ANNASSUR: 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.
ANNASSUR
Largest movements
- Cash -€2,943
down €2,943 (-15.0%), from €19,626 to €16,683
mainly Contributions, distributions and other (-€7,143) and Investment in fixed assets (net) (-€2,013)
- Receivables within one year -€1,327
down €1,327 (-30.2%), from €4,397 to €3,070
of which Other amounts receivable: -€1,147
- Tangible fixed assets +€1,274
up €1,274 (+55.3%), from €2,304 to €3,578
- Deferred charges and accrued income +€482
up €482 (+5.4%), from €8,960 to €9,442
- Profit (loss) carried forward -€2,953
down €2,953 (-11.4%), from €25,835 to €22,882
- Other debts +€1,073
up €1,073 (+37.6%), from €2,856 to €3,929
- Trade debts -€811
no longer reported in 2025 (was €811)
- Tax, wage and social debts +€586
new in 2025: €586
- Short-term financial debts -€409
down €409 (-81.3%), from €503 to €94
- Gross operating margin +€1,791
up €1,791 (+24.4%), from €7,342 to €9,133
- Taxes +€1,309
up €1,309 (+57.5%), from €2,276 to €3,586
- Depreciation -€464
down €464 (-38.5%), from €1,203 to €739
- Other operating charges -€209
down €209 (-25.4%), from €820 to €612
- Financial charges -€106
down €106 (-90.2%), from €117 to €12
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 | €37,987 | €35,472 | -€2,515 | -6.6% |
| Fixed assets | 21/28 | €2,354 | €3,628 | +€1,274 | +54.1% |
| Tangible fixed assets | 22/27 | €2,304 | €3,578 | +€1,274 | +55.3% |
| Furniture and vehicles | 24 | €2,304 | €3,578 | +€1,274 | +55.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €35,633 | €31,844 | -€3,789 | -10.6% |
| Amounts receivable within one year | 40/41 | €4,397 | €3,070 | -€1,327 | -30.2% |
| Trade receivables | 40 | €241 | €61 | -€181 | -74.9% |
| Other amounts receivable | 41 | €4,156 | €3,009 | -€1,147 | -27.6% |
| Current investments | 50/53 | €2,650 | €2,650 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,626 | €16,683 | -€2,943 | -15.0% |
| Deferred charges and accrued income | 490/1 | €8,960 | €9,442 | +€482 | +5.4% |
| Total equity and liabilities | 10/49 | €37,987 | €35,472 | -€2,515 | -6.6% |
| Equity | 10/15 | €33,817 | €30,864 | -€2,953 | -8.7% |
| Contributions | 10/11 | €7,982 | €7,982 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,835 | €22,882 | -€2,953 | -11.4% |
| Amounts payable | 17/49 | €4,170 | €4,608 | +€438 | +10.5% |
| Amounts payable within one year | 42/48 | €4,170 | €4,608 | +€438 | +10.5% |
| Financial debts | 43 | €503 | €94 | -€409 | -81.3% |
| Credit institutions | 430/8 | €503 | €94 | -€409 | -81.3% |
| Trade debts | 44 | €811 | - | -€811 | |
| Suppliers | 440/4 | €811 | - | -€811 | |
| Taxes, remuneration and social security | 45 | - | €586 | +€586 | |
| Taxes | 450/3 | - | €586 | +€586 | |
| Other amounts payable | 47/48 | €2,856 | €3,929 | +€1,073 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,203 | €739 | -€464 | -38.5% |
| Other operating charges | 640/8 | €820 | €612 | -€209 | -25.4% |
| Non-recurring operating charges | 66A | €1,400 | - | -€1,400 | |
| Gross operating margin | 9900 | €7,342 | €9,133 | +€1,791 | +24.4% |
| Operating profit (loss) | 9901 | €3,918 | €7,782 | +€3,864 | +98.6% |
| Financial income | 75/76B | €13 | €5 | -€8 | -60.3% |
| Recurring financial income | 75 | €13 | €5 | -€8 | -60.3% |
| Financial charges | 65/66B | €117 | €12 | -€106 | -90.2% |
| Recurring financial charges | 65 | €117 | €12 | -€106 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | €3,814 | €7,775 | +€3,961 | +103.9% |
| Income taxes | 67/77 | €2,276 | €3,586 | +€1,309 | +57.5% |
| Profit (loss) for the period | 9904 | €1,538 | €4,190 | +€2,652 | +172.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,538 | €4,190 | +€2,652 | +172.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.