ANACO
ActiveSummary
ANACO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of €1.3m. Equity is growing by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 54 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+17
Solvency71▲+10
Growth83▲+21
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300,000 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.53 in 2024; short-term debt: 46.5% and cash: 6.4% of total assets), but 54.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Water transport (NACE 50)
about 39% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.9%
Return on assets
14.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
30 d early
2023
20 d early
2022
47 d early
2021
46 d early
2020
44 d early
2019
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, full schema
Turnover
€42.0m▲ 29.1%
2024 · €32.5m
EBIT margin
4.2%▲ 4.0pp
2024 · 0.2%
Net result
€1.3m▲ 3,954%
2024 · €32,716
Working capital
€3.9m▲ 63.1%
2024 · €2.4m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€21.8m€37.5m▲ 72.1%€35.6m▼ 5.0%€32.5m▼ 8.7%€42.0m▲ 29.1%
Operating result€173,640▼ 57.3%€2.2m▲ 1,166%€1.4m▼ 35.8%€66,826▼ 95.3%€1.8m▲ 2,533%
Net result€84,621▼ 70.1%€1.5m▲ 1,718%€1.0m▼ 33.3%€32,716▼ 96.8%€1.3m▲ 3,954%
EBIT margin0.8%5.9%▲ 5.1pp4.0%▼ 1.9pp0.2%▼ 3.8pp4.2%▲ 4.0pp
Equity€905,866▲ 10.3%€2.4m▲ 170%€2.9m▲ 17.4%€2.9m▲ 1.1%€4.2m▲ 45.7%
Total assets€5.4m▲ 19.6%€7.0m▲ 29.0%€7.2m▲ 2.2%€8.0m▲ 12.1%€9.2m▲ 14.6%
Debt€4.5m▲ 21.7%€4.6m▲ 0.8%€4.3m▼ 5.9%€5.1m▲ 19.3%€5.0m▼ 2.9%
Working capital€455,175▲ 21.0%€2.0m▲ 344%€2.5m▲ 22.2%€2.4m▼ 2.9%€3.9m▲ 63.1%
Staff (FTE)5.3▲ 10.4%5.6▲ 5.7%6▲ 7.1%6=6=
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,533% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.2m
Fixed assets
€1.0m ▼ 11.1%
Current assets
€8.2m ▲ 18.9%
Equity and liabilities €9.2m
Equity
€4.2m ▲ 45.7%
Debt
€5.0m ▼ 2.9%
Debt's share of the balance-sheet total falls from 63.9% to 54.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.9m▲
2024 · €231,832
Cash flow
€1.5m▲
2024 · €197,722
Current ratio
1.92▲
2024 · 1.53
Debt to equity
1.18▼
2024 · 1.77
ROE
31.4%▲
2024 · 1.1%
ROA
14.4%▲
2024 · 0.4%
Interest coverage
113.24▲
2024 · 12.40
Debt ≤ 1 year
€4.3m▼
2024 · €4.5m
Debt > 1 year
€559,046▼
2024 · €629,285
Income taxes
€459,450▲
2024 · €37,784
Staff costs
€828,066▲
2024 · €783,184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €22.0m | €37.6m | €36.0m | €32.6m | €42.1m | ▲ 29.1% |
| Turnover70 | €21.8m | €37.5m | €35.6m | €32.5m | €42.0m | ▲ 29.1% |
| Other operating income74 | €188,399 | €80,703 | €335,642 | €70,377 | €80,421 | ▲ 14.3% |
| Non-recurring operating income76A | €14,758 | €14,758 | €18,358 | €17,021 | €14,758 | ▼ 13.3% |
| Operating charges60/66A | €21.8m | €35.4m | €34.6m | €32.5m | €40.3m | ▲ 23.9% |
| Goods for resale, raw materials and consumables60 | €19.7m | €32.5m | €31.1m | €29.3m | €36.5m | ▲ 24.4% |
| Purchases600/8 | €19.7m | €32.5m | €31.1m | €29.3m | €36.5m | ▲ 24.4% |
| Services and other goods61 | €1.4m | €2.0m | €2.1m | €2.2m | €2.7m | ▲ 21.3% |
| Remuneration, social security and pensions62 | €459,237 | €676,698 | €760,524 | €783,184 | €828,066 | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €136,220 | €133,435 | €133,872 | €165,006 | €173,812 | ▲ 5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €88,598 | -€3,893 | €464,726 | €17,929 | €103,700 | ▲ 478% |
| Other operating charges640/8 | €6,325 | €11,245 | €16,532 | €10,680 | €12,612 | ▲ 18.1% |
| Non-recurring operating charges66A | - | €27,588 | €0 | - | - | - |
| Operating profit (loss)9901 | €173,640 | €2.2m | €1.4m | €66,826 | €1.8m | ▲ 2,533% |
