ANDIVI: 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.
ANDIVI
Largest movements
- Tangible fixed assets -€103,507
down €103,507 (-12.2%), from €849,652 to €746,145
of which Land and buildings: -€82,518
- Other debts -€61,000
down €61,000 (-3.3%), from €1.9m to €1.8m
- Current portion of long-term debt -€38,426
down €38,426 (-59.0%), from €65,102 to €26,675
- Debts after one year -€26,675
no longer reported in 2025 (was €26,675)
- Accrued charges and deferred income +€13,529
up €13,529 (+190%), from €7,134 to €20,663
- Write-downs -€183,682
no longer reported in 2025 (was €183,682)
- Gross operating margin +€6,208
up €6,208 (+6.1%), from €101,381 to €107,588
- Other operating charges -€5,755
down €5,755 (-79.1%), from €7,272 to €1,518
- Financial charges -€1,974
down €1,974 (-44.3%), from €4,452 to €2,478
- Depreciation -€1,578
down €1,578 (-1.5%), from €105,085 to €103,507
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 | €901,708 | €789,230 | -€112,478 | -12.5% |
| Fixed assets | 21/28 | €849,652 | €746,145 | -€103,507 | -12.2% |
| Tangible fixed assets | 22/27 | €849,652 | €746,145 | -€103,507 | -12.2% |
| Land and buildings | 22 | €758,629 | €676,112 | -€82,518 | -10.9% |
| Plant, machinery and equipment | 23 | €91,022 | €70,033 | -€20,990 | -23.1% |
| Current assets | 29/58 | €52,056 | €43,086 | -€8,971 | -17.2% |
| Amounts receivable within one year | 40/41 | €41,026 | €34,489 | -€6,537 | -15.9% |
| Trade receivables | 40 | €33,858 | €34,489 | +€631 | +1.9% |
| Other amounts receivable | 41 | €7,168 | - | -€7,168 | |
| Cash at bank and in hand | 54/58 | €8,552 | €6,631 | -€1,921 | -22.5% |
| Deferred charges and accrued income | 490/1 | €2,478 | €1,965 | -€513 | -20.7% |
| Total equity and liabilities | 10/49 | €901,708 | €789,230 | -€112,478 | -12.5% |
| Equity | 10/15 | -€1,062,254 | -€1,062,168 | +€85 | 0.0% |
| Contributions | 10/11 | €141,033 | €141,033 | = | 0.0% |
| Reserves | 13 | €84,834 | €84,834 | = | 0.0% |
| Distributable reserves | 133 | €84,834 | €84,834 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,288,121 | -€1,288,035 | +€85 | 0.0% |
| Amounts payable | 17/49 | €1,963,962 | €1,851,399 | -€112,563 | -5.7% |
| Amounts payable after more than one year | 17 | €26,675 | - | -€26,675 | |
| Financial debts | 170/4 | €26,675 | - | -€26,675 | |
| Amounts payable within one year | 42/48 | €1,930,152 | €1,830,736 | -€99,417 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €65,102 | €26,675 | -€38,426 | -59.0% |
| Trade debts | 44 | €3,312 | €607 | -€2,705 | -81.7% |
| Suppliers | 440/4 | €3,312 | €607 | -€2,705 | -81.7% |
| Taxes, remuneration and social security | 45 | - | €2,715 | +€2,715 | |
| Taxes | 450/3 | - | €2,715 | +€2,715 | |
| Other amounts payable | 47/48 | €1,861,739 | €1,800,739 | -€61,000 | -3.3% |
| Accrued charges and deferred income | 492/3 | €7,134 | €20,663 | +€13,529 | +190% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,085 | €103,507 | -€1,578 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €183,682 | - | -€183,682 | |
| Other operating charges | 640/8 | €7,272 | €1,518 | -€5,755 | -79.1% |
| Gross operating margin | 9900 | €101,381 | €107,588 | +€6,208 | +6.1% |
| Operating profit (loss) | 9901 | -€194,659 | €2,564 | +€197,223 | |
| Financial charges | 65/66B | €4,452 | €2,478 | -€1,974 | -44.3% |
| Recurring financial charges | 65 | €4,452 | €2,478 | -€1,974 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | -€199,111 | €85 | +€199,197 | |
| Profit (loss) for the period | 9904 | -€199,111 | €85 | +€199,197 | |
| Profit (loss) for the period to be appropriated | 9905 | -€199,111 | €85 | +€199,197 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.