ANESLO: 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.
ANESLO
Largest movements
- Cash +€23,280
up €23,280 (+46.3%), from €50,246 to €73,526
mainly Net result for the year (+€92,153) and Other debts (+€10,634)
- Receivables after one year -€6,512
down €6,512 (-10.5%), from €62,107 to €55,595
- Tangible fixed assets -€4,277
down €4,277 (-37.9%), from €11,282 to €7,005
of which Furniture and vehicles: -€4,010
- Tax, wage and social debts -€23,648
down €23,648 (-75.5%), from €31,318 to €7,670
of which Taxes: -€24,216
- Reserves +€23,419
up €23,419 (+12.8%), from €182,383 to €205,802
- Other debts +€10,634
up €10,634 (+18.3%), from €58,100 to €68,734
- Taxes +€7,901
up €7,901 (+26.1%), from €30,273 to €38,174
- Staff costs +€3,400
up €3,400 (+10.7%), from €31,778 to €35,178
- Gross operating margin +€2,928
up €2,928 (+1.8%), from €159,827 to €162,755
- Financial income +€2,756
up €2,756 (+51.7%), from €5,325 to €8,081
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 | €295,206 | €306,253 | +€11,047 | +3.7% |
| Fixed assets | 21/28 | €11,462 | €7,185 | -€4,277 | -37.3% |
| Tangible fixed assets | 22/27 | €11,282 | €7,005 | -€4,277 | -37.9% |
| Plant, machinery and equipment | 23 | €340 | €72 | -€268 | -78.7% |
| Furniture and vehicles | 24 | €10,942 | €6,932 | -€4,010 | -36.6% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €283,744 | €299,068 | +€15,324 | +5.4% |
| Amounts receivable after more than one year | 29 | €62,107 | €55,595 | -€6,512 | -10.5% |
| Trade receivables | 290 | €62,107 | €55,595 | -€6,512 | -10.5% |
| Amounts receivable within one year | 40/41 | €68,937 | €66,792 | -€2,146 | -3.1% |
| Trade receivables | 40 | €232 | - | -€232 | |
| Other amounts receivable | 41 | €68,705 | €66,792 | -€1,914 | -2.8% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,246 | €73,526 | +€23,280 | +46.3% |
| Deferred charges and accrued income | 490/1 | €2,454 | €3,156 | +€702 | +28.6% |
| Total equity and liabilities | 10/49 | €295,206 | €306,253 | +€11,047 | +3.7% |
| Equity | 10/15 | €203,345 | €226,764 | +€23,419 | +11.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €182,383 | €205,802 | +€23,419 | +12.8% |
| Distributable reserves | 133 | €182,383 | €205,802 | +€23,419 | +12.8% |
| Profit (loss) carried forward | 14 | €502 | €502 | -€0 | 0.0% |
| Amounts payable | 17/49 | €91,861 | €79,489 | -€12,372 | -13.5% |
| Amounts payable within one year | 42/48 | €91,861 | €79,489 | -€12,372 | -13.5% |
| Trade debts | 44 | €2,443 | €3,084 | +€641 | +26.3% |
| Suppliers | 440/4 | €2,443 | €3,084 | +€641 | +26.3% |
| Taxes, remuneration and social security | 45 | €31,318 | €7,670 | -€23,648 | -75.5% |
| Taxes | 450/3 | €26,430 | €2,214 | -€24,216 | -91.6% |
| Remuneration and social security | 454/9 | €4,888 | €5,457 | +€569 | +11.6% |
| Other amounts payable | 47/48 | €58,100 | €68,734 | +€10,634 | +18.3% |
| Remuneration, social security and pensions | 62 | €31,778 | €35,178 | +€3,400 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,424 | €4,277 | +€853 | +24.9% |
| Other operating charges | 640/8 | €678 | €699 | +€21 | +3.0% |
| Gross operating margin | 9900 | €159,827 | €162,755 | +€2,928 | +1.8% |
| Operating profit (loss) | 9901 | €123,947 | €122,601 | -€1,346 | -1.1% |
| Financial income | 75/76B | €5,325 | €8,081 | +€2,756 | +51.7% |
| Recurring financial income | 75 | €5,325 | €8,081 | +€2,756 | +51.7% |
| Financial charges | 65/66B | €197 | €355 | +€158 | +80.1% |
| Recurring financial charges | 65 | €197 | €355 | +€158 | +80.1% |
| Profit (loss) for the period before taxes | 9903 | €129,075 | €130,327 | +€1,252 | +1.0% |
| Income taxes | 67/77 | €30,273 | €38,174 | +€7,901 | +26.1% |
| Profit (loss) for the period | 9904 | €98,802 | €92,153 | -€6,649 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €98,802 | €92,153 | -€6,649 | -6.7% |
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 16 October 2026 via checked.be.