A.N.G. IMMO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
A.N.G. IMMO
Largest movements
- Cash +€35,706
up €35,706 (+91.1%), from €39,214 to €74,920
mainly Net result for the year (+€23,974) and Depreciation (+€20,646)
- Tangible fixed assets -€32,376
down €32,376 (-10.9%), from €298,146 to €265,770
of which Land and buildings: -€21,164
- Receivables within one year +€28,240
up €28,240 (+81.8%), from €34,530 to €62,771
of which Trade receivables: +€28,589
- Profit (loss) carried forward +€23,974
up €23,974 (+46.6%), from €51,461 to €75,435
- Other debts -€8,176
down €8,176 (-11.9%), from €68,583 to €60,407
- Tax, wage and social debts +€6,559
up €6,559 (+82.1%), from €7,993 to €14,552
of which Taxes: +€5,004
- Debts after one year +€5,872
up €5,872 (+2.5%), from €231,402 to €237,274
- Short-term financial debts -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin +€41,045
up €41,045 (+99.1%), from €41,401 to €82,447
- Other operating charges +€8,890
up €8,890 (+157%), from €5,671 to €14,561
- Taxes +€5,387
up €5,387 (+119%), from €4,510 to €9,896
- Financial charges +€3,353
up €3,353 (+40.7%), from €8,238 to €11,591
- Staff costs +€1,793
new in 2025: €1,793
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,862 | €435,417 | +€32,556 | +8.1% |
| Fixed assets | 21/28 | €301,430 | €267,208 | -€34,222 | -11.4% |
| Intangible fixed assets | 21 | €3,084 | €903 | -€2,182 | -70.7% |
| Tangible fixed assets | 22/27 | €298,146 | €265,770 | -€32,376 | -10.9% |
| Land and buildings | 22 | €278,388 | €257,224 | -€21,164 | -7.6% |
| Furniture and vehicles | 24 | €15,752 | €5,086 | -€10,666 | -67.7% |
| Other tangible fixed assets | 26 | €4,005 | €3,460 | -€545 | -13.6% |
| Financial fixed assets | 28 | €200 | €535 | +€335 | +168% |
| Current assets | 29/58 | €101,431 | €168,209 | +€66,778 | +65.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Trade receivables | 290 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,530 | €62,771 | +€28,240 | +81.8% |
| Trade receivables | 40 | €30,457 | €59,045 | +€28,589 | +93.9% |
| Other amounts receivable | 41 | €4,074 | €3,725 | -€348 | -8.5% |
| Cash at bank and in hand | 54/58 | €39,214 | €74,920 | +€35,706 | +91.1% |
| Deferred charges and accrued income | 490/1 | €2,687 | €5,519 | +€2,831 | +105% |
| Total equity and liabilities | 10/49 | €402,862 | €435,417 | +€32,556 | +8.1% |
| Equity | 10/15 | €56,461 | €80,435 | +€23,974 | +42.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,461 | €75,435 | +€23,974 | +46.6% |
| Amounts payable | 17/49 | €346,401 | €354,982 | +€8,582 | +2.5% |
| Amounts payable after more than one year | 17 | €231,402 | €237,274 | +€5,872 | +2.5% |
| Financial debts | 170/4 | €231,402 | €237,274 | +€5,872 | +2.5% |
| Amounts payable within one year | 42/48 | €114,968 | €117,708 | +€2,739 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €21,384 | €23,592 | +€2,209 | +10.3% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Credit institutions | 430/8 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €11,009 | €13,157 | +€2,148 | +19.5% |
| Suppliers | 440/4 | €11,009 | €13,157 | +€2,148 | +19.5% |
| Advances received on contracts in progress | 46 | €1,000 | €6,000 | +€5,000 | +500% |
| Taxes, remuneration and social security | 45 | €7,993 | €14,552 | +€6,559 | +82.1% |
| Taxes | 450/3 | €7,993 | €12,996 | +€5,004 | +62.6% |
| Remuneration and social security | 454/9 | - | €1,555 | +€1,555 | |
| Other amounts payable | 47/48 | €68,583 | €60,407 | -€8,176 | -11.9% |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Remuneration, social security and pensions | 62 | - | €1,793 | +€1,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,311 | €20,646 | +€1,335 | +6.9% |
| Other operating charges | 640/8 | €5,671 | €14,561 | +€8,890 | +157% |
| Gross operating margin | 9900 | €41,401 | €82,447 | +€41,045 | +99.1% |
| Operating profit (loss) | 9901 | €16,419 | €45,447 | +€29,027 | +177% |
| Financial income | 75/76B | €39 | €15 | -€25 | -63.1% |
| Recurring financial income | 75 | €39 | €15 | -€25 | -63.1% |
| Financial charges | 65/66B | €8,238 | €11,591 | +€3,353 | +40.7% |
| Recurring financial charges | 65 | €8,238 | €11,591 | +€3,353 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | €8,221 | €33,870 | +€25,649 | +312% |
| Income taxes | 67/77 | €4,510 | €9,896 | +€5,387 | +119% |
| Profit (loss) for the period | 9904 | €3,711 | €23,974 | +€20,263 | +546% |
| Profit (loss) for the period to be appropriated | 9905 | €3,711 | €23,974 | +€20,263 | +546% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.