ANNADA IMMO: 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.
ANNADA IMMO
Largest movements
- Tangible fixed assets -€13,037
down €13,037 (-1.9%), from €703,747 to €690,710
of which Land and buildings: -€18,155
- Profit (loss) carried forward -€16,010
down €16,010 (-50.9%), from -€31,431 to -€47,441
- Gross operating margin +€31,267
up €31,267 (+320%), from €9,766 to €41,033
- Depreciation +€9,068
up €9,068 (+33.7%), from €26,937 to €36,005
- Other operating charges +€3,349
up €3,349 (+407%), from €822 to €4,171
- Financial charges +€3,004
up €3,004 (+21.6%), from €13,912 to €16,916
- Financial income -€425
down €425 (-89.7%), from €474 to €49
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 | €709,289 | €700,883 | -€8,406 | -1.2% |
| Formation expenses | 20 | €666 | €498 | -€168 | -25.2% |
| Fixed assets | 21/28 | €703,747 | €690,710 | -€13,037 | -1.9% |
| Tangible fixed assets | 22/27 | €703,747 | €690,710 | -€13,037 | -1.9% |
| Land and buildings | 22 | €675,991 | €657,836 | -€18,155 | -2.7% |
| Plant, machinery and equipment | 23 | €27,756 | €28,907 | +€1,151 | +4.1% |
| Furniture and vehicles | 24 | - | €3,967 | +€3,967 | |
| Current assets | 29/58 | €4,876 | €9,675 | +€4,799 | +98.4% |
| Amounts receivable within one year | 40/41 | €636 | €636 | = | 0.0% |
| Trade receivables | 40 | €636 | €636 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,156 | €9,039 | +€5,883 | +186% |
| Deferred charges and accrued income | 490/1 | €1,084 | - | -€1,084 | |
| Total equity and liabilities | 10/49 | €709,289 | €700,883 | -€8,406 | -1.2% |
| Equity | 10/15 | €328,569 | €312,559 | -€16,010 | -4.9% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,431 | -€47,441 | -€16,010 | -50.9% |
| Amounts payable | 17/49 | €380,720 | €388,324 | +€7,604 | +2.0% |
| Amounts payable after more than one year | 17 | €324,050 | €326,459 | +€2,409 | +0.7% |
| Financial debts | 170/4 | €304,050 | €287,459 | -€16,591 | -5.5% |
| Other amounts payable | 178/9 | €20,000 | €39,000 | +€19,000 | +95.0% |
| Amounts payable within one year | 42/48 | €56,548 | €58,620 | +€2,072 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €15,950 | €16,592 | +€642 | +4.0% |
| Financial debts | 43 | €40,000 | €40,000 | = | 0.0% |
| Credit institutions | 430/8 | €40,000 | €40,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €598 | €1,028 | +€430 | +71.9% |
| Taxes | 450/3 | €598 | €1,028 | +€430 | +71.9% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | €122 | €3,245 | +€3,123 | +2,560% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,937 | €36,005 | +€9,068 | +33.7% |
| Other operating charges | 640/8 | €822 | €4,171 | +€3,349 | +407% |
| Gross operating margin | 9900 | €9,766 | €41,033 | +€31,267 | +320% |
| Operating profit (loss) | 9901 | -€17,993 | €857 | +€18,850 | |
| Financial income | 75/76B | €474 | €49 | -€425 | -89.7% |
| Recurring financial income | 75 | €474 | €49 | -€425 | -89.7% |
| Financial charges | 65/66B | €13,912 | €16,916 | +€3,004 | +21.6% |
| Recurring financial charges | 65 | €13,912 | €16,916 | +€3,004 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,431 | -€16,010 | +€15,421 | +49.1% |
| Profit (loss) for the period | 9904 | -€31,431 | -€16,010 | +€15,421 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,431 | -€16,010 | +€15,421 | +49.1% |
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 20 October 2026 via checked.be.