ANOUVO: 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.
ANOUVO
Largest movements
- Stocks and contracts -€413,811
down €413,811 (-57.8%), from €715,926 to €302,115
- Receivables within one year +€116,326
up €116,326 (+43.2%), from €269,066 to €385,392
of which Trade receivables: +€136,593
- Advances received -€451,373
down €451,373 (-51.6%), from €874,046 to €422,673
- Trade debts +€129,183
up €129,183 (+107.1%), from €120,666 to €249,849
- Reserves +€13,380
up €13,380 (+3500.8%), from €382 to €13,762
- Gross operating margin +€12,353
up €12,353 (+204.2%), from €6,049 to €18,402
- Financial income +€3,596
up €3,596 (+5579.6%), from €64 to €3,660
- Taxes +€3,147
up €3,147 (+1164.8%), from €270 to €3,417
- Depreciation -€2,822
down €2,822 (-100.0%), from €2,822 to €0
- Financial charges +€1,854
up €1,854 (+101.9%), from €1,819 to €3,672
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 | €1,016,656 | €713,432 | -€303,224 | -29.8% |
| Current assets | 29/58 | €1,016,656 | €713,432 | -€303,224 | -29.8% |
| Stocks and contracts in progress | 3 | €715,926 | €302,115 | -€413,811 | -57.8% |
| Contracts in progress | 37 | €715,926 | €302,115 | -€413,811 | -57.8% |
| Amounts receivable within one year | 40/41 | €269,066 | €385,392 | +€116,326 | +43.2% |
| Trade receivables | 40 | €241,069 | €377,662 | +€136,593 | +56.7% |
| Other amounts receivable | 41 | €27,997 | €7,730 | -€20,267 | -72.4% |
| Cash at bank and in hand | 54/58 | €28,819 | €23,635 | -€5,184 | -18.0% |
| Deferred charges and accrued income | 490/1 | €2,845 | €2,290 | -€555 | -19.5% |
| Total equity and liabilities | 10/49 | €1,016,656 | €713,432 | -€303,224 | -29.8% |
| Equity | 10/15 | €20,182 | €33,562 | +€13,380 | +66.3% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €382 | €13,762 | +€13,380 | +3500.8% |
| Distributable reserves | 133 | €382 | €13,762 | +€13,380 | +3500.8% |
| Amounts payable | 17/49 | €996,474 | €679,870 | -€316,604 | -31.8% |
| Amounts payable within one year | 42/48 | €996,474 | €679,870 | -€316,604 | -31.8% |
| Trade debts | 44 | €120,666 | €249,849 | +€129,183 | +107.1% |
| Suppliers | 440/4 | €120,666 | €249,849 | +€129,183 | +107.1% |
| Advances received on contracts in progress | 46 | €874,046 | €422,673 | -€451,373 | -51.6% |
| Taxes, remuneration and social security | 45 | €1,763 | €7,348 | +€5,585 | +316.9% |
| Taxes | 450/3 | €1,763 | €7,348 | +€5,585 | +316.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,822 | €0 | -€2,822 | -100.0% |
| Other operating charges | 640/8 | €820 | €1,593 | +€773 | +94.2% |
| Gross operating margin | 9900 | €6,049 | €18,402 | +€12,353 | +204.2% |
| Operating profit (loss) | 9901 | €2,407 | €16,809 | +€14,402 | +598.4% |
| Financial income | 75/76B | €64 | €3,660 | +€3,596 | +5579.6% |
| Recurring financial income | 75 | €64 | €3,660 | +€3,596 | +5579.6% |
| Financial charges | 65/66B | €1,819 | €3,672 | +€1,854 | +101.9% |
| Recurring financial charges | 65 | €1,819 | €3,672 | +€1,854 | +101.9% |
| Profit (loss) for the period before taxes | 9903 | €652 | €16,797 | +€16,145 | +2474.8% |
| Income taxes | 67/77 | €270 | €3,417 | +€3,147 | +1164.8% |
| Profit (loss) for the period | 9904 | €382 | €13,380 | +€12,998 | +3400.8% |
| Profit (loss) for the period to be appropriated | 9905 | €382 | €13,380 | +€12,998 | +3400.8% |
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 10 October 2026 via checked.be.