ANMAC: 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.
ANMAC
Largest movements
- Receivables within one year +€9,083
up €9,083 (+7.3%), from €124,969 to €134,052
of which Trade receivables: +€5,148
- Cash -€5,353
down €5,353 (-46.0%), from €11,649 to €6,296
mainly Receivables within one year (-€9,083) and Tax, wage and social debts (-€1,748)
- Tangible fixed assets -€2,305
down €2,305 (-47.8%), from €4,828 to €2,522
of which Furniture and vehicles: -€2,373
- Reserves +€4,842
up €4,842 (+7.6%), from €63,376 to €68,218
of which Distributable reserves: +€4,842
- Tax, wage and social debts -€1,748
down €1,748 (-28.9%), from €6,050 to €4,302
- Accrued charges and deferred income -€1,693
no longer reported in 2025 (was €1,693)
- Gross operating margin -€2,164
down €2,164 (-15.2%), from €14,211 to €12,047
- Other operating charges -€1,024
down €1,024 (-59.4%), from €1,724 to €700
- Depreciation +€652
up €652 (+23.0%), from €2,831 to €3,482
- Taxes -€613
down €613 (-13.5%), from €4,527 to €3,914
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 | €142,257 | €144,994 | +€2,738 | +1.9% |
| Fixed assets | 21/28 | €4,828 | €2,522 | -€2,305 | -47.8% |
| Tangible fixed assets | 22/27 | €4,828 | €2,522 | -€2,305 | -47.8% |
| Plant, machinery and equipment | 23 | €1,348 | €1,415 | +€68 | +5.0% |
| Furniture and vehicles | 24 | €3,480 | €1,107 | -€2,373 | -68.2% |
| Current assets | 29/58 | €137,429 | €142,472 | +€5,043 | +3.7% |
| Amounts receivable within one year | 40/41 | €124,969 | €134,052 | +€9,083 | +7.3% |
| Trade receivables | 40 | €47,717 | €52,865 | +€5,148 | +10.8% |
| Other amounts receivable | 41 | €77,253 | €81,188 | +€3,935 | +5.1% |
| Cash at bank and in hand | 54/58 | €11,649 | €6,296 | -€5,353 | -46.0% |
| Deferred charges and accrued income | 490/1 | €810 | €2,124 | +€1,314 | +162% |
| Total equity and liabilities | 10/49 | €142,257 | €144,994 | +€2,738 | +1.9% |
| Equity | 10/15 | €69,586 | €74,428 | +€4,842 | +7.0% |
| Contributions | 10/11 | €6,210 | €6,210 | = | 0.0% |
| Reserves | 13 | €63,376 | €68,218 | +€4,842 | +7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €61,516 | €66,358 | +€4,842 | +7.9% |
| Amounts payable | 17/49 | €72,671 | €70,566 | -€2,104 | -2.9% |
| Amounts payable within one year | 42/48 | €70,977 | €70,566 | -€411 | -0.6% |
| Trade debts | 44 | €30,921 | €32,073 | +€1,152 | +3.7% |
| Suppliers | 440/4 | €30,921 | €32,073 | +€1,152 | +3.7% |
| Taxes, remuneration and social security | 45 | €6,050 | €4,302 | -€1,748 | -28.9% |
| Taxes | 450/3 | €6,050 | €4,302 | -€1,748 | -28.9% |
| Other amounts payable | 47/48 | €34,006 | €34,191 | +€185 | +0.5% |
| Accrued charges and deferred income | 492/3 | €1,693 | - | -€1,693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,831 | €3,482 | +€652 | +23.0% |
| Other operating charges | 640/8 | €1,724 | €700 | -€1,024 | -59.4% |
| Gross operating margin | 9900 | €14,211 | €12,047 | -€2,164 | -15.2% |
| Operating profit (loss) | 9901 | €9,656 | €7,864 | -€1,792 | -18.6% |
| Financial income | 75/76B | €1,968 | €2,033 | +€65 | +3.3% |
| Recurring financial income | 75 | €1,968 | €2,033 | +€65 | +3.3% |
| Financial charges | 65/66B | €1,260 | €1,141 | -€119 | -9.4% |
| Recurring financial charges | 65 | €1,260 | €1,141 | -€119 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €10,364 | €8,756 | -€1,608 | -15.5% |
| Income taxes | 67/77 | €4,527 | €3,914 | -€613 | -13.5% |
| Profit (loss) for the period | 9904 | €5,837 | €4,842 | -€995 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,837 | €4,842 | -€995 | -17.0% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.