ANDROMAQUE: 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.
ANDROMAQUE
Largest movements
- Deferred charges and accrued income -€7,290
no longer reported in 2025 (was €7,290)
- Cash +€5,144
up €5,144 (+7.2%), from €71,344 to €76,487
mainly Deferred charges and accrued income (+€7,290) and Depreciation (+€2,706)
- Receivables within one year +€2,716
up €2,716 (+56.7%), from €4,791 to €7,506
- Tangible fixed assets -€2,706
down €2,706 (-67.3%), from €4,021 to €1,315
- Profit (loss) carried forward -€1,709
down €1,709 (-14.1%), from -€12,141 to -€13,849
- Depreciation -€985
down €985 (-26.7%), from €3,691 to €2,706
- Financial income -€78
down €78 (-35.1%), from €223 to €145
- Taxes +€75
up €75 (+36.0%), from €209 to €284
- Financial charges -€64
down €64 (-5.5%), from €1,160 to €1,097
- Gross operating margin +€59
up €59 (+2.1%), from €2,769 to €2,828
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 | €87,446 | €85,309 | -€2,137 | -2.4% |
| Fixed assets | 21/28 | €4,021 | €1,315 | -€2,706 | -67.3% |
| Tangible fixed assets | 22/27 | €4,021 | €1,315 | -€2,706 | -67.3% |
| Furniture and vehicles | 24 | €4,021 | €1,315 | -€2,706 | -67.3% |
| Current assets | 29/58 | €83,425 | €83,994 | +€569 | +0.7% |
| Amounts receivable within one year | 40/41 | €4,791 | €7,506 | +€2,716 | +56.7% |
| Other amounts receivable | 41 | €4,791 | €7,506 | +€2,716 | +56.7% |
| Cash at bank and in hand | 54/58 | €71,344 | €76,487 | +€5,144 | +7.2% |
| Deferred charges and accrued income | 490/1 | €7,290 | - | -€7,290 | |
| Total equity and liabilities | 10/49 | €87,446 | €85,309 | -€2,137 | -2.4% |
| Equity | 10/15 | €84,859 | €83,151 | -€1,709 | -2.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €62,000 | €62,000 | = | 0.0% |
| Distributable reserves | 133 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,141 | -€13,849 | -€1,709 | -14.1% |
| Amounts payable | 17/49 | €2,587 | €2,158 | -€429 | -16.6% |
| Amounts payable within one year | 42/48 | €2,094 | €2,158 | +€64 | +3.1% |
| Trade debts | 44 | €719 | €839 | +€120 | +16.7% |
| Suppliers | 440/4 | €719 | €839 | +€120 | +16.7% |
| Taxes, remuneration and social security | 45 | €1,375 | €1,306 | -€68 | -5.0% |
| Taxes | 450/3 | €1,375 | €1,306 | -€68 | -5.0% |
| Other amounts payable | 47/48 | - | €13 | +€13 | |
| Accrued charges and deferred income | 492/3 | €493 | - | -€493 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,691 | €2,706 | -€985 | -26.7% |
| Other operating charges | 640/8 | €578 | €594 | +€17 | +2.9% |
| Gross operating margin | 9900 | €2,769 | €2,828 | +€59 | +2.1% |
| Operating profit (loss) | 9901 | -€1,500 | -€472 | +€1,028 | +68.5% |
| Financial income | 75/76B | €223 | €145 | -€78 | -35.1% |
| Recurring financial income | 75 | €223 | €145 | -€78 | -35.1% |
| Financial charges | 65/66B | €1,160 | €1,097 | -€64 | -5.5% |
| Recurring financial charges | 65 | €1,160 | €1,097 | -€64 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,437 | -€1,424 | +€1,013 | +41.6% |
| Income taxes | 67/77 | €209 | €284 | +€75 | +36.0% |
| Profit (loss) for the period | 9904 | -€2,646 | -€1,709 | +€938 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,646 | -€1,709 | +€938 | +35.4% |
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 9 October 2026 via checked.be.