ANNOGRANGE: 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.
ANNOGRANGE
Largest movements
- Receivables within one year +€60,248
up €60,248 (+129%), from €46,700 to €106,948
of which Other amounts receivable: +€60,490
- Tangible fixed assets -€18,855
down €18,855 (-12.2%), from €154,609 to €135,754
of which Furniture and vehicles: -€12,730
- Cash +€12,988
up €12,988 (+25.4%), from €51,192 to €64,180
mainly Other debts (+€117,281) and Net result for the year (+€48,240)
- Deferred charges and accrued income -€9,568
down €9,568 (-62.6%), from €15,276 to €5,707
- Other debts +€117,281
new in 2025: €117,281
- Reserves -€76,664
down €76,664 (-32.0%), from €239,826 to €163,162
of which Distributable reserves: -€76,664
- Debts after one year -€22,561
down €22,561 (-19.8%), from €114,052 to €91,491
- Advances received +€15,125
new in 2025: €15,125
- Tax, wage and social debts +€12,463
up €12,463 (+252%), from €4,948 to €17,411
- Gross operating margin +€12,724
up €12,724 (+16.6%), from €76,598 to €89,323
- Taxes +€7,589
up €7,589 (+47.7%), from €15,912 to €23,501
- Financial income +€2,772
up €2,772 (+47.3%), from €5,867 to €8,639
- Depreciation +€1,647
up €1,647 (+8.8%), from €18,613 to €20,260
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 | €417,777 | €462,589 | +€44,812 | +10.7% |
| Fixed assets | 21/28 | €154,609 | €135,754 | -€18,855 | -12.2% |
| Tangible fixed assets | 22/27 | €154,609 | €135,754 | -€18,855 | -12.2% |
| Land and buildings | 22 | €94,062 | €86,729 | -€7,333 | -7.8% |
| Plant, machinery and equipment | 23 | €0 | €1,208 | +€1,208 | |
| Furniture and vehicles | 24 | €60,547 | €47,817 | -€12,730 | -21.0% |
| Current assets | 29/58 | €263,167 | €326,835 | +€63,668 | +24.2% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,700 | €106,948 | +€60,248 | +129% |
| Trade receivables | 40 | €605 | €363 | -€242 | -40.0% |
| Other amounts receivable | 41 | €46,095 | €106,585 | +€60,490 | +131% |
| Cash at bank and in hand | 54/58 | €51,192 | €64,180 | +€12,988 | +25.4% |
| Deferred charges and accrued income | 490/1 | €15,276 | €5,707 | -€9,568 | -62.6% |
| Total equity and liabilities | 10/49 | €417,777 | €462,589 | +€44,812 | +10.7% |
| Equity | 10/15 | €258,426 | €181,762 | -€76,664 | -29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €239,826 | €163,162 | -€76,664 | -32.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €239,826 | €163,162 | -€76,664 | -32.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €159,351 | €280,827 | +€121,476 | +76.2% |
| Amounts payable after more than one year | 17 | €114,052 | €91,491 | -€22,561 | -19.8% |
| Financial debts | 170/4 | €114,052 | €91,491 | -€22,561 | -19.8% |
| Amounts payable within one year | 42/48 | €43,724 | €187,004 | +€143,280 | +328% |
| Current portion of amounts payable after more than one year | 42 | €24,838 | €22,561 | -€2,277 | -9.2% |
| Financial debts | 43 | €13,279 | €13,274 | -€6 | 0.0% |
| Credit institutions | 430/8 | €13,279 | €13,274 | -€6 | 0.0% |
| Trade debts | 44 | €659 | €1,353 | +€694 | +105% |
| Suppliers | 440/4 | €659 | €1,353 | +€694 | +105% |
| Advances received on contracts in progress | 46 | - | €15,125 | +€15,125 | |
| Taxes, remuneration and social security | 45 | €4,948 | €17,411 | +€12,463 | +252% |
| Taxes | 450/3 | €4,948 | €17,411 | +€12,463 | +252% |
| Other amounts payable | 47/48 | - | €117,281 | +€117,281 | |
| Accrued charges and deferred income | 492/3 | €1,574 | €2,332 | +€757 | +48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,613 | €20,260 | +€1,647 | +8.8% |
| Other operating charges | 640/8 | €2,287 | €2,274 | -€13 | -0.6% |
| Gross operating margin | 9900 | €76,598 | €89,323 | +€12,724 | +16.6% |
| Operating profit (loss) | 9901 | €55,698 | €66,789 | +€11,090 | +19.9% |
| Financial income | 75/76B | €5,867 | €8,639 | +€2,772 | +47.3% |
| Recurring financial income | 75 | €5,867 | €8,639 | +€2,772 | +47.3% |
| Financial charges | 65/66B | €3,227 | €3,687 | +€460 | +14.2% |
| Recurring financial charges | 65 | €3,227 | €3,687 | +€460 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €58,339 | €71,741 | +€13,403 | +23.0% |
| Income taxes | 67/77 | €15,912 | €23,501 | +€7,589 | +47.7% |
| Profit (loss) for the period | 9904 | €42,427 | €48,240 | +€5,814 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,427 | €48,240 | +€5,814 | +13.7% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.