Ancovan: 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.
Ancovan
Largest movements
- Receivables within one year -€1,078
down €1,078 (-94.9%), from €1,136 to €57
- Cash -€358
down €358 (-59.1%), from €606 to €248
mainly Net result for the year (-€14,196) and Trade debts (-€4,000)
- Other debts +€16,760
up €16,760 (+45.3%), from €36,982 to €53,742
- Profit (loss) carried forward -€14,196
down €14,196 (-32.1%), from -€44,240 to -€58,437
- Trade debts -€4,000
down €4,000 (-100.0%), from €4,000 to €0
- Gross operating margin +€4,075
up €4,075 (+24.9%), from -€16,368 to -€12,293
- Financial charges +€435
up €435 (+46.3%), from €941 to €1,376
- Other operating charges +€402
up €402 (+318.8%), from €126 to €528
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 | €1,742 | €306 | -€1,436 | -82.5% |
| Current assets | 29/58 | €1,742 | €306 | -€1,436 | -82.5% |
| Amounts receivable within one year | 40/41 | €1,136 | €57 | -€1,078 | -94.9% |
| Other amounts receivable | 41 | €1,136 | €57 | -€1,078 | -94.9% |
| Cash at bank and in hand | 54/58 | €606 | €248 | -€358 | -59.1% |
| Total equity and liabilities | 10/49 | €1,742 | €306 | -€1,436 | -82.5% |
| Equity | 10/15 | -€39,240 | -€53,437 | -€14,196 | -36.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,240 | -€58,437 | -€14,196 | -32.1% |
| Amounts payable | 17/49 | €40,982 | €53,742 | +€12,760 | +31.1% |
| Amounts payable within one year | 42/48 | €40,982 | €53,742 | +€12,760 | +31.1% |
| Trade debts | 44 | €4,000 | €0 | -€4,000 | -100.0% |
| Suppliers | 440/4 | €4,000 | €0 | -€4,000 | -100.0% |
| Other amounts payable | 47/48 | €36,982 | €53,742 | +€16,760 | +45.3% |
| Other operating charges | 640/8 | €126 | €528 | +€402 | +318.8% |
| Gross operating margin | 9900 | -€16,368 | -€12,293 | +€4,075 | +24.9% |
| Operating profit (loss) | 9901 | -€16,494 | -€12,820 | +€3,673 | +22.3% |
| Financial charges | 65/66B | €941 | €1,376 | +€435 | +46.3% |
| Recurring financial charges | 65 | €941 | €1,376 | +€435 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,434 | -€14,196 | +€3,238 | +18.6% |
| Profit (loss) for the period | 9904 | -€17,434 | -€14,196 | +€3,238 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,434 | -€14,196 | +€3,238 | +18.6% |
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.