ANROB: 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.
What changed
ANROB
NACE 46.220, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€132,762
2024 · €189,764-€57,002
Equity
€3.1m
2024 · €2.9m+€132,762
Cash
€637,298
2024 · €1.0m-€399,949
Balance sheet total
€10.9m
2024 · €10.5m+€405,156
Largest movements
Assets
- Tangible fixed assets +€529,170
up €529,170 (+45.3%), from €1.2m to €1.7m
of which Plant, machinery and equipment: +€419,204
- Stocks and contracts +€431,326
up €431,326 (+8.9%), from €4.8m to €5.3m
- Cash -€399,949
down €399,949 (-38.6%), from €1.0m to €637,298
mainly Investment in fixed assets (net) (-€1.1m) and Stocks and contracts (-€431,326)
- Receivables within one year -€131,233
down €131,233 (-4.0%), from €3.3m to €3.2m
of which Trade receivables: -€771,517
Equity and liabilities
- Trade debts +€559,591
up €559,591 (+16.5%), from €3.4m to €3.9m
- Debts after one year +€475,092
up €475,092 (+235.5%), from €201,761 to €676,853
- Advances received -€365,829
down €365,829 (-11.9%), from €3.1m to €2.7m
- Short-term financial debts -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Profit (loss) carried forward +€132,762
up €132,762 (+6.7%), from €2.0m to €2.1m
Income statement
- Turnover -€858,060
down €858,060 (-7.1%), from €12.1m to €11.3m
- Depreciation -€291,090
down €291,090 (-35.2%), from €827,335 to €536,245
- Services and other goods +€224,568
up €224,568 (+7.5%), from €3.0m to €3.2m
- Staff costs +€154,618
up €154,618 (+6.3%), from €2.5m to €2.6m
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.
Result 2024
€189,764
Turnover
-€858,060
Other operating income
+€52,116
Goods and materials
+€61,623
Services and other goods
-€224,568
Staff costs
-€154,618
Depreciation
+€291,090
Other operating charges
+€3,423
Other operating items
+€741,927
Financial income
+€3,787
Financial charges
+€7,745
Taxes
+€18,534
Result 2025
€132,762
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.
From operations
+€456,721
Investment
-€1.1m
Financing
+€199,257
Cash 2024
€1.0m
From operations (derived)
+€456,721
Net result for the year
+€132,762
Depreciation
+€536,245
Stocks and contracts
-€431,326
Receivables within one year
+€131,233
Deferred charges and accrued income
+€14,669
Trade debts
+€559,591
Tax, wage and social debts
-€124,110
Advances received
-€365,829
Other debts
+€400
Accrued charges and deferred income
+€3,085
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Current investments
+€225
Financing
+€199,257
Debts after one year
+€475,092
Current portion of long-term debt
-€25,835
Short-term financial debts
-€250,000
Cash 2025
€637,298
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,464,380 | €10,869,536 | +€405,156 | +3.9% |
| Fixed assets | 21/28 | €1,254,877 | €1,774,784 | +€519,906 | +41.4% |
| Tangible fixed assets | 22/27 | €1,167,252 | €1,696,422 | +€529,170 | +45.3% |
| Land and buildings | 22 | €197,806 | €148,878 | -€48,928 | -24.7% |
| Plant, machinery and equipment | 23 | €500,895 | €920,098 | +€419,204 | +83.7% |
| Furniture and vehicles | 24 | €468,551 | €627,445 | +€158,894 | +33.9% |
| Financial fixed assets | 28 | €87,625 | €78,362 | -€9,263 | -10.6% |
| Other financial fixed assets | 284/8 | €87,625 | €78,362 | -€9,263 | -10.6% |
| Shares | 284 | €8,075 | €6,925 | -€1,150 | -14.2% |
| Amounts receivable and cash guarantees | 285/8 | €79,550 | €71,437 | -€8,113 | -10.2% |
| Current assets | 29/58 | €9,209,503 | €9,094,752 | -€114,751 | -1.2% |
| Stocks and contracts in progress | 3 | €4,841,377 | €5,272,703 | +€431,326 | +8.9% |
| Contracts in progress | 37 | €4,841,377 | €5,272,703 | +€431,326 | +8.9% |
| Amounts receivable within one year | 40/41 | €3,297,290 | €3,166,056 | -€131,233 | -4.0% |
| Trade receivables | 40 | €2,411,396 | €1,639,878 | -€771,517 | -32.0% |
| Other amounts receivable | 41 | €885,894 | €1,526,178 | +€640,284 | +72.3% |
| Current investments | 50/53 | €225 | €0 | -€225 | -100.0% |
| Other investments | 51/53 | €225 | €0 | -€225 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,037,247 | €637,298 | -€399,949 | -38.6% |
