Anzar: what changed
Anzar
Largest movements
- Receivables within one year -€52,707
down €52,707 (-67.3%), from €78,271 to €25,564
of which Trade receivables: -€56,628
- Cash +€4,937
up €4,937 (+155%), from €3,184 to €8,121
mainly Receivables within one year (+€52,707) and Depreciation (+€3,185)
- Tangible fixed assets -€3,185
no longer reported in 2025 (was €3,185)
of which Land and buildings: -€2,810
- Trade debts -€44,305
down €44,305 (-86.5%), from €51,201 to €6,897
- Tax, wage and social debts -€7,596
down €7,596 (-53.3%), from €14,261 to €6,665
of which Taxes: -€5,771
- Gross operating margin -€12,938
down €12,938 (-71.6%), from €18,062 to €5,124
- Taxes -€2,787
down €2,787 (-90.3%), from €3,088 to €301
- Other operating charges -€521
down €521 (-24.3%), from €2,142 to €1,621
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,149 | €49,267 | -€51,881 | -51.3% |
| Fixed assets | 21/28 | €3,185 | - | -€3,185 | |
| Tangible fixed assets | 22/27 | €3,185 | - | -€3,185 | |
| Land and buildings | 22 | €2,810 | - | -€2,810 | |
| Plant, machinery and equipment | 23 | €375 | - | -€375 | |
| Current assets | 29/58 | €97,964 | €49,267 | -€48,697 | -49.7% |
| Stocks and contracts in progress | 3 | €15,575 | €14,598 | -€977 | -6.3% |
| Stocks | 30/36 | €15,575 | €14,598 | -€977 | -6.3% |
| Amounts receivable within one year | 40/41 | €78,271 | €25,564 | -€52,707 | -67.3% |
| Trade receivables | 40 | €59,945 | €3,316 | -€56,628 | -94.5% |
| Other amounts receivable | 41 | €18,326 | €22,248 | +€3,922 | +21.4% |
| Cash at bank and in hand | 54/58 | €3,184 | €8,121 | +€4,937 | +155% |
| Deferred charges and accrued income | 490/1 | €935 | €985 | +€50 | +5.3% |
| Total equity and liabilities | 10/49 | €101,149 | €49,267 | -€51,881 | -51.3% |
| Equity | 10/15 | €35,686 | €35,705 | +€19 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,533 | €7,533 | = | 0.0% |
| Distributable reserves | 133 | €7,533 | €7,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,553 | €9,573 | +€19 | +0.2% |
| Amounts payable | 17/49 | €65,463 | €13,562 | -€51,901 | -79.3% |
| Amounts payable within one year | 42/48 | €65,463 | €13,562 | -€51,901 | -79.3% |
| Trade debts | 44 | €51,201 | €6,897 | -€44,305 | -86.5% |
| Suppliers | 440/4 | €51,201 | €6,897 | -€44,305 | -86.5% |
| Taxes, remuneration and social security | 45 | €14,261 | €6,665 | -€7,596 | -53.3% |
| Taxes | 450/3 | €12,436 | €6,665 | -€5,771 | -46.4% |
| Remuneration and social security | 454/9 | €1,826 | - | -€1,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,206 | €3,185 | -€22 | -0.7% |
| Other operating charges | 640/8 | €2,142 | €1,621 | -€521 | -24.3% |
| Gross operating margin | 9900 | €18,062 | €5,124 | -€12,938 | -71.6% |
| Operating profit (loss) | 9901 | €12,714 | €319 | -€12,396 | -97.5% |
| Financial income | 75/76B | €2 | €2 | -€1 | -31.8% |
| Recurring financial income | 75 | €2 | €2 | -€1 | -31.8% |
| Financial charges | 65/66B | €75 | €0 | -€75 | -100.0% |
| Recurring financial charges | 65 | €75 | €0 | -€75 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €12,641 | €320 | -€12,321 | -97.5% |
| Income taxes | 67/77 | €3,088 | €301 | -€2,787 | -90.3% |
| Profit (loss) for the period | 9904 | €9,553 | €19 | -€9,534 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,553 | €19 | -€9,534 | -99.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.