ANGEL CO: 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.
Atelier ACAR
Largest movements
- Receivables within one year +€1,739
new in 2025: €1,739
- Cash -€1,312
down €1,312 (-43.7%), from €3,000 to €1,688
mainly Net result for the year (-€5,860) and Trade debts (-€3,107)
- Other debts +€9,393
up €9,393 (+408%), from €2,300 to €11,693
- Profit (loss) carried forward -€5,860
down €5,860 (-90.8%), from -€6,453 to -€12,313
- Trade debts -€3,107
down €3,107 (-74.8%), from €4,153 to €1,046
- Gross operating margin +€561
up €561 (+9.3%), from -€6,016 to -€5,455
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
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 | €3,000 | €3,426 | +€426 | +14.2% |
| Current assets | 29/58 | €3,000 | €3,426 | +€426 | +14.2% |
| Amounts receivable within one year | 40/41 | - | €1,739 | +€1,739 | |
| Other amounts receivable | 41 | - | €1,739 | +€1,739 | |
| Cash at bank and in hand | 54/58 | €3,000 | €1,688 | -€1,312 | -43.7% |
| Total equity and liabilities | 10/49 | €3,000 | €3,426 | +€426 | +14.2% |
| Equity | 10/15 | -€3,453 | -€9,313 | -€5,860 | -170% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,453 | -€12,313 | -€5,860 | -90.8% |
| Amounts payable | 17/49 | €6,453 | €12,740 | +€6,286 | +97.4% |
| Amounts payable within one year | 42/48 | €6,453 | €12,740 | +€6,286 | +97.4% |
| Trade debts | 44 | €4,153 | €1,046 | -€3,107 | -74.8% |
| Suppliers | 440/4 | €4,153 | €1,046 | -€3,107 | -74.8% |
| Other amounts payable | 47/48 | €2,300 | €11,693 | +€9,393 | +408% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | -€6,016 | -€5,455 | +€561 | +9.3% |
| Operating profit (loss) | 9901 | -€6,453 | -€5,855 | +€598 | +9.3% |
| Financial charges | 65/66B | - | €5 | +€5 | |
| Recurring financial charges | 65 | - | €5 | +€5 | |
| Profit (loss) for the period before taxes | 9903 | -€6,453 | -€5,860 | +€593 | +9.2% |
| Profit (loss) for the period | 9904 | -€6,453 | -€5,860 | +€593 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,453 | -€5,860 | +€593 | +9.2% |
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 14 October 2026 via checked.be.