ANCH: 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.
ANCH
Largest movements
- Cash +€5,258
up €5,258 (+32.7%), from €16,104 to €21,363
mainly Other debts (+€35,634) and Net result for the year (+€8,348)
- Receivables within one year +€2,438
up €2,438 (+39.5%), from €6,175 to €8,614
of which Other amounts receivable: +€1,340
- Deferred charges and accrued income +€1,343
new in 2025: €1,343
- Tangible fixed assets +€1,149
up €1,149 (+19.4%), from €5,931 to €7,081
- Intangible fixed assets -€800
down €800 (-75.0%), from €1,067 to €267
- Other debts +€35,634
up €35,634 (+29466.8%), from €121 to €35,755
- Reserves -€27,293
down €27,293 (-76.6%), from €35,641 to €8,348
- Tax, wage and social debts +€719
up €719 (+25.6%), from €2,813 to €3,532
- Gross operating margin -€27,010
down €27,010 (-60.3%), from €44,818 to €17,808
- Write-downs -€19,843
no longer reported in 2025 (was €19,843)
- Taxes -€3,036
down €3,036 (-45.7%), from €6,641 to €3,606
- Depreciation +€643
up €643 (+19.1%), from €3,365 to €4,008
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 | €58,196 | €67,513 | +€9,317 | +16.0% |
| Fixed assets | 21/28 | €6,998 | €7,347 | +€349 | +5.0% |
| Intangible fixed assets | 21 | €1,067 | €267 | -€800 | -75.0% |
| Tangible fixed assets | 22/27 | €5,931 | €7,081 | +€1,149 | +19.4% |
| Furniture and vehicles | 24 | €5,931 | €7,081 | +€1,149 | +19.4% |
| Current assets | 29/58 | €51,198 | €60,166 | +€8,968 | +17.5% |
| Stocks and contracts in progress | 3 | €28,919 | €28,847 | -€71 | -0.2% |
| Stocks | 30/36 | €28,919 | €28,847 | -€71 | -0.2% |
| Amounts receivable within one year | 40/41 | €6,175 | €8,614 | +€2,438 | +39.5% |
| Trade receivables | 40 | €6,158 | €7,256 | +€1,098 | +17.8% |
| Other amounts receivable | 41 | €17 | €1,357 | +€1,340 | +7877.8% |
| Cash at bank and in hand | 54/58 | €16,104 | €21,363 | +€5,258 | +32.7% |
| Deferred charges and accrued income | 490/1 | - | €1,343 | +€1,343 | |
| Total equity and liabilities | 10/49 | €58,196 | €67,513 | +€9,317 | +16.0% |
| Equity | 10/15 | €54,241 | €26,948 | -€27,293 | -50.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,641 | €8,348 | -€27,293 | -76.6% |
| Distributable reserves | 133 | €35,641 | €8,348 | -€27,293 | -76.6% |
| Amounts payable | 17/49 | €3,956 | €40,565 | +€36,609 | +925.4% |
| Amounts payable within one year | 42/48 | €3,956 | €40,565 | +€36,609 | +925.4% |
| Trade debts | 44 | €1,022 | €1,278 | +€256 | +25.1% |
| Suppliers | 440/4 | €1,022 | €1,278 | +€256 | +25.1% |
| Taxes, remuneration and social security | 45 | €2,813 | €3,532 | +€719 | +25.6% |
| Taxes | 450/3 | €2,813 | €3,532 | +€719 | +25.6% |
| Other amounts payable | 47/48 | €121 | €35,755 | +€35,634 | +29466.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,365 | €4,008 | +€643 | +19.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,843 | - | -€19,843 | |
| Other operating charges | 640/8 | €383 | €590 | +€207 | +53.9% |
| Gross operating margin | 9900 | €44,818 | €17,808 | -€27,010 | -60.3% |
| Operating profit (loss) | 9901 | €21,227 | €13,210 | -€8,017 | -37.8% |
| Financial income | 75/76B | €156 | €42 | -€114 | -73.0% |
| Recurring financial income | 75 | €156 | €42 | -€114 | -73.0% |
| Financial charges | 65/66B | €1,639 | €1,299 | -€340 | -20.8% |
| Recurring financial charges | 65 | €1,639 | €1,299 | -€340 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €19,744 | €11,954 | -€7,790 | -39.5% |
| Income taxes | 67/77 | €6,641 | €3,606 | -€3,036 | -45.7% |
| Profit (loss) for the period | 9904 | €13,103 | €8,348 | -€4,755 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,103 | €8,348 | -€4,755 | -36.3% |
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 11 October 2026 via checked.be.