A.N.P. TRANS: 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.P. TRANS
Largest movements
- Cash +€127,819
up €127,819 (+209%), from €61,174 to €188,993
mainly Receivables within one year (+€86,981) and Receivables after one year (+€51,273)
- Receivables within one year -€86,981
down €86,981 (-25.6%), from €339,908 to €252,927
of which Trade receivables: -€47,479
- Receivables after one year -€51,273
down €51,273 (-33.9%), from €151,273 to €100,000
- Trade debts -€78,747
down €78,747 (-32.9%), from €239,108 to €160,361
- Reserves +€47,852
up €47,852 (+21.3%), from €224,614 to €272,467
- Tax, wage and social debts +€25,259
up €25,259 (+46.7%), from €54,088 to €79,347
of which Remuneration and social security: +€23,878
- Current portion of long-term debt -€10,794
down €10,794 (-66.5%), from €16,240 to €5,446
- Staff costs +€107,740
up €107,740 (+121%), from €89,212 to €196,953
- Gross operating margin +€78,159
up €78,159 (+37.3%), from €209,627 to €287,786
- Taxes -€9,001
down €9,001 (-24.2%), from €37,245 to €28,244
- Depreciation -€8,634
down €8,634 (-57.7%), from €14,961 to €6,327
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 | €733,856 | €712,170 | -€21,686 | -3.0% |
| Fixed assets | 21/28 | €173,586 | €166,478 | -€7,109 | -4.1% |
| Tangible fixed assets | 22/27 | €10,118 | €3,010 | -€7,109 | -70.3% |
| Furniture and vehicles | 24 | €10,118 | €3,010 | -€7,109 | -70.3% |
| Financial fixed assets | 28 | €163,468 | €163,468 | = | 0.0% |
| Current assets | 29/58 | €560,269 | €545,692 | -€14,578 | -2.6% |
| Amounts receivable after more than one year | 29 | €151,273 | €100,000 | -€51,273 | -33.9% |
| Other amounts receivable | 291 | €151,273 | €100,000 | -€51,273 | -33.9% |
| Amounts receivable within one year | 40/41 | €339,908 | €252,927 | -€86,981 | -25.6% |
| Trade receivables | 40 | €225,221 | €177,742 | -€47,479 | -21.1% |
| Other amounts receivable | 41 | €114,687 | €75,186 | -€39,502 | -34.4% |
| Cash at bank and in hand | 54/58 | €61,174 | €188,993 | +€127,819 | +209% |
| Deferred charges and accrued income | 490/1 | €7,915 | €3,772 | -€4,143 | -52.3% |
| Total equity and liabilities | 10/49 | €733,856 | €712,170 | -€21,686 | -3.0% |
| Equity | 10/15 | €243,214 | €291,067 | +€47,852 | +19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €224,614 | €272,467 | +€47,852 | +21.3% |
| Distributable reserves | 133 | €224,614 | €272,467 | +€47,852 | +21.3% |
| Amounts payable | 17/49 | €490,641 | €421,103 | -€69,539 | -14.2% |
| Amounts payable after more than one year | 17 | €5,446 | - | -€5,446 | |
| Financial debts | 170/4 | €5,446 | - | -€5,446 | |
| Amounts payable within one year | 42/48 | €485,195 | €421,103 | -€64,093 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €16,240 | €5,446 | -€10,794 | -66.5% |
| Financial debts | 43 | - | €22 | +€22 | |
| Credit institutions | 430/8 | - | €22 | +€22 | |
| Trade debts | 44 | €239,108 | €160,361 | -€78,747 | -32.9% |
| Suppliers | 440/4 | €239,108 | €160,361 | -€78,747 | -32.9% |
| Taxes, remuneration and social security | 45 | €54,088 | €79,347 | +€25,259 | +46.7% |
| Taxes | 450/3 | €38,686 | €40,066 | +€1,381 | +3.6% |
| Remuneration and social security | 454/9 | €15,402 | €39,281 | +€23,878 | +155% |
| Other amounts payable | 47/48 | €175,760 | €175,928 | +€168 | +0.1% |
| Remuneration, social security and pensions | 62 | €89,212 | €196,953 | +€107,740 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,961 | €6,327 | -€8,634 | -57.7% |
| Other operating charges | 640/8 | €6,899 | €9,362 | +€2,463 | +35.7% |
| Gross operating margin | 9900 | €209,627 | €287,786 | +€78,159 | +37.3% |
| Operating profit (loss) | 9901 | €98,554 | €75,144 | -€23,410 | -23.8% |
| Financial income | 75/76B | €5,983 | €4,741 | -€1,242 | -20.8% |
| Recurring financial income | 75 | €5,983 | €4,741 | -€1,242 | -20.8% |
| Financial charges | 65/66B | €2,008 | €3,789 | +€1,780 | +88.6% |
| Recurring financial charges | 65 | €2,008 | €3,789 | +€1,780 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €102,528 | €76,096 | -€26,432 | -25.8% |
| Income taxes | 67/77 | €37,245 | €28,244 | -€9,001 | -24.2% |
| Profit (loss) for the period | 9904 | €65,283 | €47,852 | -€17,431 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €65,283 | €47,852 | -€17,431 | -26.7% |
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 30 October 2026 via checked.be.