ANCART: 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.
ANCART
Largest movements
- Receivables within one year +€17,803
up €17,803 (+14.3%), from €124,925 to €142,728
of which Other amounts receivable: +€13,329
- Deferred charges and accrued income -€11,184
down €11,184 (-45.6%), from €24,509 to €13,325
- Cash -€7,031
down €7,031 (-80.2%), from €8,764 to €1,733
mainly Receivables within one year (-€17,803) and Current portion of long-term debt (-€9,578)
- Tangible fixed assets -€6,119
down €6,119 (-32.6%), from €18,755 to €12,636
of which Plant, machinery and equipment: -€4,373
- Profit (loss) carried forward +€10,306
up €10,306 (+26.2%), from €39,347 to €49,653
- Current portion of long-term debt -€9,578
down €9,578 (-43.1%), from €22,207 to €12,629
- Trade debts -€7,292
down €7,292 (-56.0%), from €13,029 to €5,737
- Staff costs -€10,465
down €10,465 (-13.0%), from €80,766 to €70,301
- Purchases and services -€10,220
down €10,220 (-4.0%), from €257,053 to €246,833
- Gross operating margin +€10,092
up €10,092 (+13.4%), from €75,325 to €85,417
- Turnover +€8,996
up €8,996 (+2.8%), from €323,160 to €332,156
- Other operating charges -€3,739
down €3,739 (-40.6%), from €9,207 to €5,468
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,519 | €173,082 | -€6,437 | -3.6% |
| Fixed assets | 21/28 | €18,990 | €12,871 | -€6,119 | -32.2% |
| Tangible fixed assets | 22/27 | €18,755 | €12,636 | -€6,119 | -32.6% |
| Plant, machinery and equipment | 23 | €9,478 | €5,105 | -€4,373 | -46.1% |
| Furniture and vehicles | 24 | €8,917 | €7,171 | -€1,746 | -19.6% |
| Leasing and similar rights | 25 | €360 | €360 | = | 0.0% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €160,529 | €160,211 | -€318 | -0.2% |
| Stocks and contracts in progress | 3 | €2,331 | €2,425 | +€94 | +4.0% |
| Stocks | 30/36 | €2,331 | €2,425 | +€94 | +4.0% |
| Amounts receivable within one year | 40/41 | €124,925 | €142,728 | +€17,803 | +14.3% |
| Trade receivables | 40 | - | €4,474 | +€4,474 | |
| Other amounts receivable | 41 | €124,925 | €138,254 | +€13,329 | +10.7% |
| Cash at bank and in hand | 54/58 | €8,764 | €1,733 | -€7,031 | -80.2% |
| Deferred charges and accrued income | 490/1 | €24,509 | €13,325 | -€11,184 | -45.6% |
| Total equity and liabilities | 10/49 | €179,519 | €173,082 | -€6,437 | -3.6% |
| Equity | 10/15 | €139,326 | €149,632 | +€10,306 | +7.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €37,979 | €37,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,385 | €2,385 | = | 0.0% |
| Legal reserve | 130 | €2,385 | €2,385 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,594 | €35,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,347 | €49,653 | +€10,306 | +26.2% |
| Amounts payable | 17/49 | €40,193 | €23,450 | -€16,743 | -41.7% |
| Amounts payable after more than one year | 17 | €310 | €310 | = | 0.0% |
| Financial debts | 170/4 | €310 | €310 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,883 | €23,140 | -€16,743 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €22,207 | €12,629 | -€9,578 | -43.1% |
| Financial debts | 43 | €1,547 | €393 | -€1,154 | -74.6% |
| Credit institutions | 430/8 | €1,547 | €393 | -€1,154 | -74.6% |
| Trade debts | 44 | €13,029 | €5,737 | -€7,292 | -56.0% |
| Suppliers | 440/4 | €13,029 | €5,737 | -€7,292 | -56.0% |
| Taxes, remuneration and social security | 45 | €3,100 | €4,381 | +€1,281 | +41.3% |
| Taxes | 450/3 | €1,169 | €1,549 | +€380 | +32.5% |
| Remuneration and social security | 454/9 | €1,931 | €2,832 | +€901 | +46.7% |
| Turnover | 70 | €323,160 | €332,156 | +€8,996 | +2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €257,053 | €246,833 | -€10,220 | -4.0% |
| Remuneration, social security and pensions | 62 | €80,766 | €70,301 | -€10,465 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,660 | €6,334 | -€326 | -4.9% |
| Other operating charges | 640/8 | €9,207 | €5,468 | -€3,739 | -40.6% |
| Non-recurring operating charges | 66A | €5,018 | €3,600 | -€1,418 | -28.3% |
| Gross operating margin | 9900 | €75,325 | €85,417 | +€10,092 | +13.4% |
| Operating profit (loss) | 9901 | -€26,326 | -€286 | +€26,040 | +98.9% |
| Financial income | 75/76B | €12,335 | €11,901 | -€434 | -3.5% |
| Recurring financial income | 75 | €12,335 | €11,901 | -€434 | -3.5% |
| Financial charges | 65/66B | €1,721 | €1,309 | -€412 | -23.9% |
| Recurring financial charges | 65 | €1,721 | €1,309 | -€412 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,712 | €10,306 | +€26,018 | |
| Income taxes | 67/77 | €165 | - | -€165 | |
| Profit (loss) for the period | 9904 | -€15,877 | €10,306 | +€26,183 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,877 | €10,306 | +€26,183 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.