ANCIAUX: what changed
ANCIAUX
Largest movements
- Cash -€51,176
down €51,176 (-78.1%), from €65,519 to €14,343
mainly Debts after one year (-€71,744) and Net result for the year (-€47,187)
- Receivables within one year +€33,746
up €33,746 (+7.0%), from €480,159 to €513,905
of which Trade receivables: +€31,834
- Intangible fixed assets -€31,200
down €31,200 (-33.3%), from €93,600 to €62,400
- Stocks and contracts -€16,621
down €16,621 (-9.3%), from €178,241 to €161,621
- Tangible fixed assets -€15,609
down €15,609 (-19.1%), from €81,597 to €65,988
of which Other tangible fixed assets: -€8,937
- Debts after one year -€71,744
down €71,744 (-32.1%), from €223,242 to €151,498
- Profit (loss) carried forward -€47,187
down €47,187 (-71.5%), from €65,995 to €18,808
- Trade debts +€25,730
up €25,730 (+6.3%), from €408,984 to €434,714
- Tax, wage and social debts +€11,960
up €11,960 (+25.1%), from €47,702 to €59,663
of which Taxes: +€11,974
- Turnover -€1.4m
no longer reported in 2025 (was €1.4m)
- Purchases and services -€1.3m
no longer reported in 2025 (was €1.3m)
- Gross operating margin +€115,508
up €115,508 (+71.8%), from €160,919 to €276,427
- Staff costs +€64,774
up €64,774 (+30.3%), from €214,100 to €278,875
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €904,169 | €823,388 | -€80,780 | -8.9% |
| Fixed assets | 21/28 | €179,097 | €132,288 | -€46,809 | -26.1% |
| Intangible fixed assets | 21 | €93,600 | €62,400 | -€31,200 | -33.3% |
| Tangible fixed assets | 22/27 | €81,597 | €65,988 | -€15,609 | -19.1% |
| Plant, machinery and equipment | 23 | €28,787 | €22,986 | -€5,801 | -20.2% |
| Furniture and vehicles | 24 | €6,395 | €5,524 | -€871 | -13.6% |
| Other tangible fixed assets | 26 | €46,415 | €37,478 | -€8,937 | -19.3% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €725,072 | €691,100 | -€33,971 | -4.7% |
| Stocks and contracts in progress | 3 | €178,241 | €161,621 | -€16,621 | -9.3% |
| Stocks | 30/36 | €178,241 | €161,621 | -€16,621 | -9.3% |
| Amounts receivable within one year | 40/41 | €480,159 | €513,905 | +€33,746 | +7.0% |
| Trade receivables | 40 | €116,459 | €148,293 | +€31,834 | +27.3% |
| Other amounts receivable | 41 | €363,700 | €365,612 | +€1,912 | +0.5% |
| Cash at bank and in hand | 54/58 | €65,519 | €14,343 | -€51,176 | -78.1% |
| Deferred charges and accrued income | 490/1 | €1,153 | €1,231 | +€79 | +6.8% |
| Total equity and liabilities | 10/49 | €904,169 | €823,388 | -€80,780 | -8.9% |
| Equity | 10/15 | €152,740 | €105,553 | -€47,187 | -30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,145 | €68,145 | = | 0.0% |
| Distributable reserves | 133 | €68,145 | €68,145 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,995 | €18,808 | -€47,187 | -71.5% |
| Amounts payable | 17/49 | €751,429 | €717,835 | -€33,593 | -4.5% |
| Amounts payable after more than one year | 17 | €223,242 | €151,498 | -€71,744 | -32.1% |
| Financial debts | 170/4 | €223,242 | €151,498 | -€71,744 | -32.1% |
| Amounts payable within one year | 42/48 | €528,187 | €566,337 | +€38,150 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €71,283 | €71,744 | +€460 | +0.6% |
| Trade debts | 44 | €408,984 | €434,714 | +€25,730 | +6.3% |
| Suppliers | 440/4 | €408,984 | €434,714 | +€25,730 | +6.3% |
| Taxes, remuneration and social security | 45 | €47,702 | €59,663 | +€11,960 | +25.1% |
| Taxes | 450/3 | €5,709 | €17,683 | +€11,974 | +210% |
| Remuneration and social security | 454/9 | €41,994 | €41,980 | -€14 | 0.0% |
| Other amounts payable | 47/48 | €217 | €217 | = | 0.0% |
| Turnover | 70 | €1,427,350 | - | -€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,270,720 | - | -€1.3m | |
| Remuneration, social security and pensions | 62 | €214,100 | €278,875 | +€64,774 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,247 | €47,357 | +€110 | +0.2% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €160,919 | €276,427 | +€115,508 | +71.8% |
| Operating profit (loss) | 9901 | -€101,395 | -€50,803 | +€50,592 | +49.9% |
| Financial income | 75/76B | €7,751 | €11,984 | +€4,233 | +54.6% |
| Recurring financial income | 75 | €7,751 | €11,984 | +€4,233 | +54.6% |
| Financial charges | 65/66B | €5,012 | €8,368 | +€3,356 | +67.0% |
| Recurring financial charges | 65 | €5,012 | €8,368 | +€3,356 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | -€98,656 | -€47,187 | +€51,469 | +52.2% |
| Profit (loss) for the period | 9904 | -€98,656 | -€47,187 | +€51,469 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,656 | -€47,187 | +€51,469 | +52.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.