ANGALEO: 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.
ANGALEO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€166
down €166 (-0.6%), from -€28,743 to -€28,909
- Other debts +€166
up €166 (+0.9%), from €18,793 to €18,958
- Depreciation -€262
no longer reported in 2025 (was €262)
- Gross operating margin -€166
down €166, from €0 to -€166
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 | €49 | €49 | = | 0.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €49 | €49 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49 | €49 | = | 0.0% |
| Total equity and liabilities | 10/49 | €49 | €49 | = | 0.0% |
| Equity | 10/15 | -€18,743 | -€18,909 | -€166 | -0.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,743 | -€28,909 | -€166 | -0.6% |
| Amounts payable | 17/49 | €18,793 | €18,958 | +€166 | +0.9% |
| Amounts payable within one year | 42/48 | €18,793 | €18,958 | +€166 | +0.9% |
| Other amounts payable | 47/48 | €18,793 | €18,958 | +€166 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262 | - | -€262 | |
| Gross operating margin | 9900 | €0 | -€166 | -€166 | |
| Operating profit (loss) | 9901 | -€262 | -€166 | +€96 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | -€262 | -€166 | +€96 | +36.8% |
| Profit (loss) for the period | 9904 | -€262 | -€166 | +€96 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€262 | -€166 | +€96 | +36.8% |
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 5 October 2026 via checked.be.