ANCHI: 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.
ANCHI
Largest movements
- Cash -€81,577
down €81,577 (-57.6%), from €141,603 to €60,026
mainly Other debts (-€120,247) and Receivables within one year (-€29,207)
- Receivables within one year +€29,207
up €29,207 (+14.4%), from €202,198 to €231,404
of which Trade receivables: +€36,130
- Tangible fixed assets -€22,181
down €22,181 (-7.1%), from €313,398 to €291,217
- Stocks and contracts +€15,219
up €15,219 (+50.7%), from €30,024 to €45,242
- Other debts -€120,247
down €120,247 (-39.0%), from €308,561 to €188,314
- Trade debts +€66,826
new in 2025: €66,826
- Debts after one year -€20,654
down €20,654 (-16.0%), from €128,921 to €108,267
- Reserves +€14,408
up €14,408 (+6.6%), from €218,062 to €232,470
- Gross operating margin -€181,417
down €181,417 (-65.7%), from €276,225 to €94,808
- Staff costs -€40,612
down €40,612 (-52.7%), from €77,060 to €36,448
- Taxes -€33,254
down €33,254 (-86.9%), from €38,259 to €5,005
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 | €697,705 | €638,041 | -€59,665 | -8.6% |
| Fixed assets | 21/28 | €319,380 | €296,936 | -€22,444 | -7.0% |
| Intangible fixed assets | 21 | €2,232 | €1,969 | -€263 | -11.8% |
| Tangible fixed assets | 22/27 | €313,398 | €291,217 | -€22,181 | -7.1% |
| Land and buildings | 22 | €250,979 | €240,296 | -€10,683 | -4.3% |
| Plant, machinery and equipment | 23 | €11,791 | €6,463 | -€5,328 | -45.2% |
| Furniture and vehicles | 24 | €45,324 | €39,698 | -€5,626 | -12.4% |
| Other tangible fixed assets | 26 | €5,304 | €4,760 | -€544 | -10.2% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €378,325 | €341,105 | -€37,220 | -9.8% |
| Stocks and contracts in progress | 3 | €30,024 | €45,242 | +€15,219 | +50.7% |
| Stocks | 30/36 | €30,024 | €45,242 | +€15,219 | +50.7% |
| Amounts receivable within one year | 40/41 | €202,198 | €231,404 | +€29,207 | +14.4% |
| Trade receivables | 40 | €121,998 | €158,128 | +€36,130 | +29.6% |
| Other amounts receivable | 41 | €80,200 | €73,276 | -€6,923 | -8.6% |
| Cash at bank and in hand | 54/58 | €141,603 | €60,026 | -€81,577 | -57.6% |
| Deferred charges and accrued income | 490/1 | €4,500 | €4,431 | -€69 | -1.5% |
| Total equity and liabilities | 10/49 | €697,705 | €638,041 | -€59,665 | -8.6% |
| Equity | 10/15 | €236,662 | €251,070 | +€14,408 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €218,062 | €232,470 | +€14,408 | +6.6% |
| Distributable reserves | 133 | €218,062 | €232,470 | +€14,408 | +6.6% |
| Amounts payable | 17/49 | €461,043 | €386,970 | -€74,073 | -16.1% |
| Amounts payable after more than one year | 17 | €128,921 | €108,267 | -€20,654 | -16.0% |
| Financial debts | 170/4 | €128,921 | €108,267 | -€20,654 | -16.0% |
| Amounts payable within one year | 42/48 | €331,629 | €278,453 | -€53,176 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €19,914 | €20,654 | +€739 | +3.7% |
| Trade debts | 44 | - | €66,826 | +€66,826 | |
| Suppliers | 440/4 | - | €66,826 | +€66,826 | |
| Taxes, remuneration and social security | 45 | €3,153 | €2,659 | -€495 | -15.7% |
| Taxes | 450/3 | €843 | €349 | -€495 | -58.6% |
| Remuneration and social security | 454/9 | €2,310 | €2,310 | = | 0.0% |
| Other amounts payable | 47/48 | €308,561 | €188,314 | -€120,247 | -39.0% |
| Accrued charges and deferred income | 492/3 | €493 | €250 | -€243 | -49.3% |
| Remuneration, social security and pensions | 62 | €77,060 | €36,448 | -€40,612 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,509 | €33,248 | +€2,739 | +9.0% |
| Other operating charges | 640/8 | €1,911 | €2,255 | +€345 | +18.0% |
| Non-recurring operating charges | 66A | - | €470 | +€470 | |
| Gross operating margin | 9900 | €276,225 | €94,808 | -€181,417 | -65.7% |
| Operating profit (loss) | 9901 | €166,745 | €22,385 | -€144,360 | -86.6% |
| Financial income | 75/76B | €1,218 | €703 | -€515 | -42.3% |
| Recurring financial income | 75 | €1,218 | €703 | -€515 | -42.3% |
| Financial charges | 65/66B | €4,546 | €3,675 | -€871 | -19.2% |
| Recurring financial charges | 65 | €4,546 | €3,675 | -€871 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €163,418 | €19,414 | -€144,004 | -88.1% |
| Income taxes | 67/77 | €38,259 | €5,005 | -€33,254 | -86.9% |
| Profit (loss) for the period | 9904 | €125,158 | €14,408 | -€110,750 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €125,158 | €14,408 | -€110,750 | -88.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.