ANJOREMA: 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.
ANJOREMA
Largest movements
- Cash +€30,308
up €30,308 (+51.8%), from €58,515 to €88,823
mainly Net result for the year (+€32,420) and Stocks and contracts (+€11,914)
- Stocks and contracts -€11,914
down €11,914 (-14.1%), from €84,726 to €72,811
- Deferred charges and accrued income +€7,652
up €7,652 (+276.5%), from €2,767 to €10,420
- Tangible fixed assets -€5,107
down €5,107 (-3.9%), from €130,777 to €125,670
of which Land and buildings: -€3,525
- Reserves +€26,420
up €26,420 (+39.8%), from €66,459 to €92,879
- Debts after one year -€10,000
down €10,000 (-15.8%), from €63,333 to €53,333
- Trade debts -€6,973
down €6,973 (-11.2%), from €62,520 to €55,547
- Tax, wage and social debts +€6,816
up €6,816 (+147.3%), from €4,627 to €11,443
of which Taxes: +€4,827
- Other debts +€3,789
up €3,789 (+17.1%), from €22,111 to €25,899
- Gross operating margin +€20,807
up €20,807 (+27.6%), from €75,353 to €96,159
- Taxes +€4,111
up €4,111 (+64.4%), from €6,388 to €10,499
- Depreciation -€2,086
down €2,086 (-29.0%), from €7,193 to €5,107
- Staff costs +€1,701
up €1,701 (+3.9%), from €43,731 to €45,432
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,604 | €302,823 | +€21,218 | +7.5% |
| Fixed assets | 21/28 | €130,777 | €125,670 | -€5,107 | -3.9% |
| Tangible fixed assets | 22/27 | €130,777 | €125,670 | -€5,107 | -3.9% |
| Land and buildings | 22 | €121,800 | €118,275 | -€3,525 | -2.9% |
| Plant, machinery and equipment | 23 | €8,609 | €7,123 | -€1,486 | -17.3% |
| Furniture and vehicles | 24 | €368 | €272 | -€96 | -26.0% |
| Current assets | 29/58 | €150,828 | €177,153 | +€26,326 | +17.5% |
| Stocks and contracts in progress | 3 | €84,726 | €72,811 | -€11,914 | -14.1% |
| Stocks | 30/36 | €84,726 | €72,811 | -€11,914 | -14.1% |
| Amounts receivable within one year | 40/41 | €4,820 | €5,099 | +€279 | +5.8% |
| Trade receivables | 40 | €4,530 | €5,099 | +€570 | +12.6% |
| Other amounts receivable | 41 | €290 | - | -€290 | |
| Cash at bank and in hand | 54/58 | €58,515 | €88,823 | +€30,308 | +51.8% |
| Deferred charges and accrued income | 490/1 | €2,767 | €10,420 | +€7,652 | +276.5% |
| Total equity and liabilities | 10/49 | €281,604 | €302,823 | +€21,218 | +7.5% |
| Equity | 10/15 | €119,014 | €145,434 | +€26,420 | +22.2% |
| Contributions | 10/11 | €52,555 | €52,555 | = | 0.0% |
| Reserves | 13 | €66,459 | €92,879 | +€26,420 | +39.8% |
| Distributable reserves | 133 | €66,459 | €92,879 | +€26,420 | +39.8% |
| Amounts payable | 17/49 | €162,590 | €157,389 | -€5,201 | -3.2% |
| Amounts payable after more than one year | 17 | €63,333 | €53,333 | -€10,000 | -15.8% |
| Financial debts | 170/4 | €63,333 | €53,333 | -€10,000 | -15.8% |
| Amounts payable within one year | 42/48 | €99,258 | €103,887 | +€4,630 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €62,520 | €55,547 | -€6,973 | -11.2% |
| Suppliers | 440/4 | €62,520 | €55,547 | -€6,973 | -11.2% |
| Advances received on contracts in progress | 46 | - | €998 | +€998 | |
| Taxes, remuneration and social security | 45 | €4,627 | €11,443 | +€6,816 | +147.3% |
| Taxes | 450/3 | €3,724 | €8,551 | +€4,827 | +129.6% |
| Remuneration and social security | 454/9 | €903 | €2,892 | +€1,988 | +220.2% |
| Other amounts payable | 47/48 | €22,111 | €25,899 | +€3,789 | +17.1% |
| Accrued charges and deferred income | 492/3 | - | €169 | +€169 | |
| Remuneration, social security and pensions | 62 | €43,731 | €45,432 | +€1,701 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,193 | €5,107 | -€2,086 | -29.0% |
| Other operating charges | 640/8 | €1,396 | €1,332 | -€64 | -4.6% |
| Gross operating margin | 9900 | €75,353 | €96,159 | +€20,807 | +27.6% |
| Operating profit (loss) | 9901 | €23,032 | €44,288 | +€21,256 | +92.3% |
| Financial income | 75/76B | €342 | €255 | -€87 | -25.4% |
| Recurring financial income | 75 | €342 | €255 | -€87 | -25.4% |
| Financial charges | 65/66B | €1,801 | €1,624 | -€177 | -9.8% |
| Recurring financial charges | 65 | €1,801 | €1,624 | -€177 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €21,573 | €42,919 | +€21,346 | +98.9% |
| Income taxes | 67/77 | €6,388 | €10,499 | +€4,111 | +64.4% |
| Profit (loss) for the period | 9904 | €15,185 | €32,420 | +€17,235 | +113.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,185 | €32,420 | +€17,235 | +113.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.