ANDIL: 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.
ANDIL
Largest movements
- Tangible fixed assets -€17,415
down €17,415 (-60.5%), from €28,770 to €11,355
of which Land and buildings: -€15,900
- Stocks and contracts +€10,396
up €10,396 (+23.4%), from €44,358 to €54,755
- Cash -€9,613
down €9,613 (-20.2%), from €47,655 to €38,042
mainly Trade debts (-€31,497) and Contributions, distributions and other (-€29,065)
- Trade debts -€31,497
down €31,497 (-35.8%), from €88,023 to €56,526
- Current portion of long-term debt -€20,985
down €20,985 (-82.0%), from €25,582 to €4,597
- Reserves +€18,535
up €18,535 (+69.6%), from €26,616 to €45,151
of which Distributable reserves: +€18,535
- Tax, wage and social debts +€14,377
up €14,377 (+80.0%), from €17,963 to €32,340
of which Remuneration and social security: +€7,195
- Other debts +€13,162
up €13,162 (+29.7%), from €44,304 to €57,466
- Gross operating margin +€38,794
up €38,794 (+24.7%), from €157,158 to €195,952
- Staff costs -€22,700
down €22,700 (-16.3%), from €139,389 to €116,689
- Taxes +€10,636
up €10,636 (+605.3%), from €1,757 to €12,394
- Depreciation -€3,436
down €3,436 (-16.5%), from €20,851 to €17,415
- Financial charges +€3,035
up €3,035 (+345.3%), from €879 to €3,914
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 | €257,736 | €240,396 | -€17,340 | -6.7% |
| Fixed assets | 21/28 | €29,588 | €12,173 | -€17,415 | -58.9% |
| Tangible fixed assets | 22/27 | €28,770 | €11,355 | -€17,415 | -60.5% |
| Land and buildings | 22 | €21,200 | €5,300 | -€15,900 | -75.0% |
| Furniture and vehicles | 24 | €803 | €335 | -€468 | -58.3% |
| Other tangible fixed assets | 26 | €6,767 | €5,721 | -€1,047 | -15.5% |
| Financial fixed assets | 28 | €818 | €818 | = | 0.0% |
| Current assets | 29/58 | €228,148 | €228,223 | +€75 | 0.0% |
| Stocks and contracts in progress | 3 | €44,358 | €54,755 | +€10,396 | +23.4% |
| Stocks | 30/36 | €44,358 | €54,755 | +€10,396 | +23.4% |
| Amounts receivable within one year | 40/41 | €136,135 | €135,427 | -€708 | -0.5% |
| Trade receivables | 40 | €620 | €4,960 | +€4,340 | +700.2% |
| Other amounts receivable | 41 | €135,515 | €130,467 | -€5,048 | -3.7% |
| Cash at bank and in hand | 54/58 | €47,655 | €38,042 | -€9,613 | -20.2% |
| Total equity and liabilities | 10/49 | €257,736 | €240,396 | -€17,340 | -6.7% |
| Equity | 10/15 | €69,563 | €89,467 | +€19,904 | +28.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,616 | €45,151 | +€18,535 | +69.6% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €23,616 | €42,151 | +€18,535 | +78.5% |
| Profit (loss) carried forward | 14 | €36,747 | €38,117 | +€1,370 | +3.7% |
| Amounts payable | 17/49 | €188,173 | €150,929 | -€37,244 | -19.8% |
| Amounts payable within one year | 42/48 | €188,165 | €150,929 | -€37,236 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €25,582 | €4,597 | -€20,985 | -82.0% |
| Financial debts | 43 | €12,293 | - | -€12,293 | |
| Credit institutions | 430/8 | €12,293 | - | -€12,293 | |
| Trade debts | 44 | €88,023 | €56,526 | -€31,497 | -35.8% |
| Suppliers | 440/4 | €88,023 | €56,526 | -€31,497 | -35.8% |
| Taxes, remuneration and social security | 45 | €17,963 | €32,340 | +€14,377 | +80.0% |
| Taxes | 450/3 | €3,778 | €10,960 | +€7,182 | +190.1% |
| Remuneration and social security | 454/9 | €14,185 | €21,380 | +€7,195 | +50.7% |
| Other amounts payable | 47/48 | €44,304 | €57,466 | +€13,162 | +29.7% |
| Accrued charges and deferred income | 492/3 | €8 | - | -€8 | |
| Non-recurring operating income | 76A | - | €10,950 | +€10,950 | |
| Remuneration, social security and pensions | 62 | €139,389 | €116,689 | -€22,700 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,851 | €17,415 | -€3,436 | -16.5% |
| Other operating charges | 640/8 | €3,401 | €3,607 | +€207 | +6.1% |
| Gross operating margin | 9900 | €157,158 | €195,952 | +€38,794 | +24.7% |
| Operating profit (loss) | 9901 | -€6,483 | €58,241 | +€64,724 | |
| Financial income | 75/76B | €7,514 | €7,036 | -€478 | -6.4% |
| Recurring financial income | 75 | €7,514 | €7,036 | -€478 | -6.4% |
| Financial charges | 65/66B | €879 | €3,914 | +€3,035 | +345.3% |
| Recurring financial charges | 65 | €879 | €3,914 | +€3,035 | +345.3% |
| Profit (loss) for the period before taxes | 9903 | €152 | €61,363 | +€61,211 | +40183.0% |
| Income taxes | 67/77 | €1,757 | €12,394 | +€10,636 | +605.3% |
| Profit (loss) for the period | 9904 | -€1,605 | €48,970 | +€50,574 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,605 | €48,970 | +€50,574 |
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 12 October 2026 via checked.be.