ANNother Project: 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.
ANNother Project
Largest movements
- Tangible fixed assets -€7,370
down €7,370 (-14.0%), from €52,512 to €45,142
of which Furniture and vehicles: -€5,369
- Receivables within one year +€1,527
up €1,527 (+96.8%), from €1,578 to €3,104
of which Trade receivables: +€1,618
- Debts after one year -€10,000
down €10,000 (-16.7%), from €60,000 to €50,000
- Profit (loss) carried forward +€1,900
up €1,900 (+24.5%), from -€7,749 to -€5,849
- Depreciation +€1,677
up €1,677 (+16.6%), from €10,114 to €11,791
- Gross operating margin -€1,660
down €1,660 (-10.1%), from €16,487 to €14,827
- Financial income -€454
no longer reported in 2024 (was €454)
- Other operating charges -€268
down €268 (-23.6%), from €1,136 to €868
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 | €72,153 | €65,851 | -€6,302 | -8.7% |
| Fixed assets | 21/28 | €52,512 | €45,142 | -€7,370 | -14.0% |
| Tangible fixed assets | 22/27 | €52,512 | €45,142 | -€7,370 | -14.0% |
| Plant, machinery and equipment | 23 | €2,267 | €4,367 | +€2,101 | +92.7% |
| Furniture and vehicles | 24 | €23,178 | €17,809 | -€5,369 | -23.2% |
| Other tangible fixed assets | 26 | €27,067 | €22,965 | -€4,102 | -15.2% |
| Current assets | 29/58 | €19,641 | €20,709 | +€1,068 | +5.4% |
| Amounts receivable within one year | 40/41 | €1,578 | €3,104 | +€1,527 | +96.8% |
| Trade receivables | 40 | €1,335 | €2,953 | +€1,618 | +121.2% |
| Other amounts receivable | 41 | €243 | €151 | -€92 | -37.7% |
| Cash at bank and in hand | 54/58 | €17,900 | €17,250 | -€650 | -3.6% |
| Deferred charges and accrued income | 490/1 | €164 | €355 | +€192 | +117.4% |
| Total equity and liabilities | 10/49 | €72,153 | €65,851 | -€6,302 | -8.7% |
| Equity | 10/15 | €7,251 | €9,151 | +€1,900 | +26.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,749 | -€5,849 | +€1,900 | +24.5% |
| Amounts payable | 17/49 | €64,902 | €56,700 | -€8,202 | -12.6% |
| Amounts payable after more than one year | 17 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Financial debts | 170/4 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Amounts payable within one year | 42/48 | €4,902 | €6,700 | +€1,798 | +36.7% |
| Trade debts | 44 | €971 | €1,473 | +€502 | +51.7% |
| Suppliers | 440/4 | €971 | €1,473 | +€502 | +51.7% |
| Advances received on contracts in progress | 46 | - | €621 | +€621 | |
| Taxes, remuneration and social security | 45 | €1,009 | €1,301 | +€292 | +28.9% |
| Taxes | 450/3 | €1,009 | €1,301 | +€292 | +28.9% |
| Other amounts payable | 47/48 | €2,921 | €3,305 | +€384 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,114 | €11,791 | +€1,677 | +16.6% |
| Other operating charges | 640/8 | €1,136 | €868 | -€268 | -23.6% |
| Gross operating margin | 9900 | €16,487 | €14,827 | -€1,660 | -10.1% |
| Operating profit (loss) | 9901 | €5,237 | €2,169 | -€3,069 | -58.6% |
| Financial income | 75/76B | €454 | - | -€454 | |
| Recurring financial income | 75 | €454 | - | -€454 | |
| Financial charges | 65/66B | €130 | €121 | -€9 | -7.1% |
| Recurring financial charges | 65 | €130 | €121 | -€9 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €5,561 | €2,048 | -€3,514 | -63.2% |
| Income taxes | 67/77 | €144 | €148 | +€4 | +2.7% |
| Profit (loss) for the period | 9904 | €5,418 | €1,900 | -€3,517 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,418 | €1,900 | -€3,517 | -64.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.