ANDRE ET CIE: 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.
ANDRE ET CIE
Largest movements
- Cash +€266,737
up €266,737 (+50.9%), from €524,520 to €791,257
mainly Current investments (+€175,332) and Net result for the year (+€54,359)
- Current investments -€175,332
no longer reported in 2025 (was €175,332)
- Receivables within one year -€17,972
down €17,972 (-10.6%), from €170,000 to €152,028
of which Trade receivables: -€22,093
- Tangible fixed assets -€14,761
down €14,761 (-6.0%), from €246,057 to €231,296
of which Furniture and vehicles: -€10,467
- Profit (loss) carried forward +€54,359
up €54,359 (+5.9%), from €915,231 to €969,591
- Tax, wage and social debts -€14,722
down €14,722 (-25.0%), from €58,836 to €44,114
of which Taxes: -€16,460
- Turnover -€94,360
down €94,360 (-5.3%), from €1.8m to €1.7m
- Gross operating margin -€69,704
down €69,704 (-11.4%), from €610,419 to €540,715
- Staff costs +€35,963
up €35,963 (+8.6%), from €418,604 to €454,567
- Financial income +€31,467
up €31,467 (+315%), from €9,982 to €41,449
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 | €1,273,631 | €1,322,542 | +€48,911 | +3.8% |
| Fixed assets | 21/28 | €246,057 | €231,296 | -€14,761 | -6.0% |
| Tangible fixed assets | 22/27 | €246,057 | €231,296 | -€14,761 | -6.0% |
| Land and buildings | 22 | €208,969 | €203,861 | -€5,108 | -2.4% |
| Plant, machinery and equipment | 23 | €5,687 | €6,501 | +€814 | +14.3% |
| Furniture and vehicles | 24 | €31,401 | €20,934 | -€10,467 | -33.3% |
| Current assets | 29/58 | €1,027,574 | €1,091,246 | +€63,671 | +6.2% |
| Stocks and contracts in progress | 3 | €151,406 | €140,826 | -€10,580 | -7.0% |
| Stocks | 30/36 | €151,406 | €140,826 | -€10,580 | -7.0% |
| Amounts receivable within one year | 40/41 | €170,000 | €152,028 | -€17,972 | -10.6% |
| Trade receivables | 40 | €140,826 | €118,734 | -€22,093 | -15.7% |
| Other amounts receivable | 41 | €29,174 | €33,295 | +€4,121 | +14.1% |
| Current investments | 50/53 | €175,332 | - | -€175,332 | |
| Cash at bank and in hand | 54/58 | €524,520 | €791,257 | +€266,737 | +50.9% |
| Deferred charges and accrued income | 490/1 | €6,316 | €7,135 | +€819 | +13.0% |
| Total equity and liabilities | 10/49 | €1,273,631 | €1,322,542 | +€48,911 | +3.8% |
| Equity | 10/15 | €935,691 | €990,051 | +€54,359 | +5.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €915,231 | €969,591 | +€54,359 | +5.9% |
| Amounts payable | 17/49 | €337,940 | €332,491 | -€5,449 | -1.6% |
| Amounts payable after more than one year | 17 | €10,705 | €2,171 | -€8,535 | -79.7% |
| Financial debts | 170/4 | €10,705 | €2,171 | -€8,535 | -79.7% |
| Amounts payable within one year | 42/48 | €327,235 | €330,321 | +€3,086 | +0.9% |
| Financial debts | 43 | €8,303 | €8,535 | +€232 | +2.8% |
| Credit institutions | 430/8 | €8,303 | €8,535 | +€232 | +2.8% |
| Trade debts | 44 | €228,503 | €235,278 | +€6,775 | +3.0% |
| Suppliers | 440/4 | €228,503 | €235,278 | +€6,775 | +3.0% |
| Taxes, remuneration and social security | 45 | €58,836 | €44,114 | -€14,722 | -25.0% |
| Taxes | 450/3 | €30,329 | €13,869 | -€16,460 | -54.3% |
| Remuneration and social security | 454/9 | €28,507 | €30,245 | +€1,738 | +6.1% |
| Other amounts payable | 47/48 | €31,593 | €42,394 | +€10,801 | +34.2% |
| Turnover | 70 | €1,781,720 | €1,687,361 | -€94,360 | -5.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,177,362 | €1,164,192 | -€13,169 | -1.1% |
| Remuneration, social security and pensions | 62 | €418,604 | €454,567 | +€35,963 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,579 | €54,015 | +€3,436 | +6.8% |
| Other operating charges | 640/8 | €2,172 | €3,599 | +€1,427 | +65.7% |
| Non-recurring operating charges | 66A | €24,419 | - | -€24,419 | |
| Gross operating margin | 9900 | €610,419 | €540,715 | -€69,704 | -11.4% |
| Operating profit (loss) | 9901 | €114,644 | €28,534 | -€86,111 | -75.1% |
| Financial income | 75/76B | €9,982 | €41,449 | +€31,467 | +315% |
| Recurring financial income | 75 | €9,982 | €41,449 | +€31,467 | +315% |
| Financial charges | 65/66B | €18,776 | €3,860 | -€14,916 | -79.4% |
| Recurring financial charges | 65 | €5,163 | €3,860 | -€1,303 | -25.2% |
| Non-recurring financial charges | 66B | €13,613 | - | -€13,613 | |
| Profit (loss) for the period before taxes | 9903 | €105,850 | €66,123 | -€39,728 | -37.5% |
| Income taxes | 67/77 | €24,133 | €11,763 | -€12,369 | -51.3% |
| Profit (loss) for the period | 9904 | €81,718 | €54,359 | -€27,358 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,718 | €54,359 | -€27,358 | -33.5% |
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 28 October 2026 via checked.be.