Anelti: 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.
Anelti
Largest movements
- Receivables after one year +€102,496
up €102,496 (+336%), from €30,485 to €132,981
- Stocks and contracts -€49,143
down €49,143 (-92.4%), from €53,193 to €4,050
of which Contracts in progress: -€45,661
- Receivables within one year -€17,389
down €17,389 (-32.2%), from €53,980 to €36,591
of which Trade receivables: -€23,997
- Reserves +€45,000
up €45,000 (+46.3%), from €97,265 to €142,265
- Tax, wage and social debts -€10,902
down €10,902 (-55.1%), from €19,776 to €8,874
- Advances received +€8,000
up €8,000 (+42.4%), from €18,875 to €26,875
- Debts after one year -€4,960
no longer reported in 2025 (was €4,960)
- Gross operating margin +€35,594
up €35,594 (+70.6%), from €50,452 to €86,046
- Taxes +€7,799
up €7,799 (+53.3%), from €14,628 to €22,427
- Financial charges +€5,134
up €5,134 (+711%), from €722 to €5,856
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 | €160,309 | €197,231 | +€36,922 | +23.0% |
| Fixed assets | 21/28 | €19,001 | €19,882 | +€881 | +4.6% |
| Tangible fixed assets | 22/27 | €19,001 | €19,882 | +€881 | +4.6% |
| Plant, machinery and equipment | 23 | €7,956 | €10,871 | +€2,915 | +36.6% |
| Furniture and vehicles | 24 | €11,045 | €9,011 | -€2,034 | -18.4% |
| Current assets | 29/58 | €141,308 | €177,349 | +€36,041 | +25.5% |
| Amounts receivable after more than one year | 29 | €30,485 | €132,981 | +€102,496 | +336% |
| Other amounts receivable | 291 | €30,485 | €132,981 | +€102,496 | +336% |
| Stocks and contracts in progress | 3 | €53,193 | €4,050 | -€49,143 | -92.4% |
| Stocks | 30/36 | €3,482 | - | -€3,482 | |
| Contracts in progress | 37 | €49,711 | €4,050 | -€45,661 | -91.9% |
| Amounts receivable within one year | 40/41 | €53,980 | €36,591 | -€17,389 | -32.2% |
| Trade receivables | 40 | €53,980 | €29,983 | -€23,997 | -44.5% |
| Other amounts receivable | 41 | - | €6,608 | +€6,608 | |
| Cash at bank and in hand | 54/58 | €3,252 | €3,423 | +€171 | +5.3% |
| Deferred charges and accrued income | 490/1 | €398 | €304 | -€94 | -23.6% |
| Total equity and liabilities | 10/49 | €160,309 | €197,231 | +€36,922 | +23.0% |
| Equity | 10/15 | €100,265 | €146,073 | +€45,808 | +45.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €97,265 | €142,265 | +€45,000 | +46.3% |
| Distributable reserves | 133 | €97,265 | €142,265 | +€45,000 | +46.3% |
| Profit (loss) carried forward | 14 | - | €808 | +€808 | |
| Amounts payable | 17/49 | €60,044 | €51,158 | -€8,886 | -14.8% |
| Amounts payable after more than one year | 17 | €4,960 | - | -€4,960 | |
| Other amounts payable | 178/9 | €4,960 | - | -€4,960 | |
| Amounts payable within one year | 42/48 | €55,084 | €51,158 | -€3,926 | -7.1% |
| Trade debts | 44 | €16,433 | €15,409 | -€1,024 | -6.2% |
| Suppliers | 440/4 | €16,433 | €15,409 | -€1,024 | -6.2% |
| Advances received on contracts in progress | 46 | €18,875 | €26,875 | +€8,000 | +42.4% |
| Taxes, remuneration and social security | 45 | €19,776 | €8,874 | -€10,902 | -55.1% |
| Taxes | 450/3 | €19,776 | €8,874 | -€10,902 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,346 | €4,868 | +€522 | +12.0% |
| Other operating charges | 640/8 | €3,815 | €4,557 | +€742 | +19.4% |
| Non-recurring operating charges | 66A | - | €2,558 | +€2,558 | |
| Gross operating margin | 9900 | €50,452 | €86,046 | +€35,594 | +70.6% |
| Operating profit (loss) | 9901 | €42,291 | €74,063 | +€31,772 | +75.1% |
| Financial income | 75/76B | €244 | €28 | -€216 | -88.5% |
| Recurring financial income | 75 | €244 | €28 | -€216 | -88.5% |
| Financial charges | 65/66B | €722 | €5,856 | +€5,134 | +711% |
| Recurring financial charges | 65 | €722 | €5,856 | +€5,134 | +711% |
| Profit (loss) for the period before taxes | 9903 | €41,813 | €68,235 | +€26,422 | +63.2% |
| Income taxes | 67/77 | €14,628 | €22,427 | +€7,799 | +53.3% |
| Profit (loss) for the period | 9904 | €27,185 | €45,808 | +€18,623 | +68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,185 | €45,808 | +€18,623 | +68.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.