ANEM: what changed
Two fiscal 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.
ANEM
Largest movements
- Cash +€71,666
up €71,666 (+156.0%), from €45,927 to €117,593
mainly Net result for the year (+€64,756) and Tax, wage and social debts (+€14,465)
- Receivables within one year +€13,554
up €13,554 (+113.9%), from €11,901 to €25,455
- Reserves +€64,756
up €64,756 (+197.8%), from €32,731 to €97,486
- Tax, wage and social debts +€14,465
up €14,465 (+75.0%), from €19,291 to €33,756
- Contributions +€3,500
new in 2025: €3,500
- Gross operating margin +€48,614
up €48,614 (+116.6%), from €41,677 to €90,291
- Taxes +€16,503
up €16,503 (+185.8%), from €8,881 to €25,384
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.
Cash bridge derived
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 | €57,829 | €143,117 | +€85,288 | +147.5% |
| Current assets | 29/58 | €57,829 | €143,117 | +€85,288 | +147.5% |
| Amounts receivable within one year | 40/41 | €11,901 | €25,455 | +€13,554 | +113.9% |
| Trade receivables | 40 | €11,901 | €25,455 | +€13,554 | +113.9% |
| Cash at bank and in hand | 54/58 | €45,927 | €117,593 | +€71,666 | +156.0% |
| Deferred charges and accrued income | 490/1 | - | €69 | +€69 | |
| Total equity and liabilities | 10/49 | €57,829 | €143,117 | +€85,288 | +147.5% |
| Equity | 10/15 | €32,731 | €100,986 | +€68,256 | +208.5% |
| Contributions | 10/11 | - | €3,500 | +€3,500 | |
| Reserves | 13 | €32,731 | €97,486 | +€64,756 | +197.8% |
| Distributable reserves | 133 | €32,731 | €97,486 | +€64,756 | +197.8% |
| Amounts payable | 17/49 | €25,098 | €42,130 | +€17,032 | +67.9% |
| Amounts payable within one year | 42/48 | €25,098 | €42,130 | +€17,032 | +67.9% |
| Trade debts | 44 | €279 | €1,680 | +€1,401 | +503.0% |
| Suppliers | 440/4 | €279 | €1,680 | +€1,401 | +503.0% |
| Taxes, remuneration and social security | 45 | €19,291 | €33,756 | +€14,465 | +75.0% |
| Taxes | 450/3 | €19,291 | €33,756 | +€14,465 | +75.0% |
| Other amounts payable | 47/48 | €5,529 | €6,695 | +€1,166 | +21.1% |
| Other operating charges | 640/8 | - | €30 | +€30 | |
| Gross operating margin | 9900 | €41,677 | €90,291 | +€48,614 | +116.6% |
| Operating profit (loss) | 9901 | €41,677 | €90,261 | +€48,584 | +116.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €65 | €121 | +€56 | +86.6% |
| Recurring financial charges | 65 | €65 | €121 | +€56 | +86.6% |
| Profit (loss) for the period before taxes | 9903 | €41,612 | €90,140 | +€48,528 | +116.6% |
| Income taxes | 67/77 | €8,881 | €25,384 | +€16,503 | +185.8% |
| Profit (loss) for the period | 9904 | €32,731 | €64,756 | +€32,025 | +97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,731 | €64,756 | +€32,025 | +97.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.