ANJ: 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.
ANJ
Largest movements
- Cash -€2,390
down €2,390 (-64.8%), from €3,687 to €1,297
mainly Net result for the year (-€18,061) and Trade debts (-€1,115)
- Financial fixed assets -€969
no longer reported in 2025 (was €969)
- Receivables within one year -€754
down €754 (-78.6%), from €960 to €205
- Profit (loss) carried forward -€18,061
down €18,061 (-15.5%), from -€116,373 to -€134,434
- Other debts +€15,062
up €15,062 (+185.9%), from €8,103 to €23,165
- Trade debts -€1,115
no longer reported in 2025 (was €1,115)
- Gross operating margin +€32,712
up €32,712 (+65.0%), from -€50,301 to -€17,589
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 | €5,616 | €1,502 | -€4,114 | -73.2% |
| Fixed assets | 21/28 | €969 | - | -€969 | |
| Financial fixed assets | 28 | €969 | - | -€969 | |
| Current assets | 29/58 | €4,647 | €1,502 | -€3,144 | -67.7% |
| Amounts receivable within one year | 40/41 | €960 | €205 | -€754 | -78.6% |
| Other amounts receivable | 41 | €960 | €205 | -€754 | -78.6% |
| Cash at bank and in hand | 54/58 | €3,687 | €1,297 | -€2,390 | -64.8% |
| Total equity and liabilities | 10/49 | €5,616 | €1,502 | -€4,114 | -73.2% |
| Equity | 10/15 | -€20,701 | -€38,762 | -€18,061 | -87.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,072 | €77,072 | = | 0.0% |
| Distributable reserves | 133 | €77,072 | €77,072 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,373 | -€134,434 | -€18,061 | -15.5% |
| Provisions and deferred taxes | 16 | €17,100 | €17,100 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €17,100 | €17,100 | = | 0.0% |
| Pensions and similar obligations | 160 | €17,100 | €17,100 | = | 0.0% |
| Amounts payable | 17/49 | €9,218 | €23,165 | +€13,947 | +151.3% |
| Amounts payable within one year | 42/48 | €9,218 | €23,165 | +€13,947 | +151.3% |
| Trade debts | 44 | €1,115 | - | -€1,115 | |
| Suppliers | 440/4 | €1,115 | - | -€1,115 | |
| Other amounts payable | 47/48 | €8,103 | €23,165 | +€15,062 | +185.9% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | -€50,301 | -€17,589 | +€32,712 | +65.0% |
| Operating profit (loss) | 9901 | -€51,073 | -€17,989 | +€33,084 | +64.8% |
| Financial charges | 65/66B | €74 | €72 | -€2 | -2.7% |
| Recurring financial charges | 65 | €74 | €72 | -€2 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€51,147 | -€18,061 | +€33,086 | +64.7% |
| Income taxes | 67/77 | €114 | - | -€114 | |
| Profit (loss) for the period | 9904 | -€51,261 | -€18,061 | +€33,200 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,261 | -€18,061 | +€33,200 | +64.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.