ANM François: 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.
ANM François
Largest movements
- Cash +€15,801
up €15,801 (+79.8%), from €19,807 to €35,608
mainly Net result for the year (+€15,824) and Tax, wage and social debts (+€1,327)
- Tangible fixed assets +€753
new in 2025: €753
- Reserves +€27,203
new in 2025: €27,203
- Profit (loss) carried forward -€11,379
no longer reported in 2025 (was €11,379)
- Tax, wage and social debts +€1,327
up €1,327 (+12.3%), from €10,813 to €12,140
of which Taxes: +€1,327
- Trade debts -€534
down €534 (-10.2%), from €5,260 to €4,726
- Gross operating margin +€6,011
up €6,011 (+42.1%), from €14,287 to €20,298
- Taxes +€1,318
up €1,318 (+45.4%), from €2,907 to €4,226
- Financial charges +€241
new in 2025: €241
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 | €30,661 | €47,251 | +€16,590 | +54.1% |
| Fixed assets | 21/28 | - | €753 | +€753 | |
| Tangible fixed assets | 22/27 | - | €753 | +€753 | |
| Furniture and vehicles | 24 | - | €753 | +€753 | |
| Current assets | 29/58 | €30,661 | €46,498 | +€15,837 | +51.7% |
| Amounts receivable within one year | 40/41 | €10,854 | €10,890 | +€36 | +0.3% |
| Trade receivables | 40 | €10,854 | €10,890 | +€36 | +0.3% |
| Cash at bank and in hand | 54/58 | €19,807 | €35,608 | +€15,801 | +79.8% |
| Total equity and liabilities | 10/49 | €30,661 | €47,251 | +€16,590 | +54.1% |
| Equity | 10/15 | €14,379 | €30,203 | +€15,824 | +110% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €27,203 | +€27,203 | |
| Distributable reserves | 133 | - | €27,203 | +€27,203 | |
| Profit (loss) carried forward | 14 | €11,379 | - | -€11,379 | |
| Amounts payable | 17/49 | €16,282 | €17,048 | +€766 | +4.7% |
| Amounts payable within one year | 42/48 | €16,282 | €17,048 | +€766 | +4.7% |
| Trade debts | 44 | €5,260 | €4,726 | -€534 | -10.2% |
| Suppliers | 440/4 | €5,260 | €4,726 | -€534 | -10.2% |
| Taxes, remuneration and social security | 45 | €10,813 | €12,140 | +€1,327 | +12.3% |
| Taxes | 450/3 | €7,813 | €9,140 | +€1,327 | +17.0% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €210 | €183 | -€27 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8 | +€8 | |
| Gross operating margin | 9900 | €14,287 | €20,298 | +€6,011 | +42.1% |
| Operating profit (loss) | 9901 | €14,287 | €20,290 | +€6,004 | +42.0% |
| Financial charges | 65/66B | - | €241 | +€241 | |
| Recurring financial charges | 65 | - | €241 | +€241 | |
| Profit (loss) for the period before taxes | 9903 | €14,287 | €20,050 | +€5,763 | +40.3% |
| Income taxes | 67/77 | €2,907 | €4,226 | +€1,318 | +45.4% |
| Profit (loss) for the period | 9904 | €11,379 | €15,824 | +€4,445 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,379 | €15,824 | +€4,445 | +39.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.