ANFORCE: 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.
ANFORCE
Largest movements
- Cash +€13,879
up €13,879 (+21.0%), from €66,079 to €79,958
mainly Net result for the year (+€11,191) and Receivables within one year (+€4,953)
- Receivables within one year -€4,953
down €4,953 (-31.9%), from €15,508 to €10,555
of which Trade receivables: -€7,812
- Tangible fixed assets -€3,376
down €3,376 (-19.5%), from €17,298 to €13,922
- Stocks and contracts -€2,242
down €2,242 (-20.6%), from €10,874 to €8,632
- Deferred charges and accrued income +€1,288
up €1,288 (+36.3%), from €3,553 to €4,841
- Reserves +€11,191
up €11,191 (+49.7%), from €22,495 to €33,685
of which Distributable reserves: +€11,191
- Other debts -€6,488
down €6,488 (-97.1%), from €6,684 to €196
- Advances received -€3,798
no longer reported in 2025 (was €3,798)
- Trade debts +€2,765
up €2,765 (+6.1%), from €45,515 to €48,281
- Tax, wage and social debts +€1,758
up €1,758 (+11.4%), from €15,390 to €17,147
of which Remuneration and social security: +€1,517
- Staff costs +€12,263
up €12,263 (+11.5%), from €106,655 to €118,917
- Depreciation -€5,308
down €5,308 (-61.1%), from €8,683 to €3,376
- Taxes +€2,838
up €2,838 (+145.4%), from €1,952 to €4,789
- Other operating charges -€1,858
down €1,858 (-47.8%), from €3,887 to €2,029
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 | €113,313 | €117,909 | +€4,596 | +4.1% |
| Fixed assets | 21/28 | €17,298 | €13,922 | -€3,376 | -19.5% |
| Tangible fixed assets | 22/27 | €17,298 | €13,922 | -€3,376 | -19.5% |
| Plant, machinery and equipment | 23 | €17,298 | €13,922 | -€3,376 | -19.5% |
| Current assets | 29/58 | €96,015 | €103,987 | +€7,972 | +8.3% |
| Stocks and contracts in progress | 3 | €10,874 | €8,632 | -€2,242 | -20.6% |
| Stocks | 30/36 | €10,874 | €8,632 | -€2,242 | -20.6% |
| Amounts receivable within one year | 40/41 | €15,508 | €10,555 | -€4,953 | -31.9% |
| Trade receivables | 40 | €12,374 | €4,561 | -€7,812 | -63.1% |
| Other amounts receivable | 41 | €3,135 | €5,994 | +€2,859 | +91.2% |
| Cash at bank and in hand | 54/58 | €66,079 | €79,958 | +€13,879 | +21.0% |
| Deferred charges and accrued income | 490/1 | €3,553 | €4,841 | +€1,288 | +36.3% |
| Total equity and liabilities | 10/49 | €113,313 | €117,909 | +€4,596 | +4.1% |
| Equity | 10/15 | €41,095 | €52,285 | +€11,191 | +27.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,495 | €33,685 | +€11,191 | +49.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,635 | €31,825 | +€11,191 | +54.2% |
| Amounts payable | 17/49 | €72,218 | €65,624 | -€6,594 | -9.1% |
| Amounts payable within one year | 42/48 | €71,387 | €65,624 | -€5,764 | -8.1% |
| Trade debts | 44 | €45,515 | €48,281 | +€2,765 | +6.1% |
| Suppliers | 440/4 | €45,515 | €48,281 | +€2,765 | +6.1% |
| Advances received on contracts in progress | 46 | €3,798 | - | -€3,798 | |
| Taxes, remuneration and social security | 45 | €15,390 | €17,147 | +€1,758 | +11.4% |
| Taxes | 450/3 | €417 | €658 | +€241 | +57.7% |
| Remuneration and social security | 454/9 | €14,973 | €16,489 | +€1,517 | +10.1% |
| Other amounts payable | 47/48 | €6,684 | €196 | -€6,488 | -97.1% |
| Accrued charges and deferred income | 492/3 | €831 | - | -€831 | |
| Non-recurring operating income | 76A | €3,719 | - | -€3,719 | |
| Remuneration, social security and pensions | 62 | €106,655 | €118,917 | +€12,263 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,683 | €3,376 | -€5,308 | -61.1% |
| Other operating charges | 640/8 | €3,887 | €2,029 | -€1,858 | -47.8% |
| Gross operating margin | 9900 | €141,647 | €142,695 | +€1,048 | +0.7% |
| Operating profit (loss) | 9901 | €22,422 | €18,372 | -€4,050 | -18.1% |
| Financial income | 75/76B | €256 | €458 | +€202 | +79.0% |
| Recurring financial income | 75 | €256 | €458 | +€202 | +79.0% |
| Financial charges | 65/66B | €2,766 | €2,850 | +€84 | +3.0% |
| Recurring financial charges | 65 | €2,766 | €2,850 | +€84 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €19,911 | €15,980 | -€3,931 | -19.7% |
| Income taxes | 67/77 | €1,952 | €4,789 | +€2,838 | +145.4% |
| Profit (loss) for the period | 9904 | €17,960 | €11,191 | -€6,769 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,960 | €11,191 | -€6,769 | -37.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.