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ANCO

Active Private limited companyfounded 1991active for 34 yearsSint-Niklaasstraat 8, 9000 GhentKBO/BCE: BE 0446.280.964
ANCO
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 22-09-2026, 53 days late
€393,894
▲ 22.1%
€327,055
▲ 19.6%
€333,863
▲ 19.4%
€229,884
▲ 19.2%
87.1%
▲ 0.3 percentage points
7.72
▲ 0.28

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.9m. Estimated: probably between €1.4m and €2.8m.

Amounts without an identifiable currency are taken as euros.

Balance sheet

balance sheet total €1.2m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

87.1%

Higher than 90% of 9,905 companies in 2025.

7.72

Higher than 90% of 9,667 companies in 2025.

18.0%

Higher than 88% of 9,782 companies in 2025.

ANCO Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half

Staff

€42,738

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Training hours in 2025: 48.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.2m1.0m825,462696,238568,491524,401467,391434,997416,203415,391410,144404,131408,860404,187393,094348,644343,301421,545394,386294,033
20 -----00000000000000-
21/28 13,68517,6219,5564,3554,9434,7224,5322,7982,1677,74412,15216,77724,38012,89022,39136,61546,02763,43764,14281,040
21 -----00000000000000-
22/27 13,23517,1719,1063,9054,4934,7224,5322,7982,1677,74412,15216,77724,38012,89022,39136,61545,65561,57862,28279,180
22 -----0000000006,83313,66620,49927,33234,16540,999
23 2,0228831,6833,2203,1774,7224,5322,7982,1673,9944,6525,2988,92112,89015,55822,94925,15633,06927,75737,463
24 4,9449,2867,4236851,31600003,7507,50011,48015,45900001,176360719
26 6,2697,002---00000000000000-
27 -----00000000000000-
28 450450450450450000000000003721,8591,8591,859
29/58 1.2m1.0m815,906691,883563,547519,679462,859432,199414,037407,647397,991387,354384,480391,297370,703312,029297,274358,109330,244212,993
29 --53,78953,78953,78953,78953,78953,78953,78953,78953,78953,78982,76982,76982,76982,72984,72900-
290 -----00000000000000-
291 --53,78953,78953,78953,78953,78953,78953,78953,78953,78953,78982,76982,76982,76982,72984,72900-
3 1.1m938,522704,060562,114430,444400,756350,903316,835281,610263,610232,796266,792258,947253,435243,798167,226106,604190,016161,532106,022
30/36 1.1m938,522704,060562,114430,444400,756350,903316,835281,610263,610232,796266,792258,947253,435243,798167,226106,604190,016161,532106,022
37 -----00000000000000-
40/41 21,99033,3291,6311,5226,1774,0311,70811,35810,3735,7463,69817,36822,7747083921,55515,31561,67446,94140,615
40 6,4212,334-1,1385,4232,62901,3512,46901,8102,50914,2535583321,55426815,15011,86514,800
41 15,57030,9951,6313847541,4021,70810,0077,9045,7461,88914,8608,52115059115,04746,52435,07625,815
50/53 -----00000000000020,0000-
54/58 85,62653,04246,41174,44372,17261,08756,44450,20268,24984,487107,69347,15919,97454,36943,73060,50589,66185,304120,85066,356
490/1 13,3622110,015159651515151515152,246151515159661,115921-
Balance sheet: equity and liabilities
10/49 1.2m1.0m825,462696,238568,491524,401467,391434,997416,203415,391410,144404,131408,860404,187393,094348,644343,301421,545394,386294,033
10/15 1.1m904,790718,176625,111526,309479,952445,025416,148406,300399,730389,040373,882377,439361,486297,258257,372225,991189,412140,94594,163
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
101 ------12,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,392
11 ------0000000000000-
1100/10 ------0000000000000-
12 -----00000000000000-
13 1.1m898,590711,976618,911520,109473,752438,825409,948400,100393,530382,840367,682371,239355,2868,1238,1238,1238,1238,1238,123
130/1 ---1,8591,8591,859------0000000-
130 ------1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
1311 ---1,8591,8591,859--------------
1312 ------0000000000000-
1313 -----0--------------
1319 -----00000000000000-
132 -----00000000000000-
133 1.1m898,590711,976617,052518,249471,893436,966408,089398,240391,670380,981365,822369,380353,4276,2646,2646,2646,2646,2646,264
14 -----000000000282,935243,049211,668175,088126,62279,839
15 -----00000000000000-
