ANNSPIRED: 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.
ANNSPIRED
Largest movements
- Cash -€72,628
down €72,628 (-12.3%), from €590,933 to €518,305
mainly Investment in fixed assets (net) (-€116,879) and Contributions, distributions and other (-€112,500)
- Receivables after one year -€60,000
down €60,000 (-100%), from €60,000 to €0
- Tangible fixed assets +€57,303
up €57,303 (+17.8%), from €321,883 to €379,187
of which Land and buildings: +€40,886
- Receivables within one year -€45,152
down €45,152 (-20.5%), from €220,499 to €175,347
of which Other amounts receivable: -€80,151
- Reserves -€112,500
down €112,500 (-16.2%), from €692,417 to €579,917
of which Distributable reserves: -€112,500
- Profit (loss) carried forward +€88,489
up €88,489 (+1,366%), from €6,477 to €94,966
- Other debts -€79,250
down €79,250 (-41.3%), from €191,750 to €112,500
- Trade debts +€44,102
up €44,102 (+513%), from €8,594 to €52,695
- Debts after one year -€34,755
down €34,755 (-16.0%), from €217,012 to €182,258
- Gross operating margin -€19,118
down €19,118 (-9.8%), from €195,130 to €176,012
- Depreciation +€15,696
up €15,696 (+40.1%), from €39,109 to €54,805
- Taxes -€11,189
down €11,189 (-28.0%), from €39,930 to €28,740
- Financial income -€3,587
down €3,587 (-42.5%), from €8,445 to €4,858
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 | €1,193,315 | €1,079,342 | -€113,974 | -9.6% |
| Fixed assets | 21/28 | €321,883 | €383,957 | +€62,073 | +19.3% |
| Tangible fixed assets | 22/27 | €321,883 | €379,187 | +€57,303 | +17.8% |
| Land and buildings | 22 | €259,937 | €300,823 | +€40,886 | +15.7% |
| Plant, machinery and equipment | 23 | €408 | €201 | -€206 | -50.6% |
| Furniture and vehicles | 24 | €61,539 | €78,162 | +€16,624 | +27.0% |
| Financial fixed assets | 28 | - | €4,770 | +€4,770 | |
| Current assets | 29/58 | €871,432 | €695,385 | -€176,047 | -20.2% |
| Amounts receivable after more than one year | 29 | €60,000 | €0 | -€60,000 | -100% |
| Other amounts receivable | 291 | €60,000 | €0 | -€60,000 | -100% |
| Amounts receivable within one year | 40/41 | €220,499 | €175,347 | -€45,152 | -20.5% |
| Trade receivables | 40 | €66,377 | €101,376 | +€34,999 | +52.7% |
| Other amounts receivable | 41 | €154,122 | €73,971 | -€80,151 | -52.0% |
| Cash at bank and in hand | 54/58 | €590,933 | €518,305 | -€72,628 | -12.3% |
| Deferred charges and accrued income | 490/1 | €0 | €1,733 | +€1,733 | |
| Total equity and liabilities | 10/49 | €1,193,315 | €1,079,342 | -€113,974 | -9.6% |
| Equity | 10/15 | €717,895 | €693,884 | -€24,011 | -3.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €692,417 | €579,917 | -€112,500 | -16.2% |
| Tax-exempt reserves | 132 | €217 | €217 | = | 0.0% |
| Distributable reserves | 133 | €692,200 | €579,700 | -€112,500 | -16.3% |
| Profit (loss) carried forward | 14 | €6,477 | €94,966 | +€88,489 | +1,366% |
| Amounts payable | 17/49 | €475,421 | €385,458 | -€89,963 | -18.9% |
| Amounts payable after more than one year | 17 | €217,012 | €182,258 | -€34,755 | -16.0% |
| Financial debts | 170/4 | €217,012 | €182,258 | -€34,755 | -16.0% |
| Amounts payable within one year | 42/48 | €258,408 | €203,200 | -€55,208 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €35,585 | €34,755 | -€830 | -2.3% |
| Trade debts | 44 | €8,594 | €52,695 | +€44,102 | +513% |
| Suppliers | 440/4 | €8,594 | €52,695 | +€44,102 | +513% |
| Taxes, remuneration and social security | 45 | €22,480 | €3,250 | -€19,230 | -85.5% |
| Taxes | 450/3 | €22,480 | €3,250 | -€19,230 | -85.5% |
| Other amounts payable | 47/48 | €191,750 | €112,500 | -€79,250 | -41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,109 | €54,805 | +€15,696 | +40.1% |
| Other operating charges | 640/8 | €2,588 | €3,000 | +€412 | +15.9% |
| Gross operating margin | 9900 | €195,130 | €176,012 | -€19,118 | -9.8% |
| Operating profit (loss) | 9901 | €153,434 | €118,207 | -€35,227 | -23.0% |
| Financial income | 75/76B | €8,445 | €4,858 | -€3,587 | -42.5% |
| Recurring financial income | 75 | €8,445 | €4,858 | -€3,587 | -42.5% |
| Financial charges | 65/66B | €6,212 | €5,836 | -€376 | -6.0% |
| Recurring financial charges | 65 | €6,212 | €5,836 | -€376 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €155,667 | €117,229 | -€38,437 | -24.7% |
| Income taxes | 67/77 | €39,930 | €28,740 | -€11,189 | -28.0% |
| Profit (loss) for the period | 9904 | €115,737 | €88,489 | -€27,248 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €115,737 | €88,489 | -€27,248 | -23.5% |
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 31 October 2026 via checked.be.