Annaben: 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.
Annaben
Largest movements
- Receivables within one year +€94,496
up €94,496 (+99.9%), from €94,632 to €189,129
of which Other amounts receivable: +€69,185
- Cash +€14,294
new in 2025: €14,294
mainly Net result for the year (+€67,537) and Advances received (+€26,381)
- Tangible fixed assets -€4,224
down €4,224 (-36.5%), from €11,568 to €7,344
- Reserves +€67,537
up €67,537 (+157%), from €42,956 to €110,493
- Advances received +€26,381
new in 2025: €26,381
- Tax, wage and social debts +€16,357
up €16,357 (+37.4%), from €43,699 to €60,056
- Trade debts -€4,295
down €4,295 (-36.0%), from €11,935 to €7,640
- Gross operating margin +€16,939
up €16,939 (+18.5%), from €91,451 to €108,390
- Taxes +€8,563
up €8,563 (+28.6%), from €29,890 to €38,453
- Financial income +€3,561
up €3,561 (+162%), from €2,192 to €5,753
- Financial charges -€1,170
down €1,170 (-48.1%), from €2,432 to €1,262
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 | €106,201 | €210,767 | +€104,566 | +98.5% |
| Fixed assets | 21/28 | €11,568 | €7,344 | -€4,224 | -36.5% |
| Tangible fixed assets | 22/27 | €11,568 | €7,344 | -€4,224 | -36.5% |
| Furniture and vehicles | 24 | €11,568 | €7,344 | -€4,224 | -36.5% |
| Current assets | 29/58 | €94,632 | €203,423 | +€108,791 | +115% |
| Amounts receivable within one year | 40/41 | €94,632 | €189,129 | +€94,496 | +99.9% |
| Trade receivables | 40 | €18,852 | €44,163 | +€25,311 | +134% |
| Other amounts receivable | 41 | €75,781 | €144,966 | +€69,185 | +91.3% |
| Cash at bank and in hand | 54/58 | - | €14,294 | +€14,294 | |
| Total equity and liabilities | 10/49 | €106,201 | €210,767 | +€104,566 | +98.5% |
| Equity | 10/15 | €49,153 | €116,691 | +€67,537 | +137% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €42,956 | €110,493 | +€67,537 | +157% |
| Distributable reserves | 133 | €42,956 | €110,493 | +€67,537 | +157% |
| Amounts payable | 17/49 | €57,047 | €94,076 | +€37,029 | +64.9% |
| Amounts payable within one year | 42/48 | €57,047 | €94,076 | +€37,029 | +64.9% |
| Financial debts | 43 | €1,413 | - | -€1,413 | |
| Credit institutions | 430/8 | €1,413 | - | -€1,413 | |
| Trade debts | 44 | €11,935 | €7,640 | -€4,295 | -36.0% |
| Suppliers | 440/4 | €11,935 | €7,640 | -€4,295 | -36.0% |
| Advances received on contracts in progress | 46 | - | €26,381 | +€26,381 | |
| Taxes, remuneration and social security | 45 | €43,699 | €60,056 | +€16,357 | +37.4% |
| Taxes | 450/3 | €43,699 | €60,056 | +€16,357 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,069 | €6,024 | -€45 | -0.7% |
| Other operating charges | 640/8 | €610 | €867 | +€257 | +42.1% |
| Gross operating margin | 9900 | €91,451 | €108,390 | +€16,939 | +18.5% |
| Operating profit (loss) | 9901 | €84,772 | €101,499 | +€16,727 | +19.7% |
| Financial income | 75/76B | €2,192 | €5,753 | +€3,561 | +162% |
| Recurring financial income | 75 | €2,192 | €5,753 | +€3,561 | +162% |
| Financial charges | 65/66B | €2,432 | €1,262 | -€1,170 | -48.1% |
| Recurring financial charges | 65 | €2,432 | €1,262 | -€1,170 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €84,532 | €105,991 | +€21,459 | +25.4% |
| Income taxes | 67/77 | €29,890 | €38,453 | +€8,563 | +28.6% |
| Profit (loss) for the period | 9904 | €54,641 | €67,537 | +€12,896 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,641 | €67,537 | +€12,896 | +23.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.