Anjowo+: 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.
Anjowo+
Largest movements
- Current investments -€161,000
down €161,000 (-52.4%), from €307,000 to €146,000
- Receivables within one year +€33,246
up €33,246 (+189.2%), from €17,575 to €50,821
of which Other amounts receivable: +€28,653
- Cash +€31,786
up €31,786 (+120.1%), from €26,464 to €58,250
mainly Current investments (+€161,000) and Net result for the year (+€76,710)
- Receivables after one year +€11,663
new in 2025: €11,663
- Profit (loss) carried forward -€89,790
down €89,790 (-45.7%), from €196,313 to €106,524
- Other debts +€30,762
up €30,762 (+21.6%), from €142,502 to €173,264
- Tax, wage and social debts -€27,594
down €27,594 (-83.5%), from €33,043 to €5,449
- Gross operating margin -€50,724
down €50,724 (-32.0%), from €158,641 to €107,916
- Taxes -€19,185
down €19,185 (-48.3%), from €39,686 to €20,501
- Depreciation +€12,468
up €12,468 (+1010.0%), from €1,234 to €13,702
- Financial income -€4,059
down €4,059 (-50.1%), from €8,095 to €4,036
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 | €378,975 | €292,580 | -€86,395 | -22.8% |
| Fixed assets | 21/28 | €16,511 | €15,228 | -€1,283 | -7.8% |
| Tangible fixed assets | 22/27 | €16,236 | €14,953 | -€1,283 | -7.9% |
| Furniture and vehicles | 24 | €16,236 | €14,953 | -€1,283 | -7.9% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €362,464 | €277,351 | -€85,112 | -23.5% |
| Amounts receivable after more than one year | 29 | - | €11,663 | +€11,663 | |
| Other amounts receivable | 291 | - | €11,663 | +€11,663 | |
| Stocks and contracts in progress | 3 | €11,425 | €7,925 | -€3,500 | -30.6% |
| Stocks | 30/36 | €11,425 | €7,925 | -€3,500 | -30.6% |
| Amounts receivable within one year | 40/41 | €17,575 | €50,821 | +€33,246 | +189.2% |
| Trade receivables | 40 | €17,261 | €21,854 | +€4,593 | +26.6% |
| Other amounts receivable | 41 | €314 | €28,967 | +€28,653 | +9127.5% |
| Current investments | 50/53 | €307,000 | €146,000 | -€161,000 | -52.4% |
| Cash at bank and in hand | 54/58 | €26,464 | €58,250 | +€31,786 | +120.1% |
| Deferred charges and accrued income | 490/1 | - | €2,693 | +€2,693 | |
| Total equity and liabilities | 10/49 | €378,975 | €292,580 | -€86,395 | -22.8% |
| Equity | 10/15 | €201,313 | €111,524 | -€89,790 | -44.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,313 | €106,524 | -€89,790 | -45.7% |
| Amounts payable | 17/49 | €177,661 | €181,056 | +€3,395 | +1.9% |
| Amounts payable within one year | 42/48 | €177,661 | €181,056 | +€3,395 | +1.9% |
| Trade debts | 44 | €2,116 | €2,343 | +€227 | +10.7% |
| Suppliers | 440/4 | €2,116 | €2,343 | +€227 | +10.7% |
| Taxes, remuneration and social security | 45 | €33,043 | €5,449 | -€27,594 | -83.5% |
| Taxes | 450/3 | €33,043 | €5,449 | -€27,594 | -83.5% |
| Other amounts payable | 47/48 | €142,502 | €173,264 | +€30,762 | +21.6% |
| Non-recurring operating income | 76A | - | €1,092 | +€1,092 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,234 | €13,702 | +€12,468 | +1010.0% |
| Other operating charges | 640/8 | €751 | €889 | +€138 | +18.3% |
| Gross operating margin | 9900 | €158,641 | €107,916 | -€50,724 | -32.0% |
| Operating profit (loss) | 9901 | €156,655 | €93,325 | -€63,330 | -40.4% |
| Financial income | 75/76B | €8,095 | €4,036 | -€4,059 | -50.1% |
| Recurring financial income | 75 | €8,095 | €4,036 | -€4,059 | -50.1% |
| Financial charges | 65/66B | €175 | €149 | -€26 | -14.8% |
| Recurring financial charges | 65 | €175 | €149 | -€26 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €164,575 | €97,211 | -€67,364 | -40.9% |
| Income taxes | 67/77 | €39,686 | €20,501 | -€19,185 | -48.3% |
| Profit (loss) for the period | 9904 | €124,889 | €76,710 | -€48,178 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €124,889 | €76,710 | -€48,178 | -38.6% |
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 12 October 2026 via checked.be.