ANL: 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.
What changed
ANL
NACE 46.720, Wholesale of motor vehicle parts and accessories
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€150,941
2024 · €2.2m-€2.0m
Equity
€4.3m
2024 · €4.2m+€150,941
Cash
€46,316
2024 · €53,553-€7,237
Balance sheet total
€5.7m
2024 · €6.0m-€313,364
Largest movements
Assets
- Receivables after one year -€140,500
down €140,500 (-13.5%), from €1.0m to €899,500
- Receivables within one year -€139,786
down €139,786 (-5.3%), from €2.6m to €2.5m
of which Trade receivables: -€139,500
Equity and liabilities
- Current portion of long-term debt -€184,552
down €184,552 (-48.8%), from €378,558 to €194,006
- Debts after one year -€161,501
down €161,501 (-15.2%), from €1.1m to €904,155
- Reserves +€150,941
up €150,941 (+3.6%), from €4.2m to €4.3m
- Trade debts -€133,738
down €133,738 (-73.2%), from €182,797 to €49,059
Income statement
- Financial income -€2.0m
down €2.0m (-98.9%), from €2.1m to €22,332
of which Non-recurring financial income: -€2.0m
- Gross operating margin +€59,270
up €59,270 (+8.2%), from €723,986 to €783,256
- Write-downs +€33,361
new in 2025: €33,361
- Taxes +€23,463
up €23,463 (+71.5%), from €32,818 to €56,281
- Staff costs -€17,472
down €17,472 (-4.1%), from €424,198 to €406,726
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.
Result 2024
€2.2m
Gross operating margin
+€59,270
Staff costs
+€17,472
Depreciation
-€2,543
Write-downs
-€33,361
Other operating charges
+€10,988
Financial income
-€2.0m
Financial charges
-€14,180
Taxes
-€23,463
Result 2025
€150,941
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.
From operations
+€432,152
Investment
-€93,336
Financing
-€346,053
Cash 2024
€53,553
From operations (derived)
+€432,152
Net result for the year
+€150,941
Depreciation
+€93,858
Receivables after one year
+€140,500
Stocks and contracts
+€15,000
Receivables within one year
+€139,786
Deferred charges and accrued income
+€10,319
Trade debts
-€133,738
Tax, wage and social debts
+€16,233
Accrued charges and deferred income
-€748
Investment (derived)
-€93,336
Investment in fixed assets (net)
-€93,336
Financing
-€346,053
Debts after one year
-€161,501
Current portion of long-term debt
-€184,552
Cash 2025
€46,316
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,977,919 | €5,664,555 | -€313,364 | -5.2% |
| Fixed assets | 21/28 | €2,147,411 | €2,146,889 | -€522 | 0.0% |
| Tangible fixed assets | 22/27 | €2,145,187 | €2,144,665 | -€522 | 0.0% |
| Land and buildings | 22 | €2,027,850 | €2,062,821 | +€34,971 | +1.7% |
| Plant, machinery and equipment | 23 | €75,589 | €51,308 | -€24,280 | -32.1% |
| Furniture and vehicles | 24 | €41,748 | €30,536 | -€11,213 | -26.9% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €2,224 | €2,224 | = | 0.0% |
| Current assets | 29/58 | €3,830,508 | €3,517,665 | -€312,842 | -8.2% |
| Amounts receivable after more than one year | 29 | €1,040,000 | €899,500 | -€140,500 | -13.5% |
| Other amounts receivable | 291 | €1,040,000 | €899,500 | -€140,500 | -13.5% |
| Stocks and contracts in progress | 3 | €100,000 | €85,000 | -€15,000 | -15.0% |
| Stocks | 30/36 | €100,000 | €85,000 | -€15,000 | -15.0% |
| Amounts receivable within one year | 40/41 | €2,625,871 | €2,486,085 | -€139,786 | -5.3% |
| Trade receivables | 40 | €1,175,696 | €1,036,196 | -€139,500 | -11.9% |
| Other amounts receivable | 41 | €1,450,175 | €1,449,888 | -€287 | 0.0% |
| Cash at bank and in hand | 54/58 | €53,553 | €46,316 | -€7,237 | -13.5% |
| Deferred charges and accrued income | 490/1 | €11,084 | €765 | -€10,319 | -93.1% |
| Total equity and liabilities | 10/49 | €5,977,919 | €5,664,555 | -€313,364 | -5.2% |
| Equity | 10/15 | €4,195,112 | €4,346,054 | +€150,941 | +3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,182,712 | €4,333,654 | +€150,941 | +3.6% |
| Distributable reserves | 133 | €4,182,712 | €4,333,654 | +€150,941 | +3.6% |
| Amounts payable | 17/49 | €1,782,807 | €1,318,501 | -€464,306 | -26.0% |
| Amounts payable after more than one year | 17 | €1,065,655 | €904,155 | -€161,501 | -15.2% |
| Financial debts | 170/4 | €1,065,655 | €904,155 | -€161,501 | -15.2% |
| Amounts payable within one year | 42/48 | €663,752 | €361,696 | -€302,057 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €378,558 | €194,006 | -€184,552 | -48.8% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €182,797 | €49,059 | -€133,738 | -73.2% |
| Suppliers | 440/4 | €182,797 | €49,059 | -€133,738 | -73.2% |
| Taxes, remuneration and social security | 45 | €102,398 | €118,631 | +€16,233 | +15.9% |
| Taxes | 450/3 | €67,376 | €91,952 | +€24,576 | +36.5% |
| Remuneration and social security | 454/9 | €35,022 | €26,679 | -€8,342 | -23.8% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €53,399 | €52,651 | -€748 | -1.4% |
| Non-recurring operating income | 76A | €577 | €2,401 | +€1,825 | +316.5% |
| Remuneration, social security and pensions | 62 | €424,198 | €406,726 | -€17,472 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,315 | €93,858 | +€2,543 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €33,361 | +€33,361 | |
| Other operating charges | 640/8 | €14,185 | €3,197 | -€10,988 | -77.5% |
| Gross operating margin | 9900 | €723,986 | €783,256 | +€59,270 | +8.2% |
| Operating profit (loss) | 9901 | €194,287 | €246,114 | +€51,826 | +26.7% |
| Financial income | 75/76B | €2,054,514 | €22,332 | -€2.0m | -98.9% |
| Recurring financial income | 75 | €69,679 | €22,332 | -€47,347 | -68.0% |
| Non-recurring financial income | 76B | €1,984,835 | - | -€2.0m | |
| Financial charges | 65/66B | €47,043 | €61,224 | +€14,180 | +30.1% |
| Recurring financial charges | 65 | €47,043 | €61,224 | +€14,180 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €2,201,758 | €207,222 | -€2.0m | -90.6% |
| Income taxes | 67/77 | €32,818 | €56,281 | +€23,463 | +71.5% |
| Profit (loss) for the period | 9904 | €2,168,940 | €150,941 | -€2.0m | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,168,940 | €150,941 | -€2.0m | -93.0% |
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 8 October 2026 via checked.be.