ANPROJECTS: 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.
ANPROJECTS
Largest movements
- Cash -€10,542
down €10,542 (-66.9%), from €15,767 to €5,225
mainly Trade debts (-€30,143) and Receivables within one year (-€27)
- Trade debts -€30,143
down €30,143 (-78.2%), from €38,533 to €8,390
- Profit (loss) carried forward +€19,106
up €19,106 (+8.5%), from -€223,818 to -€204,712
- Gross operating margin +€1,022
up €1,022 (+4.0%), from €25,652 to €26,674
- Other operating charges -€680
down €680 (-46.7%), from €1,455 to €775
- Taxes +€517
up €517 (+8.6%), from €5,986 to €6,502
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,359 | €12,522 | -€10,837 | -46.4% |
| Fixed assets | 21/28 | €7,468 | €7,255 | -€213 | -2.8% |
| Tangible fixed assets | 22/27 | €7,468 | €7,255 | -€213 | -2.8% |
| Land and buildings | 22 | €7,468 | €7,255 | -€213 | -2.8% |
| Current assets | 29/58 | €15,891 | €5,267 | -€10,624 | -66.9% |
| Amounts receivable within one year | 40/41 | €14 | €42 | +€27 | +189% |
| Other amounts receivable | 41 | €14 | €42 | +€27 | +189% |
| Cash at bank and in hand | 54/58 | €15,767 | €5,225 | -€10,542 | -66.9% |
| Deferred charges and accrued income | 490/1 | €109 | - | -€109 | |
| Total equity and liabilities | 10/49 | €23,359 | €12,522 | -€10,837 | -46.4% |
| Equity | 10/15 | -€118,464 | -€99,358 | +€19,106 | +16.1% |
| Contributions | 10/11 | €105,355 | €105,355 | = | 0.0% |
| Capital | 10 | €105,355 | €105,355 | = | 0.0% |
| Issued capital | 100 | €105,355 | €105,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€223,818 | -€204,712 | +€19,106 | +8.5% |
| Amounts payable | 17/49 | €141,823 | €111,880 | -€29,943 | -21.1% |
| Amounts payable after more than one year | 17 | €103,290 | €103,290 | = | 0.0% |
| Financial debts | 170/4 | €103,290 | €103,290 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,533 | €8,390 | -€30,143 | -78.2% |
| Trade debts | 44 | €38,533 | €8,390 | -€30,143 | -78.2% |
| Suppliers | 440/4 | €38,533 | €8,390 | -€30,143 | -78.2% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Non-recurring operating income | 76A | €30,250 | €30,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163 | €213 | +€50 | +30.8% |
| Other operating charges | 640/8 | €1,455 | €775 | -€680 | -46.7% |
| Gross operating margin | 9900 | €25,652 | €26,674 | +€1,022 | +4.0% |
| Operating profit (loss) | 9901 | €24,034 | €25,686 | +€1,652 | +6.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €92 | €78 | -€14 | -15.2% |
| Recurring financial charges | 65 | €92 | €78 | -€14 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €23,942 | €25,608 | +€1,666 | +7.0% |
| Income taxes | 67/77 | €5,986 | €6,502 | +€517 | +8.6% |
| Profit (loss) for the period | 9904 | €17,957 | €19,106 | +€1,149 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,957 | €19,106 | +€1,149 | +6.4% |
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 13 October 2026 via checked.be.