ANDDOR: 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.
ANDDOR
Largest movements
- Cash -€210,764
down €210,764 (-92.6%), from €227,710 to €16,946
mainly Contributions, distributions and other (-€200,000) and Other debts (-€100,930)
- Receivables within one year -€100,000
no longer reported in 2025 (was €100,000)
- Reserves -€182,913
down €182,913 (-5.0%), from €3.6m to €3.5m
- Other debts -€100,930
down €100,930 (-38.3%), from €263,758 to €162,828
- Gross operating margin -€131,254
down €131,254 (-79.6%), from €164,811 to €33,557
- Taxes -€34,793
down €34,793 (-84.3%), from €41,258 to €6,465
- Depreciation -€2,714
down €2,714 (-22.4%), from €12,129 to €9,415
- Financial income -€1,758
down €1,758 (-58.6%), from €3,000 to €1,242
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 | €4,196,898 | €3,875,449 | -€321,449 | -7.7% |
| Fixed assets | 21/28 | €3,863,125 | €3,853,710 | -€9,415 | -0.2% |
| Tangible fixed assets | 22/27 | €239,975 | €230,560 | -€9,415 | -3.9% |
| Land and buildings | 22 | €232,695 | €229,484 | -€3,211 | -1.4% |
| Furniture and vehicles | 24 | €7,280 | €1,076 | -€6,204 | -85.2% |
| Financial fixed assets | 28 | €3,623,150 | €3,623,150 | = | 0.0% |
| Current assets | 29/58 | €333,773 | €21,739 | -€312,034 | -93.5% |
| Amounts receivable within one year | 40/41 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 41 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €227,710 | €16,946 | -€210,764 | -92.6% |
| Deferred charges and accrued income | 490/1 | €6,063 | €4,793 | -€1,270 | -20.9% |
| Total equity and liabilities | 10/49 | €4,196,898 | €3,875,449 | -€321,449 | -7.7% |
| Equity | 10/15 | €3,873,832 | €3,690,919 | -€182,913 | -4.7% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Reserves | 13 | €3,633,832 | €3,450,919 | -€182,913 | -5.0% |
| Distributable reserves | 133 | €3,633,832 | €3,450,919 | -€182,913 | -5.0% |
| Amounts payable | 17/49 | €323,065 | €184,530 | -€138,536 | -42.9% |
| Amounts payable within one year | 42/48 | €320,869 | €183,341 | -€137,528 | -42.9% |
| Trade debts | 44 | €36,633 | €11,726 | -€24,907 | -68.0% |
| Suppliers | 440/4 | €36,633 | €11,726 | -€24,907 | -68.0% |
| Taxes, remuneration and social security | 45 | €20,478 | €8,787 | -€11,691 | -57.1% |
| Taxes | 450/3 | €20,478 | €5,560 | -€14,918 | -72.9% |
| Remuneration and social security | 454/9 | - | €3,227 | +€3,227 | |
| Other amounts payable | 47/48 | €263,758 | €162,828 | -€100,930 | -38.3% |
| Accrued charges and deferred income | 492/3 | €2,197 | €1,189 | -€1,008 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,129 | €9,415 | -€2,714 | -22.4% |
| Other operating charges | 640/8 | €3,322 | €1,832 | -€1,490 | -44.9% |
| Gross operating margin | 9900 | €164,811 | €33,557 | -€131,254 | -79.6% |
| Operating profit (loss) | 9901 | €149,360 | €22,310 | -€127,050 | -85.1% |
| Financial income | 75/76B | €3,000 | €1,242 | -€1,758 | -58.6% |
| Recurring financial income | 75 | €3,000 | €1,242 | -€1,758 | -58.6% |
| Financial charges | 65/66B | €857 | - | -€857 | |
| Recurring financial charges | 65 | €857 | - | -€857 | |
| Profit (loss) for the period before taxes | 9903 | €151,504 | €23,552 | -€127,952 | -84.5% |
| Income taxes | 67/77 | €41,258 | €6,465 | -€34,793 | -84.3% |
| Profit (loss) for the period | 9904 | €110,245 | €17,087 | -€93,159 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €110,245 | €17,087 | -€93,159 | -84.5% |
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 24 October 2026 via checked.be.