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Anarma: 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.

What changed

Anarma

BE 0674.615.204
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€168,096
2024 · €164,564+€3,532
Equity
€1.8m
2024 · €2.0m-€166,904
Cash
€108,445
2024 · €99,980+€8,465
Balance sheet total
€2.7m
2024 · €2.5m+€173,333

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€201,937

    up €201,937 (+319318.1%), from €63 to €202,000

  • Tangible fixed assets -€37,069

    down €37,069 (-42.4%), from €87,515 to €50,446

    of which Plant, machinery and equipment: -€26,092

Equity and liabilities
  • Other debts +€464,000

    up €464,000 (+629.2%), from €73,750 to €537,750

  • Reserves -€166,904

    down €166,904 (-8.4%), from €2.0m to €1.8m

    of which Distributable reserves: -€113,504

  • Debts after one year -€141,160

    down €141,160 (-45.7%), from €308,859 to €167,699

Income statement
  • Gross operating margin +€42,614

    up €42,614 (+17.5%), from €243,499 to €286,113

  • Taxes +€23,505

    up €23,505 (+46.8%), from €50,203 to €73,708

  • Depreciation +€16,529

    up €16,529 (+82.2%), from €20,097 to €36,626

From the 2024 result to the 2025 result

effect on the 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 €164,564
Gross operating margin +€42,614
Depreciation -€16,529
Other operating charges -€271
Other operating items -€444
Financial income -€129
Financial charges +€1,796
Taxes -€23,505
Result 2025 €168,096

Cash bridge derived

cash 2024 to 2025

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 +€482,453
Investment +€444
Financing -€474,432
Cash 2024 €99,980
Net result for the year +€168,096
Depreciation +€36,626
Receivables within one year -€201,937
Trade debts -€441
Tax, wage and social debts +€16,109
Other debts +€464,000
Investment in fixed assets (net) +€444
Debts after one year -€141,160
Current portion of long-term debt +€1,728
Contributions, distributions and other -€335,000
Cash 2025 €108,445
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,547,558 €2,720,891 +€173,333 +6.8%
Fixed assets 21/28 €2,447,515 €2,410,446 -€37,069 -1.5%
Tangible fixed assets 22/27 €87,515 €50,446 -€37,069 -42.4%
Plant, machinery and equipment 23 €44,936 €18,844 -€26,092 -58.1%
Furniture and vehicles 24 €42,579 €31,602 -€10,978 -25.8%
Financial fixed assets 28 €2,360,000 €2,360,000 = 0.0%
Current assets 29/58 €100,043 €310,445 +€210,402 +210.3%
Amounts receivable within one year 40/41 €63 €202,000 +€201,937 +319318.1%
Other amounts receivable 41 €63 €202,000 +€201,937 +319318.1%
Cash at bank and in hand 54/58 €99,980 €108,445 +€8,465 +8.5%
Deferred charges and accrued income 490/1 €0 - =
Total equity and liabilities 10/49 €2,547,558 €2,720,891 +€173,333 +6.8%
Equity 10/15 €2,005,128 €1,838,224 -€166,904 -8.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,986,528 €1,819,624 -€166,904 -8.4%
Tax-exempt reserves 132 €53,400 €0 -€53,400 -100.0%
Distributable reserves 133 €1,933,128 €1,819,624 -€113,504 -5.9%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €542,430 €882,667 +€340,237 +62.7%
Amounts payable after more than one year 17 €308,859 €167,699 -€141,160 -45.7%
Financial debts 170/4 €308,859 €167,699 -€141,160 -45.7%
Amounts payable within one year 42/48 €233,571 €714,968 +€481,396 +206.1%
Current portion of amounts payable after more than one year 42 €139,432 €141,160 +€1,728 +1.2%
Trade debts 44 €755 €314 -€441 -58.4%
Suppliers 440/4 €755 €314 -€441 -58.4%
Taxes, remuneration and social security 45 €19,635 €35,744 +€16,109 +82.0%
Taxes 450/3 €19,635 €35,744 +€16,109 +82.0%
Remuneration and social security 454/9 €0 - =
Other amounts payable 47/48 €73,750 €537,750 +€464,000 +629.2%
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,097 €36,626 +€16,529 +82.2%
Other operating charges 640/8 €1,177 €1,449 +€271 +23.0%
Non-recurring operating charges 66A - €444 +€444
Gross operating margin 9900 €243,499 €286,113 +€42,614 +17.5%
Operating profit (loss) 9901 €222,225 €247,595 +€25,370 +11.4%
Financial income 75/76B €129 €0 -€129 -100.0%
Recurring financial income 75 €129 €0 -€129 -100.0%
Financial charges 65/66B €7,587 €5,791 -€1,796 -23.7%
Recurring financial charges 65 €7,587 €5,791 -€1,796 -23.7%
Profit (loss) for the period before taxes 9903 €214,767 €241,804 +€27,037 +12.6%
Income taxes 67/77 €50,203 €73,708 +€23,505 +46.8%
Profit (loss) for the period 9904 €164,564 €168,096 +€3,532 +2.1%
Transfer from tax-exempt reserves 789 - €53,400 +€53,400
Profit (loss) for the period to be appropriated 9905 €164,564 €221,496 +€56,932 +34.6%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.