Anecapital: 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.
Anecapital
Largest movements
- Stocks and contracts -€565,425
down €565,425 (-60.0%), from €941,823 to €376,398
- Current portion of long-term debt -€414,095
down €414,095 (-62.2%), from €665,948 to €251,853
- Profit (loss) carried forward -€72,426
down €72,426 (-202%), from -€35,829 to -€108,254
- Accrued charges and deferred income -€61,689
down €61,689 (-64.1%), from €96,257 to €34,569
- Debts after one year -€13,896
down €13,896 (-6.9%), from €200,000 to €186,104
- Financial charges +€40,738
up €40,738 (+292%), from €13,964 to €54,702
- Gross operating margin -€24,376
down €24,376, from €6,976 to -€17,400
- Financial income -€2,525
no longer reported in 2025 (was €2,525)
- Other operating charges -€826
down €826 (-71.8%), from €1,149 to €324
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 | €941,823 | €376,977 | -€564,846 | -60.0% |
| Current assets | 29/58 | €941,823 | €376,977 | -€564,846 | -60.0% |
| Stocks and contracts in progress | 3 | €941,823 | €376,398 | -€565,425 | -60.0% |
| Stocks | 30/36 | €941,823 | €376,398 | -€565,425 | -60.0% |
| Cash at bank and in hand | 54/58 | - | €302 | +€302 | |
| Deferred charges and accrued income | 490/1 | - | €277 | +€277 | |
| Total equity and liabilities | 10/49 | €941,823 | €376,977 | -€564,846 | -60.0% |
| Equity | 10/15 | -€30,829 | -€103,254 | -€72,426 | -235% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,829 | -€108,254 | -€72,426 | -202% |
| Amounts payable | 17/49 | €972,651 | €480,231 | -€492,420 | -50.6% |
| Amounts payable after more than one year | 17 | €200,000 | €186,104 | -€13,896 | -6.9% |
| Financial debts | 170/4 | €200,000 | €186,104 | -€13,896 | -6.9% |
| Amounts payable within one year | 42/48 | €676,394 | €259,559 | -€416,835 | -61.6% |
| Current portion of amounts payable after more than one year | 42 | €665,948 | €251,853 | -€414,095 | -62.2% |
| Financial debts | 43 | €1,860 | - | -€1,860 | |
| Credit institutions | 430/8 | €1,860 | - | -€1,860 | |
| Trade debts | 44 | €3,938 | €3,505 | -€433 | -11.0% |
| Suppliers | 440/4 | €3,938 | €3,505 | -€433 | -11.0% |
| Other amounts payable | 47/48 | €4,648 | €4,200 | -€448 | -9.6% |
| Accrued charges and deferred income | 492/3 | €96,257 | €34,569 | -€61,689 | -64.1% |
| Other operating charges | 640/8 | €1,149 | €324 | -€826 | -71.8% |
| Gross operating margin | 9900 | €6,976 | -€17,400 | -€24,376 | |
| Operating profit (loss) | 9901 | €5,827 | -€17,724 | -€23,551 | |
| Financial income | 75/76B | €2,525 | - | -€2,525 | |
| Recurring financial income | 75 | €2,525 | - | -€2,525 | |
| Financial charges | 65/66B | €13,964 | €54,702 | +€40,738 | +292% |
| Recurring financial charges | 65 | €13,964 | €54,702 | +€40,738 | +292% |
| Profit (loss) for the period before taxes | 9903 | -€5,612 | -€72,426 | -€66,813 | -1,190% |
| Profit (loss) for the period | 9904 | -€5,612 | -€72,426 | -€66,813 | -1,190% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,612 | -€72,426 | -€66,813 | -1,190% |
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 24 October 2026 via checked.be.