ANCRIAN: what changed
Two fiscal 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.
ANCRIAN
Largest movements
- Tangible fixed assets -€50,717
down €50,717 (-4.2%), from €1.2m to €1.1m
of which Land and buildings: -€49,682
- Trade debts -€102,351
down €102,351 (-100.0%), from €102,368 to €17
- Other debts +€38,000
new in 2025: €38,000
- Reserves +€33,584
up €33,584 (+18.8%), from €178,707 to €212,291
- Gross operating margin +€56,055
up €56,055 (+114.2%), from €49,075 to €105,130
- Financial charges -€37,096
down €37,096 (-88.1%), from €42,105 to €5,009
- Depreciation +€5,651
up €5,651 (+12.2%), from €46,378 to €52,029
- Taxes +€3,358
new in 2025: €3,358
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 | €1,270,451 | €1,220,197 | -€50,254 | -4.0% |
| Fixed assets | 21/28 | €1,195,609 | €1,144,892 | -€50,717 | -4.2% |
| Tangible fixed assets | 22/27 | €1,195,609 | €1,144,892 | -€50,717 | -4.2% |
| Land and buildings | 22 | €1,181,901 | €1,132,219 | -€49,682 | -4.2% |
| Plant, machinery and equipment | 23 | €13,708 | €12,673 | -€1,035 | -7.6% |
| Current assets | 29/58 | €74,842 | €75,305 | +€463 | +0.6% |
| Amounts receivable within one year | 40/41 | €7,587 | €7,710 | +€123 | +1.6% |
| Other amounts receivable | 41 | €7,587 | €7,710 | +€123 | +1.6% |
| Cash at bank and in hand | 54/58 | €66,748 | €67,072 | +€324 | +0.5% |
| Deferred charges and accrued income | 490/1 | €507 | €523 | +€16 | +3.2% |
| Total equity and liabilities | 10/49 | €1,270,451 | €1,220,197 | -€50,254 | -4.0% |
| Equity | 10/15 | €681,683 | €715,266 | +€33,584 | +4.9% |
| Contributions | 10/11 | €419,441 | €419,441 | = | 0.0% |
| Reserves | 13 | €178,707 | €212,291 | +€33,584 | +18.8% |
| Distributable reserves | 133 | €178,707 | €212,291 | +€33,584 | +18.8% |
| Profit (loss) carried forward | 14 | €83,534 | €83,534 | = | 0.0% |
| Amounts payable | 17/49 | €588,769 | €504,931 | -€83,838 | -14.2% |
| Amounts payable after more than one year | 17 | €458,805 | €449,182 | -€9,623 | -2.1% |
| Financial debts | 170/4 | €455,305 | €443,382 | -€11,923 | -2.6% |
| Other amounts payable | 178/9 | €3,500 | €5,800 | +€2,300 | +65.7% |
| Amounts payable within one year | 42/48 | €129,963 | €55,748 | -€74,215 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €11,613 | €11,923 | +€310 | +2.7% |
| Trade debts | 44 | €102,368 | €17 | -€102,351 | -100.0% |
| Suppliers | 440/4 | €102,368 | €17 | -€102,351 | -100.0% |
| Advances received on contracts in progress | 46 | €1,500 | €2,450 | +€950 | +63.3% |
| Taxes, remuneration and social security | 45 | €14,482 | €3,358 | -€11,124 | -76.8% |
| Taxes | 450/3 | €14,482 | €3,358 | -€11,124 | -76.8% |
| Other amounts payable | 47/48 | - | €38,000 | +€38,000 | |
| Non-recurring operating income | 76A | €931 | €2,720 | +€1,789 | +192.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,378 | €52,029 | +€5,651 | +12.2% |
| Other operating charges | 640/8 | €11,772 | €11,150 | -€623 | -5.3% |
| Gross operating margin | 9900 | €49,075 | €105,130 | +€56,055 | +114.2% |
| Operating profit (loss) | 9901 | -€9,076 | €41,951 | +€51,027 | |
| Financial income | 75/76B | €434 | €0 | -€434 | -100.0% |
| Recurring financial income | 75 | €434 | €0 | -€434 | -100.0% |
| Financial charges | 65/66B | €42,105 | €5,009 | -€37,096 | -88.1% |
| Recurring financial charges | 65 | €42,105 | €5,009 | -€37,096 | -88.1% |
| Profit (loss) for the period before taxes | 9903 | -€50,747 | €36,942 | +€87,689 | |
| Income taxes | 67/77 | - | €3,358 | +€3,358 | |
| Profit (loss) for the period | 9904 | -€50,747 | €33,584 | +€84,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,747 | €33,584 | +€84,331 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.