Anoevoo: 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.
Anoevoo
Largest movements
- Tangible fixed assets +€109,629
up €109,629 (+62.4%), from €175,750 to €285,380
of which Land and buildings: +€104,672
- Cash +€63,738
up €63,738 (+1,357%), from €4,696 to €68,434
mainly Debts after one year (+€119,795) and Net result for the year (+€23,859)
- Receivables within one year -€15,439
no longer reported in 2025 (was €15,439)
of which Trade receivables: -€11,011
- Debts after one year +€119,795
up €119,795 (+36.5%), from €328,556 to €448,351
- Reserves +€23,859
up €23,859 (+256%), from €9,307 to €33,166
- Tax, wage and social debts +€9,298
up €9,298 (+71.6%), from €12,982 to €22,280
- Current portion of long-term debt +€8,809
new in 2025: €8,809
- Other operating charges -€15,953
down €15,953 (-76.6%), from €20,814 to €4,861
- Gross operating margin +€14,548
up €14,548 (+26.8%), from €54,325 to €68,874
- Depreciation +€8,545
up €8,545 (+96.6%), from €8,846 to €17,391
- Taxes +€5,141
up €5,141 (+135%), from €3,822 to €8,963
- Financial charges +€2,513
up €2,513 (+21.8%), from €11,545 to €14,058
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 | €356,340 | €518,723 | +€162,384 | +45.6% |
| Fixed assets | 21/28 | €325,750 | €435,380 | +€109,629 | +33.7% |
| Tangible fixed assets | 22/27 | €175,750 | €285,380 | +€109,629 | +62.4% |
| Land and buildings | 22 | €164,259 | €268,931 | +€104,672 | +63.7% |
| Plant, machinery and equipment | 23 | €6,482 | €1,560 | -€4,922 | -75.9% |
| Furniture and vehicles | 24 | €5,009 | €14,889 | +€9,880 | +197% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €30,589 | €83,344 | +€52,754 | +172% |
| Stocks and contracts in progress | 3 | €2,900 | €2,700 | -€200 | -6.9% |
| Stocks | 30/36 | €2,900 | €2,700 | -€200 | -6.9% |
| Amounts receivable within one year | 40/41 | €15,439 | - | -€15,439 | |
| Trade receivables | 40 | €11,011 | - | -€11,011 | |
| Other amounts receivable | 41 | €4,428 | - | -€4,428 | |
| Cash at bank and in hand | 54/58 | €4,696 | €68,434 | +€63,738 | +1,357% |
| Deferred charges and accrued income | 490/1 | €7,555 | €12,209 | +€4,655 | +61.6% |
| Total equity and liabilities | 10/49 | €356,340 | €518,723 | +€162,384 | +45.6% |
| Equity | 10/15 | €14,307 | €38,166 | +€23,859 | +167% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,307 | €33,166 | +€23,859 | +256% |
| Distributable reserves | 133 | €9,307 | €33,166 | +€23,859 | +256% |
| Amounts payable | 17/49 | €342,032 | €480,557 | +€138,525 | +40.5% |
| Amounts payable after more than one year | 17 | €328,556 | €448,351 | +€119,795 | +36.5% |
| Financial debts | 170/4 | €328,556 | €448,351 | +€119,795 | +36.5% |
| Amounts payable within one year | 42/48 | €13,477 | €32,206 | +€18,730 | +139% |
| Current portion of amounts payable after more than one year | 42 | - | €8,809 | +€8,809 | |
| Trade debts | 44 | €495 | €921 | +€426 | +86.2% |
| Suppliers | 440/4 | €495 | €921 | +€426 | +86.2% |
| Taxes, remuneration and social security | 45 | €12,982 | €22,280 | +€9,298 | +71.6% |
| Taxes | 450/3 | €12,982 | €22,280 | +€9,298 | +71.6% |
| Other amounts payable | 47/48 | - | €196 | +€196 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,846 | €17,391 | +€8,545 | +96.6% |
| Other operating charges | 640/8 | €20,814 | €4,861 | -€15,953 | -76.6% |
| Gross operating margin | 9900 | €54,325 | €68,874 | +€14,548 | +26.8% |
| Operating profit (loss) | 9901 | €24,666 | €46,622 | +€21,956 | +89.0% |
| Financial income | 75/76B | €9 | €258 | +€249 | +2,804% |
| Recurring financial income | 75 | €9 | €258 | +€249 | +2,804% |
| Financial charges | 65/66B | €11,545 | €14,058 | +€2,513 | +21.8% |
| Recurring financial charges | 65 | €11,545 | €14,058 | +€2,513 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €13,129 | €32,822 | +€19,693 | +150% |
| Income taxes | 67/77 | €3,822 | €8,963 | +€5,141 | +135% |
| Profit (loss) for the period | 9904 | €9,307 | €23,859 | +€14,552 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €9,307 | €23,859 | +€14,552 | +156% |
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 14 October 2026 via checked.be.