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ANDREICA: 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.

What changed

ANDREICA

BE 0505.987.533
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,561
2024 · €271,449-€268,889
Equity
€482,647
2024 · €480,086+€2,561
Cash
€301,627
2024 · €321,941-€20,313
Balance sheet total
€679,085
2024 · €506,634+€172,451

Largest movements

2024 to 2025
Assets
  • Current investments +€199,750

    up €199,750 (+390.1%), from €51,204 to €250,954

  • Cash -€20,313

    down €20,313 (-6.3%), from €321,941 to €301,627

    mainly Current investments (-€199,750) and Tax, wage and social debts (-€26,291)

  • Receivables within one year -€9,137

    down €9,137 (-6.9%), from €133,197 to €124,060

Equity and liabilities
  • Other debts +€196,182

    new in 2025: €196,182

  • Tax, wage and social debts -€26,291

    down €26,291 (-99.0%), from €26,547 to €256

Income statement
  • Financial income -€296,548

    down €296,548 (-97.2%), from €305,010 to €8,462

  • Taxes -€26,291

    down €26,291 (-99.0%), from €26,547 to €256

  • Gross operating margin +€3,422

    up €3,422 (+51.9%), from -€6,596 to -€3,174

  • Financial charges +€1,803

    up €1,803 (+6010.3%), from €30 to €1,833

  • Other operating charges +€250

    up €250 (+64.6%), from €387 to €638

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €271,449
Gross operating margin +€3,422
Other operating charges -€250
Financial income -€296,548
Financial charges -€1,803
Taxes +€26,291
Result 2025 €2,561

Cash bridge derived

cash 2024 to 2025

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.

From operations +€179,436
Investment -€199,750
Financing €0
Cash 2024 €321,941
Net result for the year +€2,561
Receivables within one year +€9,137
Deferred charges and accrued income -€2,152
Tax, wage and social debts -€26,291
Other debts +€196,182
Current investments -€199,750
Cash 2025 €301,627
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €506,634 €679,085 +€172,451 +34.0%
Fixed assets 21/28 €1 €1 = 0.0%
Financial fixed assets 28 €1 €1 = 0.0%
Current assets 29/58 €506,633 €679,084 +€172,451 +34.0%
Amounts receivable within one year 40/41 €133,197 €124,060 -€9,137 -6.9%
Other amounts receivable 41 €133,197 €124,060 -€9,137 -6.9%
Current investments 50/53 €51,204 €250,954 +€199,750 +390.1%
Cash at bank and in hand 54/58 €321,941 €301,627 -€20,313 -6.3%
Deferred charges and accrued income 490/1 €292 €2,443 +€2,152 +737.4%
Total equity and liabilities 10/49 €506,634 €679,085 +€172,451 +34.0%
Equity 10/15 €480,086 €482,647 +€2,561 +0.5%
Contributions 10/11 €18,550 €18,550 = 0.0%
Reserves 13 €461,536 €464,097 +€2,561 +0.6%
Distributable reserves 133 €461,536 €464,097 +€2,561 +0.6%
Amounts payable 17/49 €26,547 €196,438 +€169,891 +640.0%
Amounts payable within one year 42/48 €26,547 €196,438 +€169,891 +640.0%
Taxes, remuneration and social security 45 €26,547 €256 -€26,291 -99.0%
Taxes 450/3 €26,547 €256 -€26,291 -99.0%
Other amounts payable 47/48 - €196,182 +€196,182
Other operating charges 640/8 €387 €638 +€250 +64.6%
Gross operating margin 9900 -€6,596 -€3,174 +€3,422 +51.9%
Operating profit (loss) 9901 -€6,984 -€3,812 +€3,171 +45.4%
Financial income 75/76B €305,010 €8,462 -€296,548 -97.2%
Recurring financial income 75 €305,010 €8,462 -€296,548 -97.2%
Financial charges 65/66B €30 €1,833 +€1,803 +6010.3%
Recurring financial charges 65 €30 €1,833 +€1,803 +6010.3%
Profit (loss) for the period before taxes 9903 €297,997 €2,817 -€295,180 -99.1%
Income taxes 67/77 €26,547 €256 -€26,291 -99.0%
Profit (loss) for the period 9904 €271,449 €2,561 -€268,889 -99.1%
Profit (loss) for the period to be appropriated 9905 €271,449 €2,561 -€268,889 -99.1%

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 30 September 2026 via checked.be.