ANELLE: 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.
ANELLE
Largest movements
- Receivables within one year -€38,426
down €38,426 (-81.6%), from €47,082 to €8,655
of which Trade receivables: -€22,704
- Cash +€7,494
up €7,494 (+167%), from €4,496 to €11,990
mainly Receivables within one year (+€38,426) and Accrued charges and deferred income (+€8,950)
- Stocks and contracts -€5,515
down €5,515 (-25.1%), from €22,000 to €16,485
of which Contracts in progress: -€10,366
- Tangible fixed assets -€1,317
down €1,317 (-26.9%), from €4,893 to €3,577
of which Furniture and vehicles: -€857
- Other debts -€30,160
down €30,160 (-74.7%), from €40,385 to €10,225
- Trade debts -€9,036
down €9,036 (-86.9%), from €10,399 to €1,364
- Accrued charges and deferred income +€8,950
new in 2025: €8,950
- Profit (loss) carried forward -€5,702
down €5,702 (-28.9%), from €19,735 to €14,033
- Tax, wage and social debts -€1,888
down €1,888 (-73.1%), from €2,583 to €696
- Gross operating margin -€6,333
down €6,333, from €3,548 to -€2,785
- Financial charges -€321
down €321 (-65.4%), from €492 to €170
- Other operating charges +€221
up €221 (+18.3%), from €1,210 to €1,431
- Financial income -€99
down €99 (-99.6%), from €100 to €0
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 | €79,303 | €41,467 | -€37,836 | -47.7% |
| Fixed assets | 21/28 | €4,893 | €3,577 | -€1,317 | -26.9% |
| Tangible fixed assets | 22/27 | €4,893 | €3,577 | -€1,317 | -26.9% |
| Plant, machinery and equipment | 23 | €1,685 | €1,225 | -€460 | -27.3% |
| Furniture and vehicles | 24 | €3,208 | €2,352 | -€857 | -26.7% |
| Current assets | 29/58 | €74,409 | €37,891 | -€36,519 | -49.1% |
| Stocks and contracts in progress | 3 | €22,000 | €16,485 | -€5,515 | -25.1% |
| Stocks | 30/36 | - | €4,851 | +€4,851 | |
| Contracts in progress | 37 | €22,000 | €11,634 | -€10,366 | -47.1% |
| Amounts receivable within one year | 40/41 | €47,082 | €8,655 | -€38,426 | -81.6% |
| Trade receivables | 40 | €30,006 | €7,301 | -€22,704 | -75.7% |
| Other amounts receivable | 41 | €17,076 | €1,354 | -€15,722 | -92.1% |
| Cash at bank and in hand | 54/58 | €4,496 | €11,990 | +€7,494 | +167% |
| Deferred charges and accrued income | 490/1 | €831 | €760 | -€71 | -8.6% |
| Total equity and liabilities | 10/49 | €79,303 | €41,467 | -€37,836 | -47.7% |
| Equity | 10/15 | €25,935 | €20,233 | -€5,702 | -22.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,735 | €14,033 | -€5,702 | -28.9% |
| Amounts payable | 17/49 | €53,367 | €21,234 | -€32,133 | -60.2% |
| Amounts payable within one year | 42/48 | €53,367 | €12,284 | -€41,083 | -77.0% |
| Trade debts | 44 | €10,399 | €1,364 | -€9,036 | -86.9% |
| Suppliers | 440/4 | €10,399 | €1,364 | -€9,036 | -86.9% |
| Taxes, remuneration and social security | 45 | €2,583 | €696 | -€1,888 | -73.1% |
| Taxes | 450/3 | €2,583 | €696 | -€1,888 | -73.1% |
| Other amounts payable | 47/48 | €40,385 | €10,225 | -€30,160 | -74.7% |
| Accrued charges and deferred income | 492/3 | - | €8,950 | +€8,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,317 | €1,317 | = | 0.0% |
| Other operating charges | 640/8 | €1,210 | €1,431 | +€221 | +18.3% |
| Non-recurring operating charges | 66A | €1,278 | - | -€1,278 | |
| Gross operating margin | 9900 | €3,548 | -€2,785 | -€6,333 | |
| Operating profit (loss) | 9901 | -€257 | -€5,532 | -€5,276 | -2,055% |
| Financial income | 75/76B | €100 | €0 | -€99 | -99.6% |
| Recurring financial income | 75 | €100 | €0 | -€99 | -99.6% |
| Financial charges | 65/66B | €492 | €170 | -€321 | -65.4% |
| Recurring financial charges | 65 | €492 | €170 | -€321 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | -€649 | -€5,702 | -€5,054 | -779% |
| Profit (loss) for the period | 9904 | -€649 | -€5,702 | -€5,054 | -779% |
| Profit (loss) for the period to be appropriated | 9905 | -€649 | -€5,702 | -€5,054 | -779% |
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 14 October 2026 via checked.be.