ANNA & REINOUD: what changed
ANNA & REINOUD
Largest movements
- Tangible fixed assets +€39,305
new in 2025: €39,305
- Cash -€14,434
down €14,434 (-48.1%), from €29,983 to €15,549
mainly Investment in fixed assets (net) (-€41,741) and Receivables within one year (-€11,831)
- Receivables within one year +€11,831
up €11,831 (+294%), from €4,021 to €15,852
- Other debts +€18,102
up €18,102 (+337%), from €5,379 to €23,481
- Profit (loss) carried forward +€14,968
up €14,968, from -€8,639 to €6,329
- Tax, wage and social debts +€3,601
up €3,601 (+168%), from €2,143 to €5,744
- Gross operating margin +€13,260
up €13,260 (+132%), from €10,054 to €23,314
- Taxes +€3,793
up €3,793 (+190%), from €1,996 to €5,789
- Depreciation +€736
up €736 (+43.3%), from €1,700 to €2,436
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,004 | €70,706 | +€36,702 | +108% |
| Fixed assets | 21/28 | - | €39,305 | +€39,305 | |
| Tangible fixed assets | 22/27 | - | €39,305 | +€39,305 | |
| Other tangible fixed assets | 26 | - | €39,305 | +€39,305 | |
| Current assets | 29/58 | €34,004 | €31,401 | -€2,603 | -7.7% |
| Amounts receivable within one year | 40/41 | €4,021 | €15,852 | +€11,831 | +294% |
| Trade receivables | 40 | €4,021 | €15,852 | +€11,831 | +294% |
| Cash at bank and in hand | 54/58 | €29,983 | €15,549 | -€14,434 | -48.1% |
| Total equity and liabilities | 10/49 | €34,004 | €70,706 | +€36,702 | +108% |
| Equity | 10/15 | €894 | €15,862 | +€14,968 | +1,674% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,533 | €8,533 | = | 0.0% |
| Distributable reserves | 133 | €8,533 | €8,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,639 | €6,329 | +€14,968 | |
| Amounts payable | 17/49 | €33,110 | €54,844 | +€21,734 | +65.6% |
| Amounts payable after more than one year | 17 | €24,000 | €24,000 | = | 0.0% |
| Other amounts payable | 178/9 | €24,000 | €24,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,110 | €30,844 | +€21,734 | +239% |
| Trade debts | 44 | €1,588 | €1,619 | +€31 | +2.0% |
| Suppliers | 440/4 | €1,588 | €1,619 | +€31 | +2.0% |
| Taxes, remuneration and social security | 45 | €2,143 | €5,744 | +€3,601 | +168% |
| Taxes | 450/3 | €2,143 | €5,744 | +€3,601 | +168% |
| Other amounts payable | 47/48 | €5,379 | €23,481 | +€18,102 | +337% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,700 | €2,436 | +€736 | +43.3% |
| Other operating charges | 640/8 | €67 | €75 | +€8 | +11.9% |
| Gross operating margin | 9900 | €10,054 | €23,314 | +€13,260 | +132% |
| Operating profit (loss) | 9901 | €8,287 | €20,803 | +€12,516 | +151% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €8,241 | €20,757 | +€12,516 | +152% |
| Income taxes | 67/77 | €1,996 | €5,789 | +€3,793 | +190% |
| Profit (loss) for the period | 9904 | €6,245 | €14,968 | +€8,723 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €6,245 | €14,968 | +€8,723 | +140% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.