Anbegro: 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.
Anbegro
Largest movements
- Tangible fixed assets -€135,940
down €135,940 (-34.1%), from €398,342 to €262,403
- Receivables within one year -€14,987
down €14,987 (-17.2%), from €87,236 to €72,248
of which Trade receivables: -€16,927
- Debts after one year -€76,642
down €76,642 (-32.7%), from €234,055 to €157,414
of which Financial debts: -€76,642
- Profit (loss) carried forward -€47,281
down €47,281 (-484%), from -€9,764 to -€57,044
- Current portion of long-term debt -€30,138
down €30,138 (-27.9%), from €108,169 to €78,030
- Trade debts +€16,058
up €16,058 (+45.7%), from €35,132 to €51,191
- Reserves -€11,200
down €11,200 (-9.6%), from €116,422 to €105,222
of which Tax-exempt reserves: -€11,200
- Gross operating margin -€42,562
down €42,562 (-30.8%), from €138,202 to €95,640
- Financial charges -€4,443
down €4,443 (-27.4%), from €16,203 to €11,760
- Depreciation +€2,243
up €2,243 (+1.6%), from €141,291 to €143,534
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 | €504,381 | €354,962 | -€149,419 | -29.6% |
| Fixed assets | 21/28 | €400,307 | €264,368 | -€135,940 | -34.0% |
| Tangible fixed assets | 22/27 | €398,342 | €262,403 | -€135,940 | -34.1% |
| Plant, machinery and equipment | 23 | €70,456 | €38,018 | -€32,438 | -46.0% |
| Furniture and vehicles | 24 | €152,597 | €115,855 | -€36,742 | -24.1% |
| Leasing and similar rights | 25 | €175,290 | €108,531 | -€66,760 | -38.1% |
| Financial fixed assets | 28 | €1,965 | €1,965 | = | 0.0% |
| Current assets | 29/58 | €104,074 | €90,595 | -€13,479 | -13.0% |
| Amounts receivable within one year | 40/41 | €87,236 | €72,248 | -€14,987 | -17.2% |
| Trade receivables | 40 | €62,025 | €45,098 | -€16,927 | -27.3% |
| Other amounts receivable | 41 | €25,211 | €27,150 | +€1,940 | +7.7% |
| Cash at bank and in hand | 54/58 | €15,914 | €18,346 | +€2,432 | +15.3% |
| Deferred charges and accrued income | 490/1 | €924 | - | -€924 | |
| Total equity and liabilities | 10/49 | €504,381 | €354,962 | -€149,419 | -29.6% |
| Equity | 10/15 | €112,983 | €54,502 | -€58,481 | -51.8% |
| Contributions | 10/11 | €6,324 | €6,324 | = | 0.0% |
| Reserves | 13 | €116,422 | €105,222 | -€11,200 | -9.6% |
| Tax-exempt reserves | 132 | €36,676 | €25,476 | -€11,200 | -30.5% |
| Distributable reserves | 133 | €79,746 | €79,746 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,764 | -€57,044 | -€47,281 | -484% |
| Provisions and deferred taxes | 16 | €9,169 | €6,369 | -€2,800 | -30.5% |
| Deferred taxes | 168 | €9,169 | €6,369 | -€2,800 | -30.5% |
| Amounts payable | 17/49 | €382,230 | €294,091 | -€88,138 | -23.1% |
| Amounts payable after more than one year | 17 | €234,055 | €157,414 | -€76,642 | -32.7% |
| Financial debts | 170/4 | €213,505 | €136,864 | -€76,642 | -35.9% |
| Other amounts payable | 178/9 | €20,550 | €20,550 | = | 0.0% |
| Amounts payable within one year | 42/48 | €148,075 | €136,604 | -€11,471 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €108,169 | €78,030 | -€30,138 | -27.9% |
| Trade debts | 44 | €35,132 | €51,191 | +€16,058 | +45.7% |
| Suppliers | 440/4 | €35,132 | €51,191 | +€16,058 | +45.7% |
| Taxes, remuneration and social security | 45 | €2,521 | €2,669 | +€148 | +5.9% |
| Taxes | 450/3 | €117 | €359 | +€241 | +206% |
| Remuneration and social security | 454/9 | €2,404 | €2,311 | -€93 | -3.9% |
| Other amounts payable | 47/48 | €2,253 | €4,714 | +€2,461 | +109% |
| Accrued charges and deferred income | 492/3 | €100 | €74 | -€26 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,291 | €143,534 | +€2,243 | +1.6% |
| Other operating charges | 640/8 | €1,210 | €1,350 | +€140 | +11.6% |
| Gross operating margin | 9900 | €138,202 | €95,640 | -€42,562 | -30.8% |
| Operating profit (loss) | 9901 | -€4,299 | -€49,244 | -€44,945 | -1,045% |
| Financial income | 75/76B | €80 | €28 | -€52 | -65.0% |
| Recurring financial income | 75 | €80 | €28 | -€52 | -65.0% |
| Financial charges | 65/66B | €16,203 | €11,760 | -€4,443 | -27.4% |
| Recurring financial charges | 65 | €16,203 | €11,760 | -€4,443 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,423 | -€60,976 | -€40,553 | -199% |
| Transfer from deferred taxes | 780 | €2,800 | €2,800 | = | 0.0% |
| Income taxes | 67/77 | €380 | €305 | -€75 | -19.7% |
| Profit (loss) for the period | 9904 | -€18,002 | -€58,481 | -€40,478 | -225% |
| Transfer from tax-exempt reserves | 789 | €11,200 | €11,200 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,802 | -€47,281 | -€40,478 | -595% |
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 17 October 2026 via checked.be.