ANDIKEM: 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.
ANDIKEM
Largest movements
- Receivables after one year +€18,440
up €18,440 (+51.5%), from €35,787 to €54,227
- Receivables within one year +€18,180
up €18,180 (+3,017%), from €603 to €18,783
of which Trade receivables: +€14,458
- Cash +€13,181
up €13,181 (+19.8%), from €66,714 to €79,895
mainly Other debts (+€62,500) and Net result for the year (+€53,617)
- Deferred charges and accrued income +€5,986
up €5,986 (+424%), from €1,412 to €7,398
- Other debts +€62,500
new in 2025: €62,500
- Profit (loss) carried forward -€19,912
down €19,912 (-25.0%), from €79,801 to €59,889
- Tax, wage and social debts +€5,276
up €5,276 (+23.9%), from €22,034 to €27,310
- Trade debts +€3,357
up €3,357 (+109%), from €3,093 to €6,450
- Current portion of long-term debt +€2,752
new in 2025: €2,752
- Gross operating margin -€6,517
down €6,517 (-8.5%), from €77,012 to €70,495
- Financial income +€1,861
new in 2025: €1,861
- Taxes -€838
down €838 (-5.4%), from €15,483 to €14,645
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 | €109,927 | €162,901 | +€52,973 | +48.2% |
| Fixed assets | 21/28 | €5,411 | €2,598 | -€2,813 | -52.0% |
| Intangible fixed assets | 21 | €1,238 | - | -€1,238 | |
| Tangible fixed assets | 22/27 | €4,126 | €2,551 | -€1,574 | -38.2% |
| Furniture and vehicles | 24 | €2,209 | €1,102 | -€1,107 | -50.1% |
| Other tangible fixed assets | 26 | €1,917 | €1,450 | -€468 | -24.4% |
| Financial fixed assets | 28 | €47 | €47 | = | 0.0% |
| Current assets | 29/58 | €104,516 | €160,302 | +€55,786 | +53.4% |
| Amounts receivable after more than one year | 29 | €35,787 | €54,227 | +€18,440 | +51.5% |
| Other amounts receivable | 291 | €35,787 | €54,227 | +€18,440 | +51.5% |
| Amounts receivable within one year | 40/41 | €603 | €18,783 | +€18,180 | +3,017% |
| Trade receivables | 40 | €165 | €14,622 | +€14,458 | +8,783% |
| Other amounts receivable | 41 | €438 | €4,161 | +€3,723 | +850% |
| Cash at bank and in hand | 54/58 | €66,714 | €79,895 | +€13,181 | +19.8% |
| Deferred charges and accrued income | 490/1 | €1,412 | €7,398 | +€5,986 | +424% |
| Total equity and liabilities | 10/49 | €109,927 | €162,901 | +€52,973 | +48.2% |
| Equity | 10/15 | €83,801 | €63,889 | -€19,912 | -23.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,801 | €59,889 | -€19,912 | -25.0% |
| Amounts payable | 17/49 | €26,126 | €99,012 | +€72,886 | +279% |
| Amounts payable within one year | 42/48 | €25,126 | €99,012 | +€73,886 | +294% |
| Current portion of amounts payable after more than one year | 42 | - | €2,752 | +€2,752 | |
| Trade debts | 44 | €3,093 | €6,450 | +€3,357 | +109% |
| Suppliers | 440/4 | €3,093 | €6,450 | +€3,357 | +109% |
| Taxes, remuneration and social security | 45 | €22,034 | €27,310 | +€5,276 | +23.9% |
| Taxes | 450/3 | €22,034 | €27,310 | +€5,276 | +23.9% |
| Other amounts payable | 47/48 | - | €62,500 | +€62,500 | |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,411 | €2,813 | -€598 | -17.5% |
| Other operating charges | 640/8 | €683 | €711 | +€27 | +4.0% |
| Gross operating margin | 9900 | €77,012 | €70,495 | -€6,517 | -8.5% |
| Operating profit (loss) | 9901 | €72,917 | €66,971 | -€5,946 | -8.2% |
| Financial income | 75/76B | - | €1,861 | +€1,861 | |
| Recurring financial income | 75 | - | €1,861 | +€1,861 | |
| Financial charges | 65/66B | €405 | €569 | +€164 | +40.5% |
| Recurring financial charges | 65 | €405 | €569 | +€164 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €72,512 | €68,262 | -€4,249 | -5.9% |
| Income taxes | 67/77 | €15,483 | €14,645 | -€838 | -5.4% |
| Profit (loss) for the period | 9904 | €57,029 | €53,617 | -€3,411 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,029 | €53,617 | -€3,411 | -6.0% |
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 22 October 2026 via checked.be.