ANG BUILD: 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.
ANG BUILD
Largest movements
- Tangible fixed assets -€32,608
no longer reported in 2025 (was €32,608)
- Receivables within one year +€8,326
up €8,326 (+1086.1%), from €767 to €9,093
of which Trade receivables: +€7,970
- Cash +€3,238
up €3,238 (+356.2%), from €909 to €4,147
mainly Investment in fixed assets (net) (+€32,608) and Tax, wage and social debts (+€3,224)
- Profit (loss) carried forward -€17,383
down €17,383 (-1924.0%), from -€903 to -€18,287
- Debts after one year -€6,623
down €6,623 (-25.7%), from €25,792 to €19,169
- Tax, wage and social debts +€3,224
up €3,224 (+319.2%), from €1,010 to €4,234
of which Remuneration and social security: +€2,838
- Other debts -€866
no longer reported in 2025 (was €866)
- Current portion of long-term debt +€404
up €404 (+6.5%), from €6,220 to €6,623
- Write-downs +€48,466
new in 2025: €48,466
- Gross operating margin +€45,269
up €45,269 (+523.1%), from €8,653 to €53,923
- Other operating charges +€26,834
up €26,834 (+1543.5%), from €1,739 to €28,572
- Financial income +€9,083
new in 2025: €9,083
- Depreciation -€5,874
no longer reported in 2025 (was €5,874)
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 | €34,525 | €13,239 | -€21,286 | -61.7% |
| Fixed assets | 21/28 | €32,608 | - | -€32,608 | |
| Tangible fixed assets | 22/27 | €32,608 | - | -€32,608 | |
| Furniture and vehicles | 24 | €32,608 | - | -€32,608 | |
| Current assets | 29/58 | €1,917 | €13,239 | +€11,322 | +590.6% |
| Amounts receivable within one year | 40/41 | €767 | €9,093 | +€8,326 | +1086.1% |
| Trade receivables | 40 | €50 | €8,020 | +€7,970 | +15940.0% |
| Other amounts receivable | 41 | €717 | €1,073 | +€356 | +49.7% |
| Cash at bank and in hand | 54/58 | €909 | €4,147 | +€3,238 | +356.2% |
| Deferred charges and accrued income | 490/1 | €242 | - | -€242 | |
| Total equity and liabilities | 10/49 | €34,525 | €13,239 | -€21,286 | -61.7% |
| Equity | 10/15 | €597 | -€16,787 | -€17,383 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Contributions outside capital | 11 | - | €1,500 | +€1,500 | |
| Other | 1109/19 | - | €1,500 | +€1,500 | |
| Profit (loss) carried forward | 14 | -€903 | -€18,287 | -€17,383 | -1924.0% |
| Amounts payable | 17/49 | €33,928 | €30,026 | -€3,903 | -11.5% |
| Amounts payable after more than one year | 17 | €25,792 | €19,169 | -€6,623 | -25.7% |
| Financial debts | 170/4 | €25,792 | €19,169 | -€6,623 | -25.7% |
| Amounts payable within one year | 42/48 | €8,136 | €10,857 | +€2,721 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €6,220 | €6,623 | +€404 | +6.5% |
| Trade debts | 44 | €41 | €0 | -€41 | -100.0% |
| Suppliers | 440/4 | €41 | €0 | -€41 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,010 | €4,234 | +€3,224 | +319.2% |
| Taxes | 450/3 | €1,010 | €1,396 | +€386 | +38.2% |
| Remuneration and social security | 454/9 | - | €2,838 | +€2,838 | |
| Other amounts payable | 47/48 | €866 | - | -€866 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,874 | - | -€5,874 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €48,466 | +€48,466 | |
| Other operating charges | 640/8 | €1,739 | €28,572 | +€26,834 | +1543.5% |
| Gross operating margin | 9900 | €8,653 | €53,923 | +€45,269 | +523.1% |
| Operating profit (loss) | 9901 | €1,041 | -€23,116 | -€24,156 | |
| Financial income | 75/76B | - | €9,083 | +€9,083 | |
| Recurring financial income | 75 | - | €9,083 | +€9,083 | |
| Financial charges | 65/66B | €935 | €3,351 | +€2,416 | +258.6% |
| Recurring financial charges | 65 | €935 | €3,351 | +€2,416 | +258.6% |
| Profit (loss) for the period before taxes | 9903 | €106 | -€17,383 | -€17,489 | |
| Income taxes | 67/77 | €1,010 | - | -€1,010 | |
| Profit (loss) for the period | 9904 | -€903 | -€17,383 | -€16,480 | -1824.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€903 | -€17,383 | -€16,480 | -1824.0% |
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 12 October 2026 via checked.be.