ANJUS: 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.
ANJUS
Largest movements
- Current investments +€200,467
new in 2025: €200,467
- Cash -€172,536
down €172,536 (-77.2%), from €223,406 to €50,871
mainly Current investments (-€200,467) and Contributions, distributions and other (-€46,389)
- Tangible fixed assets -€24,657
down €24,657 (-16.4%), from €150,440 to €125,783
of which Land and buildings: -€23,746
- Other debts +€55,546
up €55,546 (+43.5%), from €127,595 to €183,141
- Debts after one year -€23,343
down €23,343 (-20.5%), from €113,927 to €90,584
- Reserves -€22,360
down €22,360 (-18.9%), from €118,543 to €96,182
of which Distributable reserves: -€22,360
- Accrued charges and deferred income -€10,023
down €10,023 (-76.8%), from €13,059 to €3,036
- Financial charges -€9,843
down €9,843 (-72.3%), from €13,621 to €3,777
- Taxes +€3,823
up €3,823 (+52.1%), from €7,335 to €11,158
- Gross operating margin +€1,958
up €1,958 (+3.2%), from €62,010 to €63,969
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.
Derived cash bridge
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 | €403,912 | €406,706 | +€2,794 | +0.7% |
| Fixed assets | 21/28 | €150,440 | €125,783 | -€24,657 | -16.4% |
| Tangible fixed assets | 22/27 | €150,440 | €125,783 | -€24,657 | -16.4% |
| Land and buildings | 22 | €145,748 | €122,002 | -€23,746 | -16.3% |
| Furniture and vehicles | 24 | €250 | €0 | -€250 | -100% |
| Other tangible fixed assets | 26 | €4,442 | €3,781 | -€661 | -14.9% |
| Current assets | 29/58 | €253,472 | €280,923 | +€27,451 | +10.8% |
| Amounts receivable within one year | 40/41 | €28,870 | €28,872 | +€2 | 0.0% |
| Trade receivables | 40 | €1,710 | €1,710 | = | 0.0% |
| Other amounts receivable | 41 | €27,160 | €27,162 | +€2 | 0.0% |
| Current investments | 50/53 | - | €200,467 | +€200,467 | |
| Cash at bank and in hand | 54/58 | €223,406 | €50,871 | -€172,536 | -77.2% |
| Deferred charges and accrued income | 490/1 | €1,195 | €713 | -€482 | -40.3% |
| Total equity and liabilities | 10/49 | €403,912 | €406,706 | +€2,794 | +0.7% |
| Equity | 10/15 | €124,920 | €102,559 | -€22,360 | -17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,543 | €96,182 | -€22,360 | -18.9% |
| Tax-exempt reserves | 132 | €5,214 | €5,214 | = | 0.0% |
| Distributable reserves | 133 | €113,328 | €90,968 | -€22,360 | -19.7% |
| Profit (loss) carried forward | 14 | €177 | €177 | = | 0.0% |
| Amounts payable | 17/49 | €278,992 | €304,146 | +€25,154 | +9.0% |
| Amounts payable after more than one year | 17 | €113,927 | €90,584 | -€23,343 | -20.5% |
| Financial debts | 170/4 | €113,927 | €90,584 | -€23,343 | -20.5% |
| Amounts payable within one year | 42/48 | €152,006 | €210,526 | +€58,520 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €23,566 | €23,578 | +€13 | +0.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €845 | €3,807 | +€2,962 | +351% |
| Taxes | 450/3 | €845 | €3,807 | +€2,962 | +351% |
| Other amounts payable | 47/48 | €127,595 | €183,141 | +€55,546 | +43.5% |
| Accrued charges and deferred income | 492/3 | €13,059 | €3,036 | -€10,023 | -76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,964 | €24,657 | -€307 | -1.2% |
| Other operating charges | 640/8 | €2,007 | €1,987 | -€20 | -1.0% |
| Gross operating margin | 9900 | €62,010 | €63,969 | +€1,958 | +3.2% |
| Operating profit (loss) | 9901 | €35,040 | €37,324 | +€2,285 | +6.5% |
| Financial income | 75/76B | €1,633 | €1,640 | +€7 | +0.4% |
| Recurring financial income | 75 | €1,633 | €1,640 | +€7 | +0.4% |
| Financial charges | 65/66B | €13,621 | €3,777 | -€9,843 | -72.3% |
| Recurring financial charges | 65 | €13,621 | €3,777 | -€9,843 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | €23,052 | €35,187 | +€12,135 | +52.6% |
| Income taxes | 67/77 | €7,335 | €11,158 | +€3,823 | +52.1% |
| Profit (loss) for the period | 9904 | €15,717 | €24,029 | +€8,312 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,717 | €24,029 | +€8,312 | +52.9% |
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 27 October 2026 via checked.be.