| Financial income75/76B | €9,835 | €6,788 | €26,349 | €71,572 | €102,269 | ▲ 42.9% |
| Recurring financial income75 | €9,835 | €6,788 | €26,349 | €71,572 | €102,269 | ▲ 42.9% |
| Income from current assets751 | €9,825 | €6,299 | €20,409 | €57,438 | €97,382 | ▲ 69.5% |
| Other financial income752/9 | €10 | €489 | €5,940 | €14,134 | €4,887 | ▼ 65.4% |
| Financial charges65/66B | €50,993 | €68,491 | €47,658 | €67,898 | €76,226 | ▲ 12.3% |
| Recurring financial charges65 | €50,993 | €68,491 | €47,658 | €67,898 | €76,226 | ▲ 12.3% |
| Debt charges650 | €18,362 | €18,076 | €16,281 | €18,689 | €17,074 | ▼ 8.6% |
| Other financial charges652/9 | €32,631 | €50,415 | €31,378 | €49,209 | €59,152 | ▲ 20.2% |
| Profit (loss) for the period before taxes9903 | €132,483 | €2.1m | €1.4m | €70,499 | €1.8m | ▲ 2,433% |
| Income taxes67/77 | €47,861 | €598,700 | €365,285 | €37,784 | €459,450 | ▲ 1,116% |
| Taxes670/3 | €47,861 | €598,700 | €365,285 | €37,784 | €459,596 | ▲ 1,116% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €146 | - |
| Profit (loss) for the period9904 | €84,621 | €1.5m | €1.0m | €32,716 | €1.3m | ▲ 3,954% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €568,350 | - |
| Transfer to tax-exempt reserves689 | - | €421,000 | €147,350 | €315,750 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €84,621 | €1.1m | €878,142 | -€283,034 | €1.9m | ▲ 769% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.4m | €7.0m | €7.2m | €8.0m | €9.2m | ▲ 14.6% |
| Fixed assets21/28 | €1.3m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 11.1% |
| Intangible fixed assets21 | €98,309 | €72,140 | €45,971 | €117,866 | €93,727 | ▼ 20.5% |
| Tangible fixed assets22/27 | €1.2m | €1.1m | €1.1m | €1.0m | €915,181 | ▼ 10.0% |
| Plant, machinery and equipment23 | €23,221 | €23,650 | €27,945 | €25,697 | €19,290 | ▼ 24.9% |
| Furniture and vehicles24 | €49,750 | €48,057 | €50,771 | €84,831 | €58,040 | ▼ 31.6% |
| Leasing and similar rights25 | €954,600 | €875,050 | €795,500 | €715,950 | €636,480 | ▼ 11.1% |
| Other tangible fixed assets26 | €159,063 | €169,640 | €180,217 | €190,795 | €201,372 | ▲ 5.5% |
| Financial fixed assets28 | - | - | €160 | €160 | €160 | = |
| Other financial fixed assets284/8 | - | - | €160 | €160 | €160 | = |
| Amounts receivable and cash guarantees285/8 | - | - | €160 | €160 | €160 | = |
| Current assets29/58 | €4.2m | €5.8m | €6.1m | €6.9m | €8.2m | ▲ 18.9% |
| Amounts receivable after more than one year29 | €0 | €45,370 | €360,943 | €1.5m | €641,332 | ▼ 57.1% |
| Other amounts receivable291 | €0 | €45,370 | €360,943 | €1.5m | €641,332 | ▼ 57.1% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €3.8m | €4.4m | €3.6m | €5.0m | €6.7m | ▲ 36.0% |
| Trade receivables40 | €2.9m | €4.0m | €3.0m | €4.0m | €5.4m | ▲ 32.9% |
| Other amounts receivable41 | €832,569 | €346,731 | €619,869 | €907,975 | €1.4m | ▲ 49.8% |
| Cash at bank and in hand54/58 | €347,063 | €1.3m | €2.0m | €143,975 | €586,779 | ▲ 308% |
| Deferred charges and accrued income490/1 | €46,961 | €57,410 | €83,154 | €305,275 | €237,708 | ▼ 22.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.4m | €7.0m | €7.2m | €8.0m | €9.2m | ▲ 14.6% |
| Equity10/15 | €905,866 | €2.4m | €2.9m | €2.9m | €4.2m | ▲ 45.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €887,274 | €2.4m | €2.9m | €2.9m | €4.2m | ▲ 46.0% |
| Non-distributable reserves130/1 | €1,859 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €421,000 | €568,350 | €884,100 | €315,750 | ▼ 64.3% |
| Distributable reserves133 | €885,415 | €2.0m | €2.3m | €2.0m | €3.9m | ▲ 94.7% |
