ANNRONSFREEDOM: 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.
ANNRONSFREEDOM
Largest movements
- Tangible fixed assets -€172,433
down €172,433 (-75.3%), from €228,955 to €56,522
of which Furniture and vehicles: -€171,215
- Cash +€7,198
up €7,198 (+230%), from €3,132 to €10,329
mainly Investment in fixed assets (net) (+€161,493) and Depreciation (+€10,940)
- Deferred charges and accrued income -€3,386
down €3,386 (-68.5%), from €4,946 to €1,560
- Debts after one year -€115,948
down €115,948 (-70.1%), from €165,369 to €49,421
- Current portion of long-term debt -€33,218
down €33,218 (-71.1%), from €46,735 to €13,517
- Profit (loss) carried forward -€26,613
down €26,613 (-45.8%), from -€58,054 to -€84,667
- Tax, wage and social debts +€8,706
up €8,706 (+266%), from €3,274 to €11,980
- Depreciation -€26,958
down €26,958 (-71.1%), from €37,898 to €10,940
- Gross operating margin -€13,942
down €13,942 (-50.4%), from €27,656 to €13,714
- Financial charges +€806
up €806 (+9.5%), from €8,487 to €9,293
- Other operating charges -€370
down €370 (-55.4%), from €669 to €298
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 | €237,144 | €69,028 | -€168,117 | -70.9% |
| Fixed assets | 21/28 | €228,955 | €56,522 | -€172,433 | -75.3% |
| Tangible fixed assets | 22/27 | €228,955 | €56,522 | -€172,433 | -75.3% |
| Plant, machinery and equipment | 23 | €1,218 | €0 | -€1,218 | -100% |
| Furniture and vehicles | 24 | €227,737 | €56,522 | -€171,215 | -75.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €8,190 | €12,506 | +€4,316 | +52.7% |
| Amounts receivable within one year | 40/41 | €112 | €617 | +€505 | +451% |
| Trade receivables | 40 | €97 | €594 | +€498 | +514% |
| Other amounts receivable | 41 | €15 | €22 | +€7 | +48.0% |
| Cash at bank and in hand | 54/58 | €3,132 | €10,329 | +€7,198 | +230% |
| Deferred charges and accrued income | 490/1 | €4,946 | €1,560 | -€3,386 | -68.5% |
| Total equity and liabilities | 10/49 | €237,144 | €69,028 | -€168,117 | -70.9% |
| Equity | 10/15 | -€38,054 | -€64,667 | -€26,613 | -69.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,054 | -€84,667 | -€26,613 | -45.8% |
| Amounts payable | 17/49 | €275,198 | €133,695 | -€141,504 | -51.4% |
| Amounts payable after more than one year | 17 | €165,369 | €49,421 | -€115,948 | -70.1% |
| Financial debts | 170/4 | €165,369 | €49,421 | -€115,948 | -70.1% |
| Amounts payable within one year | 42/48 | €109,829 | €83,960 | -€25,870 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €46,735 | €13,517 | -€33,218 | -71.1% |
| Trade debts | 44 | €1,840 | €400 | -€1,439 | -78.2% |
| Suppliers | 440/4 | €1,840 | €400 | -€1,439 | -78.2% |
| Taxes, remuneration and social security | 45 | €3,274 | €11,980 | +€8,706 | +266% |
| Taxes | 450/3 | €3,274 | €11,980 | +€8,706 | +266% |
| Other amounts payable | 47/48 | €57,981 | €58,062 | +€81 | +0.1% |
| Accrued charges and deferred income | 492/3 | - | €314 | +€314 | |
| Non-recurring operating income | 76A | €1,613 | €7,889 | +€6,276 | +389% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,898 | €10,940 | -€26,958 | -71.1% |
| Other operating charges | 640/8 | €669 | €298 | -€370 | -55.4% |
| Non-recurring operating charges | 66A | - | €19,796 | +€19,796 | |
| Gross operating margin | 9900 | €27,656 | €13,714 | -€13,942 | -50.4% |
| Operating profit (loss) | 9901 | -€10,911 | -€17,320 | -€6,409 | -58.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €8,487 | €9,293 | +€806 | +9.5% |
| Recurring financial charges | 65 | €8,487 | €9,293 | +€806 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,398 | -€26,613 | -€7,215 | -37.2% |
| Profit (loss) for the period | 9904 | -€19,398 | -€26,613 | -€7,215 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,398 | -€26,613 | -€7,215 | -37.2% |
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 20 October 2026 via checked.be.