ANNICE: 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.
ANNICE
Largest movements
- Cash -€33,832
down €33,832 (-89.6%), from €37,751 to €3,919
mainly Trade debts (-€31,347) and Net result for the year (-€10,983)
- Stocks and contracts -€20,770
down €20,770 (-13.8%), from €150,261 to €129,490
- Deferred charges and accrued income +€4,980
up €4,980 (+513.2%), from €970 to €5,950
- Tangible fixed assets -€2,244
down €2,244 (-29.5%), from €7,595 to €5,351
of which Furniture and vehicles: -€1,391
- Trade debts -€31,347
down €31,347 (-59.5%), from €52,706 to €21,359
- Profit (loss) carried forward -€10,983
down €10,983 (-20.4%), from -€53,913 to -€64,896
- Tax, wage and social debts -€4,738
down €4,738 (-18.7%), from €25,337 to €20,599
of which Remuneration and social security: -€4,013
- Debts after one year -€2,621
down €2,621 (-2.8%), from €95,221 to €92,600
- Short-term financial debts -€2,324
down €2,324 (-4.3%), from €53,864 to €51,541
- Gross operating margin -€5,461
down €5,461 (-12.6%), from €43,307 to €37,847
- Staff costs -€4,683
down €4,683 (-12.0%), from €39,067 to €34,384
- Financial income -€1,409
down €1,409 (-74.4%), from €1,894 to €485
- Financial charges -€956
down €956 (-11.1%), from €8,600 to €7,644
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 | €208,942 | €156,928 | -€52,013 | -24.9% |
| Fixed assets | 21/28 | €19,680 | €17,436 | -€2,244 | -11.4% |
| Tangible fixed assets | 22/27 | €7,595 | €5,351 | -€2,244 | -29.5% |
| Plant, machinery and equipment | 23 | €10 | - | -€10 | |
| Furniture and vehicles | 24 | €4,499 | €3,108 | -€1,391 | -30.9% |
| Other tangible fixed assets | 26 | €3,085 | €2,243 | -€843 | -27.3% |
| Financial fixed assets | 28 | €12,085 | €12,085 | = | 0.0% |
| Current assets | 29/58 | €189,262 | €139,493 | -€49,769 | -26.3% |
| Stocks and contracts in progress | 3 | €150,261 | €129,490 | -€20,770 | -13.8% |
| Stocks | 30/36 | €150,261 | €129,490 | -€20,770 | -13.8% |
| Amounts receivable within one year | 40/41 | €280 | €133 | -€147 | -52.4% |
| Trade receivables | 40 | €249 | €133 | -€115 | -46.4% |
| Other amounts receivable | 41 | €32 | - | -€32 | |
| Cash at bank and in hand | 54/58 | €37,751 | €3,919 | -€33,832 | -89.6% |
| Deferred charges and accrued income | 490/1 | €970 | €5,950 | +€4,980 | +513.2% |
| Total equity and liabilities | 10/49 | €208,942 | €156,928 | -€52,013 | -24.9% |
| Equity | 10/15 | -€18,186 | -€29,170 | -€10,983 | -60.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €17,135 | €17,135 | = | 0.0% |
| Distributable reserves | 133 | €17,135 | €17,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,913 | -€64,896 | -€10,983 | -20.4% |
| Amounts payable | 17/49 | €227,128 | €186,098 | -€41,030 | -18.1% |
| Amounts payable after more than one year | 17 | €95,221 | €92,600 | -€2,621 | -2.8% |
| Other amounts payable | 178/9 | €95,221 | €92,600 | -€2,621 | -2.8% |
| Amounts payable within one year | 42/48 | €131,907 | €93,498 | -€38,409 | -29.1% |
| Financial debts | 43 | €53,864 | €51,541 | -€2,324 | -4.3% |
| Credit institutions | 430/8 | €53,864 | €51,541 | -€2,324 | -4.3% |
| Trade debts | 44 | €52,706 | €21,359 | -€31,347 | -59.5% |
| Suppliers | 440/4 | €52,706 | €21,359 | -€31,347 | -59.5% |
| Taxes, remuneration and social security | 45 | €25,337 | €20,599 | -€4,738 | -18.7% |
| Taxes | 450/3 | €18,521 | €17,796 | -€725 | -3.9% |
| Remuneration and social security | 454/9 | €6,816 | €2,803 | -€4,013 | -58.9% |
| Remuneration, social security and pensions | 62 | €39,067 | €34,384 | -€4,683 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,544 | €2,244 | -€300 | -11.8% |
| Other operating charges | 640/8 | €4,955 | €5,044 | +€89 | +1.8% |
| Gross operating margin | 9900 | €43,307 | €37,847 | -€5,461 | -12.6% |
| Operating profit (loss) | 9901 | -€3,258 | -€3,825 | -€567 | -17.4% |
| Financial income | 75/76B | €1,894 | €485 | -€1,409 | -74.4% |
| Recurring financial income | 75 | €1,894 | €485 | -€1,409 | -74.4% |
| Financial charges | 65/66B | €8,600 | €7,644 | -€956 | -11.1% |
| Recurring financial charges | 65 | €8,600 | €7,644 | -€956 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,963 | -€10,983 | -€1,020 | -10.2% |
| Profit (loss) for the period | 9904 | -€9,963 | -€10,983 | -€1,020 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,963 | -€10,983 | -€1,020 | -10.2% |
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 10 October 2026 via checked.be.