A.N.G. PROJECT: 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. PROJECT
Largest movements
- Cash -€8,821
down €8,821 (-72.9%), from €12,108 to €3,286
mainly Net result for the year (-€18,541)
- Tangible fixed assets -€1,827
down €1,827 (-64.9%), from €2,814 to €987
- Receivables within one year -€1,689
down €1,689 (-10.3%), from €16,408 to €14,720
of which Trade receivables: -€5,301
- Profit (loss) carried forward -€18,541
down €18,541 (-83.0%), from €22,331 to €3,790
- Other debts +€6,114
up €6,114 (+8,443%), from €72 to €6,186
- Taxes +€7,054
new in 2025: €7,054
- Purchases and services -€3,443
down €3,443 (-4.6%), from €74,937 to €71,494
- Turnover -€2,788
down €2,788 (-4.2%), from €65,722 to €62,934
- Depreciation -€1,421
down €1,421 (-43.8%), from €3,247 to €1,827
- Other operating charges -€742
down €742 (-57.2%), from €1,297 to €555
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 | €31,330 | €18,993 | -€12,337 | -39.4% |
| Fixed assets | 21/28 | €2,814 | €987 | -€1,827 | -64.9% |
| Tangible fixed assets | 22/27 | €2,814 | €987 | -€1,827 | -64.9% |
| Furniture and vehicles | 24 | €2,814 | €987 | -€1,827 | -64.9% |
| Current assets | 29/58 | €28,516 | €18,006 | -€10,510 | -36.9% |
| Amounts receivable within one year | 40/41 | €16,408 | €14,720 | -€1,689 | -10.3% |
| Trade receivables | 40 | €16,240 | €10,938 | -€5,301 | -32.6% |
| Other amounts receivable | 41 | €169 | €3,781 | +€3,613 | +2,142% |
| Cash at bank and in hand | 54/58 | €12,108 | €3,286 | -€8,821 | -72.9% |
| Total equity and liabilities | 10/49 | €31,330 | €18,993 | -€12,337 | -39.4% |
| Equity | 10/15 | €30,391 | €11,850 | -€18,541 | -61.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,331 | €3,790 | -€18,541 | -83.0% |
| Amounts payable | 17/49 | €939 | €7,143 | +€6,205 | +661% |
| Amounts payable within one year | 42/48 | €939 | €7,143 | +€6,205 | +661% |
| Trade debts | 44 | €866 | €934 | +€67 | +7.8% |
| Suppliers | 440/4 | €866 | €934 | +€67 | +7.8% |
| Taxes, remuneration and social security | 45 | - | €23 | +€23 | |
| Taxes | 450/3 | - | €23 | +€23 | |
| Other amounts payable | 47/48 | €72 | €6,186 | +€6,114 | +8,443% |
| Turnover | 70 | €65,722 | €62,934 | -€2,788 | -4.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,937 | €71,494 | -€3,443 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,247 | €1,827 | -€1,421 | -43.8% |
| Other operating charges | 640/8 | €1,297 | €555 | -€742 | -57.2% |
| Gross operating margin | 9900 | -€9,215 | -€8,560 | +€655 | +7.1% |
| Operating profit (loss) | 9901 | -€13,759 | -€10,941 | +€2,817 | +20.5% |
| Financial income | 75/76B | €0 | €93 | +€93 | +19,779% |
| Recurring financial income | 75 | €0 | €93 | +€93 | +19,779% |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,218 | €639 | -€579 | -47.5% |
| Recurring financial charges | 65 | €825 | €639 | -€186 | -22.5% |
| Non-recurring financial charges | 66B | €393 | - | -€393 | |
| Profit (loss) for the period before taxes | 9903 | -€14,976 | -€11,487 | +€3,489 | +23.3% |
| Income taxes | 67/77 | - | €7,054 | +€7,054 | |
| Profit (loss) for the period | 9904 | -€14,976 | -€18,541 | -€3,565 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,976 | -€18,541 | -€3,565 | -23.8% |
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 15 October 2026 via checked.be.