ANGE: 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.
ANGE
Largest movements
- Tangible fixed assets +€29,420
up €29,420 (+4.8%), from €619,315 to €648,735
- Other debts +€55,129
up €55,129 (+16.6%), from €332,090 to €387,220
- Debts after one year -€44,687
down €44,687 (-29.3%), from €152,700 to €108,013
- Reserves +€9,256
up €9,256 (+12.2%), from €75,961 to €85,217
- Current portion of long-term debt -€8,045
down €8,045 (-13.9%), from €57,673 to €49,629
- Gross operating margin -€33,564
down €33,564 (-39.7%), from €84,540 to €50,976
- Depreciation -€22,620
down €22,620 (-60.9%), from €37,120 to €14,500
- Financial charges -€13,592
down €13,592 (-48.1%), from €28,264 to €14,672
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 | €635,623 | €654,581 | +€18,959 | +3.0% |
| Fixed assets | 21/28 | €619,315 | €648,735 | +€29,420 | +4.8% |
| Tangible fixed assets | 22/27 | €619,315 | €648,735 | +€29,420 | +4.8% |
| Land and buildings | 22 | €619,315 | €648,735 | +€29,420 | +4.8% |
| Current assets | 29/58 | €16,308 | €5,847 | -€10,461 | -64.1% |
| Amounts receivable within one year | 40/41 | €7,563 | €3,439 | -€4,124 | -54.5% |
| Trade receivables | 40 | €7,563 | €375 | -€7,187 | -95.0% |
| Other amounts receivable | 41 | - | €3,063 | +€3,063 | |
| Cash at bank and in hand | 54/58 | €4,620 | €2,408 | -€2,212 | -47.9% |
| Deferred charges and accrued income | 490/1 | €4,125 | - | -€4,125 | |
| Total equity and liabilities | 10/49 | €635,623 | €654,581 | +€18,959 | +3.0% |
| Equity | 10/15 | €80,983 | €90,239 | +€9,256 | +11.4% |
| Contributions | 10/11 | €5,022 | €5,022 | = | 0.0% |
| Reserves | 13 | €75,961 | €85,217 | +€9,256 | +12.2% |
| Distributable reserves | 133 | €75,961 | €85,217 | +€9,256 | +12.2% |
| Amounts payable | 17/49 | €554,640 | €564,343 | +€9,703 | +1.7% |
| Amounts payable after more than one year | 17 | €152,700 | €108,013 | -€44,687 | -29.3% |
| Financial debts | 170/4 | €152,700 | €108,013 | -€44,687 | -29.3% |
| Amounts payable within one year | 42/48 | €401,940 | €456,330 | +€54,390 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €57,673 | €49,629 | -€8,045 | -13.9% |
| Trade debts | 44 | €6,953 | €9,476 | +€2,524 | +36.3% |
| Suppliers | 440/4 | €6,953 | €9,476 | +€2,524 | +36.3% |
| Taxes, remuneration and social security | 45 | €5,224 | €10,005 | +€4,781 | +91.5% |
| Taxes | 450/3 | €5,224 | €10,005 | +€4,781 | +91.5% |
| Other amounts payable | 47/48 | €332,090 | €387,220 | +€55,129 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,120 | €14,500 | -€22,620 | -60.9% |
| Other operating charges | 640/8 | €8,031 | €7,794 | -€237 | -3.0% |
| Gross operating margin | 9900 | €84,540 | €50,976 | -€33,564 | -39.7% |
| Operating profit (loss) | 9901 | €39,388 | €28,682 | -€10,706 | -27.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.3% |
| Financial charges | 65/66B | €28,264 | €14,672 | -€13,592 | -48.1% |
| Recurring financial charges | 65 | €28,264 | €14,672 | -€13,592 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €11,125 | €14,010 | +€2,885 | +25.9% |
| Income taxes | 67/77 | €3,979 | €4,754 | +€775 | +19.5% |
| Profit (loss) for the period | 9904 | €7,147 | €9,256 | +€2,109 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,147 | €9,256 | +€2,109 | +29.5% |
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 9 October 2026 via checked.be.