Anne Derine: what changed
Anne Derine
Largest movements
- Cash +€16,382
up €16,382 (+68.3%), from €23,980 to €40,362
mainly Net result for the year (+€13,504) and Tax, wage and social debts (+€2,273)
- Receivables within one year +€1,895
up €1,895 (+18.9%), from €10,043 to €11,938
of which Other amounts receivable: +€7,969
- Reserves +€13,504
up €13,504 (+57.4%), from €23,512 to €37,016
- Tax, wage and social debts +€2,273
up €2,273 (+21.6%), from €10,511 to €12,784
- Contributions +€1,500
new in 2025: €1,500
- Trade debts +€1,107
new in 2025: €1,107
- Gross operating margin -€14,605
down €14,605 (-41.9%), from €34,862 to €20,257
- Taxes -€4,238
down €4,238 (-40.3%), from €10,511 to €6,273
- Staff costs -€354
no longer reported in 2025 (was €354)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,023 | €52,408 | +€18,385 | +54.0% |
| Current assets | 29/58 | €34,023 | €52,408 | +€18,385 | +54.0% |
| Amounts receivable within one year | 40/41 | €10,043 | €11,938 | +€1,895 | +18.9% |
| Trade receivables | 40 | €6,074 | - | -€6,074 | |
| Other amounts receivable | 41 | €3,969 | €11,938 | +€7,969 | +201% |
| Cash at bank and in hand | 54/58 | €23,980 | €40,362 | +€16,382 | +68.3% |
| Deferred charges and accrued income | 490/1 | - | €108 | +€108 | |
| Total equity and liabilities | 10/49 | €34,023 | €52,408 | +€18,385 | +54.0% |
| Equity | 10/15 | €23,512 | €38,516 | +€15,004 | +63.8% |
| Contributions | 10/11 | - | €1,500 | +€1,500 | |
| Reserves | 13 | €23,512 | €37,016 | +€13,504 | +57.4% |
| Distributable reserves | 133 | €23,512 | €37,016 | +€13,504 | +57.4% |
| Amounts payable | 17/49 | €10,511 | €13,892 | +€3,381 | +32.2% |
| Amounts payable within one year | 42/48 | €10,511 | €13,892 | +€3,381 | +32.2% |
| Trade debts | 44 | - | €1,107 | +€1,107 | |
| Suppliers | 440/4 | €0 | €1,107 | +€1,107 | |
| Taxes, remuneration and social security | 45 | €10,511 | €12,784 | +€2,273 | +21.6% |
| Taxes | 450/3 | €10,511 | €12,784 | +€2,273 | +21.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €354 | - | -€354 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €34,862 | €20,257 | -€14,605 | -41.9% |
| Operating profit (loss) | 9901 | €34,121 | €19,857 | -€14,264 | -41.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €99 | €80 | -€19 | -19.0% |
| Recurring financial charges | 65 | €99 | €80 | -€19 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €34,023 | €19,777 | -€14,246 | -41.9% |
| Income taxes | 67/77 | €10,511 | €6,273 | -€4,238 | -40.3% |
| Profit (loss) for the period | 9904 | €23,512 | €13,504 | -€10,008 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,512 | €13,504 | -€10,008 | -42.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.