ANDRE TEAM: 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.
ANDRE TEAM
Largest movements
- Tangible fixed assets -€11,256
down €11,256 (-97.1%), from €11,598 to €342
- Receivables within one year -€3,120
down €3,120 (-21.8%), from €14,321 to €11,201
of which Other amounts receivable: -€1,611
- Deferred charges and accrued income -€2,074
down €2,074 (-44.7%), from €4,644 to €2,570
- Tax, wage and social debts -€8,005
down €8,005 (-94.2%), from €8,495 to €490
of which Taxes: -€8,005
- Profit (loss) carried forward -€6,299
down €6,299 (-76.1%), from €8,274 to €1,975
- Other debts -€3,306
down €3,306 (-61.0%), from €5,420 to €2,114
- Trade debts +€1,231
up €1,231 (+47.2%), from €2,608 to €3,839
- Gross operating margin +€23,986
up €23,986, from -€17,383 to €6,603
- Depreciation -€4,474
down €4,474 (-28.4%), from €15,731 to €11,256
- Financial charges -€472
down €472 (-67.0%), from €704 to €232
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 | €31,461 | €15,081 | -€16,379 | -52.1% |
| Fixed assets | 21/28 | €12,148 | €892 | -€11,256 | -92.7% |
| Tangible fixed assets | 22/27 | €11,598 | €342 | -€11,256 | -97.1% |
| Furniture and vehicles | 24 | €11,598 | €342 | -€11,256 | -97.1% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €19,312 | €14,189 | -€5,123 | -26.5% |
| Amounts receivable within one year | 40/41 | €14,321 | €11,201 | -€3,120 | -21.8% |
| Trade receivables | 40 | €11,703 | €10,193 | -€1,509 | -12.9% |
| Other amounts receivable | 41 | €2,618 | €1,007 | -€1,611 | -61.5% |
| Cash at bank and in hand | 54/58 | €347 | €419 | +€72 | +20.7% |
| Deferred charges and accrued income | 490/1 | €4,644 | €2,570 | -€2,074 | -44.7% |
| Total equity and liabilities | 10/49 | €31,461 | €15,081 | -€16,379 | -52.1% |
| Equity | 10/15 | €14,937 | €8,638 | -€6,299 | -42.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €463 | €463 | = | 0.0% |
| Non-distributable reserves | 130/1 | €463 | €463 | = | 0.0% |
| Reserves not available under the articles | 1311 | €463 | €463 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,274 | €1,975 | -€6,299 | -76.1% |
| Amounts payable | 17/49 | €16,523 | €6,443 | -€10,080 | -61.0% |
| Amounts payable within one year | 42/48 | €16,523 | €6,443 | -€10,080 | -61.0% |
| Trade debts | 44 | €2,608 | €3,839 | +€1,231 | +47.2% |
| Suppliers | 440/4 | €2,608 | €3,839 | +€1,231 | +47.2% |
| Taxes, remuneration and social security | 45 | €8,495 | €490 | -€8,005 | -94.2% |
| Taxes | 450/3 | €8,495 | €490 | -€8,005 | -94.2% |
| Remuneration and social security | 454/9 | - | €0 | +€0 | |
| Other amounts payable | 47/48 | €5,420 | €2,114 | -€3,306 | -61.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,731 | €11,256 | -€4,474 | -28.4% |
| Other operating charges | 640/8 | €759 | €928 | +€168 | +22.2% |
| Gross operating margin | 9900 | -€17,383 | €6,603 | +€23,986 | |
| Operating profit (loss) | 9901 | -€33,873 | -€5,581 | +€28,291 | +83.5% |
| Financial income | 75/76B | €1 | €4 | +€3 | +341.1% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +341.1% |
| Financial charges | 65/66B | €704 | €232 | -€472 | -67.0% |
| Recurring financial charges | 65 | €704 | €232 | -€472 | -67.0% |
| Profit (loss) for the period before taxes | 9903 | -€34,576 | -€5,809 | +€28,767 | +83.2% |
| Income taxes | 67/77 | €437 | €490 | +€53 | +12.0% |
| Profit (loss) for the period | 9904 | -€35,014 | -€6,299 | +€28,714 | +82.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,014 | -€6,299 | +€28,714 | +82.0% |
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 5 October 2026 via checked.be.