ANONG: 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.
ANONG
Largest movements
- Tangible fixed assets +€137,378
up €137,378 (+17.0%), from €809,820 to €947,198
of which Land and buildings: +€131,212
- Cash -€22,885
down €22,885 (-84.7%), from €27,015 to €4,130
mainly Investment in fixed assets (net) (-€165,312) and Trade debts (-€1,163)
- Other debts +€54,055
up €54,055 (+112.1%), from €48,222 to €102,277
- Debts after one year +€44,722
up €44,722 (+6.9%), from €651,935 to €696,657
of which Financial debts: +€44,722
- Gross operating margin +€2,923
up €2,923 (+8.2%), from €35,691 to €38,614
- Depreciation +€1,910
up €1,910 (+7.3%), from €26,024 to €27,934
- Other operating charges +€1,084
up €1,084 (+24.8%), from €4,369 to €5,452
- Taxes -€587
down €587 (-41.0%), from €1,432 to €845
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 | €841,585 | €954,827 | +€113,243 | +13.5% |
| Fixed assets | 21/28 | €809,820 | €947,198 | +€137,378 | +17.0% |
| Tangible fixed assets | 22/27 | €809,820 | €947,198 | +€137,378 | +17.0% |
| Land and buildings | 22 | €804,087 | €935,300 | +€131,212 | +16.3% |
| Plant, machinery and equipment | 23 | €5,733 | €11,898 | +€6,165 | +107.6% |
| Current assets | 29/58 | €31,765 | €7,630 | -€24,135 | -76.0% |
| Amounts receivable within one year | 40/41 | €3,500 | €3,500 | = | 0.0% |
| Other amounts receivable | 41 | €3,500 | €3,500 | = | 0.0% |
| Current investments | 50/53 | €500 | - | -€500 | |
| Cash at bank and in hand | 54/58 | €27,015 | €4,130 | -€22,885 | -84.7% |
| Deferred charges and accrued income | 490/1 | €750 | - | -€750 | |
| Total equity and liabilities | 10/49 | €841,585 | €954,827 | +€113,243 | +13.5% |
| Equity | 10/15 | €138,839 | €143,131 | +€4,293 | +3.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €63,839 | €68,131 | +€4,293 | +6.7% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €56,339 | €60,631 | +€4,293 | +7.6% |
| Amounts payable | 17/49 | €702,746 | €811,696 | +€108,950 | +15.5% |
| Amounts payable after more than one year | 17 | €651,935 | €696,657 | +€44,722 | +6.9% |
| Financial debts | 170/4 | €640,535 | €685,257 | +€44,722 | +7.0% |
| Other amounts payable | 178/9 | €11,400 | €11,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,812 | €109,550 | +€58,738 | +115.6% |
| Trade debts | 44 | €1,163 | - | -€1,163 | |
| Suppliers | 440/4 | €1,163 | - | -€1,163 | |
| Taxes, remuneration and social security | 45 | €1,427 | €7,272 | +€5,845 | +409.6% |
| Taxes | 450/3 | €1,427 | €2,272 | +€845 | +59.2% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €48,222 | €102,277 | +€54,055 | +112.1% |
| Accrued charges and deferred income | 492/3 | - | €5,490 | +€5,490 | |
| Non-recurring operating income | 76A | €1,700 | - | -€1,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,024 | €27,934 | +€1,910 | +7.3% |
| Other operating charges | 640/8 | €4,369 | €5,452 | +€1,084 | +24.8% |
| Non-recurring operating charges | 66A | - | €47 | +€47 | |
| Gross operating margin | 9900 | €35,691 | €38,614 | +€2,923 | +8.2% |
| Operating profit (loss) | 9901 | €5,298 | €5,180 | -€118 | -2.2% |
| Financial income | 75/76B | €15 | €11 | -€4 | -28.3% |
| Recurring financial income | 75 | €15 | €11 | -€4 | -28.3% |
| Financial charges | 65/66B | €58 | €53 | -€5 | -8.6% |
| Recurring financial charges | 65 | €58 | €53 | -€5 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €5,255 | €5,138 | -€118 | -2.2% |
| Income taxes | 67/77 | €1,432 | €845 | -€587 | -41.0% |
| Profit (loss) for the period | 9904 | €3,824 | €4,293 | +€469 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,824 | €4,293 | +€469 | +12.3% |
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 6 October 2026 via checked.be.