ANCLES: 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.
ANCLES
Largest movements
- Receivables within one year +€34,940
up €34,940 (+4,097%), from €853 to €35,793
of which Trade receivables: +€35,757
- Cash -€14,991
down €14,991 (-33.2%), from €45,130 to €30,139
mainly Receivables within one year (-€34,940) and Accrued charges and deferred income (-€24,642)
- Tangible fixed assets -€3,741
down €3,741 (-46.7%), from €8,013 to €4,272
of which Furniture and vehicles: -€2,140
- Profit (loss) carried forward +€32,974
up €32,974 (+18,761%), from €176 to €33,150
- Accrued charges and deferred income -€24,642
no longer reported in 2025 (was €24,642)
- Tax, wage and social debts +€7,058
up €7,058 (+107%), from €6,600 to €13,658
of which Taxes: +€5,558
- Other debts +€761
up €761 (+4.2%), from €18,000 to €18,761
- Gross operating margin +€7,917
up €7,917 (+18.9%), from €41,947 to €49,865
- Taxes +€6,760
up €6,760 (+133%), from €5,100 to €11,860
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,694 | €70,204 | +€15,510 | +28.4% |
| Fixed assets | 21/28 | €8,711 | €4,272 | -€4,439 | -51.0% |
| Intangible fixed assets | 21 | €698 | - | -€698 | |
| Tangible fixed assets | 22/27 | €8,013 | €4,272 | -€3,741 | -46.7% |
| Plant, machinery and equipment | 23 | €3,733 | €2,132 | -€1,601 | -42.9% |
| Furniture and vehicles | 24 | €4,280 | €2,140 | -€2,140 | -50.0% |
| Current assets | 29/58 | €45,983 | €65,931 | +€19,949 | +43.4% |
| Amounts receivable within one year | 40/41 | €853 | €35,793 | +€34,940 | +4,097% |
| Trade receivables | 40 | - | €35,757 | +€35,757 | |
| Other amounts receivable | 41 | €853 | €35 | -€817 | -95.9% |
| Cash at bank and in hand | 54/58 | €45,130 | €30,139 | -€14,991 | -33.2% |
| Total equity and liabilities | 10/49 | €54,694 | €70,204 | +€15,510 | +28.4% |
| Equity | 10/15 | €3,676 | €36,650 | +€32,974 | +897% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176 | €33,150 | +€32,974 | +18,761% |
| Amounts payable | 17/49 | €51,018 | €33,554 | -€17,464 | -34.2% |
| Amounts payable within one year | 42/48 | €26,376 | €33,554 | +€7,178 | +27.2% |
| Trade debts | 44 | €1,776 | €1,135 | -€641 | -36.1% |
| Suppliers | 440/4 | €1,776 | €1,135 | -€641 | -36.1% |
| Taxes, remuneration and social security | 45 | €6,600 | €13,658 | +€7,058 | +107% |
| Taxes | 450/3 | €6,600 | €12,158 | +€5,558 | +84.2% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €18,000 | €18,761 | +€761 | +4.2% |
| Accrued charges and deferred income | 492/3 | €24,642 | - | -€24,642 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,403 | €4,439 | +€35 | +0.8% |
| Other operating charges | 640/8 | €641 | €516 | -€125 | -19.5% |
| Gross operating margin | 9900 | €41,947 | €49,865 | +€7,917 | +18.9% |
| Operating profit (loss) | 9901 | €36,903 | €44,910 | +€8,007 | +21.7% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €84 | €75 | -€9 | -10.3% |
| Recurring financial charges | 65 | €84 | €75 | -€9 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €36,819 | €44,834 | +€8,016 | +21.8% |
| Income taxes | 67/77 | €5,100 | €11,860 | +€6,760 | +133% |
| Profit (loss) for the period | 9904 | €31,719 | €32,974 | +€1,256 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,719 | €32,974 | +€1,256 | +4.0% |
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.