Andev Services: 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.
Andev Services
Largest movements
- Cash +€28,761
up €28,761 (+25.6%), from €112,240 to €141,001
mainly Net result for the year (+€56,911) and Tax, wage and social debts (+€55,495)
- Tangible fixed assets +€26,119
up €26,119 (+36.5%), from €71,576 to €97,695
of which Land and buildings: +€18,103
- Formation expenses -€6,000
down €6,000 (-33.3%), from €18,000 to €12,000
- Profit (loss) carried forward +€56,911
up €56,911 (+48.4%), from €117,545 to €174,456
- Tax, wage and social debts +€55,495
up €55,495 (+115.3%), from €48,113 to €103,609
of which Remuneration and social security: +€55,495
- Trade debts -€48,416
down €48,416 (-35.1%), from €137,764 to €89,348
- Other debts -€11,495
down €11,495 (-95.8%), from €11,995 to €500
- Gross operating margin +€289,929
up €289,929 (+14.7%), from €2.0m to €2.3m
- Staff costs +€226,552
up €226,552 (+11.6%), from €1.9m to €2.2m
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 | €335,827 | €388,323 | +€52,495 | +15.6% |
| Formation expenses | 20 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Fixed assets | 21/28 | €74,831 | €100,950 | +€26,119 | +34.9% |
| Tangible fixed assets | 22/27 | €71,576 | €97,695 | +€26,119 | +36.5% |
| Land and buildings | 22 | - | €18,103 | +€18,103 | |
| Plant, machinery and equipment | 23 | €6,111 | €16,282 | +€10,171 | +166.4% |
| Furniture and vehicles | 24 | €2,480 | €8,827 | +€6,347 | +255.9% |
| Other tangible fixed assets | 26 | €62,985 | €54,484 | -€8,502 | -13.5% |
| Financial fixed assets | 28 | €3,255 | €3,255 | = | 0.0% |
| Current assets | 29/58 | €242,996 | €275,373 | +€32,376 | +13.3% |
| Amounts receivable within one year | 40/41 | €130,757 | €134,372 | +€3,615 | +2.8% |
| Trade receivables | 40 | €124,018 | €87,750 | -€36,268 | -29.2% |
| Other amounts receivable | 41 | €6,739 | €46,622 | +€39,883 | +591.8% |
| Cash at bank and in hand | 54/58 | €112,240 | €141,001 | +€28,761 | +25.6% |
| Total equity and liabilities | 10/49 | €335,827 | €388,323 | +€52,495 | +15.6% |
| Equity | 10/15 | €137,955 | €194,866 | +€56,911 | +41.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,545 | €174,456 | +€56,911 | +48.4% |
| Amounts payable | 17/49 | €197,872 | €193,457 | -€4,416 | -2.2% |
| Amounts payable within one year | 42/48 | €197,872 | €193,457 | -€4,416 | -2.2% |
| Trade debts | 44 | €137,764 | €89,348 | -€48,416 | -35.1% |
| Suppliers | 440/4 | €137,764 | €89,348 | -€48,416 | -35.1% |
| Taxes, remuneration and social security | 45 | €48,113 | €103,609 | +€55,495 | +115.3% |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €48,113 | €103,609 | +€55,495 | +115.3% |
| Other amounts payable | 47/48 | €11,995 | €500 | -€11,495 | -95.8% |
| Remuneration, social security and pensions | 62 | €1,946,796 | €2,173,348 | +€226,552 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,366 | €23,756 | +€5,389 | +29.3% |
| Other operating charges | 640/8 | €4,497 | €1,409 | -€3,088 | -68.7% |
| Gross operating margin | 9900 | €1,976,213 | €2,266,141 | +€289,929 | +14.7% |
| Operating profit (loss) | 9901 | €6,553 | €67,629 | +€61,076 | +932.1% |
| Financial income | 75/76B | €13 | €1 | -€12 | -89.3% |
| Recurring financial income | 75 | €13 | €1 | -€12 | -89.3% |
| Financial charges | 65/66B | €414 | €219 | -€195 | -47.0% |
| Recurring financial charges | 65 | €414 | €219 | -€195 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €6,152 | €67,411 | +€61,259 | +995.8% |
| Income taxes | 67/77 | €10,663 | €10,500 | -€163 | -1.5% |
| Profit (loss) for the period | 9904 | -€4,512 | €56,911 | +€61,423 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,512 | €56,911 | +€61,423 |
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 7 October 2026 via checked.be.