ANDREE: 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.
ANDREE
Largest movements
- Stocks and contracts -€16,201
down €16,201 (-11.4%), from €142,095 to €125,894
- Receivables within one year +€1,945
up €1,945 (+63.7%), from €3,055 to €5,000
of which Other amounts receivable: +€2,500
- Profit (loss) carried forward -€13,105
down €13,105 (-9.7%), from €135,789 to €122,684
- Trade debts +€4,992
up €4,992 (+201%), from €2,481 to €7,472
- Tax, wage and social debts -€4,825
down €4,825 (-55.7%), from €8,659 to €3,834
- Purchases and services -€28,232
down €28,232 (-15.1%), from €186,760 to €158,528
- Turnover -€19,775
down €19,775 (-10.8%), from €183,924 to €164,150
- Gross operating margin +€8,458
up €8,458, from -€2,836 to €5,622
- Write-downs +€3,300
up €3,300 (+20.0%), from €16,510 to €19,810
- Taxes -€1,913
down €1,913, from €43 to -€1,870
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 | €167,964 | €154,867 | -€13,097 | -7.8% |
| Fixed assets | 21/28 | €538 | €326 | -€212 | -39.4% |
| Tangible fixed assets | 22/27 | €538 | €326 | -€212 | -39.4% |
| Furniture and vehicles | 24 | €538 | €326 | -€212 | -39.4% |
| Current assets | 29/58 | €167,426 | €154,541 | -€12,885 | -7.7% |
| Stocks and contracts in progress | 3 | €142,095 | €125,894 | -€16,201 | -11.4% |
| Stocks | 30/36 | €142,095 | €125,894 | -€16,201 | -11.4% |
| Amounts receivable within one year | 40/41 | €3,055 | €5,000 | +€1,945 | +63.7% |
| Trade receivables | 40 | €555 | - | -€555 | |
| Other amounts receivable | 41 | €2,500 | €5,000 | +€2,500 | +100.0% |
| Cash at bank and in hand | 54/58 | €22,276 | €23,647 | +€1,371 | +6.2% |
| Total equity and liabilities | 10/49 | €167,964 | €154,867 | -€13,097 | -7.8% |
| Equity | 10/15 | €156,249 | €143,144 | -€13,105 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,789 | €122,684 | -€13,105 | -9.7% |
| Amounts payable | 17/49 | €11,715 | €11,723 | +€8 | +0.1% |
| Amounts payable within one year | 42/48 | €11,715 | €11,723 | +€8 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €417 | €417 | = | 0.0% |
| Trade debts | 44 | €2,481 | €7,472 | +€4,992 | +201% |
| Suppliers | 440/4 | €2,481 | €7,472 | +€4,992 | +201% |
| Taxes, remuneration and social security | 45 | €8,659 | €3,834 | -€4,825 | -55.7% |
| Taxes | 450/3 | €8,659 | €3,834 | -€4,825 | -55.7% |
| Other amounts payable | 47/48 | €158 | - | -€158 | |
| Turnover | 70 | €183,924 | €164,150 | -€19,775 | -10.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €186,760 | €158,528 | -€28,232 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98 | €212 | +€114 | +116% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,510 | €19,810 | +€3,300 | +20.0% |
| Other operating charges | 640/8 | €208 | €199 | -€9 | -4.3% |
| Non-recurring operating charges | 66A | €1 | - | -€1 | |
| Gross operating margin | 9900 | -€2,836 | €5,622 | +€8,458 | |
| Operating profit (loss) | 9901 | -€19,653 | -€14,599 | +€5,054 | +25.7% |
| Financial income | 75/76B | €240 | - | -€240 | |
| Recurring financial income | 75 | €240 | - | -€240 | |
| Financial charges | 65/66B | €376 | €375 | -€0 | -0.1% |
| Recurring financial charges | 65 | €376 | €361 | -€14 | -3.8% |
| Non-recurring financial charges | 66B | - | €14 | +€14 | |
| Profit (loss) for the period before taxes | 9903 | -€19,788 | -€14,975 | +€4,814 | +24.3% |
| Income taxes | 67/77 | €43 | -€1,870 | -€1,913 | |
| Profit (loss) for the period | 9904 | -€19,832 | -€13,105 | +€6,727 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,832 | -€13,105 | +€6,727 | +33.9% |
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 27 October 2026 via checked.be.