ANDI: what changed
ANDI
Largest movements
- Cash -€17,738
down €17,738 (-73.8%), from €24,023 to €6,285
mainly Tax, wage and social debts (-€39,163) and Contributions, distributions and other (-€0)
- Receivables within one year -€11,411
down €11,411 (-10.1%), from €113,222 to €101,811
- Tax, wage and social debts -€39,163
no longer reported in 2025 (was €39,163)
- Profit (loss) carried forward +€10,012
new in 2025: €10,012
- Gross operating margin -€93,398
down €93,398 (-82.2%), from €113,671 to €20,273
- Taxes -€39,163
no longer reported in 2025 (was €39,163)
- Other operating charges +€8,113
up €8,113 (+378%), from €2,148 to €10,261
- Financial income -€3,449
no longer reported in 2025 (was €3,449)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,513 | €177,363 | -€29,150 | -14.1% |
| Fixed assets | 21/28 | €18,280 | €18,280 | +€0 | 0.0% |
| Tangible fixed assets | 22/27 | €18,280 | €18,280 | +€0 | 0.0% |
| Land and buildings | 22 | €18,280 | €18,280 | +€0 | 0.0% |
| Current assets | 29/58 | €188,233 | €159,083 | -€29,150 | -15.5% |
| Amounts receivable after more than one year | 29 | €50,988 | €50,987 | -€1 | 0.0% |
| Other amounts receivable | 291 | €50,988 | €50,987 | -€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €113,222 | €101,811 | -€11,411 | -10.1% |
| Other amounts receivable | 41 | €113,222 | €101,811 | -€11,411 | -10.1% |
| Cash at bank and in hand | 54/58 | €24,023 | €6,285 | -€17,738 | -73.8% |
| Total equity and liabilities | 10/49 | €206,513 | €177,363 | -€29,150 | -14.1% |
| Equity | 10/15 | €167,350 | €177,362 | +€10,012 | +6.0% |
| Contributions | 10/11 | €37,184 | €37,184 | -€0 | 0.0% |
| Reserves | 13 | €130,166 | €130,166 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | -€0 | 0.0% |
| Distributable reserves | 133 | €126,448 | €126,448 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €10,012 | +€10,012 | |
| Amounts payable | 17/49 | €39,163 | €1 | -€39,162 | -100.0% |
| Amounts payable within one year | 42/48 | €39,163 | - | -€39,163 | |
| Taxes, remuneration and social security | 45 | €39,163 | - | -€39,163 | |
| Taxes | 450/3 | €39,163 | - | -€39,163 | |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Non-recurring operating income | 76A | €112,298 | - | -€112,298 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€869 | - | +€869 | |
| Other operating charges | 640/8 | €2,148 | €10,261 | +€8,113 | +378% |
| Gross operating margin | 9900 | €113,671 | €20,273 | -€93,398 | -82.2% |
| Operating profit (loss) | 9901 | €112,392 | €10,012 | -€102,380 | -91.1% |
| Financial income | 75/76B | €3,449 | - | -€3,449 | |
| Recurring financial income | 75 | €3,449 | - | -€3,449 | |
| Financial charges | 65/66B | €193 | - | -€193 | |
| Recurring financial charges | 65 | €193 | - | -€193 | |
| Profit (loss) for the period before taxes | 9903 | €115,649 | €10,012 | -€105,637 | -91.3% |
| Income taxes | 67/77 | €39,163 | - | -€39,163 | |
| Profit (loss) for the period | 9904 | €76,486 | €10,012 | -€66,474 | -86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €76,486 | €10,012 | -€66,474 | -86.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.