ANE-IC FDR: 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.
ANE-IC FDR
Largest movements
- Cash +€356,801
up €356,801 (+406%), from €87,983 to €444,783
mainly Net result for the year (+€223,446) and Current investments (+€75,002)
- Current investments -€75,002
down €75,002 (-42.9%), from €175,002 to €100,000
- Tangible fixed assets +€58,797
up €58,797 (+1,623%), from €3,622 to €62,419
of which Furniture and vehicles: +€56,676
- Receivables within one year +€8,812
up €8,812 (+8.1%), from €108,574 to €117,386
- Profit (loss) carried forward +€223,446
up €223,446 (+77.6%), from €287,787 to €511,233
- Tax, wage and social debts +€69,022
up €69,022 (+106%), from €65,228 to €134,250
- Debts after one year +€46,634
new in 2025: €46,634
- Current portion of long-term debt +€9,972
new in 2025: €9,972
- Gross operating margin +€16,784
up €16,784 (+6.1%), from €276,881 to €293,665
- Financial income +€6,350
new in 2025: €6,350
- Taxes +€5,699
up €5,699 (+8.7%), from €65,228 to €70,927
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €375,181 | €726,150 | +€350,969 | +93.5% |
| Fixed assets | 21/28 | €3,622 | €62,419 | +€58,797 | +1,623% |
| Tangible fixed assets | 22/27 | €3,622 | €62,419 | +€58,797 | +1,623% |
| Plant, machinery and equipment | 23 | - | €2,121 | +€2,121 | |
| Furniture and vehicles | 24 | €3,622 | €60,298 | +€56,676 | +1,565% |
| Current assets | 29/58 | €371,559 | €663,731 | +€292,172 | +78.6% |
| Amounts receivable within one year | 40/41 | €108,574 | €117,386 | +€8,812 | +8.1% |
| Trade receivables | 40 | €108,574 | €117,386 | +€8,812 | +8.1% |
| Current investments | 50/53 | €175,002 | €100,000 | -€75,002 | -42.9% |
| Cash at bank and in hand | 54/58 | €87,983 | €444,783 | +€356,801 | +406% |
| Deferred charges and accrued income | 490/1 | - | €1,561 | +€1,561 | |
| Total equity and liabilities | 10/49 | €375,181 | €726,150 | +€350,969 | +93.5% |
| Equity | 10/15 | €290,787 | €514,233 | +€223,446 | +76.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €287,787 | €511,233 | +€223,446 | +77.6% |
| Amounts payable | 17/49 | €84,394 | €211,917 | +€127,523 | +151% |
| Amounts payable after more than one year | 17 | - | €46,634 | +€46,634 | |
| Financial debts | 170/4 | - | €46,634 | +€46,634 | |
| Amounts payable within one year | 42/48 | €82,798 | €164,159 | +€81,361 | +98.3% |
| Current portion of amounts payable after more than one year | 42 | - | €9,972 | +€9,972 | |
| Financial debts | 43 | €1,498 | €63 | -€1,435 | -95.8% |
| Credit institutions | 430/8 | €1,498 | €63 | -€1,435 | -95.8% |
| Trade debts | 44 | €2,098 | €2,104 | +€5 | +0.3% |
| Suppliers | 440/4 | €2,098 | €2,104 | +€5 | +0.3% |
| Taxes, remuneration and social security | 45 | €65,228 | €134,250 | +€69,022 | +106% |
| Taxes | 450/3 | €65,228 | €134,250 | +€69,022 | +106% |
| Other amounts payable | 47/48 | €13,974 | €17,771 | +€3,797 | +27.2% |
| Accrued charges and deferred income | 492/3 | €1,596 | €1,124 | -€472 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,645 | €3,916 | +€2,271 | +138% |
| Other operating charges | 640/8 | €578 | €322 | -€257 | -44.4% |
| Gross operating margin | 9900 | €276,881 | €293,665 | +€16,784 | +6.1% |
| Operating profit (loss) | 9901 | €274,657 | €289,427 | +€14,770 | +5.4% |
| Financial income | 75/76B | - | €6,350 | +€6,350 | |
| Recurring financial income | 75 | - | €6,350 | +€6,350 | |
| Financial charges | 65/66B | €1,618 | €1,405 | -€213 | -13.2% |
| Recurring financial charges | 65 | €1,618 | €1,405 | -€213 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €273,039 | €294,372 | +€21,333 | +7.8% |
| Income taxes | 67/77 | €65,228 | €70,927 | +€5,699 | +8.7% |
| Profit (loss) for the period | 9904 | €207,811 | €223,446 | +€15,635 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €207,811 | €223,446 | +€15,635 | +7.5% |
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 14 October 2026 via checked.be.