ANNELIES HEX: 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.
ANNELIES HEX
Largest movements
- Tangible fixed assets +€13,475
up €13,475 (+406%), from €3,321 to €16,796
of which Furniture and vehicles: +€13,475
- Cash -€9,988
down €9,988 (-21.5%), from €46,369 to €36,381
mainly Investment in fixed assets (net) (-€17,236) and Contributions, distributions and other (-€17,200)
- Receivables within one year +€5,657
up €5,657 (+26.6%), from €21,228 to €26,885
of which Other amounts receivable: +€4,427
- Reserves +€7,404
up €7,404 (+13.4%), from €55,239 to €62,644
of which Distributable reserves: +€7,404
- Trade debts +€2,393
up €2,393 (+367%), from €653 to €3,045
- Tax, wage and social debts -€1,752
down €1,752 (-23.3%), from €7,526 to €5,774
- Other debts +€1,200
new in 2025: €1,200
- Gross operating margin -€14,617
down €14,617 (-27.9%), from €52,416 to €37,799
- Taxes -€6,521
down €6,521 (-44.1%), from €14,774 to €8,253
- Depreciation +€1,770
up €1,770 (+88.9%), from €1,991 to €3,761
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 | €70,918 | €80,163 | +€9,245 | +13.0% |
| Fixed assets | 21/28 | €3,321 | €16,796 | +€13,475 | +406% |
| Tangible fixed assets | 22/27 | €3,321 | €16,796 | +€13,475 | +406% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,321 | €16,796 | +€13,475 | +406% |
| Current assets | 29/58 | €67,597 | €63,367 | -€4,230 | -6.3% |
| Amounts receivable within one year | 40/41 | €21,228 | €26,885 | +€5,657 | +26.6% |
| Trade receivables | 40 | €8,797 | €10,028 | +€1,230 | +14.0% |
| Other amounts receivable | 41 | €12,430 | €16,857 | +€4,427 | +35.6% |
| Cash at bank and in hand | 54/58 | €46,369 | €36,381 | -€9,988 | -21.5% |
| Deferred charges and accrued income | 490/1 | - | €101 | +€101 | |
| Total equity and liabilities | 10/49 | €70,918 | €80,163 | +€9,245 | +13.0% |
| Equity | 10/15 | €55,239 | €62,644 | +€7,404 | +13.4% |
| Reserves | 13 | €55,239 | €62,644 | +€7,404 | +13.4% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €50,239 | €57,644 | +€7,404 | +14.7% |
| Provisions and deferred taxes | 16 | €7,500 | €7,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,500 | €7,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable | 17/49 | €8,178 | €10,019 | +€1,841 | +22.5% |
| Amounts payable within one year | 42/48 | €8,178 | €10,019 | +€1,841 | +22.5% |
| Trade debts | 44 | €653 | €3,045 | +€2,393 | +367% |
| Suppliers | 440/4 | €653 | €3,045 | +€2,393 | +367% |
| Taxes, remuneration and social security | 45 | €7,526 | €5,774 | -€1,752 | -23.3% |
| Taxes | 450/3 | €7,526 | €5,774 | -€1,752 | -23.3% |
| Other amounts payable | 47/48 | - | €1,200 | +€1,200 | |
| Non-recurring operating income | 76A | €8,737 | €90 | -€8,647 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,991 | €3,761 | +€1,770 | +88.9% |
| Other operating charges | 640/8 | €449 | €630 | +€180 | +40.1% |
| Gross operating margin | 9900 | €52,416 | €37,799 | -€14,617 | -27.9% |
| Operating profit (loss) | 9901 | €49,975 | €33,408 | -€16,568 | -33.2% |
| Financial charges | 65/66B | €451 | €550 | +€99 | +22.0% |
| Recurring financial charges | 65 | €451 | €550 | +€99 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €49,524 | €32,857 | -€16,667 | -33.7% |
| Income taxes | 67/77 | €14,774 | €8,253 | -€6,521 | -44.1% |
| Profit (loss) for the period | 9904 | €34,750 | €24,604 | -€10,146 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,750 | €24,604 | -€10,146 | -29.2% |
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 14 October 2026 via checked.be.