ANCAR: 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.
ANCAR
Largest movements
- Tangible fixed assets -€36,833
down €36,833 (-12.1%), from €304,193 to €267,360
of which Other tangible fixed assets: -€23,767
- Receivables within one year -€32,211
down €32,211 (-26.3%), from €122,263 to €90,052
of which Trade receivables: -€33,771
- Cash +€11,319
up €11,319 (+213.7%), from €5,298 to €16,617
mainly Depreciation (+€44,541) and Receivables within one year (+€32,211)
- Trade debts -€54,140
down €54,140 (-92.5%), from €58,537 to €4,397
- Debts after one year -€27,094
down €27,094 (-41.0%), from €66,157 to €39,063
- Other debts +€13,248
up €13,248 (+14.0%), from €94,749 to €107,997
- Accrued charges and deferred income +€9,220
up €9,220 (+122.6%), from €7,520 to €16,740
- Gross operating margin +€12,580
up €12,580 (+32.3%), from €38,914 to €51,494
- Depreciation +€2,693
up €2,693 (+6.4%), from €41,848 to €44,541
- Other operating charges -€1,035
down €1,035 (-22.8%), from €4,540 to €3,506
- Financial charges -€958
down €958 (-20.6%), from €4,646 to €3,688
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 | €433,279 | €375,554 | -€57,725 | -13.3% |
| Fixed assets | 21/28 | €304,218 | €267,385 | -€36,833 | -12.1% |
| Tangible fixed assets | 22/27 | €304,193 | €267,360 | -€36,833 | -12.1% |
| Land and buildings | 22 | €41,018 | €37,599 | -€3,419 | -8.3% |
| Plant, machinery and equipment | 23 | €573 | €358 | -€215 | -37.5% |
| Furniture and vehicles | 24 | €93,770 | €84,338 | -€9,432 | -10.1% |
| Other tangible fixed assets | 26 | €168,833 | €145,066 | -€23,767 | -14.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €129,061 | €108,169 | -€20,892 | -16.2% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €122,263 | €90,052 | -€32,211 | -26.3% |
| Trade receivables | 40 | €116,438 | €82,667 | -€33,771 | -29.0% |
| Other amounts receivable | 41 | €5,825 | €7,386 | +€1,560 | +26.8% |
| Cash at bank and in hand | 54/58 | €5,298 | €16,617 | +€11,319 | +213.7% |
| Total equity and liabilities | 10/49 | €433,279 | €375,554 | -€57,725 | -13.3% |
| Equity | 10/15 | €176,944 | €176,704 | -€241 | -0.1% |
| Contributions | 10/11 | €18,593 | €18,593 | = | 0.0% |
| Reserves | 13 | €153,851 | €153,851 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,851 | €51,851 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,500 | €4,260 | -€241 | -5.3% |
| Amounts payable | 17/49 | €256,334 | €198,850 | -€57,484 | -22.4% |
| Amounts payable after more than one year | 17 | €66,157 | €39,063 | -€27,094 | -41.0% |
| Financial debts | 170/4 | €66,157 | €39,063 | -€27,094 | -41.0% |
| Amounts payable within one year | 42/48 | €182,657 | €143,047 | -€39,610 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €26,190 | €27,117 | +€927 | +3.5% |
| Trade debts | 44 | €58,537 | €4,397 | -€54,140 | -92.5% |
| Suppliers | 440/4 | €58,537 | €4,397 | -€54,140 | -92.5% |
| Advances received on contracts in progress | 46 | €3,181 | €3,536 | +€355 | +11.2% |
| Other amounts payable | 47/48 | €94,749 | €107,997 | +€13,248 | +14.0% |
| Accrued charges and deferred income | 492/3 | €7,520 | €16,740 | +€9,220 | +122.6% |
| Non-recurring operating income | 76A | €4,752 | - | -€4,752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,848 | €44,541 | +€2,693 | +6.4% |
| Other operating charges | 640/8 | €4,540 | €3,506 | -€1,035 | -22.8% |
| Gross operating margin | 9900 | €38,914 | €51,494 | +€12,580 | +32.3% |
| Operating profit (loss) | 9901 | -€7,474 | €3,448 | +€10,921 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -84.6% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -84.6% |
| Financial charges | 65/66B | €4,646 | €3,688 | -€958 | -20.6% |
| Recurring financial charges | 65 | €4,646 | €3,688 | -€958 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,120 | -€241 | +€11,879 | +98.0% |
| Income taxes | 67/77 | €181 | - | -€181 | |
| Profit (loss) for the period | 9904 | -€12,302 | -€241 | +€12,061 | +98.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,302 | -€241 | +€12,061 | +98.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.