ANDEF: 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.
ANDEF
Largest movements
- Cash +€11,052
up €11,052 (+1885.4%), from €586 to €11,638
mainly Net result for the year (+€13,310) and Tax, wage and social debts (+€5,718)
- Receivables within one year +€10,282
up €10,282, from €0 to €10,282
of which Trade receivables: +€10,282
- Profit (loss) carried forward +€13,310
up €13,310 (+5.8%), from -€231,010 to -€217,700
- Tax, wage and social debts +€5,718
up €5,718 (+970.8%), from €589 to €6,307
- Trade debts +€1,770
up €1,770 (+564.2%), from €314 to €2,084
- Other debts +€537
up €537 (+1.5%), from €34,749 to €35,285
- Gross operating margin +€18,055
up €18,055, from -€488 to €17,567
- Taxes +€3,613
up €3,613, from €0 to €3,613
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 | €586 | €21,920 | +€21,334 | +3639.4% |
| Current assets | 29/58 | €586 | €21,920 | +€21,334 | +3639.4% |
| Amounts receivable within one year | 40/41 | €0 | €10,282 | +€10,282 | |
| Trade receivables | 40 | - | €10,282 | +€10,282 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €586 | €11,638 | +€11,052 | +1885.4% |
| Total equity and liabilities | 10/49 | €586 | €21,920 | +€21,334 | +3639.4% |
| Equity | 10/15 | -€35,065 | -€21,756 | +€13,310 | +38.0% |
| Contributions | 10/11 | €195,945 | €195,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€231,010 | -€217,700 | +€13,310 | +5.8% |
| Amounts payable | 17/49 | €35,652 | €43,676 | +€8,024 | +22.5% |
| Amounts payable within one year | 42/48 | €35,652 | €43,676 | +€8,024 | +22.5% |
| Trade debts | 44 | €314 | €2,084 | +€1,770 | +564.2% |
| Suppliers | 440/4 | €314 | €2,084 | +€1,770 | +564.2% |
| Taxes, remuneration and social security | 45 | €589 | €6,307 | +€5,718 | +970.8% |
| Taxes | 450/3 | €589 | €6,307 | +€5,718 | +970.8% |
| Other amounts payable | 47/48 | €34,749 | €35,285 | +€537 | +1.5% |
| Other operating charges | 640/8 | €683 | €520 | -€163 | -23.9% |
| Gross operating margin | 9900 | -€488 | €17,567 | +€18,055 | |
| Operating profit (loss) | 9901 | -€1,171 | €17,047 | +€18,218 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €110 | €126 | +€15 | +13.8% |
| Recurring financial charges | 65 | €110 | €126 | +€15 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,281 | €16,923 | +€18,204 | |
| Income taxes | 67/77 | €0 | €3,613 | +€3,613 | |
| Profit (loss) for the period | 9904 | -€1,281 | €13,310 | +€14,591 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,281 | €13,310 | +€14,591 |
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 10 October 2026 via checked.be.