ANNE-LOU: 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.
ANNE-LOU
Largest movements
- Tangible fixed assets +€48,853
up €48,853 (+1,215%), from €4,020 to €52,872
of which Furniture and vehicles: +€46,664
- Stocks and contracts -€23,067
down €23,067 (-22.2%), from €103,763 to €80,696
- Deferred charges and accrued income -€1,665
down €1,665 (-59.8%), from €2,784 to €1,119
- Debts after one year +€30,060
new in 2025: €30,060
- Trade debts -€23,474
down €23,474 (-56.6%), from €41,472 to €17,998
- Profit (loss) carried forward +€14,408
up €14,408 (+36.6%), from -€39,393 to -€24,985
- Current portion of long-term debt +€7,501
new in 2025: €7,501
- Other debts -€1,576
down €1,576 (-2.9%), from €54,847 to €53,270
- Gross operating margin +€17,414
up €17,414 (+185%), from €9,434 to €26,849
- Depreciation +€3,522
up €3,522 (+210%), from €1,674 to €5,196
- Financial charges +€590
up €590 (+12.8%), from €4,623 to €5,214
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 | €111,440 | €136,998 | +€25,559 | +22.9% |
| Fixed assets | 21/28 | €4,020 | €52,872 | +€48,853 | +1,215% |
| Tangible fixed assets | 22/27 | €4,020 | €52,872 | +€48,853 | +1,215% |
| Plant, machinery and equipment | 23 | €2,601 | €4,790 | +€2,189 | +84.1% |
| Furniture and vehicles | 24 | €1,419 | €48,083 | +€46,664 | +3,289% |
| Current assets | 29/58 | €107,420 | €84,126 | -€23,294 | -21.7% |
| Stocks and contracts in progress | 3 | €103,763 | €80,696 | -€23,067 | -22.2% |
| Stocks | 30/36 | €103,763 | €80,696 | -€23,067 | -22.2% |
| Amounts receivable within one year | 40/41 | €60 | €175 | +€115 | +191% |
| Other amounts receivable | 41 | €60 | €175 | +€115 | +191% |
| Cash at bank and in hand | 54/58 | €812 | €2,135 | +€1,323 | +163% |
| Deferred charges and accrued income | 490/1 | €2,784 | €1,119 | -€1,665 | -59.8% |
| Total equity and liabilities | 10/49 | €111,440 | €136,998 | +€25,559 | +22.9% |
| Equity | 10/15 | -€18,933 | -€4,525 | +€14,408 | +76.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,393 | -€24,985 | +€14,408 | +36.6% |
| Amounts payable | 17/49 | €130,372 | €141,523 | +€11,151 | +8.6% |
| Amounts payable after more than one year | 17 | - | €30,060 | +€30,060 | |
| Financial debts | 170/4 | - | €30,060 | +€30,060 | |
| Amounts payable within one year | 42/48 | €130,372 | €111,463 | -€18,909 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,501 | +€7,501 | |
| Financial debts | 43 | €24,220 | €23,658 | -€562 | -2.3% |
| Credit institutions | 430/8 | €24,220 | €23,658 | -€562 | -2.3% |
| Trade debts | 44 | €41,472 | €17,998 | -€23,474 | -56.6% |
| Suppliers | 440/4 | €41,472 | €17,998 | -€23,474 | -56.6% |
| Taxes, remuneration and social security | 45 | €9,834 | €9,035 | -€799 | -8.1% |
| Taxes | 450/3 | €9,834 | €9,035 | -€799 | -8.1% |
| Other amounts payable | 47/48 | €54,847 | €53,270 | -€1,576 | -2.9% |
| Non-recurring operating income | 76A | - | €13,177 | +€13,177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674 | €5,196 | +€3,522 | +210% |
| Other operating charges | 640/8 | €1,814 | €1,847 | +€32 | +1.8% |
| Gross operating margin | 9900 | €9,434 | €26,849 | +€17,414 | +185% |
| Operating profit (loss) | 9901 | €5,946 | €19,806 | +€13,860 | +233% |
| Financial income | 75/76B | €38 | €200 | +€162 | +432% |
| Recurring financial income | 75 | €38 | €0 | -€38 | -99.8% |
| Non-recurring financial income | 76B | - | €200 | +€200 | |
| Financial charges | 65/66B | €4,623 | €5,214 | +€590 | +12.8% |
| Recurring financial charges | 65 | €4,623 | €5,214 | +€590 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €1,360 | €14,793 | +€13,432 | +988% |
| Income taxes | 67/77 | €440 | €385 | -€55 | -12.5% |
| Profit (loss) for the period | 9904 | €920 | €14,408 | +€13,487 | +1,465% |
| Profit (loss) for the period to be appropriated | 9905 | €920 | €14,408 | +€13,487 | +1,465% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.