ANDK: 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.
ANDK
Largest movements
- Tangible fixed assets -€9,704
down €9,704 (-59.0%), from €16,450 to €6,747
of which Land and buildings: -€9,704
- Cash -€3,115
down €3,115 (-44.6%), from €6,993 to €3,877
mainly Other debts (-€13,300) and Tax, wage and social debts (-€1,197)
- Receivables within one year -€1,330
down €1,330 (-30.8%), from €4,324 to €2,994
of which Trade receivables: -€1,441
- Other debts -€13,300
down €13,300 (-7.4%), from €179,170 to €165,870
- Tax, wage and social debts -€1,197
no longer reported in 2025 (was €1,197)
- Profit (loss) carried forward +€347
up €347 (+0.1%), from -€254,804 to -€254,457
- Turnover -€8,737
down €8,737 (-43.2%), from €20,214 to €11,477
- Gross operating margin -€8,627
down €8,627 (-43.8%), from €19,699 to €11,072
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 | €27,767 | €13,618 | -€14,149 | -51.0% |
| Fixed assets | 21/28 | €16,450 | €6,747 | -€9,704 | -59.0% |
| Tangible fixed assets | 22/27 | €16,450 | €6,747 | -€9,704 | -59.0% |
| Land and buildings | 22 | €14,656 | €4,952 | -€9,704 | -66.2% |
| Plant, machinery and equipment | 23 | €1,794 | €1,794 | = | 0.0% |
| Current assets | 29/58 | €11,317 | €6,871 | -€4,446 | -39.3% |
| Amounts receivable within one year | 40/41 | €4,324 | €2,994 | -€1,330 | -30.8% |
| Trade receivables | 40 | €1,441 | - | -€1,441 | |
| Other amounts receivable | 41 | €2,883 | €2,994 | +€111 | +3.9% |
| Cash at bank and in hand | 54/58 | €6,993 | €3,877 | -€3,115 | -44.6% |
| Total equity and liabilities | 10/49 | €27,767 | €13,618 | -€14,149 | -51.0% |
| Equity | 10/15 | -€152,600 | -€152,252 | +€347 | +0.2% |
| Contributions | 10/11 | €101,089 | €101,089 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,089 | €1,089 | = | 0.0% |
| Share premium | 1100/10 | €1,089 | €1,089 | = | 0.0% |
| Reserves | 13 | €1,116 | €1,116 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,116 | €1,116 | = | 0.0% |
| Legal reserve | 130 | €1,116 | €1,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€254,804 | -€254,457 | +€347 | +0.1% |
| Amounts payable | 17/49 | €180,367 | €165,870 | -€14,497 | -8.0% |
| Amounts payable within one year | 42/48 | €180,367 | €165,870 | -€14,497 | -8.0% |
| Taxes, remuneration and social security | 45 | €1,197 | - | -€1,197 | |
| Taxes | 450/3 | €1,197 | - | -€1,197 | |
| Other amounts payable | 47/48 | €179,170 | €165,870 | -€13,300 | -7.4% |
| Turnover | 70 | €20,214 | €11,477 | -€8,737 | -43.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €515 | €405 | -€109 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,758 | €9,704 | -€54 | -0.6% |
| Other operating charges | 640/8 | €716 | €835 | +€119 | +16.6% |
| Gross operating margin | 9900 | €19,699 | €11,072 | -€8,627 | -43.8% |
| Operating profit (loss) | 9901 | €9,225 | €532 | -€8,693 | -94.2% |
| Financial charges | 65/66B | €238 | €185 | -€53 | -22.1% |
| Recurring financial charges | 65 | €238 | €185 | -€53 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €8,988 | €347 | -€8,640 | -96.1% |
| Profit (loss) for the period | 9904 | €8,988 | €347 | -€8,640 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,988 | €347 | -€8,640 | -96.1% |
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 11 October 2026 via checked.be.