3,588 | +71.1% |
| Other amounts payable | 47/48 | €136,429 | €117,780 | -€18,649 | -13.7% |
| Accrued charges and deferred income | 492/3 | €190 | - | -€190 | |
| Remuneration, social security and pensions | 62 | €37,703 | €39,195 | +€1,492 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,069 | €49,381 | +€3,312 | +7.2% |
| Other operating charges | 640/8 | €3,142 | €4,545 | +€1,403 | +44.7% |
| Gross operating margin | 9900 | €137,427 | €141,227 | +€3,800 | +2.8% |
| Operating profit (loss) | 9901 | €50,513 | €48,106 | -€2,407 | -4.8% |
| Financial income | 75/76B | €44 | - | -€44 | |
| Recurring financial income | 75 | €44 | - | -€44 | |
| Financial charges | 65/66B | €14,762 | €17,012 | +€2,250 | +15.2% |
| Recurring financial charges | 65 | €14,762 | €17,012 | +€2,250 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €35,795 | €31,094 | -€4,701 | -13.1% |
| Income taxes | 67/77 | €7,750 | €8,824 | +€1,074 | +13.9% |
| Profit (loss) for the period | 9904 | €28,045 | €22,270 | -€5,775 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,045 | €22,270 | -€5,775 | -20.6% |
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 16 October 2026 via checked.be.