ANDIRA PROJECTS: 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.
ANDIRA PROJECTS
Largest movements
- Receivables within one year +€8,418
up €8,418 (+102.6%), from €8,204 to €16,621
of which Trade receivables: +€9,453
- Tangible fixed assets -€1,946
down €1,946 (-33.3%), from €5,845 to €3,899
- Deferred charges and accrued income -€1,793
down €1,793 (-95.6%), from €1,876 to €83
- Reserves +€4,400
up €4,400 (+6.7%), from €66,000 to €70,400
- Tax, wage and social debts +€1,775
new in 2025: €1,775
- Other debts -€1,477
down €1,477 (-94.3%), from €1,566 to €89
- Gross operating margin -€81,348
down €81,348 (-89.1%), from €91,326 to €9,979
- Taxes -€19,059
down €19,059, from €18,341 to -€718
- Other operating charges -€1,279
down €1,279 (-66.4%), from €1,927 to €648
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 | €72,530 | €76,918 | +€4,388 | +6.1% |
| Fixed assets | 21/28 | €5,845 | €3,899 | -€1,946 | -33.3% |
| Tangible fixed assets | 22/27 | €5,845 | €3,899 | -€1,946 | -33.3% |
| Furniture and vehicles | 24 | €5,845 | €3,899 | -€1,946 | -33.3% |
| Current assets | 29/58 | €66,684 | €73,019 | +€6,335 | +9.5% |
| Amounts receivable within one year | 40/41 | €8,204 | €16,621 | +€8,418 | +102.6% |
| Trade receivables | 40 | €6,692 | €16,145 | +€9,453 | +141.3% |
| Other amounts receivable | 41 | €1,512 | €476 | -€1,036 | -68.5% |
| Cash at bank and in hand | 54/58 | €56,605 | €56,314 | -€291 | -0.5% |
| Deferred charges and accrued income | 490/1 | €1,876 | €83 | -€1,793 | -95.6% |
| Total equity and liabilities | 10/49 | €72,530 | €76,918 | +€4,388 | +6.1% |
| Equity | 10/15 | €69,000 | €73,400 | +€4,400 | +6.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €66,000 | €70,400 | +€4,400 | +6.7% |
| Distributable reserves | 133 | €66,000 | €70,400 | +€4,400 | +6.7% |
| Amounts payable | 17/49 | €3,530 | €3,518 | -€12 | -0.3% |
| Amounts payable within one year | 42/48 | €3,530 | €3,518 | -€12 | -0.3% |
| Trade debts | 44 | €1,963 | €1,654 | -€309 | -15.7% |
| Suppliers | 440/4 | €1,963 | €1,654 | -€309 | -15.7% |
| Taxes, remuneration and social security | 45 | - | €1,775 | +€1,775 | |
| Taxes | 450/3 | - | €1,775 | +€1,775 | |
| Other amounts payable | 47/48 | €1,566 | €89 | -€1,477 | -94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,180 | €3,796 | -€384 | -9.2% |
| Other operating charges | 640/8 | €1,927 | €648 | -€1,279 | -66.4% |
| Gross operating margin | 9900 | €91,326 | €9,979 | -€81,348 | -89.1% |
| Operating profit (loss) | 9901 | €85,220 | €5,535 | -€79,685 | -93.5% |
| Financial income | 75/76B | €101 | €571 | +€471 | +468.2% |
| Recurring financial income | 75 | €101 | €571 | +€471 | +468.2% |
| Financial charges | 65/66B | €169 | €83 | -€86 | -51.0% |
| Recurring financial charges | 65 | €169 | €83 | -€86 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €85,151 | €6,023 | -€79,128 | -92.9% |
| Income taxes | 67/77 | €18,341 | -€718 | -€19,059 | |
| Profit (loss) for the period | 9904 | €66,810 | €6,741 | -€60,069 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,810 | €6,741 | -€60,069 | -89.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.