ANREMA: 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.
ANREMA
Largest movements
- Tangible fixed assets +€6,252
up €6,252 (+37.4%), from €16,710 to €22,962
of which Plant, machinery and equipment: +€5,728
- Cash +€2,222
up €2,222 (+14.5%), from €15,330 to €17,551
mainly Net result for the year (+€18,056) and Tax, wage and social debts (+€4,831)
- Receivables within one year -€2,023
down €2,023 (-25.6%), from €7,915 to €5,893
of which Trade receivables: -€2,191
- Reserves +€18,056
up €18,056 (+90.9%), from €19,867 to €37,923
- Other debts -€13,599
down €13,599 (-79.7%), from €17,067 to €3,468
- Tax, wage and social debts +€4,831
up €4,831 (+210.7%), from €2,293 to €7,124
- Debts after one year -€2,094
no longer reported in 2025 (was €2,094)
- Trade debts -€648
down €648 (-57.0%), from €1,137 to €490
- Gross operating margin +€8,676
up €8,676 (+40.0%), from €21,689 to €30,365
- Taxes +€1,696
up €1,696 (+37.2%), from €4,554 to €6,250
- Depreciation +€833
up €833 (+24.1%), from €3,451 to €4,284
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 | €45,637 | €51,598 | +€5,961 | +13.1% |
| Fixed assets | 21/28 | €17,360 | €23,612 | +€6,252 | +36.0% |
| Tangible fixed assets | 22/27 | €16,710 | €22,962 | +€6,252 | +37.4% |
| Plant, machinery and equipment | 23 | €9,850 | €15,578 | +€5,728 | +58.1% |
| Furniture and vehicles | 24 | €1,177 | €2,371 | +€1,194 | +101.5% |
| Other tangible fixed assets | 26 | €5,683 | €5,013 | -€670 | -11.8% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €28,278 | €27,987 | -€291 | -1.0% |
| Stocks and contracts in progress | 3 | €4,981 | €4,542 | -€438 | -8.8% |
| Stocks | 30/36 | €4,981 | €4,542 | -€438 | -8.8% |
| Amounts receivable within one year | 40/41 | €7,915 | €5,893 | -€2,023 | -25.6% |
| Trade receivables | 40 | €7,911 | €5,720 | -€2,191 | -27.7% |
| Other amounts receivable | 41 | €4 | €173 | +€168 | +3782.0% |
| Cash at bank and in hand | 54/58 | €15,330 | €17,551 | +€2,222 | +14.5% |
| Deferred charges and accrued income | 490/1 | €52 | - | -€52 | |
| Total equity and liabilities | 10/49 | €45,637 | €51,598 | +€5,961 | +13.1% |
| Equity | 10/15 | €20,367 | €38,423 | +€18,056 | +88.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €19,867 | €37,923 | +€18,056 | +90.9% |
| Distributable reserves | 133 | €19,867 | €37,923 | +€18,056 | +90.9% |
| Amounts payable | 17/49 | €25,270 | €13,175 | -€12,095 | -47.9% |
| Amounts payable after more than one year | 17 | €2,094 | - | -€2,094 | |
| Financial debts | 170/4 | €2,094 | - | -€2,094 | |
| Amounts payable within one year | 42/48 | €23,177 | €13,175 | -€10,002 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €2,679 | €2,094 | -€586 | -21.9% |
| Trade debts | 44 | €1,137 | €490 | -€648 | -57.0% |
| Suppliers | 440/4 | €1,137 | €490 | -€648 | -57.0% |
| Taxes, remuneration and social security | 45 | €2,293 | €7,124 | +€4,831 | +210.7% |
| Taxes | 450/3 | €2,293 | €7,124 | +€4,831 | +210.7% |
| Other amounts payable | 47/48 | €17,067 | €3,468 | -€13,599 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,451 | €4,284 | +€833 | +24.1% |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Non-recurring operating charges | 66A | - | €1,177 | +€1,177 | |
| Gross operating margin | 9900 | €21,689 | €30,365 | +€8,676 | +40.0% |
| Operating profit (loss) | 9901 | €18,056 | €24,719 | +€6,662 | +36.9% |
| Financial income | 75/76B | €6 | €4 | -€2 | -28.5% |
| Recurring financial income | 75 | €6 | €4 | -€2 | -28.5% |
| Financial charges | 65/66B | €452 | €417 | -€35 | -7.7% |
| Recurring financial charges | 65 | €452 | €417 | -€35 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €17,610 | €24,306 | +€6,696 | +38.0% |
| Income taxes | 67/77 | €4,554 | €6,250 | +€1,696 | +37.2% |
| Profit (loss) for the period | 9904 | €13,056 | €18,056 | +€5,000 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,056 | €18,056 | +€5,000 | +38.3% |
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.