Andrik: 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.
Andrik
Largest movements
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Cash +€37,914
up €37,914 (+54.0%), from €70,196 to €108,110
mainly Net result for the year (+€114,176) and Other debts (+€82,822)
- Receivables within one year +€15,536
up €15,536 (+85.3%), from €18,218 to €33,754
of which Trade receivables: +€15,500
- Reserves -€83,898
down €83,898 (-100%), from €83,898 to €0
- Other debts +€82,822
up €82,822 (+373%), from €22,199 to €105,021
- Tax, wage and social debts +€8,525
up €8,525 (+102%), from €8,319 to €16,844
- Accrued charges and deferred income -€2,113
down €2,113 (-100%), from €2,113 to €0
- Trade debts -€1,685
down €1,685 (-24.0%), from €7,023 to €5,337
- Depreciation -€15,369
down €15,369 (-100%), from €15,369 to €0
- Gross operating margin -€6,471
down €6,471 (-4.1%), from €156,842 to €150,371
- Taxes +€1,832
up €1,832 (+5.6%), from €32,739 to €34,571
- Other operating charges -€1,780
down €1,780 (-50.6%), from €3,515 to €1,735
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 | €142,152 | €145,803 | +€3,651 | +2.6% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €142,152 | €145,803 | +€3,651 | +2.6% |
| Amounts receivable within one year | 40/41 | €18,218 | €33,754 | +€15,536 | +85.3% |
| Trade receivables | 40 | €18,218 | €33,719 | +€15,500 | +85.1% |
| Other amounts receivable | 41 | €0 | €36 | +€36 | |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €70,196 | €108,110 | +€37,914 | +54.0% |
| Deferred charges and accrued income | 490/1 | €3,737 | €3,938 | +€201 | +5.4% |
| Total equity and liabilities | 10/49 | €142,152 | €145,803 | +€3,651 | +2.6% |
| Equity | 10/15 | €102,498 | €18,600 | -€83,898 | -81.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,898 | €0 | -€83,898 | -100% |
| Distributable reserves | 133 | €83,898 | €0 | -€83,898 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €39,654 | €127,203 | +€87,549 | +221% |
| Amounts payable within one year | 42/48 | €37,541 | €127,203 | +€89,662 | +239% |
| Trade debts | 44 | €7,023 | €5,337 | -€1,685 | -24.0% |
| Suppliers | 440/4 | €7,023 | €5,337 | -€1,685 | -24.0% |
| Taxes, remuneration and social security | 45 | €8,319 | €16,844 | +€8,525 | +102% |
| Taxes | 450/3 | €8,319 | €16,844 | +€8,525 | +102% |
| Other amounts payable | 47/48 | €22,199 | €105,021 | +€82,822 | +373% |
| Accrued charges and deferred income | 492/3 | €2,113 | €0 | -€2,113 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,369 | €0 | -€15,369 | -100% |
| Other operating charges | 640/8 | €3,515 | €1,735 | -€1,780 | -50.6% |
| Gross operating margin | 9900 | €156,842 | €150,371 | -€6,471 | -4.1% |
| Operating profit (loss) | 9901 | €137,958 | €148,636 | +€10,678 | +7.7% |
| Financial income | 75/76B | €352 | €352 | -€0 | 0.0% |
| Recurring financial income | 75 | €352 | €352 | -€0 | 0.0% |
| Financial charges | 65/66B | €153 | €241 | +€87 | +56.9% |
| Recurring financial charges | 65 | €153 | €241 | +€87 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €138,156 | €148,747 | +€10,590 | +7.7% |
| Income taxes | 67/77 | €32,739 | €34,571 | +€1,832 | +5.6% |
| Profit (loss) for the period | 9904 | €105,418 | €114,176 | +€8,758 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €105,418 | €114,176 | +€8,758 | +8.3% |
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 23 October 2026 via checked.be.