ANNATRANS: 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.
ANNATRANS
Largest movements
- Receivables within one year +€538,205
up €538,205 (+58.3%), from €922,433 to €1.5m
of which Trade receivables: +€515,511
- Tangible fixed assets +€354,110
up €354,110 (+64.1%), from €552,285 to €906,395
of which Furniture and vehicles: +€354,171
- Cash +€291,154
up €291,154 (+48.0%), from €606,856 to €898,010
mainly Trade debts (+€744,298) and Net result for the year (+€245,006)
- Current investments -€200,000
down €200,000 (-40.0%), from €500,000 to €300,000
- Deferred charges and accrued income -€82,582
down €82,582 (-56.0%), from €147,589 to €65,007
- Trade debts +€744,298
up €744,298 (+129.7%), from €573,958 to €1.3m
- Profit (loss) carried forward +€245,006
up €245,006 (+92.4%), from €265,108 to €510,114
- Other debts -€101,613
down €101,613 (-50.4%), from €201,613 to €100,000
- Gross operating margin +€219,517
up €219,517 (+19.3%), from €1.1m to €1.4m
- Staff costs +€129,850
up €129,850 (+19.1%), from €681,371 to €811,221
- Depreciation +€91,173
up €91,173 (+129.2%), from €70,573 to €161,746
- Financial charges +€20,097
up €20,097 (+76.3%), from €26,325 to €46,422
of which Financial charges: +€10,939
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 | €2,729,163 | €3,630,050 | +€900,887 | +33.0% |
| Fixed assets | 21/28 | €552,285 | €906,395 | +€354,110 | +64.1% |
| Tangible fixed assets | 22/27 | €552,285 | €906,395 | +€354,110 | +64.1% |
| Plant, machinery and equipment | 23 | €61 | - | -€61 | |
| Furniture and vehicles | 24 | €552,224 | €906,395 | +€354,171 | +64.1% |
| Current assets | 29/58 | €2,176,878 | €2,723,655 | +€546,777 | +25.1% |
| Amounts receivable within one year | 40/41 | €922,433 | €1,460,638 | +€538,205 | +58.3% |
| Trade receivables | 40 | €514,567 | €1,030,078 | +€515,511 | +100.2% |
| Other amounts receivable | 41 | €407,866 | €430,560 | +€22,694 | +5.6% |
| Current investments | 50/53 | €500,000 | €300,000 | -€200,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €606,856 | €898,010 | +€291,154 | +48.0% |
| Deferred charges and accrued income | 490/1 | €147,589 | €65,007 | -€82,582 | -56.0% |
| Total equity and liabilities | 10/49 | €2,729,163 | €3,630,050 | +€900,887 | +33.0% |
| Equity | 10/15 | €1,302,711 | €1,547,718 | +€245,006 | +18.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €975,603 | €975,603 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €969,403 | €969,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | €265,108 | €510,114 | +€245,006 | +92.4% |
| Amounts payable | 17/49 | €1,426,452 | €2,082,333 | +€655,881 | +46.0% |
| Amounts payable after more than one year | 17 | €459,079 | €428,479 | -€30,601 | -6.7% |
| Financial debts | 170/4 | €459,079 | €428,479 | -€30,601 | -6.7% |
| Amounts payable within one year | 42/48 | €967,373 | €1,653,854 | +€686,482 | +71.0% |
| Current portion of amounts payable after more than one year | 42 | €121,808 | €147,835 | +€26,028 | +21.4% |
| Trade debts | 44 | €573,958 | €1,318,256 | +€744,298 | +129.7% |
| Suppliers | 440/4 | €573,958 | €1,318,256 | +€744,298 | +129.7% |
| Taxes, remuneration and social security | 45 | €69,993 | €87,762 | +€17,769 | +25.4% |
| Taxes | 450/3 | €1,209 | €697 | -€512 | -42.3% |
| Remuneration and social security | 454/9 | €68,784 | €87,065 | +€18,281 | +26.6% |
| Other amounts payable | 47/48 | €201,613 | €100,000 | -€101,613 | -50.4% |
| Non-recurring operating income | 76A | €89,325 | - | -€89,325 | |
| Remuneration, social security and pensions | 62 | €681,371 | €811,221 | +€129,850 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,573 | €161,746 | +€91,173 | +129.2% |
| Other operating charges | 640/8 | €7,961 | €8,422 | +€461 | +5.8% |
| Non-recurring operating charges | 66A | €135,587 | €35,079 | -€100,508 | -74.1% |
| Gross operating margin | 9900 | €1,137,876 | €1,357,393 | +€219,517 | +19.3% |
| Operating profit (loss) | 9901 | €242,384 | €340,925 | +€98,541 | +40.7% |
| Financial income | 75/76B | €21,628 | €16,462 | -€5,165 | -23.9% |
| Recurring financial income | 75 | €21,628 | €16,462 | -€5,165 | -23.9% |
| Financial charges | 65/66B | €26,325 | €46,422 | +€20,097 | +76.3% |
| Recurring financial charges | 65 | €12,698 | €23,637 | +€10,939 | +86.1% |
| Non-recurring financial charges | 66B | €13,627 | €22,785 | +€9,159 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | €237,687 | €310,966 | +€73,278 | +30.8% |
| Income taxes | 67/77 | €57,385 | €65,959 | +€8,575 | +14.9% |
| Profit (loss) for the period | 9904 | €180,303 | €245,006 | +€64,703 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €180,303 | €245,006 | +€64,703 | +35.9% |
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 11 October 2026 via checked.be.