ANNABELCO: 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.
ANNABELCO
Largest movements
- Receivables within one year -€4,050
down €4,050 (-100.0%), from €4,050 to €0
- Deferred charges and accrued income +€2,275
up €2,275 (+147.6%), from €1,542 to €3,817
- Tangible fixed assets -€1,947
down €1,947 (-2.0%), from €99,464 to €97,517
of which Land and buildings: -€1,947
- Cash +€1,430
up €1,430 (+31.2%), from €4,579 to €6,009
mainly Receivables within one year (+€4,050) and Depreciation (+€1,947)
- Profit (loss) carried forward -€1,677
down €1,677 (-4.4%), from €38,045 to €36,367
- Accrued charges and deferred income -€1,600
down €1,600 (-100.0%), from €1,600 to €0
- Gross operating margin +€4,665
up €4,665, from -€1,217 to €3,448
- Depreciation -€1,160
down €1,160 (-37.3%), from €3,107 to €1,947
- Other operating charges +€63
up €63 (+2.1%), from €3,061 to €3,124
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,634 | €107,343 | -€2,291 | -2.1% |
| Fixed assets | 21/28 | €99,464 | €97,517 | -€1,947 | -2.0% |
| Tangible fixed assets | 22/27 | €99,464 | €97,517 | -€1,947 | -2.0% |
| Land and buildings | 22 | €81,564 | €79,617 | -€1,947 | -2.4% |
| Furniture and vehicles | 24 | €17,900 | €17,900 | = | 0.0% |
| Current assets | 29/58 | €10,170 | €9,826 | -€344 | -3.4% |
| Amounts receivable within one year | 40/41 | €4,050 | €0 | -€4,050 | -100.0% |
| Trade receivables | 40 | €4,050 | €0 | -€4,050 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,579 | €6,009 | +€1,430 | +31.2% |
| Deferred charges and accrued income | 490/1 | €1,542 | €3,817 | +€2,275 | +147.6% |
| Total equity and liabilities | 10/49 | €109,634 | €107,343 | -€2,291 | -2.1% |
| Equity | 10/15 | €106,245 | €104,567 | -€1,677 | -1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,045 | €36,367 | -€1,677 | -4.4% |
| Amounts payable | 17/49 | €3,390 | €2,776 | -€614 | -18.1% |
| Amounts payable within one year | 42/48 | €1,790 | €2,776 | +€986 | +55.1% |
| Trade debts | 44 | €126 | €1,112 | +€986 | +782.8% |
| Suppliers | 440/4 | €126 | €1,112 | +€986 | +782.8% |
| Other amounts payable | 47/48 | €1,664 | €1,664 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,600 | €0 | -€1,600 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,107 | €1,947 | -€1,160 | -37.3% |
| Other operating charges | 640/8 | €3,061 | €3,124 | +€63 | +2.1% |
| Gross operating margin | 9900 | -€1,217 | €3,448 | +€4,665 | |
| Operating profit (loss) | 9901 | -€7,385 | -€1,623 | +€5,762 | +78.0% |
| Financial charges | 65/66B | €69 | €54 | -€15 | -21.2% |
| Recurring financial charges | 65 | €69 | €54 | -€15 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,454 | -€1,677 | +€5,776 | +77.5% |
| Profit (loss) for the period | 9904 | -€7,454 | -€1,677 | +€5,776 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,454 | -€1,677 | +€5,776 | +77.5% |
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 29 September 2026 via checked.be.