ANNISA: 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.
ANNISA
Largest movements
- Cash +€7,904
up €7,904 (+33.2%), from €23,826 to €31,730
mainly Net result for the year (+€9,218) and Tax, wage and social debts (+€5,793)
- Receivables within one year -€4,612
down €4,612 (-71.7%), from €6,434 to €1,822
of which Trade receivables: -€4,057
- Stocks and contracts +€1,839
up €1,839 (+8.4%), from €21,759 to €23,598
- Tangible fixed assets -€1,514
down €1,514 (-57.6%), from €2,625 to €1,112
of which Plant, machinery and equipment: -€895
- Trade debts -€9,798
down €9,798 (-54.5%), from €17,969 to €8,171
- Profit (loss) carried forward +€7,332
no longer reported in 2025 (was -€7,332)
- Tax, wage and social debts +€5,793
up €5,793 (+410.2%), from €1,412 to €7,205
of which Taxes: +€4,793
- Advances received -€3,671
no longer reported in 2025 (was €3,671)
- Other debts +€2,124
up €2,124 (+33.6%), from €6,313 to €8,436
- Gross operating margin +€3,666
up €3,666 (+29.1%), from €12,611 to €16,277
- Taxes +€2,357
up €2,357 (+203.3%), from €1,160 to €3,516
- Depreciation -€1,256
down €1,256 (-45.3%), from €2,769 to €1,514
- Other operating charges -€868
down €868 (-36.4%), from €2,385 to €1,517
- Financial income -€797
down €797 (-86.1%), from €926 to €129
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 | €56,213 | €59,878 | +€3,665 | +6.5% |
| Fixed assets | 21/28 | €3,234 | €1,721 | -€1,514 | -46.8% |
| Tangible fixed assets | 22/27 | €2,625 | €1,112 | -€1,514 | -57.6% |
| Plant, machinery and equipment | 23 | €1,058 | €163 | -€895 | -84.6% |
| Furniture and vehicles | 24 | €1,568 | €949 | -€619 | -39.5% |
| Financial fixed assets | 28 | €609 | €609 | = | 0.0% |
| Current assets | 29/58 | €52,978 | €58,157 | +€5,178 | +9.8% |
| Stocks and contracts in progress | 3 | €21,759 | €23,598 | +€1,839 | +8.4% |
| Stocks | 30/36 | €21,759 | €23,598 | +€1,839 | +8.4% |
| Amounts receivable within one year | 40/41 | €6,434 | €1,822 | -€4,612 | -71.7% |
| Trade receivables | 40 | €5,879 | €1,822 | -€4,057 | -69.0% |
| Other amounts receivable | 41 | €555 | - | -€555 | |
| Cash at bank and in hand | 54/58 | €23,826 | €31,730 | +€7,904 | +33.2% |
| Deferred charges and accrued income | 490/1 | €959 | €1,006 | +€47 | +4.9% |
| Total equity and liabilities | 10/49 | €56,213 | €59,878 | +€3,665 | +6.5% |
| Equity | 10/15 | €26,847 | €36,065 | +€9,218 | +34.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,979 | €29,865 | +€1,886 | +6.7% |
| Distributable reserves | 133 | €27,979 | €29,865 | +€1,886 | +6.7% |
| Profit (loss) carried forward | 14 | -€7,332 | - | +€7,332 | |
| Amounts payable | 17/49 | €29,366 | €23,812 | -€5,553 | -18.9% |
| Amounts payable within one year | 42/48 | €29,366 | €23,812 | -€5,553 | -18.9% |
| Trade debts | 44 | €17,969 | €8,171 | -€9,798 | -54.5% |
| Suppliers | 440/4 | €17,969 | €8,171 | -€9,798 | -54.5% |
| Advances received on contracts in progress | 46 | €3,671 | - | -€3,671 | |
| Taxes, remuneration and social security | 45 | €1,412 | €7,205 | +€5,793 | +410.2% |
| Taxes | 450/3 | €412 | €5,205 | +€4,793 | +1162.9% |
| Remuneration and social security | 454/9 | €1,000 | €2,000 | +€1,000 | +100.0% |
| Other amounts payable | 47/48 | €6,313 | €8,436 | +€2,124 | +33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,769 | €1,514 | -€1,256 | -45.3% |
| Other operating charges | 640/8 | €2,385 | €1,517 | -€868 | -36.4% |
| Non-recurring operating charges | 66A | €4,616 | - | -€4,616 | |
| Gross operating margin | 9900 | €12,611 | €16,277 | +€3,666 | +29.1% |
| Operating profit (loss) | 9901 | €2,841 | €13,247 | +€10,406 | +366.3% |
| Financial income | 75/76B | €926 | €129 | -€797 | -86.1% |
| Recurring financial income | 75 | €926 | €129 | -€797 | -86.1% |
| Financial charges | 65/66B | €813 | €641 | -€172 | -21.1% |
| Recurring financial charges | 65 | €813 | €641 | -€172 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €2,954 | €12,734 | +€9,780 | +331.1% |
| Income taxes | 67/77 | €1,160 | €3,516 | +€2,357 | +203.3% |
| Profit (loss) for the period | 9904 | €1,795 | €9,218 | +€7,424 | +413.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,795 | €9,218 | +€7,424 | +413.7% |
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 11 October 2026 via checked.be.