ANC Leuven: 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.
ANC Leuven
Largest movements
- Receivables within one year +€125,382
up €125,382 (+86.0%), from €145,724 to €271,106
of which Other amounts receivable: +€125,382
- Cash -€113,106
down €113,106 (-64.4%), from €175,572 to €62,466
mainly Receivables within one year (-€125,382) and Investment in fixed assets (net) (-€38,702)
- Tangible fixed assets +€12,205
up €12,205 (+13.3%), from €92,059 to €104,264
of which Plant, machinery and equipment: +€20,760
- Intangible fixed assets -€10,000
down €10,000 (-34.3%), from €29,123 to €19,123
- Other debts +€30,666
new in 2025: €30,666
- Current portion of long-term debt -€27,760
down €27,760 (-83.0%), from €33,457 to €5,698
- Reserves +€11,256
up €11,256 (+3.9%), from €290,418 to €301,674
of which Distributable reserves: +€11,256
- Debts after one year -€5,698
down €5,698 (-87.7%), from €6,498 to €800
of which Financial debts: -€5,698
- Staff costs +€11,964
up €11,964 (+8.3%), from €143,739 to €155,703
- Gross operating margin -€8,375
down €8,375 (-2.9%), from €288,492 to €280,117
- Taxes +€4,705
up €4,705 (+14.0%), from €33,728 to €38,433
- Financial charges +€4,144
up €4,144 (+53.6%), from €7,738 to €11,882
- Financial income +€4,075
up €4,075 (+77.1%), from €5,285 to €9,359
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 | €453,685 | €464,999 | +€11,314 | +2.5% |
| Fixed assets | 21/28 | €123,682 | €125,888 | +€2,205 | +1.8% |
| Intangible fixed assets | 21 | €29,123 | €19,123 | -€10,000 | -34.3% |
| Tangible fixed assets | 22/27 | €92,059 | €104,264 | +€12,205 | +13.3% |
| Land and buildings | 22 | €36,935 | €29,728 | -€7,207 | -19.5% |
| Plant, machinery and equipment | 23 | €23,434 | €44,194 | +€20,760 | +88.6% |
| Furniture and vehicles | 24 | €31,689 | €30,342 | -€1,347 | -4.3% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €330,003 | €339,112 | +€9,109 | +2.8% |
| Stocks and contracts in progress | 3 | €4,607 | €5,103 | +€496 | +10.8% |
| Stocks | 30/36 | €4,607 | €5,103 | +€496 | +10.8% |
| Amounts receivable within one year | 40/41 | €145,724 | €271,106 | +€125,382 | +86.0% |
| Trade receivables | 40 | €6,000 | €6,000 | = | 0.0% |
| Other amounts receivable | 41 | €139,724 | €265,106 | +€125,382 | +89.7% |
| Cash at bank and in hand | 54/58 | €175,572 | €62,466 | -€113,106 | -64.4% |
| Deferred charges and accrued income | 490/1 | €4,100 | €436 | -€3,663 | -89.4% |
| Total equity and liabilities | 10/49 | €453,685 | €464,999 | +€11,314 | +2.5% |
| Equity | 10/15 | €309,018 | €320,274 | +€11,256 | +3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,418 | €301,674 | +€11,256 | +3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €288,558 | €299,814 | +€11,256 | +3.9% |
| Amounts payable | 17/49 | €144,668 | €144,725 | +€58 | 0.0% |
| Amounts payable after more than one year | 17 | €6,498 | €800 | -€5,698 | -87.7% |
| Financial debts | 170/4 | €5,698 | - | -€5,698 | |
| Other amounts payable | 178/9 | €800 | €800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €138,170 | €143,925 | +€5,756 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €33,457 | €5,698 | -€27,760 | -83.0% |
| Trade debts | 44 | €38,852 | €41,426 | +€2,574 | +6.6% |
| Suppliers | 440/4 | €38,852 | €41,426 | +€2,574 | +6.6% |
| Taxes, remuneration and social security | 45 | €65,861 | €66,136 | +€275 | +0.4% |
| Taxes | 450/3 | €59,551 | €46,375 | -€13,176 | -22.1% |
| Remuneration and social security | 454/9 | €6,309 | €19,761 | +€13,452 | +213% |
| Other amounts payable | 47/48 | - | €30,666 | +€30,666 | |
| Remuneration, social security and pensions | 62 | €143,739 | €155,703 | +€11,964 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,351 | €36,496 | +€145 | +0.4% |
| Other operating charges | 640/8 | €2,253 | €2,908 | +€655 | +29.1% |
| Gross operating margin | 9900 | €288,492 | €280,117 | -€8,375 | -2.9% |
| Operating profit (loss) | 9901 | €106,149 | €85,010 | -€21,139 | -19.9% |
| Financial income | 75/76B | €5,285 | €9,359 | +€4,075 | +77.1% |
| Recurring financial income | 75 | €5,285 | €9,359 | +€4,075 | +77.1% |
| Financial charges | 65/66B | €7,738 | €11,882 | +€4,144 | +53.6% |
| Recurring financial charges | 65 | €7,738 | €11,882 | +€4,144 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €103,696 | €82,488 | -€21,208 | -20.5% |
| Income taxes | 67/77 | €33,728 | €38,433 | +€4,705 | +14.0% |
| Profit (loss) for the period | 9904 | €69,968 | €44,054 | -€25,913 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,968 | €44,054 | -€25,913 | -37.0% |
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 27 October 2026 via checked.be.