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Ancro

Active
Private limited companyfounded 2000active for 26 yearsBoskapellei 104, 2930 Brasschaat, BelgiumKBO/BCE: BE 0471.646.365
Summary

Ancro has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176,700 and a net result of €79,426. Equity is growing by about 39% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (2 days) Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00030903.

Turnover
≈ €440,000
Estimated: probably between €290,000 and €680,000
Total assets
€255,084▲ 66.2%
2024 · €153,491
Net result
€79,426▲ 32.7%
2024 · €59,875
Working capital
€86,152▼ 21.2%
2024 · €109,273
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 112% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€162,184 2025 Net result€79,426 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€10,448--€7,819▲ 25.2%€9,528€30,607▲ 221%€18,724▼ 38.8%€76,372▲ 308%€162,184▲ 112%
Net result-€10,467--€7,898▲ 24.5%€9,412€18,117▲ 92.5%€16,939▼ 6.5%€59,875▲ 253%€79,426▲ 32.7%
Equity€36,079-€28,182▼ 21.9%€37,593▲ 33.4%€55,710▲ 48.2%€72,649▲ 30.4%€132,524▲ 82.4%€176,700▲ 33.3%
Total assets€75,681-€53,353▼ 29.5%€55,320▲ 3.7%€76,017▲ 37.4%€82,333▲ 8.3%€153,491▲ 86.4%€255,084▲ 66.2%
Debt€39,602-€25,172▼ 36.4%€17,727▼ 29.6%€20,306▲ 14.6%€9,684▼ 52.3%€20,966▲ 116%€78,384▲ 274%
Working capital€29,493-€23,779▼ 19.4%€35,063▲ 47.5%€48,908▲ 39.5%€55,230▲ 12.9%€109,273▲ 97.9%€86,152▼ 21.2%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255,084
Fixed assets €90,548 ▲ 289%
Current assets €164,536 ▲ 26.3%
Equity and liabilities €255,084
Equity €176,700 ▲ 33.3%
Debt €78,384 ▲ 274%
Debt's share of the balance-sheet total rises from 13.7% to 30.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€174,481▲
2024 · €80,998
Cash flow
€91,723▲
2024 · €64,501
Current ratio
2.10▼
2024 · 6.21
Debt to equity
0.44▲
2024 · 0.16
ROE
44.9%▼
2024 · 45.2%
ROA
31.1%▼
2024 · 39.0%
Interest coverage
3.49▼
2024 · over 100
Debt ≤ 1 year
€78,384▲
2024 · €20,966
Income taxes
€33,637▲
2024 · €16,413
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€153,491€255,084▲
Fixed assets21/28€23,251€90,548▲
Tangible fixed assets22/27€23,251€90,543▲
Plant, machinery and equipment23€951€295▼
Furniture and vehicles24€2,438€58,068▲
Other tangible fixed assets26€19,861€32,180▲
Financial fixed assets28-€5
Current assets29/58€130,240€164,536▲
Amounts receivable after more than one year29€2,819€7,121▲
Other amounts receivable291€2,819€7,121▲
Amounts receivable within one year40/41€46,967€69,181▲
Trade receivables40€41,910€60,674▲
Other amounts receivable41€5,057€8,507▲
Cash at bank and in hand54/58€80,454€86,065▲
Deferred charges and accrued income490/1-€2,169
Equity and liabilities
Total equity and liabilities10/49€153,491€255,084▲
Equity10/15€132,524€176,700▲
Contributions10/11€18,600€18,600=
Reserves13€113,924€158,100▲
Non-distributable reserves130/1€1,860-
Reserves not available under the articles1311€1,860-
Distributable reserves133€112,064€158,100▲
Amounts payable17/49€20,966€78,384▲
Amounts payable within one year42/48€20,966€78,384▲
Trade debts44€20,869€21,535▲
Suppliers440/4€20,869€21,535▲
Taxes, remuneration and social security45€98€21,599▲
Taxes450/3€98€21,599▲
Other amounts payable47/48-€35,250
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,625€12,297▲
Other operating charges640/8€701€691▼
Gross operating margin9900€81,698€175,172▲
Operating profit (loss)9901€76,372€162,184▲
Financial income75/76B€19€822▲
Recurring financial income75€19€822▲
Financial charges65/66B€103€49,944▲
Recurring financial charges65€103€49,944▲
Profit (loss) for the period before taxes9903€76,289€113,063▲
Income taxes67/77€16,413€33,637▲
Profit (loss) for the period9904€59,875€79,426▲
Profit (loss) for the period to be appropriated9905€59,875€79,426▲
Appropriation of the result
Profit (loss) to be appropriated9906€59,875€79,426▲
Transfer from equity791/2-€35,250
Transfer to equity691/2€59,875€79,426▲
To other reserves6921€59,875€79,426▲
Profit to be distributed694/7-€35,250
Return on contributions (dividend)694-€35,250

