ANPIMMO: 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.
What changed
ANPIMMO
NACE 68.322, Real estate appraisal on a fee or contract basis
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€247,496
2024 · -€214,034-€33,463
Equity
€1.3m
2024 · €1.6m-€247,496
Cash
€179,095
2024 · €36,971+€142,124
Balance sheet total
€9.3m
2024 · €8.0m+€1.3m
Largest movements
Assets
- Receivables within one year +€994,759
up €994,759 (+19,196%), from €5,182 to €999,941
of which Trade receivables: +€969,897
- Tangible fixed assets +€175,942
up €175,942 (+2.4%), from €7.5m to €7.6m
of which Land and buildings: +€328,661
- Cash +€142,124
up €142,124 (+384%), from €36,971 to €179,095
mainly Other debts (+€969,018) and Debts after one year (+€487,666)
Equity and liabilities
- Other debts +€969,018
up €969,018 (+43.4%), from €2.2m to €3.2m
- Debts after one year +€487,666
up €487,666 (+14.3%), from €3.4m to €3.9m
- Profit (loss) carried forward -€179,415
down €179,415 (-53.2%), from -€337,103 to -€516,517
Income statement
- Gross operating margin -€22,468
down €22,468 (-10.5%), from €214,456 to €191,989
- Depreciation +€5,489
up €5,489 (+1.3%), from €409,155 to €414,644
- Financial charges +€2,727
up €2,727 (+16.1%), from €16,961 to €19,689
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.
Result 2024
-€214,034
Gross operating margin
-€22,468
Depreciation
-€5,489
Other operating charges
-€1,566
Financial income
-€1,223
Financial charges
-€2,727
Taxes
+€10
Result 2025
-€247,496
raises the resultlowers the result
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.
From operations
+€161,160
Investment
-€592,725
Financing
+€573,690
Cash 2024
€36,971
From operations (derived)
+€161,160
Net result for the year
-€247,496
Depreciation
+€414,644
Receivables after one year
+€60,000
Receivables within one year
-€994,759
Deferred charges and accrued income
-€9,171
Provisions
-€22,694
Smaller working-capital items
-€3,463
Tax, wage and social debts
-€4,919
Other debts
+€969,018
Investment (derived)
-€592,725
Investment in fixed assets (net)
-€592,725
Financing
+€573,690
Debts after one year
+€487,666
Current portion of long-term debt
+€86,023
Cash 2025
€179,095
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,995,837 | €9,259,973 | +€1.3m | +15.8% |
| Fixed assets | 21/28 | €7,456,572 | €7,634,654 | +€178,082 | +2.4% |
| Tangible fixed assets | 22/27 | €7,456,209 | €7,632,151 | +€175,942 | +2.4% |
| Land and buildings | 22 | €6,479,640 | €6,808,301 | +€328,661 | +5.1% |
| Plant, machinery and equipment | 23 | €956,289 | €816,729 | -€139,560 | -14.6% |
| Furniture and vehicles | 24 | €20,280 | €7,121 | -€13,159 | -64.9% |
| Financial fixed assets | 28 | €363 | €2,503 | +€2,140 | +590% |
| Current assets | 29/58 | €539,265 | €1,625,319 | +€1.1m | +201% |
| Amounts receivable after more than one year | 29 | €488,738 | €428,738 | -€60,000 | -12.3% |
| Other amounts receivable | 291 | €488,738 | €428,738 | -€60,000 | -12.3% |
| Amounts receivable within one year | 40/41 | €5,182 | €999,941 | +€994,759 | +19,196% |
| Trade receivables | 40 | €1,544 | €971,441 | +€969,897 | +62,809% |
| Other amounts receivable | 41 | €3,638 | €28,501 | +€24,863 | +683% |
| Cash at bank and in hand | 54/58 | €36,971 | €179,095 | +€142,124 | +384% |
| Deferred charges and accrued income | 490/1 | €8,374 | €17,544 | +€9,171 | +110% |
| Total equity and liabilities | 10/49 | €7,995,837 | €9,259,973 | +€1.3m | +15.8% |
| Equity | 10/15 | €1,580,612 | €1,333,116 | -€247,496 | -15.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €1,417,715 | €1,349,633 | -€68,082 | -4.8% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,259,715 | €1,191,633 | -€68,082 | -5.4% |
| Distributable reserves | 133 | €108,000 | €108,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€337,103 | -€516,517 | -€179,415 | -53.2% |
| Provisions and deferred taxes | 16 | €419,901 | €397,207 | -€22,694 | -5.4% |
| Deferred taxes | 168 | €419,901 | €397,207 | -€22,694 | -5.4% |
| Amounts payable | 17/49 | €5,995,324 | €7,529,649 | +€1.5m | +25.6% |
| Amounts payable after more than one year | 17 | €3,409,692 | €3,897,359 | +€487,666 | +14.3% |
| Financial debts | 170/4 | €3,409,692 | €3,897,359 | +€487,666 | +14.3% |
| Amounts payable within one year | 42/48 | €2,569,326 | €3,617,143 | +€1.0m | +40.8% |
| Current portion of amounts payable after more than one year | 42 | €319,938 | €405,962 | +€86,023 | +26.9% |
| Trade debts | 44 | €8,642 | €6,336 | -€2,306 | -26.7% |
| Suppliers | 440/4 | €8,642 | €6,336 | -€2,306 | -26.7% |
| Taxes, remuneration and social security | 45 | €6,224 | €1,305 | -€4,919 | -79.0% |
| Taxes | 450/3 | €6,224 | €511 | -€5,713 | -91.8% |
| Remuneration and social security | 454/9 | - | €794 | +€794 | |
| Other amounts payable | 47/48 | €2,234,522 | €3,203,540 | +€969,018 | +43.4% |
| Accrued charges and deferred income | 492/3 | €16,305 | €15,148 | -€1,157 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €409,155 | €414,644 | +€5,489 | +1.3% |
| Other operating charges | 640/8 | €25,992 | €27,557 | +€1,566 | +6.0% |
| Gross operating margin | 9900 | €214,456 | €191,989 | -€22,468 | -10.5% |
| Operating profit (loss) | 9901 | -€220,691 | -€250,212 | -€29,522 | -13.4% |
| Financial income | 75/76B | €1,444 | €221 | -€1,223 | -84.7% |
| Recurring financial income | 75 | €1,444 | €221 | -€1,223 | -84.7% |
| Financial charges | 65/66B | €16,961 | €19,689 | +€2,727 | +16.1% |
| Recurring financial charges | 65 | €16,961 | €19,689 | +€2,727 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€236,207 | -€269,679 | -€33,472 | -14.2% |
| Transfer from deferred taxes | 780 | €22,694 | €22,694 | -€0 | 0.0% |
| Income taxes | 67/77 | €520 | €511 | -€10 | -1.8% |
| Profit (loss) for the period | 9904 | -€214,034 | -€247,496 | -€33,463 | -15.6% |
| Transfer from tax-exempt reserves | 789 | €68,076 | €68,082 | +€6 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€145,958 | -€179,415 | -€33,457 | -22.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.