| Amounts payable17/49 | €4.5m | €4.6m | €4.3m | €5.1m | €5.0m | ▼ 2.9% |
| Amounts payable after more than one year17 | €834,250 | €766,874 | €698,557 | €629,285 | €559,046 | ▼ 11.2% |
| Financial debts170/4 | €834,250 | €766,874 | €698,557 | €629,285 | €559,046 | ▼ 11.2% |
| Leasing and similar obligations172 | €834,250 | €766,874 | €698,557 | €629,285 | €559,046 | ▼ 11.2% |
| Amounts payable within one year42/48 | €3.7m | €3.8m | €3.6m | €4.5m | €4.3m | ▼ 4.8% |
| Current portion of amounts payable after more than one year42 | €66,447 | €67,376 | €68,317 | €69,272 | €70,240 | ▲ 1.4% |
| Financial debts43 | €996,609 | €526,682 | €385,102 | €1.1m | €795,335 | ▼ 27.0% |
| Credit institutions430/8 | €300,000 | €292,260 | €158,924 | €284,463 | €167,014 | ▼ 41.3% |
| Other loans439 | €696,609 | €234,422 | €226,177 | €804,640 | €628,321 | ▼ 21.9% |
| Trade debts44 | €2.0m | €3.1m | €2.9m | €2.9m | €3.2m | ▲ 9.7% |
| Suppliers440/4 | €2.0m | €3.1m | €2.9m | €2.9m | €3.2m | ▲ 9.7% |
| Taxes, remuneration and social security45 | €50,746 | €70,365 | €66,082 | €71,680 | €186,410 | ▲ 160% |
| Taxes450/3 | €0 | - | - | €2,237 | €111,621 | ▲ 4,889% |
| Remuneration and social security454/9 | €50,746 | €70,365 | €66,082 | €69,443 | €74,789 | ▲ 7.7% |
| Other amounts payable47/48 | €615,000 | €0 | €220,000 | €320,000 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €0 | - | €4,800 | €4,800 | €138,725 | ▲ 2,790% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,621 | €1.5m | €1.0m | €32,716 | €1.3m | ▲ 3,954% |
| + Depreciation and write-downs630 | €136,220 | €133,435 | €133,872 | €165,006 | €173,812 | ▲ 5.3% |
| Operating cash flow (approximation) | €220,841 | €1.7m | €1.2m | €197,722 | €1.5m | ▲ 659% |
| Investment in fixed assets (approximation) | - | -€37,031 | -€45,900 | -€199,740 | -€47,582 | ▲ 76.2% |
| Change in cash | - | €978,241 | €672,317 | -€1.9m | €442,804 | ▲ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €32,716 ▼96.8%
Net result drops to €32,716, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2mEq €2.4m ▲170%
5 profitable years in a row build equity to €2.4m.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
2019
31-12
Financial
Highest result since 2018net €1.6m ▲352%
Operating result €2.3m, net result €1.6m, both a record.
31-12
Financial
Equity above €1mEq €1.1m ▲141%
2 profitable years in a row build equity to €1.1m.
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1995
Ground area
2,931 m²
Building footprint
3,043 m²
Volume, LiDAR
28 m³
Parcel 11811L3925/00Z003, Flanders · tallest building 1.8 m. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
ANACO BVBA
since 19952.073.226.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3925/00Z003 | Flanders | 2,930 m² | 1 · 3,043 m² | 1.8 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,843 EUR awarded · 2,412 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 315 EUR | 0 EUR |
| 2023 | 1 | 0 EUR | 884 EUR |
| 2022 | 1 | 1,528 EUR | 1,528 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.073.226.332
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Of 1,337 companies in sector 50400 we hold annual accounts for 394. 183 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
50400Inland freight water transport
52250Logistics services
50200Water transport
52210Service activities incidental to land transportation
52241Warehousing and support activities for transportation
52249Warehousing and support activities for transportation
Scores and ratios are computed by Checked and are not a credit decision.