ANWA: 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.
ANWA
Largest movements
- Cash +€10,225
up €10,225 (+1,007%), from €1,015 to €11,240
mainly Receivables within one year (+€5,596) and Net result for the year (+€3,729)
- Receivables within one year -€5,596
down €5,596 (-72.0%), from €7,767 to €2,171
of which Trade receivables: -€5,292
- Deferred charges and accrued income -€628
down €628 (-35.6%), from €1,764 to €1,136
- Reserves +€2,110
up €2,110 (+397%), from €531 to €2,641
- Profit (loss) carried forward +€1,620
no longer reported in 2025 (was -€1,620)
- Trade debts -€1,555
down €1,555 (-39.2%), from €3,968 to €2,413
- Tax, wage and social debts +€1,167
up €1,167 (+46.7%), from €2,500 to €3,667
- Accrued charges and deferred income +€511
new in 2025: €511
- Gross operating margin +€5,526
up €5,526 (+953%), from €580 to €6,106
- Taxes +€667
new in 2025: €667
- Depreciation -€627
down €627 (-40.2%), from €1,559 to €931
- Other operating charges +€135
up €135 (+24.6%), from €550 to €685
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,580 | €15,432 | +€3,852 | +33.3% |
| Fixed assets | 21/28 | €1,034 | €884 | -€149 | -14.5% |
| Tangible fixed assets | 22/27 | €854 | €704 | -€149 | -17.5% |
| Plant, machinery and equipment | 23 | €854 | €704 | -€149 | -17.5% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €10,546 | €14,548 | +€4,001 | +37.9% |
| Amounts receivable within one year | 40/41 | €7,767 | €2,171 | -€5,596 | -72.0% |
| Trade receivables | 40 | €5,909 | €618 | -€5,292 | -89.5% |
| Other amounts receivable | 41 | €1,858 | €1,553 | -€304 | -16.4% |
| Cash at bank and in hand | 54/58 | €1,015 | €11,240 | +€10,225 | +1,007% |
| Deferred charges and accrued income | 490/1 | €1,764 | €1,136 | -€628 | -35.6% |
| Total equity and liabilities | 10/49 | €11,580 | €15,432 | +€3,852 | +33.3% |
| Equity | 10/15 | €5,112 | €8,841 | +€3,729 | +73.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €531 | €2,641 | +€2,110 | +397% |
| Distributable reserves | 133 | €531 | €2,641 | +€2,110 | +397% |
| Profit (loss) carried forward | 14 | -€1,620 | - | +€1,620 | |
| Amounts payable | 17/49 | €6,468 | €6,591 | +€122 | +1.9% |
| Amounts payable within one year | 42/48 | €6,468 | €6,080 | -€388 | -6.0% |
| Trade debts | 44 | €3,968 | €2,413 | -€1,555 | -39.2% |
| Suppliers | 440/4 | €3,968 | €2,413 | -€1,555 | -39.2% |
| Taxes, remuneration and social security | 45 | €2,500 | €3,667 | +€1,167 | +46.7% |
| Taxes | 450/3 | €2,500 | €3,667 | +€1,167 | +46.7% |
| Accrued charges and deferred income | 492/3 | - | €511 | +€511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,559 | €931 | -€627 | -40.2% |
| Other operating charges | 640/8 | €550 | €685 | +€135 | +24.6% |
| Gross operating margin | 9900 | €580 | €6,106 | +€5,526 | +953% |
| Operating profit (loss) | 9901 | -€1,529 | €4,490 | +€6,018 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €91 | €93 | +€2 | +2.2% |
| Recurring financial charges | 65 | €91 | €93 | +€2 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,620 | €4,397 | +€6,017 | |
| Income taxes | 67/77 | - | €667 | +€667 | |
| Profit (loss) for the period | 9904 | -€1,620 | €3,729 | +€5,349 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,620 | €3,729 | +€5,349 |
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 21 October 2026 via checked.be.