ANDRIES & PARTNERS: 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.
ANDRIES & PARTNERS
Largest movements
- Stocks and contracts -€2,029
no longer reported in 2025 (was €2,029)
- Receivables within one year -€1,959
down €1,959 (-24.1%), from €8,110 to €6,151
of which Other amounts receivable: -€1,030
- Current investments -€417
no longer reported in 2025 (was €417)
- Cash +€368
new in 2025: €368
- Trade debts -€3,010
down €3,010 (-55.0%), from €5,472 to €2,461
- Short-term financial debts -€1,331
down €1,331 (-9.2%), from €14,451 to €13,120
- Other debts +€367
up €367 (+8.0%), from €4,607 to €4,974
- Gross operating margin +€2,856
up €2,856, from -€532 to €2,325
- Depreciation +€1,617
new in 2025: €1,617
- Other operating charges -€751
down €751 (-60.5%), from €1,242 to €491
- Financial charges -€651
down €651 (-33.7%), from €1,933 to €1,282
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,556 | €6,519 | -€4,037 | -38.2% |
| Current assets | 29/58 | €10,556 | €6,519 | -€4,037 | -38.2% |
| Stocks and contracts in progress | 3 | €2,029 | - | -€2,029 | |
| Stocks | 30/36 | €2,029 | - | -€2,029 | |
| Amounts receivable within one year | 40/41 | €8,110 | €6,151 | -€1,959 | -24.1% |
| Trade receivables | 40 | €6,844 | €5,915 | -€929 | -13.6% |
| Other amounts receivable | 41 | €1,266 | €237 | -€1,030 | -81.3% |
| Current investments | 50/53 | €417 | - | -€417 | |
| Cash at bank and in hand | 54/58 | - | €368 | +€368 | |
| Total equity and liabilities | 10/49 | €10,556 | €6,519 | -€4,037 | -38.2% |
| Equity | 10/15 | -€13,974 | -€14,036 | -€62 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,628 | €14,628 | = | 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% |
| Distributable reserves | 133 | €12,768 | €12,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,202 | -€47,264 | -€62 | -0.1% |
| Amounts payable | 17/49 | €24,531 | €20,556 | -€3,975 | -16.2% |
| Amounts payable within one year | 42/48 | €24,531 | €20,556 | -€3,975 | -16.2% |
| Financial debts | 43 | €14,451 | €13,120 | -€1,331 | -9.2% |
| Credit institutions | 430/8 | €14,451 | €13,120 | -€1,331 | -9.2% |
| Trade debts | 44 | €5,472 | €2,461 | -€3,010 | -55.0% |
| Suppliers | 440/4 | €5,472 | €2,461 | -€3,010 | -55.0% |
| Other amounts payable | 47/48 | €4,607 | €4,974 | +€367 | +8.0% |
| Non-recurring operating income | 76A | €0 | €500 | +€500 | +499,900% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,617 | +€1,617 | |
| Other operating charges | 640/8 | €1,242 | €491 | -€751 | -60.5% |
| Gross operating margin | 9900 | -€532 | €2,325 | +€2,856 | |
| Operating profit (loss) | 9901 | -€1,773 | €217 | +€1,990 | |
| Financial charges | 65/66B | €1,933 | €1,282 | -€651 | -33.7% |
| Recurring financial charges | 65 | €1,933 | €1,282 | -€651 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,706 | -€1,066 | +€2,641 | +71.2% |
| Profit (loss) for the period | 9904 | -€3,706 | -€1,066 | +€2,641 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,706 | -€1,066 | +€2,641 | +71.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 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.