ANJORA: 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.
ANJORA
Largest movements
- Receivables within one year +€394,092
up €394,092 (+394.1%), from €100,000 to €494,092
- Cash +€40,110
up €40,110 (+10.6%), from €378,708 to €418,818
mainly Net result for the year (+€711,209) and Other debts (+€375,600)
- Other debts +€375,600
up €375,600 (+92.3%), from €406,984 to €782,584
- Tax, wage and social debts +€51,641
up €51,641 (+80.6%), from €64,098 to €115,739
- Gross operating margin -€309,322
down €309,322 (-24.5%), from €1.3m to €952,681
- Taxes -€75,474
down €75,474 (-24.3%), from €310,955 to €235,481
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 | €490,430 | €917,721 | +€427,291 | +87.1% |
| Fixed assets | 21/28 | €10,275 | €3,425 | -€6,850 | -66.7% |
| Tangible fixed assets | 22/27 | €10,275 | €3,425 | -€6,850 | -66.7% |
| Furniture and vehicles | 24 | €10,275 | €3,425 | -€6,850 | -66.7% |
| Current assets | 29/58 | €480,155 | €914,296 | +€434,141 | +90.4% |
| Amounts receivable within one year | 40/41 | €100,000 | €494,092 | +€394,092 | +394.1% |
| Trade receivables | 40 | €100,000 | €494,092 | +€394,092 | +394.1% |
| Cash at bank and in hand | 54/58 | €378,708 | €418,818 | +€40,110 | +10.6% |
| Deferred charges and accrued income | 490/1 | €1,447 | €1,387 | -€60 | -4.2% |
| Total equity and liabilities | 10/49 | €490,430 | €917,721 | +€427,291 | +87.1% |
| Equity | 10/15 | €19,118 | €19,328 | +€210 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €518 | €728 | +€210 | +40.5% |
| Amounts payable | 17/49 | €471,312 | €898,393 | +€427,081 | +90.6% |
| Amounts payable within one year | 42/48 | €471,312 | €898,393 | +€427,081 | +90.6% |
| Trade debts | 44 | €230 | €71 | -€159 | -69.1% |
| Suppliers | 440/4 | €230 | €71 | -€159 | -69.1% |
| Taxes, remuneration and social security | 45 | €64,098 | €115,739 | +€51,641 | +80.6% |
| Taxes | 450/3 | €64,098 | €115,739 | +€51,641 | +80.6% |
| Other amounts payable | 47/48 | €406,984 | €782,584 | +€375,600 | +92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,850 | €6,850 | +€0 | 0.0% |
| Other operating charges | 640/8 | €669 | €692 | +€23 | +3.5% |
| Gross operating margin | 9900 | €1,262,003 | €952,681 | -€309,322 | -24.5% |
| Operating profit (loss) | 9901 | €1,254,484 | €945,138 | -€309,346 | -24.7% |
| Financial income | 75/76B | €951 | €1,595 | +€644 | +67.7% |
| Recurring financial income | 75 | €951 | €1,595 | +€644 | +67.7% |
| Financial charges | 65/66B | €115 | €43 | -€72 | -63.0% |
| Recurring financial charges | 65 | €115 | €43 | -€72 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | €1,255,320 | €946,691 | -€308,629 | -24.6% |
| Income taxes | 67/77 | €310,955 | €235,481 | -€75,474 | -24.3% |
| Profit (loss) for the period | 9904 | €944,365 | €711,209 | -€233,156 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €944,365 | €711,209 | -€233,156 | -24.7% |
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 6 October 2026 via checked.be.