ANVIPAR SA: 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.
What changed
ANVIPAR SA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€475,129
2024 · €157,495+€317,633
Equity
€12.6m
2024 · €12.1m+€471,601
Cash
€158,548
2024 · €1.3m-€1.2m
Balance sheet total
€14.0m
2024 · €13.8m+€192,922
Largest movements
Assets
- Current investments +€1.4m
up €1.4m (+59.0%), from €2.3m to €3.7m
- Cash -€1.2m
down €1.2m (-88.0%), from €1.3m to €158,548
mainly Current investments (-€1.4m) and Investment in fixed assets (net) (-€498,354)
Equity and liabilities
- Reserves +€475,129
up €475,129 (+6.3%), from €7.5m to €8.0m
of which Distributable reserves: +€562,731
Income statement
- Financial income +€486,283
up €486,283 (+4,053%), from €11,997 to €498,280
- Gross operating margin -€75,582
down €75,582 (-12.7%), from €593,124 to €517,542
- Depreciation +€36,735
up €36,735 (+8.0%), from €459,092 to €495,827
- Financial charges +€23,423
up €23,423 (+96.6%), from €24,254 to €47,677
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
€157,495
Gross operating margin
-€75,582
Depreciation
-€36,735
Other operating charges
-€3
Other operating items
+€728
Financial income
+€486,283
Financial charges
-€23,423
Taxes
+€915
Deferred taxes and other
-€34,549
Result 2025
€475,129
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€810,296
Investment
-€1.9m
Financing
-€91,443
Cash 2024
€1.3m
From operations (derived)
+€810,296
Net result for the year
+€475,129
Depreciation
+€495,827
Receivables within one year
+€29,015
Smaller working-capital items
-€1,152
Provisions
-€39,996
Trade debts
-€125,308
Tax, wage and social debts
-€3,709
Advances received
-€35,991
Accrued charges and deferred income
+€16,481
Investment (derived)
-€1.9m
Investment in fixed assets (net)
-€498,354
Current investments
-€1.4m
Financing
-€91,443
Debts after one year
-€98,815
Current portion of long-term debt
+€10,899
Contributions, distributions and other
-€3,528
Cash 2025
€158,548
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,777,402 | €13,970,325 | +€192,922 | +1.4% |
| Fixed assets | 21/28 | €9,887,478 | €9,890,005 | +€2,527 | 0.0% |
| Tangible fixed assets | 22/27 | €6,857,831 | €6,843,012 | -€14,819 | -0.2% |
| Land and buildings | 22 | €6,752,408 | €6,741,176 | -€11,232 | -0.2% |
| Plant, machinery and equipment | 23 | €57,315 | €39,698 | -€17,617 | -30.7% |
| Furniture and vehicles | 24 | €14,925 | €29,306 | +€14,381 | +96.4% |
| Leasing and similar rights | 25 | €30,800 | - | -€30,800 | |
| Other tangible fixed assets | 26 | - | €30,450 | +€30,450 | |
| Assets under construction and advance payments | 27 | €2,382 | €2,382 | = | 0.0% |
| Financial fixed assets | 28 | €3,029,647 | €3,046,993 | +€17,346 | +0.6% |
| Current assets | 29/58 | €3,889,924 | €4,080,320 | +€190,396 | +4.9% |
| Amounts receivable within one year | 40/41 | €171,007 | €141,992 | -€29,015 | -17.0% |
| Trade receivables | 40 | €69,417 | €41,638 | -€27,779 | -40.0% |
| Other amounts receivable | 41 | €101,590 | €100,354 | -€1,236 | -1.2% |
| Current investments | 50/53 | €2,349,355 | €3,735,134 | +€1.4m | +59.0% |
| Cash at bank and in hand | 54/58 | €1,323,827 | €158,548 | -€1.2m | -88.0% |
| Deferred charges and accrued income | 490/1 | €45,736 | €44,647 | -€1,088 | -2.4% |
