ANNITÉ: 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.
ANNITÉ
Largest movements
- Receivables within one year +€26,590
up €26,590 (+74.7%), from €35,606 to €62,196
of which Other amounts receivable: +€15,000
- Cash +€10,051
up €10,051 (+39.2%), from €25,632 to €35,683
mainly Net result for the year (+€40,616) and Depreciation (+€3,411)
- Current investments +€5,400
up €5,400 (+70.6%), from €7,650 to €13,050
- Reserves +€40,616
up €40,616 (+19.0%), from €213,996 to €254,612
- Gross operating margin +€42,364
up €42,364 (+177.2%), from €23,905 to €66,269
- Taxes +€16,649
up €16,649 (+403.3%), from €4,128 to €20,777
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 | €253,233 | €293,761 | +€40,528 | +16.0% |
| Fixed assets | 21/28 | €183,930 | €181,841 | -€2,089 | -1.1% |
| Tangible fixed assets | 22/27 | €175,410 | €173,321 | -€2,089 | -1.2% |
| Land and buildings | 22 | €168,194 | €165,548 | -€2,646 | -1.6% |
| Furniture and vehicles | 24 | €7,216 | €7,773 | +€557 | +7.7% |
| Financial fixed assets | 28 | €8,520 | €8,520 | = | 0.0% |
| Current assets | 29/58 | €69,303 | €111,920 | +€42,617 | +61.5% |
| Amounts receivable within one year | 40/41 | €35,606 | €62,196 | +€26,590 | +74.7% |
| Trade receivables | 40 | €35,606 | €47,196 | +€11,590 | +32.6% |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Current investments | 50/53 | €7,650 | €13,050 | +€5,400 | +70.6% |
| Cash at bank and in hand | 54/58 | €25,632 | €35,683 | +€10,051 | +39.2% |
| Deferred charges and accrued income | 490/1 | €415 | €991 | +€576 | +138.9% |
| Total equity and liabilities | 10/49 | €253,233 | €293,761 | +€40,528 | +16.0% |
| Equity | 10/15 | €220,196 | €260,812 | +€40,616 | +18.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €213,996 | €254,612 | +€40,616 | +19.0% |
| Distributable reserves | 133 | €213,996 | €254,612 | +€40,616 | +19.0% |
| Amounts payable | 17/49 | €33,037 | €32,949 | -€88 | -0.3% |
| Amounts payable within one year | 42/48 | €33,037 | €32,949 | -€88 | -0.3% |
| Trade debts | 44 | €3,497 | €2,215 | -€1,282 | -36.7% |
| Suppliers | 440/4 | €3,497 | €2,215 | -€1,282 | -36.7% |
| Taxes, remuneration and social security | 45 | €13,783 | €14,990 | +€1,206 | +8.8% |
| Taxes | 450/3 | €11,257 | €14,790 | +€3,533 | +31.4% |
| Remuneration and social security | 454/9 | €2,527 | €200 | -€2,327 | -92.1% |
| Other amounts payable | 47/48 | €15,757 | €15,745 | -€12 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,327 | €3,411 | +€83 | +2.5% |
| Other operating charges | 640/8 | €465 | €808 | +€343 | +73.8% |
| Gross operating margin | 9900 | €23,905 | €66,269 | +€42,364 | +177.2% |
| Operating profit (loss) | 9901 | €20,112 | €62,050 | +€41,937 | +208.5% |
| Financial income | 75/76B | €78 | €229 | +€150 | +192.3% |
| Recurring financial income | 75 | €78 | €229 | +€150 | +192.3% |
| Financial charges | 65/66B | €864 | €885 | +€22 | +2.5% |
| Recurring financial charges | 65 | €864 | €885 | +€22 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €19,327 | €61,393 | +€42,066 | +217.7% |
| Income taxes | 67/77 | €4,128 | €20,777 | +€16,649 | +403.3% |
| Profit (loss) for the period | 9904 | €15,199 | €40,616 | +€25,417 | +167.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,199 | €40,616 | +€25,417 | +167.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.