ANGELSOINS: 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.
ANGELSOINS
Largest movements
- Receivables within one year +€2,222
up €2,222, from €0 to €2,222
- Cash -€1,592
down €1,592 (-2.6%), from €61,120 to €59,528
mainly Contributions, distributions and other (-€16,190) and Receivables within one year (-€2,222)
- Reserves -€11,695
down €11,695 (-26.6%), from €44,000 to €32,305
of which Distributable reserves: -€11,695
- Other debts +€10,483
up €10,483 (+173%), from €6,054 to €16,537
- Tax, wage and social debts +€748
up €748 (+29.5%), from €2,534 to €3,283
of which Taxes: +€783
- Gross operating margin -€4,884
down €4,884 (-25.6%), from €19,093 to €14,209
- Taxes -€2,315
down €2,315 (-32.5%), from €7,113 to €4,798
- Financial charges -€318
down €318 (-13.5%), from €2,349 to €2,031
- Staff costs -€316
down €316 (-19.9%), from €1,589 to €1,272
- Other operating charges +€259
up €259 (+27.8%), from €932 to €1,191
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 | €71,688 | €71,665 | -€23 | 0.0% |
| Fixed assets | 21/28 | €1,060 | €345 | -€716 | -67.5% |
| Tangible fixed assets | 22/27 | €1,060 | €345 | -€716 | -67.5% |
| Furniture and vehicles | 24 | €1,060 | €345 | -€716 | -67.5% |
| Current assets | 29/58 | €70,627 | €71,320 | +€693 | +1.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | €2,222 | +€2,222 | |
| Other amounts receivable | 41 | €0 | €2,222 | +€2,222 | |
| Cash at bank and in hand | 54/58 | €61,120 | €59,528 | -€1,592 | -2.6% |
| Deferred charges and accrued income | 490/1 | €9,507 | €9,570 | +€62 | +0.7% |
| Total equity and liabilities | 10/49 | €71,688 | €71,665 | -€23 | 0.0% |
| Equity | 10/15 | €62,600 | €50,905 | -€11,695 | -18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,000 | €32,305 | -€11,695 | -26.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,140 | €30,445 | -€11,695 | -27.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €9,088 | €20,759 | +€11,672 | +128% |
| Amounts payable within one year | 42/48 | €9,088 | €20,759 | +€11,672 | +128% |
| Trade debts | 44 | €499 | €939 | +€440 | +88.1% |
| Suppliers | 440/4 | €499 | €939 | +€440 | +88.1% |
| Taxes, remuneration and social security | 45 | €2,534 | €3,283 | +€748 | +29.5% |
| Taxes | 450/3 | €113 | €897 | +€783 | +692% |
| Remuneration and social security | 454/9 | €2,421 | €2,386 | -€35 | -1.4% |
| Other amounts payable | 47/48 | €6,054 | €16,537 | +€10,483 | +173% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,589 | €1,272 | -€316 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €820 | €716 | -€104 | -12.7% |
| Other operating charges | 640/8 | €932 | €1,191 | +€259 | +27.8% |
| Gross operating margin | 9900 | €19,093 | €14,209 | -€4,884 | -25.6% |
| Operating profit (loss) | 9901 | €15,751 | €11,029 | -€4,722 | -30.0% |
| Financial income | 75/76B | €122 | €295 | +€174 | +143% |
| Recurring financial income | 75 | €122 | €295 | +€174 | +143% |
| Financial charges | 65/66B | €2,349 | €2,031 | -€318 | -13.5% |
| Recurring financial charges | 65 | €2,349 | €2,031 | -€318 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €13,524 | €9,293 | -€4,231 | -31.3% |
| Income taxes | 67/77 | €7,113 | €4,798 | -€2,315 | -32.5% |
| Profit (loss) for the period | 9904 | €6,411 | €4,495 | -€1,916 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,411 | €4,495 | -€1,916 | -29.9% |
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 20 October 2026 via checked.be.