Ancrages: 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.
Ancrages
Largest movements
- Cash +€36,327
up €36,327 (+50.9%), from €71,414 to €107,742
mainly Net result for the year (+€35,676) and Depreciation (+€5,873)
- Tangible fixed assets -€4,721
down €4,721 (-31.9%), from €14,778 to €10,057
of which Furniture and vehicles: -€4,546
- Receivables within one year +€4,144
up €4,144 (+47.4%), from €8,736 to €12,880
- Deferred charges and accrued income -€1,748
down €1,748 (-24.0%), from €7,275 to €5,527
- Profit (loss) carried forward +€35,676
up €35,676 (+42.1%), from €84,767 to €120,443
- Tax, wage and social debts -€2,297
down €2,297 (-14.7%), from €15,647 to €13,351
of which Taxes: -€2,111
- Gross operating margin -€9,411
down €9,411 (-14.7%), from €63,974 to €54,563
- Taxes -€2,086
down €2,086 (-13.5%), from €15,461 to €13,376
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 | €104,414 | €137,793 | +€33,379 | +32.0% |
| Formation expenses | 20 | €2,211 | €1,587 | -€623 | -28.2% |
| Fixed assets | 21/28 | €14,778 | €10,057 | -€4,721 | -31.9% |
| Tangible fixed assets | 22/27 | €14,778 | €10,057 | -€4,721 | -31.9% |
| Furniture and vehicles | 24 | €13,151 | €8,604 | -€4,546 | -34.6% |
| Other tangible fixed assets | 26 | €1,627 | €1,453 | -€174 | -10.7% |
| Current assets | 29/58 | €87,426 | €126,149 | +€38,723 | +44.3% |
| Amounts receivable within one year | 40/41 | €8,736 | €12,880 | +€4,144 | +47.4% |
| Other amounts receivable | 41 | €8,736 | €12,880 | +€4,144 | +47.4% |
| Cash at bank and in hand | 54/58 | €71,414 | €107,742 | +€36,327 | +50.9% |
| Deferred charges and accrued income | 490/1 | €7,275 | €5,527 | -€1,748 | -24.0% |
| Total equity and liabilities | 10/49 | €104,414 | €137,793 | +€33,379 | +32.0% |
| Equity | 10/15 | €88,767 | €124,443 | +€35,676 | +40.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,767 | €120,443 | +€35,676 | +42.1% |
| Amounts payable | 17/49 | €15,647 | €13,351 | -€2,297 | -14.7% |
| Amounts payable within one year | 42/48 | €15,647 | €13,351 | -€2,297 | -14.7% |
| Taxes, remuneration and social security | 45 | €15,647 | €13,351 | -€2,297 | -14.7% |
| Taxes | 450/3 | €15,461 | €13,351 | -€2,111 | -13.7% |
| Remuneration and social security | 454/9 | €186 | - | -€186 | |
| Remuneration, social security and pensions | 62 | €4 | - | -€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,739 | €5,873 | +€134 | +2.3% |
| Other operating charges | 640/8 | €233 | €123 | -€110 | -47.3% |
| Gross operating margin | 9900 | €63,974 | €54,563 | -€9,411 | -14.7% |
| Operating profit (loss) | 9901 | €57,999 | €48,568 | -€9,431 | -16.3% |
| Financial income | 75/76B | €508 | €588 | +€80 | +15.8% |
| Recurring financial income | 75 | €508 | €588 | +€80 | +15.8% |
| Financial charges | 65/66B | €60 | €104 | +€44 | +74.2% |
| Recurring financial charges | 65 | €60 | €104 | +€44 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | €58,446 | €49,051 | -€9,395 | -16.1% |
| Income taxes | 67/77 | €15,461 | €13,376 | -€2,086 | -13.5% |
| Profit (loss) for the period | 9904 | €42,985 | €35,676 | -€7,309 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,985 | €35,676 | -€7,309 | -17.0% |
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 9 October 2026 via checked.be.