Annabie: 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.
Annabie
Largest movements
- Receivables within one year +€87,525
up €87,525 (+30.5%), from €287,075 to €374,600
of which Other amounts receivable: +€68,656
- Cash -€51,630
down €51,630 (-89.5%), from €57,692 to €6,062
mainly Debts after one year (-€118,792) and Receivables within one year (-€87,525)
- Tangible fixed assets -€49,422
down €49,422 (-2.0%), from €2.4m to €2.4m
of which Land and buildings: -€51,369
- Debts after one year -€118,792
down €118,792 (-9.4%), from €1.3m to €1.1m
of which Financial debts: -€118,792
- Profit (loss) carried forward +€105,691
up €105,691 (+6.6%), from -€1.6m to -€1.5m
- Tax, wage and social debts -€51,810
no longer reported in 2025 (was €51,810)
- Trade debts +€51,577
up €51,577 (+264%), from €19,520 to €71,097
of which Suppliers: +€61,354
- Gross operating margin -€41,082
down €41,082 (-15.9%), from €258,634 to €217,552
- Taxes -€14,185
down €14,185 (-26.3%), from €53,891 to €39,705
- Financial income +€7,970
up €7,970 (+37.0%), from €21,542 to €29,512
- Financial charges +€5,065
up €5,065 (+10.7%), from €47,342 to €52,407
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 | €3,517,095 | €3,503,825 | -€13,269 | -0.4% |
| Fixed assets | 21/28 | €3,172,328 | €3,123,164 | -€49,164 | -1.5% |
| Tangible fixed assets | 22/27 | €2,420,328 | €2,370,906 | -€49,422 | -2.0% |
| Land and buildings | 22 | €2,402,705 | €2,351,336 | -€51,369 | -2.1% |
| Plant, machinery and equipment | 23 | - | €1,947 | +€1,947 | |
| Furniture and vehicles | 24 | €17,622 | €17,622 | = | 0.0% |
| Financial fixed assets | 28 | €752,000 | €752,258 | +€258 | 0.0% |
| Current assets | 29/58 | €344,767 | €380,662 | +€35,895 | +10.4% |
| Amounts receivable within one year | 40/41 | €287,075 | €374,600 | +€87,525 | +30.5% |
| Trade receivables | 40 | €15,162 | €34,031 | +€18,869 | +124% |
| Other amounts receivable | 41 | €271,913 | €340,569 | +€68,656 | +25.2% |
| Cash at bank and in hand | 54/58 | €57,692 | €6,062 | -€51,630 | -89.5% |
| Total equity and liabilities | 10/49 | €3,517,095 | €3,503,825 | -€13,269 | -0.4% |
| Equity | 10/15 | €1,539,196 | €1,631,856 | +€92,660 | +6.0% |
| Contributions | 10/11 | €2,523,699 | €2,523,699 | = | 0.0% |
| Capital | 10 | €2,523,699 | €2,523,699 | = | 0.0% |
| Issued capital | 100 | €2,523,699 | €2,523,699 | = | 0.0% |
| Reserves | 13 | €622,838 | €609,807 | -€13,031 | -2.1% |
| Non-distributable reserves | 130/1 | €135,055 | €135,055 | = | 0.0% |
| Legal reserve | 130 | €135,055 | €135,055 | = | 0.0% |
| Tax-exempt reserves | 132 | €440,040 | €427,009 | -€13,031 | -3.0% |
| Distributable reserves | 133 | €47,743 | €47,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,607,341 | -€1,501,650 | +€105,691 | +6.6% |
| Provisions and deferred taxes | 16 | €146,680 | €142,336 | -€4,344 | -3.0% |
| Deferred taxes | 168 | €146,680 | €142,336 | -€4,344 | -3.0% |
| Amounts payable | 17/49 | €1,831,218 | €1,729,633 | -€101,586 | -5.5% |
| Amounts payable after more than one year | 17 | €1,261,379 | €1,142,587 | -€118,792 | -9.4% |
| Financial debts | 170/4 | €1,211,379 | €1,092,587 | -€118,792 | -9.8% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €569,840 | €587,046 | +€17,207 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €160,304 | €126,835 | -€33,469 | -20.9% |
| Financial debts | 43 | €327,851 | €345,562 | +€17,711 | +5.4% |
| Credit institutions | 430/8 | €327,851 | €345,562 | +€17,711 | +5.4% |
| Trade debts | 44 | €19,520 | €71,097 | +€51,577 | +264% |
| Suppliers | 440/4 | €9,744 | €71,097 | +€61,354 | +630% |
| Bills of exchange payable | 441 | €9,776 | - | -€9,776 | |
| Taxes, remuneration and social security | 45 | €51,810 | - | -€51,810 | |
| Taxes | 450/3 | €51,810 | - | -€51,810 | |
| Other amounts payable | 47/48 | €10,354 | €43,552 | +€33,198 | +321% |
| Non-recurring operating income | 76A | €3,474 | - | -€3,474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,852 | €60,092 | +€1,239 | +2.1% |
| Other operating charges | 640/8 | €6,441 | €6,544 | +€103 | +1.6% |
| Gross operating margin | 9900 | €258,634 | €217,552 | -€41,082 | -15.9% |
| Operating profit (loss) | 9901 | €193,341 | €150,917 | -€42,424 | -21.9% |
| Financial income | 75/76B | €21,542 | €29,512 | +€7,970 | +37.0% |
| Recurring financial income | 75 | €21,542 | €29,512 | +€7,970 | +37.0% |
| Financial charges | 65/66B | €47,342 | €52,407 | +€5,065 | +10.7% |
| Recurring financial charges | 65 | €47,342 | €52,407 | +€5,065 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €167,541 | €128,022 | -€39,520 | -23.6% |
| Transfer from deferred taxes | 780 | €4,344 | €4,344 | = | 0.0% |
| Income taxes | 67/77 | €53,891 | €39,705 | -€14,185 | -26.3% |
| Profit (loss) for the period | 9904 | €117,994 | €92,660 | -€25,334 | -21.5% |
| Transfer from tax-exempt reserves | 789 | €13,031 | €13,031 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €131,025 | €105,691 | -€25,334 | -19.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.