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ANCHAFA: what changed

Two fiscal 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.

What changed

ANCHAFA

BE 0455.683.531
NACE 82.300, Organisation of conventions and trade shows
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€64,931
2024 · -€7,284-€57,646
Equity
-€99,048
2024 · -€34,118-€64,931
Cash
€486
2024 · €150+€336
Balance sheet total
€13,060
2024 · €23,584-€10,524

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€6,856

    down €6,856 (-36.1%), from €19,016 to €12,160

    of which Furniture and vehicles: -€5,994

  • Financial fixed assets -€4,126

    no longer reported in 2025 (was €4,126)

  • Cash +€336

    up €336 (+224.8%), from €150 to €486

    mainly Other debts (+€65,634) and Depreciation (+€6,856)

Equity and liabilities
  • Other debts +€65,634

    up €65,634 (+300.6%), from €21,832 to €87,466

  • Profit (loss) carried forward -€64,931

    down €64,931 (-118.1%), from -€54,977 to -€119,907

  • Contributions -€19,000

    no longer reported in 2025 (was €19,000)

  • Reserves +€19,000

    up €19,000 (+1021.9%), from €1,859 to €20,859

  • Debts after one year -€6,230

    down €6,230 (-49.0%), from €12,709 to €6,479

Income statement
  • Gross operating margin -€36,742

    down €36,742, from €4,999 to -€31,742

  • Financial charges +€21,102

    up €21,102 (+633.1%), from €3,333 to €24,436

    of which Financial charges: +€21,044

  • Financial income -€506

    down €506 (-99.6%), from €508 to €2

    of which Non-recurring financial income: -€502

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€7,284
Gross operating margin -€36,742
Staff costs +€220
Depreciation +€227
Other operating charges +€264
Financial income -€506
Financial charges -€21,102
Taxes -€7
Result 2025 -€64,931

Cash bridge derived

cash 2024 to 2025

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.

From operations +€2,992
Investment +€4,126
Financing -€6,782
Cash 2024 €150
Net result for the year -€64,931
Depreciation +€6,856
Smaller working-capital items -€122
Trade debts -€2,839
Tax, wage and social debts -€1,607
Other debts +€65,634
Investment in fixed assets (net) +€4,126
Debts after one year -€6,230
Current portion of long-term debt -€551
Cash 2025 €486
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €23,584 €13,060 -€10,524 -44.6%
Fixed assets 21/28 €23,142 €12,160 -€10,982 -47.5%
Tangible fixed assets 22/27 €19,016 €12,160 -€6,856 -36.1%
Land and buildings 22 €1,100 €238 -€863 -78.4%
Furniture and vehicles 24 €17,916 €11,922 -€5,994 -33.5%
Financial fixed assets 28 €4,126 - -€4,126
Current assets 29/58 €442 €900 +€458 +103.7%
Amounts receivable within one year 40/41 €254 €414 +€160 +62.8%
Other amounts receivable 41 €254 €414 +€160 +62.8%
Cash at bank and in hand 54/58 €150 €486 +€336 +224.8%
Deferred charges and accrued income 490/1 €38 - -€38
Total equity and liabilities 10/49 €23,584 €13,060 -€10,524 -44.6%
Equity 10/15 -€34,118 -€99,048 -€64,931 -190.3%
Contributions 10/11 €19,000 - -€19,000
Capital 10 €19,000 - -€19,000
Issued capital 100 €19,000 - -€19,000
Reserves 13 €1,859 €20,859 +€19,000 +1021.9%
Non-distributable reserves 130/1 €1,859 €20,859 +€19,000 +1021.9%
Legal reserve 130 €1,859 - -€1,859
Reserves not available under the articles 1311 - €20,859 +€20,859
Profit (loss) carried forward 14 -€54,977 -€119,907 -€64,931 -118.1%
Amounts payable 17/49 €57,701 €112,108 +€54,406 +94.3%
Amounts payable after more than one year 17 €12,709 €6,479 -€6,230 -49.0%
Financial debts 170/4 €12,709 €6,479 -€6,230 -49.0%
Amounts payable within one year 42/48 €44,992 €105,629 +€60,636 +134.8%
Current portion of amounts payable after more than one year 42 €6,480 €5,928 -€551 -8.5%
Trade debts 44 €14,085 €11,246 -€2,839 -20.2%
Suppliers 440/4 €14,085 €11,246 -€2,839 -20.2%
Taxes, remuneration and social security 45 €2,596 €989 -€1,607 -61.9%
Taxes 450/3 €2,596 €989 -€1,607 -61.9%
Other amounts payable 47/48 €21,832 €87,466 +€65,634 +300.6%
Remuneration, social security and pensions 62 €300 €80 -€220 -73.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,083 €6,856 -€227 -3.2%
Other operating charges 640/8 €1,735 €1,471 -€264 -15.2%
Gross operating margin 9900 €4,999 -€31,742 -€36,742
Operating profit (loss) 9901 -€4,119 -€40,149 -€36,031 -874.8%
Financial income 75/76B €508 €2 -€506 -99.6%
Recurring financial income 75 €6 €2 -€4 -65.1%
Non-recurring financial income 76B €502 - -€502
Financial charges 65/66B €3,333 €24,436 +€21,102 +633.1%
Recurring financial charges 65 €2,638 €23,682 +€21,044 +797.6%
Non-recurring financial charges 66B €695 €753 +€58 +8.4%
Profit (loss) for the period before taxes 9903 -€6,944 -€64,583 -€57,639 -830.0%
Income taxes 67/77 €340 €347 +€7 +2.1%
Profit (loss) for the period 9904 -€7,284 -€64,931 -€57,646 -791.4%
Profit (loss) for the period to be appropriated 9905 -€7,284 -€64,931 -€57,646 -791.4%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.