ANNALENTE: 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.
ANNALENTE
Largest movements
- Tangible fixed assets -€452,450
no longer reported in 2025 (was €452,450)
- Receivables within one year +€315,496
new in 2025: €315,496
- Revaluation surpluses -€400,000
no longer reported in 2025 (was €400,000)
- Profit (loss) carried forward +€211,743
up €211,743 (+3,062%), from €6,916 to €218,659
- Tax, wage and social debts +€77,080
up €77,080 (+2,976%), from €2,590 to €79,670
- Other debts -€24,102
no longer reported in 2025 (was €24,102)
- Gross operating margin +€270,807
up €270,807 (+1,693%), from €16,000 to €286,807
- Taxes +€74,489
up €74,489 (+2,876%), from €2,590 to €77,080
- Financial income +€4,184
new in 2025: €4,184
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 | €455,825 | €316,929 | -€138,896 | -30.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €452,450 | - | -€452,450 | |
| Tangible fixed assets | 22/27 | €452,450 | - | -€452,450 | |
| Land and buildings | 22 | €452,450 | - | -€452,450 | |
| Current assets | 29/58 | €3,375 | €316,929 | +€313,554 | +9,289% |
| Amounts receivable within one year | 40/41 | - | €315,496 | +€315,496 | |
| Other amounts receivable | 41 | - | €315,496 | +€315,496 | |
| Cash at bank and in hand | 54/58 | €3,375 | €1,433 | -€1,942 | -57.5% |
| Total equity and liabilities | 10/49 | €455,825 | €316,929 | -€138,896 | -30.5% |
| Equity | 10/15 | €425,516 | €237,259 | -€188,257 | -44.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €400,000 | - | -€400,000 | |
| Profit (loss) carried forward | 14 | €6,916 | €218,659 | +€211,743 | +3,062% |
| Amounts payable | 17/49 | €30,310 | €79,670 | +€49,360 | +163% |
| Amounts payable within one year | 42/48 | €30,310 | €79,670 | +€49,360 | +163% |
| Current portion of amounts payable after more than one year | 42 | €3,618 | - | -€3,618 | |
| Taxes, remuneration and social security | 45 | €2,590 | €79,670 | +€77,080 | +2,976% |
| Taxes | 450/3 | €2,590 | €79,670 | +€77,080 | +2,976% |
| Other amounts payable | 47/48 | €24,102 | - | -€24,102 | |
| Non-recurring operating income | 76A | - | €295,885 | +€295,885 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | - | -€490 | |
| Other operating charges | 640/8 | €1,971 | €1,985 | +€13 | +0.7% |
| Gross operating margin | 9900 | €16,000 | €286,807 | +€270,807 | +1,693% |
| Operating profit (loss) | 9901 | €13,539 | €284,822 | +€271,283 | +2,004% |
| Financial income | 75/76B | - | €4,184 | +€4,184 | |
| Recurring financial income | 75 | - | €4,184 | +€4,184 | |
| Financial charges | 65/66B | €176 | €183 | +€8 | +4.3% |
| Recurring financial charges | 65 | €176 | €183 | +€8 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €13,363 | €288,823 | +€275,460 | +2,061% |
| Income taxes | 67/77 | €2,590 | €77,080 | +€74,489 | +2,876% |
| Profit (loss) for the period | 9904 | €10,773 | €211,743 | +€200,971 | +1,866% |
| Profit (loss) for the period to be appropriated | 9905 | €10,773 | €211,743 | +€200,971 | +1,866% |
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 29 October 2026 via checked.be.