| Deferred charges and accrued income | 490/1 | €33,365 | €18,695 | -€14,669 | -44.0% |
| Total equity and liabilities | 10/49 | €10,464,380 | €10,869,536 | +€405,156 | +3.9% |
| Equity | 10/15 | €2,924,628 | €3,057,390 | +€132,762 | +4.5% |
| Contributions | 10/11 | €286,999 | €286,999 | = | 0.0% |
| Capital | 10 | €286,999 | €286,999 | = | 0.0% |
| Issued capital | 100 | €286,999 | €286,999 | = | 0.0% |
| Reserves | 13 | €642,133 | €642,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,700 | €28,700 | = | 0.0% |
| Legal reserve | 130 | €28,700 | €28,700 | = | 0.0% |
| Distributable reserves | 133 | €613,433 | €613,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,995,497 | €2,128,259 | +€132,762 | +6.7% |
| Amounts payable | 17/49 | €7,539,752 | €7,812,146 | +€272,394 | +3.6% |
| Amounts payable after more than one year | 17 | €201,761 | €676,853 | +€475,092 | +235.5% |
| Financial debts | 170/4 | €201,761 | €676,853 | +€475,092 | +235.5% |
| Credit institutions | 173 | €201,761 | €676,853 | +€475,092 | +235.5% |
| Amounts payable within one year | 42/48 | €7,329,026 | €7,123,242 | -€205,783 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €196,139 | €170,304 | -€25,835 | -13.2% |
| Financial debts | 43 | €250,000 | €0 | -€250,000 | -100.0% |
| Credit institutions | 430/8 | €250,000 | €0 | -€250,000 | -100.0% |
| Trade debts | 44 | €3,389,283 | €3,948,874 | +€559,591 | +16.5% |
| Suppliers | 440/4 | €3,389,283 | €3,948,874 | +€559,591 | +16.5% |
| Advances received on contracts in progress | 46 | €3,079,275 | €2,713,446 | -€365,829 | -11.9% |
| Taxes, remuneration and social security | 45 | €414,328 | €290,219 | -€124,110 | -30.0% |
| Taxes | 450/3 | €54,994 | €34,202 | -€20,791 | -37.8% |
| Remuneration and social security | 454/9 | €359,335 | €256,016 | -€103,318 | -28.8% |
| Other amounts payable | 47/48 | €0 | €400 | +€400 | |
| Accrued charges and deferred income | 492/3 | €8,966 | €12,051 | +€3,085 | +34.4% |
| Operating income | 70/76A | €11,935,284 | €11,871,267 | -€64,018 | -0.5% |
| Turnover | 70 | €12,149,168 | €11,291,108 | -€858,060 | -7.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€310,600 | €431,326 | +€741,927 | |
| Other operating income | 74 | €96,717 | €148,833 | +€52,116 | +53.9% |
| Operating charges | 60/66A | €11,617,200 | €11,640,250 | +€23,051 | +0.2% |
| Goods for resale, raw materials and consumables | 60 | €5,296,059 | €5,234,436 | -€61,623 | -1.2% |
| Purchases | 600/8 | €5,296,059 | €5,234,436 | -€61,623 | -1.2% |
| Services and other goods | 61 | €2,979,013 | €3,203,582 | +€224,568 | +7.5% |
| Remuneration, social security and pensions | 62 | €2,465,720 | €2,620,338 | +€154,618 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €827,335 | €536,245 | -€291,090 | -35.2% |
| Other operating charges | 640/8 | €49,072 | €45,650 | -€3,423 | -7.0% |
| Operating profit (loss) | 9901 | €318,084 | €231,016 | -€87,068 | -27.4% |
| Financial income | 75/76B | €19,951 | €23,738 | +€3,787 | +19.0% |
| Recurring financial income | 75 | €19,951 | €23,738 | +€3,787 | +19.0% |
| Income from financial fixed assets | 750 | €6,764 | €6,525 | -€239 | -3.5% |
| Income from current assets | 751 | €13,083 | €17,213 | +€4,130 | +31.6% |
| Other financial income | 752/9 | €103 | €0 | -€103 | -99.9% |
| Financial charges | 65/66B | €61,883 | €54,138 | -€7,745 | -12.5% |
| Recurring financial charges | 65 | €61,883 | €54,138 | -€7,745 | -12.5% |
| Debt charges | 650 | €53,353 | €45,514 | -€7,839 | -14.7% |
| Other financial charges | 652/9 | €8,531 | €8,624 | +€93 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €276,152 | €200,616 | -€75,536 | -27.4% |
| Income taxes | 67/77 | €86,388 | €67,854 | -€18,534 | -21.5% |
| Taxes | 670/3 | €86,388 | €67,854 | -€18,534 | -21.5% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €189,764 | €132,762 | -€57,002 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €189,764 | €132,762 | -€57,002 | -30.0% |
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 2 October 2026 via checked.be.