ANDAFISK: 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.
ANDAFISK
Largest movements
- Cash +€37,251
up €37,251 (+21.8%), from €171,182 to €208,433
mainly Net result for the year (+€47,502) and Depreciation (+€5,104)
- Tangible fixed assets -€3,929
down €3,929 (-40.1%), from €9,805 to €5,876
of which Land and buildings: -€4,902
- Receivables within one year -€2,646
down €2,646 (-16.9%), from €15,670 to €13,023
- Reserves +€32,502
up €32,502 (+25.6%), from €127,148 to €159,650
of which Distributable reserves: +€32,502
- Debts after one year -€4,069
down €4,069 (-59.3%), from €6,858 to €2,789
- Gross operating margin +€4,795
up €4,795 (+7.2%), from €66,177 to €70,972
- Financial income -€1,208
down €1,208 (-60.4%), from €2,000 to €792
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,657 | €227,333 | +€30,676 | +15.6% |
| Fixed assets | 21/28 | €9,805 | €5,876 | -€3,929 | -40.1% |
| Tangible fixed assets | 22/27 | €9,805 | €5,876 | -€3,929 | -40.1% |
| Land and buildings | 22 | €9,768 | €4,866 | -€4,902 | -50.2% |
| Furniture and vehicles | 24 | €37 | €1,011 | +€973 | +2,612% |
| Current assets | 29/58 | €186,852 | €221,456 | +€34,605 | +18.5% |
| Amounts receivable within one year | 40/41 | €15,670 | €13,023 | -€2,646 | -16.9% |
| Trade receivables | 40 | €15,670 | €13,023 | -€2,646 | -16.9% |
| Cash at bank and in hand | 54/58 | €171,182 | €208,433 | +€37,251 | +21.8% |
| Total equity and liabilities | 10/49 | €196,657 | €227,333 | +€30,676 | +15.6% |
| Equity | 10/15 | €157,530 | €190,032 | +€32,502 | +20.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,148 | €159,650 | +€32,502 | +25.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €125,288 | €157,790 | +€32,502 | +25.9% |
| Profit (loss) carried forward | 14 | €11,782 | €11,782 | = | 0.0% |
| Amounts payable | 17/49 | €39,127 | €37,301 | -€1,826 | -4.7% |
| Amounts payable after more than one year | 17 | €6,858 | €2,789 | -€4,069 | -59.3% |
| Financial debts | 170/4 | €6,858 | €2,789 | -€4,069 | -59.3% |
| Amounts payable within one year | 42/48 | €32,269 | €34,512 | +€2,243 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €3,937 | €4,069 | +€133 | +3.4% |
| Trade debts | 44 | €1,385 | €1,040 | -€345 | -24.9% |
| Suppliers | 440/4 | €1,385 | €1,040 | -€345 | -24.9% |
| Taxes, remuneration and social security | 45 | €4,417 | €4,750 | +€333 | +7.5% |
| Taxes | 450/3 | €4,417 | €4,750 | +€333 | +7.5% |
| Other amounts payable | 47/48 | €22,531 | €24,653 | +€2,122 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,430 | €5,104 | -€326 | -6.0% |
| Other operating charges | 640/8 | €1,181 | €1,216 | +€35 | +3.0% |
| Gross operating margin | 9900 | €66,177 | €70,972 | +€4,795 | +7.2% |
| Operating profit (loss) | 9901 | €59,566 | €64,651 | +€5,085 | +8.5% |
| Financial income | 75/76B | €2,000 | €792 | -€1,208 | -60.4% |
| Recurring financial income | 75 | €2,000 | €792 | -€1,208 | -60.4% |
| Financial charges | 65/66B | €541 | €411 | -€130 | -24.0% |
| Recurring financial charges | 65 | €541 | €411 | -€130 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €61,025 | €65,033 | +€4,007 | +6.6% |
| Income taxes | 67/77 | €16,854 | €17,531 | +€677 | +4.0% |
| Profit (loss) for the period | 9904 | €44,171 | €47,502 | +€3,331 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,171 | €47,502 | +€3,331 | +7.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.