AnestAlgo: 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.
AnestAlgo
Largest movements
- Tangible fixed assets +€62,957
up €62,957 (+642%), from €9,805 to €72,762
of which Leasing and similar rights: +€69,906
- Cash -€23,857
down €23,857 (-14.6%), from €163,338 to €139,482
mainly Contributions, distributions and other (-€257,462) and Investment in fixed assets (net) (-€74,162)
- Deferred charges and accrued income +€4,068
up €4,068 (+40.5%), from €10,036 to €14,105
- Debts after one year +€42,720
new in 2025: €42,720
- Reserves -€12,283
down €12,283 (-100%), from €12,283 to €0
- Current portion of long-term debt +€12,048
new in 2025: €12,048
- Trade debts -€6,691
down €6,691 (-62.4%), from €10,723 to €4,033
- Gross operating margin +€18,614
up €18,614 (+5.9%), from €316,313 to €334,927
- Depreciation +€9,585
up €9,585 (+592%), from €1,619 to €11,205
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 | €293,631 | €333,783 | +€40,151 | +13.7% |
| Fixed assets | 21/28 | €9,805 | €72,762 | +€62,957 | +642% |
| Tangible fixed assets | 22/27 | €9,805 | €72,762 | +€62,957 | +642% |
| Furniture and vehicles | 24 | €9,805 | €2,857 | -€6,949 | -70.9% |
| Leasing and similar rights | 25 | - | €69,906 | +€69,906 | |
| Current assets | 29/58 | €283,826 | €261,020 | -€22,806 | -8.0% |
| Amounts receivable within one year | 40/41 | €110,451 | €107,434 | -€3,017 | -2.7% |
| Trade receivables | 40 | €110,451 | €107,434 | -€3,017 | -2.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €163,338 | €139,482 | -€23,857 | -14.6% |
| Deferred charges and accrued income | 490/1 | €10,036 | €14,105 | +€4,068 | +40.5% |
| Total equity and liabilities | 10/49 | €293,631 | €333,783 | +€40,151 | +13.7% |
| Equity | 10/15 | €14,783 | €2,500 | -€12,283 | -83.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,283 | €0 | -€12,283 | -100% |
| Distributable reserves | 133 | €12,283 | €0 | -€12,283 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €278,848 | €331,283 | +€52,434 | +18.8% |
| Amounts payable after more than one year | 17 | - | €42,720 | +€42,720 | |
| Financial debts | 170/4 | - | €42,720 | +€42,720 | |
| Amounts payable within one year | 42/48 | €278,848 | €288,563 | +€9,714 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | - | €12,048 | +€12,048 | |
| Financial debts | 43 | - | €600 | +€600 | |
| Credit institutions | 430/8 | - | €600 | +€600 | |
| Trade debts | 44 | €10,723 | €4,033 | -€6,691 | -62.4% |
| Suppliers | 440/4 | €10,723 | €4,033 | -€6,691 | -62.4% |
| Taxes, remuneration and social security | 45 | €42,887 | €44,480 | +€1,593 | +3.7% |
| Taxes | 450/3 | €42,887 | €44,480 | +€1,593 | +3.7% |
| Other amounts payable | 47/48 | €225,238 | €227,402 | +€2,164 | +1.0% |
| Non-recurring operating income | 76A | - | €11,927 | +€11,927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,619 | €11,205 | +€9,585 | +592% |
| Other operating charges | 640/8 | €1,441 | €1,309 | -€131 | -9.1% |
| Gross operating margin | 9900 | €316,313 | €334,927 | +€18,614 | +5.9% |
| Operating profit (loss) | 9901 | €313,253 | €322,413 | +€9,160 | +2.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €349 | €1,373 | +€1,025 | +294% |
| Recurring financial charges | 65 | €349 | €1,373 | +€1,025 | +294% |
| Profit (loss) for the period before taxes | 9903 | €312,904 | €321,040 | +€8,136 | +2.6% |
| Income taxes | 67/77 | €75,387 | €75,860 | +€473 | +0.6% |
| Profit (loss) for the period | 9904 | €237,517 | €245,179 | +€7,663 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €237,517 | €245,179 | +€7,663 | +3.2% |
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 28 October 2026 via checked.be.