ANDANTE PROJECTS: 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.
ANDANTE PROJECTS
Largest movements
- Tangible fixed assets -€62,843
down €62,843 (-11.0%), from €569,554 to €506,712
- Profit (loss) carried forward -€72,141
down €72,141 (-74.5%), from €96,870 to €24,730
- Accrued charges and deferred income +€10,710
up €10,710 (+21.5%), from €49,822 to €60,532
- Financial charges +€10,707
up €10,707 (+4740.3%), from €226 to €10,933
- Gross operating margin -€944
down €944 (-36.6%), from €2,579 to €1,635
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 | €570,055 | €506,928 | -€63,127 | -11.1% |
| Fixed assets | 21/28 | €569,554 | €506,712 | -€62,843 | -11.0% |
| Tangible fixed assets | 22/27 | €569,554 | €506,712 | -€62,843 | -11.0% |
| Land and buildings | 22 | €569,554 | €506,712 | -€62,843 | -11.0% |
| Current assets | 29/58 | €500 | €216 | -€284 | -56.8% |
| Cash at bank and in hand | 54/58 | €500 | €216 | -€284 | -56.8% |
| Total equity and liabilities | 10/49 | €570,055 | €506,928 | -€63,127 | -11.1% |
| Equity | 10/15 | €364,177 | €292,036 | -€72,141 | -19.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €254,906 | €254,906 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €252,906 | €252,906 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,870 | €24,730 | -€72,141 | -74.5% |
| Amounts payable | 17/49 | €205,878 | €214,892 | +€9,014 | +4.4% |
| Amounts payable after more than one year | 17 | €154,059 | €153,000 | -€1,059 | -0.7% |
| Financial debts | 170/4 | €154,059 | €153,000 | -€1,059 | -0.7% |
| Amounts payable within one year | 42/48 | €1,998 | €1,361 | -€637 | -31.9% |
| Other amounts payable | 47/48 | €1,998 | €1,361 | -€637 | -31.9% |
| Accrued charges and deferred income | 492/3 | €49,822 | €60,532 | +€10,710 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,843 | €62,843 | = | 0.0% |
| Gross operating margin | 9900 | €2,579 | €1,635 | -€944 | -36.6% |
| Operating profit (loss) | 9901 | -€60,264 | -€61,208 | -€944 | -1.6% |
| Financial charges | 65/66B | €226 | €10,933 | +€10,707 | +4740.3% |
| Recurring financial charges | 65 | €226 | €10,933 | +€10,707 | +4740.3% |
| Profit (loss) for the period before taxes | 9903 | -€60,490 | -€72,141 | -€11,651 | -19.3% |
| Profit (loss) for the period | 9904 | -€60,490 | -€72,141 | -€11,651 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,490 | -€72,141 | -€11,651 | -19.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.