ANVA: 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.
ANVA
Largest movements
- Receivables within one year +€18,447
up €18,447 (+8.0%), from €231,566 to €250,013
of which Other amounts receivable: +€23,074
- Cash -€8,924
down €8,924 (-29.3%), from €30,471 to €21,547
mainly Receivables within one year (-€18,447) and Tax, wage and social debts (-€7,130)
- Trade debts +€13,824
up €13,824 (+439.5%), from €3,145 to €16,969
- Reserves +€11,077
up €11,077 (+7.1%), from €155,673 to €166,751
of which Distributable reserves: +€11,077
- Tax, wage and social debts -€7,130
down €7,130 (-26.9%), from €26,521 to €19,390
of which Taxes: -€9,214
- Debts after one year -€6,765
down €6,765 (-22.8%), from €29,728 to €22,963
- Gross operating margin -€16,507
down €16,507 (-25.8%), from €63,999 to €47,492
- Financial income -€11,540
down €11,540 (-99.2%), from €11,633 to €93
of which Financial income: -€11,540
- Taxes -€8,328
down €8,328 (-46.7%), from €17,829 to €9,501
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 | €273,372 | €282,502 | +€9,130 | +3.3% |
| Fixed assets | 21/28 | €6,212 | €5,634 | -€578 | -9.3% |
| Tangible fixed assets | 22/27 | €5,113 | €4,535 | -€578 | -11.3% |
| Land and buildings | 22 | €1,906 | €765 | -€1,141 | -59.9% |
| Plant, machinery and equipment | 23 | €1,393 | €3,770 | +€2,376 | +170.6% |
| Furniture and vehicles | 24 | €1,813 | - | -€1,813 | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €267,160 | €276,868 | +€9,708 | +3.6% |
| Stocks and contracts in progress | 3 | €5,123 | €5,308 | +€185 | +3.6% |
| Stocks | 30/36 | €5,123 | €5,308 | +€185 | +3.6% |
| Amounts receivable within one year | 40/41 | €231,566 | €250,013 | +€18,447 | +8.0% |
| Trade receivables | 40 | €4,628 | - | -€4,628 | |
| Other amounts receivable | 41 | €226,939 | €250,013 | +€23,074 | +10.2% |
| Cash at bank and in hand | 54/58 | €30,471 | €21,547 | -€8,924 | -29.3% |
| Total equity and liabilities | 10/49 | €273,372 | €282,502 | +€9,130 | +3.3% |
| Equity | 10/15 | €203,114 | €214,191 | +€11,077 | +5.5% |
| Contributions | 10/11 | €88,592 | €88,592 | = | 0.0% |
| Reserves | 13 | €155,673 | €166,751 | +€11,077 | +7.1% |
| Non-distributable reserves | 130/1 | €5,301 | €5,301 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,301 | €5,301 | = | 0.0% |
| Distributable reserves | 133 | €150,372 | €161,450 | +€11,077 | +7.4% |
| Profit (loss) carried forward | 14 | -€41,151 | -€41,151 | = | 0.0% |
| Amounts payable | 17/49 | €70,258 | €68,311 | -€1,947 | -2.8% |
| Amounts payable after more than one year | 17 | €29,728 | €22,963 | -€6,765 | -22.8% |
| Financial debts | 170/4 | €29,728 | €22,963 | -€6,765 | -22.8% |
| Amounts payable within one year | 42/48 | €40,530 | €45,348 | +€4,818 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €10,864 | €8,989 | -€1,875 | -17.3% |
| Trade debts | 44 | €3,145 | €16,969 | +€13,824 | +439.5% |
| Suppliers | 440/4 | €3,145 | €16,969 | +€13,824 | +439.5% |
| Taxes, remuneration and social security | 45 | €26,521 | €19,390 | -€7,130 | -26.9% |
| Taxes | 450/3 | €22,617 | €13,403 | -€9,214 | -40.7% |
| Remuneration and social security | 454/9 | €3,904 | €5,987 | +€2,083 | +53.4% |
| Remuneration, social security and pensions | 62 | €18,461 | €18,032 | -€429 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,966 | €4,038 | +€72 | +1.8% |
| Other operating charges | 640/8 | €1,764 | €2,334 | +€570 | +32.3% |
| Gross operating margin | 9900 | €63,999 | €47,492 | -€16,507 | -25.8% |
| Operating profit (loss) | 9901 | €39,808 | €23,089 | -€16,720 | -42.0% |
| Financial income | 75/76B | €11,633 | €93 | -€11,540 | -99.2% |
| Recurring financial income | 75 | €11,633 | €93 | -€11,540 | -99.2% |
| Non-recurring financial income | 76B | - | €93 | +€93 | |
| Financial charges | 65/66B | €2,448 | €2,604 | +€155 | +6.3% |
| Recurring financial charges | 65 | €2,448 | €2,604 | +€155 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €48,993 | €20,578 | -€28,415 | -58.0% |
| Income taxes | 67/77 | €17,829 | €9,501 | -€8,328 | -46.7% |
| Profit (loss) for the period | 9904 | €31,164 | €11,077 | -€20,087 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,164 | €11,077 | -€20,087 | -64.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.