ANCORA GROUP: 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.
ANCORA GROUP
Largest movements
- Receivables within one year +€12,284
up €12,284 (+3756.5%), from €327 to €12,611
of which Trade receivables: +€10,244
- Financial fixed assets +€3,600
new in 2025: €3,600
- Tangible fixed assets +€2,746
new in 2025: €2,746
- Cash +€2,274
up €2,274 (+6689.0%), from €34 to €2,308
mainly Trade debts (+€27,064) and Short-term financial debts (+€22,739)
- Trade debts +€27,064
up €27,064 (+3922.3%), from €690 to €27,754
- Short-term financial debts +€22,739
new in 2025: €22,739
- Other debts -€19,324
no longer reported in 2025 (was €19,324)
- Profit (loss) carried forward -€18,990
down €18,990 (-49.6%), from -€38,253 to -€57,243
- Tax, wage and social debts +€9,415
new in 2025: €9,415
of which Remuneration and social security: +€5,588
- Staff costs +€42,012
up €42,012 (+2708.7%), from €1,551 to €43,563
- Gross operating margin +€32,478
up €32,478, from -€4,566 to €27,912
- Other operating charges +€1,666
new in 2025: €1,666
- Financial charges +€1,124
up €1,124 (+1030.9%), from €109 to €1,233
- Depreciation +€441
new in 2025: €441
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 | €361 | €21,265 | +€20,904 | +5790.6% |
| Fixed assets | 21/28 | - | €6,346 | +€6,346 | |
| Tangible fixed assets | 22/27 | - | €2,746 | +€2,746 | |
| Plant, machinery and equipment | 23 | - | €2,746 | +€2,746 | |
| Financial fixed assets | 28 | - | €3,600 | +€3,600 | |
| Current assets | 29/58 | €361 | €14,919 | +€14,558 | +4032.7% |
| Amounts receivable within one year | 40/41 | €327 | €12,611 | +€12,284 | +3756.5% |
| Trade receivables | 40 | - | €10,244 | +€10,244 | |
| Other amounts receivable | 41 | €327 | €2,366 | +€2,039 | +623.6% |
| Cash at bank and in hand | 54/58 | €34 | €2,308 | +€2,274 | +6689.0% |
| Total equity and liabilities | 10/49 | €361 | €21,265 | +€20,904 | +5790.6% |
| Equity | 10/15 | -€19,653 | -€38,643 | -€18,990 | -96.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,253 | -€57,243 | -€18,990 | -49.6% |
| Amounts payable | 17/49 | €20,014 | €59,909 | +€39,895 | +199.3% |
| Amounts payable within one year | 42/48 | €20,014 | €59,909 | +€39,895 | +199.3% |
| Financial debts | 43 | - | €22,739 | +€22,739 | |
| Credit institutions | 430/8 | - | €22,739 | +€22,739 | |
| Trade debts | 44 | €690 | €27,754 | +€27,064 | +3922.3% |
| Suppliers | 440/4 | €690 | €27,754 | +€27,064 | +3922.3% |
| Taxes, remuneration and social security | 45 | - | €9,415 | +€9,415 | |
| Taxes | 450/3 | - | €3,828 | +€3,828 | |
| Remuneration and social security | 454/9 | - | €5,588 | +€5,588 | |
| Other amounts payable | 47/48 | €19,324 | - | -€19,324 | |
| Remuneration, social security and pensions | 62 | €1,551 | €43,563 | +€42,012 | +2708.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €441 | +€441 | |
| Other operating charges | 640/8 | - | €1,666 | +€1,666 | |
| Gross operating margin | 9900 | -€4,566 | €27,912 | +€32,478 | |
| Operating profit (loss) | 9901 | -€6,117 | -€17,758 | -€11,641 | -190.3% |
| Financial income | 75/76B | €110 | €0 | -€110 | -100.0% |
| Recurring financial income | 75 | €110 | €0 | -€110 | -100.0% |
| Non-recurring financial income | 76B | €110 | - | -€110 | |
| Financial charges | 65/66B | €109 | €1,233 | +€1,124 | +1030.9% |
| Recurring financial charges | 65 | €109 | €1,233 | +€1,124 | +1030.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,116 | -€18,990 | -€12,874 | -210.5% |
| Profit (loss) for the period | 9904 | -€6,116 | -€18,990 | -€12,874 | -210.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,116 | -€18,990 | -€12,874 | -210.5% |
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 9 October 2026 via checked.be.