Anwal: 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.
Anwal
Largest movements
- Receivables within one year +€46,628
up €46,628 (+81.5%), from €57,243 to €103,871
of which Other amounts receivable: +€52,336
- Cash +€15,783
up €15,783 (+35.4%), from €44,646 to €60,430
mainly Net result for the year (+€68,017) and Tax, wage and social debts (+€4,447)
- Reserves +€68,017
up €68,017 (+125%), from €54,403 to €122,420
- Other debts -€6,312
down €6,312 (-100%), from €6,312 to €0
- Tax, wage and social debts +€4,447
up €4,447 (+13.1%), from €33,849 to €38,296
- Trade debts -€3,184
down €3,184 (-34.1%), from €9,330 to €6,146
- Gross operating margin +€58,004
up €58,004 (+183%), from €31,697 to €89,701
- Taxes +€10,867
up €10,867 (+175%), from €6,222 to €17,089
- Financial income -€2,290
down €2,290 (-87.1%), from €2,630 to €339
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 | €107,030 | €170,181 | +€63,151 | +59.0% |
| Fixed assets | 21/28 | €4,371 | €5,148 | +€776 | +17.8% |
| Tangible fixed assets | 22/27 | €4,371 | €5,148 | +€776 | +17.8% |
| Plant, machinery and equipment | 23 | - | €1,570 | +€1,570 | |
| Furniture and vehicles | 24 | €4,371 | €3,578 | -€794 | -18.2% |
| Current assets | 29/58 | €102,658 | €165,033 | +€62,375 | +60.8% |
| Amounts receivable within one year | 40/41 | €57,243 | €103,871 | +€46,628 | +81.5% |
| Trade receivables | 40 | €37,676 | €31,968 | -€5,708 | -15.2% |
| Other amounts receivable | 41 | €19,567 | €71,903 | +€52,336 | +267% |
| Cash at bank and in hand | 54/58 | €44,646 | €60,430 | +€15,783 | +35.4% |
| Deferred charges and accrued income | 490/1 | €769 | €733 | -€36 | -4.7% |
| Total equity and liabilities | 10/49 | €107,030 | €170,181 | +€63,151 | +59.0% |
| Equity | 10/15 | €57,403 | €125,420 | +€68,017 | +118% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,403 | €122,420 | +€68,017 | +125% |
| Distributable reserves | 133 | €54,403 | €122,420 | +€68,017 | +125% |
| Amounts payable | 17/49 | €49,626 | €44,761 | -€4,866 | -9.8% |
| Amounts payable within one year | 42/48 | €49,491 | €44,442 | -€5,049 | -10.2% |
| Trade debts | 44 | €9,330 | €6,146 | -€3,184 | -34.1% |
| Suppliers | 440/4 | €9,330 | €6,146 | -€3,184 | -34.1% |
| Taxes, remuneration and social security | 45 | €33,849 | €38,296 | +€4,447 | +13.1% |
| Taxes | 450/3 | €33,849 | €38,296 | +€4,447 | +13.1% |
| Other amounts payable | 47/48 | €6,312 | €0 | -€6,312 | -100% |
| Accrued charges and deferred income | 492/3 | €136 | €319 | +€183 | +135% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,608 | €2,110 | +€503 | +31.3% |
| Other operating charges | 640/8 | €1,353 | €1,448 | +€95 | +7.0% |
| Gross operating margin | 9900 | €31,697 | €89,701 | +€58,004 | +183% |
| Operating profit (loss) | 9901 | €28,736 | €86,142 | +€57,406 | +200% |
| Financial income | 75/76B | €2,630 | €339 | -€2,290 | -87.1% |
| Recurring financial income | 75 | €2,630 | €339 | -€2,290 | -87.1% |
| Financial charges | 65/66B | €1,296 | €1,376 | +€80 | +6.2% |
| Recurring financial charges | 65 | €1,296 | €1,376 | +€80 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €30,070 | €85,106 | +€55,036 | +183% |
| Income taxes | 67/77 | €6,222 | €17,089 | +€10,867 | +175% |
| Profit (loss) for the period | 9904 | €23,848 | €68,017 | +€44,169 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €23,848 | €68,017 | +€44,169 | +185% |
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 18 October 2026 via checked.be.