| Total equity and liabilities | 10/49 | €13,777,402 | €13,970,325 | +€192,922 | +1.4% |
| Equity | 10/15 | €12,131,204 | €12,602,805 | +€471,601 | +3.9% |
| Contributions | 10/11 | €4,580,628 | €4,580,628 | = | 0.0% |
| Capital | 10 | €4,580,600 | €4,580,600 | = | 0.0% |
| Issued capital | 100 | €4,580,600 | €4,580,600 | = | 0.0% |
| Contributions outside capital | 11 | €28 | €28 | = | 0.0% |
| Share premium | 1100/10 | €28 | €28 | = | 0.0% |
| Reserves | 13 | €7,539,993 | €8,015,121 | +€475,129 | +6.3% |
| Non-distributable reserves | 130/1 | €88,289 | €117,906 | +€29,617 | +33.5% |
| Legal reserve | 130 | €88,289 | €117,906 | +€29,617 | +33.5% |
| Tax-exempt reserves | 132 | €1,323,817 | €1,206,597 | -€117,220 | -8.9% |
| Distributable reserves | 133 | €6,127,886 | €6,690,618 | +€562,731 | +9.2% |
| Investment grants | 15 | €10,583 | €7,055 | -€3,528 | -33.3% |
| Provisions and deferred taxes | 16 | €446,810 | €406,814 | -€39,996 | -9.0% |
| Deferred taxes | 168 | €446,810 | €406,814 | -€39,996 | -9.0% |
| Amounts payable | 17/49 | €1,199,389 | €960,706 | -€238,682 | -19.9% |
| Amounts payable after more than one year | 17 | €807,586 | €708,772 | -€98,815 | -12.2% |
| Financial debts | 170/4 | €807,586 | €708,772 | -€98,815 | -12.2% |
| Amounts payable within one year | 42/48 | €378,599 | €222,251 | -€156,348 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €87,596 | €98,495 | +€10,899 | +12.4% |
| Trade debts | 44 | €169,681 | €44,373 | -€125,308 | -73.8% |
| Suppliers | 440/4 | €169,681 | €44,373 | -€125,308 | -73.8% |
| Advances received on contracts in progress | 46 | €87,355 | €51,364 | -€35,991 | -41.2% |
| Taxes, remuneration and social security | 45 | €24,841 | €21,132 | -€3,709 | -14.9% |
| Taxes | 450/3 | €24,841 | €21,132 | -€3,709 | -14.9% |
| Other amounts payable | 47/48 | €9,127 | €6,886 | -€2,240 | -24.5% |
| Accrued charges and deferred income | 492/3 | €13,203 | €29,684 | +€16,481 | +125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €459,092 | €495,827 | +€36,735 | +8.0% |
| Other operating charges | 640/8 | €36,733 | €36,736 | +€3 | 0.0% |
| Non-recurring operating charges | 66A | €728 | - | -€728 | |
| Gross operating margin | 9900 | €593,124 | €517,542 | -€75,582 | -12.7% |
| Operating profit (loss) | 9901 | €96,571 | -€15,021 | -€111,592 | |
| Financial income | 75/76B | €11,997 | €498,280 | +€486,283 | +4,053% |
| Recurring financial income | 75 | €11,997 | €498,280 | +€486,283 | +4,053% |
| Financial charges | 65/66B | €24,254 | €47,677 | +€23,423 | +96.6% |
| Recurring financial charges | 65 | €24,254 | €47,677 | +€23,423 | +96.6% |
| Profit (loss) for the period before taxes | 9903 | €84,314 | €435,582 | +€351,267 | +417% |
| Transfer from deferred taxes | 780 | €99,929 | €39,996 | -€59,933 | -60.0% |
| Transfer to deferred taxes | 680 | €25,384 | - | -€25,384 | |
| Income taxes | 67/77 | €1,364 | €449 | -€915 | -67.1% |
| Profit (loss) for the period | 9904 | €157,495 | €475,129 | +€317,633 | +202% |
| Transfer from tax-exempt reserves | 789 | €297,018 | €117,220 | -€179,798 | -60.5% |
| Transfer to tax-exempt reserves | 689 | €76,152 | - | -€76,152 | |
| Profit (loss) for the period to be appropriated | 9905 | €378,362 | €592,349 | +€213,987 | +56.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.