ANVERICK: 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.
ANVERICK
Largest movements
- Financial fixed assets +€3.2m
up €3.2m (+1363.9%), from €232,186 to €3.4m
- Receivables within one year -€3.1m
down €3.1m (-61.2%), from €5.0m to €1.9m
- Stocks and contracts -€953,935
down €953,935 (-12.6%), from €7.6m to €6.6m
- Short-term financial debts -€2.5m
no longer reported in 2025 (was €2.5m)
- Other debts +€1.4m
up €1.4m (+104078.6%), from €1,300 to €1.4m
- Advances received +€151,000
up €151,000 (+686.4%), from €22,000 to €173,000
- Gross operating margin +€160,603
up €160,603 (+95.9%), from €167,538 to €328,141
- Financial income -€151,210
down €151,210 (-84.1%), from €179,865 to €28,655
- Financial charges -€38,359
down €38,359 (-31.4%), from €122,172 to €83,814
- Other operating charges -€11,913
down €11,913 (-64.4%), from €18,512 to €6,599
- Taxes -€10,801
down €10,801 (-21.4%), from €50,549 to €39,748
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 | €13,180,574 | €12,346,104 | -€834,469 | -6.3% |
| Fixed assets | 21/28 | €598,933 | €3,756,748 | +€3.2m | +527.2% |
| Tangible fixed assets | 22/27 | €366,747 | €357,853 | -€8,894 | -2.4% |
| Land and buildings | 22 | €366,747 | €357,853 | -€8,894 | -2.4% |
| Financial fixed assets | 28 | €232,186 | €3,398,895 | +€3.2m | +1363.9% |
| Current assets | 29/58 | €12,581,640 | €8,589,356 | -€4.0m | -31.7% |
| Stocks and contracts in progress | 3 | €7,582,733 | €6,628,798 | -€953,935 | -12.6% |
| Stocks | 30/36 | €7,582,733 | €6,628,798 | -€953,935 | -12.6% |
| Amounts receivable within one year | 40/41 | €4,994,642 | €1,938,314 | -€3.1m | -61.2% |
| Other amounts receivable | 41 | €4,994,642 | €1,938,314 | -€3.1m | -61.2% |
| Cash at bank and in hand | 54/58 | €2,478 | €20,860 | +€18,382 | +741.7% |
| Deferred charges and accrued income | 490/1 | €1,788 | €1,384 | -€404 | -22.6% |
| Total equity and liabilities | 10/49 | €13,180,574 | €12,346,104 | -€834,469 | -6.3% |
| Equity | 10/15 | €10,687,983 | €10,806,224 | +€118,242 | +1.1% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €9,180,000 | €9,295,000 | +€115,000 | +1.3% |
| Non-distributable reserves | 130/1 | €150,000 | €150,000 | = | 0.0% |
| Legal reserve | 130 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €9,030,000 | €9,145,000 | +€115,000 | +1.3% |
| Profit (loss) carried forward | 14 | €7,983 | €11,224 | +€3,242 | +40.6% |
| Amounts payable | 17/49 | €2,492,591 | €1,539,880 | -€952,711 | -38.2% |
| Amounts payable within one year | 42/48 | €2,483,849 | €1,534,082 | -€949,767 | -38.2% |
| Financial debts | 43 | €2,450,000 | - | -€2.5m | |
| Credit institutions | 430/8 | €2,450,000 | - | -€2.5m | |
| Trade debts | 44 | - | €132 | +€132 | |
| Suppliers | 440/4 | - | €132 | +€132 | |
| Advances received on contracts in progress | 46 | €22,000 | €173,000 | +€151,000 | +686.4% |
| Taxes, remuneration and social security | 45 | €10,549 | €6,628 | -€3,921 | -37.2% |
| Taxes | 450/3 | €10,549 | €6,628 | -€3,921 | -37.2% |
| Other amounts payable | 47/48 | €1,300 | €1,354,322 | +€1.4m | +104078.6% |
| Accrued charges and deferred income | 492/3 | €8,742 | €5,798 | -€2,943 | -33.7% |
| Non-recurring operating income | 76A | €33,192 | - | -€33,192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,894 | €8,894 | = | 0.0% |
| Other operating charges | 640/8 | €18,512 | €6,599 | -€11,913 | -64.4% |
| Gross operating margin | 9900 | €167,538 | €328,141 | +€160,603 | +95.9% |
| Operating profit (loss) | 9901 | €140,133 | €312,648 | +€172,516 | +123.1% |
| Financial income | 75/76B | €179,865 | €28,655 | -€151,210 | -84.1% |
| Recurring financial income | 75 | €179,865 | €28,655 | -€151,210 | -84.1% |
| Financial charges | 65/66B | €122,172 | €83,814 | -€38,359 | -31.4% |
| Recurring financial charges | 65 | €122,172 | €83,814 | -€38,359 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €197,825 | €257,490 | +€59,664 | +30.2% |
| Income taxes | 67/77 | €50,549 | €39,748 | -€10,801 | -21.4% |
| Profit (loss) for the period | 9904 | €147,276 | €217,742 | +€70,466 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €147,276 | €217,742 | +€70,466 | +47.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.