ANATAVA: 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.
ANATAVA
Largest movements
- Receivables within one year +€184,676
up €184,676 (+70.1%), from €263,497 to €448,173
of which Trade receivables: +€157,147
- Cash -€95,779
down €95,779 (-24.0%), from €398,821 to €303,042
mainly Receivables within one year (-€184,676) and Deferred charges and accrued income (-€2,250)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€58,287
up €58,287 (+13.0%), from €447,233 to €505,520
- Staff costs +€25,966
up €25,966 (+6.2%), from €416,096 to €442,062
- Depreciation +€18,159
up €18,159 (+151.9%), from €11,955 to €30,114
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 | €7,984,509 | €8,045,542 | +€61,033 | +0.8% |
| Fixed assets | 21/28 | €7,320,006 | €7,289,891 | -€30,114 | -0.4% |
| Tangible fixed assets | 22/27 | €120,006 | €89,891 | -€30,114 | -25.1% |
| Furniture and vehicles | 24 | €120,006 | €89,891 | -€30,114 | -25.1% |
| Financial fixed assets | 28 | €7,200,000 | €7,200,000 | = | 0.0% |
| Current assets | 29/58 | €664,504 | €755,651 | +€91,147 | +13.7% |
| Amounts receivable within one year | 40/41 | €263,497 | €448,173 | +€184,676 | +70.1% |
| Trade receivables | 40 | €263,497 | €420,644 | +€157,147 | +59.6% |
| Other amounts receivable | 41 | - | €27,529 | +€27,529 | |
| Cash at bank and in hand | 54/58 | €398,821 | €303,042 | -€95,779 | -24.0% |
| Deferred charges and accrued income | 490/1 | €2,185 | €4,435 | +€2,250 | +103.0% |
| Total equity and liabilities | 10/49 | €7,984,509 | €8,045,542 | +€61,033 | +0.8% |
| Equity | 10/15 | €7,818,781 | €7,843,383 | +€24,602 | +0.3% |
| Contributions | 10/11 | €4,000,000 | €4,000,000 | = | 0.0% |
| Capital | 10 | €4,000,000 | €4,000,000 | = | 0.0% |
| Issued capital | 100 | €4,000,000 | €4,000,000 | = | 0.0% |
| Reserves | 13 | €3,559,686 | €3,560,936 | +€1,250 | 0.0% |
| Non-distributable reserves | 130/1 | €259,686 | €260,936 | +€1,250 | +0.5% |
| Legal reserve | 130 | €257,000 | €258,250 | +€1,250 | +0.5% |
| Other | 1319 | €2,686 | €2,686 | = | 0.0% |
| Distributable reserves | 133 | €3,300,000 | €3,300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €259,096 | €282,447 | +€23,352 | +9.0% |
| Amounts payable | 17/49 | €165,728 | €202,159 | +€36,431 | +22.0% |
| Amounts payable within one year | 42/48 | €165,728 | €202,159 | +€36,431 | +22.0% |
| Trade debts | 44 | €15,317 | €23,852 | +€8,535 | +55.7% |
| Suppliers | 440/4 | €15,317 | €23,852 | +€8,535 | +55.7% |
| Taxes, remuneration and social security | 45 | €135,833 | €146,052 | +€10,220 | +7.5% |
| Taxes | 450/3 | €59,795 | €68,354 | +€8,559 | +14.3% |
| Remuneration and social security | 454/9 | €76,037 | €77,698 | +€1,661 | +2.2% |
| Other amounts payable | 47/48 | €14,578 | €32,255 | +€17,677 | +121.3% |
| Remuneration, social security and pensions | 62 | €416,096 | €442,062 | +€25,966 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,955 | €30,114 | +€18,159 | +151.9% |
| Other operating charges | 640/8 | €2,601 | €1,224 | -€1,377 | -52.9% |
| Gross operating margin | 9900 | €447,233 | €505,520 | +€58,287 | +13.0% |
| Operating profit (loss) | 9901 | €16,581 | €32,120 | +€15,539 | +93.7% |
| Financial income | 75/76B | €65 | €93 | +€28 | +43.0% |
| Recurring financial income | 75 | €65 | €93 | +€28 | +43.0% |
| Financial charges | 65/66B | €152 | €141 | -€11 | -7.4% |
| Recurring financial charges | 65 | €152 | €141 | -€11 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €16,494 | €32,073 | +€15,578 | +94.4% |
| Income taxes | 67/77 | €7,726 | €7,471 | -€255 | -3.3% |
| Profit (loss) for the period | 9904 | €8,768 | €24,602 | +€15,834 | +180.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,768 | €24,602 | +€15,834 | +180.6% |
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 11 October 2026 via checked.be.