ANRICO: 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.
ANRICO
Largest movements
- Financial fixed assets +€976,500
up €976,500, from €0 to €976,500
- Cash +€103,141
up €103,141 (+86.1%), from €119,819 to €222,960
mainly Other debts (+€923,697) and Net result for the year (+€160,786)
- Receivables within one year -€40,623
down €40,623 (-88.1%), from €46,109 to €5,485
of which Trade receivables: -€46,109
- Current investments -€30,000
down €30,000 (-9.8%), from €306,083 to €276,083
- Other debts +€923,697
up €923,697 (+1800.5%), from €51,303 to €975,000
- Reserves +€160,786
up €160,786 (+46.8%), from €343,491 to €504,277
- Trade debts -€49,107
down €49,107 (-86.4%), from €56,814 to €7,707
- Tax, wage and social debts -€15,535
down €15,535 (-27.4%), from €56,601 to €41,066
- Gross operating margin +€80,568
up €80,568 (+49.5%), from €162,838 to €243,406
- Taxes +€22,916
up €22,916 (+47.6%), from €48,137 to €71,053
- Financial charges +€10,123
up €10,123, from -€684 to €9,439
- Depreciation +€4,212
up €4,212 (+101.4%), from €4,156 to €8,368
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 | €514,408 | €1,534,250 | +€1.0m | +198.3% |
| Fixed assets | 21/28 | €38,329 | €1,027,325 | +€988,995 | +2580.3% |
| Tangible fixed assets | 22/27 | €38,329 | €50,825 | +€12,495 | +32.6% |
| Furniture and vehicles | 24 | €7,168 | €23,028 | +€15,859 | +221.2% |
| Other tangible fixed assets | 26 | €31,161 | €27,797 | -€3,364 | -10.8% |
| Financial fixed assets | 28 | €0 | €976,500 | +€976,500 | |
| Current assets | 29/58 | €476,079 | €506,925 | +€30,846 | +6.5% |
| Amounts receivable within one year | 40/41 | €46,109 | €5,485 | -€40,623 | -88.1% |
| Trade receivables | 40 | €46,109 | €0 | -€46,109 | -100.0% |
| Other amounts receivable | 41 | €0 | €5,485 | +€5,485 | |
| Current investments | 50/53 | €306,083 | €276,083 | -€30,000 | -9.8% |
| Cash at bank and in hand | 54/58 | €119,819 | €222,960 | +€103,141 | +86.1% |
| Deferred charges and accrued income | 490/1 | €4,068 | €2,396 | -€1,672 | -41.1% |
| Total equity and liabilities | 10/49 | €514,408 | €1,534,250 | +€1.0m | +198.3% |
| Equity | 10/15 | €349,691 | €510,477 | +€160,786 | +46.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €343,491 | €504,277 | +€160,786 | +46.8% |
| Distributable reserves | 133 | €343,491 | €504,277 | +€160,786 | +46.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,718 | €1,023,773 | +€859,055 | +521.5% |
| Amounts payable within one year | 42/48 | €164,718 | €1,023,773 | +€859,055 | +521.5% |
| Trade debts | 44 | €56,814 | €7,707 | -€49,107 | -86.4% |
| Suppliers | 440/4 | €56,814 | €7,707 | -€49,107 | -86.4% |
| Taxes, remuneration and social security | 45 | €56,601 | €41,066 | -€15,535 | -27.4% |
| Taxes | 450/3 | €56,601 | €41,066 | -€15,535 | -27.4% |
| Other amounts payable | 47/48 | €51,303 | €975,000 | +€923,697 | +1800.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,156 | €8,368 | +€4,212 | +101.4% |
| Other operating charges | 640/8 | €964 | €714 | -€251 | -26.0% |
| Gross operating margin | 9900 | €162,838 | €243,406 | +€80,568 | +49.5% |
| Operating profit (loss) | 9901 | €157,718 | €234,324 | +€76,606 | +48.6% |
| Financial income | 75/76B | €7,177 | €6,953 | -€223 | -3.1% |
| Recurring financial income | 75 | €7,177 | €6,953 | -€223 | -3.1% |
| Financial charges | 65/66B | -€684 | €9,439 | +€10,123 | |
| Recurring financial charges | 65 | -€684 | €9,439 | +€10,123 | |
| Profit (loss) for the period before taxes | 9903 | €165,579 | €231,839 | +€66,260 | +40.0% |
| Income taxes | 67/77 | €48,137 | €71,053 | +€22,916 | +47.6% |
| Profit (loss) for the period | 9904 | €117,442 | €160,786 | +€43,344 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €117,442 | €160,786 | +€43,344 | +36.9% |
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 11 October 2026 via checked.be.