ANWIKU: 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.
ANWIKU
Largest movements
- Stocks and contracts +€280,950
up €280,950 (+48.8%), from €575,605 to €856,554
of which Stocks: +€381,950
- Receivables within one year +€241,592
up €241,592 (+1172.7%), from €20,601 to €262,192
of which Trade receivables: +€221,080
- Short-term financial debts +€351,159
up €351,159 (+134.5%), from €261,061 to €612,220
- Trade debts +€94,929
up €94,929 (+131.2%), from €72,377 to €167,306
- Other debts +€73,335
up €73,335 (+60.4%), from €121,459 to €194,794
- Financial charges +€12,747
up €12,747 (+32.0%), from €39,846 to €52,592
- Taxes -€6,700
down €6,700 (-70.8%), from €9,459 to €2,760
- Other operating charges -€3,868
down €3,868 (-61.4%), from €6,296 to €2,428
- Gross operating margin -€3,237
down €3,237 (-4.3%), from €74,457 to €71,220
- Depreciation -€1,067
down €1,067 (-33.3%), from €3,200 to €2,133
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 | €614,127 | €1,133,188 | +€519,062 | +84.5% |
| Fixed assets | 21/28 | €14,669 | €12,536 | -€2,133 | -14.5% |
| Tangible fixed assets | 22/27 | €2,133 | €0 | -€2,133 | -100.0% |
| Plant, machinery and equipment | 23 | €2,133 | €0 | -€2,133 | -100.0% |
| Financial fixed assets | 28 | €12,536 | €12,536 | = | 0.0% |
| Current assets | 29/58 | €599,457 | €1,120,652 | +€521,195 | +86.9% |
| Stocks and contracts in progress | 3 | €575,605 | €856,554 | +€280,950 | +48.8% |
| Stocks | 30/36 | €474,605 | €856,554 | +€381,950 | +80.5% |
| Contracts in progress | 37 | €101,000 | €0 | -€101,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €20,601 | €262,192 | +€241,592 | +1172.7% |
| Trade receivables | 40 | €9,821 | €230,900 | +€221,080 | +2251.2% |
| Other amounts receivable | 41 | €10,780 | €31,292 | +€20,512 | +190.3% |
| Cash at bank and in hand | 54/58 | €3,252 | €1,005 | -€2,246 | -69.1% |
| Deferred charges and accrued income | 490/1 | €0 | €900 | +€900 | |
| Total equity and liabilities | 10/49 | €614,127 | €1,133,188 | +€519,062 | +84.5% |
| Equity | 10/15 | €120,924 | €125,191 | +€4,266 | +3.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €102,332 | €106,599 | +€4,266 | +4.2% |
| Distributable reserves | 133 | €102,332 | €106,599 | +€4,266 | +4.2% |
| Amounts payable | 17/49 | €493,202 | €1,007,997 | +€514,795 | +104.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €492,752 | €1,007,547 | +€514,795 | +104.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €261,061 | €612,220 | +€351,159 | +134.5% |
| Credit institutions | 430/8 | €261,061 | €612,220 | +€351,159 | +134.5% |
| Trade debts | 44 | €72,377 | €167,306 | +€94,929 | +131.2% |
| Suppliers | 440/4 | €72,377 | €167,306 | +€94,929 | +131.2% |
| Advances received on contracts in progress | 46 | - | €303 | +€303 | |
| Taxes, remuneration and social security | 45 | €37,855 | €32,924 | -€4,931 | -13.0% |
| Taxes | 450/3 | €36,855 | €32,924 | -€3,931 | -10.7% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts payable | 47/48 | €121,459 | €194,794 | +€73,335 | +60.4% |
| Accrued charges and deferred income | 492/3 | €450 | €450 | = | 0.0% |
| Non-recurring operating income | 76A | - | €13,300 | +€13,300 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,200 | €2,133 | -€1,067 | -33.3% |
| Other operating charges | 640/8 | €6,296 | €2,428 | -€3,868 | -61.4% |
| Non-recurring operating charges | 66A | - | €7,050 | +€7,050 | |
| Gross operating margin | 9900 | €74,457 | €71,220 | -€3,237 | -4.3% |
| Operating profit (loss) | 9901 | €64,961 | €59,609 | -€5,352 | -8.2% |
| Financial income | 75/76B | €268 | €9 | -€259 | -96.6% |
| Recurring financial income | 75 | €268 | €9 | -€259 | -96.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €39,846 | €52,592 | +€12,747 | +32.0% |
| Recurring financial charges | 65 | €39,846 | €52,592 | +€12,747 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €25,383 | €7,026 | -€18,357 | -72.3% |
| Income taxes | 67/77 | €9,459 | €2,760 | -€6,700 | -70.8% |
| Profit (loss) for the period | 9904 | €15,924 | €4,266 | -€11,658 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,924 | €4,266 | -€11,658 | -73.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.