ANOUCA: 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.
ANOUCA
Largest movements
- Tangible fixed assets +€45,864
up €45,864 (+23.4%), from €195,814 to €241,677
of which Leasing and similar rights: +€54,003
- Cash -€5,604
down €5,604 (-97.2%), from €5,766 to €162
mainly Investment in fixed assets (net) (-€54,602) and Net result for the year (-€2,790)
- Debts after one year +€31,417
new in 2025: €31,417
- Other debts +€7,906
up €7,906 (+9.7%), from €81,286 to €89,192
- Current portion of long-term debt +€6,905
up €6,905, from €0 to €6,905
- Reserves -€2,790
down €2,790 (-4.8%), from €57,583 to €54,793
of which Distributable reserves: -€2,790
- Gross operating margin -€1,988
down €1,988 (-17.6%), from €11,281 to €9,293
- Other operating charges +€1,754
up €1,754 (+123.2%), from €1,424 to €3,178
- Depreciation +€598
up €598 (+7.4%), from €8,140 to €8,738
- Financial charges -€178
down €178 (-53.3%), from €333 to €156
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 | €201,580 | €244,317 | +€42,737 | +21.2% |
| Fixed assets | 21/28 | €195,814 | €241,677 | +€45,864 | +23.4% |
| Tangible fixed assets | 22/27 | €195,814 | €241,677 | +€45,864 | +23.4% |
| Land and buildings | 22 | €195,814 | €187,674 | -€8,140 | -4.2% |
| Leasing and similar rights | 25 | - | €54,003 | +€54,003 | |
| Current assets | 29/58 | €5,766 | €2,639 | -€3,126 | -54.2% |
| Amounts receivable within one year | 40/41 | €0 | €1,011 | +€1,011 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €1,011 | +€1,011 | |
| Cash at bank and in hand | 54/58 | €5,766 | €162 | -€5,604 | -97.2% |
| Deferred charges and accrued income | 490/1 | - | €1,467 | +€1,467 | |
| Total equity and liabilities | 10/49 | €201,580 | €244,317 | +€42,737 | +21.2% |
| Equity | 10/15 | €119,583 | €116,793 | -€2,790 | -2.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €57,583 | €54,793 | -€2,790 | -4.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €51,383 | €48,593 | -€2,790 | -5.4% |
| Amounts payable | 17/49 | €81,997 | €127,524 | +€45,527 | +55.5% |
| Amounts payable after more than one year | 17 | - | €31,417 | +€31,417 | |
| Financial debts | 170/4 | - | €31,417 | +€31,417 | |
| Amounts payable within one year | 42/48 | €81,997 | €96,107 | +€14,110 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €6,905 | +€6,905 | |
| Taxes, remuneration and social security | 45 | €711 | €11 | -€700 | -98.5% |
| Taxes | 450/3 | €711 | €11 | -€700 | -98.5% |
| Other amounts payable | 47/48 | €81,286 | €89,192 | +€7,906 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,140 | €8,738 | +€598 | +7.4% |
| Other operating charges | 640/8 | €1,424 | €3,178 | +€1,754 | +123.2% |
| Gross operating margin | 9900 | €11,281 | €9,293 | -€1,988 | -17.6% |
| Operating profit (loss) | 9901 | €1,718 | -€2,623 | -€4,341 | |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €333 | €156 | -€178 | -53.3% |
| Recurring financial charges | 65 | €333 | €156 | -€178 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €1,390 | -€2,779 | -€4,169 | |
| Income taxes | 67/77 | - | €11 | +€11 | |
| Profit (loss) for the period | 9904 | €1,390 | -€2,790 | -€4,179 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,390 | -€2,790 | -€4,179 |
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 3 October 2026 via checked.be.