ANGAMA: 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.
ANGAMA
Largest movements
- Tangible fixed assets +€3,500
new in 2025: €3,500
- Receivables within one year -€767
down €767 (-1.2%), from €64,841 to €64,074
of which Other amounts receivable: -€3,435
- Profit (loss) carried forward +€20,053
up €20,053 (+62.7%), from €31,971 to €52,024
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Advances received -€4,676
down €4,676 (-39.2%), from €11,916 to €7,240
- Trade debts +€2,429
up €2,429 (+77.6%), from €3,131 to €5,560
- Reserves +€1,860
new in 2025: €1,860
- Turnover +€174,202
up €174,202 (+102%), from €170,990 to €345,192
- Purchases and services +€147,388
up €147,388 (+93.0%), from €158,519 to €305,907
- Gross operating margin +€26,814
up €26,814 (+215%), from €12,471 to €39,285
- Depreciation +€10,501
new in 2025: €10,501
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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,618 | €67,704 | +€2,086 | +3.2% |
| Fixed assets | 21/28 | €130 | €3,630 | +€3,500 | +2,692% |
| Tangible fixed assets | 22/27 | - | €3,500 | +€3,500 | |
| Furniture and vehicles | 24 | - | €3,500 | +€3,500 | |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €65,488 | €64,074 | -€1,414 | -2.2% |
| Amounts receivable within one year | 40/41 | €64,841 | €64,074 | -€767 | -1.2% |
| Trade receivables | 40 | €3,232 | €5,900 | +€2,668 | +82.5% |
| Other amounts receivable | 41 | €61,609 | €58,174 | -€3,435 | -5.6% |
| Cash at bank and in hand | 54/58 | €647 | - | -€647 | |
| Total equity and liabilities | 10/49 | €65,618 | €67,704 | +€2,086 | +3.2% |
| Equity | 10/15 | €50,571 | €53,884 | +€3,313 | +6.6% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €31,971 | €52,024 | +€20,053 | +62.7% |
| Amounts payable | 17/49 | €15,047 | €13,820 | -€1,227 | -8.2% |
| Amounts payable within one year | 42/48 | €15,047 | €13,820 | -€1,227 | -8.2% |
| Trade debts | 44 | €3,131 | €5,560 | +€2,429 | +77.6% |
| Suppliers | 440/4 | €3,131 | €5,560 | +€2,429 | +77.6% |
| Advances received on contracts in progress | 46 | €11,916 | €7,240 | -€4,676 | -39.2% |
| Other amounts payable | 47/48 | - | €1,019 | +€1,019 | |
| Turnover | 70 | €170,990 | €345,192 | +€174,202 | +102% |
| Goods, raw materials, services and sundry goods | 60/61 | €158,519 | €305,907 | +€147,388 | +93.0% |
| Remuneration, social security and pensions | 62 | - | €820 | +€820 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,501 | +€10,501 | |
| Other operating charges | 640/8 | €694 | €3,187 | +€2,493 | +359% |
| Gross operating margin | 9900 | €12,471 | €39,285 | +€26,814 | +215% |
| Operating profit (loss) | 9901 | €11,777 | €24,778 | +€13,001 | +110% |
| Financial income | 75/76B | €3,674 | €2,746 | -€928 | -25.3% |
| Recurring financial income | 75 | €3,674 | €2,746 | -€928 | -25.3% |
| Financial charges | 65/66B | €607 | €2,405 | +€1,798 | +296% |
| Recurring financial charges | 65 | €607 | €2,405 | +€1,798 | +296% |
| Profit (loss) for the period before taxes | 9903 | €14,844 | €25,119 | +€10,275 | +69.2% |
| Income taxes | 67/77 | €3,856 | €3,205 | -€651 | -16.9% |
| Profit (loss) for the period | 9904 | €10,988 | €21,913 | +€10,925 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,988 | €21,913 | +€10,925 | +99.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.