Anchor 119: 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.
What changed
Anchor 119
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,033
2024 · €27,432+€1,601
Equity
€100,560
2024 · €71,527+€29,033
Cash
€39,628
2024 · €23,222+€16,406
Balance sheet total
€2.1m
2024 · €2.2m-€82,172
Largest movements
Assets
- Tangible fixed assets -€94,108
down €94,108 (-4.4%), from €2.1m to €2.0m
of which Land and buildings: -€92,007
Equity and liabilities
- Debts after one year -€126,727
down €126,727 (-6.4%), from €2.0m to €1.8m
- Profit (loss) carried forward +€29,033
up €29,033 (+56.3%), from €51,527 to €80,560
Income statement
- Financial charges -€1,746
down €1,746 (-4.7%), from €37,033 to €35,287
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.
Result 2024
€27,432
Gross operating margin
+€104
Depreciation
-€335
Other operating charges
+€352
Other operating items
+€602
Financial charges
+€1,746
Taxes
-€868
Result 2025
€29,033
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€143,357
Investment
-€2,000
Financing
-€124,951
Cash 2024
€23,222
From operations (derived)
+€143,357
Net result for the year
+€29,033
Depreciation
+€96,108
Receivables within one year
+€4,553
Deferred charges and accrued income
-€82
Trade debts
+€9,580
Tax, wage and social debts
+€1,017
Accrued charges and deferred income
+€3,150
Investment (derived)
-€2,000
Investment in fixed assets (net)
-€2,000
Financing
-€124,951
Debts after one year
-€126,727
Current portion of long-term debt
+€1,775
Cash 2025
€39,628
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,164,418 | €2,082,246 | -€82,172 | -3.8% |
| Fixed assets | 21/28 | €2,133,770 | €2,039,663 | -€94,108 | -4.4% |
| Tangible fixed assets | 22/27 | €2,133,770 | €2,039,663 | -€94,108 | -4.4% |
| Land and buildings | 22 | €2,116,163 | €2,024,156 | -€92,007 | -4.3% |
| Plant, machinery and equipment | 23 | €17,608 | €15,507 | -€2,101 | -11.9% |
| Current assets | 29/58 | €30,648 | €42,583 | +€11,935 | +38.9% |
| Amounts receivable within one year | 40/41 | €4,553 | - | -€4,553 | |
| Trade receivables | 40 | €4,553 | - | -€4,553 | |
| Cash at bank and in hand | 54/58 | €23,222 | €39,628 | +€16,406 | +70.6% |
| Deferred charges and accrued income | 490/1 | €2,873 | €2,956 | +€82 | +2.9% |
| Total equity and liabilities | 10/49 | €2,164,418 | €2,082,246 | -€82,172 | -3.8% |
| Equity | 10/15 | €71,527 | €100,560 | +€29,033 | +40.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Profit (loss) carried forward | 14 | €51,527 | €80,560 | +€29,033 | +56.3% |
| Amounts payable | 17/49 | €2,092,891 | €1,981,686 | -€111,205 | -5.3% |
| Amounts payable after more than one year | 17 | €1,968,924 | €1,842,197 | -€126,727 | -6.4% |
| Financial debts | 170/4 | €1,968,924 | €1,842,197 | -€126,727 | -6.4% |
| Amounts payable within one year | 42/48 | €123,967 | €136,338 | +€12,371 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €105,951 | €107,727 | +€1,775 | +1.7% |
| Trade debts | 44 | €8,315 | €17,895 | +€9,580 | +115% |
| Suppliers | 440/4 | €8,315 | €17,895 | +€9,580 | +115% |
| Taxes, remuneration and social security | 45 | €9,700 | €10,717 | +€1,017 | +10.5% |
| Taxes | 450/3 | €9,700 | €10,717 | +€1,017 | +10.5% |
| Accrued charges and deferred income | 492/3 | - | €3,150 | +€3,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,772 | €96,108 | +€335 | +0.4% |
| Other operating charges | 640/8 | €3,785 | €3,433 | -€352 | -9.3% |
| Non-recurring operating charges | 66A | €602 | - | -€602 | |
| Gross operating margin | 9900 | €174,325 | €174,429 | +€104 | +0.1% |
| Operating profit (loss) | 9901 | €74,166 | €74,889 | +€723 | +1.0% |
| Financial charges | 65/66B | €37,033 | €35,287 | -€1,746 | -4.7% |
| Recurring financial charges | 65 | €37,033 | €35,287 | -€1,746 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €37,132 | €39,601 | +€2,469 | +6.6% |
| Income taxes | 67/77 | €9,700 | €10,569 | +€868 | +9.0% |
| Profit (loss) for the period | 9904 | €27,432 | €29,033 | +€1,601 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,432 | €29,033 | +€1,601 | +5.8% |
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 15 October 2026 via checked.be.