ANATOLL: 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.
ANATOLL
Largest movements
- Current investments +€15,292
up €15,292 (+50.8%), from €30,101 to €45,393
- Receivables within one year +€14,877
up €14,877 (+67.5%), from €22,029 to €36,906
of which Trade receivables: +€19,923
- Cash +€13,642
up €13,642 (+89.3%), from €15,271 to €28,913
mainly Net result for the year (+€36,332) and Depreciation (+€12,574)
- Tangible fixed assets -€10,323
down €10,323 (-8.3%), from €124,382 to €114,059
of which Land and buildings: -€8,188
- Reserves +€27,890
up €27,890 (+31.7%), from €88,000 to €115,890
- Debts after one year -€16,413
down €16,413 (-29.4%), from €55,830 to €39,418
- Tax, wage and social debts +€9,419
up €9,419 (+45.0%), from €20,940 to €30,359
of which Remuneration and social security: +€6,651
- Profit (loss) carried forward +€8,442
no longer reported in 2025 (was -€8,442)
- Trade debts +€7,983
up €7,983 (+127%), from €6,273 to €14,256
- Gross operating margin +€59,843
up €59,843 (+103%), from €57,877 to €117,720
- Taxes +€15,403
up €15,403 (+4,830%), from €319 to €15,722
- Depreciation -€6,229
down €6,229 (-33.1%), from €18,803 to €12,574
- Staff costs +€3,719
up €3,719 (+8.8%), from €42,378 to €46,097
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 | €197,612 | €232,168 | +€34,556 | +17.5% |
| Fixed assets | 21/28 | €124,382 | €114,059 | -€10,323 | -8.3% |
| Tangible fixed assets | 22/27 | €124,382 | €114,059 | -€10,323 | -8.3% |
| Land and buildings | 22 | €120,112 | €111,924 | -€8,188 | -6.8% |
| Plant, machinery and equipment | 23 | €495 | €67 | -€428 | -86.5% |
| Furniture and vehicles | 24 | €3,775 | €2,068 | -€1,707 | -45.2% |
| Current assets | 29/58 | €73,231 | €118,109 | +€44,879 | +61.3% |
| Amounts receivable within one year | 40/41 | €22,029 | €36,906 | +€14,877 | +67.5% |
| Trade receivables | 40 | €16,292 | €36,215 | +€19,923 | +122% |
| Other amounts receivable | 41 | €5,737 | €691 | -€5,046 | -88.0% |
| Current investments | 50/53 | €30,101 | €45,393 | +€15,292 | +50.8% |
| Cash at bank and in hand | 54/58 | €15,271 | €28,913 | +€13,642 | +89.3% |
| Deferred charges and accrued income | 490/1 | €5,829 | €6,897 | +€1,068 | +18.3% |
| Total equity and liabilities | 10/49 | €197,612 | €232,168 | +€34,556 | +17.5% |
| Equity | 10/15 | €94,258 | €130,590 | +€36,332 | +38.5% |
| Contributions | 10/11 | €14,700 | €14,700 | = | 0.0% |
| Reserves | 13 | €88,000 | €115,890 | +€27,890 | +31.7% |
| Distributable reserves | 133 | €88,000 | €115,890 | +€27,890 | +31.7% |
| Profit (loss) carried forward | 14 | -€8,442 | - | +€8,442 | |
| Amounts payable | 17/49 | €103,354 | €101,578 | -€1,776 | -1.7% |
| Amounts payable after more than one year | 17 | €55,830 | €39,418 | -€16,413 | -29.4% |
| Financial debts | 170/4 | €55,830 | €39,418 | -€16,413 | -29.4% |
| Amounts payable within one year | 42/48 | €47,524 | €62,160 | +€14,637 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €15,769 | €16,413 | +€643 | +4.1% |
| Trade debts | 44 | €6,273 | €14,256 | +€7,983 | +127% |
| Suppliers | 440/4 | €6,273 | €14,256 | +€7,983 | +127% |
| Taxes, remuneration and social security | 45 | €20,940 | €30,359 | +€9,419 | +45.0% |
| Taxes | 450/3 | €13,164 | €15,932 | +€2,768 | +21.0% |
| Remuneration and social security | 454/9 | €7,776 | €14,427 | +€6,651 | +85.5% |
| Other amounts payable | 47/48 | €4,542 | €1,133 | -€3,409 | -75.1% |
| Remuneration, social security and pensions | 62 | €42,378 | €46,097 | +€3,719 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,803 | €12,574 | -€6,229 | -33.1% |
| Other operating charges | 640/8 | €3,294 | €3,115 | -€179 | -5.4% |
| Gross operating margin | 9900 | €57,877 | €117,720 | +€59,843 | +103% |
| Operating profit (loss) | 9901 | -€6,599 | €55,933 | +€62,532 | |
| Financial income | 75/76B | €191 | €229 | +€39 | +20.2% |
| Recurring financial income | 75 | €191 | €229 | +€39 | +20.2% |
| Financial charges | 65/66B | €4,212 | €4,109 | -€103 | -2.4% |
| Recurring financial charges | 65 | €4,212 | €4,109 | -€103 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,620 | €52,053 | +€62,674 | |
| Income taxes | 67/77 | €319 | €15,722 | +€15,403 | +4,830% |
| Profit (loss) for the period | 9904 | -€10,939 | €36,332 | +€47,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,939 | €36,332 | +€47,271 |
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 21 October 2026 via checked.be.