ANCA: 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.
ANCA
Largest movements
- Tangible fixed assets -€13,012
down €13,012 (-7.9%), from €163,790 to €150,779
of which Land and buildings: -€10,543
- Cash +€4,483
up €4,483 (+86.0%), from €5,212 to €9,695
mainly Depreciation (+€14,587) and Net result for the year (+€11,145)
- Receivables within one year -€3,413
down €3,413 (-57.4%), from €5,947 to €2,534
of which Trade receivables: -€3,311
- Debts after one year -€19,157
down €19,157 (-15.4%), from €124,667 to €105,509
- Reserves +€9,469
up €9,469 (+75.9%), from €12,482 to €21,952
- Trade debts -€8,101
down €8,101 (-93.5%), from €8,668 to €567
- Gross operating margin +€13,918
up €13,918 (+48.8%), from €28,531 to €42,449
- Taxes +€2,573
new in 2025: €2,573
- Depreciation +€1,145
up €1,145 (+8.5%), from €13,442 to €14,587
- Financial charges -€781
down €781 (-8.7%), from €8,992 to €8,211
- Staff costs +€568
up €568 (+33.7%), from €1,688 to €2,257
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 | €176,950 | €163,808 | -€13,142 | -7.4% |
| Fixed assets | 21/28 | €163,790 | €150,779 | -€13,012 | -7.9% |
| Tangible fixed assets | 22/27 | €163,790 | €150,779 | -€13,012 | -7.9% |
| Land and buildings | 22 | €140,962 | €130,419 | -€10,543 | -7.5% |
| Plant, machinery and equipment | 23 | €20,522 | €18,210 | -€2,311 | -11.3% |
| Furniture and vehicles | 24 | €2,306 | €2,149 | -€157 | -6.8% |
| Current assets | 29/58 | €13,160 | €13,030 | -€130 | -1.0% |
| Stocks and contracts in progress | 3 | €2,000 | €800 | -€1,200 | -60.0% |
| Stocks | 30/36 | €2,000 | €800 | -€1,200 | -60.0% |
| Amounts receivable within one year | 40/41 | €5,947 | €2,534 | -€3,413 | -57.4% |
| Trade receivables | 40 | €4,845 | €1,534 | -€3,311 | -68.3% |
| Other amounts receivable | 41 | €1,103 | €1,000 | -€103 | -9.3% |
| Cash at bank and in hand | 54/58 | €5,212 | €9,695 | +€4,483 | +86.0% |
| Total equity and liabilities | 10/49 | €176,950 | €163,808 | -€13,142 | -7.4% |
| Equity | 10/15 | €23,207 | €34,352 | +€11,145 | +48.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €12,482 | €21,952 | +€9,469 | +75.9% |
| Distributable reserves | 133 | €12,482 | €21,952 | +€9,469 | +75.9% |
| Profit (loss) carried forward | 14 | -€1,675 | €0 | +€1,675 | |
| Amounts payable | 17/49 | €153,743 | €129,457 | -€24,286 | -15.8% |
| Amounts payable after more than one year | 17 | €124,667 | €105,509 | -€19,157 | -15.4% |
| Financial debts | 170/4 | €124,667 | €105,509 | -€19,157 | -15.4% |
| Amounts payable within one year | 42/48 | €29,077 | €23,947 | -€5,129 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €18,114 | €19,157 | +€1,043 | +5.8% |
| Trade debts | 44 | €8,668 | €567 | -€8,101 | -93.5% |
| Suppliers | 440/4 | €8,668 | €567 | -€8,101 | -93.5% |
| Taxes, remuneration and social security | 45 | €0 | €1,266 | +€1,266 | |
| Taxes | 450/3 | €0 | €1,266 | +€1,266 | |
| Other amounts payable | 47/48 | €2,294 | €2,957 | +€663 | +28.9% |
| Remuneration, social security and pensions | 62 | €1,688 | €2,257 | +€568 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,442 | €14,587 | +€1,145 | +8.5% |
| Other operating charges | 640/8 | €3,767 | €3,678 | -€89 | -2.4% |
| Gross operating margin | 9900 | €28,531 | €42,449 | +€13,918 | +48.8% |
| Operating profit (loss) | 9901 | €9,634 | €21,929 | +€12,295 | +128% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,992 | €8,211 | -€781 | -8.7% |
| Recurring financial charges | 65 | €8,992 | €8,211 | -€781 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €642 | €13,718 | +€13,075 | +2,036% |
| Income taxes | 67/77 | - | €2,573 | +€2,573 | |
| Profit (loss) for the period | 9904 | €642 | €11,145 | +€10,502 | +1,635% |
| Profit (loss) for the period to be appropriated | 9905 | €642 | €11,145 | +€10,502 | +1,635% |
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.