ANNOYE & CIE: 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.
ANNOYE & CIE
Largest movements
- Receivables within one year +€5,039
up €5,039 (+8.1%), from €62,336 to €67,375
of which Trade receivables: +€5,180
- Tangible fixed assets +€4,415
up €4,415 (+21.1%), from €20,927 to €25,342
of which Furniture and vehicles: +€4,597
- Other debts +€15,882
up €15,882 (+1,046%), from €1,519 to €17,401
- Tax, wage and social debts -€7,980
down €7,980 (-29.1%), from €27,411 to €19,431
of which Taxes: -€5,281
- Profit (loss) carried forward +€7,699
up €7,699 (+16.7%), from €46,059 to €53,758
- Debts after one year -€4,947
down €4,947 (-67.3%), from €7,350 to €2,403
- Gross operating margin +€13,247
up €13,247 (+32.3%), from €40,973 to €54,220
- Depreciation +€6,317
up €6,317 (+127%), from €4,966 to €11,283
- Taxes +€4,839
up €4,839 (+69.1%), from €7,000 to €11,839
- Financial charges -€724
down €724 (-56.6%), from €1,280 to €556
- Staff costs +€602
up €602 (+24.5%), from €2,458 to €3,060
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 | €116,340 | €126,108 | +€9,768 | +8.4% |
| Fixed assets | 21/28 | €21,198 | €25,613 | +€4,415 | +20.8% |
| Tangible fixed assets | 22/27 | €20,927 | €25,342 | +€4,415 | +21.1% |
| Land and buildings | 22 | €1,758 | €1,576 | -€182 | -10.4% |
| Furniture and vehicles | 24 | €19,169 | €23,766 | +€4,597 | +24.0% |
| Financial fixed assets | 28 | €271 | €271 | = | 0.0% |
| Current assets | 29/58 | €95,142 | €100,495 | +€5,353 | +5.6% |
| Amounts receivable within one year | 40/41 | €62,336 | €67,375 | +€5,039 | +8.1% |
| Trade receivables | 40 | €62,195 | €67,375 | +€5,180 | +8.3% |
| Other amounts receivable | 41 | €141 | - | -€141 | |
| Cash at bank and in hand | 54/58 | €31,435 | €31,770 | +€335 | +1.1% |
| Deferred charges and accrued income | 490/1 | €1,371 | €1,350 | -€21 | -1.5% |
| Total equity and liabilities | 10/49 | €116,340 | €126,108 | +€9,768 | +8.4% |
| Equity | 10/15 | €66,519 | €74,218 | +€7,699 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,059 | €53,758 | +€7,699 | +16.7% |
| Amounts payable | 17/49 | €49,821 | €51,890 | +€2,069 | +4.2% |
| Amounts payable after more than one year | 17 | €7,350 | €2,403 | -€4,947 | -67.3% |
| Financial debts | 170/4 | €7,350 | €2,403 | -€4,947 | -67.3% |
| Amounts payable within one year | 42/48 | €42,471 | €49,487 | +€7,016 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €4,948 | €4,757 | -€191 | -3.9% |
| Trade debts | 44 | €8,593 | €7,898 | -€695 | -8.1% |
| Suppliers | 440/4 | €8,593 | €7,898 | -€695 | -8.1% |
| Taxes, remuneration and social security | 45 | €27,411 | €19,431 | -€7,980 | -29.1% |
| Taxes | 450/3 | €24,712 | €19,431 | -€5,281 | -21.4% |
| Remuneration and social security | 454/9 | €2,699 | - | -€2,699 | |
| Other amounts payable | 47/48 | €1,519 | €17,401 | +€15,882 | +1,046% |
| Remuneration, social security and pensions | 62 | €2,458 | €3,060 | +€602 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,966 | €11,283 | +€6,317 | +127% |
| Other operating charges | 640/8 | €1,434 | €1,783 | +€349 | +24.3% |
| Gross operating margin | 9900 | €40,973 | €54,220 | +€13,247 | +32.3% |
| Operating profit (loss) | 9901 | €32,115 | €38,094 | +€5,979 | +18.6% |
| Financial charges | 65/66B | €1,280 | €556 | -€724 | -56.6% |
| Recurring financial charges | 65 | €1,280 | €556 | -€724 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €30,835 | €37,538 | +€6,703 | +21.7% |
| Income taxes | 67/77 | €7,000 | €11,839 | +€4,839 | +69.1% |
| Profit (loss) for the period | 9904 | €23,835 | €25,699 | +€1,864 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,835 | €25,699 | +€1,864 | +7.8% |
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 26 October 2026 via checked.be.