ANICOM: 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.
What changed
ANICOM
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€30.1m
2024 · €1.3m+€28.8m
Equity
€1.41bn
2024 · €1.38bn+€30.0m
Cash
€36.4m
2024 · €14.5m+€21.9m
Balance sheet total
€1.42bn
2024 · €1.38bn+€40.1m
Largest movements
Assets
- Financial fixed assets +€25.7m
up €25.7m (+1.9%), from €1.35bn to €1.37bn
- Cash +€21.9m
up €21.9m (+151%), from €14.5m to €36.4m
mainly Net result for the year (+€30.1m) and Short-term financial debts (+€10.0m)
Equity and liabilities
- Reserves +€30.0m
up €30.0m (+2.4%), from €1.23bn to €1.26bn
of which Distributable reserves: +€30.0m
Income statement
- Financial charges -€94.6m
down €94.6m (-43.6%), from €217.1m to €122.5m
of which Non-recurring financial charges: -€93.7m
- Financial income -€66.0m
down €66.0m (-30.0%), from €220.4m to €154.4m
of which Non-recurring financial income: -€60.9m
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.
Result 2024
€1.3m
Staff costs
-€140,740
Depreciation
+€1,347
Other operating charges
-€312
Other operating items
+€351,590
Financial income
-€66.0m
Financial charges
+€94.6m
Taxes
-€9,901
Result 2025
€30.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€30.3m
Investment
-€18.3m
Financing
+€9.9m
Cash 2024
€14.5m
From operations (derived)
+€30.3m
Net result for the year
+€30.1m
Depreciation
+€52,343
Smaller working-capital items
+€136,864
Investment (derived)
-€18.3m
Investment in fixed assets (net)
-€25.8m
Current investments
+€7.5m
Financing
+€9.9m
Short-term financial debts
+€10.0m
Contributions, distributions and other
-€89,000
Cash 2025
€36.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,379,775,195 | €1,419,874,272 | +€40.1m | +2.9% |
| Fixed assets | 21/28 | €1,349,417,913 | €1,375,124,688 | +€25.7m | +1.9% |
| Tangible fixed assets | 22/27 | €834,486 | €829,173 | -€5,313 | -0.6% |
| Land and buildings | 22 | €738,611 | €710,715 | -€27,896 | -3.8% |
| Furniture and vehicles | 24 | €91,058 | €118,459 | +€27,401 | +30.1% |
| Other tangible fixed assets | 26 | €4,818 | - | -€4,818 | |
| Financial fixed assets | 28 | €1,348,583,426 | €1,374,295,515 | +€25.7m | +1.9% |
| Other financial fixed assets | 284/8 | €1,348,583,426 | €1,374,295,515 | +€25.7m | +1.9% |
| Shares | 284 | €1,348,582,816 | €1,374,294,904 | +€25.7m | +1.9% |
| Amounts receivable and cash guarantees | 285/8 | €611 | €611 | = | 0.0% |
| Current assets | 29/58 | €30,357,283 | €44,749,584 | +€14.4m | +47.4% |
| Amounts receivable within one year | 40/41 | €4,334,197 | €4,293,228 | -€40,969 | -0.9% |
| Trade receivables | 40 | €9,625 | €1,851 | -€7,774 | -80.8% |
| Other amounts receivable | 41 | €4,324,571 | €4,291,377 | -€33,194 | -0.8% |
| Current investments | 50/53 | €11,451,831 | €4,000,000 | -€7.5m | -65.1% |
| Other investments | 51/53 | €11,451,831 | €4,000,000 | -€7.5m | -65.1% |
| Cash at bank and in hand | 54/58 | €14,494,625 | €36,396,442 | +€21.9m | +151% |
| Deferred charges and accrued income | 490/1 | €76,630 | €59,915 | -€16,715 | -21.8% |
| Total equity and liabilities | 10/49 | €1,379,775,195 | €1,419,874,272 | +€40.1m | +2.9% |
| Equity | 10/15 | €1,377,749,240 | €1,407,769,137 | +€30.0m | +2.2% |
| Contributions | 10/11 | €149,700,000 | €149,700,000 | = | 0.0% |
| Capital | 10 | €149,700,000 | €149,700,000 | = | 0.0% |