19 ------------0000000-
16 ------------0000000-
160/5 -----00000000000000-
160 -----00000----------
161 -----00000----------
162 -----00000----------
163 -----00000----------
164/5 -----00000----------
168 -----00000000000000-
17/49 159,868137,745107,28671,12642,18244,44922,36618,8499,90415,66121,10430,25031,42142,70195,83691,272117,310232,134253,440199,870
17 -----------5,54111,880084410,62219,82028,50036,61044,265
170/4 -----------5,54111,880084410,62219,82028,50036,61044,265
175 -----00000000000000-
176 -----00000000000000-
178/9 -----00000000000000-
42/48 158,691137,745106,33671,12642,18244,44922,36618,8499,90415,66121,10424,70819,54142,70194,99280,65097,490202,465216,830155,605
42 -----001,4801,4801,4807,0227,8197,4632,32411,25810,67810,1328,1477,6557,201
43 4,3542,0901,4801,4801,4801,4801,480-----0000000-
430/8 4,3542,0901,4801,4801,4801,4801,480000000000000-
439 -----00000000000000-
44 3,2503,8459432,4731,992641573,6521195661,4684,4301,1451,9321401,4089,61119,20435,19821,810
440/4 3,2503,8459432,4731,992641573,6521195661,4684,4301,1451,9321401,4089,61119,20435,19821,810
441 -----00000000000000-
46 20,00030,000---00000000000000-
45 131,08794,15780,26650,63919,97126,2696,7361,8151,7357,8456,4417,2603,99632,40124,04913,95529,08826,97855,47029,301
450/3 123,38288,09471,41045,37915,05822,6494,4661,1661,7357,8456,4417,2603,99624,82214,9127,15824,66823,41552,96726,542
454/9 7,7056,0648,8565,2604,9133,6202,269650000007,5799,1376,7984,4203,5632,5032,760
47/48 -7,65323,64716,53418,73816,63613,99311,9016,5695,7716,1735,1996,9376,04459,54554,60948,659148,136118,50797,292
492/3 1,177-950--0000000000001,1690-
Income statement
70 --------00000000000-
76A -808566--04,700000000000000-
9900 393,894322,510188,007190,176106,06571,95971,31932,75235,73831,49043,89210,78834,527137,733110,19590,753116,460114,905105,88394,455
60/61 --------00000000000-
62 42,73834,77033,62230,71829,31411,47613,8623,672000050626,78726,91027,09524,16220,86711,99511,047
630 6,8086,2663,9052,3962,1241,9981,9571,2185,5776,7586,5187,6037,94915,40514,22416,36015,38617,48216,89817,387
631/4 -----00000000000000-
635/8 -----00000000000000-
640/8 17,2928,09812,95811,81910,1517,71112,74911,64211,1739,5535,3835,0046,8221,8531,7971,7561,8421,7502,5382,410
649 -----00000000000000-
66A ---698-0000000000014,01200-
9901 327,055273,376137,523144,54564,47550,77442,75216,22018,98815,18031,991-1,81919,25093,68867,26445,54275,06974,80674,45263,611
75/76B 18183472151320285087331317003743798671,478861959
75 18183472151320285087331317003743798671,478861959
76B -----00000----------
65/66B 1,5482,5612,3151,8901,8202,0811,3571,3171,3421,4522,0821,7038321,5722,0202,7342,9163,4653,5914,133
65 1,5482,5612,3151,8901,8202,0811,3571,3171,3421,4522,0821,7038321,5722,0202,7342,9163,4653,5914,133
66B -----00000----------
9903 325,509270,823135,226143,00262,67648,74341,39814,92417,67414,23529,982-3,49118,45092,81665,61743,18759,00972,81871,72160,437
67/77 102,43384,20941,32943,39915,51913,01711,7094,2756,6043,54614,823662,49728,58815,73111,80610,43024,35224,93820,879
9904 223,076186,61493,89899,60347,15735,72729,68910,64911,07010,68915,159-3,55815,95364,22849,88631,38148,57948,46646,78339,558
789 -----00000000000000-
689 -----00000000000000-
9905 223,076186,61493,89899,60347,15735,72729,68910,64911,07010,68915,159-3,55815,95364,22849,88631,38148,57948,46646,78339,558
Appropriation of the result
9906 223,076186,61493,89899,60347,15735,72729,68910,64911,07010,68915,159-3,55815,953347,163292,935243,049223,668175,088126,62279,839
791/2 48,421----0000003,5580000000-
691/2 223,076186,61493,06598,80346,35734,92728,8779,8496,57010,68915,159-15,953347,16300000-
691 -----00000000000000-
6920 -----00000000000000-
6921 223,076186,61493,06598,80346,35734,92728,8779,8496,57010,68915,159015,953347,16300000-
694/7 48,421-8338008008008128004,500---0010,000012,00000-
694 48,421-8338008008008128004,5000000000000-
695 -----00000000010,000012,00000-
696 -----00000----------
Social balance sheet
9087 111110.50.50.1----01110.80.70.40.4
