RD ANESTH: 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.
RD ANESTH
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€97,760
down €97,760 (-32.3%), from €302,371 to €204,611
mainly Current investments (-€200,000) and Debts after one year (-€12,635)
- Tangible fixed assets -€12,760
down €12,760 (-19.3%), from €66,017 to €53,258
- Deferred charges and accrued income +€9,507
up €9,507 (+37.3%), from €25,478 to €34,985
- Receivables within one year +€7,109
up €7,109, from €0 to €7,109
of which Other amounts receivable: +€7,109
- Profit (loss) carried forward +€109,551
up €109,551 (+46.7%), from €234,394 to €343,945
- Provisions +€21,722
up €21,722 (+62.3%), from €34,868 to €56,590
- Debts after one year -€12,635
down €12,635 (-24.4%), from €51,880 to €39,245
- Tax, wage and social debts -€12,523
down €12,523 (-22.3%), from €56,071 to €43,548
of which Taxes: -€12,523
- Financial charges +€34,818
up €34,818 (+3,874%), from €899 to €35,717
- Write-downs -€13,146
down €13,146 (-37.7%), from €34,868 to €21,722
- Depreciation +€12,364
up €12,364 (+724%), from €1,707 to €14,071
- Taxes -€12,073
down €12,073 (-23.5%), from €51,437 to €39,364
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 | €393,866 | €499,962 | +€106,096 | +26.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €66,017 | €53,258 | -€12,760 | -19.3% |
| Tangible fixed assets | 22/27 | €66,017 | €53,258 | -€12,760 | -19.3% |
| Furniture and vehicles | 24 | €66,017 | €53,258 | -€12,760 | -19.3% |
| Current assets | 29/58 | €327,849 | €446,705 | +€118,855 | +36.3% |
| Amounts receivable within one year | 40/41 | €0 | €7,109 | +€7,109 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €7,109 | +€7,109 | |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €302,371 | €204,611 | -€97,760 | -32.3% |
| Deferred charges and accrued income | 490/1 | €25,478 | €34,985 | +€9,507 | +37.3% |
| Total equity and liabilities | 10/49 | €393,866 | €499,962 | +€106,096 | +26.9% |
| Equity | 10/15 | €238,394 | €347,945 | +€109,551 | +46.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,394 | €343,945 | +€109,551 | +46.7% |
| Provisions and deferred taxes | 16 | €34,868 | €56,590 | +€21,722 | +62.3% |
| Deferred taxes | 168 | €34,868 | €56,590 | +€21,722 | +62.3% |
| Amounts payable | 17/49 | €120,605 | €95,427 | -€25,177 | -20.9% |
| Amounts payable after more than one year | 17 | €51,880 | €39,245 | -€12,635 | -24.4% |
| Financial debts | 170/4 | €51,880 | €39,245 | -€12,635 | -24.4% |
| Amounts payable within one year | 42/48 | €68,725 | €56,183 | -€12,542 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €12,238 | €12,635 | +€397 | +3.2% |
| Trade debts | 44 | €23 | €0 | -€23 | -100% |
| Suppliers | 440/4 | €23 | €0 | -€23 | -100% |
| Taxes, remuneration and social security | 45 | €56,071 | €43,548 | -€12,523 | -22.3% |
| Taxes | 450/3 | €54,071 | €41,548 | -€12,523 | -23.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €393 | €0 | -€393 | -100% |
| Remuneration, social security and pensions | 62 | €2,180 | €1,874 | -€306 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,707 | €14,071 | +€12,364 | +724% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,868 | €21,722 | -€13,146 | -37.7% |
| Other operating charges | 640/8 | €282 | €1,129 | +€847 | +300% |
| Gross operating margin | 9900 | €222,806 | €222,209 | -€598 | -0.3% |
| Operating profit (loss) | 9901 | €183,770 | €183,413 | -€357 | -0.2% |
| Financial income | 75/76B | €0 | €1,220 | +€1,219 | +1,524,325% |
| Recurring financial income | 75 | €0 | €1,220 | +€1,219 | +1,524,325% |
| Financial charges | 65/66B | €899 | €35,717 | +€34,818 | +3,874% |
| Recurring financial charges | 65 | €899 | €35,717 | +€34,818 | +3,874% |
| Profit (loss) for the period before taxes | 9903 | €182,871 | €148,915 | -€33,956 | -18.6% |
| Income taxes | 67/77 | €51,437 | €39,364 | -€12,073 | -23.5% |
| Profit (loss) for the period | 9904 | €131,434 | €109,551 | -€21,883 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €131,434 | €109,551 | -€21,883 | -16.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.