anolart: what changed
Two fiscal 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.
anolart
Largest movements
- Cash -€27,594
down €27,594 (-17.1%), from €161,325 to €133,731
mainly Contributions, distributions and other (-€139,586) and Debts after one year (-€17,020)
- Tangible fixed assets -€21,395
down €21,395 (-49.7%), from €43,034 to €21,639
- Receivables within one year +€6,748
up €6,748 (+38.7%), from €17,452 to €24,200
of which Trade receivables: +€6,748
- Contributions -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Other debts +€83,001
up €83,001 (+128.6%), from €64,518 to €147,519
- Debts after one year -€17,020
down €17,020 (-100.0%), from €17,020 to €0
- Tax, wage and social debts -€6,760
down €6,760 (-33.6%), from €20,146 to €13,385
- Gross operating margin +€10,846
up €10,846 (+17.4%), from €62,292 to €73,138
- Taxes +€1,701
up €1,701 (+17.8%), from €9,551 to €11,253
- Financial income -€1,061
down €1,061 (-45.4%), from €2,338 to €1,277
- Financial charges +€906
up €906 (+144.5%), from €627 to €1,533
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.
Cash bridge derived
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 | €221,810 | €179,570 | -€42,240 | -19.0% |
| Fixed assets | 21/28 | €43,034 | €21,639 | -€21,395 | -49.7% |
| Tangible fixed assets | 22/27 | €43,034 | €21,639 | -€21,395 | -49.7% |
| Furniture and vehicles | 24 | €43,034 | €21,639 | -€21,395 | -49.7% |
| Current assets | 29/58 | €178,777 | €157,931 | -€20,846 | -11.7% |
| Amounts receivable within one year | 40/41 | €17,452 | €24,200 | +€6,748 | +38.7% |
| Trade receivables | 40 | €17,452 | €24,200 | +€6,748 | +38.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €161,325 | €133,731 | -€27,594 | -17.1% |
| Total equity and liabilities | 10/49 | €221,810 | €179,570 | -€42,240 | -19.0% |
| Equity | 10/15 | €100,000 | €0 | -€100,000 | -100.0% |
| Contributions | 10/11 | €100,000 | €0 | -€100,000 | -100.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €121,810 | €179,570 | +€57,760 | +47.4% |
| Amounts payable after more than one year | 17 | €17,020 | €0 | -€17,020 | -100.0% |
| Financial debts | 170/4 | €17,020 | €0 | -€17,020 | -100.0% |
| Amounts payable within one year | 42/48 | €104,791 | €179,570 | +€74,779 | +71.4% |
| Current portion of amounts payable after more than one year | 42 | €19,964 | €18,561 | -€1,403 | -7.0% |
| Trade debts | 44 | €163 | €105 | -€58 | -35.7% |
| Suppliers | 440/4 | €163 | €105 | -€58 | -35.7% |
| Taxes, remuneration and social security | 45 | €20,146 | €13,385 | -€6,760 | -33.6% |
| Taxes | 450/3 | €20,146 | €13,385 | -€6,760 | -33.6% |
| Other amounts payable | 47/48 | €64,518 | €147,519 | +€83,001 | +128.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,929 | €21,395 | +€466 | +2.2% |
| Other operating charges | 640/8 | €395 | €648 | +€253 | +64.1% |
| Gross operating margin | 9900 | €62,292 | €73,138 | +€10,846 | +17.4% |
| Operating profit (loss) | 9901 | €40,968 | €51,095 | +€10,126 | +24.7% |
| Financial income | 75/76B | €2,338 | €1,277 | -€1,061 | -45.4% |
| Recurring financial income | 75 | €2,338 | €1,277 | -€1,061 | -45.4% |
| Financial charges | 65/66B | €627 | €1,533 | +€906 | +144.5% |
| Recurring financial charges | 65 | €627 | €1,533 | +€906 | +144.5% |
| Profit (loss) for the period before taxes | 9903 | €42,680 | €50,838 | +€8,159 | +19.1% |
| Income taxes | 67/77 | €9,551 | €11,253 | +€1,701 | +17.8% |
| Profit (loss) for the period | 9904 | €33,128 | €39,586 | +€6,457 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,128 | €39,586 | +€6,457 | +19.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.