diff --git a/src/Make_mvc.mak b/src/Make_mvc.mak
index 1df4de8..c13a211 100644
--- a/src/Make_mvc.mak
+++ b/src/Make_mvc.mak
@@ -631,6 +631,12 @@
 CFLAGS = $(CFLAGS) -DHAVE_STDINT_H
 !endif
 
+# Static code analysis generally available starting with VS2012 (VC11) or
+# Windows SDK 7.1 (VC10)
+!if ("$(ANALYZE)" == "yes") && ($(MSVC_MAJOR) >= 10)
+CFLAGS=$(CFLAGS) /analyze
+!endif
+
 !ifdef NODEBUG
 VIM = vim
 !if "$(OPTIMIZE)" == "SPACE"
@@ -653,12 +659,6 @@
 CFLAGS=$(CFLAGS) $(WP64CHECK)
 !endif
 
-# Static code analysis generally available starting with VS2012 (VC11) or
-# Windows SDK 7.1 (VC10)
-!if ("$(ANALYZE)" == "yes") && ($(MSVC_MAJOR) >= 10)
-CFLAGS=$(CFLAGS) /analyze
-!endif
-
 CFLAGS = $(CFLAGS) $(OPTFLAG) -DNDEBUG $(CPUARG)
 RCFLAGS = $(rcflags) $(rcvars) -DNDEBUG
 ! ifdef USE_MSVCRT