ANNAKX: 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.
ANNAKX
Largest movements
- Cash +€51,671
up €51,671 (+583%), from €8,866 to €60,537
mainly Net result for the year (+€25,346) and Other debts (+€16,200)
- Deferred charges and accrued income -€8,557
down €8,557 (-32.5%), from €26,317 to €17,760
- Tangible fixed assets -€4,858
down €4,858 (-22.7%), from €21,410 to €16,552
of which Other tangible fixed assets: -€4,195
- Receivables within one year +€3,138
up €3,138 (+4.6%), from €67,863 to €71,001
of which Other amounts receivable: +€3,102
- Reserves +€25,346
up €25,346 (+26.6%), from €95,442 to €120,788
- Other debts +€16,200
new in 2025: €16,200
- Gross operating margin +€5,759
up €5,759 (+13.8%), from €41,791 to €47,550
- Taxes +€2,973
up €2,973 (+29.3%), from €10,160 to €13,132
- Other operating charges -€1,818
down €1,818 (-38.8%), from €4,690 to €2,872
- Financial income -€672
down €672 (-94.3%), from €712 to €41
- Depreciation -€565
down €565 (-10.4%), from €5,423 to €4,858
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 | €125,356 | €166,751 | +€41,394 | +33.0% |
| Fixed assets | 21/28 | €21,410 | €16,552 | -€4,858 | -22.7% |
| Tangible fixed assets | 22/27 | €21,410 | €16,552 | -€4,858 | -22.7% |
| Furniture and vehicles | 24 | €949 | €286 | -€663 | -69.9% |
| Other tangible fixed assets | 26 | €20,461 | €16,266 | -€4,195 | -20.5% |
| Current assets | 29/58 | €103,947 | €150,199 | +€46,252 | +44.5% |
| Amounts receivable within one year | 40/41 | €67,863 | €71,001 | +€3,138 | +4.6% |
| Trade receivables | 40 | €74 | €109 | +€35 | +48.1% |
| Other amounts receivable | 41 | €67,790 | €70,892 | +€3,102 | +4.6% |
| Current investments | 50/53 | €900 | €900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,866 | €60,537 | +€51,671 | +583% |
| Deferred charges and accrued income | 490/1 | €26,317 | €17,760 | -€8,557 | -32.5% |
| Total equity and liabilities | 10/49 | €125,356 | €166,751 | +€41,394 | +33.0% |
| Equity | 10/15 | €115,847 | €141,193 | +€25,346 | +21.9% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €95,442 | €120,788 | +€25,346 | +26.6% |
| Distributable reserves | 133 | €95,442 | €120,788 | +€25,346 | +26.6% |
| Amounts payable | 17/49 | €9,509 | €25,558 | +€16,049 | +169% |
| Amounts payable within one year | 42/48 | €9,509 | €25,558 | +€16,049 | +169% |
| Trade debts | 44 | €615 | €1,122 | +€507 | +82.5% |
| Suppliers | 440/4 | €615 | €1,122 | +€507 | +82.5% |
| Taxes, remuneration and social security | 45 | €8,894 | €8,236 | -€659 | -7.4% |
| Taxes | 450/3 | €8,894 | €8,236 | -€659 | -7.4% |
| Other amounts payable | 47/48 | - | €16,200 | +€16,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,423 | €4,858 | -€565 | -10.4% |
| Other operating charges | 640/8 | €4,690 | €2,872 | -€1,818 | -38.8% |
| Gross operating margin | 9900 | €41,791 | €47,550 | +€5,759 | +13.8% |
| Operating profit (loss) | 9901 | €31,678 | €39,820 | +€8,142 | +25.7% |
| Financial income | 75/76B | €712 | €41 | -€672 | -94.3% |
| Recurring financial income | 75 | €712 | €41 | -€672 | -94.3% |
| Financial charges | 65/66B | €1,404 | €1,383 | -€21 | -1.5% |
| Recurring financial charges | 65 | €1,404 | €1,383 | -€21 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €30,987 | €38,478 | +€7,491 | +24.2% |
| Income taxes | 67/77 | €10,160 | €13,132 | +€2,973 | +29.3% |
| Profit (loss) for the period | 9904 | €20,827 | €25,346 | +€4,518 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,827 | €25,346 | +€4,518 | +21.7% |
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.