Ancyvan: 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.
Ancyvan
Largest movements
- Cash +€132,482
up €132,482 (+84.6%), from €156,568 to €289,050
mainly Net result for the year (+€115,556) and Trade debts (+€56,797)
- Stocks and contracts +€31,113
up €31,113 (+29.3%), from €106,327 to €137,440
- Tangible fixed assets +€27,948
up €27,948 (+22.1%), from €126,703 to €154,650
of which Plant, machinery and equipment: +€51,058
- Receivables within one year +€13,553
up €13,553 (+9.7%), from €139,234 to €152,787
of which Other amounts receivable: +€35,127
- Reserves +€115,556
up €115,556 (+30.0%), from €385,206 to €500,761
of which Distributable reserves: +€115,556
- Trade debts +€56,797
up €56,797 (+210.4%), from €26,997 to €83,794
- Advances received +€26,398
up €26,398 (+5684.6%), from €464 to €26,862
- Current portion of long-term debt +€8,500
up €8,500 (+34.0%), from €25,000 to €33,500
- Gross operating margin -€141,660
down €141,660 (-41.4%), from €342,080 to €200,420
- Taxes -€43,810
down €43,810 (-45.5%), from €96,217 to €52,406
- Financial income +€3,527
up €3,527 (+113.7%), from €3,102 to €6,629
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 | €529,409 | €735,239 | +€205,830 | +38.9% |
| Fixed assets | 21/28 | €126,703 | €154,650 | +€27,948 | +22.1% |
| Tangible fixed assets | 22/27 | €126,703 | €154,650 | +€27,948 | +22.1% |
| Land and buildings | 22 | €116,484 | €91,258 | -€25,227 | -21.7% |
| Plant, machinery and equipment | 23 | €10,219 | €61,277 | +€51,058 | +499.7% |
| Furniture and vehicles | 24 | - | €2,116 | +€2,116 | |
| Current assets | 29/58 | €402,706 | €580,588 | +€177,882 | +44.2% |
| Stocks and contracts in progress | 3 | €106,327 | €137,440 | +€31,113 | +29.3% |
| Stocks | 30/36 | €106,327 | €137,440 | +€31,113 | +29.3% |
| Amounts receivable within one year | 40/41 | €139,234 | €152,787 | +€13,553 | +9.7% |
| Trade receivables | 40 | €133,822 | €112,247 | -€21,575 | -16.1% |
| Other amounts receivable | 41 | €5,412 | €40,540 | +€35,127 | +649.0% |
| Current investments | 50/53 | €150 | €150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €156,568 | €289,050 | +€132,482 | +84.6% |
| Deferred charges and accrued income | 490/1 | €427 | €1,162 | +€735 | +172.1% |
| Total equity and liabilities | 10/49 | €529,409 | €735,239 | +€205,830 | +38.9% |
| Equity | 10/15 | €432,371 | €547,926 | +€115,556 | +26.7% |
| Contributions | 10/11 | €47,165 | €47,165 | = | 0.0% |
| Reserves | 13 | €385,206 | €500,761 | +€115,556 | +30.0% |
| Tax-exempt reserves | 132 | €16,614 | €16,614 | = | 0.0% |
| Distributable reserves | 133 | €368,592 | €484,147 | +€115,556 | +31.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €97,038 | €187,313 | +€90,274 | +93.0% |
| Amounts payable after more than one year | 17 | €31,250 | €31,042 | -€208 | -0.7% |
| Financial debts | 170/4 | €31,250 | €31,042 | -€208 | -0.7% |
| Amounts payable within one year | 42/48 | €65,788 | €156,271 | +€90,483 | +137.5% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €33,500 | +€8,500 | +34.0% |
| Trade debts | 44 | €26,997 | €83,794 | +€56,797 | +210.4% |
| Suppliers | 440/4 | €26,997 | €83,794 | +€56,797 | +210.4% |
| Advances received on contracts in progress | 46 | €464 | €26,862 | +€26,398 | +5684.6% |
| Taxes, remuneration and social security | 45 | €13,284 | €12,036 | -€1,248 | -9.4% |
| Taxes | 450/3 | €13,284 | €12,036 | -€1,248 | -9.4% |
| Other amounts payable | 47/48 | €42 | €78 | +€36 | +85.5% |
| Non-recurring operating income | 76A | €5,000 | €0 | -€5,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,338 | €31,079 | -€258 | -0.8% |
| Other operating charges | 640/8 | €5,267 | €5,556 | +€289 | +5.5% |
| Non-recurring operating charges | 66A | €5,472 | €0 | -€5,472 | -100.0% |
| Gross operating margin | 9900 | €342,080 | €200,420 | -€141,660 | -41.4% |
| Operating profit (loss) | 9901 | €300,003 | €163,784 | -€136,219 | -45.4% |
| Financial income | 75/76B | €3,102 | €6,629 | +€3,527 | +113.7% |
| Recurring financial income | 75 | €3,102 | €6,629 | +€3,527 | +113.7% |
| Financial charges | 65/66B | €1,998 | €2,451 | +€453 | +22.7% |
| Recurring financial charges | 65 | €1,998 | €2,451 | +€453 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €301,107 | €167,962 | -€133,145 | -44.2% |
| Income taxes | 67/77 | €96,217 | €52,406 | -€43,810 | -45.5% |
| Profit (loss) for the period | 9904 | €204,890 | €115,556 | -€89,334 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €204,890 | €115,556 | -€89,334 | -43.6% |
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 6 October 2026 via checked.be.