ANDROU: 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.
ANDROU
Largest movements
- Cash +€210,701
up €210,701 (+137.8%), from €152,909 to €363,609
mainly Other debts (+€837,309) and Net result for the year (+€60,512)
- Current investments +€166,795
up €166,795 (+37.3%), from €447,328 to €614,123
- Receivables within one year +€44,367
up €44,367 (+36.4%), from €121,907 to €166,274
of which Other amounts receivable: +€163,604
- Other debts +€837,309
up €837,309 (+155.4%), from €538,778 to €1.4m
- Reserves -€404,769
down €404,769 (-19.7%), from €2.1m to €1.7m
- Financial income -€95,284
down €95,284 (-63.7%), from €149,695 to €54,411
- Taxes -€28,136
down €28,136 (-56.7%), from €49,581 to €21,445
- Gross operating margin +€9,005
up €9,005 (+36.0%), from €25,046 to €34,051
- Financial charges +€5,438
up €5,438 (+3427.0%), from €159 to €5,597
- Other operating charges +€696
up €696 (+328.6%), from €212 to €908
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 | €3,681,253 | €4,094,583 | +€413,330 | +11.2% |
| Fixed assets | 21/28 | €2,957,419 | €2,949,645 | -€7,775 | -0.3% |
| Financial fixed assets | 28 | €2,957,419 | €2,949,645 | -€7,775 | -0.3% |
| Current assets | 29/58 | €723,834 | €1,144,938 | +€421,105 | +58.2% |
| Amounts receivable within one year | 40/41 | €121,907 | €166,274 | +€44,367 | +36.4% |
| Trade receivables | 40 | €119,400 | €163 | -€119,237 | -99.9% |
| Other amounts receivable | 41 | €2,507 | €166,111 | +€163,604 | +6526.5% |
| Current investments | 50/53 | €447,328 | €614,123 | +€166,795 | +37.3% |
| Cash at bank and in hand | 54/58 | €152,909 | €363,609 | +€210,701 | +137.8% |
| Deferred charges and accrued income | 490/1 | €1,690 | €932 | -€758 | -44.9% |
| Total equity and liabilities | 10/49 | €3,681,253 | €4,094,583 | +€413,330 | +11.2% |
| Equity | 10/15 | €3,107,596 | €2,702,828 | -€404,769 | -13.0% |
| Contributions | 10/11 | €1,050,000 | €1,050,000 | = | 0.0% |
| Reserves | 13 | €2,057,596 | €1,652,828 | -€404,769 | -19.7% |
| Distributable reserves | 133 | €2,057,596 | €1,652,828 | -€404,769 | -19.7% |
| Amounts payable | 17/49 | €573,657 | €1,391,755 | +€818,099 | +142.6% |
| Amounts payable within one year | 42/48 | €573,657 | €1,391,755 | +€818,099 | +142.6% |
| Trade debts | 44 | €3,796 | €1,603 | -€2,192 | -57.8% |
| Suppliers | 440/4 | €3,796 | €1,603 | -€2,192 | -57.8% |
| Taxes, remuneration and social security | 45 | €31,083 | €14,065 | -€17,018 | -54.7% |
| Taxes | 450/3 | €28,502 | €11,484 | -€17,018 | -59.7% |
| Remuneration and social security | 454/9 | €2,581 | €2,581 | = | 0.0% |
| Other amounts payable | 47/48 | €538,778 | €1,376,087 | +€837,309 | +155.4% |
| Other operating charges | 640/8 | €212 | €908 | +€696 | +328.6% |
| Gross operating margin | 9900 | €25,046 | €34,051 | +€9,005 | +36.0% |
| Operating profit (loss) | 9901 | €24,834 | €33,143 | +€8,309 | +33.5% |
| Financial income | 75/76B | €149,695 | €54,411 | -€95,284 | -63.7% |
| Recurring financial income | 75 | €149,695 | €54,411 | -€95,284 | -63.7% |
| Financial charges | 65/66B | €159 | €5,597 | +€5,438 | +3427.0% |
| Recurring financial charges | 65 | €159 | €5,597 | +€5,438 | +3427.0% |
| Profit (loss) for the period before taxes | 9903 | €174,370 | €81,957 | -€92,413 | -53.0% |
| Income taxes | 67/77 | €49,581 | €21,445 | -€28,136 | -56.7% |
| Profit (loss) for the period | 9904 | €124,790 | €60,512 | -€64,278 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €124,790 | €60,512 | -€64,278 | -51.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.