Anneman: 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.
Anneman
Largest movements
- Receivables within one year -€95,724
down €95,724 (-29.4%), from €325,715 to €229,991
of which Trade receivables: -€102,350
- Cash -€10,852
down €10,852 (-20.5%), from €52,971 to €42,119
mainly Trade debts (-€54,192) and Debts after one year (-€48,849)
- Tangible fixed assets +€9,468
up €9,468 (+44.6%), from €21,251 to €30,719
of which Furniture and vehicles: +€10,945
- Reserves +€54,200
up €54,200 (+28.8%), from €188,500 to €242,700
- Trade debts -€54,192
down €54,192 (-71.1%), from €76,233 to €22,041
- Debts after one year -€48,849
down €48,849 (-32.7%), from €149,458 to €100,609
- Current portion of long-term debt -€34,968
down €34,968 (-97.2%), from €35,990 to €1,022
- Tax, wage and social debts -€15,870
down €15,870 (-82.8%), from €19,170 to €3,300
- Financial charges +€3,132
up €3,132 (+44.2%), from €7,080 to €10,212
- Taxes +€2,241
up €2,241 (+9.5%), from €23,678 to €25,919
- Staff costs -€2,062
no longer reported in 2024 (was €2,062)
- Depreciation +€1,286
up €1,286 (+31.5%), from €4,082 to €5,368
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €492,323 | €398,794 | -€93,528 | -19.0% |
| Fixed assets | 21/28 | €111,251 | €120,719 | +€9,468 | +8.5% |
| Tangible fixed assets | 22/27 | €21,251 | €30,719 | +€9,468 | +44.6% |
| Land and buildings | 22 | €2,090 | - | -€2,090 | |
| Plant, machinery and equipment | 23 | €6,303 | €4,186 | -€2,117 | -33.6% |
| Furniture and vehicles | 24 | - | €10,945 | +€10,945 | |
| Other tangible fixed assets | 26 | €12,858 | €15,588 | +€2,730 | +21.2% |
| Financial fixed assets | 28 | €90,000 | €90,000 | = | 0.0% |
| Current assets | 29/58 | €381,071 | €278,075 | -€102,997 | -27.0% |
| Amounts receivable within one year | 40/41 | €325,715 | €229,991 | -€95,724 | -29.4% |
| Trade receivables | 40 | €118,504 | €16,154 | -€102,350 | -86.4% |
| Other amounts receivable | 41 | €207,212 | €213,838 | +€6,626 | +3.2% |
| Cash at bank and in hand | 54/58 | €52,971 | €42,119 | -€10,852 | -20.5% |
| Deferred charges and accrued income | 490/1 | €2,385 | €5,965 | +€3,580 | +150.1% |
| Total equity and liabilities | 10/49 | €492,323 | €398,794 | -€93,528 | -19.0% |
| Equity | 10/15 | €208,738 | €262,962 | +€54,223 | +26.0% |
| Contributions | 10/11 | €20,100 | €20,100 | = | 0.0% |
| Reserves | 13 | €188,500 | €242,700 | +€54,200 | +28.8% |
| Distributable reserves | 133 | €188,500 | €242,700 | +€54,200 | +28.8% |
| Profit (loss) carried forward | 14 | €138 | €162 | +€23 | +16.8% |
| Amounts payable | 17/49 | €283,584 | €135,833 | -€147,752 | -52.1% |
| Amounts payable after more than one year | 17 | €149,458 | €100,609 | -€48,849 | -32.7% |
| Financial debts | 170/4 | €149,458 | €100,609 | -€48,849 | -32.7% |
| Amounts payable within one year | 42/48 | €131,393 | €33,123 | -€98,270 | -74.8% |
| Current portion of amounts payable after more than one year | 42 | €35,990 | €1,022 | -€34,968 | -97.2% |
| Financial debts | 43 | - | €6,760 | +€6,760 | |
| Credit institutions | 430/8 | - | €6,760 | +€6,760 | |
| Trade debts | 44 | €76,233 | €22,041 | -€54,192 | -71.1% |
| Suppliers | 440/4 | €76,233 | €22,041 | -€54,192 | -71.1% |
| Taxes, remuneration and social security | 45 | €19,170 | €3,300 | -€15,870 | -82.8% |
| Taxes | 450/3 | €19,170 | €3,300 | -€15,870 | -82.8% |
| Accrued charges and deferred income | 492/3 | €2,733 | €2,100 | -€633 | -23.2% |
| Non-recurring operating income | 76A | €6,965 | - | -€6,965 | |
| Remuneration, social security and pensions | 62 | €2,062 | - | -€2,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,082 | €5,368 | +€1,286 | +31.5% |
| Other operating charges | 640/8 | €732 | €1,158 | +€425 | +58.1% |
| Gross operating margin | 9900 | €89,645 | €89,414 | -€230 | -0.3% |
| Operating profit (loss) | 9901 | €82,768 | €82,888 | +€120 | +0.1% |
| Financial income | 75/76B | €6,714 | €7,466 | +€752 | +11.2% |
| Recurring financial income | 75 | €6,714 | €7,466 | +€752 | +11.2% |
| Financial charges | 65/66B | €7,080 | €10,212 | +€3,132 | +44.2% |
| Recurring financial charges | 65 | €7,080 | €10,212 | +€3,132 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €82,402 | €80,142 | -€2,260 | -2.7% |
| Income taxes | 67/77 | €23,678 | €25,919 | +€2,241 | +9.5% |
| Profit (loss) for the period | 9904 | €58,724 | €54,223 | -€4,501 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,724 | €54,223 | -€4,501 | -7.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.