| Issued capital | 100 | €149,700,000 | €149,700,000 | = | 0.0% |
| Reserves | 13 | €1,227,970,000 | €1,257,970,000 | +€30.0m | +2.4% |
| Non-distributable reserves | 130/1 | €14,970,000 | €14,970,000 | = | 0.0% |
| Legal reserve | 130 | €14,970,000 | €14,970,000 | = | 0.0% |
| Distributable reserves | 133 | €1,213,000,000 | €1,243,000,000 | +€30.0m | +2.5% |
| Profit (loss) carried forward | 14 | €79,240 | €99,137 | +€19,896 | +25.1% |
| Amounts payable | 17/49 | €2,025,955 | €12,105,136 | +€10.1m | +498% |
| Amounts payable within one year | 42/48 | €1,926,439 | €11,959,546 | +€10.0m | +521% |
| Financial debts | 43 | - | €10,000,000 | +€10.0m | |
| Credit institutions | 430/8 | - | €10,000,000 | +€10.0m | |
| Trade debts | 44 | €218,352 | €173,485 | -€44,867 | -20.5% |
| Suppliers | 440/4 | €218,352 | €173,485 | -€44,867 | -20.5% |
| Taxes, remuneration and social security | 45 | €1,658,087 | €1,697,061 | +€38,974 | +2.4% |
| Taxes | 450/3 | €1,629,594 | €1,667,421 | +€37,827 | +2.3% |
| Remuneration and social security | 454/9 | €28,493 | €29,640 | +€1,147 | +4.0% |
| Other amounts payable | 47/48 | €50,000 | €89,000 | +€39,000 | +78.0% |
| Accrued charges and deferred income | 492/3 | €99,516 | €145,589 | +€46,074 | +46.3% |
| Operating income | 70/76A | €1,984 | €211,863 | +€209,879 | +10,578% |
| Other operating income | 74 | €1,984 | €211,863 | +€209,879 | +10,578% |
| Operating charges | 60/66A | €1,925,839 | €1,923,834 | -€2,006 | -0.1% |
| Services and other goods | 61 | €1,658,194 | €1,516,482 | -€141,711 | -8.5% |
| Remuneration, social security and pensions | 62 | €196,242 | €336,982 | +€140,740 | +71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,689 | €52,343 | -€1,347 | -2.5% |
| Other operating charges | 640/8 | €17,714 | €18,027 | +€312 | +1.8% |
| Operating profit (loss) | 9901 | -€1,923,855 | -€1,711,970 | +€211,885 | +11.0% |
| Financial income | 75/76B | €220,399,605 | €154,385,888 | -€66.0m | -30.0% |
| Recurring financial income | 75 | €31,673,933 | €26,590,595 | -€5.1m | -16.0% |
| Income from financial fixed assets | 750 | €28,311,253 | €25,972,510 | -€2.3m | -8.3% |
| Income from current assets | 751 | €521,886 | €498,254 | -€23,632 | -4.5% |
| Other financial income | 752/9 | €2,840,794 | €119,831 | -€2.7m | -95.8% |
| Non-recurring financial income | 76B | €188,725,672 | €127,795,294 | -€60.9m | -32.3% |
| Financial charges | 65/66B | €217,136,210 | €122,542,440 | -€94.6m | -43.6% |
| Recurring financial charges | 65 | €4,768,371 | €3,865,732 | -€902,640 | -18.9% |
| Debt charges | 650 | €15,627 | €214,121 | +€198,494 | +1,270% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€11,967,555 | - | +€12.0m | |
| Other financial charges | 652/9 | €16,720,299 | €3,651,611 | -€13.1m | -78.2% |
| Non-recurring financial charges | 66B | €212,367,839 | €118,676,709 | -€93.7m | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €1,339,540 | €30,131,478 | +€28.8m | +2,149% |
| Income taxes | 67/77 | €12,680 | €22,581 | +€9,901 | +78.1% |
| Taxes | 670/3 | €12,680 | €22,581 | +€9,901 | +78.1% |
| Profit (loss) for the period | 9904 | €1,326,859 | €30,108,896 | +€28.8m | +2,169% |
| Profit (loss) for the period to be appropriated | 9905 | €1,326,859 | €30,108,896 | +€28.8m | +2,169% |
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 26 October 2026 via checked.be.