ANFREDI: 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.
ANFREDI
Largest movements
- Receivables within one year +€96,489
up €96,489 (+325%), from €29,656 to €126,145
of which Trade receivables: +€96,948
- Cash +€17,800
up €17,800 (+263%), from €6,780 to €24,581
mainly Net result for the year (+€96,655) and Other debts (+€17,403)
- Profit (loss) carried forward +€66,655
up €66,655, from -€1,525 to €65,130
- Other debts +€17,403
up €17,403 (+757%), from €2,300 to €19,703
- Tax, wage and social debts +€15,224
up €15,224 (+2,837%), from €537 to €15,761
of which Taxes: +€15,224
- Trade debts +€15,007
up €15,007 (+48.2%), from €31,125 to €46,132
- Contributions +€4,000
new in 2025: €4,000
- Gross operating margin +€123,670
up €123,670 (+5,731%), from €2,158 to €125,828
- Taxes +€28,058
up €28,058 (+18,732%), from €150 to €28,208
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 | €36,437 | €150,726 | +€114,289 | +314% |
| Current assets | 29/58 | €36,437 | €150,726 | +€114,289 | +314% |
| Amounts receivable within one year | 40/41 | €29,656 | €126,145 | +€96,489 | +325% |
| Trade receivables | 40 | €28,168 | €125,115 | +€96,948 | +344% |
| Other amounts receivable | 41 | €1,489 | €1,030 | -€459 | -30.8% |
| Cash at bank and in hand | 54/58 | €6,780 | €24,581 | +€17,800 | +263% |
| Total equity and liabilities | 10/49 | €36,437 | €150,726 | +€114,289 | +314% |
| Equity | 10/15 | €2,475 | €69,130 | +€66,655 | +2,693% |
| Contributions | 10/11 | - | €4,000 | +€4,000 | |
| Reserves | 13 | €4,000 | - | -€4,000 | |
| Distributable reserves | 133 | €4,000 | - | -€4,000 | |
| Profit (loss) carried forward | 14 | -€1,525 | €65,130 | +€66,655 | |
| Amounts payable | 17/49 | €33,962 | €81,596 | +€47,634 | +140% |
| Amounts payable within one year | 42/48 | €33,962 | €81,596 | +€47,634 | +140% |
| Trade debts | 44 | €31,125 | €46,132 | +€15,007 | +48.2% |
| Suppliers | 440/4 | €31,125 | €46,132 | +€15,007 | +48.2% |
| Taxes, remuneration and social security | 45 | €537 | €15,761 | +€15,224 | +2,837% |
| Taxes | 450/3 | €537 | €15,761 | +€15,224 | +2,837% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,300 | €19,703 | +€17,403 | +757% |
| Other operating charges | 640/8 | €220 | €843 | +€623 | +283% |
| Gross operating margin | 9900 | €2,158 | €125,828 | +€123,670 | +5,731% |
| Operating profit (loss) | 9901 | €1,938 | €124,985 | +€123,047 | +6,349% |
| Financial charges | 65/66B | €135 | €122 | -€13 | -9.7% |
| Recurring financial charges | 65 | €135 | €122 | -€13 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €1,803 | €124,863 | +€123,060 | +6,825% |
| Income taxes | 67/77 | €150 | €28,208 | +€28,058 | +18,732% |
| Profit (loss) for the period | 9904 | €1,653 | €96,655 | +€95,002 | +5,746% |
| Profit (loss) for the period to be appropriated | 9905 | €1,653 | €96,655 | +€95,002 | +5,746% |
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 15 October 2026 via checked.be.