ANZIMA: 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.
ANZIMA
Largest movements
- Tangible fixed assets +€58,654
up €58,654 (+935%), from €6,274 to €64,928
- Stocks and contracts +€54,551
up €54,551 (+5,464%), from €998 to €55,549
- Receivables within one year +€24,193
up €24,193 (+12.8%), from €188,679 to €212,873
of which Other amounts receivable: +€53,852
- Cash +€18,168
up €18,168 (+36.4%), from €49,883 to €68,051
mainly Trade debts (+€71,575) and Debts after one year (+€45,313)
- Trade debts +€71,575
up €71,575 (+83.7%), from €85,536 to €157,111
- Debts after one year +€45,313
up €45,313 (+5,985%), from €757 to €46,071
- Reserves +€44,519
up €44,519 (+79.5%), from €56,020 to €100,538
of which Distributable reserves: +€44,519
- Advances received -€14,600
down €14,600 (-100%), from €14,600 to €0
- Current portion of long-term debt +€13,490
up €13,490 (+1,546%), from €872 to €14,362
- Gross operating margin +€36,729
up €36,729 (+91.5%), from €40,135 to €76,865
- Depreciation +€9,646
up €9,646 (+404%), from €2,386 to €12,032
- Taxes +€7,095
up €7,095 (+71.3%), from €9,948 to €17,044
- Financial charges +€1,887
up €1,887 (+189%), from €999 to €2,886
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 | €246,772 | €405,260 | +€158,489 | +64.2% |
| Fixed assets | 21/28 | €6,274 | €64,928 | +€58,654 | +935% |
| Tangible fixed assets | 22/27 | €6,274 | €64,928 | +€58,654 | +935% |
| Furniture and vehicles | 24 | €6,274 | €64,928 | +€58,654 | +935% |
| Current assets | 29/58 | €240,497 | €340,332 | +€99,835 | +41.5% |
| Stocks and contracts in progress | 3 | €998 | €55,549 | +€54,551 | +5,464% |
| Stocks | 30/36 | €998 | €55,549 | +€54,551 | +5,464% |
| Amounts receivable within one year | 40/41 | €188,679 | €212,873 | +€24,193 | +12.8% |
| Trade receivables | 40 | €43,935 | €14,276 | -€29,659 | -67.5% |
| Other amounts receivable | 41 | €144,744 | €198,596 | +€53,852 | +37.2% |
| Cash at bank and in hand | 54/58 | €49,883 | €68,051 | +€18,168 | +36.4% |
| Deferred charges and accrued income | 490/1 | €937 | €3,859 | +€2,922 | +312% |
| Total equity and liabilities | 10/49 | €246,772 | €405,260 | +€158,489 | +64.2% |
| Equity | 10/15 | €120,020 | €164,538 | +€44,519 | +37.1% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €56,020 | €100,538 | +€44,519 | +79.5% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Distributable reserves | 133 | €49,620 | €94,138 | +€44,519 | +89.7% |
| Amounts payable | 17/49 | €126,752 | €240,722 | +€113,970 | +89.9% |
| Amounts payable after more than one year | 17 | €757 | €46,071 | +€45,313 | +5,985% |
| Financial debts | 170/4 | €757 | €46,071 | +€45,313 | +5,985% |
| Amounts payable within one year | 42/48 | €125,933 | €194,651 | +€68,719 | +54.6% |
| Current portion of amounts payable after more than one year | 42 | €872 | €14,362 | +€13,490 | +1,546% |
| Financial debts | 43 | €12,500 | €14,366 | +€1,866 | +14.9% |
| Credit institutions | 430/8 | €12,500 | €14,366 | +€1,866 | +14.9% |
| Trade debts | 44 | €85,536 | €157,111 | +€71,575 | +83.7% |
| Suppliers | 440/4 | €85,536 | €157,111 | +€71,575 | +83.7% |
| Advances received on contracts in progress | 46 | €14,600 | €0 | -€14,600 | -100% |
| Taxes, remuneration and social security | 45 | €3,206 | €5,594 | +€2,388 | +74.5% |
| Taxes | 450/3 | €3,206 | €3,594 | +€388 | +12.1% |
| Remuneration and social security | 454/9 | €0 | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €9,218 | €3,218 | -€6,000 | -65.1% |
| Accrued charges and deferred income | 492/3 | €62 | €0 | -€62 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,386 | €12,032 | +€9,646 | +404% |
| Other operating charges | 640/8 | €715 | €548 | -€166 | -23.2% |
| Gross operating margin | 9900 | €40,135 | €76,865 | +€36,729 | +91.5% |
| Operating profit (loss) | 9901 | €37,035 | €64,284 | +€27,249 | +73.6% |
| Financial income | 75/76B | €0 | €164 | +€163 | +233,543% |
| Recurring financial income | 75 | €0 | €164 | +€163 | +233,543% |
| Financial charges | 65/66B | €999 | €2,886 | +€1,887 | +189% |
| Recurring financial charges | 65 | €999 | €2,886 | +€1,887 | +189% |
| Profit (loss) for the period before taxes | 9903 | €36,036 | €61,562 | +€25,526 | +70.8% |
| Income taxes | 67/77 | €9,948 | €17,044 | +€7,095 | +71.3% |
| Profit (loss) for the period | 9904 | €26,088 | €44,519 | +€18,431 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,088 | €44,519 | +€18,431 | +70.6% |
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 16 October 2026 via checked.be.