Anderlecht Property: 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.
Anderlecht Property
Largest movements
- Receivables within one year -€1.2m
down €1.2m (-47.3%), from €2.5m to €1.3m
of which Trade receivables: -€954,256
- Current portion of long-term debt -€13.8m
down €13.8m (-89.9%), from €15.3m to €1.5m
- Debts after one year +€11.5m
up €11.5m (+23.0%), from €49.9m to €61.4m
- Profit (loss) carried forward +€812,758
up €812,758 (+170.2%), from €477,599 to €1.3m
- Financial charges +€1.2m
up €1.2m (+91.4%), from €1.3m to €2.6m
- Gross operating margin +€668,133
up €668,133 (+8.1%), from €8.3m to €8.9m
- Taxes +€92,366
up €92,366 (+31.4%), from €294,591 to €386,957
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 | €77,223,069 | €75,872,296 | -€1.4m | -1.7% |
| Fixed assets | 21/28 | €74,528,474 | €74,100,000 | -€428,474 | -0.6% |
| Tangible fixed assets | 22/27 | €74,528,474 | €74,100,000 | -€428,474 | -0.6% |
| Land and buildings | 22 | €74,528,474 | €74,100,000 | -€428,474 | -0.6% |
| Current assets | 29/58 | €2,694,595 | €1,772,296 | -€922,299 | -34.2% |
| Amounts receivable within one year | 40/41 | €2,513,741 | €1,324,485 | -€1.2m | -47.3% |
| Trade receivables | 40 | €2,278,332 | €1,324,076 | -€954,256 | -41.9% |
| Other amounts receivable | 41 | €235,409 | €409 | -€235,000 | -99.8% |
| Cash at bank and in hand | 54/58 | €180,854 | €447,811 | +€266,957 | +147.6% |
| Total equity and liabilities | 10/49 | €77,223,069 | €75,872,296 | -€1.4m | -1.7% |
| Equity | 10/15 | €9,394,461 | €10,207,219 | +€812,758 | +8.7% |
| Contributions | 10/11 | €8,916,862 | €8,916,862 | = | 0.0% |
| Profit (loss) carried forward | 14 | €477,599 | €1,290,357 | +€812,758 | +170.2% |
| Amounts payable | 17/49 | €67,828,608 | €65,665,078 | -€2.2m | -3.2% |
| Amounts payable after more than one year | 17 | €49,938,198 | €61,442,981 | +€11.5m | +23.0% |
| Financial debts | 170/4 | €49,938,198 | €61,442,981 | +€11.5m | +23.0% |
| Amounts payable within one year | 42/48 | €16,077,889 | €1,787,422 | -€14.3m | -88.9% |
| Current portion of amounts payable after more than one year | 42 | €15,333,306 | €1,541,070 | -€13.8m | -89.9% |
| Trade debts | 44 | €733,663 | €83,262 | -€650,401 | -88.7% |
| Suppliers | 440/4 | €733,663 | €83,262 | -€650,401 | -88.7% |
| Taxes, remuneration and social security | 45 | €10,920 | €163,090 | +€152,170 | +1393.5% |
| Taxes | 450/3 | €10,920 | €163,090 | +€152,170 | +1393.5% |
| Accrued charges and deferred income | 492/3 | €1,812,522 | €2,434,675 | +€622,154 | +34.3% |
| Non-recurring operating income | 76A | - | €1,793,053 | +€1.8m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,221,526 | €2,221,526 | = | 0.0% |
| Other operating charges | 640/8 | €2,470,959 | €2,531,623 | +€60,664 | +2.5% |
| Non-recurring operating charges | 66A | €0 | €414,444 | +€414,444 | |
| Gross operating margin | 9900 | €8,266,066 | €8,934,199 | +€668,133 | +8.1% |
| Operating profit (loss) | 9901 | €3,573,581 | €3,766,606 | +€193,024 | +5.4% |
| Financial charges | 65/66B | €1,340,917 | €2,566,891 | +€1.2m | +91.4% |
| Recurring financial charges | 65 | €1,340,917 | €2,566,891 | +€1.2m | +91.4% |
| Profit (loss) for the period before taxes | 9903 | €2,232,664 | €1,199,715 | -€1.0m | -46.3% |
| Income taxes | 67/77 | €294,591 | €386,957 | +€92,366 | +31.4% |
| Profit (loss) for the period | 9904 | €1,938,073 | €812,758 | -€1.1m | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,938,073 | €812,758 | -€1.1m | -58.1% |
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.