Hours worked1013 1,7551,7631,7461,7621,843708928248----01,8241,7561,8321,5311,228768744
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The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 53 days after the deadline. Filed on 22 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00518844.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 22-09-2026 2026-00518844 PDF
31-12-2024 abbreviated format 30-09-2025 2025-00514019 PDF
31-12-2023 abbreviated format 29-08-2024 2024-00392312 PDF
31-12-2022 abbreviated format 09-10-2023 2023-00477234 PDF
31-12-2021 abbreviated format 31-08-2022 2022-20363572 PDF
31-12-2020 micro format 26-07-2021 2021-39200587 PDF
31-12-2019 micro format 22-09-2020 2020-54400048 PDF
31-12-2018 micro format 29-08-2019 2019-53300531 PDF
31-12-2017 micro format 30-08-2018 2018-53000510 PDF
31-12-2016 micro format 31-08-2017 2017-50800254 PDF
31-12-2015 abbreviated format 30-08-2016 2016-49400317 PDF
31-12-2014 abbreviated format 28-08-2015 2015-47600421 PDF
31-12-2013 abbreviated format 05-08-2014 2014-39100041 PDF
31-12-2012 abbreviated format 07-08-2013 2013-39900192 PDF
31-12-2011 abbreviated format 30-07-2012 2012-34800392 PDF
31-12-2010 abbreviated format 20-07-2011 2011-31000077 PDF
31-12-2009 abbreviated format 14-07-2010 2010-29600467 PDF
31-12-2008 abbreviated format 19-08-2009 2009-58600075 PDF
31-12-2007 abbreviated format 24-07-2008 2008-44700253 PDF
31-12-2006 abbreviated format 24-07-2007 2007-43600227 PDF
31-12-2005 abbreviated format 25-07-2006 2006-51202842 PDF
31-12-2004 abbreviated format 29-07-2005 2005-62104971 PDF
31-12-2003 abbreviated format 27-07-2004 2004-52003021 PDF
31-12-2002 abbreviated format 30-07-2003 2003-55703867 PDF
31-12-2001 abbreviated format 21-06-2002 2002-25203534 PDF
31-12-2000 abbreviated format 02-08-2001 2001-47600077 PDF
31-12-1999 abbreviated format 31-07-2000 2000-48301250 PDF
31-12-1998 abbreviated format 15-10-1999 1999-53603850 PDF
31-12-1997 abbreviated format 27-08-1998 1998-42701514 PDF
31-12-1996 abbreviated format 19-12-1997 1997-57503396 PDF
31-12-1995 abbreviated format 22-08-1996 1996-41100039 PDF
31-12-1994 abbreviated format 31-01-1996 1996-01802296 PDF
31-12-1993 abbreviated format 03-10-1994 1994-42301229 PDF
31-12-1992 abbreviated format 03-05-1994 1994-07400722 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
333,863279,642141,428146,94166,59952,77244,70817,43924,56521,93738,5095,78427,199109,09381,48861,90290,45692,28891,35080,998
229,884192,88097,802101,99849,28137,72531,64611,86716,64717,44721,6774,04523,90279,63364,11047,74163,96565,94963,68156,946
2,87214,3509,1061,8072,3452,1883,6911,85002,3491,893019,4395,90407,32093,47616,778010,607
32,5856,631-28,0322,27111,0854,6436,243-18,048-16,238-23,20660,53527,185-34,39610,640-16,775-29,1564,357-35,54754,494-
1.1m887,170709,570620,757521,365475,230440,493413,350404,133391,986376,888362,646364,939348,596275,711231,379199,784155,644113,41457,388
87.1%86.8%87.0%89.8%92.6%91.5%95.2%95.7%97.6%96.2%94.9%92.5%92.3%89.4%75.6%73.8%65.8%44.9%35.7%32.0%
7.727.447.679.7313.3611.6920.6922.9341.8126.0318.8615.6819.689.163.903.873.051.771.521.37
0.760.631.051.823.162.685.016.1213.379.207.834.886.423.231.341.801.960.830.780.69
0.150.150.150.110.080.090.050.050.020.040.050.080.080.120.320.350.521.231.802.12
20.7%20.6%13.1%15.9%9.0%7.4%6.7%2.6%2.7%2.7%3.9%-1.0%4.2%17.8%16.8%12.2%21.5%25.6%33.2%42.0%
18.0%17.9%11.4%14.3%8.3%6.8%6.4%2.4%2.7%2.6%3.7%-0.9%3.9%15.9%12.7%9.0%14.2%11.5%11.9%13.5%
over 100over 10061.0977.7336.59---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date11111
full-time11111
in full-time equivalents11111
11111
On a permanent contract11111
Training hours4848484848

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,872€14,350€9,106€1,807€1,895
Financial fixed assets----€450
€6,808€6,266€3,905€2,396€2,124

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ANCO

The operating result for 2025 is 20% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 13.2% to 12.9%. Equity and debt are higher.

Next steps

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