ANNAKIN: 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.
ANNAKIN
Largest movements
- Cash +€17,821
up €17,821 (+39.2%), from €45,455 to €63,276
mainly Other debts (+€23,900) and Net result for the year (+€17,217)
- Receivables within one year -€11,966
down €11,966 (-50.8%), from €23,547 to €11,580
of which Trade receivables: -€8,486
- Tangible fixed assets -€4,684
down €4,684 (-9.4%), from €49,612 to €44,928
of which Other tangible fixed assets: -€5,112
- Other debts +€23,900
up €23,900 (+183.8%), from €13,000 to €36,900
- Reserves -€19,700
down €19,700 (-23.2%), from €85,092 to €65,392
- Tax, wage and social debts -€4,235
down €4,235 (-21.4%), from €19,814 to €15,579
- Trade debts +€1,470
up €1,470 (+146.3%), from €1,005 to €2,475
- Other operating charges -€1,337
down €1,337 (-51.6%), from €2,592 to €1,255
- Gross operating margin +€568
up €568 (+1.7%), from €32,728 to €33,296
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 | €127,915 | €129,367 | +€1,452 | +1.1% |
| Fixed assets | 21/28 | €49,612 | €44,928 | -€4,684 | -9.4% |
| Tangible fixed assets | 22/27 | €49,612 | €44,928 | -€4,684 | -9.4% |
| Land and buildings | 22 | €20,940 | €20,324 | -€617 | -2.9% |
| Plant, machinery and equipment | 23 | €2,947 | €1,753 | -€1,193 | -40.5% |
| Furniture and vehicles | 24 | €1,319 | €3,557 | +€2,238 | +169.7% |
| Other tangible fixed assets | 26 | €24,406 | €19,294 | -€5,112 | -20.9% |
| Current assets | 29/58 | €78,304 | €84,439 | +€6,136 | +7.8% |
| Amounts receivable after more than one year | 29 | €4,504 | €4,399 | -€105 | -2.3% |
| Other amounts receivable | 291 | €4,504 | €4,399 | -€105 | -2.3% |
| Amounts receivable within one year | 40/41 | €23,547 | €11,580 | -€11,966 | -50.8% |
| Trade receivables | 40 | €19,666 | €11,180 | -€8,486 | -43.1% |
| Other amounts receivable | 41 | €3,881 | €400 | -€3,481 | -89.7% |
| Cash at bank and in hand | 54/58 | €45,455 | €63,276 | +€17,821 | +39.2% |
| Deferred charges and accrued income | 490/1 | €4,798 | €5,183 | +€385 | +8.0% |
| Total equity and liabilities | 10/49 | €127,915 | €129,367 | +€1,452 | +1.1% |
| Equity | 10/15 | €92,597 | €72,913 | -€19,683 | -21.3% |
| Contributions | 10/11 | €7,420 | €7,420 | = | 0.0% |
| Reserves | 13 | €85,092 | €65,392 | -€19,700 | -23.2% |
| Distributable reserves | 133 | €85,092 | €65,392 | -€19,700 | -23.2% |
| Profit (loss) carried forward | 14 | €85 | €101 | +€17 | +19.7% |
| Amounts payable | 17/49 | €35,319 | €56,454 | +€21,135 | +59.8% |
| Amounts payable within one year | 42/48 | €33,819 | €54,954 | +€21,135 | +62.5% |
| Trade debts | 44 | €1,005 | €2,475 | +€1,470 | +146.3% |
| Suppliers | 440/4 | €1,005 | €2,475 | +€1,470 | +146.3% |
| Taxes, remuneration and social security | 45 | €19,814 | €15,579 | -€4,235 | -21.4% |
| Taxes | 450/3 | €19,814 | €15,579 | -€4,235 | -21.4% |
| Other amounts payable | 47/48 | €13,000 | €36,900 | +€23,900 | +183.8% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,536 | €7,484 | -€52 | -0.7% |
| Other operating charges | 640/8 | €2,592 | €1,255 | -€1,337 | -51.6% |
| Gross operating margin | 9900 | €32,728 | €33,296 | +€568 | +1.7% |
| Operating profit (loss) | 9901 | €22,600 | €24,557 | +€1,956 | +8.7% |
| Financial income | 75/76B | €289 | €366 | +€77 | +26.5% |
| Recurring financial income | 75 | €289 | €366 | +€77 | +26.5% |
| Financial charges | 65/66B | €1,489 | €1,327 | -€162 | -10.9% |
| Recurring financial charges | 65 | €1,489 | €1,327 | -€162 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €21,401 | €23,596 | +€2,196 | +10.3% |
| Income taxes | 67/77 | €6,683 | €6,379 | -€304 | -4.5% |
| Profit (loss) for the period | 9904 | €14,717 | €17,217 | +€2,500 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,717 | €17,217 | +€2,500 | +17.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.