ANINVEST: what changed
ANINVEST
Largest movements
- Receivables within one year -€65,819
no longer reported in 2025 (was €65,819)
- Tangible fixed assets -€36,326
down €36,326 (-9.0%), from €405,147 to €368,821
- Cash +€25,460
up €25,460 (+9,237%), from €276 to €25,736
mainly Receivables within one year (+€65,819) and Investment in fixed assets (net) (+€19,425)
- Profit (loss) carried forward -€94,459
down €94,459 (-467%), from -€20,240 to -€114,699
- Other debts +€16,350
up €16,350 (+8.6%), from €189,118 to €205,468
- Financial charges +€67,232
up €67,232 (+44,947%), from €150 to €67,381
- Gross operating margin -€9,414
down €9,414, from €9,036 to -€378
- Other operating charges +€6,488
up €6,488 (+196%), from €3,310 to €9,798
- Depreciation -€467
down €467 (-2.7%), from €17,368 to €16,901
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €471,242 | €397,791 | -€73,451 | -15.6% |
| Fixed assets | 21/28 | €405,147 | €368,821 | -€36,326 | -9.0% |
| Tangible fixed assets | 22/27 | €405,147 | €368,821 | -€36,326 | -9.0% |
| Land and buildings | 22 | €405,147 | €368,821 | -€36,326 | -9.0% |
| Current assets | 29/58 | €66,095 | €28,970 | -€37,125 | -56.2% |
| Amounts receivable within one year | 40/41 | €65,819 | - | -€65,819 | |
| Other amounts receivable | 41 | €65,819 | - | -€65,819 | |
| Cash at bank and in hand | 54/58 | €276 | €25,736 | +€25,460 | +9,237% |
| Deferred charges and accrued income | 490/1 | - | €3,234 | +€3,234 | |
| Total equity and liabilities | 10/49 | €471,242 | €397,791 | -€73,451 | -15.6% |
| Equity | 10/15 | €282,124 | €187,666 | -€94,459 | -33.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €102,365 | €102,365 | = | 0.0% |
| Non-distributable reserves | 130/1 | €65,500 | €65,500 | = | 0.0% |
| Legal reserve | 130 | €65,500 | €65,500 | = | 0.0% |
| Distributable reserves | 133 | €36,865 | €36,865 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,240 | -€114,699 | -€94,459 | -467% |
| Amounts payable | 17/49 | €189,118 | €210,125 | +€21,007 | +11.1% |
| Amounts payable within one year | 42/48 | €189,118 | €210,125 | +€21,007 | +11.1% |
| Trade debts | 44 | - | €4,658 | +€4,658 | |
| Suppliers | 440/4 | - | €4,658 | +€4,658 | |
| Other amounts payable | 47/48 | €189,118 | €205,468 | +€16,350 | +8.6% |
| Non-recurring operating income | 76A | - | €19,208 | +€19,208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,368 | €16,901 | -€467 | -2.7% |
| Other operating charges | 640/8 | €3,310 | €9,798 | +€6,488 | +196% |
| Gross operating margin | 9900 | €9,036 | -€378 | -€9,414 | |
| Operating profit (loss) | 9901 | -€11,643 | -€27,078 | -€15,435 | -133% |
| Financial charges | 65/66B | €150 | €67,381 | +€67,232 | +44,947% |
| Recurring financial charges | 65 | €150 | €67,381 | +€67,232 | +44,947% |
| Profit (loss) for the period before taxes | 9903 | -€11,792 | -€94,459 | -€82,666 | -701% |
| Profit (loss) for the period | 9904 | -€11,792 | -€94,459 | -€82,666 | -701% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,792 | -€94,459 | -€82,666 | -701% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.