ANJAN: 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.
ANJAN
Largest movements
- Stocks and contracts -€134,308
down €134,308 (-68.8%), from €195,345 to €61,037
- Receivables within one year -€29,744
down €29,744 (-98.9%), from €30,072 to €328
- Tangible fixed assets -€19,559
down €19,559 (-5.6%), from €350,887 to €331,327
of which Land and buildings: -€11,595
- Cash -€10,515
down €10,515 (-80.9%), from €12,992 to €2,477
mainly Debts after one year (-€105,999) and Trade debts (-€50,130)
- Debts after one year -€105,999
down €105,999 (-13.2%), from €800,298 to €694,299
of which Other amounts payable: -€100,000
- Trade debts -€50,130
down €50,130 (-87.5%), from €57,292 to €7,162
- Profit (loss) carried forward -€22,421
down €22,421 (-7.2%), from -€313,388 to -€335,809
- Accrued charges and deferred income -€6,867
down €6,867 (-100.0%), from €6,867 to €0
- Other debts -€6,545
down €6,545 (-85.5%), from €7,658 to €1,113
- Gross operating margin +€33,167
up €33,167 (+85.6%), from €38,739 to €71,906
- Depreciation +€7,308
up €7,308 (+59.6%), from €12,252 to €19,559
- Other operating charges -€6,322
down €6,322 (-54.5%), from €11,608 to €5,286
- Financial charges -€4,472
down €4,472 (-42.2%), from €10,604 to €6,132
- Staff costs +€3,849
up €3,849 (+6.3%), from €60,805 to €64,654
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 | €607,321 | €413,764 | -€193,557 | -31.9% |
| Fixed assets | 21/28 | €368,912 | €349,353 | -€19,559 | -5.3% |
| Tangible fixed assets | 22/27 | €350,887 | €331,327 | -€19,559 | -5.6% |
| Land and buildings | 22 | €312,655 | €301,060 | -€11,595 | -3.7% |
| Leasing and similar rights | 25 | €38,232 | €30,268 | -€7,964 | -20.8% |
| Financial fixed assets | 28 | €18,026 | €18,026 | = | 0.0% |
| Current assets | 29/58 | €238,409 | €64,411 | -€173,998 | -73.0% |
| Stocks and contracts in progress | 3 | €195,345 | €61,037 | -€134,308 | -68.8% |
| Stocks | 30/36 | €195,345 | €61,037 | -€134,308 | -68.8% |
| Amounts receivable within one year | 40/41 | €30,072 | €328 | -€29,744 | -98.9% |
| Trade receivables | 40 | €30,072 | €328 | -€29,744 | -98.9% |
| Cash at bank and in hand | 54/58 | €12,992 | €2,477 | -€10,515 | -80.9% |
| Deferred charges and accrued income | 490/1 | €0 | €570 | +€570 | |
| Total equity and liabilities | 10/49 | €607,321 | €413,764 | -€193,557 | -31.9% |
| Equity | 10/15 | -€307,188 | -€329,609 | -€22,421 | -7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€313,388 | -€335,809 | -€22,421 | -7.2% |
| Amounts payable | 17/49 | €914,509 | €743,373 | -€171,136 | -18.7% |
| Amounts payable after more than one year | 17 | €800,298 | €694,299 | -€105,999 | -13.2% |
| Financial debts | 170/4 | €25,298 | €19,299 | -€5,999 | -23.7% |
| Other amounts payable | 178/9 | €775,000 | €675,000 | -€100,000 | -12.9% |
| Amounts payable within one year | 42/48 | €107,344 | €49,074 | -€58,270 | -54.3% |
| Current portion of amounts payable after more than one year | 42 | €5,618 | €5,999 | +€381 | +6.8% |
| Financial debts | 43 | - | €120 | +€120 | |
| Credit institutions | 430/8 | - | €120 | +€120 | |
| Trade debts | 44 | €57,292 | €7,162 | -€50,130 | -87.5% |
| Suppliers | 440/4 | €57,292 | €7,162 | -€50,130 | -87.5% |
| Taxes, remuneration and social security | 45 | €36,776 | €34,681 | -€2,096 | -5.7% |
| Taxes | 450/3 | €32,991 | €26,859 | -€6,132 | -18.6% |
| Remuneration and social security | 454/9 | €3,785 | €7,822 | +€4,037 | +106.6% |
| Other amounts payable | 47/48 | €7,658 | €1,113 | -€6,545 | -85.5% |
| Accrued charges and deferred income | 492/3 | €6,867 | €0 | -€6,867 | -100.0% |
| Remuneration, social security and pensions | 62 | €60,805 | €64,654 | +€3,849 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,252 | €19,559 | +€7,308 | +59.6% |
| Other operating charges | 640/8 | €11,608 | €5,286 | -€6,322 | -54.5% |
| Gross operating margin | 9900 | €38,739 | €71,906 | +€33,167 | +85.6% |
| Operating profit (loss) | 9901 | -€45,925 | -€17,594 | +€28,331 | +61.7% |
| Financial income | 75/76B | €563 | €1,446 | +€882 | +156.6% |
| Recurring financial income | 75 | €563 | €1,446 | +€882 | +156.6% |
| Financial charges | 65/66B | €10,604 | €6,132 | -€4,472 | -42.2% |
| Recurring financial charges | 65 | €10,604 | €6,132 | -€4,472 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | -€55,966 | -€22,280 | +€33,686 | +60.2% |
| Income taxes | 67/77 | €175 | €141 | -€33 | -19.1% |
| Profit (loss) for the period | 9904 | -€56,141 | -€22,421 | +€33,719 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,141 | -€22,421 | +€33,719 | +60.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.