ANDY TACK: 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.
ANDY TACK
Largest movements
- Cash -€16,409
down €16,409 (-41.1%), from €39,959 to €23,550
mainly Contributions, distributions and other (-€15,000) and Receivables within one year (-€7,223)
- Receivables within one year +€7,223
up €7,223 (+76.5%), from €9,443 to €16,666
of which Other amounts receivable: +€3,636
- Tangible fixed assets -€3,006
down €3,006 (-42.1%), from €7,136 to €4,130
of which Furniture and vehicles: -€2,350
- Stocks and contracts +€2,563
up €2,563 (+113.2%), from €2,264 to €4,827
- Deferred charges and accrued income +€1,657
up €1,657 (+229.9%), from €721 to €2,377
- Reserves -€9,272
down €9,272 (-61.7%), from €15,039 to €5,767
- Trade debts +€3,543
up €3,543 (+88.8%), from €3,990 to €7,533
- Other debts -€2,407
down €2,407 (-15.7%), from €15,299 to €12,892
- Tax, wage and social debts +€1,671
up €1,671 (+54.4%), from €3,070 to €4,742
- Short-term financial debts -€1,506
down €1,506 (-42.8%), from €3,524 to €2,017
of which Other loans: -€3,524
- Gross operating margin -€13,176
down €13,176 (-48.7%), from €27,066 to €13,889
- Taxes -€3,628
down €3,628 (-59.1%), from €6,136 to €2,508
- Financial charges -€628
down €628 (-38.1%), from €1,647 to €1,019
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,523 | €51,551 | -€7,972 | -13.4% |
| Fixed assets | 21/28 | €7,136 | €4,130 | -€3,006 | -42.1% |
| Tangible fixed assets | 22/27 | €7,136 | €4,130 | -€3,006 | -42.1% |
| Plant, machinery and equipment | 23 | €2,095 | €1,439 | -€656 | -31.3% |
| Furniture and vehicles | 24 | €5,041 | €2,691 | -€2,350 | -46.6% |
| Current assets | 29/58 | €52,387 | €47,421 | -€4,966 | -9.5% |
| Stocks and contracts in progress | 3 | €2,264 | €4,827 | +€2,563 | +113.2% |
| Stocks | 30/36 | €2,264 | €4,827 | +€2,563 | +113.2% |
| Amounts receivable within one year | 40/41 | €9,443 | €16,666 | +€7,223 | +76.5% |
| Trade receivables | 40 | €8,580 | €12,166 | +€3,587 | +41.8% |
| Other amounts receivable | 41 | €864 | €4,500 | +€3,636 | +421.1% |
| Cash at bank and in hand | 54/58 | €39,959 | €23,550 | -€16,409 | -41.1% |
| Deferred charges and accrued income | 490/1 | €721 | €2,377 | +€1,657 | +229.9% |
| Total equity and liabilities | 10/49 | €59,523 | €51,551 | -€7,972 | -13.4% |
| Equity | 10/15 | €33,639 | €24,367 | -€9,272 | -27.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,039 | €5,767 | -€9,272 | -61.7% |
| Distributable reserves | 133 | €15,039 | €5,767 | -€9,272 | -61.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,884 | €27,184 | +€1,300 | +5.0% |
| Amounts payable within one year | 42/48 | €25,884 | €27,184 | +€1,300 | +5.0% |
| Financial debts | 43 | €3,524 | €2,017 | -€1,506 | -42.8% |
| Credit institutions | 430/8 | - | €2,017 | +€2,017 | |
| Other loans | 439 | €3,524 | €0 | -€3,524 | -100.0% |
| Trade debts | 44 | €3,990 | €7,533 | +€3,543 | +88.8% |
| Suppliers | 440/4 | €3,990 | €7,533 | +€3,543 | +88.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,070 | €4,742 | +€1,671 | +54.4% |
| Taxes | 450/3 | €3,070 | €4,742 | +€1,671 | +54.4% |
| Other amounts payable | 47/48 | €15,299 | €12,892 | -€2,407 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,006 | €3,006 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,382 | €1,631 | +€249 | +18.1% |
| Gross operating margin | 9900 | €27,066 | €13,889 | -€13,176 | -48.7% |
| Operating profit (loss) | 9901 | €22,678 | €9,253 | -€13,426 | -59.2% |
| Financial income | 75/76B | €144 | €3 | -€142 | -98.3% |
| Recurring financial income | 75 | €144 | €3 | -€142 | -98.3% |
| Financial charges | 65/66B | €1,647 | €1,019 | -€628 | -38.1% |
| Recurring financial charges | 65 | €1,647 | €1,019 | -€628 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €21,176 | €8,236 | -€12,940 | -61.1% |
| Income taxes | 67/77 | €6,136 | €2,508 | -€3,628 | -59.1% |
| Profit (loss) for the period | 9904 | €15,039 | €5,728 | -€9,311 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,039 | €5,728 | -€9,311 | -61.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.