ANRO: 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.
ANRO
Largest movements
- Tangible fixed assets -€12,008
down €12,008 (-2.9%), from €412,813 to €400,805
- Cash -€11,859
down €11,859 (-22.5%), from €52,703 to €40,844
mainly Receivables within one year (-€11,791) and Net result for the year (-€9,060)
- Receivables within one year +€11,791
up €11,791 (+17.1%), from €68,793 to €80,584
of which Other amounts receivable: +€21,616
- Reserves -€10,917
down €10,917 (-3.1%), from €357,012 to €346,095
of which Tax-exempt reserves: -€10,917
- Gross operating margin -€12,447
down €12,447 (-84.6%), from €14,721 to €2,274
- Other operating charges -€5,238
down €5,238 (-59.6%), from €8,794 to €3,557
- Taxes -€2,426
down €2,426 (-80.9%), from €3,000 to €574
- Financial income +€357
up €357 (+35.8%), from €995 to €1,352
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €534,309 | €522,234 | -€12,075 | -2.3% |
| Fixed assets | 21/28 | €412,813 | €400,805 | -€12,008 | -2.9% |
| Tangible fixed assets | 22/27 | €412,813 | €400,805 | -€12,008 | -2.9% |
| Land and buildings | 22 | €412,813 | €400,805 | -€12,008 | -2.9% |
| Current assets | 29/58 | €121,496 | €121,428 | -€68 | -0.1% |
| Amounts receivable within one year | 40/41 | €68,793 | €80,584 | +€11,791 | +17.1% |
| Trade receivables | 40 | €9,825 | - | -€9,825 | |
| Other amounts receivable | 41 | €58,968 | €80,584 | +€21,616 | +36.7% |
| Cash at bank and in hand | 54/58 | €52,703 | €40,844 | -€11,859 | -22.5% |
| Total equity and liabilities | 10/49 | €534,309 | €522,234 | -€12,075 | -2.3% |
| Equity | 10/15 | €406,883 | €397,823 | -€9,060 | -2.2% |
| Contributions | 10/11 | €132,000 | €132,000 | = | 0.0% |
| Capital | 10 | €132,000 | €132,000 | = | 0.0% |
| Issued capital | 100 | €132,000 | €132,000 | = | 0.0% |
| Reserves | 13 | €357,012 | €346,095 | -€10,917 | -3.1% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €314,277 | €303,360 | -€10,917 | -3.5% |
| Distributable reserves | 133 | €39,636 | €39,636 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,129 | -€80,272 | +€1,856 | +2.3% |
| Provisions and deferred taxes | 16 | €104,759 | €101,120 | -€3,639 | -3.5% |
| Deferred taxes | 168 | €104,759 | €101,120 | -€3,639 | -3.5% |
| Amounts payable | 17/49 | €22,666 | €23,290 | +€624 | +2.8% |
| Amounts payable within one year | 42/48 | €22,666 | €23,290 | +€624 | +2.8% |
| Trade debts | 44 | - | €3,859 | +€3,859 | |
| Suppliers | 440/4 | - | €3,859 | +€3,859 | |
| Taxes, remuneration and social security | 45 | €6,809 | €3,574 | -€3,236 | -47.5% |
| Taxes | 450/3 | €6,809 | €3,574 | -€3,236 | -47.5% |
| Other amounts payable | 47/48 | €15,857 | €15,857 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,008 | €12,008 | -€0 | 0.0% |
| Other operating charges | 640/8 | €8,794 | €3,557 | -€5,238 | -59.6% |
| Gross operating margin | 9900 | €14,721 | €2,274 | -€12,447 | -84.6% |
| Operating profit (loss) | 9901 | -€6,081 | -€13,290 | -€7,210 | -118.6% |
| Financial income | 75/76B | €995 | €1,352 | +€357 | +35.8% |
| Recurring financial income | 75 | €995 | €1,352 | +€357 | +35.8% |
| Financial charges | 65/66B | €146 | €187 | +€41 | +28.2% |
| Recurring financial charges | 65 | €146 | €187 | +€41 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,231 | -€12,125 | -€6,894 | -131.8% |
| Transfer from deferred taxes | 780 | €3,639 | €3,639 | = | 0.0% |
| Income taxes | 67/77 | €3,000 | €574 | -€2,426 | -80.9% |
| Profit (loss) for the period | 9904 | -€4,592 | -€9,060 | -€4,468 | -97.3% |
| Transfer from tax-exempt reserves | 789 | €10,917 | €10,917 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,324 | €1,856 | -€4,468 | -70.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.