ANBO & CO: 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.
ANBO & CO
Largest movements
- Receivables within one year -€81,606
down €81,606 (-66.4%), from €122,850 to €41,243
of which Trade receivables: -€95,590
- Cash -€49,851
down €49,851 (-60.9%), from €81,884 to €32,033
mainly Trade debts (-€115,077) and Debts after one year (-€18,151)
- Tangible fixed assets -€20,612
down €20,612 (-20.6%), from €100,127 to €79,516
of which Furniture and vehicles: -€20,570
- Deferred charges and accrued income +€11,180
up €11,180 (+830%), from €1,346 to €12,526
- Trade debts -€115,077
down €115,077 (-93.6%), from €123,010 to €7,932
- Debts after one year -€18,151
down €18,151 (-25.5%), from €71,196 to €53,045
- Profit (loss) carried forward -€11,585
down €11,585 (-12.2%), from -€95,030 to -€106,615
- Financial charges -€74,523
down €74,523 (-90.4%), from €82,444 to €7,922
of which Non-recurring financial charges: -€75,000
- Gross operating margin -€15,473
down €15,473 (-46.0%), from €33,610 to €18,136
- Depreciation +€14,714
up €14,714 (+210%), from €7,002 to €21,717
- Write-downs -€9,495
no longer reported in 2025 (was €9,495)
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 | €506,207 | €365,318 | -€140,890 | -27.8% |
| Fixed assets | 21/28 | €300,127 | €279,516 | -€20,612 | -6.9% |
| Tangible fixed assets | 22/27 | €100,127 | €79,516 | -€20,612 | -20.6% |
| Plant, machinery and equipment | 23 | €3,237 | €3,195 | -€42 | -1.3% |
| Furniture and vehicles | 24 | €96,891 | €76,321 | -€20,570 | -21.2% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €206,080 | €85,802 | -€120,278 | -58.4% |
| Amounts receivable within one year | 40/41 | €122,850 | €41,243 | -€81,606 | -66.4% |
| Trade receivables | 40 | €109,311 | €13,721 | -€95,590 | -87.4% |
| Other amounts receivable | 41 | €13,539 | €27,522 | +€13,983 | +103% |
| Cash at bank and in hand | 54/58 | €81,884 | €32,033 | -€49,851 | -60.9% |
| Deferred charges and accrued income | 490/1 | €1,346 | €12,526 | +€11,180 | +830% |
| Total equity and liabilities | 10/49 | €506,207 | €365,318 | -€140,890 | -27.8% |
| Equity | 10/15 | -€13,091 | -€24,677 | -€11,585 | -88.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €6,938 | €6,938 | = | 0.0% |
| Distributable reserves | 133 | €6,938 | €6,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,030 | -€106,615 | -€11,585 | -12.2% |
| Amounts payable | 17/49 | €519,299 | €389,994 | -€129,304 | -24.9% |
| Amounts payable after more than one year | 17 | €71,196 | €53,045 | -€18,151 | -25.5% |
| Financial debts | 170/4 | €71,196 | €53,045 | -€18,151 | -25.5% |
| Amounts payable within one year | 42/48 | €448,103 | €336,949 | -€111,154 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €17,574 | €18,151 | +€577 | +3.3% |
| Trade debts | 44 | €123,010 | €7,932 | -€115,077 | -93.6% |
| Suppliers | 440/4 | €123,010 | €7,932 | -€115,077 | -93.6% |
| Taxes, remuneration and social security | 45 | €7,428 | €9,980 | +€2,552 | +34.4% |
| Taxes | 450/3 | €7,428 | €9,980 | +€2,552 | +34.4% |
| Other amounts payable | 47/48 | €300,091 | €300,886 | +€795 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,002 | €21,717 | +€14,714 | +210% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,495 | - | -€9,495 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €33,610 | €18,136 | -€15,473 | -46.0% |
| Operating profit (loss) | 9901 | €16,994 | -€3,700 | -€20,695 | |
| Financial income | 75/76B | €0 | €37 | +€37 | +122,200% |
| Recurring financial income | 75 | €0 | €37 | +€37 | +122,200% |
| Financial charges | 65/66B | €82,444 | €7,922 | -€74,523 | -90.4% |
| Recurring financial charges | 65 | €7,444 | €7,922 | +€477 | +6.4% |
| Non-recurring financial charges | 66B | €75,000 | - | -€75,000 | |
| Profit (loss) for the period before taxes | 9903 | -€65,450 | -€11,585 | +€53,865 | +82.3% |
| Income taxes | 67/77 | €107 | - | -€107 | |
| Profit (loss) for the period | 9904 | -€65,557 | -€11,585 | +€53,972 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,557 | -€11,585 | +€53,972 | +82.3% |
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 23 October 2026 via checked.be.