ANEUROTECH: 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.
ANEUROTECH
Largest movements
- Intangible fixed assets -€510,220
down €510,220 (-15.7%), from €3.3m to €2.7m
- Profit (loss) carried forward -€701,586
down €701,586 (-81.5%), from -€860,943 to -€1.6m
- Other debts +€172,246
up €172,246 (+107.5%), from €160,210 to €332,456
- Trade debts +€38,826
up €38,826 (+34.7%), from €111,849 to €150,674
- Tax, wage and social debts -€38,591
down €38,591 (-70.3%), from €54,921 to €16,329
- Depreciation +€38,681
up €38,681 (+6.7%), from €580,288 to €618,969
- Financial charges +€6,783
up €6,783 (+13.7%), from €49,343 to €56,126
- Taxes +€3,735
up €3,735 (+50.8%), from -€7,354 to -€3,619
- Gross operating margin +€1,756
up €1,756 (+5.3%), from -€32,833 to -€31,077
- Financial income +€1,207
up €1,207 (+133.1%), from €907 to €2,113
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 | €3,407,290 | €2,912,589 | -€494,702 | -14.5% |
| Formation expenses | 20 | €3,196 | €2,272 | -€924 | -28.9% |
| Fixed assets | 21/28 | €3,253,956 | €2,743,736 | -€510,220 | -15.7% |
| Intangible fixed assets | 21 | €3,253,956 | €2,743,736 | -€510,220 | -15.7% |
| Current assets | 29/58 | €150,138 | €166,580 | +€16,443 | +11.0% |
| Amounts receivable within one year | 40/41 | €136,749 | €164,745 | +€27,996 | +20.5% |
| Other amounts receivable | 41 | €136,749 | €164,745 | +€27,996 | +20.5% |
| Cash at bank and in hand | 54/58 | €13,388 | €1,836 | -€11,553 | -86.3% |
| Total equity and liabilities | 10/49 | €3,407,290 | €2,912,589 | -€494,702 | -14.5% |
| Equity | 10/15 | €1,312,499 | €610,913 | -€701,586 | -53.5% |
| Contributions | 10/11 | €2,085,358 | €2,085,358 | = | 0.0% |
| Reserves | 13 | €88,083 | €88,083 | = | 0.0% |
| Distributable reserves | 133 | €88,083 | €88,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€860,943 | -€1,562,529 | -€701,586 | -81.5% |
| Amounts payable | 17/49 | €2,094,791 | €2,301,676 | +€206,885 | +9.9% |
| Amounts payable after more than one year | 17 | €1,767,812 | €1,799,986 | +€32,174 | +1.8% |
| Financial debts | 170/4 | €1,767,812 | €1,799,986 | +€32,174 | +1.8% |
| Amounts payable within one year | 42/48 | €326,979 | €499,459 | +€172,481 | +52.7% |
| Trade debts | 44 | €111,849 | €150,674 | +€38,826 | +34.7% |
| Suppliers | 440/4 | €111,849 | €150,674 | +€38,826 | +34.7% |
| Taxes, remuneration and social security | 45 | €54,921 | €16,329 | -€38,591 | -70.3% |
| Taxes | 450/3 | €54,921 | €16,329 | -€38,591 | -70.3% |
| Other amounts payable | 47/48 | €160,210 | €332,456 | +€172,246 | +107.5% |
| Accrued charges and deferred income | 492/3 | - | €2,230 | +€2,230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €580,288 | €618,969 | +€38,681 | +6.7% |
| Other operating charges | 640/8 | €1,076 | €1,146 | +€71 | +6.6% |
| Gross operating margin | 9900 | -€32,833 | -€31,077 | +€1,756 | +5.3% |
| Operating profit (loss) | 9901 | -€614,197 | -€651,192 | -€36,995 | -6.0% |
| Financial income | 75/76B | €907 | €2,113 | +€1,207 | +133.1% |
| Recurring financial income | 75 | €907 | €2,113 | +€1,207 | +133.1% |
| Financial charges | 65/66B | €49,343 | €56,126 | +€6,783 | +13.7% |
| Recurring financial charges | 65 | €49,343 | €56,126 | +€6,783 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€662,633 | -€705,205 | -€42,572 | -6.4% |
| Income taxes | 67/77 | -€7,354 | -€3,619 | +€3,735 | +50.8% |
| Profit (loss) for the period | 9904 | -€655,280 | -€701,586 | -€46,307 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€655,280 | -€701,586 | -€46,307 | -7.1% |
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 29 September 2026 via checked.be.