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,835€1,835€2,197€2,159€3,299€4,625€12,297▲ 166%
Other operating charges640/8---€102€848€701€691▼ 1.4%
Gross operating margin9900-€8,265-€5,536€12,174€32,868€22,871€81,698€175,172▲ 114%
Operating profit (loss)9901-€10,448-€7,819€9,528€30,607€18,724€76,372€162,184▲ 112%
Financial income75/76B---€28€0€19€822▲ 43×
Recurring financial income75€64€1€2€28€0€19€822▲ 43×
Financial charges65/66B---€154€92€103€49,944▲ 487×
Recurring financial charges65€83€80€118€154€92€103€49,944▲ 487×
Profit (loss) for the period before taxes9903-€10,467-€7,898€9,412€30,482€18,632€76,289€113,063▲ 48.2%
Income taxes67/77---€12,364€1,694€16,413€33,637▲ 105%
Profit (loss) for the period9904-€10,467-€7,898€9,412€18,117€16,939€59,875€79,426▲ 32.7%
Transfer from tax-exempt reserves789---€56,250----
Profit (loss) for the period to be appropriated9905-€10,467-€7,898€9,412€74,367€16,939€59,875€79,426▲ 32.7%
Line2019202020212022202320242025Change
Assets
Total assets20/58€75,681€53,353€55,320€76,017€82,333€153,491€255,084▲ 66.2%
Fixed assets21/28€7,071€5,235€6,320€6,802€17,419€23,251€90,548▲ 289%
Tangible fixed assets22/27€6,571€4,735€5,820€6,802€17,419€23,251€90,543▲ 289%
Plant, machinery and equipment23---€3,714€1,608€951€295▼ 69.0%
Furniture and vehicles24---€3,088€3,539€2,438€58,068▲ 24×
Other tangible fixed assets26----€12,273€19,861€32,180▲ 62.0%
Financial fixed assets28€500€500€500---€5-
Current assets29/58€68,610€48,118€49,000€69,215€64,915€130,240€164,536▲ 26.3%
Amounts receivable after more than one year29----€12,232€2,819€7,121▲ 153%
Other amounts receivable291----€12,232€2,819€7,121▲ 153%
Stocks and contracts in progress3€35,667€32,574€3,241-----
Amounts receivable within one year40/41€4,682€1,468€43,390€24,086€18,763€46,967€69,181▲ 47.3%
Trade receivables40---€11,177€16,635€41,910€60,674▲ 44.8%
Other amounts receivable41---€12,909€2,128€5,057€8,507▲ 68.2%
Cash at bank and in hand54/58€28,262€14,076€2,368€45,129€33,921€80,454€86,065▲ 7.0%
Deferred charges and accrued income490/1------€2,169-
Equity and liabilities
Total equity and liabilities10/49€75,681€53,353€55,320€76,017€82,333€153,491€255,084▲ 66.2%
Equity10/15€36,079€28,182€37,593€55,710€72,649€132,524€176,700▲ 33.3%
Contributions10/11€18,600--€18,600€18,600€18,600€18,600=
Reserves13€58,110€58,110€58,110€37,110€54,049€113,924€158,100▲ 38.8%
Non-distributable reserves130/1---€1,860€1,860€1,860--
Reserves not available under the articles1311---€1,860€1,860€1,860--
Distributable reserves133---€35,250€52,189€112,064€158,100▲ 41.1%
Profit (loss) carried forward14-€40,631-€48,528-€39,117-----
Amounts payable17/49€39,602€25,172€17,727€20,306€9,684€20,966€78,384▲ 274%
Amounts payable within one year42/48€39,117€24,339€13,937€20,306€9,684€20,966€78,384▲ 274%
Trade debts44€940€74€148€3,972€5,622€20,869€21,535▲ 3.2%
Suppliers440/4---€3,972€5,622€20,869€21,535▲ 3.2%
Taxes, remuneration and social security45---€15,544€4,063€98€21,599▲ 221×
Taxes450/3---€15,544€1€98€21,599▲ 221×
Remuneration and social security454/9----€4,062---
Other amounts payable47/48---€791--€35,250-
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€10,467-€7,898€9,412€18,117€16,939€59,875€79,426▲ 32.7%
+ Depreciation and write-downs630€1,835€1,835€2,197€2,159€3,299€4,625€12,297▲ 166%
Operating cash flow (approximation)-€8,632-€6,062€11,609€20,276€20,238€64,501€91,723▲ 42.2%
Investment in fixed assets (approximation)-€0-€3,282-€2,641-€13,916-€10,458-€79,594▼ 661%
Change in cash--€14,186-€11,707€42,760-€11,208€46,533€5,611▼ 87.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 02-02-2026 2026-00030903
30-06-2024 micro format 28-01-2025 2025-00016775
30-06-2023 micro format 25-01-2024 2024-00010441
30-06-2022 micro format 30-01-2023 2023-00016084
30-06-2021 micro format 28-01-2022 2022-03200477
30-06-2020 micro format 14-01-2021 2021-00900529
30-06-2019 micro format 31-01-2020 2020-03500056
30-06-2018 micro format 12-01-2019 2019-01100529
30-06-2017 micro format 30-01-2018 2018-03400041
30-06-2016 abbreviated format 31-01-2017 2017-03200386

Show all 25 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.