ANEBEL: 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.
ANEBEL
Largest movements
- Cash +€46,569
up €46,569 (+289.1%), from €16,111 to €62,679
mainly Stocks and contracts (+€40,000) and Receivables within one year (+€39,146)
- Stocks and contracts -€40,000
down €40,000 (-26.1%), from €152,985 to €112,985
- Receivables within one year -€39,146
down €39,146 (-43.3%), from €90,384 to €51,237
of which Other amounts receivable: -€23,017
- Profit (loss) carried forward -€24,204
down €24,204 (-25.1%), from €96,326 to €72,122
- Trade debts -€19,126
down €19,126 (-21.1%), from €90,553 to €71,427
- Debts after one year +€15,000
new in 2025: €15,000
- Tax, wage and social debts -€4,388
down €4,388 (-60.8%), from €7,212 to €2,824
of which Remuneration and social security: -€6,022
- Write-downs +€40,000
new in 2025: €40,000
- Staff costs -€37,248
down €37,248 (-99.0%), from €37,634 to €387
- Taxes -€4,002
down €4,002 (-95.8%), from €4,178 to €176
- Gross operating margin +€1,386
up €1,386 (+2.5%), from €56,485 to €57,871
- Depreciation -€745
down €745 (-17.4%), from €4,280 to €3,535
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 | €265,933 | €232,363 | -€33,570 | -12.6% |
| Fixed assets | 21/28 | €4,779 | €3,598 | -€1,181 | -24.7% |
| Tangible fixed assets | 22/27 | €4,063 | €2,881 | -€1,181 | -29.1% |
| Furniture and vehicles | 24 | €4,063 | €2,881 | -€1,181 | -29.1% |
| Financial fixed assets | 28 | €716 | €716 | = | 0.0% |
| Current assets | 29/58 | €261,154 | €228,766 | -€32,388 | -12.4% |
| Stocks and contracts in progress | 3 | €152,985 | €112,985 | -€40,000 | -26.1% |
| Stocks | 30/36 | €152,985 | €112,985 | -€40,000 | -26.1% |
| Amounts receivable within one year | 40/41 | €90,384 | €51,237 | -€39,146 | -43.3% |
| Trade receivables | 40 | €49,538 | €33,408 | -€16,129 | -32.6% |
| Other amounts receivable | 41 | €40,846 | €17,829 | -€23,017 | -56.4% |
| Cash at bank and in hand | 54/58 | €16,111 | €62,679 | +€46,569 | +289.1% |
| Deferred charges and accrued income | 490/1 | €1,675 | €1,864 | +€189 | +11.3% |
| Total equity and liabilities | 10/49 | €265,933 | €232,363 | -€33,570 | -12.6% |
| Equity | 10/15 | €165,736 | €141,532 | -€24,204 | -14.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,326 | €72,122 | -€24,204 | -25.1% |
| Amounts payable | 17/49 | €100,197 | €90,831 | -€9,365 | -9.3% |
| Amounts payable after more than one year | 17 | - | €15,000 | +€15,000 | |
| Other amounts payable | 178/9 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €100,197 | €75,831 | -€24,365 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | 0.0% |
| Financial debts | 43 | €2,431 | €1,580 | -€851 | -35.0% |
| Other loans | 439 | €2,431 | €1,580 | -€851 | -35.0% |
| Trade debts | 44 | €90,553 | €71,427 | -€19,126 | -21.1% |
| Suppliers | 440/4 | €90,553 | €71,427 | -€19,126 | -21.1% |
| Taxes, remuneration and social security | 45 | €7,212 | €2,824 | -€4,388 | -60.8% |
| Taxes | 450/3 | €1,191 | €2,824 | +€1,634 | +137.2% |
| Remuneration and social security | 454/9 | €6,022 | - | -€6,022 | |
| Non-recurring operating income | 76A | - | €384 | +€384 | |
| Remuneration, social security and pensions | 62 | €37,634 | €387 | -€37,248 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,280 | €3,535 | -€745 | -17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €40,000 | +€40,000 | |
| Other operating charges | 640/8 | €660 | €677 | +€17 | +2.6% |
| Non-recurring operating charges | 66A | €59 | - | -€59 | |
| Gross operating margin | 9900 | €56,485 | €57,871 | +€1,386 | +2.5% |
| Operating profit (loss) | 9901 | €13,852 | €13,272 | -€580 | -4.2% |
| Financial income | 75/76B | €2,002 | €1,608 | -€394 | -19.7% |
| Recurring financial income | 75 | €2,002 | €1,608 | -€394 | -19.7% |
| Financial charges | 65/66B | €1,896 | €2,408 | +€512 | +27.0% |
| Recurring financial charges | 65 | €1,896 | €2,408 | +€512 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €13,958 | €12,471 | -€1,486 | -10.6% |
| Income taxes | 67/77 | €4,178 | €176 | -€4,002 | -95.8% |
| Profit (loss) for the period | 9904 | €9,780 | €12,296 | +€2,516 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,780 | €12,296 | +€2,516 | +25.7% |
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 10 October 2026 via checked.be.