ANIMATH: 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.
ANIMATH
Largest movements
- Cash +€42,927
up €42,927 (+50.0%), from €85,838 to €128,765
mainly Net result for the year (+€251,666) and Tax, wage and social debts (+€66,257)
- Intangible fixed assets -€35,000
down €35,000 (-17.4%), from €201,178 to €166,178
- Debts after one year -€307,779
no longer reported in 2025 (was €307,779)
- Profit (loss) carried forward +€251,812
new in 2025: €251,812
- Tax, wage and social debts +€66,257
up €66,257 (+1300.1%), from €5,096 to €71,353
of which Taxes: +€64,398
- Trade debts -€6,885
down €6,885 (-25.6%), from €26,846 to €19,961
- Financial income +€307,768
up €307,768 (+746467.1%), from €41 to €307,810
of which Non-recurring financial income: +€307,779
- Taxes +€64,416
up €64,416, from -€18 to €64,398
- Gross operating margin +€24,538
up €24,538 (+27.8%), from €88,357 to €112,895
- Staff costs +€6,272
up €6,272 (+10.6%), from €59,395 to €65,668
- Other operating charges -€5,284
down €5,284 (-84.8%), from €6,234 to €950
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 | €354,792 | €354,940 | +€148 | 0.0% |
| Formation expenses | 20 | €258 | €22 | -€236 | -91.5% |
| Fixed assets | 21/28 | €219,317 | €181,929 | -€37,388 | -17.0% |
| Intangible fixed assets | 21 | €201,178 | €166,178 | -€35,000 | -17.4% |
| Tangible fixed assets | 22/27 | €9,443 | €7,055 | -€2,388 | -25.3% |
| Plant, machinery and equipment | 23 | €9,443 | €7,055 | -€2,388 | -25.3% |
| Financial fixed assets | 28 | €8,696 | €8,696 | = | 0.0% |
| Current assets | 29/58 | €135,216 | €172,989 | +€37,773 | +27.9% |
| Stocks and contracts in progress | 3 | €23,658 | €21,096 | -€2,562 | -10.8% |
| Stocks | 30/36 | €23,658 | €21,096 | -€2,562 | -10.8% |
| Amounts receivable within one year | 40/41 | €23,667 | €22,364 | -€1,303 | -5.5% |
| Trade receivables | 40 | €6,248 | €12,884 | +€6,637 | +106.2% |
| Other amounts receivable | 41 | €17,420 | €9,480 | -€7,940 | -45.6% |
| Cash at bank and in hand | 54/58 | €85,838 | €128,765 | +€42,927 | +50.0% |
| Deferred charges and accrued income | 490/1 | €2,053 | €764 | -€1,289 | -62.8% |
| Total equity and liabilities | 10/49 | €354,792 | €354,940 | +€148 | 0.0% |
| Equity | 10/15 | €2,146 | €253,812 | +€251,666 | +11724.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €146 | - | -€146 | |
| Distributable reserves | 133 | €146 | - | -€146 | |
| Profit (loss) carried forward | 14 | - | €251,812 | +€251,812 | |
| Amounts payable | 17/49 | €352,645 | €101,128 | -€251,518 | -71.3% |
| Amounts payable after more than one year | 17 | €307,779 | - | -€307,779 | |
| Other amounts payable | 178/9 | €307,779 | - | -€307,779 | |
| Amounts payable within one year | 42/48 | €41,745 | €101,128 | +€59,383 | +142.3% |
| Trade debts | 44 | €26,846 | €19,961 | -€6,885 | -25.6% |
| Suppliers | 440/4 | €26,846 | €19,961 | -€6,885 | -25.6% |
| Taxes, remuneration and social security | 45 | €5,096 | €71,353 | +€66,257 | +1300.1% |
| Taxes | 450/3 | €14 | €64,411 | +€64,398 | +474208.4% |
| Remuneration and social security | 454/9 | €5,083 | €6,942 | +€1,859 | +36.6% |
| Other amounts payable | 47/48 | €9,802 | €9,814 | +€12 | +0.1% |
| Accrued charges and deferred income | 492/3 | €3,122 | - | -€3,122 | |
| Remuneration, social security and pensions | 62 | €59,395 | €65,668 | +€6,272 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,472 | €37,574 | -€3,899 | -9.4% |
| Other operating charges | 640/8 | €6,234 | €950 | -€5,284 | -84.8% |
| Non-recurring operating charges | 66A | - | €51 | +€51 | |
| Gross operating margin | 9900 | €88,357 | €112,895 | +€24,538 | +27.8% |
| Operating profit (loss) | 9901 | -€18,744 | €8,653 | +€27,397 | |
| Financial income | 75/76B | €41 | €307,810 | +€307,768 | +746467.1% |
| Recurring financial income | 75 | €41 | €31 | -€11 | -26.0% |
| Non-recurring financial income | 76B | - | €307,779 | +€307,779 | |
| Financial charges | 65/66B | €634 | €400 | -€235 | -37.0% |
| Recurring financial charges | 65 | €634 | €400 | -€235 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,337 | €316,063 | +€335,401 | |
| Income taxes | 67/77 | -€18 | €64,398 | +€64,416 | |
| Profit (loss) for the period | 9904 | -€19,319 | €251,666 | +€270,985 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,319 | €251,666 | +€270,985 |
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 11 October 2026 via checked.be.