ANRO TRADING: 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.
ANRO TRADING
Largest movements
- Cash +€149,387
up €149,387 (+160.4%), from €93,119 to €242,507
mainly Net result for the year (+€55,939) and Investment in fixed assets (net) (+€49,635)
- Financial fixed assets -€63,333
down €63,333 (-100.0%), from €63,333 to €0
- Tangible fixed assets -€26,475
down €26,475 (-6.2%), from €426,049 to €399,574
of which Land and buildings: -€28,602
- Receivables within one year -€18,313
down €18,313 (-49.4%), from €37,100 to €18,788
of which Trade receivables: -€18,313
- Reserves +€55,939
up €55,939 (+14.3%), from €391,696 to €447,635
of which Distributable reserves: +€55,939
- Debts after one year -€32,541
down €32,541 (-24.9%), from €130,753 to €98,212
- Other debts +€8,543
up €8,543 (+200.7%), from €4,256 to €12,799
- Tax, wage and social debts +€8,407
up €8,407 (+90.9%), from €9,249 to €17,656
- Gross operating margin +€29,147
up €29,147 (+29.9%), from €97,367 to €126,514
- Taxes +€7,922
up €7,922 (+55.2%), from €14,362 to €22,285
- Depreciation +€2,604
up €2,604 (+6.9%), from €37,569 to €40,173
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 | €620,755 | €664,709 | +€43,955 | +7.1% |
| Fixed assets | 21/28 | €489,382 | €399,574 | -€89,808 | -18.4% |
| Tangible fixed assets | 22/27 | €426,049 | €399,574 | -€26,475 | -6.2% |
| Land and buildings | 22 | €127,604 | €99,002 | -€28,602 | -22.4% |
| Furniture and vehicles | 24 | €1,150 | €11,474 | +€10,324 | +898.1% |
| Other tangible fixed assets | 26 | €297,296 | €289,099 | -€8,197 | -2.8% |
| Financial fixed assets | 28 | €63,333 | €0 | -€63,333 | -100.0% |
| Current assets | 29/58 | €131,373 | €265,135 | +€133,762 | +101.8% |
| Amounts receivable within one year | 40/41 | €37,100 | €18,788 | -€18,313 | -49.4% |
| Trade receivables | 40 | €36,463 | €18,150 | -€18,313 | -50.2% |
| Other amounts receivable | 41 | €638 | €638 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €93,119 | €242,507 | +€149,387 | +160.4% |
| Deferred charges and accrued income | 490/1 | €1,153 | €3,841 | +€2,688 | +233.1% |
| Total equity and liabilities | 10/49 | €620,755 | €664,709 | +€43,955 | +7.1% |
| Equity | 10/15 | €456,358 | €512,296 | +€55,939 | +12.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €391,696 | €447,635 | +€55,939 | +14.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €385,496 | €441,435 | +€55,939 | +14.5% |
| Profit (loss) carried forward | 14 | €2,662 | €2,662 | = | 0.0% |
| Amounts payable | 17/49 | €164,397 | €152,413 | -€11,984 | -7.3% |
| Amounts payable after more than one year | 17 | €130,753 | €98,212 | -€32,541 | -24.9% |
| Financial debts | 170/4 | €130,753 | €98,212 | -€32,541 | -24.9% |
| Amounts payable within one year | 42/48 | €33,645 | €54,201 | +€20,557 | +61.1% |
| Current portion of amounts payable after more than one year | 42 | €19,668 | €19,923 | +€255 | +1.3% |
| Financial debts | 43 | - | €502 | +€502 | |
| Credit institutions | 430/8 | - | €502 | +€502 | |
| Trade debts | 44 | €472 | €3,321 | +€2,849 | +603.8% |
| Suppliers | 440/4 | €472 | €3,321 | +€2,849 | +603.8% |
| Taxes, remuneration and social security | 45 | €9,249 | €17,656 | +€8,407 | +90.9% |
| Taxes | 450/3 | €9,249 | €17,656 | +€8,407 | +90.9% |
| Other amounts payable | 47/48 | €4,256 | €12,799 | +€8,543 | +200.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,569 | €40,173 | +€2,604 | +6.9% |
| Other operating charges | 640/8 | €3,291 | €3,848 | +€558 | +17.0% |
| Gross operating margin | 9900 | €97,367 | €126,514 | +€29,147 | +29.9% |
| Operating profit (loss) | 9901 | €56,508 | €82,493 | +€25,985 | +46.0% |
| Financial income | 75/76B | €1 | €38 | +€38 | +5519.1% |
| Recurring financial income | 75 | €1 | €38 | +€38 | +5519.1% |
| Financial charges | 65/66B | €5,200 | €4,308 | -€892 | -17.2% |
| Recurring financial charges | 65 | €5,200 | €4,308 | -€892 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €51,309 | €78,223 | +€26,915 | +52.5% |
| Income taxes | 67/77 | €14,362 | €22,285 | +€7,922 | +55.2% |
| Profit (loss) for the period | 9904 | €36,946 | €55,939 | +€18,992 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,946 | €55,939 | +€18,992 | +51.4% |
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.