ANFIMO: 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.
ANFIMO
Largest movements
- Cash -€37,873
down €37,873 (-11.0%), from €343,725 to €305,852
mainly Accrued charges and deferred income (-€50,715) and Other debts (-€20,878)
- Tangible fixed assets -€16,933
down €16,933 (-22.2%), from €76,427 to €59,494
of which Furniture and vehicles: -€10,000
- Accrued charges and deferred income -€50,715
down €50,715 (-98.6%), from €51,450 to €735
- Reserves +€32,572
up €32,572 (+10.9%), from €298,987 to €331,558
- Other debts -€20,878
down €20,878 (-65.2%), from €32,028 to €11,150
- Tax, wage and social debts -€14,654
down €14,654 (-83.2%), from €17,622 to €2,967
- Gross operating margin -€206,210
down €206,210 (-75.1%), from €274,502 to €68,293
- Taxes -€64,131
down €64,131 (-80.8%), from €79,401 to €15,270
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 | €420,152 | €366,411 | -€53,741 | -12.8% |
| Fixed assets | 21/28 | €76,427 | €59,494 | -€16,933 | -22.2% |
| Tangible fixed assets | 22/27 | €76,427 | €59,494 | -€16,933 | -22.2% |
| Land and buildings | 22 | €30,061 | €23,128 | -€6,933 | -23.1% |
| Furniture and vehicles | 24 | €46,366 | €36,366 | -€10,000 | -21.6% |
| Current assets | 29/58 | €343,725 | €306,917 | -€36,808 | -10.7% |
| Cash at bank and in hand | 54/58 | €343,725 | €305,852 | -€37,873 | -11.0% |
| Deferred charges and accrued income | 490/1 | - | €1,065 | +€1,065 | |
| Total equity and liabilities | 10/49 | €420,152 | €366,411 | -€53,741 | -12.8% |
| Equity | 10/15 | €318,987 | €351,558 | +€32,572 | +10.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €298,987 | €331,558 | +€32,572 | +10.9% |
| Distributable reserves | 133 | €298,987 | €331,558 | +€32,572 | +10.9% |
| Amounts payable | 17/49 | €101,165 | €14,852 | -€86,313 | -85.3% |
| Amounts payable within one year | 42/48 | €49,715 | €14,117 | -€35,598 | -71.6% |
| Trade debts | 44 | €66 | - | -€66 | |
| Suppliers | 440/4 | €66 | - | -€66 | |
| Taxes, remuneration and social security | 45 | €17,622 | €2,967 | -€14,654 | -83.2% |
| Taxes | 450/3 | €17,622 | €2,967 | -€14,654 | -83.2% |
| Other amounts payable | 47/48 | €32,028 | €11,150 | -€20,878 | -65.2% |
| Accrued charges and deferred income | 492/3 | €51,450 | €735 | -€50,715 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,469 | €16,933 | +€1,465 | +9.5% |
| Other operating charges | 640/8 | €11,592 | €11,151 | -€441 | -3.8% |
| Gross operating margin | 9900 | €274,502 | €68,293 | -€206,210 | -75.1% |
| Operating profit (loss) | 9901 | €247,442 | €40,208 | -€207,234 | -83.8% |
| Financial income | 75/76B | €5,931 | €7,676 | +€1,745 | +29.4% |
| Recurring financial income | 75 | €5,931 | €7,676 | +€1,745 | +29.4% |
| Financial charges | 65/66B | €41 | €43 | +€2 | +4.9% |
| Recurring financial charges | 65 | €41 | €43 | +€2 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €253,332 | €47,842 | -€205,490 | -81.1% |
| Income taxes | 67/77 | €79,401 | €15,270 | -€64,131 | -80.8% |
| Profit (loss) for the period | 9904 | €173,931 | €32,572 | -€141,360 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €173,931 | €32,572 | -€141,360 | -81.3% |
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 3 October 2026 via checked.be.