ANDIMAN & CO: 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.
ANDIMAN & CO
Largest movements
- Cash -€98,368
down €98,368 (-23.0%), from €427,295 to €328,928
mainly Investment in fixed assets (net) (-€84,949) and Tax, wage and social debts (-€74,233)
- Receivables within one year +€36,939
up €36,939 (+3.0%), from €1.2m to €1.3m
of which Other amounts receivable: +€62,795
- Financial fixed assets -€31,652
down €31,652 (-21.5%), from €147,385 to €115,732
- Stocks and contracts +€30,867
up €30,867 (+4.1%), from €745,132 to €775,999
of which Contracts in progress: +€182,500
- Tax, wage and social debts -€74,233
down €74,233 (-35.2%), from €210,667 to €136,434
of which Taxes: -€70,201
- Other debts +€35,000
up €35,000 (+10.9%), from €320,000 to €355,000
- Gross operating margin -€402,413
down €402,413 (-33.8%), from €1.2m to €787,166
- Taxes -€90,053
down €90,053 (-74.9%), from €120,177 to €30,124
- Staff costs +€40,547
up €40,547 (+6.8%), from €596,918 to €637,465
- Depreciation +€30,190
up €30,190 (+46.8%), from €64,547 to €94,737
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 | €2,962,766 | €2,938,976 | -€23,790 | -0.8% |
| Fixed assets | 21/28 | €569,304 | €559,516 | -€9,787 | -1.7% |
| Intangible fixed assets | 21 | €329 | - | -€329 | |
| Tangible fixed assets | 22/27 | €421,589 | €443,784 | +€22,194 | +5.3% |
| Land and buildings | 22 | €323,355 | €277,413 | -€45,941 | -14.2% |
| Plant, machinery and equipment | 23 | €45,219 | €29,039 | -€16,179 | -35.8% |
| Furniture and vehicles | 24 | €53,016 | €137,331 | +€84,315 | +159% |
| Financial fixed assets | 28 | €147,385 | €115,732 | -€31,652 | -21.5% |
| Current assets | 29/58 | €2,393,463 | €2,379,460 | -€14,003 | -0.6% |
| Stocks and contracts in progress | 3 | €745,132 | €775,999 | +€30,867 | +4.1% |
| Stocks | 30/36 | €556,522 | €404,889 | -€151,633 | -27.2% |
| Contracts in progress | 37 | €188,610 | €371,110 | +€182,500 | +96.8% |
| Amounts receivable within one year | 40/41 | €1,221,036 | €1,257,975 | +€36,939 | +3.0% |
| Trade receivables | 40 | €974,221 | €948,366 | -€25,855 | -2.7% |
| Other amounts receivable | 41 | €246,815 | €309,610 | +€62,795 | +25.4% |
| Cash at bank and in hand | 54/58 | €427,295 | €328,928 | -€98,368 | -23.0% |
| Deferred charges and accrued income | 490/1 | - | €16,558 | +€16,558 | |
| Total equity and liabilities | 10/49 | €2,962,766 | €2,938,976 | -€23,790 | -0.8% |
| Equity | 10/15 | €1,195,600 | €1,201,705 | +€6,105 | +0.5% |
| Contributions | 10/11 | €115,800 | €115,800 | = | 0.0% |
| Reserves | 13 | €354,460 | €354,460 | = | 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% |
| Tax-exempt reserves | 132 | €252,600 | €252,600 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €725,340 | €731,445 | +€6,105 | +0.8% |
| Amounts payable | 17/49 | €1,767,167 | €1,737,271 | -€29,895 | -1.7% |
| Amounts payable after more than one year | 17 | €147,720 | €129,720 | -€18,000 | -12.2% |
| Financial debts | 170/4 | €147,720 | €129,720 | -€18,000 | -12.2% |
| Amounts payable within one year | 42/48 | €1,619,447 | €1,607,551 | -€11,895 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €18,125 | €41,826 | +€23,701 | +131% |
| Financial debts | 43 | €5,055 | - | -€5,055 | |
| Credit institutions | 430/8 | €5,055 | - | -€5,055 | |
| Trade debts | 44 | €1,065,600 | €1,074,292 | +€8,692 | +0.8% |
| Suppliers | 440/4 | €1,065,600 | €1,074,292 | +€8,692 | +0.8% |
| Taxes, remuneration and social security | 45 | €210,667 | €136,434 | -€74,233 | -35.2% |
| Taxes | 450/3 | €134,918 | €64,717 | -€70,201 | -52.0% |
| Remuneration and social security | 454/9 | €75,749 | €71,717 | -€4,032 | -5.3% |
| Other amounts payable | 47/48 | €320,000 | €355,000 | +€35,000 | +10.9% |
| Remuneration, social security and pensions | 62 | €596,918 | €637,465 | +€40,547 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,547 | €94,737 | +€30,190 | +46.8% |
| Other operating charges | 640/8 | €9,990 | €10,876 | +€886 | +8.9% |
| Gross operating margin | 9900 | €1,189,580 | €787,166 | -€402,413 | -33.8% |
| Operating profit (loss) | 9901 | €518,124 | €44,089 | -€474,036 | -91.5% |
| Financial income | 75/76B | €3,797 | €416 | -€3,381 | -89.1% |
| Recurring financial income | 75 | €3,797 | €416 | -€3,381 | -89.1% |
| Financial charges | 65/66B | €13,899 | €8,275 | -€5,625 | -40.5% |
| Recurring financial charges | 65 | €13,899 | €8,275 | -€5,625 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €508,022 | €36,229 | -€471,792 | -92.9% |
| Income taxes | 67/77 | €120,177 | €30,124 | -€90,053 | -74.9% |
| Profit (loss) for the period | 9904 | €387,845 | €6,105 | -€381,739 | -98.4% |
| Transfer to tax-exempt reserves | 689 | €252,600 | - | -€252,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €135,245 | €6,105 | -€129,139 | -95.5% |
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 21 October 2026 via checked.be.