ANDOS: 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.
ANDOS
Largest movements
- Tangible fixed assets -€13,961
down €13,961 (-3.7%), from €378,392 to €364,431
of which Land and buildings: -€41,232
- Deferred charges and accrued income -€5,394
down €5,394 (-63.9%), from €8,444 to €3,050
- Cash -€4,151
down €4,151 (-62.6%), from €6,634 to €2,483
mainly Current portion of long-term debt (-€37,047) and Debts after one year (-€14,252)
- Current portion of long-term debt -€37,047
down €37,047 (-85.6%), from €43,280 to €6,233
- Reserves +€27,624
up €27,624 (+56.2%), from €49,137 to €76,761
of which Distributable reserves: +€25,595
- Debts after one year -€14,252
down €14,252 (-9.0%), from €158,394 to €144,142
of which Financial debts: -€14,252
- Trade debts -€7,501
down €7,501 (-91.4%), from €8,204 to €703
- Tax, wage and social debts +€4,399
up €4,399 (+776.5%), from €566 to €4,965
- Gross operating margin +€15,668
up €15,668 (+32.1%), from €48,771 to €64,439
- Taxes +€7,651
up €7,651 (+144.0%), from €5,314 to €12,965
- Depreciation -€5,053
down €5,053 (-21.1%), from €23,896 to €18,843
- Financial charges -€3,090
down €3,090 (-66.3%), from €4,659 to €1,569
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 | €394,714 | €370,966 | -€23,748 | -6.0% |
| Fixed assets | 21/28 | €378,392 | €364,431 | -€13,961 | -3.7% |
| Tangible fixed assets | 22/27 | €378,392 | €364,431 | -€13,961 | -3.7% |
| Land and buildings | 22 | €378,392 | €337,160 | -€41,232 | -10.9% |
| Other tangible fixed assets | 26 | - | €27,271 | +€27,271 | |
| Current assets | 29/58 | €16,322 | €6,535 | -€9,787 | -60.0% |
| Amounts receivable within one year | 40/41 | €1,244 | €1,002 | -€242 | -19.4% |
| Other amounts receivable | 41 | €1,244 | €1,002 | -€242 | -19.4% |
| Cash at bank and in hand | 54/58 | €6,634 | €2,483 | -€4,151 | -62.6% |
| Deferred charges and accrued income | 490/1 | €8,444 | €3,050 | -€5,394 | -63.9% |
| Total equity and liabilities | 10/49 | €394,714 | €370,966 | -€23,748 | -6.0% |
| Equity | 10/15 | €149,137 | €176,761 | +€27,624 | +18.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €49,137 | €76,761 | +€27,624 | +56.2% |
| Non-distributable reserves | 130/1 | €3,633 | €5,662 | +€2,029 | +55.8% |
| Legal reserve | 130 | €3,633 | €5,662 | +€2,029 | +55.8% |
| Distributable reserves | 133 | €45,504 | €71,099 | +€25,595 | +56.2% |
| Amounts payable | 17/49 | €245,577 | €194,205 | -€51,372 | -20.9% |
| Amounts payable after more than one year | 17 | €158,394 | €144,142 | -€14,252 | -9.0% |
| Financial debts | 170/4 | €157,394 | €143,142 | -€14,252 | -9.1% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,182 | €50,063 | -€37,119 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €43,280 | €6,233 | -€37,047 | -85.6% |
| Trade debts | 44 | €8,204 | €703 | -€7,501 | -91.4% |
| Suppliers | 440/4 | €8,204 | €703 | -€7,501 | -91.4% |
| Taxes, remuneration and social security | 45 | €566 | €4,965 | +€4,399 | +776.5% |
| Taxes | 450/3 | €566 | €4,965 | +€4,399 | +776.5% |
| Other amounts payable | 47/48 | €35,132 | €38,162 | +€3,030 | +8.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,896 | €18,843 | -€5,053 | -21.1% |
| Other operating charges | 640/8 | €3,334 | €3,438 | +€104 | +3.1% |
| Gross operating margin | 9900 | €48,771 | €64,439 | +€15,668 | +32.1% |
| Operating profit (loss) | 9901 | €21,541 | €42,158 | +€20,617 | +95.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,659 | €1,569 | -€3,090 | -66.3% |
| Recurring financial charges | 65 | €4,659 | €1,569 | -€3,090 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €16,882 | €40,589 | +€23,707 | +140.4% |
| Income taxes | 67/77 | €5,314 | €12,965 | +€7,651 | +144.0% |
| Profit (loss) for the period | 9904 | €11,568 | €27,624 | +€16,056 | +138.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,568 | €27,624 | +€16,056 | +138.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.