ANDROMEDA: 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.
What changed
ANDROMEDA
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€152,316
2024 · -€19,105-€133,211
Equity
€11.4m
2024 · €11.5m-€152,316
Cash
€11,964
2024 · €24,865-€12,901
Balance sheet total
€19.3m
2024 · €19.3m+€30,155
Largest movements
Assets
- Financial fixed assets +€223,554
up €223,554 (+1.3%), from €17.0m to €17.3m
Equity and liabilities
- Accrued charges and deferred income +€221,743
up €221,743 (+10.5%), from €2.1m to €2.3m
Income statement
- Gross operating margin -€81,373
down €81,373 (-54.5%), from €149,174 to €67,801
- Provisions +€60,671
new in 2025: €60,671
- Financial charges -€7,054
down €7,054 (-2.8%), from €255,740 to €248,686
- Financial income +€3,024
up €3,024 (+3.4%), from €89,561 to €92,584
- Other operating charges +€2,211
up €2,211 (+195%), from €1,133 to €3,344
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.
Result 2024
-€19,105
Gross operating margin
-€81,373
Depreciation
+€967
Provisions
-€60,671
Other operating charges
-€2,211
Financial income
+€3,024
Financial charges
+€7,054
Result 2025
-€152,316
raises the resultlowers the result
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.
From operations
+€371,046
Investment
-€223,554
Financing
-€160,393
Cash 2024
€24,865
From operations (derived)
+€371,046
Net result for the year
-€152,316
Receivables within one year
+€181,982
Deferred charges and accrued income
-€1,484
Provisions
+€60,671
Trade debts
+€81,826
Tax, wage and social debts
+€7,347
Other debts
-€28,724
Accrued charges and deferred income
+€221,743
Investment (derived)
-€223,554
Investment in fixed assets (net)
-€223,554
Financing
-€160,393
Debts after one year
-€164,296
Current portion of long-term debt
+€2,303
Short-term financial debts
+€1,600
Cash 2025
€11,964
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,271,275 | €19,301,430 | +€30,155 | +0.2% |
| Fixed assets | 21/28 | €18,116,348 | €18,339,902 | +€223,554 | +1.2% |
| Tangible fixed assets | 22/27 | €1,083,750 | €1,083,750 | = | 0.0% |
| Assets under construction and advance payments | 27 | €1,083,750 | €1,083,750 | = | 0.0% |
| Financial fixed assets | 28 | €17,032,598 | €17,256,152 | +€223,554 | +1.3% |
| Current assets | 29/58 | €1,154,927 | €961,528 | -€193,399 | -16.7% |
| Amounts receivable within one year | 40/41 | €1,127,063 | €945,081 | -€181,982 | -16.1% |
| Trade receivables | 40 | €552,921 | €325,846 | -€227,075 | -41.1% |
| Other amounts receivable | 41 | €574,142 | €619,235 | +€45,093 | +7.9% |
| Cash at bank and in hand | 54/58 | €24,865 | €11,964 | -€12,901 | -51.9% |
| Deferred charges and accrued income | 490/1 | €3,000 | €4,484 | +€1,484 | +49.5% |
| Total equity and liabilities | 10/49 | €19,271,275 | €19,301,430 | +€30,155 | +0.2% |
| Equity | 10/15 | €11,547,667 | €11,395,351 | -€152,316 | -1.3% |
| Contributions | 10/11 | €11,859,144 | €11,859,144 | = | 0.0% |
| Reserves | 13 | €1,193 | €1,193 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,193 | €1,193 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,193 | €1,193 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€312,670 | -€464,986 | -€152,316 | -48.7% |
| Provisions and deferred taxes | 16 | - | €60,671 | +€60,671 | |
| Provisions for liabilities and charges | 160/5 | - | €60,671 | +€60,671 | |
| Other liabilities and charges | 164/5 | - | €60,671 | +€60,671 | |
| Amounts payable | 17/49 | €7,723,609 | €7,845,408 | +€121,799 | +1.6% |
| Amounts payable after more than one year | 17 | €694,903 | €530,607 | -€164,296 | -23.6% |
| Financial debts | 170/4 | €694,903 | €530,607 | -€164,296 | -23.6% |
| Amounts payable within one year | 42/48 | €4,925,986 | €4,990,338 | +€64,352 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €161,993 | €164,296 | +€2,303 | +1.4% |
| Financial debts | 43 | €263,400 | €265,000 | +€1,600 | +0.6% |
| Credit institutions | 430/8 | €263,400 | €265,000 | +€1,600 | +0.6% |
| Trade debts | 44 | €536,836 | €618,662 | +€81,826 | +15.2% |
| Suppliers | 440/4 | €536,836 | €618,662 | +€81,826 | +15.2% |
| Taxes, remuneration and social security | 45 | €24,941 | €32,287 | +€7,347 | +29.5% |
| Taxes | 450/3 | €24,941 | €32,287 | +€7,347 | +29.5% |
| Other amounts payable | 47/48 | €3,938,816 | €3,910,093 | -€28,724 | -0.7% |
| Accrued charges and deferred income | 492/3 | €2,102,720 | €2,324,463 | +€221,743 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €967 | - | -€967 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €60,671 | +€60,671 | |
| Other operating charges | 640/8 | €1,133 | €3,344 | +€2,211 | +195% |
| Gross operating margin | 9900 | €149,174 | €67,801 | -€81,373 | -54.5% |
| Operating profit (loss) | 9901 | €147,074 | €3,786 | -€143,288 | -97.4% |
| Financial income | 75/76B | €89,561 | €92,584 | +€3,024 | +3.4% |
| Recurring financial income | 75 | €89,561 | €92,584 | +€3,024 | +3.4% |
| Financial charges | 65/66B | €255,740 | €248,686 | -€7,054 | -2.8% |
| Recurring financial charges | 65 | €255,740 | €248,686 | -€7,054 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,105 | -€152,316 | -€133,211 | -697% |
| Profit (loss) for the period | 9904 | -€19,105 | -€152,316 | -€133,211 | -697% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,105 | -€152,316 | -€133,211 | -697% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.