ANA PROPERTIES: 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.
What changed
ANA PROPERTIES
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€12,077
2024 · €18,114-€6,037
Equity
€132,536
2024 · €123,883+€8,653
Cash
€626
2024 · €1,444-€818
Balance sheet total
€728,641
2024 · €768,958-€40,317
Largest movements
Assets
- Tangible fixed assets -€32,316
down €32,316 (-4.3%), from €759,522 to €727,206
of which Land and buildings: -€26,245
Equity and liabilities
- Debts after one year -€46,395
down €46,395 (-9.1%), from €509,678 to €463,283
- Profit (loss) carried forward +€12,077
up €12,077, from -€5,167 to €6,910
Income statement
- Gross operating margin -€7,980
down €7,980 (-11.3%), from €70,859 to €62,879
- Financial income +€4,000
up €4,000 (+1,429%), from €280 to €4,280
- Taxes +€2,783
up €2,783 (+342%), from €814 to €3,597
- Financial charges -€1,317
down €1,317 (-10.3%), from €12,761 to €11,444
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.
Result 2024
€18,114
Gross operating margin
-€7,980
Depreciation
-€0
Other operating charges
-€591
Financial income
+€4,000
Financial charges
+€1,317
Taxes
-€2,783
Result 2025
€12,077
raises the resultlowers the result
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.
From operations
+€54,826
Investment
+€0
Financing
-€55,644
Cash 2024
€1,444
From operations (derived)
+€54,826
Net result for the year
+€12,077
Depreciation
+€32,316
Receivables within one year
+€4,276
Deferred charges and accrued income
+€2,906
Provisions
-€856
Trade debts
-€271
Tax, wage and social debts
+€4,809
Other debts
+€414
Accrued charges and deferred income
-€847
Investment (derived)
+€0
Investment in fixed assets (net)
+€0
Financing
-€55,644
Debts after one year
-€46,395
Current portion of long-term debt
-€5,824
Contributions, distributions and other
-€3,425
Cash 2025
€626
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €768,958 | €728,641 | -€40,317 | -5.2% |
| Fixed assets | 21/28 | €759,522 | €727,206 | -€32,316 | -4.3% |
| Tangible fixed assets | 22/27 | €759,522 | €727,206 | -€32,316 | -4.3% |
| Land and buildings | 22 | €729,986 | €703,741 | -€26,245 | -3.6% |
| Plant, machinery and equipment | 23 | €21,820 | €17,021 | -€4,799 | -22.0% |
| Other tangible fixed assets | 26 | €7,716 | €6,444 | -€1,272 | -16.5% |
| Current assets | 29/58 | €9,436 | €1,435 | -€8,001 | -84.8% |
| Amounts receivable within one year | 40/41 | €4,276 | - | -€4,276 | |
| Other amounts receivable | 41 | €4,276 | - | -€4,276 | |
| Cash at bank and in hand | 54/58 | €1,444 | €626 | -€818 | -56.7% |
| Deferred charges and accrued income | 490/1 | €3,716 | €810 | -€2,906 | -78.2% |
| Total equity and liabilities | 10/49 | €768,958 | €728,641 | -€40,317 | -5.2% |
| Equity | 10/15 | €123,883 | €132,536 | +€8,653 | +7.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €74,833 | €74,833 | -€0 | 0.0% |
| Distributable reserves | 133 | €74,833 | €74,833 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€5,167 | €6,910 | +€12,077 | |
| Investment grants | 15 | €34,217 | €30,793 | -€3,424 | -10.0% |
| Provisions and deferred taxes | 16 | €8,554 | €7,698 | -€856 | -10.0% |
| Deferred taxes | 168 | €8,554 | €7,698 | -€856 | -10.0% |
| Amounts payable | 17/49 | €636,521 | €588,407 | -€48,114 | -7.6% |
| Amounts payable after more than one year | 17 | €509,678 | €463,283 | -€46,395 | -9.1% |
| Financial debts | 170/4 | €509,678 | €463,283 | -€46,395 | -9.1% |
| Amounts payable within one year | 42/48 | €120,696 | €119,824 | -€872 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €70,364 | €64,540 | -€5,824 | -8.3% |
| Trade debts | 44 | €11,141 | €10,870 | -€271 | -2.4% |
| Suppliers | 440/4 | €11,141 | €10,870 | -€271 | -2.4% |
| Taxes, remuneration and social security | 45 | €1,006 | €5,815 | +€4,809 | +478% |
| Taxes | 450/3 | €1,002 | €4,529 | +€3,527 | +352% |
| Remuneration and social security | 454/9 | €4 | €1,286 | +€1,282 | +32,049% |
| Other amounts payable | 47/48 | €38,185 | €38,599 | +€414 | +1.1% |
| Accrued charges and deferred income | 492/3 | €6,147 | €5,300 | -€847 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,316 | €32,316 | +€0 | 0.0% |
| Other operating charges | 640/8 | €7,134 | €7,725 | +€591 | +8.3% |
| Gross operating margin | 9900 | €70,859 | €62,879 | -€7,980 | -11.3% |
| Operating profit (loss) | 9901 | €31,409 | €22,838 | -€8,571 | -27.3% |
| Financial income | 75/76B | €280 | €4,280 | +€4,000 | +1,429% |
| Recurring financial income | 75 | €280 | €4,280 | +€4,000 | +1,429% |
| Financial charges | 65/66B | €12,761 | €11,444 | -€1,317 | -10.3% |
| Recurring financial charges | 65 | €12,761 | €11,444 | -€1,317 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €18,928 | €15,674 | -€3,254 | -17.2% |
| Income taxes | 67/77 | €814 | €3,597 | +€2,783 | +342% |
| Profit (loss) for the period | 9904 | €18,114 | €12,077 | -€6,037 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,114 | €12,077 | -€6,037 | -33.3% |
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 13 October 2026 via checked.be.