ANDROS: 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.
ANDROS
Largest movements
- Financial fixed assets +€250,000
up €250,000 (+29.4%), from €851,441 to €1.1m
- Other debts +€298,879
up €298,879 (+272.1%), from €109,846 to €408,725
- Tax, wage and social debts -€51,468
down €51,468 (-97.1%), from €53,000 to €1,533
- Profit (loss) carried forward -€17,373
down €17,373 (-2.1%), from €830,265 to €812,892
- Gross operating margin -€22,619
down €22,619, from €9,439 to -€13,180
- Financial charges -€8,593
down €8,593 (-98.9%), from €8,689 to €96
- Other operating charges +€2,521
up €2,521 (+915.2%), from €276 to €2,797
- Taxes -€1,538
no longer reported in 2025 (was €1,538)
- Financial income +€477
up €477 (+2646.5%), from €18 to €495
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 | €1,095,411 | €1,325,450 | +€230,039 | +21.0% |
| Fixed assets | 21/28 | €856,653 | €1,104,858 | +€248,205 | +29.0% |
| Tangible fixed assets | 22/27 | €5,211 | €3,417 | -€1,795 | -34.4% |
| Plant, machinery and equipment | 23 | €5,211 | €3,417 | -€1,795 | -34.4% |
| Financial fixed assets | 28 | €851,441 | €1,101,441 | +€250,000 | +29.4% |
| Current assets | 29/58 | €238,758 | €220,592 | -€18,166 | -7.6% |
| Amounts receivable within one year | 40/41 | €231,157 | €218,540 | -€12,617 | -5.5% |
| Trade receivables | 40 | €5,195 | €780 | -€4,415 | -85.0% |
| Other amounts receivable | 41 | €225,963 | €217,760 | -€8,202 | -3.6% |
| Cash at bank and in hand | 54/58 | €7,601 | €2,052 | -€5,549 | -73.0% |
| Total equity and liabilities | 10/49 | €1,095,411 | €1,325,450 | +€230,039 | +21.0% |
| Equity | 10/15 | €932,565 | €915,192 | -€17,373 | -1.9% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Capital | 10 | €93,000 | €93,000 | = | 0.0% |
| Issued capital | 100 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €9,300 | €9,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,300 | €9,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €830,265 | €812,892 | -€17,373 | -2.1% |
| Amounts payable | 17/49 | €162,846 | €410,258 | +€247,412 | +151.9% |
| Amounts payable within one year | 42/48 | €162,846 | €410,258 | +€247,412 | +151.9% |
| Taxes, remuneration and social security | 45 | €53,000 | €1,533 | -€51,468 | -97.1% |
| Taxes | 450/3 | €53,000 | €1,533 | -€51,468 | -97.1% |
| Other amounts payable | 47/48 | €109,846 | €408,725 | +€298,879 | +272.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,834 | €1,795 | -€40 | -2.2% |
| Other operating charges | 640/8 | €276 | €2,797 | +€2,521 | +915.2% |
| Gross operating margin | 9900 | €9,439 | -€13,180 | -€22,619 | |
| Operating profit (loss) | 9901 | €7,329 | -€17,772 | -€25,100 | |
| Financial income | 75/76B | €18 | €495 | +€477 | +2646.5% |
| Recurring financial income | 75 | €18 | €495 | +€477 | +2646.5% |
| Financial charges | 65/66B | €8,689 | €96 | -€8,593 | -98.9% |
| Recurring financial charges | 65 | €8,689 | €96 | -€8,593 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,342 | -€17,373 | -€16,031 | -1194.6% |
| Income taxes | 67/77 | €1,538 | - | -€1,538 | |
| Profit (loss) for the period | 9904 | -€2,880 | -€17,373 | -€14,493 | -503.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,880 | -€17,373 | -€14,493 | -503.2% |
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 5 October 2026 via checked.be.