ANAVATAN: 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.
ANAVATAN
Largest movements
- Receivables within one year +€8,171
up €8,171 (+3418.7%), from €239 to €8,410
of which Trade receivables: +€8,410
- Stocks and contracts -€296
down €296 (-100.0%), from €296 to €0
- Tangible fixed assets -€126
down €126 (-100.0%), from €126 to €0
- Cash +€121
new in 2025: €121
mainly Other debts (+€14,848) and Tax, wage and social debts (+€4,393)
- Other debts +€14,848
up €14,848 (+17.3%), from €85,613 to €100,461
- Profit (loss) carried forward -€11,221
down €11,221 (-9.5%), from -€117,749 to -€128,970
- Tax, wage and social debts +€4,393
up €4,393 (+81.9%), from €5,363 to €9,756
of which Remuneration and social security: +€3,005
- Trade debts -€149
down €149 (-1.7%), from €8,541 to €8,392
- Staff costs +€26,596
up €26,596 (+356.5%), from €7,461 to €34,057
- Gross operating margin +€25,487
up €25,487, from -€1,351 to €24,136
- Other operating charges +€964
up €964 (+489.8%), from €197 to €1,160
- Depreciation -€432
down €432 (-100.0%), from €432 to €0
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 | €660 | €8,531 | +€7,871 | +1191.9% |
| Fixed assets | 21/28 | €126 | €0 | -€126 | -100.0% |
| Tangible fixed assets | 22/27 | €126 | €0 | -€126 | -100.0% |
| Plant, machinery and equipment | 23 | €126 | €0 | -€126 | -100.0% |
| Current assets | 29/58 | €535 | €8,531 | +€7,996 | +1495.2% |
| Stocks and contracts in progress | 3 | €296 | €0 | -€296 | -100.0% |
| Stocks | 30/36 | €296 | €0 | -€296 | -100.0% |
| Amounts receivable within one year | 40/41 | €239 | €8,410 | +€8,171 | +3418.7% |
| Trade receivables | 40 | - | €8,410 | +€8,410 | |
| Other amounts receivable | 41 | €239 | €0 | -€239 | -100.0% |
| Cash at bank and in hand | 54/58 | - | €121 | +€121 | |
| Total equity and liabilities | 10/49 | €660 | €8,531 | +€7,871 | +1191.9% |
| Equity | 10/15 | -€98,857 | -€110,078 | -€11,221 | -11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €292 | €292 | = | 0.0% |
| Non-distributable reserves | 130/1 | €292 | €292 | = | 0.0% |
| Reserves not available under the articles | 1311 | €292 | €292 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,749 | -€128,970 | -€11,221 | -9.5% |
| Amounts payable | 17/49 | €99,517 | €118,609 | +€19,092 | +19.2% |
| Amounts payable within one year | 42/48 | €99,517 | €118,609 | +€19,092 | +19.2% |
| Trade debts | 44 | €8,541 | €8,392 | -€149 | -1.7% |
| Suppliers | 440/4 | €8,541 | €8,392 | -€149 | -1.7% |
| Taxes, remuneration and social security | 45 | €5,363 | €9,756 | +€4,393 | +81.9% |
| Taxes | 450/3 | - | €1,387 | +€1,387 | |
| Remuneration and social security | 454/9 | €5,363 | €8,368 | +€3,005 | +56.0% |
| Other amounts payable | 47/48 | €85,613 | €100,461 | +€14,848 | +17.3% |
| Remuneration, social security and pensions | 62 | €7,461 | €34,057 | +€26,596 | +356.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €432 | €0 | -€432 | -100.0% |
| Other operating charges | 640/8 | €197 | €1,160 | +€964 | +489.8% |
| Gross operating margin | 9900 | -€1,351 | €24,136 | +€25,487 | |
| Operating profit (loss) | 9901 | -€9,441 | -€11,082 | -€1,641 | -17.4% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €98 | €164 | +€66 | +67.3% |
| Recurring financial charges | 65 | €98 | €164 | +€66 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,539 | -€11,221 | -€1,682 | -17.6% |
| Profit (loss) for the period | 9904 | -€9,539 | -€11,221 | -€1,682 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,539 | -€11,221 | -€1,682 | -17.6% |
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.