L'anima: 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.
L'anima
Largest movements
- Cash -€31,748
down €31,748 (-35.9%), from €88,339 to €56,590
mainly Other debts (-€46,796) and Investment in fixed assets (net) (-€38,577)
- Other debts -€46,796
down €46,796 (-33.5%), from €139,521 to €92,725
- Reserves +€11,810
up €11,810 (+10.6%), from €111,898 to €123,708
of which Distributable reserves: +€18,951
- Gross operating margin -€14,173
down €14,173 (-16.4%), from €86,622 to €72,449
- Financial charges -€5,891
down €5,891 (-41.5%), from €14,191 to €8,299
- Taxes +€4,186
up €4,186 (+139.3%), from €3,005 to €7,191
- Financial income -€1,954
no longer reported in 2025 (was €1,954)
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 | €750,502 | €710,360 | -€40,142 | -5.3% |
| Fixed assets | 21/28 | €655,556 | €651,126 | -€4,429 | -0.7% |
| Tangible fixed assets | 22/27 | €655,556 | €651,126 | -€4,429 | -0.7% |
| Land and buildings | 22 | €556,211 | €544,922 | -€11,289 | -2.0% |
| Plant, machinery and equipment | 23 | €68,876 | €72,842 | +€3,966 | +5.8% |
| Furniture and vehicles | 24 | €30,468 | €33,362 | +€2,893 | +9.5% |
| Current assets | 29/58 | €94,946 | €59,233 | -€35,713 | -37.6% |
| Amounts receivable within one year | 40/41 | €5,047 | €2,612 | -€2,436 | -48.3% |
| Trade receivables | 40 | €3,428 | €2,612 | -€816 | -23.8% |
| Other amounts receivable | 41 | €1,620 | - | -€1,620 | |
| Cash at bank and in hand | 54/58 | €88,339 | €56,590 | -€31,748 | -35.9% |
| Deferred charges and accrued income | 490/1 | €1,560 | €31 | -€1,528 | -98.0% |
| Total equity and liabilities | 10/49 | €750,502 | €710,360 | -€40,142 | -5.3% |
| Equity | 10/15 | €569,568 | €581,378 | +€11,810 | +2.1% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Revaluation surpluses | 12 | €7,670 | €7,670 | = | 0.0% |
| Reserves | 13 | €111,898 | €123,708 | +€11,810 | +10.6% |
| Tax-exempt reserves | 132 | €60,831 | €53,691 | -€7,141 | -11.7% |
| Distributable reserves | 133 | €51,067 | €70,018 | +€18,951 | +37.1% |
| Provisions and deferred taxes | 16 | €20,277 | €17,897 | -€2,380 | -11.7% |
| Deferred taxes | 168 | €20,277 | €17,897 | -€2,380 | -11.7% |
| Amounts payable | 17/49 | €160,657 | €111,084 | -€49,572 | -30.9% |
| Amounts payable within one year | 42/48 | €147,106 | €102,089 | -€45,017 | -30.6% |
| Trade debts | 44 | €2,064 | - | -€2,064 | |
| Suppliers | 440/4 | €2,064 | - | -€2,064 | |
| Taxes, remuneration and social security | 45 | €5,520 | €9,364 | +€3,844 | +69.6% |
| Taxes | 450/3 | €5,520 | €9,364 | +€3,844 | +69.6% |
| Other amounts payable | 47/48 | €139,521 | €92,725 | -€46,796 | -33.5% |
| Accrued charges and deferred income | 492/3 | €13,551 | €8,996 | -€4,555 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,143 | €43,006 | +€864 | +2.0% |
| Other operating charges | 640/8 | €3,839 | €4,522 | +€683 | +17.8% |
| Gross operating margin | 9900 | €86,622 | €72,449 | -€14,173 | -16.4% |
| Operating profit (loss) | 9901 | €40,640 | €24,920 | -€15,720 | -38.7% |
| Financial income | 75/76B | €1,954 | - | -€1,954 | |
| Recurring financial income | 75 | €1,954 | - | -€1,954 | |
| Financial charges | 65/66B | €14,191 | €8,299 | -€5,891 | -41.5% |
| Recurring financial charges | 65 | €14,191 | €8,299 | -€5,891 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €28,403 | €16,621 | -€11,782 | -41.5% |
| Transfer from deferred taxes | 780 | €737 | €2,380 | +€1,643 | +223.0% |
| Income taxes | 67/77 | €3,005 | €7,191 | +€4,186 | +139.3% |
| Profit (loss) for the period | 9904 | €26,136 | €11,810 | -€14,325 | -54.8% |
| Transfer from tax-exempt reserves | 789 | €2,210 | €7,141 | +€4,930 | +223.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,346 | €18,951 | -€9,395 | -33.1% |
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 6 October 2026 via checked.be.