ANISIM: 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.
ANISIM
Largest movements
- Tangible fixed assets -€26,145
down €26,145 (-16.2%), from €161,687 to €135,542
of which Other tangible fixed assets: -€14,729
- Cash +€18,392
up €18,392 (+57.1%), from €32,196 to €50,588
mainly Trade debts (+€52,492) and Depreciation (+€31,485)
- Trade debts +€52,492
up €52,492 (+29.2%), from €179,885 to €232,377
- Debts after one year -€32,437
down €32,437 (-41.7%), from €77,758 to €45,320
- Current portion of long-term debt -€16,426
down €16,426 (-31.1%), from €52,886 to €36,460
- Profit (loss) carried forward -€13,395
down €13,395 (-35.5%), from -€37,743 to -€51,138
- Staff costs -€52,289
down €52,289 (-21.9%), from €238,381 to €186,092
- Gross operating margin -€26,727
down €26,727 (-10.4%), from €256,360 to €229,633
- Financial charges +€2,742
up €2,742 (+17.7%), from €15,526 to €18,267
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 | €363,643 | €355,650 | -€7,993 | -2.2% |
| Fixed assets | 21/28 | €165,087 | €138,942 | -€26,145 | -15.8% |
| Tangible fixed assets | 22/27 | €161,687 | €135,542 | -€26,145 | -16.2% |
| Plant, machinery and equipment | 23 | €7,243 | €9,629 | +€2,386 | +32.9% |
| Furniture and vehicles | 24 | €37,048 | €33,134 | -€3,915 | -10.6% |
| Leasing and similar rights | 25 | €15,196 | €5,308 | -€9,888 | -65.1% |
| Other tangible fixed assets | 26 | €102,201 | €87,472 | -€14,729 | -14.4% |
| Financial fixed assets | 28 | €3,400 | €3,400 | = | 0.0% |
| Current assets | 29/58 | €198,556 | €216,708 | +€18,152 | +9.1% |
| Stocks and contracts in progress | 3 | €153,557 | €150,984 | -€2,573 | -1.7% |
| Stocks | 30/36 | €153,557 | €150,984 | -€2,573 | -1.7% |
| Amounts receivable within one year | 40/41 | €105 | €2,850 | +€2,746 | +2,627% |
| Trade receivables | 40 | - | €2,745 | +€2,745 | |
| Other amounts receivable | 41 | €105 | €105 | +€1 | +0.6% |
| Cash at bank and in hand | 54/58 | €32,196 | €50,588 | +€18,392 | +57.1% |
| Deferred charges and accrued income | 490/1 | €12,698 | €12,286 | -€412 | -3.2% |
| Total equity and liabilities | 10/49 | €363,643 | €355,650 | -€7,993 | -2.2% |
| Equity | 10/15 | €2,257 | -€11,138 | -€13,395 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,743 | -€51,138 | -€13,395 | -35.5% |
| Amounts payable | 17/49 | €361,386 | €366,789 | +€5,402 | +1.5% |
| Amounts payable after more than one year | 17 | €77,758 | €45,320 | -€32,437 | -41.7% |
| Financial debts | 170/4 | €77,758 | €45,320 | -€32,437 | -41.7% |
| Amounts payable within one year | 42/48 | €283,629 | €320,279 | +€36,651 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €52,886 | €36,460 | -€16,426 | -31.1% |
| Financial debts | 43 | €20,194 | €19,979 | -€215 | -1.1% |
| Credit institutions | 430/8 | €20,194 | €19,979 | -€215 | -1.1% |
| Trade debts | 44 | €179,885 | €232,377 | +€52,492 | +29.2% |
| Suppliers | 440/4 | €179,885 | €232,377 | +€52,492 | +29.2% |
| Taxes, remuneration and social security | 45 | €28,903 | €27,479 | -€1,425 | -4.9% |
| Taxes | 450/3 | €6,772 | €12,168 | +€5,396 | +79.7% |
| Remuneration and social security | 454/9 | €22,131 | €15,311 | -€6,820 | -30.8% |
| Other amounts payable | 47/48 | €1,761 | €3,985 | +€2,224 | +126% |
| Accrued charges and deferred income | 492/3 | - | €1,189 | +€1,189 | |
| Remuneration, social security and pensions | 62 | €238,381 | €186,092 | -€52,289 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,030 | €31,485 | -€545 | -1.7% |
| Other operating charges | 640/8 | €8,284 | €8,543 | +€259 | +3.1% |
| Gross operating margin | 9900 | €256,360 | €229,633 | -€26,727 | -10.4% |
| Operating profit (loss) | 9901 | -€22,334 | €3,513 | +€25,847 | |
| Financial income | 75/76B | €245 | €1,491 | +€1,246 | +508% |
| Recurring financial income | 75 | €245 | €1,491 | +€1,246 | +508% |
| Financial charges | 65/66B | €15,526 | €18,267 | +€2,742 | +17.7% |
| Recurring financial charges | 65 | €15,526 | €18,267 | +€2,742 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,615 | -€13,263 | +€24,352 | +64.7% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€37,743 | -€13,395 | +€24,348 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,743 | -€13,395 | +€24,348 | +64.5% |
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 17 October 2026 via checked.be.