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
- Current investments +€18,689
up €18,689 (+929.0%), from €2,012 to €20,701
- Stocks and contracts -€3,951
down €3,951 (-74.6%), from €5,294 to €1,343
- Tangible fixed assets +€2,435
up €2,435 (+346.1%), from €703 to €3,138
- Deferred charges and accrued income +€1,720
new in 2025: €1,720
- Reserves +€14,000
up €14,000 (+129.5%), from €10,812 to €24,812
- Tax, wage and social debts +€3,717
up €3,717 (+148.9%), from €2,496 to €6,213
of which Taxes: +€3,889
- Short-term financial debts -€2,084
no longer reported in 2025 (was €2,084)
- Trade debts +€1,588
up €1,588 (+627.1%), from €253 to €1,842
- Gross operating margin +€19,963
up €19,963 (+53.9%), from €37,035 to €56,998
- Other operating charges +€5,369
up €5,369 (+280.0%), from €1,917 to €7,286
- Taxes +€4,561
up €4,561 (+190.0%), from €2,400 to €6,961
- Financial charges +€1,090
up €1,090 (+56.4%), from €1,931 to €3,022
- Depreciation +€902
up €902 (+136.0%), from €663 to €1,564
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.
Cash bridge derived
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 | €83,255 | €100,979 | +€17,725 | +21.3% |
| Fixed assets | 21/28 | €703 | €3,138 | +€2,435 | +346.1% |
| Tangible fixed assets | 22/27 | €703 | €3,138 | +€2,435 | +346.1% |
| Furniture and vehicles | 24 | €703 | €3,138 | +€2,435 | +346.1% |
| Current assets | 29/58 | €82,551 | €97,841 | +€15,290 | +18.5% |
| Stocks and contracts in progress | 3 | €5,294 | €1,343 | -€3,951 | -74.6% |
| Stocks | 30/36 | €5,294 | €1,343 | -€3,951 | -74.6% |
| Amounts receivable within one year | 40/41 | €35,442 | €35,090 | -€352 | -1.0% |
| Trade receivables | 40 | €2,890 | €483 | -€2,406 | -83.3% |
| Other amounts receivable | 41 | €32,552 | €34,606 | +€2,054 | +6.3% |
| Current investments | 50/53 | €2,012 | €20,701 | +€18,689 | +929.0% |
| Cash at bank and in hand | 54/58 | €39,804 | €38,988 | -€816 | -2.1% |
| Deferred charges and accrued income | 490/1 | - | €1,720 | +€1,720 | |
| Total equity and liabilities | 10/49 | €83,255 | €100,979 | +€17,725 | +21.3% |
| Equity | 10/15 | €78,421 | €92,925 | +€14,504 | +18.5% |
| Contributions | 10/11 | €18,500 | €18,500 | = | 0.0% |
| Capital | 10 | €18,500 | - | -€18,500 | |
| Issued capital | 100 | €18,500 | - | -€18,500 | |
| Reserves | 13 | €10,812 | €24,812 | +€14,000 | +129.5% |
| Distributable reserves | 133 | €10,812 | €24,812 | +€14,000 | +129.5% |
| Profit (loss) carried forward | 14 | €49,109 | €49,613 | +€504 | +1.0% |
| Amounts payable | 17/49 | €4,833 | €8,054 | +€3,221 | +66.6% |
| Amounts payable within one year | 42/48 | €4,833 | €8,054 | +€3,221 | +66.6% |
| Financial debts | 43 | €2,084 | - | -€2,084 | |
| Credit institutions | 430/8 | €2,084 | - | -€2,084 | |
| Trade debts | 44 | €253 | €1,842 | +€1,588 | +627.1% |
| Suppliers | 440/4 | €253 | €1,842 | +€1,588 | +627.1% |
| Taxes, remuneration and social security | 45 | €2,496 | €6,213 | +€3,717 | +148.9% |
| Taxes | 450/3 | €1,455 | €5,344 | +€3,889 | +267.3% |
| Remuneration and social security | 454/9 | €1,041 | €869 | -€172 | -16.5% |
| Remuneration, social security and pensions | 62 | €23,671 | €23,662 | -€9 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €663 | €1,564 | +€902 | +136.0% |
| Other operating charges | 640/8 | €1,917 | €7,286 | +€5,369 | +280.0% |
| Gross operating margin | 9900 | €37,035 | €56,998 | +€19,963 | +53.9% |
| Operating profit (loss) | 9901 | €10,784 | €24,486 | +€13,702 | +127.1% |
| Financial charges | 65/66B | €1,931 | €3,022 | +€1,090 | +56.4% |
| Recurring financial charges | 65 | €1,931 | €3,022 | +€1,090 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €8,853 | €21,464 | +€12,612 | +142.5% |
| Income taxes | 67/77 | €2,400 | €6,961 | +€4,561 | +190.0% |
| Profit (loss) for the period | 9904 | €6,453 | €14,504 | +€8,051 | +124.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,453 | €14,504 | +€8,051 | +124.8% |
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 12 October 2026 via checked.be.