Anemoon Project: 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.
Anemoon Project
Largest movements
- Stocks and contracts -€177,325
down €177,325 (-23.0%), from €771,969 to €594,644
- Receivables within one year -€69,727
down €69,727 (-10.9%), from €637,822 to €568,094
of which Other amounts receivable: -€85,285
- Short-term financial debts -€428,701
down €428,701 (-31.6%), from €1.4m to €926,543
- Other debts +€190,172
up €190,172 (+262%), from €72,460 to €262,632
- Accrued charges and deferred income +€86,639
up €86,639 (+229%), from €37,778 to €124,417
- Profit (loss) carried forward -€83,783
down €83,783 (-10.7%), from -€783,485 to -€867,268
- Financial charges -€23,519
down €23,519 (-31.3%), from €75,058 to €51,539
- Financial income -€15,610
down €15,610 (-42.6%), from €36,633 to €21,023
- Gross operating margin -€8,903
down €8,903 (-20.9%), from -€42,582 to -€51,484
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 | €1,412,404 | €1,170,459 | -€241,945 | -17.1% |
| Current assets | 29/58 | €1,412,404 | €1,170,459 | -€241,945 | -17.1% |
| Stocks and contracts in progress | 3 | €771,969 | €594,644 | -€177,325 | -23.0% |
| Contracts in progress | 37 | €771,969 | €594,644 | -€177,325 | -23.0% |
| Amounts receivable within one year | 40/41 | €637,822 | €568,094 | -€69,727 | -10.9% |
| Trade receivables | 40 | €11,338 | €26,896 | +€15,558 | +137% |
| Other amounts receivable | 41 | €626,483 | €541,198 | -€85,285 | -13.6% |
| Cash at bank and in hand | 54/58 | €2,418 | €7,525 | +€5,106 | +211% |
| Deferred charges and accrued income | 490/1 | €195 | €196 | +€1 | +0.5% |
| Total equity and liabilities | 10/49 | €1,412,404 | €1,170,459 | -€241,945 | -17.1% |
| Equity | 10/15 | -€93,375 | -€177,158 | -€83,783 | -89.7% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €90,110 | €90,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,522 | €13,522 | = | 0.0% |
| Legal reserve | 130 | €13,522 | €13,522 | = | 0.0% |
| Distributable reserves | 133 | €76,588 | €76,588 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€783,485 | -€867,268 | -€83,783 | -10.7% |
| Amounts payable | 17/49 | €1,505,778 | €1,347,617 | -€158,161 | -10.5% |
| Amounts payable within one year | 42/48 | €1,468,000 | €1,223,200 | -€244,800 | -16.7% |
| Financial debts | 43 | €1,355,244 | €926,543 | -€428,701 | -31.6% |
| Credit institutions | 430/8 | €1,355,244 | €926,543 | -€428,701 | -31.6% |
| Trade debts | 44 | €40,296 | €29,301 | -€10,995 | -27.3% |
| Suppliers | 440/4 | €40,296 | €29,301 | -€10,995 | -27.3% |
| Taxes, remuneration and social security | 45 | €0 | €4,724 | +€4,724 | |
| Taxes | 450/3 | €0 | €4,724 | +€4,724 | |
| Other amounts payable | 47/48 | €72,460 | €262,632 | +€190,172 | +262% |
| Accrued charges and deferred income | 492/3 | €37,778 | €124,417 | +€86,639 | +229% |
| Other operating charges | 640/8 | €1,581 | €1,784 | +€202 | +12.8% |
| Gross operating margin | 9900 | -€42,582 | -€51,484 | -€8,903 | -20.9% |
| Operating profit (loss) | 9901 | -€44,163 | -€53,268 | -€9,105 | -20.6% |
| Financial income | 75/76B | €36,633 | €21,023 | -€15,610 | -42.6% |
| Recurring financial income | 75 | €36,633 | €21,023 | -€15,610 | -42.6% |
| Financial charges | 65/66B | €75,058 | €51,539 | -€23,519 | -31.3% |
| Recurring financial charges | 65 | €75,058 | €51,539 | -€23,519 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€82,588 | -€83,783 | -€1,195 | -1.4% |
| Profit (loss) for the period | 9904 | -€82,588 | -€83,783 | -€1,195 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,588 | -€83,783 | -€1,195 | -1.4% |
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 17 October 2026 via checked.be.